- 1,912
Hitting Your Goal and Clocking Out
- Thread starter Baseball7
- Start date
I hear charge backs are the main reason people drop out.. There never seems to be a sense of contentment with production - even after a really good week. I imagine someone needs to develop the right temperament for this career. But man, the upside sure seems good.. if you're part of the .01% left standing after 3 years - only gets worse after that. But man - that upside..
Oh no .. please - don't 10X this thread and hijack it with Mr. Scientologist.
I'm just recently feeling motivated again after a burnout....
I started the Fe business 2 years ago.... I quit my job the week of thanksgiving, 2015. Started running leads January 2016. I ran as hard as I could ( I had to, I had $0 in my bank and a new born). I wrote well over 200k in the past 2 years and saved more than I've ever had.....although I never thought about the "cost" of being successful in this business. I was running 20 leads a week and just pushing myself to exhaustion.
September/ October of this year I stopped my lead flow and couldn't pick my phone up when any clients would call. I thought I'd never desire to come back to this business.
Currently I am working on a plan to start dropping leads in January and starting the "grind" again in feb.... rather than 20 leads per week I am going to be dropping 1000 mailers per week and seeing what happens. I plan on working 2-3 days per week (mainly dking) and aiming for 3-4 apps per week rather than 6-7.
My only hesitation, at this point, is sustainability. Long term sustainability. I have never done this business any other way other than 20 leads per week,(typically less because of the returns ) at 3.5 days in the field. 4.5 days when I was starting out....
My schedule is going to be different because I am going to be working part time at a local mission helping out the FE demographic in a different way as well as selling FE.
My goal is much different than it was when I started this business. My goal is to profit $30,000 In a year (on new business, after expenses and taxes). That, in correlation with my renewals and tiny pay from the mission, will be enough to live and save some money.
I'm hoping spreading my week out and downsizing my FE activity will help keep balance in my life. I guess we will see
I'm not looking to hijack this thread, but feel free to comment on your thoughts about this plan. Especially those of you who have been doing this long term.
I started the Fe business 2 years ago.... I quit my job the week of thanksgiving, 2015. Started running leads January 2016. I ran as hard as I could ( I had to, I had $0 in my bank and a new born). I wrote well over 200k in the past 2 years and saved more than I've ever had.....although I never thought about the "cost" of being successful in this business. I was running 20 leads a week and just pushing myself to exhaustion.
September/ October of this year I stopped my lead flow and couldn't pick my phone up when any clients would call. I thought I'd never desire to come back to this business.
Currently I am working on a plan to start dropping leads in January and starting the "grind" again in feb.... rather than 20 leads per week I am going to be dropping 1000 mailers per week and seeing what happens. I plan on working 2-3 days per week (mainly dking) and aiming for 3-4 apps per week rather than 6-7.
My only hesitation, at this point, is sustainability. Long term sustainability. I have never done this business any other way other than 20 leads per week,(typically less because of the returns ) at 3.5 days in the field. 4.5 days when I was starting out....
My schedule is going to be different because I am going to be working part time at a local mission helping out the FE demographic in a different way as well as selling FE.
My goal is much different than it was when I started this business. My goal is to profit $30,000 In a year (on new business, after expenses and taxes). That, in correlation with my renewals and tiny pay from the mission, will be enough to live and save some money.
I'm hoping spreading my week out and downsizing my FE activity will help keep balance in my life. I guess we will see
I'm not looking to hijack this thread, but feel free to comment on your thoughts about this plan. Especially those of you who have been doing this long term.
Johnny Hooker
Super Genius
- 135
If 20 leads a week and exhaustion are in the same sentence, you are doing something wrong. You could work the 3 days and still get 15-20 a week.
Working at the Mission is commendable, good for you.
Working at the Mission is commendable, good for you.
- 4,299
Depending on your IMO, there can be a lot of pressure to be a top performer. It's not because they're greedy, they just don't want you to fail. It's natural to want to please your superiors, so you strive to meet the goals they've set for you. You also pressure yourself because you need to prove to yourself that you can do this. But second year burnout is a real thing after pushing so hard to make it in the first year, especially if you're getting chargebacks that you have to salvage or outwrite before you make any new money. Hang in there, though! You'll find your rhythm and learn to pace yourself in a way that fits your own lifestyle and goals.
The most important thing in any business is PMA (Positive Mental Attitude)... As long as you think of what you do as being a "grind" you are not going to a have whatever you consider success... Don't even allow yourself to use negative terms about what you do in jest because sooner or later the joke will take hold, it will no longer be a joke and it will become a self fulfilling prophecy. Think Positive... Act Positive.. Be positive in actions and speech, then what you do will not be a "grind" but a pleasure.
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