Family First Life Business Overview
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- čas přidán 6. 09. 2024
- •What's this insurance thing EVERYONE keeps talking about?
•What are all those numbers that your agents posting?
•Can "ANYBODY" really make six figures doing that?
•What would I have to do to get started and how much does it cost?
#runupthescore #hiring #winwithffl #insurance #familyfirstlife #hustle #helpothers
I’ve been looking at SFG but this video might have changed my mind ! And I’m in Georgia . I’d love to meet and talk .
I'm leaving symmetry for these guys
So I'm assuming since the agent gets really high commission then FFL makes majority of their money from agents purchasing leads?
Hi Steven, doesn’t look like anyone got back to you on this question. FFL offers leads through their CRM at very reasonable prices, but agents can purchase leads from anywhere they choose to. If you have any other questions about FFL, shoot me a text. (701) 373-1991.
…and they make money when you make a sell as well. WIN, WIN, WIN SITUATION FOR FFL BUT THE OPPOSITE FOR YOU.
Yes. Every business has to float somehow. You can always acquire your own leads. One is a part alongside FFL. Not an employee of FFL. You can go about doing things your own mode as you please. FFL is a resource.
@@theviking1773 The agency you're under makes an override as any other in sales. Smart concept.
Actually they make the most money on the backend. Think about it. I sell a policy that pays a premium of $3000 a year. I (agent) get that $3000 the first year. FFL would get that $3000 every year after that. So if that particular client pays for 10 years. Yes I get $3000 for one sale, but FFL gets $3000 multiplied by the other 9 years. So it’s worth it for them. They play the long game
Make sure everyone knows about 30% chargebacks on commissions which is industry standard and the fact you have to buy your own leads and don’t worry because ffl makes money on leads when purchased from ffl CRM. Possibly can go into debt or work for free. When these guys talk about income they don’t talk about expenses like someone with a gambling problem.
Just because it wasn't specified in this ONE video doesn't mean it's not mentioned or maliciously hidden. It's in videos out there. Search for FFL Bootcamp. That'll help. Good luck.
FFL is just another pyramid scheme dressed in nice clothes
@@pugskreationz Explain how.
Tax write off
Issue paid. When the client is approved by the insurance company and issued their policy, the agent is paid on that client = issue paid.
EXCELLENT VIDEO YOUNG MAN THANKS SO MUCH FOR TAKING OUT THE TIME TO BREAK IT DOWN. SUGARMOMMA APPRECIATE ALL OF THE INFORMATIVE TRAINING PLATFORMS. #fflalldayeveryday👊🏾💪🏾👂🏾💥💫🎯
Hey sugarmomma...
Thanks for the breakdown. I’m thinking of joining FFL…
Why?
So did you join yet? If not, I can help.
@@hotandsour100 they have the highest commission rate compared to other agencies and they don't tie you down w/a contract, you can leave whenever you want. If you joined & didn't make any money? Then you didn't know what you were doing. All you pay for is leads & I'm okay with that because I worked for an agency that gave you free leads & they were recycled and imposs to book. What's not to like?
Don’t
@@pugskreationz I didn’t, thank God
Im interested, but are you required to buy leads?
No you can generate your own or buy your own. It’s optional. It’s your business. You decide how you want to stock up.
I’m getting big time multi level marketing vibes I don’t know why
it is. Did someone say it wasnt?
How can you be an independent contractor without having a contract? The contract is what makes you a contractor rather than an employee
The contracts you have are with the insurance companies (carriers) themselves. FFL is just the IMO/Broker
@@itsderekbrower and FFL is not a party to those contracts with the carriers?
Sounds like with all of the bonuses and overrides, the customer is paying Wayyyyy too much money for the insurance policy
Sshhhhhhhhhh
How do I become part of your team?
I have an active producer license. Please reach out. Thanks
How do I join the FFL team?
1. Why are the average policy commissions $1,000 as stated here? If a client bought $1,000,000 in life insurance, my commission wouldn't be $1,000. Is the company holding or taking part of my commission?
2. Why the hold on the 25% of my commission? To keep me with the company? So, does this mean...if I leave in six months, I will not get my commission at the end of the year?
3. This is multilevel marketing. How is it they present as an IMO? You're holding part of my commission to pay the upline bonuses?
