The Next Generation in Network Marketing... The funded Proposal

As you may or may not know, I have been involved inexact same thing. They are living in what I call MLM
network marketing and internet marketing for over 15DENIAL… They just can't admit to themselves
years. I have personally sponsored over 400 peoplethat their business is a failure. They keep hoping that at
into various organizations. I say this not to brag but justsome point in the future, that there business will take
to point out that I have been there and done that withoff and they'll make their fortune. Unfortunately with
respect to MLM and internet marketing. I have beenthe high drop out percentage of 95%, that day never
the guy who goes across stage and speaks in frontreally comes. The Funded Proposal. Keep in mind the
of the crowd. I have also been the guy that is totallycharacteristics that we didn't know about those people
broke because I couldn't afford to keep my MLMthat were looking for a business. 1. Are they serious?
business going, because it was costing me more than I2. Do they have the required funds to start? 3. Are the
was making. Maybe you can relate? The traditionalteachable and willing to listen and learn? 4. Do they
model for MLM has never really seemed to work forhave the tools (internet, phone, desk, etc?) 5. Are they
me. 95% of all home based businesses fail. I believewilling to commit? 6. Do they have any experience
that is in part to the fact that most people just do notwith marketing, sales or the internet? If our prospects
have any experience in marketing themselves or theirwere able to answer yes to at least the first 5 of
products. When you add to that the complexities ofthese 6 questions, then we would know that they are
the internet to someone that is already overwhelmedpretty good prospects. A funded proposal helps us
with their new business, it's no wonder that they justfind the qualified prospects by having them go through
throw in the towel. If you haven't figured it out yet, nosome hoops, and purchase some item, before we
matter how great your MLM is, you need a constantapproach them about primary MLM. Here is an
supply of qualified prospects. Just getting a few, whoexample of the steps that they would go through. 1.
get a few, who get a few, is ok... but we already knowThey would read or come across an advertisement
that 95% of them will fail. You are going to have tothat we did on the internet. 2. They sign up for a free
sponsor literally hundreds if not thousands to bereport that we offered that starts to educate them on
successful. One person that I know had to personallyus and internet marketing. 3. They pay between
sponsor over 600 people to reach his goal of 100,000$20-60 to get more intensive training on MLM, internet
per year. He acheived it and is now retired. There aremarketing, and maybe learning some sales skills. 4.
only 3 or 4 other people that I know that haveThey receive additional information and training from
achieved that level of income. Your choices for buildingyou (or your mentor) through autoresponders. 5.
a business are... either approach your warm market, orThrough the quality of the information that they
you can figure out how to find qualified prospects onpurchased from you, and your autoresponders, you
the internet. The warm market approach has workedhave now established yourself in that prospects mind
since the beginning of time. Problem is I just don't knowas an expert, or at least someone that they can trust.
enough people personally to keep ahead of the 95%This is a classic example of a funded proposal. It helps
drop off rate. Finding people that are interested andfigure out that this prospect is a good one, worthy of
qualified for your business on the internet is not asus taking our time to talk with them. The probably do
easy as it seems. To me we should just be able tohave some money because they already spent some.
advertise our website and people will come flockingSeriously broke people have a bad mentality that is
with credit card in hand right? WRONG… As ahard to work with, but temporarily broke people can
matter of fact most people think that it should be thatfind ways to come up with money if they need to.
easy. Anyone that has truly been around in thePeople that have no problem coming up with money in
networking business since the internet will tell you thatexchange for value are the type of people that we
internet marketing is actually pretty sophisticated.are looking for. They are teachable, because they
Believe me when I tell you that I have purchasedwouldn't have ordered the training, if they weren't open
thousands of leads, made 10s of thousand of phoneto learning. They committed already with their wallet.
