You've seen the ads for Magnetic Sponsoring everywhere, but you don't quite know what to make of it. I personally saw the ads forever, but I was very stubborn about getting it because at the time, I was using other similar programs. I finally did get it and now realized that nobody has really written down a decent review for this program, so I am writing one now.

What exactly is Magnetic Sponsoring?

Magnetic Sponsoring is a funded proposal program to generate MLM leads.

Ok, so what is a funded proposal?

The big reason that many people fail in MLM is they never make enough in sales to cover their advertising. The funded proposal is a system where the distributor sells an inexpensive front end product to generate enough in sales to keep the adverting going and build a downline.

So, what does Magnetic Sponsoring consist of?

There are several parts to the Magnetic Sponsoring System. The first step is the free Bootcamp email course. If you like what you see, then you get the full Magnetic Sponsoring System, which consists of a manual, several other bonus training materials (just the bonuses are worth a lot) and a website to promote Magnetic Sponsoring.

Where is the funded part come in?

If your lead buys the Magnetic Sponsoring book, then you get a commission which can then offset your advertising expenses. Additionally, there are offers for higher end products which can lead to even more commissions.

How does Magnetic Sponsoring differ from Mentoring For Free?

Mentoring For Free, founded by Michael Dlouhy is a great program, but quite different from Magnetic Sponsoring. It focuses more on getting your mindset correct as opposed to marketing. While Michael is strict not to mention specific companies on the calls, some have accused him of skewing it towards his opportunity. For example, in the compensation plan call, he discusses which compensation plan is the best. Of course, the one he recommends just coincidentally happens to be the one that his company is. So, if you are in a company that is not on that plan, there could be issues. Also, to really use Mentoring For Free, there is a $20 a month charge and no way to make back money from your leads until they sign up. Magnetic Sponsoring, on the other hand is a one time free of $37 with a referral program.

How does Magnetic Sponsoring differ from Daegan Smith's Internet MLM Success System?

Daegan is a great guy and a friend of mine. The courses cover a very similar subject: how to sponsor in the internet age. The first difference is price. Daegan's ebook is $97 and Magnetic Sponsoring is only $37. He does not have a generic lead capture system for you to use for your company. Also, Daegan does have a referral program but because Daegan is active in the industry, the emails that he sends out contain links to join up under him. I personally wouldn't want that kind of leakage. Additionally, Magnetic Sponsoring covers many topics that he does not, like writing headlines that sell.

In conclusion, if you want to use funded proposals to build your network marketing business, Magnetic Sponsoring is a great way to go.