any of those companies like Primerica, YTB or any of those scam companies that requires you to pay in order to work for them?
Has anyone here worked for...
- Thread starter EntertainmentMan2000
- Start date
Went to one of Primerica's recruiting meetings when I was about 18 (a friend begged me to at least hear them out). Decided that the company wasn't very credible in its hiring practices when I was told how much money I would make, and how 'good' I was for the job. All before he knew whether I could add 2+2. The person that brought me stuck with it part-time for about three years, made nothing worth mentioning, and that was that.
I guess I was 'perfect for the job' because I had taken step one; I was a big enough sucker to show up to the meeting.
I've actually heard stories of people who have been so taken by all of their promises that they have left their jobs to pursue Primerica full-time.
I guess I was 'perfect for the job' because I had taken step one; I was a big enough sucker to show up to the meeting.
I've actually heard stories of people who have been so taken by all of their promises that they have left their jobs to pursue Primerica full-time.
All I can say about Primerica is how is it a scam? How many of you really know and been to one? Please explain how this scam works
Getting invited to a meeting by someone you know or whoever, is the same as inviting your friends for a soft opening when you open.. say a restaurant is it not? You decide whether you like the product or not, noone forces you.
Even if its a stranger you meet on the street, is that still not consider networking or just being sociable and possible a new friend?
I've been to the meetings and met many people within the company, FT/PT. Noone ever promised me anything or forced anything on me. The job IS a sales job.
IMO, they did a good job showing what the company is about and how it works. Which is all they do. The rest is up to you.
How is it bad to have real people live talk about their experiences? They are telling you about themselves and what the rewards can be, not you WILL make this much just by joining.
This IS a Sales job in the Finance industry, just like any biz that sells insurance, bonds etc.
To make money, just like other sales jobs, you need to SELL something, insurance or whatever. Noone earns anything when you sign up.
If you havent figured this out by the time you finish the meeting/seminar, then i'm sorry, you might just be a bit slow. And definitely will not make no money and call it a scam cuz you didnt know what you signed up for.
Sure there are people who gave up their jobs to do this FT, but thats their own decision is it not? Just like changing a job or career.
If you found you are good at something thats not your regular job and can be in a better position in your life as a whole, you wouldnt go for it?
If you are a salesperson or maybe just even a good talker, then you more than likely is fit for this position. Anyone else, who knows what you can do with a little teaching and motivation.
I am certainly not a salesperson, actually dont like most, no interest in becoming one. I decided to join not to learn to sell, or make $$$, but for other reasons that I felt I can benefit from at the time.
Was involved for about a month, met many people with much more $$ than me during that time. Now I dont know about anyone else, but I dont often meet and conversate with strangers who are in a bracket way higher and will talk to you about their experiences and spend their time to teach you how to better yourself.
Got a full refund minus the fee for using their system for the month. Is that how they make their money on this scam?
Getting invited to a meeting by someone you know or whoever, is the same as inviting your friends for a soft opening when you open.. say a restaurant is it not? You decide whether you like the product or not, noone forces you.
Even if its a stranger you meet on the street, is that still not consider networking or just being sociable and possible a new friend?
I've been to the meetings and met many people within the company, FT/PT. Noone ever promised me anything or forced anything on me. The job IS a sales job.
IMO, they did a good job showing what the company is about and how it works. Which is all they do. The rest is up to you.
How is it bad to have real people live talk about their experiences? They are telling you about themselves and what the rewards can be, not you WILL make this much just by joining.
This IS a Sales job in the Finance industry, just like any biz that sells insurance, bonds etc.
To make money, just like other sales jobs, you need to SELL something, insurance or whatever. Noone earns anything when you sign up.
If you havent figured this out by the time you finish the meeting/seminar, then i'm sorry, you might just be a bit slow. And definitely will not make no money and call it a scam cuz you didnt know what you signed up for.
Sure there are people who gave up their jobs to do this FT, but thats their own decision is it not? Just like changing a job or career.
If you found you are good at something thats not your regular job and can be in a better position in your life as a whole, you wouldnt go for it?
If you are a salesperson or maybe just even a good talker, then you more than likely is fit for this position. Anyone else, who knows what you can do with a little teaching and motivation.
I am certainly not a salesperson, actually dont like most, no interest in becoming one. I decided to join not to learn to sell, or make $$$, but for other reasons that I felt I can benefit from at the time.
Was involved for about a month, met many people with much more $$ than me during that time. Now I dont know about anyone else, but I dont often meet and conversate with strangers who are in a bracket way higher and will talk to you about their experiences and spend their time to teach you how to better yourself.
Got a full refund minus the fee for using their system for the month. Is that how they make their money on this scam?
my cousin started with that a year or so ago,
changed his life around....
seems to work or him,
but
OMFG he get annoying everytime i see him he keeps asking us to change everything over to him/them
.
changed his life around....
seems to work or him,
but
OMFG he get annoying everytime i see him he keeps asking us to change everything over to him/them
.
