Primerica: Where There's Smoke, There's Fire

Hmmm. Just my experience. Not sure what to believe at this point.

Something else I've been thinking:

Not everyone in the world can just be rich. There's only so much money out there, it can't just appear out of nowhere. It just doesn't make sense that all of a sudden, every single person in this country could set themselves up for life. There has to be a counter-balance, and I rack my brain even to this day as to what exactly the counter-balance is. I also think it's kind of convenient that over half the people stepping forward to defend the company are those who work for it. Doesn't seem like we have any satisfied customers coming up to vouch for them, it's always the ones who work for them. So I don't know.

Category:

People & Blogs

Tags:

• primerica
• insurance
• company
• pyramid
• scheme
• mlm
• multi
• level
• marketing
• interest
• dollar
• cash
• meeting
• recruit

[mrluvsChrist]

you generate money by selling financial services such as life insurance, investments, etc etc

[mrluvsChrist]

this is because you have no motivation....you want a JOB.....just over broke......you dont get paid for recruiting...you get paid on the results of those who come into business with you who sell products to their clients....network marketing is legit...the corporate world is a pyramid btw...you are at the bottom and want to move up....tsk tsk tsk

[mimric]

HA HA! Thats so true, right now Im filling out a "special" PFS replacement form becuz they want to know what former agent taking there biz, becuz of the "CONTRACT" any biz I replace I have to fill out a PFS form along with the basic one thats required by law. What BS but it does not matter its thier loss my gain!

[jgiIles85]

@Paulywantstokill Says your PFS superiors, "99% failure rate? That's b/c those 99% suck. They failed to succeed b/c they failed to learn. They failed to plan. They didn't try hard enough. They gave up before they tried. Blah blah blah..."

This is a tactic employed only by cults. Turn the hopefuls against the people have bad stuff to say.

In the end, you are NOT running your own business at PFS bc you can't take your clients outside the company. Plain and simple.

[jgiIles85]

@Paulywantstokill Your point about 95% of Primerica representatives quitting before they start is only something that's told to you by your superiors. Pauly, people do not go through all that licensing so that they can quit. They DO try, but quickly find out how difficult the business can be. They try, but fail b/c they simply can't find enough people to help them.

This is typical of your superiors. They'll discredit anyone who puts a bad impression onto the company. Cont'd...

[jgiIles85]

@Paulywantstokill Take a look at your existing block of business. Calculate how much residual income you earn each year. Now ask yourself, how much would you pay for that income stream? Answer: probably not much. But that's what you'll be able to sell it for to another Primericrap agent. How about passing it down to another family member? "Passing down" is just another way of saying "sell" or "sell at no cost", and this changes nothing about the previous point.

[jgiIles85]

@Paulywantstokill Yes, of course you can pass on the business to your family, or sell the business, but you must sell to a willing Primericrap agent! And guess what? No one's buying. Know why? Because life renewal commissions are not paid on your block of business until you are Regional Leader or higher. You see, the value of your business block is based on the residuals it generates. The only residuals you'll earn until then are investment trailers only! Here's a good exercise: Cont'd...

[Paulywantstokill]

Jgiles, about the largest salesforce for a independent financial company. You have to remember 95% of Primerica representatives quit before they even start. The only way to fail at Primerica is to quit working. 90% of new businesses fail. By the way 100% of Primerica's products reach the consumer.....? You do not receive pay to recruit. Could a pyramid scheme really be listed on the NYSE? I don't understand your argument.

[Paulywantstokill]

jgiles, not true. There are 3 levels of ownership of the business, all of which involves being able to pass the business along to your family, or even sell the business. Not to mention you receive residual income on a quarterly basis.

[mimric]

Thats true READ THAT CONTRACT! I don't think 95% of those in PFS read it if not more. If they did they would see how one sided it is in the company's favor, not even the clients favor.