calls to those leads, and sent 100's of thousands ofNow they have part of the training on the internet that
emails out. The good news is that there are literallythey were missing prior to us meeting them in the first
millions of people every day that are looking for someplace. Now they are actually more prepared to be
sort of home based business opportunity online. Thesuccessful on the internet because they purchased
bad news is that there are literally millions of peopleyour informational product. Now we can approach
every day that are looking for some sort of homethem about whatever opportunity we want. They are
based business opportunity online. Remember ournow ready. The good news is that we made between
statistic of 95%. That means that most of the people$20-$60. By that person coming through our set up
on the internet are failures as well. So we havesystem, we made at least a few bucks, and that
inexperienced failures, teaching new people how to beprospects made themselves more attractive to use,
inexperienced failures… Sort of like the blindbecause they have spent money, stepped up, and
leading the blind. There is a cure for thehave learned information that they are going to need
ignorance… It's called a funded proposal. Let'salong the way!! At this point even if they didn't join our
say that we are looking for prospects for our homeprimary MLM, we have still made a profit on them, and
based network marketing business. In addition to talkingwe now have their information, so maybe at some
to our warm market, we want to learn how to markettime in the future you can work together again..
on the internet as well. In the online world one of thoseRemember the saying... the money is in the list So
millions that are floundering about out there are calledinstead of paying for a lead we know nothing about,
biz op seekers. Part of the problem with a biz-opwe are making money, while producing a high quality
seeker is that we really don't know anything aboutlead for our primary business!! I am aware of two or
them other than they are some random personthree such systems. Interesting thing is that it is sort of
floating around out there that has at one timelike selling picks and shovels to the ole 49 miners. Back
requested information. They probably have little idea ofin 1849 was the great Gold Rush in California. 100's of
what they want or what they are interested in either.thousands of people came out to mine for gold. Of
Again, just kind "out there" floating around in the ethercourse only a few people actually found enough to
of the internet. This is what we don't know about them.claim their fortune. You know who did make a lot of
1. Are they serious? 2. Do they have the requiredmoney back them? The hardware stores selling picks
funds to start? 3. Are the teachable and willing to listenand shovels, and Levi' strauss selling his jeans. We
and learn? 4. Do they have the tools (internet, phone,have a similar opportunity here. The internet is like the
desk, etc?) 5. Are they willing to commit? 6. Do theygold rush... Everyone is trying to make money with it,
have any experience with marketing, sales or thebut the people that provide the tools of the trade are
internet? We could purchase these leads from a listthe ones that just may make it rich... Everyone that
broker. The more information that the list brokerwants to be successful on the internet is going to need
collects for us, the more the list broker will charge usthe tools of the trade. 1. Lead Capture Pages... These
for the lead. Over the years I have purchased and"capture" interested lead information 2.
worked leads that cost anywhere from .10 cents aAutoresponders... These are automatic email follow up
piece all the way to 20.00 a piece. I definitely like thesystems 3. Training… Most people need to
$20.00 leads better than the .10 cent ones. There is alearn A LOT about the internet!! 4. Their own funded
direct correlation between how much you pay for theproposal program. 5. A website, and a domain. By
lead and the quality of the lead most times. Problem isoffering these things to people prior to us approaching
how many times can you spend 20.00 for a lead thatthem about our primary MLM, we can actually prepare
only closes 5-10% of the time? Depending on thethem better for what is coming, profit from the entire
opportunity that you are selling, you may not be able toprospecting system, and produce the best possible
afford that. Purchasing leads from a broker canleads available. Another key element of this process is
actually drive you to being bankrupt. I know peoplethat most of it is automated over the internet. Usually
now that are spending $4 bucks per lead, and whenthe only time you'll get a call is when someone is a
they sign up a new rep, they make $15. Sounds good"hot" prospect and needs your help to enroll, or has a
right? WRONG… The problem is that it takes"buying question" We don't mind those types of calls.
ten $4 leads to produce one $15 sale. So this person isWe usually don't call at anytime until they have at least
actually going in the hole by $25 every time theyfinished the funded proposal portion of our program.
sponsor someone. (Not to mention the hours andFor additional information on funded proposals please
hours of phoning people, voicemail, phone tag andsee our website below. As always, we would love to
unfriendly people answering the phones) Tens ofhear your comments, concerns or questions on
thousands of distributors across the country workinganything that we write.
for hundreds of different companies are doing the