If you are considering the Primerica business opportunity or products, you’ve made a smart decision by performing an adequate background check. Because schemes and scams get so much airtime, it is important to take a close look at an opportunity prior to making any financial investment. By taking a closer look at a given company, and learning to identify promising attributes, you can drastically decrease your odds of being caught up in a dreaded Ponzi scheme of pyramid scheme. My hope is that this Primerica review makes your investment decision an educated one.
When analyzing a business opportunity, it is important to get a feel for the company’s past, present, and future. You can do this by taking a look at the company’s leaders and makeup, the sustainable marketability of their products, and the multi-level compensation plan. After further review, I feel overwhelmingly confident in saying that Primerica is a legitimate business opportunity. Let’s take a look at the source of my new found confidence in this network marketing company.
As I mentioned before, it always useful to take a look at a company’s past history before making an investment of money and time. Doing so will help you get a feel for the direction of the company and its potential longevity.
In 1977, Primerica was started by an entrepreneur named Arthur Williams. Originally Williams intended on selling life insurance policies. It is safe to say that the company has evolved over the years. Primerica is aimed at providing middle class customers save and invest while having a term life insurance policy. This unique company has helped countless people make sound investments they otherwise would not have been able to make; such as investing in a retirement fund.
The company went public in the spring of 2010. Based out of Georgia, Primerica has locations in various regions throughout the globe. As of today, this progressive insurance provider has operations set up in the United States, Canada, Spain, and Puerto Rico. This publicly traded company has grossed more than a billion American dollars annually and claims over one hundred thousand licensed representatives.
Today, Primerica offers various financial services and products to consumers all over the world. In addition to providing consumers with products and services, this unique company prides itself on providing financial advice. The company currently markets term life insurance, car insurance, home insurance, legal services, and long-term care insurance. Because of their diverse line of insurance products, Primerica has proudly insured more than 4 billion people world-wide.
As I mentioned before, taking a close look at a company’s products can help you get a feel for its direction. In any field of business, survival is key to success. Luckily for those interested in the Primerica business opportunity, this unique network marketing company has product line that is marketable to the masses and will continue to be indefinitely. This high quality product line is definitely to thank for both the past and future longevity of Primerica.
The Business Opportunity
After reviewing the business model, it is safe to say that earning a substantial income with Primerica is definitely a possibility. That being said, success in network marketing solely depends on your personal promotional efforts. While presenting the business opportunity and products to close friends and relatives may work initially, you will undoubtedly run out of warm leads. Luckily for today’s network marketers, we have the internet. By adopting a few proven internet marketing skills, you can learn to generate leads and grow your earning potential exponentially.
Always remember that success in network marketing is heavily reliant on your ability to consistently recruit members for your downline. You are the sole determinant of your success with Primerica.