Re: Re: Re: Primerica: Why it's just anyother Multi-Tier Marketing Scam

Subject: Re: Re: Re: Re: Primerica: Why it's just anyother Multi-Tier Marketing Scam

Comments:
: : : : QUICK SUMMERY: JUST ANOTHER SCAM!! DON'T DO IT!!, DONT SIGN Up!! IF ITS TOO GOOD TO BE TRUE... IT IS!! : : : : Ok heres some logic. Suppose I tell you that if you sign your family up with my insurance policy I'll give you $1500. That is precisely what Primerica is. : : : : They beat around the bush, throw facts and figures but really what they are looking for you to do is sign your family up with their financial programs. : : : : Fact is that if you invest $10,000 for someone for 25 years with the S&P500 index (14%). It will roughly inflate to $260,000. Your program offers to pay them %12 a year (which is a lot more then what your bank will do) they will make $170000. That means that Primerica made roughly $100,000 doing business with you. So of course they can pay you $1,000 - $2,000 as a sign up bonus. : : : : Now lets take it a step further. From what I've heard (I left in the middle of the lecture) they want you to recruit 3 people by doing so making $3000 off their labor. THATS IF THEY LABOR. Now suppose you find 3 people, you have to make sure they recruit 3 people a piece so that you can collect $15000 a month. However, you now have 9 people at the bottom of the pyramid who all wish to be making commission off other people laboring. : : : : FACT IS THAT THERE WILL ALWAYS BE MORE PEOPLE AT THE BOTTOM OF THE PYRAMID HUNGRY TO SIGN PEOPLE UP. : : : : There will always be a huge drop out rate and while you may have made a $100,000 by recruiting x amount of people... it's really cheap change compared to the money Primerica made off of you and it's short term money in that eventually you won't be able to find new recruits and/or new people to sign up for their finanical programs. : : : : So what happens at this point is the pyramid collapses bottom up and eventually you will find yourself having no recruits to capitalize on and be forced to drop out yourself. : : : : I can show you facts and figures but it's all in the works. I'm currently working on a site bashing Multi-Tier Marketing. Primerica, Marker America, etc.. : : : : Feel free to contact me. I left my contact details in this thread and don't hate me cause I differ in opinion. Fact is I'm trying to do you a favor by pointing out some not-so-obvious flaws. You may make some money using this program but remember: : : : : A: it's a lot harder then it seems : : : : B: That money may or may not be there forever : : : : C: Don't rush to sign your own family up, sign up strangers first and see how hard it is. : : : ANY PERSON THAT READS THIS GARBAGE, AND THINKS THERE IS ANY TRUTH TO IT, IS AS UNINFORMED AS THE PERSON THAT PRODUCED IT. HE THINKS, HE GATHERS, OBVIOUSLY, HE DOES NEITHER PARTICULARLY WELL. HE SAT THROUGH HALF THE PRESENTATION, AND PRESUMES TO KNOW ENOUGH ABOUT THE COMPANY TO MAKE THESE REDICULOUS ACCUSSATIONS. ALL THAT HE HAS SAID IS AS BASELESS, AND TASTELESS AS IT IS RECKLESS, AND IRRESPONSIBLE. PRIMERICA IS THE LARGEST FINANCIAL SERVICES COMPANY IN THE WORLD. TO IMPLY THAT A COMPANY IS A SCAM BECAUSE IT MAKES MORE MONEY OFF A TRANSACTION THAN IT PAYS ITS'EMPLOYEES IS REDICULOUS. THIS IS THE SINGLE MOST BASIC ECONOMIC PRINCIPLE. THERE IS NO COMPANY IN THE WORLD THAT DOES NOT DO THE SAME THING. HOWEVER, ASK YOURSELF THIS,HE STIPULATES THAT AS THE COMPANY CLAIMS YOU WILL MAKE 100K A YEAR, WHEN WILL THE COMPANY THAT HE WORKS FOR PAY HIM THAT? I WONDER. PRIMERICAS MISSION TO HELP GET OUT FROM UNDER THEIR DEBT, AND RETIRE AT A REASONABLE AGE FINANCIALY SECURE ENOUGH NOT TO HAVE TO WORK AT WAL-MART,OR McDONALDS UNTIL THEY DIE IS PRETTY NOBLE IF YOU ASK ME. GET YOUR INFORMATION FROM SOMEONE THAT IS ACTUALY INFORMED, NOT SOME IRRESPONSIBLE, CARELESS PERSON WHO WAS TOO LAZY TO EVEN SIT THROUGH ONE WHOLE PRESENTATION AND GET THE WHOLE STORY. I AM 1MILLION PERCENT PRIMERICAN, AND I COULDN'T BE MORE PROUD OF IT. IT MY,AND ALL PRIMERICANS GOAL TO HELP PERSON IN THE WORLD LIVE A BETTER,MORE SECURE LIFE,FREE FROM THE STRIFE OF IMPROPER PLANNING FOR THEIR RETIREMENT, AND TO PROVIDE THEM A MEANS BY WHICH THEY MIGHT ACHEIVE THIER LIFE'S GOAL.THE TRUTH WILL SET YOU FREE,IF YOU THE REAL STORY YOU CAN CONTACT ME AT ttllucidity@my.com or gavv7@primericaonline.com : : : THANK YOU, : : : JEREMY THOMAS : : Thats right.primerica has changed my life. Why? because it has shown me that their is more to life than just me and my goals. their are plenty of people out their want to hit theirs too. they lack two things 1. the written plan 2. the means to achieve those goals. and you know what? At Primerica we can help them do both. Not by scaming, but by sharing knowledge on how money works and guideing them on doing what is in the best interest for them and their family. Take another look at all primerica is doing to help others. We give hope and opportunity with vision and focus to a crying world. change your life by helping someone else. : I agree , if you don't sit through the entire meeting then how can anyone make a truly informed opinion. I have been invloved with various muti-level schemes and believ me when i tell you that I know one whenI see one. I have worked as a nurse for 20 years and can tell you that all work envoirnments are mutilevel. There is a CEO that makes money off a junoir, he makes royalties of another and so on. If you would have listened to the whole spiel and asked questions you would have noticed that no one HAS to sign up anyone. I only work doing the financial advising part and have never signed up a recruit yet; and I am quite happy with the income being generated. Sure you must be diligent in order to make money but then if you want to work for yourself; in any business when self employed it is hard work and one must continue to find customers yourself. It is not any different the other self employed vetures I have had. Except the in my little one proprieter shop I could not compete with the other big stores. At least Primerica is affiliated with a large company that has been around for awhile and will continue to do so. They have made ot possible for me to obtain a Provincial insurance licence and it only cost me 200 dollars that I made back in a week just sitting in on meeting with a potential customer. I priced the course with a college on a part time basis and it would have cost me over 2 thousand dollars, and I would have to repeat the course in order to rewrite the test if I had failed the first time. With primerica you an rewrite the test for next to noting until you pass. You can sit in on another class if you want to update yourself for nothing.One of the woman that I took : the course with decided to use the course that primerica paid for and get her insurance licence and worked for a bank for awhile , eventually she joined our team and is making more money then she made at the bank, and can decide on her own hours.If you want to pass judgement , then at least follow through with someting first then make an informed opinion. Primerica has helped me and my family obtain an investment income that we never dreamed we could have. Our previous insurance company sold us a bill of goods then forgot about us and never checked to see if we were still even alive. Primericans never forget you. You want to talk about mutil-Tier marketing the work for the government. SPUTNIK.

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