Legal Shield Scam, is it true? Let’s find out in this Legal Shield Review
Legal Shield is a network marketing company that retails a pre-paid legal membership through a direct sales approach. This approach is similar to a medical HMO type model in that members pay a fee to have access to law firms when they have a legal need that arises. Members receive a toll-free number to call to discuss anything from a contract issue to preparing a will, and there’s much more. The associate who sells the membership makes a commission. Many people hear the term network marketing and associate it with being a pyramid scam. So is this a Legal Shield scam or a real opportunity to make money?
Network Marketing And The Legal Shield Scam
The network marketing industry seems to have a negative reputation because of the high failure rate. Legal Shield is no different. So if people are leaving Legal Shield without being successful, it can’t be a real opportunity to make money right? It’s got to be a Legal Shield scam…
Well hold on…that’s not necessarily true. If you look at the failure rate of businesses in general, it’s said that 90% of businesses will fail in the first five years. But here is something even more startling. A study by Dun and Bradstreet found that “90% of small businesses that fail do so because of a lack of skills and knowledge on the part of the owner.” Now that gives you something to chew on for a minute, before you start ranting about a Legal Shield scam.
If It’s Not A Legal Shield Scam – What Are The Benefits?
Here’s the GREAT thing about a Legal Shield business. You are in business for yourself, but not by yourself. Legal Shield has a system that teaches you the basic skills you need to start a successful business. The training materials you receive contain business basics to get you off to a good start. The education materials the company provides will give you the knowledge you need to give strong presentation skills to close your prospects. Your upline leaders will be guiding you every step of the way to help you be successful. There are team meetings and conference calls that you can attend to learn from others that are enjoying success as well. You can also stay updated on the latest skills and knowledge to help you remain successful. If you listen to your upline leaders and follow their advice, you do not have to worry about being one of the businesses that fail. You can concentrate on being one of the businesses that succeed and you will know first-hand that those you hear complaining about a Legal Shield scam were just people that failed to do the work.
How Long Has This Legal Shield Scam Been In Business
Another reason some people are wary of Legal Shield is because it has been around so long. Before it was recently rebranded as Legal Shield, the company was known as PrePaid Legal for the past 40 years. There is a common misconception that you can only succeed in network marketing companies when you are on the “ground floor” – when a company is just starting. Pre-Paid Legal started 40 years ago – that is hardly ground floor in 2011. Market research shows that when an industry hits 2% market penetration, “critical mass” is achieved (also known as saturation). Legal Shield (formally PrePaid Legal) is only at 2/10 of 1% market penetration. As the original founder likes to say, they’ve barely scratched the scratch of scratching the surface of the opportunity. Many people still don’t know what pre-paid legal services are or what the benefits are to them. There are plenty of opportunities for a Junior Associate to quickly move up the Legal Shield ladder and achieve any level of success they want, all the while disproving the Legal Shield scam rantings.
Conclusion On The Legal Shield Scam Debate And Your Success
We’ve concluded that there is NO Legal Shield scam going on here. It’s a legitimate business opportunity that offers you the training and support that you will need to run a successful organization. The main problem faced by most Legal Shield reps and those that fail is learning how to generate endless leads to present your business opportunity to and hence why they start to accuse there’s a Legal Shield scam when they cannot sponsor anyone into their business.
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Regardless if you decide to join Legal Shield or not, I really hope this Legal Shield review was helpful in guiding you on your way to success and helping you realize this is NO Legal Shield Scam.
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