Posts Tagged ‘pre paid legal inc’

Pre-Paid Legal – A Legit Network Marketing Opportunity Or Another Scam?

Saturday, February 27th, 2010

PrePaid Legal Services Review

PrePaid legal services Inc is a network marketing company that provides specific legal services for a fixed monthly fee to its subscribers. This article aims to explore the income opportunity offered by the MLM and see how profitable it is.

Product

Why does anyone need legal insurance? The same reason why you’d need health or life insurance! Everyone’s accountable to the law and we can never predict when we may need the services of a lawyer. Legal insurance is a means to minimize your legal expenses. As a member, you get free legal help for drawing wills, research work, real estate assistance, traffic issues and small trial work. Issues such as divorce, drugs related cases and major criminal problems are not covered, but members can use the services of a lawyer for such issues at a discounted rate.

The Pre Paid Legal Background Story

The idea for this venture was born in 1972 when its owner, Harland C Stonecipher got into a legal scuffle and had to cough up huge sums of money. He launched this company as an MLM venture to offer members legal help for a fixed monthly rate as well access to lawyers whenever they required. Now, Prepaid legal is established in 50 states and in Canada. In addition to legal insurance, the company also offers a monitoring system to prevent identity theft. 

Is PrePaid Legal Services A Legitimate Businss?

After a series of lawsuits against the company, many people started proclaiming this business to be a scam. This company has been around for more than thirty years and is listed in the New York Stock Exchanges. This firm is definitely legitimate. It’s easy for MLM companies to gain a bad reputation because there are so many bogus enterprises that take advantage of network marketing techniques.

Complaints against PrePaid Legal are mostly from ex-distributors who joined hoping to earn six-figure incomes magically. To them, the grapes were sour; they were not able to generate income beyond a level and they put the blame on the pyramid structure.  

Why Should You Join PrePaid Legal Business?

-    It’s easy to market legal insurance since it’s a new product to most people.
-    This is an MLM that pays well. Payment’s made as soon as forms are submitted.
-    This is a service that will be helpful for everyone. There should be many takers for this service if marketed the right way.


Distributor Problems

There are no prospects to earn in this business by just following established techniques of traditional network marketing firms mechanically. In fact, using techniques such as inviting people to demo parties, tempting them with gifts and offers and persuading them to buy your service would make your business seem more like a scam because most fraudulent dealers use the same modus operandi.


Promoting Your PrePaid Legal Business

This is a business that could generate really good levels of income if marketed properly. Instead of concentrating on people you know, reach out to the world outside by communicating to them about your product. With innovative tools such as facebook and article marketing, you’re sure to divert a lot of attention to your business.

Pre-Paid Legal – A Legit Network Marketing Opportunity Or Another Scam?

Saturday, February 27th, 2010

PrePaid Legal Services Review

PrePaid legal services Inc is a network marketing company that provides specific legal services for a fixed monthly fee to its subscribers. This article aims to explore the income opportunity offered by the MLM and see how profitable it is.

Product

Why does anyone need legal insurance? The same reason why you’d need health or life insurance! Everyone’s accountable to the law and we can never predict when we may need the services of a lawyer. Legal insurance is a means to minimize your legal expenses. As a member, you get free legal help for drawing wills, research work, real estate assistance, traffic issues and small trial work. Issues such as divorce, drugs related cases and major criminal problems are not covered, but members can use the services of a lawyer for such issues at a discounted rate.

The Pre Paid Legal Background Story

The idea for this venture was born in 1972 when its owner, Harland C Stonecipher got into a legal scuffle and had to cough up huge sums of money. He launched this company as an MLM venture to offer members legal help for a fixed monthly rate as well access to lawyers whenever they required. Now, Prepaid legal is established in 50 states and in Canada. In addition to legal insurance, the company also offers a monitoring system to prevent identity theft. 

Is PrePaid Legal Services A Legitimate Businss?

