"You gain strength, and courage, and confidence by each experience in which we really stop to look fear in the face. You must do that which we think we cannot."
Eleanor Roosevelt
1884-1962, Social Activist and First Lady of the United States
Thursday, March 4, 2010
Monday, March 1, 2010
Primerica MLM Business Reviewed
Primerica MLM Business Reviewed
March 1, 2010 | By admin In Uncategorized |
Primerica Financial Services is a financial services company that is structured through the MLM business model. Representatives can earn either by selling various financial products and services like life insurance, mutual funds, variable annuities, segregated funds, loans, long-term care insurance and pre-paid legal services or by actively recruiting more representatives to do the same and get a commissions from their sales. Using an MLM business model to sell financial services might draw some criticism, but so far, it has paid off well for Primerica. But if you’re reading this article, then I suspect the bigger question is whether it will pay off well for you too.
The Company
Primerica, whose headquarters are located in Duluth, Georgia, is a subsidiary of Citigroup, which by itself, should ease concerns about whether this particular MLM is a legitimate business. Citigroup simply has too much at stake to risk involvement with a dodgy subsidiary to tarnish it’s name. Primerica has gotten a lot of criticism for aggressively recruiting just about anybody to become a representative (a hazard of using an MLM business format), but the products and services sold under the Primerica name are, by all indications, legitimate.
The Compensation Plan
For this review, let’s focus on Primerica’s best-known product, term life insurance, which is sold under the Primerica Life Insurance Company. This is probably why a large number of agents enter Primerica Financial Services to begin with.
Entering Primerica costs $199, which is reimbursable upon passing a licensing exam. The commission on a sale of term life insurance is 25%. The representative who closes that sale gets the bulk of the commission but has to split the rest among people in their upline.
As with any business structured around multilevel marketing, you are paid commissions based on your sales level. Selling term life insurance policies on your own is a hit or miss proposition. So to improve your chances of getting significant income from Primerica on a regular basis, the smart representative turns to recruiting new reps so he or she can receive an override from their sales. The more people you recruit (who actually close on sales,) the less actual personal selling you have to do to receive a greater income.
The Verdict
Primerica gets a nod for being a legitimate MLM business. But like any other MLM business opportunity, success comes only to those who have the proper set of skills to keep their business growing until residual income kicks in. Primerica’s idea of recruiting the average Joe into their sales force is great in theory, but one occasionally runs into problems when recruitment standards are thrown out the window completely. Still, it seems to be working out well enough for both Primerica and those dedicated representatives willing to put in the time and work involved.
If you’re considering a Primerica business opportunity, take a close look at your “warm market” of family and friends (who will probably be your first prospective recruits). Then ask yourself honestly if they’d be willing and able to actively sell term life insurance. Even with the proper training, some people are just not inclined to get into that kind of thing.
In short, you need to ask yourself if you could replicate the success of people higher up in the company. That’s a question only you can honestly answer. If you have any doubts about being able to sustain the level of recruitment needed to keep this particular MLM business opportunity growing, then keep your options open. There are thousands of business opportunities that might be a better fit for you.
But if you’re really serious about getting into Primerica and if you’re really looking to expand your marketing efforts from a different angle, definitely take a look at the largest marketplace on the planet, the Internet. If you can figure out how to market to the 1.6 billion people on the web each and every day, you more than likely will skyrocket to the top of the leader boards of Primerica or any other MLM business you get involved with for that matter.
Source: Google Alert - http://www.google.com/url?sa=X&q=http://downlinesecret.net/37575/primerica-mlm-business-reviewed/&ct=ga&cd=S8HVv9NfZeg&usg=AFQjCNEpTsfXaU45jZBZxorf1aeYAt_JrA
March 1, 2010 | By admin In Uncategorized |
Primerica Financial Services is a financial services company that is structured through the MLM business model. Representatives can earn either by selling various financial products and services like life insurance, mutual funds, variable annuities, segregated funds, loans, long-term care insurance and pre-paid legal services or by actively recruiting more representatives to do the same and get a commissions from their sales. Using an MLM business model to sell financial services might draw some criticism, but so far, it has paid off well for Primerica. But if you’re reading this article, then I suspect the bigger question is whether it will pay off well for you too.
