World Financial Group (WFG) Compensation Plan Analysis | Don't Sign Up Til You Watch This

Don't sign up until you get more information about the World Financial Group (WFG) Compensation Plans. At its core, the World Financial Group is not a scam, it is a legitimate business. My biggest problem with the company is its compensation plan which I talk more about in this video.

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0:00 Introduction to my opinion of World Financial Group
2:30 All financial services are network marketing
4:30 A look at the world financial group compensation plan
20:00 You should never recruit before you are able to support them
26:00 Is World Financial Group a scam?

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🤔 ABOUT LIFE180 😃
Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how "financial advisors" were really just glorified sales people.

So... LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses.

Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help.

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*All content in this video is for educational purposes only and is not to be interpreted as personal financial advice.

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[LIFE]

What are some ways to create cash flow outside of wall street? Comment below!
Let's discuss your finances or life insurance business - click on the scheduling link in the description.

[gwydionknight]

I feel so lucky to have found a great team training me in WFG. I love your approach in this video as I want to serve and I don't want to do this wrong.

[KoreanChocoBoy]

I’ve done WFG twice and yes everything is backwards with this company. However, what you see in each agency is different. The first one ran it like a car dealership and the energy was intense. I really liked how the president made sure he was in the front of every deal and was passionate in what he did. Second one they were much smaller and shared an office and they were much more interpersonal in what they did. Both were great with their energy and what they were focused. The problem was recruiting, even after one sentence of conversation I automatically knew my friends or colleagues felt a pyramid scheme type vibe off the company. Also, after I got licensed, the focus was still getting recruits. I got my recruits and still it was about recruiting. I kept thinking about seeing each agency in how awesome they were in bringing people in and getting deals going. However, at associate your focus is still recruiting and making your friends uncomfortable and never wanting to associate with you again. I honestly don’t think it’s worth it and the truth is if you’re not recruiting then it’s probably hard to make money at all in this company.

[omars-financialed]

Great video, one point is missing and a very HUGH reference that is needed is; When a new agent becomes licensed, they do not typically speak with families by themself, they are accompanied by an experience Field Trainer, that have the necessary expertise in the products, financial services industry knowledge to trains the new agent. In every case, it is the experience FIELD TRAINER that does the presentation, data gather, recommendations and recruiting. The 3 recruits you mention here will be part of field training. If you factor in that ALL new agents do not serve clients without an EXPERIENCE FIELD TRAINER, the compensation plan all of a sudden start making sense. The system pairs you with a mentor and you only become a field trainer after a qualification period. It might have helped if attended a training session to understand more about how the system is run. The point that is missing from your video is FIELD TRAINER. However great video and great break down.

[money.myth.buster]

You can't fully understand the compensation package from this PDF especially since you've never been apart of the company and leadership that properly helps with onboarding and training. Once again, you are delivering information from an assumption perspective with out facts and a lot of guesses to fit your narrative. The fact that you don't understand the builders compensation and say that "because there are more percentages it causes more problems" is a huge indicator that you have no clue and you are misleading people.

More credibility out the window. Good Job!

[sharmeenify]

Thank you! Yes this helps. I don’t like the way WFG push on referrals and recruiting before a person knows the business.

[lavelldavis]

Who would you recommend? I want to focus more on policies and products versus doing a recruiting process

[LuisSaulny]

That's exactly what happened to me... they got me hooked up in the process and is only recruit, no leads, no marketing plan, no nothing and they don't say anything upfront... terrible experience.

[dailyresolution]

Towards the end he is promotion his own refreal program to his network. I agree with some of the things he covers but ultimately he has his own agenda too. It easy to market againts your competition and point out their weak points as well as to hide their strong points. I still agree people can make it happen on either agency tradicional and WFG and PFA.

[HolliCMcCormick]

ALSO - Not all teams tell you up front they are part of WFG. That was my case. i was just told “Revolution Financial Management”. I was so confused when i started to see wfg. And that is part of how they keep you in the dark. Their saying is “stay confused stumble forward”

[ingridbain]

Hello Chris,
I just recently joined the WFG earlier this month. I saw this video while talking about the compensation plan but it seems like it's not a bad idea. I want your info to tell me more about this opportunity.

[ManifestBestLife]

Hello! Thank you for this info. Is there a better company that you recommend starting off with?

[TheOpinionSports]

Also if WFG was so garbage an NFL Hall of Famer would not have joined the company and is actually doing pretty well by the way.

[HolliCMcCormick]

So glad you are doing this and so glad we are talking on Monday. I can fill you in on so much more and I am totally open to being interviewed to give people an inside scoop. I will share more when we talk

[paramjitjudge]

really helpful. please provide information on how to start your own business and where to get info need to sell products and business support.

[throneofheaven]

Hiii
I just started with WFG Canada.
How long you been in the industry? Elevate!!!🤩🧡🌐u going?

[andrewdavidcourtney]

Thanks for the breakdown! Hello from Australia 🇦🇺 🦘 👋🏼

[Ryanw]

Hope you can do a video on Family First Life.

[carmenrivera]

can you do a video about alternatives to WFG?? or a video on how to be an independent insurance agent? I recently got licensed, but im not sure what to do with it now

[laughatmewithmebymeornotla]

Hi there I would like more information 😃 on this Lol 😅 I just joined yet, I am interested in really mastering this Products as I am in the Process of studying on my first week for the exam 🤠💯😁