One of the most greater and wealthy network marketing companies is the Prepaid Legal Services. Apart from being an income opportunity, they offer a variety of identity theft and legal-protections service. To make cash you can re-sell those services.
For all that there are some issues and concerns about starting or participating in the Prepaid Legal opportunity. I will supply a review on the goods and cons of this enterprise and see if this opportunity is great or a scam.
Prepaid Legal ? The Positive
Pre-Paid Legal began with the CEO and Co-founder, Harland C. Stonecipher. In 1969 he was involved in a vehicle accident that left him with legal bills. After doing some research on the industry of European legal expense plans, he then created the Pre-paid Legal?s predecessor in August 1972. It started of as the Sportsman?s Motor Club which was offering legal expense and reimbursement service as a motor service club. In 1983, Pre-paid Legal starting selling plans through network marketing. In 1984, the company went public on the NASDAQ National Market System and two years later moved to the American Stock Exchange.
Today, the company has over 1.5 million members and is one of the largest network marketing companies around.The companies legal plans are being sold by independent associates and can be purchased either by an one-on-one basis or in a group setting as the plans may be provided as an employee benefit. These services provide preventive legal services, which include telephone consultation on unlimited personal legal issues, document and contract review, and will preparation.
The best thing the company offers is a peace of mind. Knowing you are protected in any way or form. It protects your identity from getting stolen or misused. This provides a secured state of mind.
Prepaid Legal ? The Negative
Prepaid Legal is a network marketing company, which means that distributors can build a pipeline and earn income off their distribution and hard work.
Prepaid Legal is one of the oldest and most established network marketing companies. Being over 50 years old, the company uses the old fashion way of marketing techniques that worked better 50 years ago. They encourage people to use their ?warm market?, to grow your business. This means calling leads.
Prepaid Legal also teaches their distributors to use the ?3 foot rule?. This is when anyone 3 feet around you, you are suppose to talk to them about the services and opportunity. This type of marketing will not work now a days because it will put you as a desperate salesman or woman who is looking for quick cash.
Prepaid Legal ? The Ugly
The fact is, someone could absolutely make tons of money marketing legal service products ? if they know how to market effectively. Trying to build a six-figure income on the backs of friends, family, and work associates is more than just a tough sell ? it can be downright frustrating, not to mention ineffective. Trying to sell and convince people on the legitimacy of your product and opportunity is much less fun and much less lucrative than talking to people that have already expressed a direct interest in what you offer.
Prepaid Legal business is lucrative if you know how to market effectively. It is not a scam, but like any business, success will be determined by the skill-set of the marketer. Prepaid Legal is definitely not a lottery ticket or a stock option ? meaning, you do not just buy in and wait for a payout.
If you are looking to market effectively, then I would suggest either learn how to be an effective marketer, or else just use the products and leave it at that. There is a proven system that will lead you to success. Follow the Prepaid Legal Blue Printe Print that many top earners are using.
Source: http://accessarticle.net/pre-paid-legal-review/
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