The Company
Primerica, whose headquarters are located in Duluth, Georgia, is a subsidiary of Citigroup, which by itself, should ease concerns about whether this particular MLM is a legitimate business. Citigroup simply has too much at stake to risk involvement with a dodgy subsidiary to tarnish it’s name. Primerica has gotten a lot of criticism for aggressively recruiting just about anybody to become a representative (a hazard of using an MLM business format), but the products and services sold under the Primerica name are, by all indications, legitimate.
The Compensation Plan
For this review, let’s focus on Primerica’s best-known product, term life insurance, which is sold under the Primerica Life Insurance Company. This is probably why a large number of agents enter Primerica Financial Services to begin with.
Entering Primerica costs $199, which is reimbursable upon passing a licensing exam. The commission on a sale of term life insurance is 25%. The representative who closes that sale gets the bulk of the commission but has to split the rest among people in their upline.
As with any business structured around multilevel marketing, you are paid commissions based on your sales level. Selling term life insurance policies on your own is a hit or miss proposition. So to improve your chances of getting significant income from Primerica on a regular basis, the smart representative turns to recruiting new reps so he or she can receive an override from their sales. The more people you recruit (who actually close on sales,) the less actual personal selling you have to do to receive a greater income.
The Verdict
Primerica gets a nod for being a legitimate MLM business. But like any other MLM business opportunity, success comes only to those who have the proper set of skills to keep their business growing until residual income kicks in. Primerica’s idea of recruiting the average Joe into their sales force is great in theory, but one occasionally runs into problems when recruitment standards are thrown out the window completely. Still, it seems to be working out well enough for both Primerica and those dedicated representatives willing to put in the time and work involved.
If you’re considering a Primerica business opportunity, take a close look at your “warm market” of family and friends (who will probably be your first prospective recruits). Then ask yourself honestly if they’d be willing and able to actively sell term life insurance. Even with the proper training, some people are just not inclined to get into that kind of thing.
In short, you need to ask yourself if you could replicate the success of people higher up in the company. That’s a question only you can honestly answer. If you have any doubts about being able to sustain the level of recruitment needed to keep this particular MLM business opportunity growing, then keep your options open. There are thousands of business opportunities that might be a better fit for you.
But if you’re really serious about getting into Primerica and if you’re really looking to expand your marketing efforts from a different angle, definitely take a look at the largest marketplace on the planet, the Internet. If you can figure out how to market to the 1.6 billion people on the web each and every day, you more than likely will skyrocket to the top of the leader boards of Primerica or any other MLM business you get involved with for that matter.
Source: Google Alert - http://www.google.com/url?sa=X&q=http://downlinesecret.net/37575/primerica-mlm-business-reviewed/&ct=ga&cd=S8HVv9NfZeg&usg=AFQjCNEpTsfXaU45jZBZxorf1aeYAt_JrA
Thursday, February 25, 2010
What would it feel like to be debt free? Blog
If you're down and discouraged - you're not the only one. When you think you've got it worse than all think again - there is always someone somewhere that has it worse.
What are you to do? Pray for those that or worse off, even destitute of daily food clothing and shelter. Give without fear. Those that give shall receive many-fold.
Getting debt free is easier that you think. There are many steps to getting free of debt, yet the hardest one is the first step. The steps are very simple:
1. Pay yourself first (save 10% from what you earn)
2. Pay 20% toward debt - if it doesn't cover the bills make arrangement with your creditors, most will agree to get something committed on paper rather then nothing.
3. Live on the rest (70%)
Do this for a year, then you will want to repeat it. Grow an emergency fund - 6 to 8 months living minimum.
Need help? Someone to guide you, something interactive where you're in control?
DebtWatchers Empowers you to achieve debt freedom http://bit.ly/5Ow81b
We offer free financial needs analysis (FNA) - to get you debt free and financially independent http://bit.ly/6QB0nW
What are you to do? Pray for those that or worse off, even destitute of daily food clothing and shelter. Give without fear. Those that give shall receive many-fold.
Getting debt free is easier that you think. There are many steps to getting free of debt, yet the hardest one is the first step. The steps are very simple:
1. Pay yourself first (save 10% from what you earn)
2. Pay 20% toward debt - if it doesn't cover the bills make arrangement with your creditors, most will agree to get something committed on paper rather then nothing.