4. So we only get to offer life insurance AND annuities from only 15 different companies?
5. If there is no contract between me and the IMO, couldn’t I legally have a Corporation separate from Family First Life?
Would I be able to use my own programs? (Annuities Genius) to help the client decide what product works best for them? Or do they have something like that in place?
6. Would I be able to do my own business on the side with another IMO?
I've got more questions too.
1. The $1,000 is an example of the average policy. Whatever the year's premium is, you'll times that by your percentage rating, and then by 75% Example: If the premium is $10,000 per year, and you're at 105% commission, then you'd go: $10,000 X 105% = $10.500 X 75% = $7,875 that you would get paid. The insurance companies pay the agents. They don't pay FFL, and then FFL pays you. The insurance company will release to you the other 25% after the 9th month of the policy in equal amounts in months, 10, 11, and 12. It's just what they do to reserve in the event of earlier chargebacks, etc.
2. Not to keep you with the company, as FFL isn't the one paying you directly. The individual insurance companies are. FFL does give other bonuses and incentives on top of that, as mentioned in the video.
3. It's sorta like multilevel, but not exactly like it 100%. Since you would be an insurance broker, meaning you aren't tied down to one specific insurance brand, you'd be offering multiple if contracted with them, therefor it being an IMO = Insurance Marketing Organization. Nothing is being held to pay anyone. I explained the reason for the "hold" in reply #1.
4. You get to offer options from as many company services as you get contracted by. You'll be independently contracted with them. Not stuck or attached with FFL. Think of FFL as a marketing gateway, if anything.
5. Yes, you can move on, leave as you please at any moment in time. No problem. You can use any programs you're contracted to be allowed to write for if you're with FFL or not, since those contracts are with you and the insurance companies and not with FFL.
6. Yes.
P.S. I'm new. Not even licensed yet. Taking the practice exam now. I just dug deep into information about FFL, and I'm also well-connected with a leader in the agency. Message me in IG anytime - TraderMigs
@@TraderMigs Wow you know your shit and your not even licensed yet? Nice! When do you take your exam and which agency are you working with?
@@TraderMigs I also want to add that the 25% commission holding I prefer because at the end of the year you better have something put away to pay the taxes on whatever you earned. Now that's your responsibility. You don't have a boss doing that for you.
@jcz777 I've been an entrepreneur since around 2012 so when I dig into something, I really, really dig into it before I put my name on it. Lifelong to build a name, seconds to destroy it. I'm with FFL Creating Royalty. They are based in Texas. I'm in Florida.
@@TraderMigs Wow okay. I just sold my first policy yesterday. I'm sure I'll see you on one of these podcasts soon. Good luck and welcome to FFL!
Is this like WFG?
What does IP stand for??
Individual production/ your own pen
It actually stands for issued premium.
Run up the score
Do you work for this company?
Not interested in this opportunity. Any company that has a marketing plan of buying leads that are not exclusive from their own CRM or third party vendors is setting the agent up for failure
smart
You can buy leads from anyone. This is just an option. I’m not even with FFL and know that.
Leads aren't easy to come by, why would they give you free leads? They can just close them on their own without you. Companies that give you leads pay alot less %'s.
How do I sign up and get involved?
Did you ever find out?
My direct up line charges 20%, is that normal and I’m I stuck with him taking 20% of my commission as long as I’m with the company
Can you make money doing all telesales?
Yeah. Several agents have adopted Telesales as their only method.
😂
MLM scam also your level up commercial is cringe.
Great info but what so distracted & annoyed by the persistent teeth smacking 🥴 sheesh
Out of everything he said, all the money involved and all you got from this great opportunity is the teeth smacking???? What’s wrong with you? All I heard is 🤑🤑🤑🤑🤑🤑
Agree on great info. Someone should tell him about the smacking. It's distracting. If he could remove that, he would be a great public speaker. He's better than me.
Nothing but BS here
Well I work for FFL now & this isn't BS. Everything this man is saying is 100% true.
@@FEENIXFIYA602 Congrats! Welcome to FFL. That is awesome!
@@FEENIXFIYA602 Where did you get your leads from?
@@jcz777 It is a Ponzi scam.
@@jcz777Heyy man I’m interested in joining FFL. How are you doing n how much money have you made so far