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If you're being prospected by someone from Pre-Paid Legal, you've no doubt been told by that person that Pre-Paid is listed on the NYSE. While it is true that a New York Stock Exchange listing has historically been a globally recognized signal of strength and leadership, we know from recent experiences that not all companies listed on the NYSE are strong OR have good leadership! Think Enron, AIG, General Motors, Chrysler and the list goes on and on! Are these all good solid companies with strong leadership? Ahhhh, no! So personally, I no longer give much credence to a NYSE listing. Good Leadership And Sound Business Practices Pre-Paid Legal is, in my opinion, a good strong company with solid management and excellent leadership that not only has a good reputation in the MLM industry but is also highly respected within the business community as a whole. A less obvious but maybe more relevant inquiry, would maybe be this: If I become a PrePaid Legal Rep, can I do it and can I make any money? Despite what someone may tell you, Pre-Paid Legal is not for everyone!Youre better positioned for success in Pre-Paid if you have some background in sales & marketing. An insurance sales or similar background will give you an advantage in marketing the membership program, especially in their group or small business sales. Without sales & marketing experience, building a team of independent sales reps is the only other way to go! While Pre-Paid talks about becoming a household word and one day everyone will own a Pre-Paid Legal plan, the company is actually a long, long way from either one of those much talked about potentialities! Some due diligence will reveal that both membership sales and new associate enrollments were both down slightly at years end, 2008, according to Yahoo Finance. PrePaid Legal's member sales have remained relatively consistent at about 1 1/2 million memberships sold for a good many years now. The fact that sales have not broken the 2 million member mark does not bode well for PrePaid becoming any type of a viral marketing phenomenon anytime soon! Until then, Pre-Paid Legals membership plan remains a viable product in the marketplace for anyone with enough stick-to-it-ive-ness to stay the course until they either build a large Network Marketing organization or sell enough memberships to create that sought after MLM residual income! I also think it's a hard sale since most people live their lives having never felt the need to use an attorney, except for the obvious divorce etc. Therefore they fail to see the value in owning a membership with a monthly fee attached that provides them with access to an attorney for a variety of resons! So the question remains, Is Pre-Paid Legal A Good Opportunity Or An MLM Company Whose Time Has Come And Gone? I like Pre-Paid Legal and think its a good company with a good MLM Business Opportunity for those people who possess the qualities I mentioned above. Are there other MLM companies with business opportunities that are easier and more fun to do than PPL and potentially offer greater income possibilities? I would have to say "Absolutely!" If you bookmark the articles page you'll have access to lots of information on MLM companies and top income earners in the industry. About The Author:
Article Source: http://www.bharatbhasha.net Article Url: http://www.bharatbhasha.net/multi_level_marketing.php/213975 Article Added on Friday, February 12, 2010
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