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re: Is Primerica a pyramid scheme?

Posted on 5/24/12 at 10:33 am to
Posted by RonFNSwanson
University of LSU
Member since Mar 2012
23189 posts
Posted on 5/24/12 at 10:33 am to
quote:

This.

Had a friend put his foot in the water with Primerica and was trying to get all of his friends involved. From what I understand, he had to get so many people involved before he actually started making money.

If I remember correctly, he told me that he had to get X amount of people signed on and once he hits that number he would start making so much from all of his other sales, but it was more like "all you have to do is get X amount of people to join and then everything after that is big money". He got kind of pissed at me when I said "so basically they use you to get your friends and family signed up and if you want to really work your way up you have to go out and hit the pavement?" He didn't last 3 months.

As for as the product they offer, I am not sure if it is complete garbage, but the model they use seems very cult like.




Same for me. I had a friend go to the meetings, came back with all these charts explaining the processes. It was a bunch of BS
This post was edited on 5/24/12 at 10:34 am
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