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A Week in the Life of a Pre-Paid Legal Independent Associate
By Carl Coffin
Pre-paid legal services Inc. is a NYSE company. The company is located in Ada, OK. When I decided to join prepaid legal I was attracted to the opportunity to build my business from home. I was told this business could be built spending 5-10 hrs. a week. Now, I wasn't ignorant. I knew that building any business would require a lot of my time and money to build. I was a serious associate who was also coachable. I listened to my sponsors and tried to do what it was that they said would make me serious money. I was introduced to the normal marketing approaches like building a list of my warm market, handing out two - ten DVD's a day, networking in my community, etc. From the beginning my sponsors knew I was also working a full time job. I would have to work on my prepaid legal business part time until I could transition to full time. I 'm now going to break down a week with Pre-paid legal and show you how much of my time was taken up by supporting activity's vs. Marketing (Money Making opportunity's). Day 1 - Sunday
Weekly training call 8pm - 10 pm. Marketing 5pm - 8pm. Day 2 - Monday
Day job 9:30 am - 6:00pm, Sponsor's team training call 7pm- 8pm Day 3 - Tuesday
Day job 9:30 am - 6:00 pm, Weekly opportunity meeting 7pm - 9:30 pm Day 4 - Wednesday
Day job 9:30 am - 6:00 pm, Systems training 8pm - 10pm Day 5 - Thursday
My day job 11:30 pm - 8 Pm, Marketing - 9pm to 10 pm. Day 6 - Friday
My day job 9:30-6:00 pm, Marketing - 8 pm to 10pm Day 7 - Saturday
Super Saturday Regional events 9am - 2pm I would spend a total of 7 1/2 hours a week in supporting activities. I would try to spend 9- 10 hrs. a week marketing. I was doing all this because I was trying to be coachable. My part time business was consuming close to 20 hrs. a week and with two kids, a wife and other responsibilities it was tough. This was every week, not to mention I wasn't making hardly any money using these out of date marketing techniques. I was spending money on event after event, even flying to larger events. I was encouraged to go to all the events. I was definitely not building a work at home business. All I ever wanted was a business that I could build from home while at the same time being close to my family. At the conclusion of my first year with prepaid, I made $700.00 in commissions and I spent $6,000.00 on events and live trainings, and daily operational costs.
(Not too bright, I know). At the end of year 2 I made $1,750 in commissions and spent at least another 5-7,000 on events, trainings, and operational costs. I only wish I knew now what I didn't know back then. My life had evolved into a prepaid legal lifestyle. My wife and I wanted the freedom to work from home, not kill ourselves planning our lives around pre paid legal. It wasn't until I quit building my prepaid legal business and learning how to market online that my business changed. I now have more time freedom and less stress.
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