It is usually very hard to pull in money for a venture and one of the biggest challenges that faces many enterprises is marketing. A lot of folks think that it’s really setting up an enterprise that is the hardest part, but promoting a business is obviously the most complex and challenging factor. In internet promotion these complications can really be overwhelmed by welcoming a funded proposal concept.
The entire idea behind promoting in a network marketing business is to get as many possible prospects as possible , whom you then convert into leads and then sales. This can be a long, slow and difficult process and naturally the end result is always moderately unpredictable. What happens with most companies is they run into money difficulties before these advertising efforts can be converted into money flow.
Several folks decided to one step beyond the usual training offers in the MLM business and embraced the new notion of a funded proposal. In this idea the network marketer gets together as many potential social marketers as they can and takes them through a training routine which helps them set up and become future network marketers under their own downline.
The most important difference between this and the traditional method is that the new network marketer who is recruited must pay a tiny fee for their coaching. The recruiter then uses those amassed fees to cover any funding gap that comes by a slow-moving product or during their primary advertising efforts.
By adding this fee you continue to get leverage by training other team members who then become great product movers without using any of your cash, when you are not particularly sure of the result.
This is everybody wins situation. This way you don’t have to rely on the money that your induct might or might not make for you in the future. Instead you can use the money the new induct has paid for training which should satisfy your present needs until you can attract future prospects.
It’s this idea that started the entire idea of funded proposals and it has over time proved to be very successful because it funds itself as it grows. The trick is not to charge the new hire too much money for their coaching, as this may suppress your work and turn potential new sign ups away.
It’s essential to offer superb product information and training to make this option work during the early stages, and it is also essential that you find the right candidate who will convert the training into leads and then sales it’s the only possible way to ramp up your business. The ones that can grasp the opportunity that your coaching offers them will fairly often grow to becoming very good marketing experts with good sales stats that sustain your business, and that is the reason why funded proposals are such a good idea.
Discover the amazing power of a funded proposal and how it can help you grow. You can see how being “all in” with the Empower Network can increase your business exposure, growth and cash flow! Learn how being ALL IN can radically alter your life and your finances in an absolutely positive way. Don’t Miss It!