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@@j.tyler2024 glad I could help! 😄

@@courtneyaverill3631 you got this!! 💪

@@jessegamboa1569 big picture it's the same job role regardless of intern vs full time, but as an intern you have an even lower upside / chance of making a career out of it, so generally speaking I wouldn't recommend it and would try to find something else. Overall though if you want to do it for the sales training or the opportunity to expand and deepen your network then I would definitely consider it. Chicago and Milwaukee are two cities with a very high density of NM clients as well so that's another aspect to consider, that the market for your products is already approaching saturated.

Glad I was able to shed some light on it for you! I wish they were more upfront in the interview process about what it's really like

@@vaibhavgoyal794 $0.00

They don't lol

@@janinevanessa245 it's fewer calls than a call center but it's more personal because it's all of your friends and family that you're calling, and they don't answer, and you call again, and again the next day, and again, etc. And then you run out of numbers to call and you need to get your friends and family to give you the names and numbers of more people you can call. There is more to it than that to a certain extent & there's an art to doing it successfully but it's definitely a labor of love

@@ufjazzman the way I do it and recommend is not a product/commission model but a service/fee model 🤟

@@jeremybiar okay. I’ve heard of the website fee only network. Maybe I should keep my day job and build clients on the side without pressure then if it takes off, I can make it full-time.

@@ufjazzman 🎯

Curious what u ended up doing. Considering taking a job with them now as well

@@nokiarave when you are your own firm

@@christian37ism 😂 ask them to give you that in writing 😂😂 Yeah I'm a Christian fosho !

Thanks for providing the update!! The question to consider then is whether there's a viable path that participating in it would be / could be worth $18K, compared against the alternatives of what you could have done with that time and money. I think it's only a small minority of people that would get that level of value from it, but it's also a small minority of people that would consider doing it in the first place. I wouldn't recommend someone jump into this blindly in hopes to escape their 9-5 by any means.

It has!

How?​@@jeremybiar

These are fantastic questions! I'm currently 'with' Primerica though I haven't taken it seriously as most of the pay is tied to recruits. Basically just using their study resources until I vet other brokers

@jamesthespeaker when you're independent you can set up your pay however you want 🙂 I don't take commissions nor do I charge hourly fees personally. It's an AUM fee primarily as well as financial coaching. If you ever want to dive deep into it hmu! Happy to work with you as a business advisor. As far as MLM things, by definition Northwestern is an MLM. it's network marketing / direct marketing where the career path long-term involves direct recruitment of people to work under you as well as an underlying incentive for most of those people to fail in order to retain for yourself the business that they drove in via their own networks.

@@jamesthespeaker when you're independent you can set up your pay however you want 🙂 I don't take commissions nor do I charge hourly fees personally. It's an AUM fee primarily as well as financial coaching. If you ever want to dive deep into it hmu! Happy to work with you as a business advisor. As far as MLM things, by definition Northwestern is an MLM. it's network marketing / direct marketing where the career path long-term involves direct recruitment of people to work under you as well as an underlying incentive for most of those people to fail in order to retain for yourself the business that they drove in via their own networks.

@@jeremybiarHey there I have a call with Northwestern mutual for my final interview today. However, I am a little bit on the side of indecision because I do want to learn more about sales however I am in college and I do want to maximize my summer, but I know that in this role that may not be the case. But I don’t know if I’m ready to go independent yet. Thoughts on how I could maximize my income, still learn sales, but not be for lack of better words “used”? I’m extraordinarily good at communication but I need help in laying out sales techniques and actually bringing people to the close.

I also just have no clue what I want to do in life still. I finished with a major in business administration and just accepted this opportunity because like you said they “buttered me up” and I listened to all the positives and blocked out the negatives.

