What do you guys think of this?

[large1]

I just signed on with a company called UGA. It is an insurance company which sells Health and Life insurance and is completely commission based. They provide all the leads so it is not like you are cold calling although you can hit the street and create your own leads if you want to. It all sounds good but I am still skeptical. This is my first time going into something with commission only. It seems great because it creates residual income and their stock plan matches dollar for dollar. I become fully vested in ten years so in theory I could retire with potentially millions in my stock account. There stock price has gone from $18 per share to approximately $52 per share in the last four years. On top of making great money selling insurance, it seems like a good investment retirement purposes. Does anybody here have experience with insurance sales or possibly with this company. Everything sounds great...but almost to good to be true. I am appointed thru the company as an independent contractor so I have to pay for all my testing, gas......pretty much everything except bruchures and selling material. There are guys in my office making 200-300k annually and have only been in biz for about 2-3years. Any feedback would be greatly appreciated.

Thanks
Large1

 

[Narus63]

I looked into this as well at one time. If you google Mega life( which is the parent company) you'll find many anti UGA/Mega life sites.
Basically from what I remember Mega life/UGA cater to the small business person looking to insure a small number of staff and them selves and /or individuals looking to by insurance for their family. The problem comes when claims are filled and the company(Mega life) fails to pay out( which is typical of many companies. After all thats how they make a profit). The jest of what I learned was it is a very limited insurance as far as coverage and many people just simply dont recieve the benfites they think they have bought....but research it yourself.

 

[JustWannaBeHuge]

I just signed on with a company called UGA. It is an insurance company which sells Health and Life insurance and is completely commission based. They provide all the leads so it is not like you are cold calling although you can hit the street and create your own leads if you want to. It all sounds good but I am still skeptical. This is my first time going into something with commission only. It seems great because it creates residual income and their stock plan matches dollar for dollar. I become fully vested in ten years so in theory I could retire with potentially millions in my stock account. There stock price has gone from $18 per share to approximately $52 per share in the last four years. On top of making great money selling insurance, it seems like a good investment retirement purposes. Does anybody here have experience with insurance sales or possibly with this company. Everything sounds great...but almost to good to be true. I am appointed thru the company as an independent contractor so I have to pay for all my testing, gas......pretty much everything except bruchures and selling material. There are guys in my office making 200-300k annually and have only been in biz for about 2-3years. Any feedback would be greatly appreciated.

Thanks
Large1

if there are guys in your office making 2-300K a year, why aren't you speaking to them about more information? I would go straight to the guys that are doing it to get their input. also, are they saying they're making that much, or do you *know* that they are?

a lot of guys have a tendency to BS about how much they make, the same as everyone and their momma seems to be able to bench 550+ for slow strict reps on every BB board you can find lol.

 

[mrsoul]

i have always been amazed at peoples ability to settle for non comm. jobs. you hear things like " i don't like not knowing what i am gonna make". i say i don't like anyone telling me that is all i will make! say i work a job that pays 15.00 an hour. it does not matter how great a job i do, at the end of the day i made 15 an hour. in sales you determine your worth, not someone else. don't be afraid of commission only work. instead of looking at what you might not make, look at what you can make. set goals, follow through and work like hell and you will be succesfull!!

 

[Narus63]

i have always been amazed at peoples ability to settle for non comm. jobs. you hear things like " i don't like not knowing what i am gonna make". i say i don't like anyone telling me that is all i will make! say i work a job that pays 15.00 an hour. it does not matter how great a job i do, at the end of the day i made 15 an hour. in sales you determine your worth, not someone else. don't be afraid of commission only work. instead of looking at what you might not make, look at what you can make. set goals, follow through and work like hell and you will be succesfull!!

What line of work are you in bro?

 

[JustWannaBeHuge]

i have always been amazed at peoples ability to settle for non comm. jobs. you hear things like " i don't like not knowing what i am gonna make". i say i don't like anyone telling me that is all i will make! say i work a job that pays 15.00 an hour. it does not matter how great a job i do, at the end of the day i made 15 an hour. in sales you determine your worth, not someone else. don't be afraid of commission only work. instead of looking at what you might not make, look at what you can make. set goals, follow through and work like hell and you will be succesfull!!

I just don't think everyone can be successful doing sales jobs. Don't you think it takes that *special* personality to be good at sales? someone with the gift of gab, that can BS about anything?

what would you say are the 3 best traits of a successful sales person?