Prepaid Legal MLM Business - Opportunity Or Scam?

Prepaid legal services of the largest and most successful network marketing companies have become ever. The identity theft and legal protection services, as well as a variety of income opportunities for anyone to become an affiliate and resell those services had to offer.

There are, however, some very real starting or participating in a prepaid legal business concerns and issues about.

Prepaid Legal - Good

He began researching the industry of European legal expense plans. In August 1972, Harland Stonecipher's Pre-Paid Legal's predecessor, the player Motor Club, the legal expense reimbursement services as a motor service club made the offer. Prepaid legal plans in 1983, started selling through network marketing. Prepaid Legal NASDAQ National Market System were made public in 1984, and two years later moved to the U.S. stock market.

With more than 1.5 million members, they exist today are the largest network marketing companies.These preventive legal services, the telephone consultation on unlimited personal legal issues, document and contract review and preparation will include the offer.

The best part is that Prepaid Legal offers peace of mind. Knowing that you are legally represented, that your risk of identity theft or misuse is not a very secure state of mind.

Prepaid Legal - Bad

Prepaid Legal is a network marketing company, which means that their services and build a downline distributors can earn income off their distribution channels.

Prepaid Legal oldest and one of the most established network marketing companies. Being older than 50 years, we have seen the flag that they are marketing techniques that have worked better 50 years ago. They have their "warm market", ie friends, family, work colleagues, to use to encourage your business to grow.

Prepaid Legal distributors teaches them the "3 foot rule" to use.It can be done that way back in 1960, but in this day and age, it's just a desperate seller looking to make a quick buck in terms of distributors.

Prepaid Legal - ugly

The fact is, anyone at all can make tons of money marketing legal service products - if they know how to market effectively. To friends, family and work colleagues on the bench trying to build a six figure income is more than just a hard sell - it can be downright frustrating, not to mention can be ineffective.

In closing, I would say that starting and developing a prepaid legal business is lucrative if someone knows how to market effectively. It's not a scam, but like any business, success will be determined by the marketer's skill set. Prepaid Legal is definitely not a lottery ticket or a stock option - meaning, you just do not buy in and wait for a payment.

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