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.

As more people look to join network marketing companies in hopes to build a thriving home based business, there seems to be a quite yet powerful shift happening. For people who notice the power of using technologies in their business, they truly have an overwhelming advantage to their colleague who is 'in the dark' for the market that they can communicate with vastly differs in size.
When I started to build my network marketing business full time I realized that in order for me to grow my pipeline (the people who I have approached about the products or opportunity) it was slow and painful. Not only was it painful to find ways to meet qualified people, it was also not easily duplicated by my team. Not everyone has the time or inclination to attend new events or business networking groups to meet new people. So I was forced to search out new ways to build my business and was introduced to the idea to leverage technologies.

You see, building a home based business using traditional methods of meeting someone new, inviting them to a business opportunity meeting, presenting to them and following up with them has worked and will continue to. But the average person will quickly run out of people to approach. When leveraging technologies you can not only stream line different components of your business, such as recruiting and training but you can also reach more people than ever before.

Let’s have a look at those two strategies mentioned to leverage technologies.

1) Automate processes. If you have systems in place to put people through for training, you as the leader will not have to spend countless number of hours training people how to do mundane activities such as checking their volumes in their business. A tip to leverage technologies in this situation would be to make a video recording showing your new distributor how to do these tasks. This will save you a countless number of hours.

2) Reach more people. If you build a presence online you now can market to any country you wish to in the world. This can be integrated with what you are already doing to build your business, or you can make it your main focus. An example of this is to create profiles on different social networking sites and get connected with people. This is just one way you can build relationships with more people ever thought imaginable using traditional methods.

As people leverage technologies they expose themselves to a whole new world of opportunities.

Taigh Is An Expert Network Marketer Building His Business Using What He Calls The Integrated MLM Strategy. "Wanna Learn The Secret On How You Can EXPLODE Your Business By Leveraging The Power Of Technology And Reaching The Millions Of People on The Internet?" Free Report Explains All: http://www.IntegratedMLMStrategy.com

One of the key to success in this Network Marketing industry is to have a constant flow of new prospects looking at your opportunity. Not comfortable with that word ‘prospects’ yet? Well, get comfortable with it for whether you use the word prospect or ‘potential business partner’, they’re both the same people.
So here is the challenge that all of us in the MLM industry are faced with. Our warm market (the people who know, trust and like us) is finite number whether it be 4 or 100. And once we have approached those people... where do we go from there?!

Well, then we are taught how to approach people in our cold market (people we don’t know or have just met).

Now I don’t know about you, but I have NEVER felt comfortable going to new events with the purpose of meeting people to prospect them.

You see, we DO NOT sign up anyone in our business who is in our cold market.

Period. Meaning, if you are working with someone who you feel would be a good fit for your business and they are in your cold market... well, a part of your job is to turn them into a warm market prospect.

So there you have it. Within these few words is the key to building yourself a huge MLM business.

Now sit back and imagine how many people are out there on the internet, right now, that you could build a relationship with. It’s amazing when you start to think about the opportunity. The fact is people are using the internet to do research and CONNECT with people.

The Integrated MLM Strategy is focused on how to build a relationship, or better yet how to attract people who are online looking for a business opportunity.

No it doesn’t mean you have to stop everything else you are doing to build your business. But you should have the options so you don’t have to look at your dwindling list of potential people and feel that they are the key to your success. So what I would suggest is for you to get informed on how you can build your business online.

Log onto my site and find out how I have been able to go Full time in my MLM business by utilizing these simple, yet effective strategies.

To you and never having to bother another friend,

Taigh G. Smyth

The Integrated MLM Strategy has a new approach. It comes from a place of abundance and with an understanding that home based businesses are not for everyone, but there are certainly enough people out there who are interested in getting started. We can gain a better understanding of what the Integrated MLM Strategy is about by contrasting it to the traditional methods that Network Marketers have accepted as the business practice.

So imagine if you own a pizza store and one night you decided that you needed to sell more pizzas. So what you did was pick up the phone and call all of your friends and family to see if they would like to buy a pizza for dinner. What would you think of this strategy? Do you think your friends and family would feel pressured to support you and at the same time annoyed that you called? So why do we do this in Network Marketing? Here's the fundamental difference between traditional methods and the Integrated MLM Strategy.

When one is building their business using the Integrated MLM Strategy they are positioning themselves as the expert and understand how to market to people who are looking for what they have. This offering usually encompasses two things; the benefits through the use of the products, and the opportunity of building a home based business. So understanding how to market to people who are looking for what you have to offer is the fundamental difference. Instead of calling and chasing people to see if they would like to join your business. Position yourself in a way that will have qualified prospects contacting you.

An important component of the Integrated MLM Strategy is to use (or to integrate) the power of technology to automate processes. From obtaining new business partners, retaining existing customers, and training new distributors, integrating technologies into your business strategy is a must.

I think it's fair to say that the majority of people struggle building their network marketing business. Why are they struggling?

