OT- MassMutual and/or commission based income

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OT- MassMutual and/or commission based income Moderators: luluwhit, gotothewhip, cindyt, crossspur, ForumAdmin Jump to page :	Last activity 2014-10-02 9:31 AM 2 replies, 2693 views View previous thread :: View next thread
General Discussion -> Barrel Talk


Just Let Me Run Reg. Dec 2010	Posted 2014-09-30 5:51 PM Subject: OT- MassMutual and/or commission based income
Independent Cuss Posts: 3978 Location: Dearing, GA	I recently got a job offer to become a Financial Advisor for MassMutual. My biggest concern is the fact that it is 100% commission only. Does anyone work for them? Or does anyone work in a commission based workplace?Does anyone use MassMutual for their insurance policy? Thanks in advance.
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GoMistyGo Reg. Feb 2004	Posted 2014-10-01 9:13 AM Subject: RE: OT- MassMutual and/or commission based income
Texas Taco Posts: 7499 Location: Bandera, TX	Straight commission is tough and scary at times…. I guess it would depend on the amount of savings you have and if you have a SO who could help pay the bills at the beginning. I’ve been in sales most of my live and much prefer a base salary plus commission, so that at least the main bills are covered. Also a big network of friends and family would be helpful at the beginning of your career so you can sell to them first. I have some friends who do very well with selling financial services, and others who quit a few months into it. They couldn’t handle the pressure of dealing with people’s life savings. If the market drops your clients will come and blame you for the loss of their savings….. They probably promised you “qualified” leads… I found that while these are people to reach out to, it doesn’t mean they are seriously looking to buy. Good luck!!!
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Just Let Me Run Reg. Dec 2010	Posted 2014-10-02 9:31 AM Subject: RE: OT- MassMutual and/or commission based income
Independent Cuss Posts: 3978 Location: Dearing, GA	GoMistyGo - 2014-10-01 9:13 AM Straight commission is tough and scary at times…. I guess it would depend on the amount of savings you have and if you have a SO who could help pay the bills at the beginning. I’ve been in sales most of my live and much prefer a base salary plus commission, so that at least the main bills are covered. Also a big network of friends and family would be helpful at the beginning of your career so you can sell to them first. I have some friends who do very well with selling financial services, and others who quit a few months into it. They couldn’t handle the pressure of dealing with people’s life savings. If the market drops your clients will come and blame you for the loss of their savings….. They probably promised you “qualified” leads… I found that while these are people to reach out to, it doesn’t mean they are seriously looking to buy. Good luck!!! Thanks for the information. I think I'm going to give it a shot. The man I interviewed with answered every question I had, and then brought in another young female that gave me her perspective. He also said that if 6 months into this, I decided commission-based wasn't for me, he would give me a good recommendation and get me a job at a bank, which is salary based. So I'm going to ask him to put that clause in my contract. I'm nervous. But I'm 22, in college still, and live at home right now. Plus, I have a salary job so expenses that I'm responsible for are covered. I hope this goes well.
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