Here's a Quick Look at a Funded Proposal Plan

By Mike Jerome


It is usually very difficult to generate money for an undertaking and one of the toughest issues that faces many enterprises is marketing. A lot of folk think that it's really setting up a business that is the most difficult part, but promoting a business is by far the most difficult and challenging factor. In network marketing these complications can basically be overcome by welcoming a funded proposal concept.

The entire idea behind selling in an internet promotion business is to get as many potential clients as practicable whom you then convert into leads and then sales. This is often a long, slow and complex process and naturally the outcome is always moderately unpredictable. What occurs with many businesses is they run into finance problems before these advertising efforts can become money flow.

A number of folks made a decision to one step beyond the common training offers in the MLM business and welcomed the new idea of a funded proposal. In this concept the network marketer gets together as many potential network marketers as they can and takes them through a training program which helps them set up and become future network marketers under their own downline.

The most important difference between this and the traditional technique is that the new network marketeer who is recruited must pay a little fee for their coaching. The recruiter then uses those amassed charges to cover any funding opening that comes by a slow-moving product or during their primary advertising efforts.

By adding this fee you continue to get leverage by coaching other team members who then become great product movers without any of your cash, when you're not particularly sure of the outcome.

This is win-win situation. This way you don't have to rely on the money that your hire may or may not make for you in the future. Instead you can use the money the new hire has paid for training which should satisfy your present needs till you can attract future prospects.

It's this idea that started the entire notion of funded proposals and it has over a period of time demonstrated to be terribly successful because it funds itself as it grows. The trick is not to charge the new hire a huge amount of money for their training, as this can suppress your work and turn potential new sign ups away.

It's essential to offer superb product info and coaching to make this option work in the early stages, and it is also essential that you find the best candidate who will convert the coaching into leads and then sales it's the only way to ramp up your business. Those that can grasp the break that your training offers them will very often grow to becoming excellent marketing experts with good sales stats that sustain your business, and that is the reason why funded proposals are such a great idea.




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