3. Live on the rest (70%)
Do this for a year, then you will want to repeat it. Grow an emergency fund - 6 to 8 months living minimum.
Need help? Someone to guide you, something interactive where you're in control?
DebtWatchers Empowers you to achieve debt freedom http://bit.ly/5Ow81b
We offer free financial needs analysis (FNA) - to get you debt free and financially independent http://bit.ly/6QB0nW
Wednesday, February 24, 2010
Always end on a positive comment
Dear Insight Subscriber,
"Find something positive to think about and don't let the conversation in your head end with a negative comment. Always end on a positive comment."
Dr. Tomi Bryan and Dr. Jerry White
From their latest release, The 5 Keys To The Great Life
"Find something positive to think about and don't let the conversation in your head end with a negative comment. Always end on a positive comment."
Dr. Tomi Bryan and Dr. Jerry White
From their latest release, The 5 Keys To The Great Life
Monday, February 22, 2010
Insight of the day Mon. Feb.22, 2010
"We will receive not what we idly wish for but what we justly earn. Our rewards will always be in exact proportion to our service."
Earl Nightingale
1921-1989, Author of The Strangest Secret
Earl Nightingale
1921-1989, Author of The Strangest Secret
My lifetime goal
I will attain anything in life by helping others to get what they want in their lives.
I will achieve my goal to make life on earth a better experience for all.
I will seek the best devices and methods available to render service to all. “And as ye would that men should do to you, do ye also unto them likewise.” Luke 6:31
I will prosper, both spiritually and materially, because of firm faith in God’s promise that whatsoever I set my hand to do, with his help, I will do it with might. “Whatsoever thy hand findeth to do, do it with thy might; for there is no work, nor device, nor knowledge, nor wisdom, in the grave, whither thou goest.” Ecclesiastes 9:10
I will prosper by quality of service and product to clients, thereby gaining respect and good relationships. I will multiply my prosperity because of duplication, creating Multiple Sources of Income.
I will set a good example in lifestyle and character which people will admire and be attracted to and will apply the same principles in their walk of life.
I will practice that which I hope to do in heaven, which is to love others and live in peace with all human beings.
I will achieve my goal to make life on earth a better experience for all.
I will seek the best devices and methods available to render service to all. “And as ye would that men should do to you, do ye also unto them likewise.” Luke 6:31
I will prosper, both spiritually and materially, because of firm faith in God’s promise that whatsoever I set my hand to do, with his help, I will do it with might. “Whatsoever thy hand findeth to do, do it with thy might; for there is no work, nor device, nor knowledge, nor wisdom, in the grave, whither thou goest.” Ecclesiastes 9:10
I will prosper by quality of service and product to clients, thereby gaining respect and good relationships. I will multiply my prosperity because of duplication, creating Multiple Sources of Income.
I will set a good example in lifestyle and character which people will admire and be attracted to and will apply the same principles in their walk of life.
I will practice that which I hope to do in heaven, which is to love others and live in peace with all human beings.
Sunday, February 21, 2010
YOU CAN'T TAKE IT WITH YOU - article reposted and edited by Author Paul Bilek
Author Paul Bilek
YOU CAN'T TAKE IT WITH YOU
Health Articles | November 26, 2001
Edited on Feb. 21, 2010
Making money is cool. Very cool. But the fact is that you
can't take it with you. As we live in the Information Age
we must learn new skills AND take advantage of new
technologies like social media to maximize our productivity.
We're not working at the car factory any more.
First let me say this very clearly. I am NOT your Mother
nor am I trying to put any guilt trips on you. But here's
a FACT. You will work better and achieve your goals faster
if you are healthy and maintain that health. Not preaching,
just practical.
There are some simple things you can do to improve yourself
or to PREVENT losing your good health. And hey, if you are
in your 20's and think you are indestructible, look around
at the 40 or 50 somethings. You're heading there too.
The first thing we can do is TAKE BREAKS from the computer.
The Net is 24/7, you don't HAVE to be. If you find yourself
saying I'll catch up on my sleep on the weekends you're
kidding yourself. Walk away for a few minutes every hour or so.
