What exactly is a funded proposal? How can it actually help me in my MLM business? Have you ever thought these questions? A funded proposal is an essential concept and piece of your overall business, especially if you want to bring your business online.
A funded proposal is a way to raise much needed cash for your internet network marketing business. In this way, you earn money up front to put back into your business.
Let me define a funded proposal, and what you use it for. I need to frame this first. Approximately 98% of the people you contact through your marketing efforts will not join your primary MLM or network marketing business. Its just a fact. No need to worry over it, no need to fret, just a fact. You need to get over the fact that people will not want to join you in your opportunity.
So, we need a way to earn money up front quickly. The best way to do this is to earn money off of those that dont join your primary MLM program.
The way to do this is through something known as a funded proposal. There are two ways that a funded proposal works.
You can sell something like an e-book or a marketing system to them that generates money off of the initial sale. There are many well planned out marketing systems out there.
Otherwise, you can refer people to things of value to them, things that they actually need to be successful. You do this through your auto-responder e-mail series. In the process of doing this, you are helping those people out, and when they subscribe to what you are referring them to, you earn a commission off of that.
You must have some kind of funded proposal program or else you will run out of advertising money before you really get going! Trust me, it is much easier to sell a funded proposal program then your network marketing opportunity. The way you are going to set-up your funded proposal will be on auto-pilot as well. Just think of a steady stream of $$ to fund your advertising for you network marketing opportunity.
What a funded proposal does for you is provide much needed cash in order to PAY for your advertising. It is not necessarily intended as a revenue stream in itself, but it can be. Personally, I use the money I generate from my funded proposal programs in order further fund my advertising. Its like a self-fulfilling spiral of money you keep generating over and over again and it gets bigger the more you advertise.
I will warn you though, if you create your own funded proposal, it had better be good. It had better be worth more money then you are charging for it.
There are many funded proposal programs out there on the market. These are essentially a small business in a box for you. All you have to do is plug into them and advertise them. They are quick, easy and convert very well. They are already set-up for you. Two of the most widely known ones are: Magnetic Sponsoring and The Renegade Network Marketer.
You can even generate your own network marketing leads through these systems. They are fully set-up with an auto-responder follow-up series, your own landing pages and its own funded proposal programs.
A funded proposal is an essential piece of your overall online network marketing business. It allows you to earn money without anyone even joining you in your business.
Kurt Henninger went from a Fortune 500 Manager to full-time Network Marketer. Get more info about how to effectively use Funded proposals at:
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