After a series of lawsuits against the company, many people started proclaiming this business to be a scam. This company has been around for more than thirty years and is listed in the New York Stock Exchanges. This firm is definitely legitimate. It’s easy for MLM companies to gain a bad reputation because there are so many bogus enterprises that take advantage of network marketing techniques.

Complaints against PrePaid Legal are mostly from ex-distributors who joined hoping to earn six-figure incomes magically. To them, the grapes were sour; they were not able to generate income beyond a level and they put the blame on the pyramid structure.  

Why Should You Join PrePaid Legal Business?

-    It’s easy to market legal insurance since it’s a new product to most people.
-    This is an MLM that pays well. Payment’s made as soon as forms are submitted.
-    This is a service that will be helpful for everyone. There should be many takers for this service if marketed the right way.


Distributor Problems

There are no prospects to earn in this business by just following established techniques of traditional network marketing firms mechanically. In fact, using techniques such as inviting people to demo parties, tempting them with gifts and offers and persuading them to buy your service would make your business seem more like a scam because most fraudulent dealers use the same modus operandi.


Promoting Your PrePaid Legal Business

This is a business that could generate really good levels of income if marketed properly. Instead of concentrating on people you know, reach out to the world outside by communicating to them about your product. With innovative tools such as facebook and article marketing, you’re sure to divert a lot of attention to your business.

Pre-Paid Legal Services – A Review Of The Home Business

Sunday, February 21st, 2010

PrePaid Legal Services

We can never predict when we’ll need legal help. There have been so many times when we’ve been cheated by cons and needed the advice of lawyers. However, people hesitate to hire the services of a lawyer because of the costs and documentation involved. Prepaid legal services Inc. is a venture started to help people get expert legal services as and when they are required for a low monthly fee.

How It All Started – Background Of The Company

The foundation for PrePaid legal Inc was laid in 1969 when Harland C.Stonecipher got into a vehicle accident that left him in a legal tangle with lots of bills to pay. He started a scheme to offer legal assistance for a small monthly fee. He started the company and it was established as a network marketing firm in Ada, Oklahama. Now the company has offices in 50 states and in Canada. In the following years, the company went on to win several accolades and grew in size. However it also had its share of lawsuits from dissatisfied customers as well as representatives.

The Pre Paid Legal Service

For a fixed monthly fee of $17, members get access to legal services for research and documentation work, wills, lawyer consultation and assistance in traffic issues. Though major criminal cases, divorce and child custody are not covered for, members could get a good discount for consultations on such issues. The Firm also offers an identity theft monitoring and restoration service.

The PrePaid Legal Services Associate Program

The fee for joining the business opportunity is $49. Commissions range between $69 and $250. Good performers also get perquisites when they achieve targets. Payment is made as soon as orders are submitted; so there’s no waiting period for commissions. New reps are trained well in the art of selling and given complete support.

Struggling with building a business

This seems like an easy way to make money; however, many people who were lured in with the promise of easy money have faced only disappointment. Even if your personal network is substantial, you have to consider the fact that you can’t make everyone subscribe to the Prepaid legal membership. The challenges faced by reps in this business are:

-    Most people don’t need legal services regularly; hence they wouldn’t want to spend so much money on prepaid legal services.
-    As an associate, you are encouraged to contact people you know and call them to hotel parties to make them join the program. Your demo parties may be very motivating; but frankly, parties to most people mean something else. Not a marketing program that’s going to coax them into buying membership for plans they’re not sure about.
-    There’s no use in running behind people who’re not interested in your scheme and pleading with them to become members. There can be nothing as irritating as a sales person who keeps calling up on weekends and disturbing one’s peace.

Winning PrePaid Legal Services Strategies

In an MLM setup, your income depends on your promotion techniques. In the network marketing field, people are either completely frustrated or brilliantly successful. One way of ensuring good results is promoting your business online. Find out tips and tricks of virtual marketing and you’ll be surprised to see the results in your business.