AMG14
New Member
- 3
Hello, my name is Aidan, a newly licensed for Life, Health, and Accidental agent this past Oct 16th.
I have lurked this Forum site for the past 7 days and deeply appreciate all the available information.
Quick props To David H. Kinder (AKA D.H.K.) because a lot of this post is about 50 ~ 70% related to his info.
Before you continue, understand I am trying to become a person who "sticks to his guns" and become extremely conscientious; orderly & industerious.
I understand up to 90% of agents fail. I will be that 10%. I will work 90 hours a week to get at the top.
I just need to learn how.
Originally I had aimed to be a captive agent this past summer, but that was thrown out because of family.
Now family friends, associated with WFG, had convinced my family about being an agent.
If they may see this, Thank you from all of my being I will always be grateful to you both, you both did something I have yet to do.
On august 31 I passed the exam.
Since this will be a new thread I hope this will help new agents.
With my ups and downs I have now researched the occupation.
this is a little of what I have looked at
A link to my notes ( please excuse how I organized)
Insurance Notes Post
and a few reference links, I have found most beneficial.
Links to Related Organizations
https://insurance-forums.com/community/threads/guidance-for-new-life-agents.29999/
https://insurance-forums.com/community/threads/becoming-an-independent-insurance-agent.13181/
https://insurance-forums.com/community/threads/beginners-guide-to-insurance-mlm.11797/
https://insurance-forums.com/community/threads/would-you-join-world-financial-group.76110/
https://insurance-forums.com/community/threads/business-plan.22326/
NAIFA Welcomes New Member: James Orr
https://insurance-forums.com/community/threads/attention-new-agents-write-a-business-plan.40509/
A Standard Business Plan Outline [Updated for 2020]
https://insurance-forums.com/community/threads/recreating-a-career.102798/ \
https://insurance-forums.com/community/threads/new-agent-already-22-policies-sold-first-week.102076/
https://insurance-forums.com/community/threads/i-have-no-idea-where-to-start.102214/
https://insurance-forums.com/community/threads/how-to-prospect-for-life-insurance-sales.38192/
https://insurance-forums.com/community/threads/indy-is-not-an-option-help-needed.99356/
https://insurance-forums.com/community/threads/without-a-budget-businesses-flounder.100395/
Everything past this point is all bark no bite, until I made a decision this coming week.
My summarized “Business Plan”
Over the course of a six year period, I plan to move from working with a middle to lower income family and build a clientele by selling term insurance be it LIfe, Health, or Accident. While this is one plan, this will be the backbone of my business my other business plan
Year 1 - 2 (working with middle income families, that are homeowners)
Focus on Term Insurance and building a clientele
All the while Training, earning designations, understanding Products, Understanding the flow of the insurance market, Master Prospecting, Master Fact-Finding
Year 3 - 4 (working with middle income but I have my security license )
Earn my Series 6 and 63 within 6 months of year 3
Learn the products and begin working toward the higher income middle class
Year 5 - 6 (Seniors, Annuities, Advances Knowledge in Products, Planning, etc.)
Within 6 months earn Series 65 or 7 or 66
Designations
Wealth management
Year 6+ Working with business market and Premium Finance
On to my questions
------The questions and problems for the now
I have no budget yet and still need to learn how to do it fully.
Should my email and number and address be listed on the California DOI site instead of WFG's?
Should I leave WFG?
Should I Join a cluster, IMO/FMO ToddKing (haven't researched), aggregator (haven't researched), MGA, GA etc…?
Should I just become a captive agent?
If I do leave WFG, what does leaving look like, contracts and legality-wise because I am pretty much unaware of How I am associated with them legally.
What are my taxes or where can I go learn about them?
What employment type am I and where can I learn this too?
Currently living with my parents will this be an obstacle?
Mentor, to find or not to find? Never had one so I don't know what that will be like.
Sales training, Prospecting, Fact-finding any pitfalls I should watch out for?
------The questions and problems for the later no need for answer
Hiring what is that like, I know I'm definitely not doing this on my own later on
Taxes, What are they like
Employment type
------The questions and problems I haven't seen
Many criticisms are very much appreciated actually the more the better
------What questions do you all have for me
Any or everything I’ll try to be as transparent as possible without revealing anything confidential.
------Thanks and appreciations too...
...DHK, Todd King, Goillini52, David duford, Cody askins, Hanger, CrabCake Johnny, Dariuskatl, WinoBlues, STIBROKER, Josh, Lemonconcon, Steve Savant, Agent2019, bballer2300, Inspector2211, Gillian Perkins, Simon Sinek, Jeremy Smith, Osterbind Law PLLC, Chris the insurance Guy, Midwest Insurance Agency, Abe Bawden, Insurance Pro agency, Shine Insurance, Ehowfinance...
