1st Week Results . . .

[rousemark]

Of course. He's failed at quite a few businesses.

Rick

I meant Gooner.....

 

[Rirwin]

I thought I did . . .

As an independent agent I have no need to assign commissions since I'm a General Agent vs a Licensed Only Agent . . .

However - If I was being supplied office space, utilities, computers, phones, leads, hourly wage, bonuses, access to benefits, etc - and wanted that structure - then it wouldn't matter to me.

Remember - these people don't "have" to work in the call center - they have many other options.

We only advance 3 months - so, they can get a release and go direct with our Carriers on the 91st day after they wrote their last piece of business . . .

They are vested day one with us for Pass Thrus ( minus any debt ) - but, they receive 0% Renewals.

I thought the agents were loa? If so then vesting wouldn’t apply, would it?

 

[suranceman]

I thought the agents were loa? If so then vesting wouldn’t apply, would it?

It could apply. The only way to do it though would be for his agency to somehow calculate all the appropriate renewals.

 

[Gooner]

Is that not one of the businesses you had at one time or another?

I use Suntrust for payroll, taxes etc.. for 2 of the schools

 

[rousemark]

I use Suntrust for payroll, taxes etc.. for 2 of the schools

OK.. I thought you owned a payroll company at one time.. 2 of the schools? How many do you have now? Sounds like you have been busy since you quit FE.

 

[Gooner]

OK.. I thought you owned a payroll company at one time.. 2 of the schools? How many do you have now? Sounds like you have been busy since you quit FE.

2 schools owned, consulting/scouting out 2 more. Been busy

 

[VolAgent]

I use Suntrust for payroll, taxes etc.. for 2 of the schools

So what all services do they provide? It is $50 per month for the business, or $50 per employee or some other metric?

 

[Todd King]

OK.. I thought you owned a payroll company at one time.. 2 of the schools? How many do you have now? Sounds like you have been busy since you quit FE.

It was Twilight that owned a payroll business.

 

[rousemark]

It was Twilight that owned a payroll business.

OK.. But I thought one of the Georgia Boys were also... Galt?

 

[myinsurebiz]

I thought the agents were loa? If so then vesting wouldn’t apply, would it?

We will still pay them Pass Thrus if they quit. Will just hold them for 91 days after they write their last policy.

We aren't going to pay Renewals to anyone but active Managers.