@@MarkElfff well big picture I'd say the odds that you stick at NM are incredibly low, but that doesn't mean you shouldn't give it a chance. Particularly given that you don't know what you want to do, if you considered jumping onto NM, I would do it just to use the experience as an extended networking opportunity in order to set up your next job. Basically just reaching out to your friends dads and your former teachers and whatever other 40+ year olds you know and instead of doing the insurance deal with them you just email them and say that you are just starting out in your career and you would love to hear about their career path and what advice they would give to their 21 year old selves. And in that meeting you also ask about job opportunities at their company and/or connections they may have towards job opportunities, etc. That said, if you already have a different job opportunity or think you could get one, you'd probably be better off at the end of the day starting out there and skipping the NM step. & NM will always be there so if you want to try it out later on down the road you're still going to be able to do that.

Are you still at your current job or have you left? I do investments and coaching and I like it 1000 times more than the insurance business lol. But yeah every single client I have has initiated with me rather than vice versa. It started with me putting out a simple newsletter email every month just to friends and family, kind of keeping them updated with my life and with the happenings of my RIA. And so from that over time people came around, and when you do a good job for someone naturally you will begin getting sent business from their connections as well. But again, it's them that reach out to me. And the more established you become (aka the longer you are in business) the more people start coming around as well. So it's been a smooth growth over time. But I asked about your current job because if you wanted to grow using my no-sales method you'd want to stay in a job or have a side job for the first bit of time to allow your AUM to grow organically.

@@jeremybiar I was captive at one time, but I am independent now and have done ok but I want off the hamster wheel. Just trying to explore options.

@@Donnielucas77 ah that's perfect!! Easy to bridge that into RIA work because you can do both simultaneously and might have an easy time converting insurance clients into investment clients as well as other offerings as you begin establishing yourself as a financial advisor / a one-stop-shop for financial services. And obviously the income arch of investments is far more favorable as far as getting off the hamster wheel is concerned! If you are already independent with insurance I would definitely recommend launching an RIA independently as well !

I'm interviewing with NWM later today and appreciate your insights. One thing I feel you failed to apply proper context to is their "insurance first" driven sales model. Its no secret they are proponents of R. Nelson Nash's Infinite Banking Concept. The average person has long dismissed life insurance as the pillar of a sound financial plan because they've been misinformed by the financial services industry that life insurance is something your beneficiaries benefit from upon your death, rather than the IBC paradigm of using life insurance as a tool to make investments while you're still alive. A lot of the other things you said are true. Fortunately for me, I am retiring from the military and get to test out their system for 3 months using a military-sanctioned internship. I'll go through their financial planning academy and earn all my general lines and FINRA licenses during the 3-month internship.

Now they pay you a minimum stipend

I've never looked into Prudential personally so I can't really speak to how similar vs different they are! Insurance is a tough business though so I would definitely recommend keeping your options open!

i have, one of the recruiters said he gets his know how of training from northwestern- 100 people on a list in 10 days is a reasonable expectation placed by them.

@@joeravetti2210 where are you at in terms of the process? Currently working at a firm somewhere, or currently thinking about a career change, or currently in school? As for what I do you can get a feel for my firm at biarlegacy.com. If you want hands on help though lmk because if there's enough interest for that I'm happy to start a coaching group walking through step by step what to do and when along the process of launching and building your own RIA from scratch.

If they pay for it, absolutely yes.

Most established firms will pay for your exams, but I'd say more importantly than who pays for the exam though is whether you believe you will thrive at the firm. The exam is a couple hundred bucks which is a drop in the bucket compared to your career potential. Most of what I share in this video though I would say still applies to other big box brokerage / advisor roles as well so you still want to choose carefully. Ultimately, I think the path that is most likely to lead to success is you starting your own RIA. If you don't feel ready for that, I would think about trying to get a job in the underwriting/administrative side working directly under a financial advisor/ at a big firm and gaining familiarity and confidence in the business that way before branching off to start your own. Would need to make sure you aren't signing a non-compete though but I wouldn't expect there to be any non-compete clauses for an administrative position

​@jeremybiar ive already gotten my SIE completed and a life insurance license. My next step is to get my series 7 done but since I don't have a sponsor I can't take it and NW is only offering series 6 from what I can tell, they also offer a 6k bonus upon completion of training supposedly. Since I don't have a degree I was going to get the series 6 so it would stand out on my application to another firm

