Tuesday 21 July 2015

To build a successful SFI business, how much should I rely on my sponsor?

Relying on your sponsor depends on who you are, what you want and how you want it. On the other hand, it also depends on who your sponsor is, what he can offer in terms of support and assistance and his/her willingness and capacity to offer what he/she can offer. There is nothing too much or too little to rely on your sponsor in as much as you are not relying on him/her to do for you what you can do for yourself or to work your business for you. 

As you can see, your reliance on your sponsor will depend on your experience and your learning curve; lack of experience will increase your reliance on your sponsor and similarly, a slow learning curve will also increase your reliance, otherwise it will be reduced. It is also the case that as you rely on your sponsor to be successful in your SFI business, so also your sponsor relies on you for his/her success. This means reliance is mutual and the benefits there from are also mutual, however, the type and nature of reliance differ with both of you. 

As a newbie, you may want to rely on your sponsor as follows; 

1. To simplify the SFI business model to your understanding and guide you as you navigate through the nitty-gritty of this business; supporting and assisting you to get up to speed with the process. 

2. You may also rely on your sponsor to guide you to various ways you can obtain various information that will enable you make appropriate decisions going forward, including alternative and appropriate places to get support. 

3. You may also rely on your sponsor to lay out the income generating activities that are required for your engagement in order to develop an understanding on how to make money here, which is why you joined. 

As your sponsor may have reciprocated your reliance on him/her in the steps above, the onus may now be on you to determine whether you can apply what you have gained from your reliance on him/her to develop your business and if you still lack some idea on how to proceed, then you may continue to rely on your sponsor on how to:I highly recommend SFI to everyone! Get started here 

1. Stabilise your business by guiding you on the alternative ways to maintain your EA status on a continuing basis. 

2. You may also rely on your sponsor on the technical details of how and where to advertise for SFI signups, TC members/sales, ECA signups and may be SFIPPA, drawing your attention to the benefits on each of them. 

3. You may need to rely on him/her for encouragement, motivation and recognition of your efforts. This is important in situations where you are overwhelmed, depressed, unhappy and confused, especially when the 'lubricant' of your patience and dedication is running dry. 

At this stage, you may think you have worked hard enough to be seeing success and unfortunately, you are of the opinion that your success is not commensurate with your perceived level of success then you may rely on your sponsor again for the following: 

1. Help you with modern and alternative ways you may need to apply to tweak your business strategy to improve the chances of success in your SFI business. In this regard, you are relying on his/her experience and the power of his/her example (duplication). What is he/she doing currently that is different from before? What are his/her team building and restructuring strategies for a more effective and productive team? What are the new promotion, communication, sales and marketing tools that are working better, he/she is aware of and applying to his/her business? 

2. You may also need advice on cost saving strategies if you feel you are overstretching your budget. You may as a consequence, rely on your sponsor to guide you on cheaper sources of signups e.g. co-opting, website traffic, blogging, Search Engine Optimisation, social network marketing, face-to-face prospecting etc. 

3. You may rely on your sponsor also to help you build relationships and contacts that are pertinent to building a more successful business. You may be lucky to have an experience sponsor who has valuable networks in the online marketing business that will be very useful to you as you strive to build a successful SFI business, but be alert to cross solicitation and if you smell a rat, discontinue. 

To wrap it up, you have to bear in mind that your sponsor is human and may not have all the attributes and capacity to attract your reliance on him/her, so you need to also make serious efforts to help yourself by hard work and developing an appetite to learn by reading and understanding. This is very important in this business and according to Jim Rohn "Formal education will make you a living. Self-education will make you a fortune." You are supposed to make your business a success and not necessarily your sponsor, his/her support is only complementary because you don't wait for someone else to make your life terrific. That's your job. 

No comments:

Post a Comment