140% with Fam 1st life ????????/

[HoosierLife]

He cleared up the 140% FFL contract. Many of those top contracts are right at street or some even below street. Lifeshield 105% at the 140% FFL contract is 15% below what many Imo's give to guys who hardly write any. Foresters 120% at the highest contract is below the 130% some Imo's give. No wonder Meinke is giving out big bounces which don't make up for the 135-140% some of these top agency's could be at. Meinke's making a fortune . I think he gives out bonus's and lower contracts as he'd rather make continuous 2-3% renewals on the huge blow of business than give higher contracts up front . He' got a marketing ploy going on.

Well to be fair, his top managers he brought with him from NAA are at higher levels than are shown here.

I'm not sure anyone has actually moved up to those levels based on the standards set forth in their promotional guidelines.

But promoting "the highest comp in the industry" is Facetious at best.

 

[Newby]

Well to be fair, his top managers he brought with him from NAA are at higher levels than are shown here.

I'm not sure anyone has actually moved up to those levels based on the standards set forth in their promotional guidelines.

But promoting "the highest comp in the industry" is Facetious at best.

if an agent ever believed that FFL was giving out the highest comp whether starting out or hitting any of these goals, they must be holding their paper upside down.

 

[HoosierLife]

if an agent ever believed that FFL was giving out the highest comp whether starting out or hitting any of these goals, they must be holding their paper upside down.

Dude I talk to at least 7-10 of them a week. Ramiz is right, figuring out what FFLs doing and replicating with more honesty would be a good recipe for success.

Shawn basically took the Al Williams model of making WL companies the bad guy and he was here with something different and just changed the actors. The bad guys were the IMOs and he went Rogue, promising them something different.

In a world of NAAs, Equis', Symmetrys, NASBs etc, he was different.

Folks here on the forum are a drop in the insurance bucket.

FFL promises the highest comp in the industry, a different kind of IMO, best leads etc.

And a majority of the folks I talk to really do believe it. When I tell them about their comp grid and promo guidelines, it's like they've never seen them before.

They have no idea.

Always glad to enlighten them though

 

[NSRH]

Dude I talk to at least 7-10 of them a week. Ramiz is right, figuring out what FFLs doing and replicating with more honesty would be a good recipe for success.

Shawn basically took the Al Williams model of making WL companies the bad guy and he was here with something different and just changed the actors. The bad guys were the IMOs and he went Rogue, promising them something different.

In a world of NAAs, Equis', Symmetrys, NASBs etc, he was different.

Folks here on the forum are a drop in the insurance bucket.

FFL promises the highest comp in the industry, a different kind of IMO, best leads etc.

And a majority of the folks I talk to really do believe it. When I tell them about their comp grid and promo guidelines, it's like they've never seen them before.

They have no idea.

Always glad to enlighten them though

Josh, the Indy model is flawed.

Everyone knows it but this forum.

Indy agents clearing 100k after expenses are the unicorns in this industry.

Commission level has little to do with an agents success, yet most marketers on this board have nothing else to offer.

 

[Rearden]

Every good schtick has a bad guy. AL Williams was the best at this.

 

[suranceman]

Josh, the Indy model is flawed.

Everyone knows it but this forum.

Indy agents clearing 100k after expenses are the unicorns in this industry.

Commission level has little to do with an agents success, yet most marketers on this board have nothing else to offer.

It's more that most people aren't cut out to make it in the independent agent career. The model itself is flawed but not more than the flaws in most agents.

Most people aren't cut out to be entrepreneurs regardless of the industry.

 

[NSRH]

It's more that most people aren't cut out to make it in the independent agent career. The model itself is flawed but not more than the flaws in most agents.

Most people aren't cut out to be entrepreneurs regardless of the industry.

I see your point but respectfully disagree.

Why hire someone is the fail rate is so high? Why not create a system to help them succeed?

To me... it's the difference between opening up your own restaurant or purchasing a franchise.

Many times the work ethic is there, the desire is there, the commitment is there, but mentorship and a proven model is missing.

When's the last time you saw a restaurant close?

When's the last time you saw a McDonalds close?

 

[Newby]

Josh, the Indy model is flawed.

Everyone knows it but this forum.

Indy agents clearing 100k after expenses are the unicorns in this industry.

Commission level has little to do with an agents success, yet most marketers on this board have nothing else to offer.

There is a WAY higher success rate than you think there is. If the agent can avoid the traps of multi-level recruiters.
Independent agents that get proper training, leads and commission have a very low fail out rate.

 

[tribetime32]

I've found the major issues with independent agents that fail have nothing to do with the system, but with things they deal with personally. As an independent agent you have to manage your time and money well. If you don't, you could be out of the business very quickly.

Some people need someone to tell them when to clock in and clock out and they need a paycheck. Not everyone can be a business owner and that's okay. The marketers on here are just looking for people who want to run their own business.

There isn't a one size fits all program and that's a beautiful thing.

 

[HoosierLife]

Josh, the Indy model is flawed.

Everyone knows it but this forum.

Indy agents clearing 100k after expenses are the unicorns in this industry.

Commission level has little to do with an agents success, yet most marketers on this board have nothing else to offer.

I don't disagree with a lot of what you're saying. That's why we're investing so much into technology and our training/support platform, but more than that we're using technology to weed out a lot of the tire kickers.

Finding entrepreneurial hard working agents is tougher in this economy. Everybody that's worth their salt has a good job and most agents that are any good have found a good spot.

The guys that jump around, and weren't successful at their last agency, are usually never going to be any good.

The new folks getting in are doing so because they have to. I swear half the new final expense agent prospects just got off food stamps. Probably why most FE agents will one day become FE prospects.

Insurance agents are either entrepreneurs or lazy. Or some combination of the two. A lazy entrepreneur that is well funded can still make it in this business if they will learn some responsibility along the way.

Ask me how I know

But I've given up thinking broke agents will do what needs to be done to get in front of prospects. I started in this business cold calling off a Dialer and door knocking the leads.

The Indy model is a tough gig. Someone has to the absorb the chargebacks. There's really only a few ways to limit the risk in my view.

1. MLM it up - create enough tiers that it never hits you. This is a dick move if that's where you stop.

2. Have a great training and support platform with quality leads so more people succeed.

3. Keep a good spread. To offset the rollups.

I did hear a guy from IFG tell me that he gives people 8 weeks to be on a weekly lead order. If not, he puts them on as earned and emails them a signed release.

Don't know if it's true, but it's tempting