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Globe Life is the parent company of 'American Income Life Insurance'. AIL is an MLM. Pretty good at hiding it. But one nontheless. I don't think it's technically an MLM, but they are still shady as shit. Sure they bought an MLB stadium but I'd be a billionaire corporation too if I barely paid my employees and sold shit policies for way too much ...
Marvelsgrantman. MOD. Recently accepted a job with Globe Life. Agent Question. Hi, I’m working on getting my life/health License. I just got accepted to sell insurance for American Income Life, a subsidiary of Globe Life. Has anyone done this and can let me know if this is the right move to start my insurance journey?
Mar 14, 2024 · Cons-literally a legal MLM (they want you to recruit people and help build "teams") - "warm calls" are 90% cold-calling - must make 120 calls a day; most people don't show up for appointments; if they do, they can't afford the policies they're pressured into purchasing (which means you get advanced commission and then get to pay it back to the company) -a "good ole boys" club, regardless of ...
You'll become desperate and beg for friends and family to listen to your pitch and buy insurance from you while you work 80 hours a week on beat up leads. You'll hate it and most likely quit but your "manager" will keep the residuals on the policies you sell. OR. I could be wrong and you'll kill it and make a shit ton of money.
- What Is A Multi-Level Marketing Organization?
- Sign #1 – Recruitment Over Production
- Flagrant Conspicuous Consumption
- Sign #3 – Tent Revival Level Rah-Rah
- Sign #4 – The Ladder to Climb
- Sign #5 – An Inner Circle
- Sign #6 – A Flamboyant Charismatic Frontman
- The Verdict
So, I like to use the term “pyramid scheme” because it’s a popular name often used to describe any multi-level marketing (MLM) opportunity. This isn’t to say the organization itself is a scam or operating outside the law. As we all know, pyramid schemes are illegal. However, most of the insurance companies we’ll talk about today are 100% legitimate...
In my opinion, the most important thing an agent needs to do is learn how to sell. Regardless of what you’re selling, that should be your first primary directive. Nothing else matters more than learning the craft of selling. And if your goal long-term is to develop an agency, that’s great. But you wouldn’t decide to start an agency right away, righ...
Let me give you a quick story. There was a guy I recruited years ago who was actually from a direct sales type of background. And he went to this well-known MLM cult-style agency’s opportunity meeting. And the opening process of getting people excited about working for this organization involved the “cult leader” passing his Rolex around with every...
A load of “rah-rah” is the best way to describe this next sign. When you walk into an organization, what’s the first thing you notice? If there’s a lot of jumpingjacks, push-ups, yelling, hooting, hollering, dancing (aka rah-rah), it’s a cult. Getting you physically invigorated, as opposed to thoughtful contemplation, is usually a clear sign that y...
What human beings want is a sense of belonging and status. I do jiu-jitsu, and we have a belt system. There’s a pecking order, and everyone knows where they stand, so to speak. MLMs do the exact same thing. They implement an “arbitrary” ladder. And by “arbitrary,” I mean meaningless. There’s no logical reason for it to be there. It’s simply a busin...
If you haven’t checked out Kyle Studer’s YouTube channel, you should. He used to work in an insurance MLM. And he’s done a lot of great videos about this stuff. We did an interview where he talked about his experience. And one of the things he mentioned was the in-group language or the inner circle. And this is true of all cults – they have a speci...
Every organization has a front man. We think of Apple and Steve Jobs. We think of Elon Musk and Tesla. It’s not uncommon for big corporations to have a charismatic leader. And there’s nothing wrong with that. But there’s a fine line between a confident businessman and a cult mascot. In an MLM-type organization, this leader will be seen as ludicrous...
Don’t join any agency that recruits positions left, right, and center. Unfortunately, most insurance organizations operate in an MLM-type fashion. So you’ve got to be wary of whomever you join. I did a survey on this topic, on the 103 Reasons Why Insurance Agents Fail or Quit the Business.
3 days ago · The focus on work-life balance and employee well-being also creates a supportive and rewarding work environment. Overall, being part of Globe Life means contributing to a respected organization while enjoying a dynamic and supportive workplace that values its employees and encourages growth and success.
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Reviews from Globe Life employees about Globe Life culture, salaries, benefits, work-life balance, management, job security, and more.
