Prepaid Legal Compensation Plan - Can You Really Make Money?

Prepaid Legal Compensation Plan - Can You Really Make Money?

By Kevin T Thomas


Can you really make money with the Prepaid Legal Compensation plan? This review will objectively examine that question, and give you some great tips on how to get prepaid legal leads for free, should you decide to enroll.
The company offers a program that is analogous to paying for medical insurance to protect oneself against the possibility of future health care costs. The only difference would be the particular industry, which in this case happens to be the legal field. For $26 a month, you can have legal services provided 24 hours a day. Some areas covered include the review of contracts, tax audit services, motor vehicle services, preventive legal services, trial defense services, legal shield, and for an additional $10 monthly fee, protection against identity theft.
The company has a proven track record. They have been in business for over thirty years, and they have been a publicly traded company on the New York Stock Exchange since 1976. So if anyone says that this program is a scam, they are speaking out against some pretty strong statistics. But that does not necessarily equate to profits for associates. So let's take a closer look at the Prepaid Legal Compensation Plan.
The compensation plan starts when one becomes an associate. The cost was previously a flat fee of $249, but as of this writing, this has been reduced to $99. That is in addition to the monthly fee for the legal services, the ongoing purchase of which is required to earn commissions.
This is a network marketing business opportunity. The company recommends that you begin growing your business by recruiting one new associate each month. If this duplicates within your down line, you could rise through the ranks of Associate, Senior Associate, Manager, Director, Executive Director, and be earning as much as $16,000 a month within a year's time, just for referring twelve new people to the business opportunity. And there are many additional bonuses offered along the way.
But let's look at where the Prepaid Legal leads will be coming from. Network marketing companies traditionally recommend recruiting through a word of mouth approach. It is true that if you recruit a handful of new associates, who do the same themselves, and so on, you will be able to make significant profit within your first year with the Prepaid Legal compensation plan. But finding an associate that will do the same work that you just did and not quit often turns into a massive numbers game.
You don't just need new associates on your team, you need quality ones who will do some work, and you may run out of contacts before you find enough of them. The solution to this problem is NOT in buying lists of leads to contact. Those lists are often filled with wrong numbers, people who hang up on you, and all the most unqualified prospects you can imagine.
The solution lies in learning professional marketing strategies, the kind that professional businesses use every day. And your most cost-effective solution would be to use Internet marketing to get those Prepaid Legal leads for free. I normally recommend an Internet marketing system that is designed specifically for network marketers, such as the one listed below. A system such as this will provide advanced marketing training, and a sales funnel to generate leads for free that are actually coming to you already interested in what you have to offer. That is a much happier game to play than cold calling leads or chasing uninterested friends.
So is there potential profit in the Prepaid Legal compensation plan? Absolutely. The services are sound, and the compensation plan is potentially quite lucrative. But for most people the money starts rolling in only after they are ready to take the business to a professional level, by going beyond their warm market and learning how to market like a real business owner.
Learn The Secret Techniques That Will Get You 10-30 New Leads A Day For Your Prepaid Legal Biz - Prepaid Legal Internet Success Plan
Get More Marketing Tips From The Author At Prepaid Legal Leads

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