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Saturday, May 20, 2017

Profit Sharing

From the chapter Introduction to Internet Sales

Profit Sharing

With all those internet sales going on at TripleClicks.com, wouldn’t it be incredible if you could share in all of the profits? And not just from your own sales and the sales of people you’ve introduced to SFI, but from the over one million other SFI affiliates, too? Well, hold on to your hat, because, as an SFI affiliate, you get that too! Yes, seriously!
SFI-powered TripleClicks.com–YOUR store–is one of the fastest-growing e-commerce Websites in the world. TripleClicks currently features 94,280 products—from over 110 countries worldwide—and we're adding hundreds of new products weekly. Every month, we put a whopping 40% of the Commission Volume of EVERY order at TripleClicks into a revenue pool for our affiliates to share in!
To earn shares of the pool, you need only to score a minimum of 1500 “VersaPoints” monthly. What’s a VersaPoint? VersaPoints are something we award to you for doing various actions throughout the month. The more points you score each month, the more you can earn from the pool.  To be exact, you earn one share of the pool for each VersaPoint you score. It’s that’s simple! We’ll explain more about VersaPoints soon.

Matching VP (Matching Profit Sharing)

From the chapter Getting off the Anti-Wealth Plan

Matching VP (Matching Profit Sharing)

As you learned in our lesson on PROFIT SHARING, for each VersaPoint you accumulate during the month, you will receive one share of the month's TripleClicks Executive Pool (provided you attain a minimum of 1500 VP during the month).  The more VP you score, the more shares you will directly earn from the pool (see your TO DO list for a complete list of available actions that earn you VP).
But you can earn even more shares by becoming a Team Leader.  By learning to lead and grow a TEAM of active SFI affiliates, you'll turn on one of the most lucrative components of the SFI compensation plan, that we call MATCHING VP.
Here's how it works:
  • As a Bronze Team Leader, you'll earn matching VP on all EAs in your team within 6 generations (and on all your EA CSAs too)
  • As a Silver Team Leader, you'll earn matching VP on all EAs in your team within 8 generations (and on all your EA CSAs too)
  • As a Gold Team Leader, you'll earn matching VP on all EAs in your team within 10 generations (and on all your EA CSAs too)
  • As a Platinum Team Leader, you'll earn matching VP on all EAs in your team within 12 generations (and on all your EA CSAs too)
  • As a Diamond Team Leader, you'll earn matching VP on all EAs in your team within 12 generations (and on all your EA CSAs too), plus double matching VP on EA affiliates on your 12th generation
Matching VP Example: You are an Silver Team Leader.  The EAs in your first 8 generations and your CSAs account for a total of 57,500 VP this month, so YOU earn a matching 57,500 shares of the TripleClicks Executive Pool.

The Key

The most important thing to understand about Matching VP is that it is the powerful LEVERAGED INCOME component of our compensation plan, one of the two most important elements for building wealth, as explained in this LaunchPad lesson.  So, as a Team Leader, one of the things you'll most want to do is help all of your members score lots of VP every month...because for every VP they score, YOU will earn another share of the TripleClicks Executive Pool.  The higher they go, the higher YOU go!
But it goes much farther.  That is, every month you can earn matching profit shares on every affiliate you sponsor.  But you can also earn matching profit shares on every affiliate THEY sponsor...and that THEY sponsor...and so on...down a full 12 total generations on your team.  Indeed, many of our affiliates earn thousands of matching shares, some hundreds of thousands of matching shares, each month on the activities of hundreds of affiliates within their 12-generation team! 

How to grow your Matching Shares

Whenever you refer someone to SFI, you become their "Sponsor."  As their sponsor, help them get started.  Teach them, encourage them, and cheer them on! Soon they will be scoring VersaPoints and sponsoring their own affiliates and adding generations of even more affiliates to your team!  As this "duplication" continues month after month, your earnings can grow exponentially as you begin earning thousands of additional profit shares.
TIP: A good way to get your team members to score a lot of VP is to "lead by example" and score a lot of VP yourself.  How will they know you're racking up copious amounts of VP?  Your badges on your Leadership Page, your position on the VP Leaderboard, etc. tell the story.

Introduction to Versa Points

Introduction to VersaPoints

What are VersaPoints?  

VersaPoints (VP) are points that are awarded to you for doing various actions that support the growth and success of your SFI business.  When you joined SFI, for example, you had the opportunity to earn hundreds of VP for confirming your email address, for uploading your account photo, etc.  And there are dozens of other actions that you can do monthly to earn thousands of VersaPoints (see your TO DO list for a complete list of available actions that earn you VP).

