July 26, 2013

What does the vast majority of financial advisors, a life insurance agents, and car salesmen have in common? Why should you care?

3 thoughts on “July 26, 2013”

  1. Richard J. Guillory says:

    They all want to sell you the most expensive thing because they all work on commission. .

  2. Mike Finley says:

    You are correct, Richard Guillory. All three of these salespeople earn most of their money based on the commissions they are paid to sell the products or services they peddle. This results in a conflict of interest, which means you should NEVER become educated by salespeople like this. They will simply educate you in the best way to help them and the company they work for. It’s that simple. What is a person to do?

    Identify the teachers who educate and don’t sell. Here are a few: Jane Bryant Quinn, Eric Tyson, John Bogle, William Bernstein, Burton Malkiel, Jonathon Clements, and Jason Zweig. Find these people in books and on the web as you continue your journey toward financial happiness. YOU CAN DO IT!

  3. Jogchum says:

    November 10, 2012 3:28 pm by At face value, one would say that the 20 unit per month person is worth more than the rest. The anwesr may not be that simple. First, what was the profit per unit for each sales person. How many complaints were there once the CSI reports came back? How is each person following the processes? (meaning, following up, asking for referrals, etc.) How long has each person been in the business? The one great thing about sales is that it is a great equalizer. We will know at the end of the year.

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