Saturday, March 21, 2009

Difference between the $49.00 and the $249.00 Pre-Paid Legal compensation plan

(My orginal blog post at: http://www.signupandmakemoney.com/blog/2009/03/difference-between-the-4900-and-the-24900-pre-paid-legal-compensation-plan/)

Pre-Paid Legal recently came out with a new compensation plan in 2009. I just wanted to quickly go over the differences between the old $49.00 start up fee verses the new $249.00 start up fee. We'll start off with the old start up plan.

The $49.00 Pre-Paid Legal plan:

If you decide to start your home based business with Pre-Paid legal at the $49.00 level you would get the standard welcome kit with applications, brochures, and the success CD. You would also get one month free of owning an affiliate Pre-Paid Legal website and be able to use a Pre-Paid Legal commercial phone number via Televox.

When you sign up your first recruit with a membership you'll immediately get promoted from a Junior Associate to an Associate and earn $69.14 on your first sale. To get promoted to the next level in your Pre-Paid Legal business you would only need 3 Junior Associates to get promoted to a Senior Associate.

To give you an example of how much money you would make on your next 10 sign ups, considering you already signed up one Associate with a membership, would look like this: 10 x $69.00 = $690. Not too shabby.

The $249.00 Pre-Paid Legal plan:

If you believe in Pre-Paid Legal's products and services enough to know that starting a home based business with them is the only way to go; I would definitely take advantage of the $249.00 compensation plan then. It's also a good idea to take advantage of this business opportunity if you know a lot of people you can introduce Pre-Paid Legal to.

With the $249.00 plan you will get a business builder's kit, versus only a welcome kit. This includes a Getting Started Right book, an Audio Training Program (3 CDs), applications, brochures, a success CD, 3 recruiting DVDs, recruiting CD, 3 months of a free affiliate website, and 3 months using a commercial Pre-Paid Legal phone number via Televox. That's a lot of things you'll get. Pre-Paid Legal does this because if you're willing to invest at the $249.00 level, this probably means you will take the business a whole lot more serious than the member who signs up at the $49.00 level.

Now let's take a look at how much you will earn off your first sale. When you sign up your first Associate with a membership you will be immediately promoted to a Senior Associate versus only an Associate at the $49.00 level. Because of this promotion you will earn $138.27 on your first sign up. That's $69.13 more than someone who signs up at the $49.00 level. To get promoted to a Manager, you'll only need 3 Junior Associates and 1 Senior Associate under you. Then you will be making $172.84 a sign up.

Let's take a look at your next 10 sign ups once you've signed up your first Associate with a membership. That would be 10 x $138.00 = $1,380.00 versus only $690 with the $49.00 plan. That is $690 more you'll earn at the $249.00 level.

There's one more thing I should let you know. If you sign up one Associate with a membership and then sign up one more additional membership. Your $249.00 fee to get into your Pre-Paid Legal business has now been paid back. $138.00 x 2 = $276.00. This means you'll be in profit after your first two sign ups. It can't get much easier than this folks.

If you like what Pre-Paid Legal has to offer, feel free to take a look at my other recommended business opportunities to join and let me know what you think.

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