Hope you have a great day with family and loved ones. Before I go any further I want to let you know 3 important terms in an online business. They are as follows, make sure to read and understand these terms and you will understand the SFI business as well.
[1] Glossary definition: Leveraged Income Income earned through other people's efforts. As an SFI affiliate, you can earn commissions when your affiliates purchase products for themselves or sell them to others. You'll earn even more income when the affiliates that your affiliates sign up purchase or sell products--and when your affiliate's affiliates refer other affiliates...and so on--that's the power of leveraged income! |
[2] Glossary definition: Residual Income
One of the types of income you can earn as an SFI affiliate. Residual Income is income that keeps coming in, around the clock, month after month, year after year. It's like a royalty where you write a book or record a song and get paid indefinitely on it.
[3] Glossary definition: Duplication
Refers to affiliates in your organization "duplicating" your actions, such as sponsoring new affiliates, making sales, mentoring prospective leaders, etc. If you can achieve a high degree of "duplication" in your organization, you can "be in a hundred places at one time" and able to grow your business rapidly through the efforts of others.
The above 3 terms will play an important part in your SFI business when you have a team and being a Team Leader.
One of the types of income you can earn as an SFI affiliate. Residual Income is income that keeps coming in, around the clock, month after month, year after year. It's like a royalty where you write a book or record a song and get paid indefinitely on it.
[3] Glossary definition: Duplication
Refers to affiliates in your organization "duplicating" your actions, such as sponsoring new affiliates, making sales, mentoring prospective leaders, etc. If you can achieve a high degree of "duplication" in your organization, you can "be in a hundred places at one time" and able to grow your business rapidly through the efforts of others.
The above 3 terms will play an important part in your SFI business when you have a team and being a Team Leader.
Glossary definition: Team Leader
A title awarded to an affiliate who has accumulated at least 3,000 VersaPoints for the month (1,500 minimum/2,000 maximum VersaPoints must come from sales and/or purchases to qualify for Team Leader status). A Team Leader must also maintain his/her Leadership Page (more details here) and a minimum 3-star sponsor rating (not applicable if TLs have less than 5 ratings) from PSAs. Meeting the qualifications means you'll hold the title for the month you qualify, as well as the month following it (you'll need to requalify by end of the current month to retain the title).
A title awarded to an affiliate who has accumulated at least 3,000 VersaPoints for the month (1,500 minimum/2,000 maximum VersaPoints must come from sales and/or purchases to qualify for Team Leader status). A Team Leader must also maintain his/her Leadership Page (more details here) and a minimum 3-star sponsor rating (not applicable if TLs have less than 5 ratings) from PSAs. Meeting the qualifications means you'll hold the title for the month you qualify, as well as the month following it (you'll need to requalify by end of the current month to retain the title).
There are four VIP Team Leader titles: Bronze Team Leader, Silver Team Leader, Gold Team Leader, and Platinum Team Leader. For a complete listing of Team Leader benefits, click HERE.
Here are some important things to remember about being an SFI Team Leader:
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