Magnetic Sponsoring in Review
So what is Magnetic Sponsoring? MS is a 59 page book that has transformed the businesses of countless entrepreneurs globally. The concepts revealed in Mike Dillard’s blockbuster release introduce the reader to concepts that revolutionized the network marketing industry. Concepts like Attraction Marketing and Funded Proposal come to life and provide a much needed paradigm shift, allowing people to see a whole new approach to building their business successfully.
In the first few chapters Mike shares some success fundamentals that are required to rise to the top in any field. Yes, some of you have probably heard them before but they are wisely repeated. Don’t panic though; Mike has a talent for keeping his material conversational and entertaining. He also cuts to the chase and refuses to include any needless filler.
In chapter 4 the book dives straight in to the Magnetic Sponsoring system and how this business of network marketing is supposed to be done. I can tell you right now that you don’t need to make long lists of names or call countless cold market leads about an opportunity that they have absolutely no interest in hearing about. The core concept of Magnetic Sponsoring is to learn how to attract the right people to you instead of chasing after them, and have them pay you to do that.
‘Always remember however that in network marketing you will still need to spend the majority of your time interacting with people each day, after all that’s what this business is all about; Meeting people, building relationships and spreading the good word.’
So how do we attract the right people to us? We attract people through proper marketing practices, of course. The key to Magnetic sponsoring is to sell and promote yourself side by side with a generic solution and system (not your business opportunity) that addresses and solves a problem. Essentially Magnetic Sponsoring teaches to build You inc. and by offering generic information alongside you immediately set yourself a part from the rest of the marketers.
‘Most people don’t realize that network marketing is a business of marketing and promotion pursued by people who have no idea how to market or promote’
Another core concept shared in the book is Don’t waste your time trying to sell your business to people who have not already ‘bought’ into Network Marketing. You only want to talk to people who already recognize the power and possibilities our industry can deliver. In other words the right people you are trying to attract are people that are already in an opportunity but aren’t making any money or people who have bought information on network marketing. You want to find network marketing BUYERS not network marketing browsers.
That takes us to the concept of Funded Proposal. Funded proposal is a system that will have people essentially paying you to become a prospect. Let me clarify. We market a low cost, high volume retail product that funds your advertising, erases your expenses, and produces a never ending source of leads for your primary MLM business.
The Magnetic Sponsoring book goes into much better detail but once you understand the true power of a system like this you will never use anything else. In the book Mike explains everything you need to do to build a system like this however he also explains how you can leverage a system that has already been built and has produced incredible success for others. Magnetic Sponsoring is one of the very best reads I have encountered over the past 10 years of participation in this industry. It holds the power to really change the direction of your business.
Simple, Sweet and Effective. To find out how you can use a magnetic sponsoring system for your business visit CFS and take the FREE 10 day Boot Camp:
It may prove to be the wisest investment of time you make all year.
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