In early 1994 Tony and Shelly Narain owned a real estate brokerage in the Stratford, CT, area. “Things were running along pretty well back then,” remembers Tony, “or at least we thought so. But then my brother came up to me one day and said, ‘Listen, I’ve heard about this company with a great opportunity. Let’s go check them out.’”
“I was really excited about what I saw,” says Tony. “I could see how we could help a lot more people and have a real residual business – something we would never have with real estate. Shelly and I weren’t scared about going out on our own because we had been doing that for years. What we were attracted to was the freedom.”
Tony and Shelly kept attending Primerica functions to find out more about the business. “That’s the part we got right immediately,” says Shelly. “We stayed plugged in – even if we were still concentrating on the real estate. We never missed a training meeting. In fact, we went to as many as six a week because we wanted to condense the time it took us to figure out the business and become successful. The beauty of Primerica is you have to put the time in to get your business going but you can do it at your own pace. We just chose to go as fast as we could.”
Tony and Shelly hit the ground running. “Things seemed slow to us at first,” says Tony “but the pace started to pick up.” By June of 1995, Tony and Shelly were ready to open their first Primerica office. “It was a stretch,” remembers Tony. “ But we went from $3,000 our first year with Primerica to $26,000 and three years later we were at $500,000.1 Since then, the Narains have continued to build and are now Senior National Sales Directors with the company. They have an entire organization which they started and grew – and which they own.2 “We have our own business within a business,” says Tony.
“You know, there’s one thing I want to say about Primerica that really changed our lives,” says Shelly. “Before we ever started making money, we were already learning how to manage our money. Before, even though we were earning what we thought was good money in real estate, we never had any money in the bank. We spent as fast as we made it. Primerica helped us learn how to pay ourselves first – and Tony and I haven’t argued about money since. We see eye-to-eye on finances.”
“Even after the money came rolling in,” says Tony, “we were careful about stepping up the lifestyle. And we brought up our four daughters in the same way. They have never had to worry about a thing – and today our family has a life we couldn’t have even dreamed up in 1994, but the kids appreciate where all of it came from. Hard work.”
Tony and Shelly are proud of their family and thrilled two daughters, Betty and Mary, are active in Primerica. “We’re building a family business that we can pass down from generation to generation,” says Tony.2
“It’s been a wonderful ride and we can’t wait for the future,” says Shelly.
The cash flows stated are not intended to demonstrate the earnings of typical RVPs/representatives. Rather, the cash flows that have been cited reflect the potential that comes with building your business, and there is no guarantee that you will achieve any specific cash flow level. Most RVPs/representatives do not achieve the levels illustrated. In the 12‑month period ending in December 2010, Primerica paid a total of $503,115,928 in compensation to the sales force at an average of $5,296 per licensed representative. Average RVP earnings are typically higher. Actual gross cash flow is, among other factors, dependent upon the size and scale of a representative’s organization, the number of sales and the override spread on each sale, and the ability and efforts of you and your downlines. Having said this, Primerica provides a tremendous opportunity for individuals who work hard and who desire to develop a business with strong income potential.
Ownership is available only upon meeting all qualification and eligibility requirements, and remaining in compliance with all terms and conditions, as set forth in the Ownership Program Document and various operating policies and procedures issued by Primerica from time to time.
Many boomers feel “sandwiched” between the financial needs of aging parents and those of their own children. Don’t want to be a burden on your kids? Primerica (PRI), a company with more than 30 years of financial expertise, presents three steps toward holding on to more of your hard earned cash as you prepare for the future.
Step 1: Start a Dialogue. Are your children in the dark about your finances? Three out of four boomers admit they haven’t adequately talked with adult children about this topic. Not a smart move. What happens if you become ill or incapacitated?
Think about what you wish your parents had done, then take action. For instance, organize your records, make sure you have an updated living will, power of attorney for health care and power of attorney for finances.
Your Primerica representative can help: Ask about the Primerica Legal Protection Program, which offers document preparation for as little as $20 per document for covered members.1
Step 2: Consider Long Term Care. If you don’t plan for your future medical expenses now, you’re increasing the chances that your kids will have to pick up the tab. About 70% of seniors eventually need the kind of help that long term care insurance covers,2 and the average annual cost of a private nursing home room is nearly $80,000.3
You can pick up the best deals (premiums typically under $2,000 a year) if you buy long term care insurance when you’re still healthy and in your mid fifties.4 See your Primerica representative for help with your long term care insurance needs.
Step 3: Cut Off Adult Children. Six in 10 boomers report giving financial help (outside of college tuition) to a child or grandchild in the past five years. Of those, $59,000 was the average amount of aid.5 If this sounds like you, ask yourself: Do I really have the resources? Am I saving enough for retirement? Try to share more financial wisdom and less cash with your adult offspring. The more you save for your own future means less possibility that you’ll need their help later on.
To learn more about how Primerica can help you reach your financial goals, contact your local Primerica representative for a FREE Financial Needs Analysis (FNA).
Please review the plan for information regarding benefits limitations and exclusions.
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.”
What I love about Primerica is that it’s made up of real people. People just like you and me. They’ve faced the same kind of financial struggles and have learned the value of knowing how money works. They believe in spreading that knowledge and helping middle market families — families that are usually ignored by big financial companies.
Our representatives offer people simple solutions to tough financial situations. Their mission is to make sure your family is properly protected, help you get out of debt and help you save for the future. Primerica representatives will sit down with you and help you understand how you can get back on the path to financial freedom.
To help people understand what we do, Primerica recently launched a series of videos. These short videos, which can also be found on the Primerica YouTube channel and on Primerica.com, illustrate why we believe in helping the middle market overcome financial challenges and become financially free. We know that people are struggling and are in need of financial solutions. They’re looking for a company who believes in doing what’s right for families. And that’s what Primerica delivers.
To learn more about how Primerica can help you reach your financial goals, contact your local Primerica representative for a 
