Anybody Involved in Pre-Paid Legal &/ or Pyramids

[SouthernSweet]

Originally Posted by ProspeKt

PPL, just like many other pyramids are effective and can prove very beneficial. I signed up with ppl around this time last year with not much success due to the afore spoken of having too much other stuff going on...especially school. Nevertheless I was and am thankful for the learning experience.

The problem with ppl and many other pyramids is that they are too old (10-15+yrs). As a result, by the time you get in, you're so far down the "pyramid" that you have to work extra hard to see the fruit of your labor. The people who generate the most revenue from them probably got into it at its early stages. Whether the product is bad or awesome and in high demand, if you can get set up in a network marketing oppurtunity in its infancy then you are bound for success.

There is a new product that just launched about a month ago. Not only is it brand new, the product itself is and proves to be a very hot commodity. So much so that the man under whom I am under generated $18,000 his first three weeks. Since I am under him, I am now 5th from the president of the company.

It is said that the three sure ways of income are real estate, stocks & bonds, and network marketing. I've taken notes and grabbed the first and last and am reaping the benefits. PM me if you would like to get in on this opportunity.

I have a couple of friends who are making six-figure incomes in network marketing companies, however, how can you be 5th from the President of the company?

The owner of a network marketing company is usually not at the top of the chain, it's the next person he recruits that is at the top.

The only way you can be 5th from the President of the company is if your MLM has the TITLE of President, for whoever is at the top of that branch...and whoever he signs up personally, can technically be right under him, but that doesn't mean they are making a dime.

MLM are worthless unless there is a way to move up the ladder, and very few MLM companies have this feature built-in to their system. Otherwise, if the person that recruits you fails in their responsibility to help you grow your area of the business, then they stay and reap the rewards of your hard work and they can sit back and do nothing.

Most of the newer MLM have taken the "fixed position" feature out of their system....if your production surpasses that of your sponsor, you get to move "up" the chain and move past them so that someone that is llazy cannot continue to draw money off your work unless they are actively participating. Yes, your sponsor doesn't get fully penalized for recruiting a winning business builder, but as you move past them in the ladder, they make less and less off you until eventually they make nothing.

[kddani]

I "lost" a close friend and sorority sister to MLM. It sucked her in, took advantage of how nice she was, and sucked out all of her money. It made her turn away from her friends, made all these glamorous promises, but they never resulted. So I personally have a VERY poor view of MLM and the way that they are run- taking advantage of other people, brainwashing them, recruiting them, shaking them down for money at every opportunity (this conference, that meeting, etc.), alienating them from friends and family, etc.

Because of this experience, and because of being a lawyer, I am very interested in learning more about this from an educational standpoint. NOTE: DO NOT TRY TO SOLICIT ME! Does anyone have any informational links about Pre-paid Legal they could share with me?

[Still BLUTANG]

my last employer offered PPL as a "benefit." I declined the coverage and thought it was a little tacky that the service was even available... not because i have anything against PPL but because i used to know some people involved in that product and and i didn't think too highly of them.

I guess who ever sealed the deal to offer PPL to an entire company is doing quite well!

[kddani]

Originally Posted by Still BLUTANG

my last employer offered PPL as a "benefit." I declined the coverage and thought it was a little tacky that the service was even available... not because i have anything against PPL but because i used to know some people involved in that product and and i didn't think too highly of them.

I guess who ever sealed the deal to offer PPL to an entire company is doing quite well!

My dad had that offered to him at a previous job as well. Thankfully I was able to tell him that it was a waste.

The majority of people will only need a lawyer when the make their will or when a loved one dies and the estate has to be probated. It's just not a cost-effective thing to do, or at least it seems.

OOhsoflyDELTA#9, MLM stands for multi-level marketing (also called a pyramid scheme). Amway is a prime example.

[OOhsoflyDELTA#9]

What's MLM?

[AlphaFrog]

Originally Posted by OOhsoflyDELTA#9

What's MLM?

Multi-Level Marketing.

I go out and recruit 10 people to market under me. I get money from every "product" they market (Bell South contracts, UPS accts, Quill office Supply Orders, etc). Then, they go out and each hire 10 people under them, of which, they get a cut, and I get a cut. I now get money from my 10, and the 10 that each of them hired. The higher up you are, the more people that are feeding your paycheck.

[f8nacn]

Originally Posted by kddani

I "lost" a close friend and sorority sister to MLM. It sucked her in, took advantage of how nice she was, and sucked out all of her money. It made her turn away from her friends, made all these glamorous promises, but they never resulted. So I personally have a VERY poor view of MLM and the way that they are run- taking advantage of other people, brainwashing them, recruiting them, shaking them down for money at every opportunity (this conference, that meeting, etc.), alienating them from friends and family, etc.

Because of this experience, and because of being a lawyer, I am very interested in learning more about this from an educational standpoint. NOTE: DO NOT TRY TO SOLICIT ME! Does anyone have any informational links about Pre-paid Legal they could share with me?

if you do a google search on prepaid legal, their website (national) will be listed.

[shinerbock]

While some of these things can be beneficial, I think overall they are to be avoided. I would compare them to people who are so kept up on pretenses that they refuse to get a steady job (but instead continue repeatedly setting up their own failing businesses). Granted, if you do it on the side or quite well, more power to you, but I have seen several situations in which people are so avid about not working a regular job that their family suffers. Also, being friends with people in pyramid-type jobs is incredibly annoying.

[f8nacn]

Originally Posted by shinerbock

Also, being friends with people in pyramid-type jobs is incredibly annoying.

I have several friends who are involved in MLM jobs and they are the most down-to-earth people and trustworthy people I know. Once they learn of your disinterest, they will not badger you about purchasing their products and/or becoming an owner...

Dont know what kind of friends you have to make a statement like that.

[tunatartare]

Good for you then. I had a friend who was involved with that. He tried to pitch his product to anyone he knew, every chance that he got. Most of us had no use for his product as it is, and when he badgered us about it every time that we talked, a lot of his friends eventually stopped speaking to him. He has since left that, but some of our friends are still wary of speaking to him.

[shinerbock]

Being annoying is quite different from being a dependable or worthy friend. Most of my friends (there haven't been many in this situation) who were involved in such things would give up a lot to be a part of it, and we'd have to deal with the bitching and the sales pitch. Basically I wanted to tell them that being involved in a pyramid scheme does not make them an entrepreneur, and that they should take their college degree and use it. I feel the same way about web design companies...Sure, it works for some, but the field is incredibly crowded, just suck it up and get a job.

[ProspeKt]

SouthernSweet you obviously misunderstood what I meant by "5th from the president." Thanks for you insight tho.

This is not a career for me nor is it my main source of income. I'm still a student and real estate is my job. God and education are my priorities. Nevertheless, the recent profits that I've received from this company have been overwhelming to say the least.

I definately agree that people in network marketing can have character issues. That is something that I discovered when I got into PPL. However I think for the most part those are the ones who take it on as a serious career. If I didn't have a lil wisdom and discipline, i'd probably be overtaken by the rapid swelling of my bank account, drop everything i was doing, and succomb(*sp) to this as well. God forbid tho.