Can starting a business, like Mary Kay, somehow effect your ability to have your brokers’ license?
gailmckown asked:
A friend of mine joined MK, but she mentioned it and was questioned by compliance at her work. They said she could lose her license by being a consultant. Howso?
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A friend of mine joined MK, but she mentioned it and was questioned by compliance at her work. They said she could lose her license by being a consultant. Howso?
March 23rd, 2009 at 7:45 am
Unless they are looking at the point of it being a conflict of interest, I really don’t see how it would conflict with her getting her broker’s license.
As long as she doesn’t sell it while at work, discuss it with clients, and/or co-workers, I really don’t see how they can dictate to her what she can and cannot do in her private time. However, if she has talked to co-workers or clients on company time, the company has every right to put their foot down to the point of advising her she could lose her job if she persists.
I work a full time job but I keep my MK business out of it due to company policies. However, if I’m asked about it…it’s a whole new ball game. The same applies for your friend. If she is approached from someone wanting to purchase it, get a book, mail a book, what’s the website, etc. then she can respond. The company really won’t have a leg to stand on when a different employee approached her about it. She was asked, therefore she answered.
Hope this helps.
March 25th, 2009 at 1:12 pm
I don’t understand why. Mary Kay Inc is not a publicly traded company. I would question it. I had my 6 & 63 when I started my MK business and worked for a large finacial instution we have to complete forms for any other employment and they had no problem with it.
March 27th, 2009 at 7:10 am
Some jobs will not let you have other jobs. You just want to check with your employer. most businesses are fine with it though.