9th year with SFI
must-read post
Every Versa Point you earn can be money in your pocket. And because of that, the more Versa Points you earn, the more money you can make.
You earn money from Versa Points when you reach 1500 Versa Points in any calendar month. This has to be accomplished every month, because on the first of the month, we start with 0 Versa Points.
The value of a Versa Points will change from month to month based on 3 things:
1. The sales volume produced in SFI by affiliates or customers purchasing things like TCredits or other products; every sale by cash or credit card puts money into the Versa Point profit sharing pool; as well, Rewardical ECA’s are going to contribute to that pool when they pay for Rewardical tokens they give away to people who purchase products from them and who make a claim for those tokens, as are Localvantia merchants.
2. The number of Versa Points earned in a month by all affiliates, through their daily, weekly and monthly actions; their purchases they make, or purchases made by their PRMs. All sales made by cash or credit card produces Versa Points into an affiliates’ account for that month. Rewardical tokens can also be redeemed for Versa Points for any affiliate.
3. Team Leaders can receive Matching Versa Points from members in their downline, up to 12 levels, provided their downline members reach Executive Affiliate rank.
The total dollars available that have been put into the profit sharing pool from all affiliates and customers purchasing activities in the calendar month is divided by the total number of Versa Points earned by all affiliates who reach EA rank or higher -- including the Matching VP earned Team Leaders.
This will give a dollar value per share of VP. For all affiliates that qualify by reaching EA or higher, that dollar value is then multiplied by the number of VP earned in that month, to arrive at a dollar amount that is paid out to your commission account.
So, Versa Points are worth money. But they are only worth money if we as affiliates are purchasing products, or making sales to customers. If we are not making an effort to increase sales of products, then we are not contributing to the pool of money that SFI pays out to us through the profit sharing program.
Because Versa Points are worth money, there is also a cost to them as well. That cost can really be shown like this:
For every Versa Point SFI gives away for FREE, meaning the points put into your account were not added there because of a purchase or a sale you made, then the value of those Versa Points goes down, and we all get paid a little less money because of that.
SFI has determined over time that the rewarding of FREE VP for certain things, like actions on your To Do List, is designed to help affiliates reach ranks of EA or higher so that they can participate in earning money from Versa Points. But, like every other sales person on the planet that earns commissions, they can only be paid out if those sales people actually make sales. So be careful on continuing to try and earn FREE Versa Points, because, in the long run, you are probably reducing the amount income you could get from the profit sharing pool. What we currently have available for FREE should be enough to help all of us achieve Team Leader ranks, if we want to.
In the SFI program, you can actually get to earn commissions by making purchases as well; because like I said, every purchase you make puts money into the profit sharing pool; and you earn VP as well from those purchases.
Each person making small purchases every month can make a huge difference to the income of all affiliates. We all help each other when we can do that.
So, Versa Points do equal money. Every month, our goal is to try and earn as many Versa Points as we can to get paid money from the profit sharing pool. This is also what we should be teaching our PSA’s to do. And they should be teaching their PSA’s, and so on. Like, Team Building.
And where you can, make a contribution to the profit sharing pool by making a purchase or a sale. If you buy TCredits, use those TCredits to play games or bid on auctions to earn these Rewardical Tokens that you can redeem for Versa Points, and increase your total. Show your PSA’s how to do that, every day.
It can be a very simple process. Earn Versa Points. Get paid. Just know the rules, and learn the process.
