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Guest
Guest
Hello from San Angelo, TX.
So far I've done quite a bit of internet research (have gotten much good info from this forum and FinalExpense101) and am now facing some of the basic questions of someone about to take a leap into "the great unknown". I've kind of decided that I'll be independent (just my nature) but if someone has info to change my mind, I'll sure listen. If there's a great company out there that does it all for their agents, provides multiple options to clients and still pays a decent commission I want to hear about them from someone that works for/with them.
One issue I have not been able to find info on concerns population density. That is, is there any formula that tells what the population base of an agents territory needs to be if they expect to achieve certain income levels. I'm curious because San Angelo has a population of about 90,000 with a "surrounding trade-area" population of around 120,000. San Angelo is pretty unique in the US; in fact our claim to fame is that we are the largest city in America that isn't served by an Interstate. I sure don't mind traveling to serve clients but I'm trying to figure out if I can set a 100 mile radii or do I need to go 200+ miles into the surrounding semi-barren west-Texas desert? I guess my question is: what population number do I need to consider as being "in my territory" to earn the oft-mentioned $100K/yr. I know much depends on income, age, etc of the population but it seems as though there should be some consistent formula.
Okay, I've blah, blah, blahed long enough. That's where I'm at right now. If you REALLY want to know a bit about me continue reading...
I was a 17 year employee of Nortel Networks and left them in 2007 (2 yrs before they went belly-up). After Nortel I tried my hand at owning my own auto quick-lube; talk about really bad timing! (Remember the last $4.00/gal. gas?) Let's just say, "It did not turn out very well."
About a year ago, after I closed up the quick-lube, I got a job as a Federal employee (I'm an Army Vet.) but I have discovered that I'm too conservative to spend money (or stand around and watch money being spent) like the Feds. And, I'm having a really hard time with the "we promote based on time-in-grade; not performance" mentality.
I've been seriously looking for other opportunities and keep coming back to Final Expense sales as a real possibility at the exclusion of almost everything else I have looked into.
I'm 50 yrs old, a husband and a dad with two kids about to graduate high school and move on to college. I made a very decent income with Nortel but have really struggled to achieve anything close to that since leaving them. I've been around the block more than a few times so I'm going to make sure to do a whole lot of due-diligence. If you have read this far; thanks. If you have some real-world, good advice please let me know. If you want to contact me and blow smoke and give me the pie-in-the-sky, dollar signs in your eyes, song-and-dance, please, save us both the time and aggravation - I AM NOT INTERESTED!
However, I would really appreciate any realistic guidance you can provide.
Regards & thanks to all,
Larry
So far I've done quite a bit of internet research (have gotten much good info from this forum and FinalExpense101) and am now facing some of the basic questions of someone about to take a leap into "the great unknown". I've kind of decided that I'll be independent (just my nature) but if someone has info to change my mind, I'll sure listen. If there's a great company out there that does it all for their agents, provides multiple options to clients and still pays a decent commission I want to hear about them from someone that works for/with them.
One issue I have not been able to find info on concerns population density. That is, is there any formula that tells what the population base of an agents territory needs to be if they expect to achieve certain income levels. I'm curious because San Angelo has a population of about 90,000 with a "surrounding trade-area" population of around 120,000. San Angelo is pretty unique in the US; in fact our claim to fame is that we are the largest city in America that isn't served by an Interstate. I sure don't mind traveling to serve clients but I'm trying to figure out if I can set a 100 mile radii or do I need to go 200+ miles into the surrounding semi-barren west-Texas desert? I guess my question is: what population number do I need to consider as being "in my territory" to earn the oft-mentioned $100K/yr. I know much depends on income, age, etc of the population but it seems as though there should be some consistent formula.
Okay, I've blah, blah, blahed long enough. That's where I'm at right now. If you REALLY want to know a bit about me continue reading...
I was a 17 year employee of Nortel Networks and left them in 2007 (2 yrs before they went belly-up). After Nortel I tried my hand at owning my own auto quick-lube; talk about really bad timing! (Remember the last $4.00/gal. gas?) Let's just say, "It did not turn out very well."
About a year ago, after I closed up the quick-lube, I got a job as a Federal employee (I'm an Army Vet.) but I have discovered that I'm too conservative to spend money (or stand around and watch money being spent) like the Feds. And, I'm having a really hard time with the "we promote based on time-in-grade; not performance" mentality.
I've been seriously looking for other opportunities and keep coming back to Final Expense sales as a real possibility at the exclusion of almost everything else I have looked into.
I'm 50 yrs old, a husband and a dad with two kids about to graduate high school and move on to college. I made a very decent income with Nortel but have really struggled to achieve anything close to that since leaving them. I've been around the block more than a few times so I'm going to make sure to do a whole lot of due-diligence. If you have read this far; thanks. If you have some real-world, good advice please let me know. If you want to contact me and blow smoke and give me the pie-in-the-sky, dollar signs in your eyes, song-and-dance, please, save us both the time and aggravation - I AM NOT INTERESTED!
However, I would really appreciate any realistic guidance you can provide.
Regards & thanks to all,
Larry
