Even if you’ve never thought about starting your own business, now is a great time to become an entrepreneur.
Did you know that many people have found relief from the recession by launching their own business? In the second quarter of 2009, nearly one in 10 job seekers found work by becoming an entrepreneur, and the pace of new startups has skyrocketed: a 100% increase in the first quarter of 2009 compared to the previous year.1
Many had never thought about starting a business previously, but necessity led them to take matters into their own hands. Here are a few reasons why you should consider it too:
Reason #1: The workplace is changing.
Even before the recession, companies were starting to rely less on traditional full time help and more on freelance or contractors. Approximately 30% of the U.S. job market is now made up of part time or contract employees and the self employed, and many experts predict this will swell to 40% by the end of the next decade.2 So stay ahead of the curve!
Reason #2: You can keep your full time job.
The security of a full time job can be a great place from which to launch your business. You have a guaranteed income, making the risks relatively low. Maybe that’s why most entrepreneurs who launch their own businesses do so while still holding down full time jobs.3
Reason #3: It’s fun!
If you’re currently employed, you know the terrain: About half of all workers say they feel their current job is stagnant.4 If you’re bored on the job, starting your own business on the side can be an energizing and creative way to increase your income.
With all these reasons to start your own business, don’t you think it’s time you considered it? The Primerica business opportunity is a great place to start. Here, you’re in business for yourself using a proven entrepreneurial system, but you’re never by yourself – you’ll have the support of an entire company behind you!
Contact your local Primerica representative to find out more and to see if our opportunity would be a good fit for your needs.
1USA Today, September 30, 2009
2 Money, July 2009
3 Ibid
4 USA Today, September 21, 2009
In early 1999 I found myself in a very frustrating situation. I was 29 years old. I was working extremely hard as a fiber optics salesman… and I was broke. My wife and I had been married for over six years. We’d just had our first child, whom we were thrilled about, however, when it came to work, money and time, we were struggling. We started praying for a better way.
My wife received a phone call one evening from a lady she had met recently. She said that she was in training with a company that was expanding, and that we should take a look at it. She said this company, Primerica, might be able to help us. We decided to meet up with her and see what this company was all about.
Neither of us had ever even heard of Primerica and I admit we were skeptical. After about 30 minutes into our meeting with the Primerica reps, I began to realize that what they were saying actually made sense. They spoke about developing “a written program to monitor and eliminate debt, term life insurance being the foundation to your financial house, and the basics of successful investing.”
At 29, I’d never been taught these principles before. I never finished college and I had no experience with “financial stuff.” He assured me that they could help educate us about our finances. The first step would be to fill out a Financial Needs Analysis (FNA) and based on where we stood financially and what our goals were, we would see what could be done.
We met again two weeks later and went through the results. It was simple: Follow a plan to pay off credit card debts, put some term insurance in place to protect my young family (we had no insurance at that time) and find a way to make more money. They said that Primerica would teach us how to do all of the above. They would even offer us an opportunity to start part-time and show us how to build a business by teaching other people what they taught us.
I guess we were just so eager to change our lives we believed them. We paid a small start-up fee, started the training process, and moved forward in faith.
Now it’s 10 years later and I’m 40 years old. I can’t help but think about how different my life could’ve turned out.
What if I hadn’t agreed to that appointment? What if I trusted my initial skeptical feelings? What if I’d listened to several friends who insisted Primerica had to be a scam? What if I believed Internet chat rooms, unregulated Web sites, and less than credible sources?
Well, my family’s life would be a lot different. See, what’s happened in the past 10 years is that we have grown tremendously — as people and as leaders. We have built amazing friendships. We’ve helped thousands of families get back on track financially. We are financially independent and have been able to give away more money each year than we used to earn before Primerica. The opportunity turned out to be a bigger blessing that we could have ever imagined.
Primerica helps Royce enjoy the riches of family, relationships and people. Watch the video to find out how Primerica helps him “have it all.”
We now have seven offices across upstate New York and many great people working with us. We love what Primerica does for families and we love the freedom we now have. We don’t punch a time clock. Each day is our own. I’ve spent countless mornings with my children. When my son turned one, I took each Friday off and we spent the day together. We did that for four years until he went to kindergarten.
We’ve traveled together as a family to so many amazing places all over the world, and created lifelong memories. My children are so much more confident because of the “family” business. We just returned from a trip to Montreal together where we spoke to over 500 people about changing their lives through this great opportunity.
The most amazing part about that is that my 11-year old daughter spoke in that meeting about how the business has impacted her personally. Imagine an 11-year old speaking to 500 people with confidence and grace so she could impact their lives. The list of benefits of winning in Primerica is extensive.
I have found tremendous success with Primerica and so have countless others. But that is not to say that Primerica is easy. It is not a “get rich quick” scheme. It would be ridiculous to think so. But to say it is a scam, or a pyramid, is far more ridiculous. My life is proof that it is real, and there are thousands of other people around the world who would laugh just as hard at the thought of Primerica being called a scam.
The Federal Trade Commission doesn’t call Primerica a scam. Neither does the Better Business Bureau, FINRA or any of the other regulatory agencies in this country. I encourage you to check the facts and to get your information from these credible sources.
I am living proof that Primerica is real. I was a skeptic who is now a successful businessman with the freedom to live the life of his dreams. There are a lot of scams out there you should be aware of. Primerica is not, and has never been, one of them.
I think we have to create our own experience in life, and we have to move forward in faith. When we do that, put forth an honest effort, and do the right things long enough — only then can we look back and really see the “real picture.”
With today’s volatile economy, creating an emergency fund isn’t just a good idea, it’s almost a necessity. Currently, 41% of Americans have no emergency savings1, and almost half of workers live paycheck to paycheck just to make ends meet.2
Financial experts recommend having an emergency fund of at least three to six months’ savings. Primerica offers four key tips you can follow to start building a financial safety net.
1. Separate savings. One of the easiest ways families can start an emergency fund is to open a separate savings account or money market fund. Money in this account should not be withdrawn unless a true emergency – such as a major home or car repair, hospital or other large medical bill, etc. – arises.
2. Keep the change. Loose change left over from daily purchases can add up quickly. Make it a habit to save single bills and change and deposit that money into your savings account at the end of each month.
3. Keep paying yourself. As you pay off big debt or credit cards, it’s a good idea to continue to make those same monthly payments – into your savings account!
4. Earn extra cash. Start a part‑time business or work a few hours a week at a second job to beef up an emergency fund. Primerica’s Business Opportunity is a great way to do something enjoyable while padding the bank account. You can work at your own pace, on your own schedule, part-time or full-time!*
Starting an emergency savings account doesn’t have to be complicated. Save what you can and put extra away when you have it. Even starting small can make a big difference in the long run!
*In Canada, the part time option is not available in all jurisdictions and, where it is available, is subject to certain restrictions.
1 Parade, July 13, 2008
2 CNN.com, viewed October 14, 2008