​​@@brotherbromp6558sorry I'm just now seeing your comment! I'd say that's totally a respectable way to go about it! Not trying to diss that path by any means. Only point I'd want to clarify is that you don't need a series 7 to start your own RIA. So while getting a 6/7 would be your next step to being able to sell mutual funds and other investment products on behalf of a broker-dealer/large firm, it wouldn't be a necessary step to you opening your own firm, under which you could continue to sell insurance products as well as receive management fees for AUM, etc. And once you have your own RIA, you can be your own sponsor I believe. But my firm uses a commission-free model, I don't have anything other than the 66 as I have no financial products for sale.

​@jeremybiar that helps clarify things immensely, thank you. I wanted to try to get a job at edward jones since they offer salary as well as I'm afraid to become a RIA because I'm only 20 and don't have any experience in this field besides my current licensing:/ they definitely like to make the pathways fuzzy and undefined that's for sure

@@stefanmiller5113 net of the expenses, starting out from scratch as a 20-something, yeah. 15K would be really strong. my guesstimate is that less than 10% earn even that much, or in other words, that 90%+ of young first year reps have a take home pay / profit of less than 15k.

That's all amazing man!! Shoot me an email for sure I'm at jeremy.biar@gmail.com. But you might be interested in watching this follow up video I made highlighting a few reasons why I generally recommend that people avoid working at Northwestern -- th-cam.com/video/slZLuGyLdSs/w-d-xo.html&si=BNLWU0yPsjviNyXy

@@JuanGoetaGuitars that is the guy!!

Do you mean as a Northwestern Rep? Or me in the now? At my firm BIAR Legacy I don't sell any products. It's a commission-free model

@@jeremybiar in the now, your firm.

@@juanromero8998 okay cool. so yeah I don't sell any products as I mentioned; what I offer are two services, the primary one being investment management, the other being general financial advising / coaching.

If you're serious definitely hmu at skool.com/reselling and I'll walk you through step by step! Depending on how quickly you pick things up you may only need one or two months to be hitting the ground running

@@jeremybiar okay I appreciate it I'll look into it thanks

@@Robinxander2024 love it!! Thank you and best wishes on your journey!! 💪💪

@@alphamaxinator9300 if you watch more of my videos I think you'll agree I'm the genuine dude you thought I was! Thanks for popping by!

@@alphamaxinator9300 actually if you get the time I would actually really appreciate your feedback on this one specifically - th-cam.com/video/UN9aDCPSmoA/w-d-xo.html&si=qWPiBUmPpZIrCnje

@@blockchaindomain you got this!! I'm biased or course but definitely consider starting your own firm! 🙂

@@darrelltippett2527 pays for itself quickly but yeah it's definitely geared for those who are serious about making $ reselling! There's a lot of great free content out there geared towards making $500-$1000/mo reselling but I'm moreso focused on the $5k-15k/mo+ range

@@adrian3747_ I it ain't no lie baby bye bye byeeee 🎤👨‍🎤

Lol I could see it! 😂 He actually looks even more similar to my older brother, kinda crazy to look at haha

@@Copypastedates agree 💯 . It's a simple business which makes it more realistic to succeed but I think it's usually more fulfilling to solve more complex problems. Better to start somewhere though imo

@@jeremybiar for sure. Building relationships and even finding people to solve complex problems for takes time in and of itself. Plus some money or infrastructure

Thanks for the comment! My goal was simply to highlight a unique aspect of reselling compared to many other side hustle / small business options out there that may make it more realistic for people to succeed

Shoot me an email - jeremy.biar@gmail.com

Epic!! Love it. What part of the country are you in? I may know of some warehouses near you. I'm coaching a pilot group right now full stop if you want to join in. Literally zero to 60 how to make 100k+ per year reselling in just 10 hours per week. Would love to have you if you are ready! Hmu @ Skool.com/reselling