“Pre-Paid Legal Services, Inc., was formed in 1972 by Harland C. Stonecipher.
“It was started all because of an accident … since that time, the product has evolved steadily over the years into one of the most comprehensive legal service plans in the industry.
Company mission is making a difference while making a living, and with the addition of the Identity theft shield Prepaid Legal Services is allowing over 1.5 million families to sleep better …
Since inception, Prepaid Legal … the leader in the industry in the USA and Canada. Prepaid Legal is traded on the NYSE, under PPD, and because of the massive market the company has experienced over 11 straight years of growth … less than a 2% market penetration. We are very excited about the future …” — Executive Leader Jason Buckner
Pre-Paid Legal Trading Symbol: PPD - NYSE
Founder: Harland Stonecipher – Chairman, Chief Executive Officer, and President of the Company
Comp Plan: Stairstep breakaway
Related posts:
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- Pre-Paid Legal (PPD) founder steps down as CEO
- Income falls at Pre-Paid Legal Services 3rd Quarter
- Market Report — In Play (PPD)
- Pre-Paid Legal Discloses SEC Inquiry
- Oklahoma Briefs
- Industry Analyst Len Clements Blasts Minkow
- Len Clements on Barry Minkow and the FDIs attack on Usana, Herbalife, Pre-paid Legal
- PrePaid Legal Announces Completion of 10 Million Dollars in Financing
- Pre-Paid Legal Services Announces 2008 1st Quarter Membership and Recruiting Results and Additional Share Repurchase Authorization
- Pre-Paid Legal Services Defeats the Shorts
- Pre-Paid Legal: Great Business Model, Few Competitors
- Pre-Paid Legal cancels its stock buy-back plan
- Strange Doings Afoot At Pre-Paid Legal
- Business down at legal company
- Pre-Paid Toll Mounts
- Verdict Hammers Pre-Paid
- Pre-Paid Legal Services Inc: Key Developments
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Over the past 30 years, I have been involved in many MLM companies. Amway, Primerica , Quarum, and others just to name a few. About 9 months ago I started my own Pre-Paid Legal business and have been very happy with the results thus far. I will tell you I believe the big difference in my success THIS TIME is because I did NOT make an emotional decision when looking at MLM’s.
You need to take a look at a couple things. First, the product or service! Is there a need (a real need) or is it just another avenue or channel for distribution of what is already available in the market place. Secondly, take a close look at the compensation and make sure it MOSTLY based on the sale of a product or service. When I say “SALE” I mean selling to customers, and not to yourself. Don’t be fooled on the old saying “Buy from your own business”. Those type of companies depend on recruiting as their major source of revenue, and commissions will be VERY LOW unless you build a very large team.
Dont get me wrong, MLM is all about building a team and growing your business using leverage, that’s not new. But if you sell a product or services, the commissions should be substantial regardless if you build a team or not.
MLM is a great way to financial freedom and stability, just choose wisely.