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Are you going on the trip?
FEX Annual Meeting!!
- Thread starter jdeasy
- Start date
Are you going on the trip?
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I think I have contracts with FEX...I don't think I'm invited though
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liked your comment just for the arsenal personal profile pic haha
And my point is....if you deserve higher contracts than you personally have at the moment, then get the higher contracts. If you have exactly the levels you deserve, then what does it matter? It doesn't!
If you're not sure what levels you should have, call me up sometime and ask me what levels you should have based on your last 12 months of production. I'll be more than happy to tell you. I do get the feeling that you already have the levels you deserve and no more.
Are you the type of person that goes to Walmart for a good deal and still complains about how much Walmart makes? That's the way you come across.
Oh, and keep in mind that the prices you pay at Wally World include their theft losses as well. Going to complain about that now?
So a few things, your wal mart analogy is dumb Todd. Let's just move past that.
I Do not care how much money my upline makes off if me. We have an agreement and I have some very sweet deals. I win and they win.
But again why does anyone else care that I give a few locals a reduced contract and pay for there leads, office space, phone, etc.? They are making money and are happy and I'm making money, it's a win win.
What I'm doing is no worse (or better) than an IMO making a 30% override for doing at times little to nothing to help someone.
I never said one thing about what you do with a few local agents. You are the one that said something about an IMO doing little to nothing when you have no idea what IMO's have to do. That was my only point.
Perhaps I fall into the same category of not understanding what the imo really does. From the perspective of us agents it sometimes seems that the upline just counts their money without doing much of anything - particularly for those of us that aren't a flight risk for rollups. I don't care that someone is making money based on my production but we agents would like to feel that they are earning it for something other than simply offering a contract and most of the time we don't see it. Please help us understand.
I get your point. But you are also assuming all IMO's do the same thing.
I'm sure Todd you earn your 30% override, but that doesn't mean others do.
Mbiallis asked a great question - that's a great opportunity for agents to see what you do for your agents. They can compare that to the service they are receiving with their current upline and make their own determination if their IMO deserves the override or move to one that does.
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I tend to agree w some of this.
Ideally though, if an IMO has a high leadership capacity, they will consistently invest their own time, money and energy on the producers who are 1.Dependable 2. Capable 3. Teachable.
They can give public recognition and platforms to share, rewards/tokens of appreciation and even a good ol atta boy is better than crickets, which is more the norm I'm afraid.
They could provide support to explore growing your business through adding in other products to sell. Or help you build a team if that's something you'd like to get going.
They could take off the commission ceilings and alllow you to bump up as you earn it. Maybe make your weekly leads half off every so often.
The thing is that organizations thrive and multiply when it's a healthy organism as a whole; not when the top person is sucking everything dry.
Let's keep this simple and say that both of you do have a point in which you are correct. Sometimes we get contracts from agents that never seem to need the 1st thing from us other than a good contract. They get contracted and we never hear from them. In that particular case, we don't really do anything to earn an override. If the agent doesn't call or email us, we don't know if they need something or not. We may reach out periodically to see, but most of the time they still don't need anything.
Then, on the filp-side, there are the agents that need us a lot. We have to accommodate them as well. Sometimes it takes a lot of hours to help this agent. Sometimes it's just in the beginning and sometimes it's an ongoing thing. Now, this certainly isn't the fault of the agent who never seems to need anything, but it is just like the product that we sell. The ones in good health help pay for the ones that aren't in good health. Is it fair? No, but what is?
This being the FE forum, I'll talk about FE. As you may know, an agent cannot get contracted directly with the insurance company with most. The very reason for that is because the insurance company knows the chargebacks will come and they want that buffer in there between them and the agent.
