Peter Ryan
Expert
- 24
I guess you need to be clear on what you want out of your insurance career.
DO you want to be a 'company man' and be under the thumb of a large corp for the rest of your life?
The biggest drawback to the Farm is that your not really building any equity, and you are still under their jurisdiction if they decide they don't like you, etc. They CAN fire you, you don't own your agency.
On the flip side owning an independent agency can be great, for all the reasons mentioned above, but there is more risk, more stress, and it's tough to get markets.
So, I think an important question to ask is "where do I want to be in 10 years?" believe me, starting out and then deciding to change course after 5 or 10 is a major, major pain in the neck.
Peter
"Cold Calling Sucks"
DO you want to be a 'company man' and be under the thumb of a large corp for the rest of your life?
The biggest drawback to the Farm is that your not really building any equity, and you are still under their jurisdiction if they decide they don't like you, etc. They CAN fire you, you don't own your agency.
On the flip side owning an independent agency can be great, for all the reasons mentioned above, but there is more risk, more stress, and it's tough to get markets.
So, I think an important question to ask is "where do I want to be in 10 years?" believe me, starting out and then deciding to change course after 5 or 10 is a major, major pain in the neck.
Peter
"Cold Calling Sucks"