Not many people, that’s for sure. As with any multi-level marketing company, a tiny fraction of people at the very top of the recruiting pyramid make some money, and everyone else makes little to nothing.
Here are the numbers posted on a UFF agent’s website in August 2008 (click to see full size):
Read moreWho Is Making Money As a United First Financial Agent?
I ran across a blog that did a series examining Primerica Financial Services, a multi-level marketing company that purports to sell financial products. While the company does offer life insurance, investments, and other financial products, like a typical MLM… they’re really out there selling the opportunity. The name of the game is endless recruiting.
The Financial Blogger did several nice posts about the company, but this explanation of the pyramid scheme aspect of Primerica was exceptional:
Read moreThe Pyramid Scheme Aspect of Primerica Financial Services