Prepaid Legal Companies
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The Truth About Prepaid Legal – Is It A Scam And Can You REALLY Make Money With it?
So, you may be wondering whether or not Prepaid Legal is for real or not. You may be wondering whether or not you can make any money if you decide to work with the company. And, you may even be wondering if it’s just a complete scam. So, what IS the truth about Prepaid Legal? Well, let’s first discuss exactly what the company does…
Long story short, Prepaid Legal is a NYSE traded company that assists people with legal needs by placing them in contact with top rated attorneys at an affordable rate. They do this by charging a $26 monthly fee to their members (a member being someone who has signed up for the service). In return, members receive a number of different benefits to assist them with whatever legal issue and/or question they may have.
Surprisingly enough, most people have never even heard of Prepaid Legal, as they use a network marketing compensation structure to promote and sell their memberships. Most of the associates that work with the company earn roughly $100 for every membership they market. With payouts like that, it’s quite possible that any new associate can earn thousands per week by actively promoting memberships and building a team of other associates who do the same. Because of this some refer to Prepaid Legal as a “get rich quick” scam.
Let’s analyze that…
The truth about Prepaid Legal is that it DOES work. The company has been around for over 30 years, and has enjoyed steady growth year after year with a product that seems to have NO shortage of need (everybody eventually seems to run into SOME sort of legal problem; big or small). However, the REAL truth about Prepaid Legal is that most of the associates who join with aspirations of six figure incomes don’t achieve that goal.
Why is that?
Well, I told you that I was going to give you the truth about Prepaid Legal and here it is – part of that is the associate’s fault, and the other part is Prepaid Legal’s fault.
In order for a Prepaid Legal associate to truly excel in today’s world, they need to ditch the old, inefficient and mentally counterproductive techniques of traditional network marketing which involve harassing friends and family, cold calling strangers, and holding hotel meetings. They need to utilize the same technology that many of the top income earners in Prepaid Legal have used to garner them the success they’ve enjoyed to date.
Are you ready for the real truth about Prepaid Legal and what that magical technology is?
Drum roll… It’s called the Internet.
The days of “belly to belly” recruiting are DEAD.
Now, don’t get me wrong. While working in Prepaid Legal or ANY network marketing opportunity, you should ALWAYS utilize your immediate surroundings and be on the lookout for sharp individuals you think would be great for your business. But the truth is that if you rely solely on that method, you’ll be out of business before you even start. Furthermore, it’s extremely ineffective to chase friends, family, and strangers who have neither the desire nor the skill set to start and run an effective home based business like Prepaid Legal.
You should structure your business in such a format that you have qualified individuals coming to you and asking to join your organization. Not the other way around.
It’s not Prepaid Legal’s fault, however. Just about ALL network marketing companies are still preaching this backwards, outdated method of recruiting. For some it works. But for most, not only does it not work, it’s so mentally defeating that the individual runs to the hills screaming “scam, scam!”
The truth about Prepaid Legal is this – it really is a strong and profitable company. You really can make a ton of money in it. It definitely has a product that people need and will continue to need. But until those associates who join it with high hopes of six figure incomes realize that they need to merge traditional network marketing recruiting tactics with new millennium technology, they will forever scream “scam” when their business fails, giving Prepaid Legal a bad name that it doesn’t deserve.
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How do traffic defense attorneys work their craft?
My son got a speeding ticket (100mph) on his way to Las Vegas New Year’s eve. We have prepaid legal. The attorney said, she knows the judge and just pay her $140. and the citation will be dropped, no record, and insurance company not notified. She didn’t even want to hear his excuse (actually he lacked one).
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