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In Reply to: Re: Re: Primerica: Why it's just anyother Multi-Tier Marketing Scam posted by John Horber on November 11, 2004 at 14:13:01:
: I was a rep for almost two years. My girlfriend is a nurse and she supported me those two years while I didn't have a real job. When I say "real job", I mean hourly/salary wages, medical benefits, sick pay, etc...
: One can be successful in Primerica, but the failure rate far exceeds the success rate. I was working over 10 hours a day for four months until I saw any money...When I mentioned this to my RVP, he told me that is how many people start and that he was certain that I had the initiative to succeed(what a salesman!).
: I understand that there are certain types of people in this world that would fit right into the Primerica scam and be successful...I was making barely enough money to survive because the market was too saturated with others doing the same thing...5 out of the 7 car salesman at my old job are now buying new homes for themselves...I was definitely not able to afford a new home after the past two years working hard with Primerica...The regret that I felt was tough to deal with...Yes, I was my own boss. Everybody in my district was telling me that I was right on track. There were good months and bad months...BOTTOM LINE: For the hours that I had put into Primerica, I did not receive even close to what I should have.
: I am now back selling used cars and saving money towards my first house. I have a regular job with hourly and commission, benefits, sick/vacation pay, workman's comp, etc...
: I saw my life falling apart with Primerica so don't be fooled. After 2 years of my life wasted, I realized that this was not the get rich scam for me that they said it was.
: So all of you who are currently with or thinking about joining Primerica because they want a better life: BEWARE.
: One can be successful in Primerica, but in reality only 1 out of 10 people actually make more than $30,000 a year with Primerica without any job security...and its funny how every Rep I've ever talked to ACTS like they have more money than they really do...I'd rather make a guaranteed income of $25,000 a year, and beat the 1 out of 10 success rate, working at McDonalds, AND know when my paychecks will come. I sell used cars and I know that I will buy my first house in March '05. So to all of the current Primerica VICTIMS: Don't worry...It's easy to fall into this scam(I did!). But learn from the experience that Primerica gave you and you will never get suckered by them or anyone else again!!!