^yeah, i'd believe that amber-jade... he probably goes on discussion boards and posts defences like milhouse, too... 
lol, defence? Why reason would I need to defend them?
Is that how you read it? Thanks for proving my point about dumbasses who cry scam cuz they dont understand what they hear/read.
Again I ask, explain how this scam works?
You 2 can continue to quickly make negative comments about something you dont know about with nothing to back it up or make accusations about me, but it is what it is and ppl can decide who/what is real or not themselves.
But hey thats ok guys, we already know hunter is a post whore anyways
Is that how you read it? Thanks for proving my point about dumbasses who cry scam cuz they dont understand what they hear/read.
Again I ask, explain how this scam works?
You 2 can continue to quickly make negative comments about something you dont know about with nothing to back it up or make accusations about me, but it is what it is and ppl can decide who/what is real or not themselves.
But hey thats ok guys, we already know hunter is a post whore anyways
Just 1 last thing to the OP to make things clear.
You do not pay to work for them. You pay for a licence to work for yourself, an independent business, just like a mortgage broker need a license
You do not pay to work for them. You pay for a licence to work for yourself, an independent business, just like a mortgage broker need a license
Insurance and Investment counciling companies that use this technique are after a couple of things:
1) your up front money. Charging you $250 - $X,XXX for an "education" in how to sell the products is direct income for them. Put simply, they are in the business of recruiting people, not in the business of selling product.
2) your small circle of family and friends. Most people who get invovled in these types of things sell product only to immediate family, friends, or direct contacts. The idea is that it would be too expensive (and likely not successful) for the companies to try to market down to these people. But with you out there pushing your family members, maybe they will buy (even if it is really a lousy investment, which often appears to be the case).
Basically, when you see a situation where more money is made by dragging new people into being "sales reps" and less money is made actually selling product, you should know it isn't a very good deal. Amway (whatever they call themselves these days) is exactly in this model, making everyone a "distributor" and the only real money is made not selling product retail, but pushing it off to your sub-agents. While some people do get rich, most people sell a few bottles of soap a year and don't make enough money to buy a case of beer.
my suggestion: turn and run.
1) your up front money. Charging you $250 - $X,XXX for an "education" in how to sell the products is direct income for them. Put simply, they are in the business of recruiting people, not in the business of selling product.
2) your small circle of family and friends. Most people who get invovled in these types of things sell product only to immediate family, friends, or direct contacts. The idea is that it would be too expensive (and likely not successful) for the companies to try to market down to these people. But with you out there pushing your family members, maybe they will buy (even if it is really a lousy investment, which often appears to be the case).
Basically, when you see a situation where more money is made by dragging new people into being "sales reps" and less money is made actually selling product, you should know it isn't a very good deal. Amway (whatever they call themselves these days) is exactly in this model, making everyone a "distributor" and the only real money is made not selling product retail, but pushing it off to your sub-agents. While some people do get rich, most people sell a few bottles of soap a year and don't make enough money to buy a case of beer.
my suggestion: turn and run.
I have no problem with them 'selling themselves'. The problem I have is when they prey on young people (or people who 'need a break'). I was 18 (and I knew someone who tried it at 16!) and was working a part-time job while in school with plans of post secondary education. I don't think it's a good move for a company to tell impressionable kids to close off all other options and listen to them. My job was referred to as a 'J.O.B." (aka Just Over Broke), and they tried to convince me that Primerica was better than any other dream I had.
I also know people who have done well with them, but believe me if they, or any other company, was to walk up to your kids (no matter the age) and tell them to drop everything because they will make them rich (which nobody can or should promise) then I cry foul.
Does Primerica work? Sure it does or they would not be around. Does it work for everyone who PAYS for the training? No. Yes, post secondary training is also paid for and a risk, but at least the skills learned are transferable. Once you go with Primerica, you're kinda stuck with them.
I ain't saying their frauds, but their recruiting tactics are heavily based on false premises.
BTW, like Lisa said, they also have this penchant to be overly pushy.
I also know people who have done well with them, but believe me if they, or any other company, was to walk up to your kids (no matter the age) and tell them to drop everything because they will make them rich (which nobody can or should promise) then I cry foul.
Does Primerica work? Sure it does or they would not be around. Does it work for everyone who PAYS for the training? No. Yes, post secondary training is also paid for and a risk, but at least the skills learned are transferable. Once you go with Primerica, you're kinda stuck with them.
I ain't saying their frauds, but their recruiting tactics are heavily based on false premises.
BTW, like Lisa said, they also have this penchant to be overly pushy.
BoringBob, I dont disagree with your point, but I just dont see where ppl can earn all this money when you can simply walk away with a refund if you dont like it. Upfront money as you call it. Yes I know the upfront money is how most scams work. But again noone makes any off this upfront money when someone signs up. i believe it was $100 with Primerica for an IBA/upfront money.
