Thursday, February 26, 2009

Funded Proposal: What Is It And Why You Need It?

Whether you have had a home business for years or are just starting out, there is one thing that is perfectly obvious. If you run out of money your business is over! You will not recover from a negative balance in your business account. Let's face it you started a business to make money, not go broke. But for over 90% of small business owners going broke trying to fund their business is more the reality. It's time to pay attention right now, because this is something you will not hear very much. Ready? 95% of the people you present your opportunity to will not join you. It does not matter what it is. The greatest product, greatest payplan, greatest company, it does not matter. They just won't join.

Business is a numbers game, period! Walmart knows it, Macy's knows it and so does your neighborhood grocery store. Success comes when you start getting the numbers. If 95% of the people will not join you then 5% will or may. So you need to get to the 100 to get 5. Now these numbers may vary depending on your particular skill level. You know or should know what to do with the 5% you start in your business, but what will you do with the other 95%.

That is where a Funded Proposal is so important. A funded proposal is something of value you offer prospects for purchase before you present your opportunity. This does 2 things, 1. puts money in your pocket 2. qualifies the prospect as serious. I use a few different funded proposals, a couple of examples: Infinity Downline and PPC Classroom , both offer 2 things: 1. Training for the person looking to get ahead in their business AND 2. a way to fund their business.

How happy would you be if no-one joined your business this month? Not very happy I bet, but what if 20 people that told you no to your business, said yes to your funded proposal? That would mean that you would have $500.00 coming in even if no-one joined your business. This will allow you to advertise for more people to show your business to. If you did not have this funded proposal you would be in the negative for the month.

The fact remains that most people will not join you, however you must offer something to those people that can be of value to them, because they are trying to make money as well and they have their own business they are promoting. Helping them is the key- if you do nothing but pitch your business over and over again it will fall on deaf ears and you will go broke.

With money coming in month after month- you are able to continue to advertise and promote your business. That is the key- keep the money coming in so you can build your business.

Have a Great Day,
Joseph Demasi

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