If you are in the Home Business industry and you do not have a clear understanding of what a Funded Proposal is, read this short article in detail to see how this one concept will change the way you do business... forever!
Sometimes it's hard to picture what a virtual 'Home Business' might look like so to get a clear understanding of what a funded proposal is, let's pretend that our home business has a store front. Like any business the most important thing is to have potential customers walking in the door to have a look around, so they can make a purchase.
Now currently most home business owners in the Network Marketing industry leave their store to go hunting for customers and potential business partners. This is one of the reasons why prospects are turned off of the idea of joining their business for they were not really interested in the first place. You see, that is a part of what a funded proposal has to offer.
It is a way to offer something of great value, often times for free, just to have the customer walk through the door. Give something away for free?! Yes! The savvy Home Business Owner understands that people are looking for what they have to offer (the opportunity of making an income...etc) but they need a way to connect with these people. So the first challenge is to get the prospect in the door.
What do you do next?
It's not exactly the right time to push the business on your prospect. They might still just be curious and want to learn more about what a Home Business has to offer. And that is where the Funded Proposal comes into play.
By offering a relatively low cost (under $300) low commitment product the prospect is more willing to take the next small step forward. Of course it should relate to what your prospect is looking for like an info product on How to build a Home Business.
This is called a Funded Proposal because it is a way to fund your business on the front end as you attract more prospects into your marketing funnel. The more prospects you can attract, the greater the number of people you can pull from when it comes time to building your primary business.
People are much more comfortable taking small steps (taking a free offer, then purchasing an info product that will help them with what they want) rather than giant leaps (joining a business which is usually high cost and high commitment).
So if you stop chasing people around and position yourself in front of the prospects who are interested in what you have to offer, not only can you make front end cash to fund your marketing efforts (via the Funded Proposal) you will have a pipeline full of qualified prospects when it comes time to building your business.
Make sure to click on the link to the right to see a real live funded proposal. I first want to share with you the 7 top Fatal Mistakes of a Network Marketer. Then I expose the new strategies that I build my business with, where I have qualified prospects entering my marketing funnel.
