Why Incorporate a Funded Proposal Into Your MLM Business

Thursday, June 3rd, 2010 at 7:29 pm

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So why should you incorporate a funded Proposal into your Network Marketing Business? Let me just tell you my story on how I discovered how the top Network Marketers in various Network Marketing Companies were making six and seven figures a year.

When I joined a Network Marketing Company, I was told to make a list of my friends and family members. I was told to talk to everyone I knew about the business opportunity and try to convince them to join. I spent a lot of time only to get a bunch of no responses along with questions like, “ Is this a Pyramid Scheme?” and comments like “your uncle bob was in one of those pyramid scams and it didn’t work”. I didn’t take me long until I blew through my warm market.

Next, I bought and cold called leads. It was very frustrating since many of the numbers were disconnected. Most of the ones that I got a hold of were not interested or only opted in for a free laptop or vacation. Others made every objection and excuse under the sun. I got comments like the ones that I got from my friends and family members. I was spending more money than I was making.

So I started doing some online research to see how those powerhouse network marketers were making six and seven figures a year. Low and behold, I discovered Mike Dillard’s attraction marketing course Magnetic Sponsoring which taught me about Self Branding, Generating my own leads and making money from those leads even if they never joined your business through a funded proposal. Now that’s how the Heavy Hitters do it.

The way a funded proposal works is you sell an inexpensive, but extremely valuable product on the front end and then back end the real product or service (Your opportunity). This is a great way to make money from your prospect up front before they even look at your primary business. That is a lot easier than laboring on the phone for hours and only making money off 2-5% of them. This can be done on autopilot through an Autoresponder like AWeber.

A funded proposal is supposed to cover your advertising costs while building up that residual check. It is not meant to be a revenue stream in itself, but it can be. I use the money I generate from my funded proposal programs to further fund my advertising.

You can set up your own funded proposal. I have to warn you that if you create your own funded proposal, it had better be good and worth more money than you are charging for it.

If you want to go an easier route, go with this funded proposal that I recommend.
http://SevenFigureLeadPro.com

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