So you?ve heard of Prepaid Legal Services, but you?re not quite sure what it is? Well, it?s exactly what it sounds like ? access to legal counsel for a low monthly premium. Many liken it to paying monthly premiums for car, health, or life insurance, which I think is a pretty smart idea given the cost of paying cash for legal services.
Their products include prepaid legal plans for individuals, families, and businesses, and identity theft protection. The standard legal protection plan plus identity theft shield will run you about $36 per month.
It?s really an ingenious idea, since the average 3-day trial in Canada would have cost you over $60,000 three years ago. I don?t know about you, but I would be extremely upset if I had to take out a second mortgage on my house just to pay some guy in a suit to ?potentially? win my case. But nevertheless, people still do it.
I?m not going to discuss whether Prepaid Legal is a legitimate business opportunity or not, because its track record speaks for itself. The company has been around for almost 40 years, and was recently acquired by branding monster, MidOcean Partners for over 600 million dollars. This firm plans on making Prepaid Legal a household name, just like most of your home, auto, and life insurance providers. Therefore, common sense says that anybody who purchases a company for that kind of money would have to be crazy unless they were planning on making a significant return on their investment.
But I would encourage you to take a look at the bigger picture. You may decide may want to begin building a Prepaid Legal business, but have you thought about how you?re going to do it? You might have it in your mind that you?re going to write down your wedding list with all your friends, family, acquaintances, etc. and start by prospecting them. Then you?ll continue by asking for referrals and doing conference calls, hotel meetings, personal relationship marketing and the like.
This approach is fine and some of the largest organizations in the entire network marketing industry have been built using this face-to-face, warm market approach. The big questions you need to ask yourself, though, are have you had success with these approaches in the past? Are they working now? Who are you going to market to once you exhaust your warm market? Are these methods going help you achieve your goals in the fastest, most efficient way possible?
I?m not knocking the ?old school? approaches because Prepaid Legal has typically been built in this fashion, and is still making a lot of people a great deal of money. I?m simply a little biased on how I like to build my business, but that?s just me.
I would strongly recommend Prepaid Legal Services to anyone looking to build a network marketing business that is poised for serious growth in the near future and with a product that just makes sense. For a low monthly cost and a low initial investment, you?re really doing yourself a disservice if you don?t at least consider what Prepaid Legal can do for you.
This Prepaid Legal Service review was written by Jason Cunningham, an expert in the field of Attraction Marketing. He combines a very effective style of online relationship building, social media, and some old school methods which creates a powerful formula for up-front growth and duplication. If you want Jason?s recipe for ultimate online success, visit Jason?s Internet Marketing Secrets now.
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