insuranceguydom
New Member
- 3
Hello everyone,
I feel really blessed to have found this forum. You wouldn't believe how many tabs I have opened with a mass of different questions for days. First a little background about myself. I live in VA and am 23 yrs old. Since the age of 19 I have worked and am currently working (hopefully not for long) in the Timeshare industry. Over passed 2 years I have really achieved a lot of goals I had with this company. In the year of 2017 I won Rookie of the Year and 2 years later in 2019 the Top Gun award. Each year I have sold over 1 Mil in volume (gross) and never less than $850k (net), but unfortunately I have never made over $45k(GROSS). I have always felt that this wasn't going to be my end goal working in timeshare. I always knew I wanted to have something of my own. My best friend my entire childhood his father recently passed away from cancer and had owned his own agency. after his death his family dissolved the company. Since then my best friend and his sister have somewhat started to get their licenses to start their own agency or work under TransAmerica. Apparently the father left them some connections within that company to call to get started. They expressed interest in me because they know my sales record with the resort I work with and also know I wasn't/am not internally happy with the resort i work with or the resort i worked with when i lived on Hilton head island. The biggest part is that they have about 25 file cabinets in the ouse with all of his old clients and his "books" they say. I guess the question I've been having is what is life/health and apparently they focus on annuity, like, how much does it pay, is it something i can start my own agency with and actually provide for a family? I am a very humble person and truthfully I would just like to make something of myself and as I am very appreciative to the resort for giving me the sales training and experience it has given me I have been able to live with food in my belly and anything i truly need i can get, but there's an invisible, hidden cap that we have with this resort and I want to be able to provide better for my future family than what was provided for me and I have been looking for the career that I can do that and Im hoping this is it. I love helping people and I have a real passion for helping families get to retirement and reach their financial goals so that each person can have that time in their life where they can enjoy what they've worked so hard for.
But my overall questions/advice I need/would like:
What is a normal sales process like with Life/Annuity?
People talk about residual income with Life/Annuity, Hows one get paid that way and how does that process work?
Is it truthfully profitable? And what I mean by that is if I truthfully give my all and master this craft as I feel I have done with timeshare would this job make me more than $75k?
Is it enjoyable?
What is the process of starting your own agency?
Is Transamerica a decent company?
Should I try and work with my best friend and his family or should I try and do my own thing?
Lastly, any advice for someone in my position? Looking to absorb and learn as much information as possible. Thank everyone in advance for replying and for everyone's kindness. Below I've attached my resume. Just in case it helps or if there are any opportunities out there.
I feel really blessed to have found this forum. You wouldn't believe how many tabs I have opened with a mass of different questions for days. First a little background about myself. I live in VA and am 23 yrs old. Since the age of 19 I have worked and am currently working (hopefully not for long) in the Timeshare industry. Over passed 2 years I have really achieved a lot of goals I had with this company. In the year of 2017 I won Rookie of the Year and 2 years later in 2019 the Top Gun award. Each year I have sold over 1 Mil in volume (gross) and never less than $850k (net), but unfortunately I have never made over $45k(GROSS). I have always felt that this wasn't going to be my end goal working in timeshare. I always knew I wanted to have something of my own. My best friend my entire childhood his father recently passed away from cancer and had owned his own agency. after his death his family dissolved the company. Since then my best friend and his sister have somewhat started to get their licenses to start their own agency or work under TransAmerica. Apparently the father left them some connections within that company to call to get started. They expressed interest in me because they know my sales record with the resort I work with and also know I wasn't/am not internally happy with the resort i work with or the resort i worked with when i lived on Hilton head island. The biggest part is that they have about 25 file cabinets in the ouse with all of his old clients and his "books" they say. I guess the question I've been having is what is life/health and apparently they focus on annuity, like, how much does it pay, is it something i can start my own agency with and actually provide for a family? I am a very humble person and truthfully I would just like to make something of myself and as I am very appreciative to the resort for giving me the sales training and experience it has given me I have been able to live with food in my belly and anything i truly need i can get, but there's an invisible, hidden cap that we have with this resort and I want to be able to provide better for my future family than what was provided for me and I have been looking for the career that I can do that and Im hoping this is it. I love helping people and I have a real passion for helping families get to retirement and reach their financial goals so that each person can have that time in their life where they can enjoy what they've worked so hard for.
But my overall questions/advice I need/would like:
What is a normal sales process like with Life/Annuity?
People talk about residual income with Life/Annuity, Hows one get paid that way and how does that process work?
Is it truthfully profitable? And what I mean by that is if I truthfully give my all and master this craft as I feel I have done with timeshare would this job make me more than $75k?
Is it enjoyable?
What is the process of starting your own agency?
Is Transamerica a decent company?
Should I try and work with my best friend and his family or should I try and do my own thing?
Lastly, any advice for someone in my position? Looking to absorb and learn as much information as possible. Thank everyone in advance for replying and for everyone's kindness. Below I've attached my resume. Just in case it helps or if there are any opportunities out there.