Hard work to begin. Don't start here as your 1st job in industry
Sales Executive (Current Employee) – Chicago, IL – July 11, 2015
Freedom Equity Group is fully commission based insurance sales. It is NOT for everyone. It is 100% commission. What you make is up to how hard you work. The leads/ source of leads are fully up to you. This is where most fail.
FEG tries to get sales representatives to call on friends/ family. Unfortunately, they are the hardest to sell.
Do not focus on friends/ family. Instead, send out some advertising and talk with people who are interested first. You will have better success.
The support of the home office is okay. Not great. Just okay.
The pay scale is set up for you to make good money if you hustle. But, like any multi level marketing scheme, those at the top really make a lot. You can get there too if you built a network but that takes time. A lot of time.
I would say the average sales person is probably earning about $50k per year here. Not bad. Not great. But, there is a lot of freedom to do what you have to do outside of work.
There are NO benefits. That's a big deal if you're just starting out and you don't have a spouse with benefits so consider that before you begin.
If you are interested in starting and learning the insurance industry, do not start here. The training here is not good. Instead, go to a mutual company or well known insurance group and learn the business. Then, move onto something like FEG.
It is sink or swim here. If you make it, you can make it big. But, most of the people here don't make it big.
Freedom, Opportunity to earn
Nothing is paid for by the company, 100% commission, no benefits