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Network marketing prospecting is much more easily powered when using a funded proposal. A little education in regard to MLM funded proposals – Starting a MLM business takes money. You have heard “it takes money to make money.” Mike Dillard in his course entitled Building on a Budget, suggests that our goal as serious network marketers should be to invest $10,000 per month on advertising. Not from our own money, but from dollars derived from our MLM business opportunity. A great deal of the money that would go into the advertising would come from the MLM funded proposal. The idea of a proposal is relatively a new concept in the world of network marketing. It is essentially a way of putting people through a sales funnel in order to generate up front cash flow that can be used to fund their marketing efforts. Once you have the lead in your funnel, you can began marketing to the customer your MLM opportunity and/or a higher dollar back end product. MLM proposals are relati...

The Killer Secret to MLM Prospecting… is NOT prospecting at all! Huh what? Well, let me ask you something, do the following sound familiar? “ Are you tied to what you are doing or do you keep your options open? “ “ Prospect all your friends and family members because they trust you. “ “ You get two people to join your MLM group who then each get two and they get two and pretty soon you’ll be in the DIAMOND qualification! “ Those lines play like a broken record – the same ol’ stuff over and over again. And what if you don’t know all those snazzy prospecting techniques that are guaranteed to get you MLM prospects? That’s okay because that’s what all those motivational CDs you buy from your upline are for. Your very car becomes a MLM university – you listen to stories after stories about how others have made it big in your network marketing industry. You listen to how the “diamonds” or ...

Contrary to popular belief, business plans do not generate business financing. True, there are many kinds of financing options that require a business plan, but nobody invests in a business plan. Investors need a business plan as a document that communicates ideas and information, but they invest in a company, in a product, and in people. Small business financing myths: Venture capital is a growing opportunity for funding businesses. Actually, venture capital financing is very rare. I’ll explain more later, but assume that only a very few high-growth plans with high-power management teams are venture opportunities. Bank loans are the most likely option for funding a new business. Actually, banks don’t finance business start-ups. I’ll have more on that later, too. Banks aren’t supposed to invest depositors’ money in new businesses. Business plans sell investors. Actually, they don’t well-written and convincing business plan (and pitch) can sell investo...