How To Apply For A
New Business Sponsorship

Please complete the New Business Sponsorship application form only if you do not currently have an SBI! subscription and have not had one in the previous 12 months.

Are you looking for Help For Nonprofits? You have the same process. When you complete the application form, mention that you'll be the individual doing the work for the nonprofit.

Follow these tips and increase your chances of submitting a winning application...

  • TIP #1. Ensure that your e-mail address is correct. We need it to notify you!
  • TIP #2. Read each question very carefully and respond as specifically as you can to all parts of the question. Take your time to understand what the question is asking.
  • TIP #3. Prepare your answers in advance in a text file, then copy and paste them into the boxes below. This will help you respond more thoroughly.
  • TIP #4. Use specific examples from your own experience. Avoid making general statements that anyone might find in a self-help book or Wikipedia.
  • TIP #5. It's more important for you to be honest than it is to try and give us answers you think we're looking for. The truth will ultimately prevail, especially in YOUR own business.

Please click here to download the application form. It's a straightforward Word document. Follow the submission instructions contained in it. Be sure to follow the tips!

Here are the questions you'll be answering:

  1. In approximately 500 words, introduce yourself and share your business and life goals. Outline how/why you see SBI! helping you achieve those goals.
  2. Give an example from your own experience, business or otherwise, of how you had set yourself a goal and managed to stay focused enough to achieve it, despite possible distractions, like relationship or especially financial problems.
  3. Being as specific as possible, describe how you will slice your "time pie" between your current responsibilities (family, job, life) and the efforts required to grow an e-business.
  4. How do you motivate yourself (and sometimes others working with you) to overdeliver or go beyond expectations? Using specific examples (business, school, charity, sports club, etc.) describe how you prepare to succeed whenever you embark on a new project or experience.
  5. Based on what friends and workers might see in you, what subjects do you have a special knowledge or expertise in? How do you go about learning something new if it's something you like? And if it's something you don't like?
  6. Describe how you come up with project ideas (business or otherwise), how you choose the best one to focus on, and how you keep the other ideas on hold until they're ready to be nurtured.
  7. Which individuals (or groups) do you see contributing to the building of your online business and to what extent is each responsible for the success of your business? Use one of your past projects (business, charity, school, etc.) to illustrate.
  8. Describe with specific dates and revenue figures how you expect your online business to perform. Give a brief explanation for your numbers.
  9. Based on your past experience, business or otherwise, describe what obstacles might get in your way of success and how you would overcome them. Include as much detail as you can.
  10. Describe an example of a successful action plan for a project or event (such as launching a new product, chairing a volunteer committee, or organizing a church bake sale) that you executed in the past. What factors made it work? What would you do differently to make it even better?
  11. Based on how you see yourself and how you think others see you, describe as transparently as possible what your strengths and weaknesses are. How do you plan to improve your weaker points?
What's the biggest mistake applicants make?
There's absolutely no doubt that the biggest mistake made by applicants is the failure to give specific answers to the specific parts of each question. If you don't answer each part of each question, your answer is incomplete! Missing parts of a question could also indicate a tendency to gloss over what might be very important instructions in building your online business!
Here's another biggie... making general statements anyone could make instead of providing specific examples from YOUR life story. Be thorough and specific. It's one of the things you need to be to succeed as an online business owner!

So are you ready? Then download the application form now.

Sponsorship or Scholarship?

Sponsorship yes. Scholarship no. Here's the distinction.

A sponsorship is support given by a patron. Just as Puma sponsored Usain Bolt the sprinter before he was Olympic and World champion, we will back potential winners in online business.

A scholarship is financial aid that goes to a scholar because of academic merit. We don't look for or reward academic merit in a person. It's not a factor for us in selecting those we support.

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