Why VersaPoints are important:

1. VersaPoints are used as the primary method for determining your rank in SFI.  The more VP you collect, the higher your rank in SFI can go and the more benefits become available to you.  To review the benefits of each rank, see our Benefits Chart.
2. The number of VersaPoints you collect each month determines how big your monthly profit share is; you earn one share for every VP you collect (minimum 1500 VP).  Learn more about profit sharing in this lesson.
3. VersaPoints unlock the most powerful component of our compensation planLeveraged Income.
4. If you're still in your first year in SFI, VersaPoints are also important because collecting the most VP is the objective of the E365 contest (a contest for all SFI affiliates in which you can share in over a million dollars in cash and prizes).  Learn more about E365 HERE.
5. VersaPoints are the key to our "Power Rank" program. Power Rank allows you to see how you stack up amongst your fellow SFI'ers—in your class, in your country, and overall, too.  The more points you collect, the higher your Power Rank can go and the more prestigious your Power Rank badge will be.  Check out the current Power Rank Leaderboard and see where YOU are positioned now HERE.
TIP: Your current VersaPoints totals (for today, this month, last month, and all-time) are available 24 hours a day on your Scoreboard tab.

TIP: You can collect unlimited VersaPoints at no cost each month.  See our list HERE.

Making money with SFI

From the chapter SFI Basics


Following are the three basic ways you'll be making money with SFI:

1. Tap into our profit sharing program with VersaPoints (VP)

One of the reasons why SFI is so successful is because it's so easy to get  started. In fact, you can immediately begin earning income from our profit sharing program just by scoring "VersaPoints."  What's a VersaPoint?  Very simply, VersaPoints (VP) are points we award to affiliates for performing actions listed on their To-Do List (actions that will help you become successful in SFI).  Learn more about VersaPoints HERE.

Each time you complete an action on your SFI To-Do List, you instantly earn the points attached to that action. Some actions are worth 10 points, some 20 points, some as much as 150 points.  Earn as many VersaPoints as you can each month.  The more VP you score, the more you can earn from our profit sharing program.  The more VP you score, the higher your rank in SFI can go, too!

Note: A minimum of 1500 VP/month is required to qualify for profit sharing.

2. Increase your earnings by generating sales at TripleClicks.com

Each time someone you've referred to TripleClicks or SFI buys something at TripleClicks.com, you earn a 45% CV Direct Commission!  Plus, each retail sale also generates more VersaPoints (i.e. a larger share of the profit sharing program for you).

And remember that SFI takes care of all order processing, payments, product shipments, and customer service for you–all at no cost to you!  And  if all that wasn't enough, you can keep earning those big 45% commissions every time your referred customers buy something at TripleClicks.comfor life! 
 
How do you generate TripleClicks sales?  Everything you'll need to know will be covered in LaunchPad lessons just ahead.  Note that many of the methods are 100% FREE, can be done entirely on the Internet (no face-to-face selling), and can be put into action within minutes!

3. Maximize your income with Team Sales

Scoring VersaPoints and generating sales at TripleClicks.com are a great way to start earning money with SFI, but if you want to create a major monthly income stream, you must employ TEAM SALES.


By learning to lead and grow a TEAM of active SFI affiliates, you'll turn on one of the most lucrative components of the SFI compensation plan: VersaPoints Matching


VersaPoints Matching means that every month you can get matching profit shares on every affiliate you refer to SFI...and every affiliate they refer to SFI, too (for up to 12 generations)!  In other words, for every VP they earn, YOU can earn matching VP! Many of our affiliates earn thousands of  matching shares each month on the activities of hundreds of affiliates in their team! 

Here's how YOU can too: Whenever you refer someone to SFI, you become their "Sponsor."  As their sponsor, you'll help them get started. Teach them, encourage them, and cheer them on! Soon they will be scoring VersaPoints and sponsoring their own affiliates and adding generations of even more affiliates to your team!  As this "duplication" continues month after month, your earnings can grow exponentially because you can now be earning thousands of additional profit shares.

How do you sign up SFI affiliates? Everything you'll need to know will be covered in LaunchPad lessons just ahead.  Note that many of the methods are 100% FREE, can be done entirely on the Internet, and can be put into action within minutes!

Okay, those are the three BASICS ways to earn.  But you'll be pleased to know that there are even more ways to earn as an SFI affiliate, and we'll cover these in upcoming LaunchPad lessons.
Before we close out this first lesson, here are a few other key "getting started" resources to review at your convenience:
For more FAQs and other HELP….visit our Affiliate Support Desk HERE.