Have you ever wondered what funded proposals are and how they are used? There is a lot of talk about them in the MLM and Network Marketing Communities. They are in fact the secret behind many MLM gurus and the way they seem to command respect, admiration and cash up front.
It is necessary to 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 thru 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 quality generic funded proposal systems out there, ready for the newbie to tap into.
Funded Proposals are a way to earn cash up front while you are building residual income with your primary MLM opportunity. This is just the basic definition of it, and one of the many skills needed to become an MLM Heavy Hitter. In order to get an example of how a funded proposal system works please go to the website address below in the resource box. I just wanted to let everyone know that the article the reader is currently reading is available for free reprint.
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