What is Equity Share?

My last company FFS always mention to us that if we sell x amount, we quality for equity share if the company decides to go public. They say, we can be millionaires like Primerca agents back in the 80s. They say that either ANICO or NATIONAL LIFE GROUP will buy out the agents. Is this true? If you build a big enough agency, let's assume you have 1 million agents, sell 600million policies and the company buys you out for 1 billion, 10% of that goes to the agents.... is this far fetch? That's what FFS was telling all their agents. I feel this was a way to manipulate you to stay. What are y
Source of insurance-forums.net

Comments