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Foundation Business Group

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Very challenging but rewarding/can be very profitable - Sales Representative Foundation Business Group Employee Review

4.0
27 June 2017
Recommend
CEO approval
Business outlook

Pros

-Necessary product: all Americans above the poverty line should have it. I filed several claims for policyholders going through cancer and they were never disappointed by the financial support we offered. -Growth-oriented/caring coworkers: they stepped up and supported me during a difficult time personally and are generally awesome people from top to bottom. -Income potential high: for those with high-level outside sales experience (as I had) or rare ability to learn quickly, exit comfort zone, overcome fear, etc., the profits can be large and come in bunches. (I paid for a newer SUV in cash within a year of employment, while handling bills of $3,000/month.)

Cons

-Learning curve: if you haven't worked in supplemental insurance industry before, product and industry knowledge take time to grasp. Also, of course, if you haven't been in sales before, rejection in general takes time and thick skin/discipline to withstand over time. -Travel/schedule: some late nights and week-long work trips (was not a deal breaker for me as a young single). -Income result can be low: not the case for me, but turnover rate in any commission sales position can be high since the learning curve isn't always overcome. Again, though, a person with proper sales experience can definitely do it and make great money.

Explore other reviews about Foundation Business Group

5.0
24 Sept 2019
Recommend
CEO approval
Business outlook

Pros

Awesome company! Great leadership. Freedom and flexible and uncapped commission

Cons

B2b to hunt down opportunity.

4.0
11 Aug 2017
Recommend
CEO approval
Business outlook

Pros

- Leadership: The entire leadership team is a high quality group of people, without exception. Each person that I got a chance to work with is smart, honest, talented, and hard-working. They truly care about your development as a salesperson, leader, and individual. - Structure: Working as an independent contractor allows you the freedom and flexibility to design your work schedule around your life. It also allows for generous commissions, as well as renewals that make it a potentially very lucrative opportunity. - Culture: Thanks to great leadership, the culture of FBG is one of hard work, integrity, and providing a valuable service to people who really need it. In addition to that, it is a tight-knit group that genuinely likes and enjoys working with one another.

Cons

- Structure: Although the structure can be a huge perk, it can also be difficult for some. Being an independent contractor requires tons of discipline, and it can be easy to get off track if you are not focused on working a consistent schedule. - Emotional product: FBG sells supplemental insurance for cancer, accidents, and other catastrophic illnesses. These are very valuable, high-quality products. However, the conversations that selling these products require can be heavy (odds of getting cancer, having a heart attack, etc.). People who excel with FBG are able to focus on the valuable service they are providing, rather than the emotional nature of the conversations they are having with prospects.

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