Part time insurance gig

Insurance_guy2023

New Member
6
My current job isn’t paying all the bills so I need to make an extra couple thousand each month. I have a life insurance license. What’s the best way to use it to help make this happen? Online sales? What company to use?
 
A) Insurance is not a gig.
B) Insurance ( especially Kife Insurance) is not quick money. You need to nurture 95% of your contacts, sometimes for years.
C) Chargebacks in Life Insurance sales can bankrupt you overnight if you don't plan well at the very beginning
D) Chargebacks happen even with family members
E) Starting out, only get paid commission AS EARNED,which may or may not fix your financial issues
F) find another employer
 
I know that "side hustles" are very trendy and popular right now, but the fundamental issue is that your full time job isn't fulfilling your needs. You either aren't making enough, or are spending too much. It's more likely the latter. Doing more work poorly isn't the answer. It's like tying two drunks and hoping they walk together properly.

I've started a number of businesses and been quite successful. Just my $.02. Get a career.
 
A career as a Life Insurance agent is not ideally suited to "part time" effort. Just ask any former Primerica or WFG associate who burned through his/her warm market list (or their "field trainer" burned through it for them), and then had no one to talk to and couldn't get up the nerve to go cold-calling.
 
OTOH, a very successful Final Expense agent (David Duford - @Rearden) started part-time and still says it's a viable path.

I know that "side hustles" are very trendy and popular right now

I think it's just the terminology that's changed. For past 50 years, I've met all sorts of people who had to work two or more jobs to make ends meet. I was one of those people at various stages.

We called "a second job" or "moonlighting". Now it's been relabeled as a "side hustle", but it's the same thing.
 
OTOH, a very successful Final Expense agent (David Duford - @Rearden) started part-time and still says it's a viable path.



I think it's just the terminology that's changed. For past 50 years, I've met all sorts of people who had to work two or more jobs to make ends meet. I was one of those people at various stages.

We called "a second job" or "moonlighting". Now it's been relabeled as a "side hustle", but it's the same thing.
Yeah, I guess it's just that term that really turns me off.
 
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