Toke: I totally feel bad for your experience. You obviously was lead on by someone who was only interested in benefiting themselves. I had heard quite a few stories such as yours thru research beforehand and thru live people. Telling you its a JOB when you dont get paid for working and to drop everything else is totally wrong. I dont know if you're experience was with 1 person or everyone you met at the meeting told you all this, but I can only say my experience is the exact opposite. And everyone who told you all this to convince you to sign up, is definitely a scammer.
And yes i definitely agree some can be pushy, but i just consider them as any other salesperson that tries to sell you something.
Believe me, I had though of all the same negative things you have all said and had done the research myself. But overall, I cant say I had a bad experience the short time i was involved.
Bottom line is, If you are not a seller, I probably wouldnt bother.
Toke: I totally feel bad for your experience. You obviously was lead on by someone who was only interested in benefiting themselves. I had heard quite a few stories such as yours thru research beforehand and thru live people. Telling you its a JOB when you dont get paid for working and to drop everything else is totally wrong. I dont know if you're experience was with 1 person or everyone you met at the meeting told you all this, but I can only say my experience is the exact opposite. And everyone who told you all this to convince you to sign up, is definitely a scammer.
And yes i definitely agree some can be pushy, but i just consider them as any other salesperson that tries to sell you something.
Believe me, I had though of all the same negative things you have all said and had done the research myself. But overall, I cant say I had a bad experience the short time i was involved.
Bottom line is, If you are not a seller, I probably wouldnt bother.
milhouse said:BoringBob, I dont disagree with your point, but I just dont see where ppl can earn all this money when you can simply walk away with a refund if you dont like it. Upfront money as you call it. Yes I know the upfront money is how most scams work. But again noone makes any off this upfront money when someone signs up. i believe it was $100 with Primerica for an IBA/upfront money.
Toke: I totally feel bad for your experience. You obviously was lead on by someone who was only interested in benefiting themselves. I had heard quite a few stories such as yours thru research beforehand and thru live people. Telling you its a JOB when you don't get paid for working and to drop everything else is totally wrong. I dont know if you're experience was with 1 person or everyone you met at the meeting told you all this, but I can only say my experience is the exact opposite. And everyone who told you all this to convince you to sign up, is definitely a scammer.
And yes i definitely agree some can be pushy, but I just consider them as any other salesperson that tries to sell you something.
Believe me, I had though of all the same negative things you have all said and had done the research myself. But overall, I cant say I had a bad experience the short time i was involved.
Bottom line is, If you are not a seller, I probably wouldnt bother.
I agree with everything you said. The person(s) responsible with painting my image sucked. But in the company's defense, I know more than one person who has done well with them. I also believe that I could have done well within the company, but I just hate that those who are not as critical as me can get scammed.
It's a business with a bad product where the only way to make real money is to persuade other people to push the bad product. By definition most people who join will not make a lot of money--the system DEPENDS on most people not making a lot of money.
Yes to make money doing this it is a sales job, but what do you have to sell to make money? Not the product. The job. You have to be good at selling the JOB to other people in order to make alot of money.
Is it a scam? Well legally no. Ethically? Probably.
Yes to make money doing this it is a sales job, but what do you have to sell to make money? Not the product. The job. You have to be good at selling the JOB to other people in order to make alot of money.
Is it a scam? Well legally no. Ethically? Probably.
Anybody have any experience with Edward Jones?
My wife has been downsized out of her job, and they approached her after reading her resume on Workopolis. I see there offices everywhere.
My wife has been downsized out of her job, and they approached her after reading her resume on Workopolis. I see there offices everywhere.
i could be wrong but i think the primary money-maker here is the "fee" you pay for the "training". without it i don't think these types of companies have legs. i have no problem with their sales rep but the method they use is annoying. i have encountered a few and believe it or not i got the "this could be your ticket to graceland" type of speech.
i know of a certain friend who now has a fake smile and goes to parties and end up selling / recruiting. how low can you be?
i know of a certain friend who now has a fake smile and goes to parties and end up selling / recruiting. how low can you be?
I have a cousin who lost his job a few years ago and turned to Primerica. You couldn't believe how brainwashed he became. He lost contact with most of his relative family because he wouldn't stop harrasing everyone to buy insurance.
I agree, it depends on the individual, but preying on financially desperate people and impressionable young, probably uneducated individualks, is no short of a scam.
These are interesting reads.
http://en.wikipedia.org/wiki/Multi-level_marketing
http://en.wikipedia.org/wiki/Pyramid_scheme
I agree, it depends on the individual, but preying on financially desperate people and impressionable young, probably uneducated individualks, is no short of a scam.
These are interesting reads.
http://en.wikipedia.org/wiki/Multi-level_marketing
http://en.wikipedia.org/wiki/Pyramid_scheme
