Saturday, January 19, 2008

Fronted Proposals Can Save Your Network Marketing Business!

Funded proposals are a way of generating income while you build your business. This enables you to grow your business to the point of duplication and building the long term residual income. A funded proposal makes you immune to failure from the 2 main causes: running out of money and running out of leads.

You can do anything from affiliate programs, blogging with adsense, and/or selling informational products (yours or others). This is a one time sale, people are more likely to make a one time purchase than buy a business. This helps you to generate quick income that you can invest it back into your business. This gives you the time to learn how to effectively grow your business, thus enabling you to start enjoying some residual income.

You need to create an audience that is interested in what you have to say. Make an informational product, and sell it. Do follow up emails. Give them something that they need and want. Use it to create a following. This is what you use to get people wanting to join you.

Remember that whatever you do, you need to be consistent, don't do it only a few times and "see what happens". Keep on doing it and let the momentum build. You also need to keep track of what you are doing and the results (#of conversions) you receive. This will help you to learn what is working and what needs to be tweaked.

I have to get going, its storming outside and its time to put the boys to bed. So start thinking about what you have to offer and how you can use it to fund your business.