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Bad News Review: Primerica Scam?

Aug 29, 2008
For anybody giving serious thought to Primerica's business opportunity, I'd like to make some important points and help you determine whether or not they're a suitable match for you. I wouldn't be surprised if you experienced information overload the first time you heard about their business so I'll briefly discuss what they are and analyze the important parts.

First of all, Primerica is a financial services company that assists families with money management. They offer their services through hundreds of thousands of independent representatives. Their services include term life insurance, mutual funds, variable annuities, loans, long-term care insurance and pre-paid legal services. Currently, Primerica's customer base is in the millions. Their representatives are compensated based on a multi level marketing structure.

When you join Primerica and put yourself in a position to offer their services to people you know, your journey begins. You're taught to first target friends, family, and acquaintances and try to get them to pick up one or more of your services. From there, you ask for referrals and simply repeat. Without referrals, you have nobody to offer your services to and your business ends. There are ways to market to the public and use marketing to grow your customer base but Primerica doesn't teach those methods.

Like any other mlm opportunity, everything begins with your "warm market", which includes people you know and people THEY know. Your success is very dependent on the size and quality of your warm market, since they are the ones you're offering your services to. The problem with this is that if people in your warm market were truly concerned about their finances they would have ALREADY found professional help. In other words, they aren't LOOKING for you services. It would be much easier to find individuals who NEED what you have to offer, but you need to learn how to find those people.

Furthermore, when you are able to build a business around these services and recruit others to do as you do, you want to be in contact with individuals who WANT to own a business of their own. Talking to your friends and inviting them to presentations and hoping they see what you do is not the way to do this. Not everyone's circle of friends is filled with ambitious opportunity seekers.

Instead, you can use the internet and contact the millions of people who search through its pages in search of an alternative way to make money. Opportunity seekers are all over the net, and if you can place content online for them to find and contact you, it makes for a perfect match. I doubt that the reason for your interest in Primerica was because you have a passion for financial services. Like many others, you like to entertain the idea of achieving financial independence. You aren't alone. Everyone is looking for that right vehicle, and finding those people is what will explode your business.

If you want to learn how to market your business online, or any business for that matter, and start making money, then you need to take a look at the profit lance system. It teaches individuals the fundamentals and basics of marketing on the internet WITH or WITHOUT a product. Whether you have a product or services to offer, or not, it doesn't matter. People have already done the work in creating their own products and many of them are willing to compensate you for selling it. The bottom line is that there's a lot of money to be made on the internet, and as a business owner or potential business owner, you would be crazy not to consider the possibilities.

Profit lance may or may not be what you are looking for, but maybe it is. I hope this article has been of some assistance, and if not I hope it was entertaining.

I wish you the best, Joe Marquez
About the Author
For more information on the profit lance system and learning the fundamentals of marketing a business online, be sure to review the system yourself by clicking here
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