The Prepaid Legal Business Opportunity: Get The Facts On This Mlm

The Prepaid Legal Business Opportunity: Get The Facts On This Mlm

Over the past forty years, Prepaid Legal Services has become one of the largest and most successful network marketing companies in the MLM industry. In this review I will cover the pros and cons of the Prepaid Legal business opportunity.

Their headquarters is just southeast of Ada, Oklahoma. Pre-Paid Legal Services began in 1969 when their CEO and founder,Harland C. Stonecipher, was involved in an automobile accident which left him with legal bills and they started selling plans through means of network marketing in 1983. Pre-Paid Legal went public on the NASDAQ National Market System in 1984, two years later moved to the American Stock Exchange and in 1999 moved to the New York Stock Exchange.

They offer a variety of identity theft and legal-protection services, as well as having a business opportunity available for those looking for supplemental income by becoming an associate to re-sell their services and bring on other associates. These plans provide preventive legal services, which include telephone consultation on unlimited personal legal issues, document and contract review, and will preparation. With over 1.5 million members, they are one of the biggest, most successful network marketing companies in existence today.

Their memberships are purchased at a relatively cheap price of per month or less, it only costs or to become an associate depending on what level someone wants to come in at and this is relatively cheap compared to starting a business opportunity to other MLM companies. Members can pick up the phone anytime and call experienced, top of the line attorneys anytime. One of the best things that Prepaid Legal offers is peace of mind. Knowing that you are legally represented and that you are in no danger of having your identity stolen or misused.

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So how do you get paid with the Prepaid Legal business opportunity? This is one of the most powerful compensation plans in the network marketing industry. You get paid daily when you personally acquire customers to buy their services. You also get paid when you recruit people and get them to become a prepaid legal associate. You are paid a year in advance and this is how associates are able to make thousands of dollars and reach the Director status in the system within theirfirst few months.

Prepaid Legal still encourages their associates to use marketing strategies that were more the only way to build a MLM opportunity before the internet was a factor. They will have you start with your “warm market”, i.e. friends, family, co-workers, to grow your business. They also teache their distributors to use the “3 foot rule”. This is where you are supposed to talk to anyone 3 feet of you about the Prepaid Legal services and opportunity. These techniques still work for certain types of people but not for everyone and this is why so many people in the industry struggle to get the results that they are truly looking for.

The fact is, you can absolutely make TONS of money with Prepaid Legal if you know how to market effectively. Trying to build a six-figure income on your warm market and strangers is more than just a tough sell – it can be downright frustrating, not to mention extremely ineffective. Chasing people trying to sell and “convince” them on the legitimacy of your product and business opportunity is much less fun and lucrative than talking to people that have already expressed a direct interest in what you have to offer.

You would just need to refine your marketing skills. What if I told you that there is a way you can market yourself and generate endless, free leads every day in a way that people will be seeking you out with their credit card in hand ready to join you in your prepaid legal business? It absolutely does work if you know how to leverage the internet. With the right training you can get in front of millions of people every day that are already looking for what you have to offer.

In closing, I would say that starting and developing a Prepaid Legal home business will be very lucrative if you know how to market effectively but like any business, success will be determined by the skill-set of you as a marketer.

It is very important when you decide to join Prepaid Legal and start your business opportunity with them that you get involved with the right team.  This opportunity will allow you to create strong residual income, however – you still need a step by step system, training, and team support to show you how you can market your business online and become a very successful professional in this industry.

This system will show you how you can create unlimited leads, sponsor 20-50 reps into your downline per month, and create 14 additional streams of income that other teams in the company do not have access to.

 

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