i just started with this company and i love it, what do you think about it ?
2007-02-28 04:38:39 · 6 answers · asked by live in the magic of life 3 in Business & Finance ➔ Careers & Employment
I've been in the company just over 3 years now and I think its awesome business opportunity. The things you can do to help people is amazing. For example, getting people out of debt is the most noble thing a company can do.
When it comes to life insurance, lets say all the life insurance companies like to bad mouth Primerica because they keep selling cash value life insurance while we sell term insurance and take their clients away. And so those life agents go on websites and post bad stuff.
Hopefully you will get fully licensed in the next 6-12 months. When you pass your life exam, you should put in your U4 form immediately and study for your Series 6 & 63 exam. You don't want to wait a long time to get your securities license. Three weeks ago, someone in the company got paid $897,000 by doing a $52 million rollover and the company can never take that money back! Is that likely going to happen to you? Probably not, but there's lots of people who have lots of money to move. Investing people's money has been made easier when Primerica bought the Morningstar Program, which does a full diagnostic of investments, compares client's investments to investments offered by PFS, and shows you how to allocate people's money. Its really simple to use and it doesn't cost you anything. If you were to purchase the Morningstar by yourself, it would cost you at least $2000/year to use it.
Anyway, while you are super excited about your opportunity right now, the road ahead of you will be tough. You might not make any money for awhile, but you have the power to change that by getting more active in the business. Sometimes you going to ask yourself, "Why am I even doing this?" Sometimes you going to hear bad things about Primerica and you should prove them wrong by backing it up with facts. It is your business. Why would you let anyone bad mouth your business?
Good luck in the business and always know there is a full support system to help you in any task.
2007-02-28 07:12:34 · answer #1 · answered by Anonymous · 4⤊ 0⤋
It is a good company, Started by A.L. Williams. The company prime belief is that people do better if they buy Term Insurance and invest the Difference of Term vs. Wholelife, in mutual funds, the stock market, CD.
At the time I was introduced to it, the company was not set up to in house invest the savings of clients. Most clients don't know their A*** from T*** when it comes to putting money aside. If this problem is cured I need to reconsider.
The IRA investment rules, mutual fund companies rules, all make it hard on your clients to do what is best for them.
2007-02-28 12:50:04 · answer #2 · answered by whatevit 5 · 0⤊ 0⤋
Not to try to dissuade you, since you just got started and such, but I didn't get a good feeling when they tried to recruit me a few years ago. Commission only basis, my upstream using my contacts to generate their commissions, me having to spend a lot money early on to make money somewhere down the line.
In any case, good luck.
2007-02-28 13:13:04 · answer #3 · answered by CMass Stan 6 · 0⤊ 0⤋
I've heard of it. Isn't it insurance? I think a friend tried to sell this to us a few years back.
2007-02-28 12:46:28 · answer #4 · answered by child_n_light 2 · 0⤊ 0⤋
I think it is a very hard sell..... Many people do not do well in it
2007-02-28 12:44:55 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I think that it is a big Scam. It is a pyramid Scam. Don't do it!
2007-02-28 12:47:04 · answer #6 · answered by everythingszenidontthinkso 3 · 0⤊ 1⤋