Day 3 – Expand Your SFI Business
SFI is a great business, but by itself it takes way to long before you see the good stuff with SFI profits. There’s nothing wrong with a little supplement to your SFI business.
To really mark your presence in the internet landscape you need your own web site. Unfortunately not every body knows how to do this and hiring a programmer to do it for you is no bargain either.
Luckily there’s a guy who will take care of everything for you. His name is Stone Evans. You might have heard of him before. Maybe you already visited his website and you didn’t think this is something you wanted to do.
To be honest with you Stone is the sole reason why I got serious with my online business. I was a SFI affiliate before I got to know Stone’s system. I didn’t have a single affiliate signing up under me and I was ready to quit. Then I fund Stone’s easy to use Plugin Profit Site or PIPS. That was the turning point for my business.
Yes, Stone requires you to sign up for Empowerism and Host4Profit in order for him to create your website. These are very small fees for what you will get and in my math example I will show you how the system will pay for itself.
With Empowerism you actually get multiple things from one single source. You get a fully populated autoresponder, new leads every month, automatic submission to over 20 search engines and an extensive training library to enhance your internet marketing skills. You pay more in monthly fees for every single one of these services with other vendors. With Empowerism you get all this plus their revolutionary money back system. Don’t join Empowerism because of the opportunity to turn $25 into $2000. Join them because they offer you great services you need for an even greater price.
Host4Profit is like every other hosting service. They offer great service, supportive staff, plenty of disk space and great uptime numbers. Two things separate them from the others. First, you will get $10 a month for every new H4P customer you refer. Not a single payment, this is monthly residual income. Second, you get unlimited sub domains with H4P. Compare this with other hosting services. Most of them charge you at least an additional $5 a month for every sub domain. Two great services that make the little bit higher price seem like a bargain.
One thing I need to point out. Although SFI is completely free to join and you never have to pay a fee to receive a commission, there’s one small downside. If you put the strategies of day 1 and 2 in this course to work, you will probably have a couple of affiliates sign up under you. And the list of affiliates will grow. You might get fortunate enough that you will sponsor enough executive affiliates that you will reach 10 SVP without any personal purchases.
This might not always be the case and if you don’t make your 10 SVP you will loose your executive affiliate status and all of your personally sponsored affiliates that you worked hard for. Don’t let this happen to you. Sign up for IAHBE. This is the international association of home business entrepreneurs. Besides the nice welcome gifts worth $1000 you will secure your position in the t-net as long as you’re a member of IAHBE. Every month you will receive your 10 SVP, in addition to what ever other sales you create, and automatically qualify for executive affiliate. To me this is a no-brainer.
Login to your SFI portal, click on ‘affiliate store’ and click on ‘10 SVP Favorites’. IAHBE is the first item on the list. Add it to your cart and proceed to checkout. That’s it. You will receive a welcome package in your regular mail and the bonus booklet. Take advantage of the bonus material. They are great and they are free.
Ok, now it’s time for some action. Please
CLICK HERE to go to Stones welcome page. Print out the entire page and read it several times. This will help you to completely understand Stone’s system.
Sign up for every program Stone lists, except SFI. You’re already a member. Next get your Host4Profit web hosting account. This is important. Without this you don’t have a place to put your web site on. It’s like having a phone without a phone service.
Congratulations, you’re now officially part of the World Wide Web with your very own web site.
Now it’s time to learn some marketing skills and start promoting your baby web site. I used Stone’s very own book ’30 days to Success’. It is part of your own web site and you should read it cover to cover. The tactics Stone is teaching you are essential to a successful launch of your new web site. I learned a lot and without this knowledge I still would be frustrated trying to get something going.
Before I close for today I want to show you some math examples on how your new home business could work. Everything I will present is done 100% online. So it doesn’t matter where you live or what delivery restrictions might be in place. You are virtually everywhere and your store is accessible anywhere in the world. Pretty cool.
Some Math ExamplesFirst you need to know what this whole online business will cost you money each and every month. I will refer to this as business expenses. Every business has expenses. In my example $75 in business expenses are pretty cheap for an online business. Before you jump out of your chair and go “$75 a month! How can I afford this?” Truthfully, if you can’t afford $75 a month for your own business, you shouldn’t do this.
In my math I will demonstrate how this investment will provide you with some nice profits. But like anything else in life. There’s no guarantee. So you need to be able to sustain these expenses without any income from your online business. This is my duty to protect you from any harm.
Ok enough lecturing, let’s get started. First you need to know the cost breakdown of your business expenses. The table below is exactly that.
| Program | Monthly costs |
| H4P | $24.95 |
| Empowerism | $19.95 |
| IAHBE | $29.95 |
| | |
| Total | $74.85 |
To show you how your business could work I made the assumption that you will be able to produce 3 new signups to this system each and every month. Is this a lot? You might ask. Not really. 3 sign ups are actually very realistic. I further assume that none of your new sign ups ever quit. That’s not realistic at all. Typically 10-20% of your sub-affiliates quit within the first 6 months. Make sure that you teach your sub-affiliates how they can be successful and you will lower this drop out rate.
Ok here’s my example, based on 3 new signups every month for a full year.
| Monthly Signup Bonus | Monthly Residual | Monthly Residual after 1 Year |
H4P($10 residual) |
| $30 | $360 |
Empowerism($20 signup / $7 residual) | $60 | $21 | $252 |
SFI($15 signup / $1 residual) | $45 | $3 | $36 |
|
|
|
|
Total | $105 | $54 | $648 |
After one year your monthly profit will be:
Income $648 (From SFI, H4P and Empowerism)Expenses $74.25 (Your monthly membership fees)
Profit $573.15Plus $105 signup bonuses, every month, for the 3 new signups. Total profit per month after 1 year $678.15. Not bad for a business where most never make dime. I also didn’t account for sales you will make with Corey Rudl’s affiliate program. Take any sales from there as extra bonus.
I just want to make sure that you understand how this works. You just need 3 signups a month, less than 1 signup a week to make this example working. Of course nobody in the whole world would guarantee this and neither do I. These numbers just show you how you should approach this business. Most online income systems are based on huge signup numbers to show you some unrealistic profits. With this system you can actually make a nice side income or extra spending cash. Because others got burned before I have to point out this earnings disclaimer. This is actually for your protection as well.
Here’s an example with 2 new signups every month for a full year.
| Monthly Signup Bonus | Monthly Residual | Monthly Residual after 1 Year |
| H4P($10 residual) |
| $20 | $240 |
| Empowerism($20 signup / $7 residual) | $40 | $14 | $168 |
| SFI($15 signup / $1 residual) | $30 | $2 | $24 |
|
|
|
|
| Total | $70 | $36 | $432 |
And just for kicks, 10 new signups.
| Monthly Signup Bonus | Monthly Residual | Monthly Residual after 1 Year |
| H4P($10 residual) |
| $100 | $1200 |
| Empowerism($20 signup / $7 residual) | $200 | $70 | $840 |
| SFI($15 signup / $1 residual) | $150 | $10 | $120 |
|
|
|
|
| Total | $350 | $180 | $2160 |
Enough theory, go out there and make these numbers happen.
