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An Objective Prepaid Legal Services Review – Is It A Scam Or Should You Join

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The History Of Prepaid Legal Services:

Prepaid Legal Services, Inc is a multilevel marketing company that sells legal membership plans. The plans provide for legal service benefits, including unlimited attorney consultation, letter writing, document preparation and review, will preparation, traffic violation defense, automobile-related criminal charges defense and a general trial defense. Basically, they allow customers to have access to legal representation and attornies for a FRACTION of what it would cost outside of the membership.

Founder, Harland Stonecipher, started Prepaid Legal in the early 70s after noticing an enourmous need in the market place. The flagship product is the Life Events Plan and currently there are more than 1.5 million members in North America. A couple of years ago, due to a demand in the market place, the ID Theft Protection feature was added to the membership. The power of Prepaid Legal’s concept is that it sells a very unique service that people from all walks of life can get value from. They really don’t have any real competitors in the traditional business or MLM arena.

Training And Leadership In Prepaid Legal Services, Inc.

Prepaid Legal Services is led by some of the most dynamic and documented leaders in the network marketing industry. Besides founder Harland Stonecipher, the corporate team contains many seasoned MLM veterans like Jeff Olson and co-CEOs Randy Harp and Mark Brown. On top of that, there are many seasoned veterans that sit on the Board of Directors. One example is current Board member, Stephen R. Hague, A 35-year veteran of the insurance industry, Hague has served as Chairman and CEO of several insurance companies. Hague replaced former Board member, John Addison, co-CEO of Primerica, when Addison resigned in 2003.

Prepaid Legal Services, Inc. mainly focuses on building a business using offline building methods like contacting your warm market and handing out company DVDs to sharp people you come across. This DVD-approach has caused a major surge in the company’s recruting numbers across the US and Canada. With that said, they have recently instituted online presentation, lead capture pages and webinars for reps that want to leverage the internet to build their business.

What Are The Pros And Cons Of Prepaid Legal Services, Inc.?

Prepaid Legal Services, Inc. has many benefits if you are searching for a home based business opportunity. Prepaid Legal leaders are great at teaching and promoting the funadamentals of building a network marketing business. The methods that are taught are simple yet effective, assuming you do not mind contacting people you know. Another attractive feature is, if you are uncomfortable at giving presentations, there are a ton of tools, resources and systems you can use to recruit people into your business. Another huge benefit that might catch your eye if you’re researching Prepaid Legal’s opportunity is that there’s a very generous income opportunity just from selling memberships. In short, the Prepaid Legal opportunity is great for the average person to join and make a profit in their first 30 days.

One disadvantage (if you want to call it that) that Prepaid Legal Services has is the potential for a rep to receive a chargeback. In other words, if a customer cancels their prepaid legal membership within it’s 1st year, the associate willl get a chargeback. Personally, I don’t really see this as a disadvantage because all businesses, traditional or MLM, have some sort of chargeback feature when commission is paid on a customer that cancels, ex. life insurance.

In closing, Prepaid Legal Services, Inc. is an established company that is marketing a service in a groundfloor industry. Besides having a valuable service and a rich comp plan, the fact that customers who have no interest in joining a network marketing business will still buy and hold onto the membership is a huge benefit you need to look at if you’re interested in building a customer base that’ll pay you on-going residual incoem for years to come.

Generate 30-50 Prepaid Legal Leads Everyday Online For Free!

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Prepaid Legal Leads: Don’t Buy Leads When You Can Generate 30-50 Leads Everyday Online For FREE

Over the years, Prepaid Legal Services has become one of the largest and most successful network marketing companies in the industry. They offer a variety of identity theft and legal-protection services and also has an income opportunity attached for someone that wants to become a distributor and re-sell their services.

Just like with every network marketing opportunity, there are some concerns about starting a business opportunity with Prepaid Legal.

How are you going to go about building YOUR business with Prepaid Legal? Who are your prosects? Where will you get leads? How are you going to generate a steady flow of income?

Prepaid Legal is one of the oldest and most established network marketing companies out there. With that being said, they encourage their distributors to use marketing techniques that worked better years ago. These strategies consist of hitting up your “warm market”. Depending on your friends, family, co-workers and everyone in your social circle to grow your business. They are not true qualified leads.

Prepaid Legal also encourages their distributors to use the “3 foot rule”. This is where you approach random people whenever you go out into public and talk to anyone within 3 feet of you and present them with Prepaid Legals services and business opportunity. This technique was effective back in the 60’s and 70’s, but nowadays, it simply positions their distributors as a desperate salesperson looking to make a quick buck. You might get a couple of leads that way, but still not the high quality leads you are looking for,

Don’t get me wrong, someone could absolutely make tons of money with the services and products provided by Prepaid Legal. The key to finding the prospects and leads that you are looking for is learning how to use effective marketing techniques. Trying to build a six-figure income depending on friends, family, and “3 footers” is inviting frustration, struggle and heart ache into your life. These techniques work for very few.

I’m sure you’ve heard this before. Over 95% of all network marketers are failing to make money in their business opportunity. Chasing folks around and trying to “sell” and “convince” them on the legitimacy of your product and Prepaid Legal opportunity is much less fun than talking to people that have already expressed a direct interest in what you offer and sought you out. These are the leads that you are looking for.

So how do you do that? What you have to realize is that when you start a business opportunity with Prepaid Legal is that it is just that. A BUSINESS! In order for businesses to stay profitable and bring in constant cash flow is they market and promote their business so that they have people coming to them.

You want to leverage the right kind of tools that will give you the best results for your time. The best tool for any network marketing business today is marketing over the internet. Leveraging the internet and utilizing online marketing strategies will bring in massive traffic to your site with true prospects and leads that are already interested in what you are offering, leaving YOU their information WANTING you to contact them!

There are plenty of FREE, low cost and paid marketing strategies and techniques that you can use today over the internet to generate 30-50 fresh, qualified leads every day and I can show you what they are right now!