1st Yr Income?

...the sky is the limit.

Its like anything else. You get what you put in.

I won't put a number on it. Just work your ass off.


This is the type of answer that prospective new agents hear left and right, and is of no help whatsover. When considering a career, you need numbers, facts, and averages, not this hyperbole of condesending dribble. His question of first year income is legitimate. No one would go into any job without knowing their estimated income from that job, and if it would meet their needs.
 
1st income is going to have a lot to do with you experience.

In a prior post someone said do you have contacts?
This is huge for first years sales.

If you have a prior sales back ground and have a large amount of contacts to call on is a real good sign.

If you are 22 years old fresh out of school and the only contacts you have are friends with the nick name Frank the Tank you might have some problems making $20,000.

My first 3 years I worked a night gig.
 
What some older veterans making a year in the health and life business? just ruff estimates would be nice to know.
 
I didn't even make $20k in my first year (I was MoO carrer then; didn't get licensed till 3/2007). Yea, it was really tough. The only way we made it was I had stashed some money back and we lived off that and no mommy and daddy didn't support me. In my mind, if you make over $20k you did good (better thank I). My second year was last year and I tripled my 1st year of 1099's. I know that I could have worked harder then and now; that being said, I like my pace, and see progress. My referrals are huge now. My suggestion to you is seriously consider your dicision to go carrer with MoO. It is tough in my opinion. I found my self shopping for the best rate for my prospective client, selling that product (not MoO) and having a tough time with the "builders club" mark. As an independant, you sell for whom ever you want, shop rates for your clients, you can compete with anybody, no one breathing down your neck about production. I didn't like carrer and absolutly love independent. The bad thing is I didn't make the change unitll I had over $1200 per month in renewals and I lost all of that. Ther are alot of guys on here that will tell you the same as far as carrer v. indy. Think about it now, cause we will cuss yourself if you want to get out a year and half from now and have a decent amount of renewals.
 
I would like that too: [email protected]


If sales is not the issue...the rest is simple math....CPS


Contacts
Presentations Sales

A clear daily work model, consistently used, 6 marketing methods, multiple products and carriers, finding above street level contracts AND AN ANNUITY REFFERAL BONUS contract make for a sure $100K per year.

The other are soooooooo right with regard to being captive, low contracts, 1-2 products only.....is a recipe for maybe $50K in earning per year...

If you would like like more information on the clear daily work model PM me.

Good Luck
 
This is the type of answer that prospective new agents hear left and right, and is of no help whatsover. When considering a career, you need numbers, facts, and averages, not this hyperbole of condesending dribble. His question of first year income is legitimate. No one would go into any job without knowing their estimated income from that job, and if it would meet their needs.

I think that most recruiters are probably telling prospective agents some version of "the sky is the limit" or "no income cap". But how do you give an estimate of what your first year income will look like? It will depend on a lot of different things; experience, work ethic, luck etc.

The first year average for new agents might be $45K as I have seen elsewhere on this board but think about how many crash and burn in the first year? That means that other agents need to make a hell of a lot more than $45K to make up for it.
 
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