...that have helped me
I have lurked this Forum site for the past 7 days and deeply appreciate all the available information.
Quick props To David H. Kinder (AKA D.H.K.) because a lot of this post is about 50 ~ 70% related to his info.
Before you continue, understand I am trying to become a person who "sticks to his guns" and become extremely conscientious; orderly & industerious.
I understand up to 90% of agents fail. I will be that 10%. I will work 90 hours a week to get at the top.
I just need to learn how.
Originally I had aimed to be a captive agent this past summer, but that was thrown out because of family.
Now family friends, associated with WFG, had convinced my family about being an agent.
If they may see this, Thank you from all of my being I will always be grateful to you both, you both did something I have yet to do.
On august 31 I passed the exam.
Since this will be a new thread I hope this will help new agents.
With my ups and downs I have now researched the occupation.
this is a little of what I have looked at
A link to my notes ( please excuse how I organized)
Insurance Notes Post
and a few reference links, I have found most beneficial.
Links to Related Organizations
https://insurance-forums.com/community/threads/guidance-for-new-life-agents.29999/
https://insurance-forums.com/community/threads/becoming-an-independent-insurance-agent.13181/
https://insurance-forums.com/community/threads/beginners-guide-to-insurance-mlm.11797/
https://insurance-forums.com/community/threads/would-you-join-world-financial-group.76110/
https://insurance-forums.com/community/threads/business-plan.22326/
NAIFA Welcomes New Member: James Orr
https://insurance-forums.com/community/threads/attention-new-agents-write-a-business-plan.40509/
A Standard Business Plan Outline [Updated for 2020]
https://insurance-forums.com/community/threads/recreating-a-career.102798/ \
https://insurance-forums.com/community/threads/new-agent-already-22-policies-sold-first-week.102076/
https://insurance-forums.com/community/threads/i-have-no-idea-where-to-start.102214/
https://insurance-forums.com/community/threads/how-to-prospect-for-life-insurance-sales.38192/
https://insurance-forums.com/community/threads/indy-is-not-an-option-help-needed.99356/
https://insurance-forums.com/community/threads/without-a-budget-businesses-flounder.100395/
Everything past this point is all bark no bite, until I made a decision this coming week.
My summarized “Business Plan”
Over the course of a six year period, I plan to move from working with a middle to lower income family and build a clientele by selling term insurance be it LIfe, Health, or Accident. While this is one plan, this will be the backbone of my business my other business plan
Year 1 - 2 (working with middle income families, that are homeowners)
Focus on Term Insurance and building a clientele
All the while Training, earning designations, understanding Products, Understanding the flow of the insurance market, Master Prospecting, Master Fact-Finding
Year 3 - 4 (working with middle income but I have my security license )
Earn my Series 6 and 63 within 6 months of year 3
Learn the products and begin working toward the higher income middle class
Year 5 - 6 (Seniors, Annuities, Advances Knowledge in Products, Planning, etc.)
Within 6 months earn Series 65 or 7 or 66
Designations
Wealth management
Year 6+ Working with business market and Premium Finance
On to my questions
------The questions and problems for the now
I have no budget yet and still need to learn how to do it fully.
Should my email and number and address be listed on the California DOI site instead of WFG's?
Should I leave WFG?
Should I Join a cluster, IMO/FMO ToddKing (haven't researched), aggregator (haven't researched), MGA, GA etc…?
Should I just become a captive agent?
If I do leave WFG, what does leaving look like, contracts and legality-wise because I am pretty much unaware of How I am associated with them legally.
What are my taxes or where can I go learn about them?
What employment type am I and where can I learn this too?
Currently living with my parents will this be an obstacle?
Mentor, to find or not to find? Never had one so I don't know what that will be like.
Sales training, Prospecting, Fact-finding any pitfalls I should watch out for?
------The questions and problems for the later no need for answer
Hiring what is that like, I know I'm definitely not doing this on my own later on
Taxes, What are they like
Employment type
------The questions and problems I haven't seen
Many criticisms are very much appreciated actually the more the better
------What questions do you all have for me
Any or everything I’ll try to be as transparent as possible without revealing anything confidential.
------Thanks and appreciations too...
...DHK, Todd King, Goillini52, David duford, Cody askins, Hanger, CrabCake Johnny, Dariuskatl, WinoBlues, STIBROKER, Josh, Lemonconcon, Steve Savant, Agent2019, bballer2300, Inspector2211, Gillian Perkins, Simon Sinek, Jeremy Smith, Osterbind Law PLLC, Chris the insurance Guy, Midwest Insurance Agency, Abe Bawden, Insurance Pro agency, Shine Insurance, Ehowfinance...
...that have helped me
