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In Reply to: Re: Re: Insurance Agent earnings posted by Yes To MLM Concept on August 21, 2003 at 17:32:41:
Go back to the mall and recruit more "professionals" to join your "team". The consumer with a brain will go to real professionals.
MLM is not the wave of the future. It is a failed system touted by those who know no better. Like yourself, those who claim MLM is everything, everywhere and how everyone does business does not understand business outside of what their useless RVP feeds them.
Glad to hear you like being lumped with Amway. Thats exactly what you are; a bad company, doing business badly, selling overpriced bad products to unsuspecting consumers. Your time will come.
: : Recruiting - "from a business point of view it's a good concept"????
: : NOT!
: : Do you build a company's reputation by having any warm body you can con into paying $199 peddle insurance, or do you look for those who will present your products and services in the best possible light? The latter if you want to be an insurance company on the order of NY Life and others in the life field, or if you want to emulate the Amica Mutuals or Cincinnati Companies on the P&C side.
: ****If your a builder, you hire and set your parameters. How much would your business be worth if you had 10 people like yourself? It's not the company who does the hiring, it's you.
: You mention other companies and reputation, but the problem is the industry as a whole has a bad reputation, and that isn't the fault of Primerica.
: : The former if you want to be the Amway of the insurance business.
: ****From a business stand point, what is wrong with Amway? Primerica and Amway are two different companies in two different industries.
: I find it comforting that primerica isn't grouped with the vanishing premium guys.
: : MLM is a failed business model. It is NOT taught at ANY business school. Get over it.
: *****A wrench is usless tool to a person who doesn't know how to use it. The problem with MLM is that people have to learn to educate, train and motivate. Not everyone is willing to go through the learning time. Say what you want, but when Art Williams was in it's day, he had 200k agents and he was generating massive business and income. There's a reason other companies are trying to copy what he did. it works. So MLM or whatever you want to call it is the wave of the future. Borders are coming down and technology are making people mobile. If you can't see it, I do. Good luck..
: : It seems people harp on what PFS agents earn. My question is what determines how much any agent earns, anywhere?
: : : To me to seems people are looking at the business from an emotional point of view rather than a business point of view. Citigroup knows that PFS is a distribution machine. That's probably why Sandy bought them.
: : : Citigroup has the products, and they can just plug them in as needed. The senior market is a market ready to explode, and who else is in place to hit that market running. People are changing jobs more often, and with the next influx of jobs to hit the market place people will need guidance. Primerica has the system in place and it works. As the market dictates, Citigroup and Primerica will adjust to the market and competition.
: : : Some people have a problem with recruiting, but from a business point of view it's a good concept. It's all about distribution, if you don't see it, that's great, I do. Sell and build that's the key to business. You win some and you lose some. That's business.
: : : Also for all you agents trying to raid Primerica, I understand, but I don't see how people put down recruiting yet go to Primerica to recruit their agents. You and I know the benefit of bagging a RVP, or potential RVP. This is big business.