With the talk of a comp grid, 50% on that grid, and getting referrals from unlicensed agents for business because they have a financial incentive in the sale, the company your mentioning is either QS2 (Quantum Success Strategies), or is basing some of it's ideas on QS2.
I'd say good luck, but please know what you are getting into.
In theory, the idea of non-licensed agents just giving away appointments to you, from people they know sounds great, but there is more than meets the eye.
#1 Many of these 'unlicensed agents' at least where I was, are going to be in other MLM's, which is just to say that you might not be getting their full attention on bringing you in customers.
I have personal experience here as a friend convinced me to join the aforementioned QS2, and what I can tell you is that they did not deliver on promises at all.
The commission level they start you at sucks at 50% which they keep you at unless you recruit. (I know it's even worse at other MLM like Primerica) My buddy who recommended the move to me was not paid a stipend like was promised, and the agents generally don't know what they were doing, and were not at all experienced. I guess if we were smarter, we would never have joined. (To give you an example of this, they're was actually an e-mail from upper management down to agents, that the biggest issue in terms of pending business not going through, was agents who submitted applications without collecting a initial premium!)
When applications did go through, there were almost always major delays on getting paid.
Really upset I wasted any time with this company, but you live and learn. You don't need to be a rocket scientist, but a certain expertise is needed to sell Insurance, and it just doesn't work for MLM, where the emphasis is to recruit any and everyone breathing under the sun.
I'd say good luck, but please know what you are getting into.
In theory, the idea of non-licensed agents just giving away appointments to you, from people they know sounds great, but there is more than meets the eye.
#1 Many of these 'unlicensed agents' at least where I was, are going to be in other MLM's, which is just to say that you might not be getting their full attention on bringing you in customers.
I have personal experience here as a friend convinced me to join the aforementioned QS2, and what I can tell you is that they did not deliver on promises at all.
The commission level they start you at sucks at 50% which they keep you at unless you recruit. (I know it's even worse at other MLM like Primerica) My buddy who recommended the move to me was not paid a stipend like was promised, and the agents generally don't know what they were doing, and were not at all experienced. I guess if we were smarter, we would never have joined. (To give you an example of this, they're was actually an e-mail from upper management down to agents, that the biggest issue in terms of pending business not going through, was agents who submitted applications without collecting a initial premium!)
When applications did go through, there were almost always major delays on getting paid.
Really upset I wasted any time with this company, but you live and learn. You don't need to be a rocket scientist, but a certain expertise is needed to sell Insurance, and it just doesn't work for MLM, where the emphasis is to recruit any and everyone breathing under the sun.
