First off, let’s define what a funded proposal is and why it is an essential concept for any business and especially for network marketers . . .and even more especially, for new network marketers.

In a nutshell, an MLM funded proposal is a system that allows you to earn cash upfront so that you can build your network marketing business. Most of you have heard the sad but true statistic, right? . . .About 97% of network marketers fail within the first 3 years of joining the business for the following reasons. . .
1) they don’t have enough money to put into the business to keep it going so they end up leaving it by the wayside. . .and
2) they don’t have enough prospects to share the business opportunity with.

AND, not coincidently, about 97% of the people you contact to join you in your  MLM business will say “No thanks”. That’s the truth.

But instead of letting this statistic intimidate you or trying to figure out how you can change it, what you need to do is accept that it is a fact – you are dealing with a 3% positive response and need to organize yourself appropriately. Not everyone is interested in what you have to offer – in fact, hardly anyone is! But that’s ok – because you can still turn the “no’s” into cash if you are using the right funded proposal.

For the record, I just love this concept and wish I had thought of it myself – it’s brilliant! Here’s how the MLM funded proposal works:

You offer something to your target audience (your potential downline) that they want. . . like a marketing system that can earn them money on auto-pilot. Remember, what is your target audience looking for? I’ll give you a hint.

They are NOT looking for some kind of product or service they can buy (or buy into), no matter how wonderful it may seem to you.

They ARE looking for additional income, a way to get out of a tiresome, low-paying job (or jobs), a means to insure retirement for themselves and a future for their kids, the flexibility to be able to work from home or whenever and wherever they want. . .the chance to spend more time with their families, etc.

So you offer them a money-making funded proposal system that will allow them to achieve their goals and dreams. There are many well planned out marketing systems available for you to offer to your audience – and they are all relatively inexpensive which is just one reason that people will choose a marketing system before they will choose to join your network marketing opportunity. They pay a low price for the chance to make a greater income.

You want to choose a funded proposal marketing program that allows you the flexibility to brand yourself and not just the system. If possible, you want one that actually trains you on how to brand yourself as it is doing the marketing for you. And by all means, choose a system that lets you keep the leads that the system generates for you.

The MLM funded proposal guarantees that you will not run out of advertising money before you really get going (obstacle number 1). Your funded proposal program should  be on auto-pilot. It should provide much needed cash in order to pay for your advertising.

The funded proposal 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 program to further fund my advertising. The more I use it, the greater my advertising budget becomes and the more leads I generate. . .quality leads that are interested in ways to make money, such as network marketing.

There are many funded proposal programs out there on the market. They are essentially small ready-made businesses for you and for the people you are offering them to. All you have to do is plug into the system you choose, which should be quick and easy, and promote it or let the system itself promote it. The system is already set-up for you – completely duplicatable. . .the key to success in network marketing. You earn commissions as the program sells and the people who are buying the system turn into very qualified leads for your business.

The most profitable funded proposal that I’ve used is the StreamLine Funnel System , and it also happens to be the easiest.

This funded proposal is fully set up with an  auto-responder follow-up series and my own landing pages which promote it. The advertising is done for me within the program itself but I can also choose to promote it with the various methods that I’ve learned throughout the training offered by the same system. Just extra ways to get extra leads. And the “brand yourself” training is so important! As you build your lead list, your income and your business, you also want to build your image. . .not just the image of some system. So, that’s what I really love about the StreamLine Funnel System – that I’m earning as I’m learning how to brand myself.

Now, will everyone who joins the system join my business? Certainly not, although the conversion rates for this particular system are much higher than others I’ve tried. But I am still earning commissions off the ones who don’t join my business. Money which I can pore back into the advertising part of the system or into my own marketing efforts.

As a newcomer to network marketing, the funded proposal has served as an essential piece of my online network marketing business, allowing me to earn money even when not everyone is joining me in my business. Isn’t that cool???