The difference between Primerica and most other MLM companies is that Primerica is asking you to sell great products that people actually need. I dont work for them but I did use them to help secure my financial future. I also learned a lot from them before deciding to use them to invest.
Of course they talked to me about joining the company. I didnt do it because it sounded like a job I would not enjoy, but I still believe its a great opportunity for the right type of person.
yeah, that's messed up. friends shouldn't get involved in business together. if it doesn't work out, the friendship is destined to fall apart.
Somebody tried to recruit me for Primerica. When I found out it wasn't actually the person I spoke to that would make recommendations, but some accountant I never even met downtown, I got turned off.
I went to one of their regional meetings. They are a typical MLM scheme and I don't trust MLM's whatsoever.
Im not an expert on it or anything and I dont really know how the MLM aspects of the company work. I just know that people need the products that they are selling and most people dont realize it.
People need good financial planning by an accredited person, I agree
they don't NEED Primerica per se. But Primerica is very good at convincing you that you NEED to join them.
Damn. I just read this as me and my friend of 15 years are going to start working together starting a flooring company. Lol we will be on our first job together in 30 minutes.
I'm not worried about it though. We've been best friends for a lonnnnnnng time and have never argued and seem to always be on the same page. This is the only person I've ever lived with and had no issues.
Wish us luck!
I agree. I think were on the same page.
We would probably disagree on the fact that I believe its a great opportunity for the right type of person, but I could see the argument both ways.
good luck!
You can read up on articles about self-managing groups. These are groups with no formal hierarchical structure. In a hierarchical structure, the legitimacy of power becomes an easy way to dictate work flow and have control over productivity and business decisions. But in the absence of such structure, you're left with a set of completely different dynamics.
I am starting my masters in Organizational Development and know a thing or two about process consultation. I even TA'd for a class called "working in task groups" in which groups of 8 were formed to put together a big presentation at the end of the semester. My job was to observe them, analyse the group in terms of their interpersonal processes (how decisions are made, power dynamics formed through pairing, emotions in group, level of involvement, patterns of interaction, influence of physical environment on the group etc.) and provide a detailed report to the professor after each class. I also had to read and grade their logs where I got feedback of their personal experiences. I tell you what man, so much frustration and emotions are left unsaid, and that creates so many obstacles. Things eventually blow up as I've experienced it as a TA and it can get ugly. But before that happens, everyone collectively agrees that everything is so rosy and wonderful. But when I read their logs, it is anything but.
I had to intervene to get them back on track or even provide one-on-one coaching to help them out. Overall my teams outperformed other teams as they learned to understand their processes better, but my interventions created a sense of dependency over me which moves away from the self-managed group dynamic, towards a "What does Seb want us to do" hierarchical structure. What I'm saying is even for someone like me it is very difficult to gauge.
I'd be more than happy to suggest readings on how to improve self-managed groups, although I am not sure if a group of two constitutes a self-managed group (there are varying theories or schools of thought on that). My main suggestion is to keep communication open, clear and honest at all times. Don't keep anything packed in, and if the other person reacts emotionally, don't take it personally. Easy to say and harder to do, I know.
I mean...I have an MBA where I had to take advanced courses in accounting, finance, economics, statistics, marketing, etc. Plus I've been working in business for 20 years. And I'm looking at this levels, structure, compensation chart or whatever you want to call it from my brother in law's company and it looks like nonsense that someone just made up. It's like...the scientology of business or something.
http://www.ganolife.us/mywebsite/site_templates/ganolife006/assets/dox/BonusPlanOverviewEng.pdf
People need good financial planning by an accredited person, I agree
they don't NEED Primerica per se. But Primerica is very good at convincing you that you NEED to join them.
My old man took an early redundancy and went into MLM. Has made 6 figures (plus cars paid for, OS trips etc) for decades, now basically retired and collecting residual income.
The basic principal is sound and makes a lot of sense.
Not all strawberries and cream, mind you.