- Because they have hit the bottom of their names list

- They do not want to stand up in front of a group to present

- They have tried everything that they were told

- They are Sick of Chasing prospects to listen to their opportunity

- They do not have a lot of money to waste on a business that is not profiting

- They are being told to work on their belief as if it has become their new religion.

- They do not know what to do next and how to do it

Does any of this relate to you? I have been through each of these scenarios and I had enough. In my gut, I knew that there HAD TO BE a better way.

So I started my research. As I began my journey to figuring out new strategies on how to build my business, I realized I had made 7 Fatal Mistakes, and I believe most Network Marketers do.

Fatal Mistake #1: Having an Employee Mindset

The first being the mindset I had while I started my business. I had to come to terms with the fact that my best thinking, had gotten me to where I was. So if I was not exposed to new materials or new trainings, it was going to be very hard to grow my business to the level I wanted to see it at.

Fatal Mistake #2: Thinking that Everyone is Your Prospect

This lead to great frustration as I would approach people with the intentions of helping them... only to get rejected. A big part of my learning was understanding that not everyone is interested in what I have to offer. My job was to find way to attract QUALIFIED PEOPLE into my business.

I think there is a good reason why we believe everyone should be our prospect... and that leads us to the 3rd fatal mistake.

Fatal Mistakes #3: Not getting the Proper Training

And what I mean by that is understanding how to build this business by developing skills in areas such as MARKETING. If we knew how to properly market our business to our target audience; we would not waste our time in coffee shops with unqualified people, or we would not have to feel like we are chasing people to join our business.

Fatal Mistakes #4: Believing the Traditional Methods are the Best Way to Build

Even though the success rate in the industry is extremely low, I continued to strictly follow all of the traditional face-to-face methods.

So what I then decided to do was purchase leads.

Fatal Mistake #5: Buying Leads

If you have tried doing this yourself, you know how much frustration comes along with purchasing and calling up leads. I hated being spoken to as though I was a telemarketer. There is even a more fundamental reason why this is a fatal mistake but I will save those details for you to read through in the report.

As I went full time in my business, I was surprised to be faced with the next mistake, and that is;

Fatal Mistake #6: Believing that this Business Offers Multiple Streams of Income

It DOES NOT. If you are like me and want to build a network marketing business full time; consider this a heads up! It does not offer multiple streams of income! I use to present to groups of people talking about how they can add a stream of income but if you do not have another job or income stream, that will be it! So in the report I introduce to you how you can build multiple streams of income as you build your primary business.

Fatal Mistake #7: Thinking You Cannot Build Online

As I was trying to figure out new ways to build my business, I had a feeling that there was a big opportunity waiting for me if I could just figure out how to build my business online. At first I was told that it could not be done but I realized that I was asking the wrong people.

I figured out a way to integrate traditional methods with online strategies.

This has been a quick introduction but make sure to click on the link below to get all the details and learn how I am now building my traditional Network Marketing Business integrating online strategies.

If you know in your GUT that there must be a better way to build a network marketing business, I am willing to bet that this is going to be the most important report you have ever read.

http://www.IntegratedMLMStrategy.com

So where do you start to build your business integrating new online strategies? Well, you will first need a 'Home Base' for your business. This can be one of two things; your main website or a blog. What's easier to get up and running? Definitely a blog. If you head over to WordPress.com you can get started with your own Free blog and there you have it - you now have a place to talk with everyone else on the internet!

You might be wondering, "Well that is nice, but what will I write?". And I had the same questions at at the beginning. But first it's important to understand who you are targeting on the internet (just like everything else you would do in the 'offline' world). Then as you build your online strategy you tailor all of your communications to that group.

The easiest thing to do is to provide answers to what your target market is going to be searching for on the internet. That is whats going to separate you from the competition as you build your online strategy. As you provide good valuable content to your visitors, they will see your opinion as valuable, and will see you as the expert.

The next step is to build a relationship with your visitors. This can be done through an auto-responder such as [http://ims.aweber.com]Aweber. This is a fantastic tool and as you head over to that site, you will see the possibilities with this kind of tool.

Now that you have built a relationship you have a key element to doing business in ANY field - TRUST.

Present your offer to your loyal followers only if you truly feel it is going to benefit them. As you say 'Buy this, I think it will help', watch the sales flow in.

Trust is the secret sauce to building your business with online strategies. So to re-cap:

- Connect,

- Build a relationship (Trust)

- Offer something of real VALUE

If you are looking to build a successful Home Business, check out the link below as I share with you some of the Fatal Mistakes I have made as I went full time in my business. Here's a hint, back then I did not have a clue about building with an online strategy.

By [http://ezinearticles.com/?expert=Taigh_G._Smyth]Taigh G. Smyth

Article Source: http://EzineArticles.com/?expert=Taigh_G._Smyth http://EzineArticles.com/?Online-Strategy-Exposed---The-Secret-Strategy-That-So-Many-People-Miss&id=2423004