Primarica Financial Services

I’ve started another at home opportunity, but until I’ve fully explored it’s potential growth or failure I’ve decided to not speak of it. So, I’ve elected to bring up another past experience, Primarica Financial Services.

Ok, Primarica is not exactly a work from home job, but it does work in much the same way. It’s sort of a Job/Work-from-home hybrid. Sure, you don’t get to stay home and you will need to go out at night to get recruits, make sales, and go to opportunity meetings (opt nights). Opt Nights are one night a week when you bring your potential recruit out to the office to learn more about the opportunity of joining the company.

I did this business for a little over a year, and the fact of the matter is if you can find the right person to join under and they have an office that follows the system properly this business does work and there is potential for explosive personal growth if you can effectively devote yourself to following the system.

So, now you’re asking, “if this business has so much potential and does work, how come it didn’t work for you?” That’s a very good question, and believe me it’s a question I’ve debated with myself many times and the answer deeply frustrates me, because the system works, but some times people fail you.

There is a reason why I mentioned earlier the importance of finding the right person to join under and that their office follows the system properly. It’s because, if one or both of these factors are not met, there is a great potential for your failure.

The man that brought me in to the business was my first misfortune. His whole persona felt that of a used car salesman. Everything from his smile and the way he dressed to the way he talked and the half-truths that spilled from his mouth he just felt untrustworthy, but I was able to see past him to the potential of the system and joined despite his character.

I was later met with an obstacle. I worked for another financial institution at the time I tried to join and thus I was rejected the first time I attempted to join the company because it was a conflict of interest, but I truly seen the potential of the company and I elected to quit my job. Now just to give you some perspective into the situation I was placing myself in. I had just quite my job to join a company that hadn’t yet approved me, so essentially I was jobless. I was not wealthy in the least in fact at the time I was living pay-check to pay-check and the loss of just one pay check was enough to place my family in a serious bind and that’s not all, my wife was pregnant with our first child.

Now, I needed to get started and fast. I was soon approved, which meant I could begin my training which included a two week course, and start recruiting others to the business. Before I went to the course I already had 2 recruits. I even took one of my recruits to the course with me. I got my insurance licence and finally I was able to sell products and make money and this is where everything fell out from under my feet because of a poor trainer and poor office leadership.

My upline (the guy that brought me into the business), started taking me to see people (my family and friends) to show me the business and how to sell products. After a couple nights of this the reaction from my family and friends was that this guy felt creepy and untrustworthy.

So I went to my RVP (Office manager) and asked to be trained by someone else, and my RVP decided to train me, which I was very excited about, but unfortunately this didn’t work out either since she short changed me by taking me out on only one appointment and even she admitted at the time that the way she was doing the appoint wasn’t the proper way of doing it. So I was then sent out on my own to make money.

Needless to say I failed miserably. I made 2 – 3 sales got about 5 – 6 recruits (which was great), but the one sale I made, which was a huge commission ended up backing out and I needed to pay back the money I was paid, this ultimately was my doom in the business.

By the time I received the money I was desperately in need of the money and I was forced to use it to pay up bills. When I was left with such a large balance owing back to the company, I started making more sales trying to save myself, but each sale went to paying back the company and I was making no money which started to strain the safety of my families financial well being.

Ultimately, I was unable to keep in the business, because I could not afford to pay the business back the money I owed and feed my family which forced me to go back to work and eventually because of the length of time that passed with me owing a balance to the company they had to let me go.

In the end I place most of the blame on my RVP for a lack of proper training, and I high recommend that anyone considering joining Primarica Financial Services to as some important questions. Ask about a man named Ray Young, his base shop is in Oshawa, Ontario. And ask to be trained in the same way he trains his people.

It was shortly before I had to leave that I learned about Ray Young and his system and let me just say that, if I were to do it all over again I would move my family to Oshawa just to be in his base shop.

He trains his people to recruit first. The base shop I was in taught sales first. It is easier to recruit someone then it is to sell to someone. He trains people on how to make money before they ever quit their job. All said, his system is the right system and if the base shop you are looking at joining is not doing it his way, they are not doing the system right and you should not join them, unless they are willing to train you the Ray Young way.

Overall Rating for this Opportunity: 7/10

I believe this opportunity is a very viable one and as long as you find the right people to train you and mentor you through the system, you can make a lot of money and completely change your families lives, but you need to be wary of offices and people that are too lazy to train their recruits properly.