Good break habits today mean you can do more work tomorrow,
whatever your work might be, and make more money.
The second thing is to avoid caffeine ADDICTION. The fact
is that many of us use caffeine as a little pick me up and
that's OK from time to time. But when it becomes a lifestyle,
WATCH OUT. Caffeine does lots of nasty things to your body
if you get too much of it. Just use common sense and you
should be good to go.
Third, use antioxidants. The world is changing every day.
And the only advancements in TECHNOLOGY have not been in the
microchip! We now produce more potent vitamins and minerals
than ever AND we know a lot more about what our bodies need.
And I'm not talking about swallowing 100 pills a day either.
Don't live in a AMD64 world and take a P4 vitamin.
Fourth and last, we can do some moderate exercise. Yeah, I
hear the boos. But hey, walk away from the keyboard once in
a while and past the soda machine. There's a world out there.
Get into it. Do something that you enjoy and is good for you.
Your waist size is not the only measure of good health.
Fitness counts too.
If you are in great shape now .... EXCELLENT! Make sure to
review what you are doing from time to time and stay up to
speed on what's happening now. If you need to improve
that's no problem. Start where you can and in no time your
productivity and clear thinking will amaze you. GO FOR THE
GOLD in your career Health Fitness Articles, just make sure you can enjoy what you earn.
Source: Free Articles from ArticlesFactory.com
ABOUT THE AUTHOR
Paul Bilek wants to help you get in excellent financial and physical health
and help keep you there. He is a full-time entrepreneur and
has the knowledge and tools to help YOU at his website:
http://primerica.com/paulbilek. Information 1-519-419-5126.
YOU CAN'T TAKE IT WITH YOU
Health Articles | November 26, 2001
Edited on Feb. 21, 2010
Making money is cool. Very cool. But the fact is that you
can't take it with you. As we live in the Information Age
we must learn new skills AND take advantage of new
technologies like social media to maximize our productivity.
We're not working at the car factory any more.
First let me say this very clearly. I am NOT your Mother
nor am I trying to put any guilt trips on you. But here's
a FACT. You will work better and achieve your goals faster
if you are healthy and maintain that health. Not preaching,
just practical.
There are some simple things you can do to improve yourself
or to PREVENT losing your good health. And hey, if you are
in your 20's and think you are indestructible, look around
at the 40 or 50 somethings. You're heading there too.
The first thing we can do is TAKE BREAKS from the computer.
The Net is 24/7, you don't HAVE to be. If you find yourself
saying I'll catch up on my sleep on the weekends you're
kidding yourself. Walk away for a few minutes every hour or so.
Good break habits today mean you can do more work tomorrow,
whatever your work might be, and make more money.
The second thing is to avoid caffeine ADDICTION. The fact
is that many of us use caffeine as a little pick me up and
that's OK from time to time. But when it becomes a lifestyle,
WATCH OUT. Caffeine does lots of nasty things to your body
if you get too much of it. Just use common sense and you
should be good to go.
Third, use antioxidants. The world is changing every day.
And the only advancements in TECHNOLOGY have not been in the
microchip! We now produce more potent vitamins and minerals
than ever AND we know a lot more about what our bodies need.
And I'm not talking about swallowing 100 pills a day either.
Don't live in a AMD64 world and take a P4 vitamin.
Fourth and last, we can do some moderate exercise. Yeah, I
hear the boos. But hey, walk away from the keyboard once in
a while and past the soda machine. There's a world out there.
Get into it. Do something that you enjoy and is good for you.
Your waist size is not the only measure of good health.
Fitness counts too.
If you are in great shape now .... EXCELLENT! Make sure to
review what you are doing from time to time and stay up to
speed on what's happening now. If you need to improve
that's no problem. Start where you can and in no time your
productivity and clear thinking will amaze you. GO FOR THE
GOLD in your career Health Fitness Articles, just make sure you can enjoy what you earn.
Source: Free Articles from ArticlesFactory.com
ABOUT THE AUTHOR
Paul Bilek wants to help you get in excellent financial and physical health
and help keep you there. He is a full-time entrepreneur and
has the knowledge and tools to help YOU at his website:
http://primerica.com/paulbilek. Information 1-519-419-5126.
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