TRG1225
Super Genius
- 213
Looking for f2f upline
- Thread starter DHurd
- Start date
- 17,069
I believe I spoke with the OP last week. Could be someone else. I'm not sure how he took my advice which was the time is not right yet for him.
I always advise agents to not jump into this business broke. The chance of you door knocking your way into success is very, very slim. To me the more proven path is to work your azz off on a 2nd job first. Deliver pizzas. Mow lawns. Drive Uber, etc. Build up $3000 to $4,000 of start up money.
Get in with good training and start with fresh NEW direct mail leads and you should NEVER have to invest a single penny into your business ever again. Your cash flow of commissions into your business checking account should pay your lead bill every week and pay you a small salary in the beginning which grows.
Agents who jump in thinking they can door knock their way in and eventually spend their dab of commissions on reworked B leads (or worse) have a fail out rate that is way too high in my opinion.
I know everyone wants it yesterday. But a bit of planning and preparing goes a long way.
TRG1225
Super Genius
- 213
You're right about that, that's for damn sure.
Hell, I came in with 10k to start...but still got scorched due to signing with the wrong GA from the jump.
- 4,202
I mean, I've looked at Ops responses from multiple posts where he's kind of all over the place AND a bit defensive when he gets a response he doesn't like.
Sounds like a receipt of success.
Sounds like a receipt of success.
- 5,962
And as a result, I have not, nor will I ever have the pleasure of hearing the full, unedited Travis Tubbs interview.
It will be among my dying regrets.
- 11,511
He was talking about his prior process. I'm pretty sure @DayTimer is still at his firm doing WL and annuities.
- 5,962
If you try to box me into a pre-conceived box, you will likely remain confused.
Nothing has changed. And in the context of this thread I was talking about my prior process.
However, the agency I joined in Q4-2019 remains obstinately closed to in-person client office meetings due to covid even still. This hasn't affected the agents and advisors who had established books of financial planning business. But it has been a real obstacle to me as a new "kid" on the block. After all, the reason I went with that agency was that it was 1) a local, physical office presence, and 2) offered a ton of full case support for me. I don't have the experience or knowledge of, for example, @DHK, and one reason I did as well as I did in Q4-2019 and Q1-2020 was help I had on complex cases. That help took a nose dive on 3/13/2020 when the Governor shut the state down. While much of the state is coming back on line, our agency remains effectively closed.
FWIW, I never gave up my FE contracts. And now that Covid is, hopefully, starting to move into the rear-view, I decided to give into a little spring fever door-knocking jones by running some FE leads. Not for nothing but last year I did write almost $2MM annuity premium and wrote several four and five figure annual premium FU WL cases off FE leads in Q1 2020 before the Covid came to town. I had a tremendous Q1 last year, and half of that was from folks who sent in a lead to buy burial insurance.
On Thursday of this past week I finalized a 1000 card drop that will print and ship no later than this Tuesday. I dropped the mail in four towns close to my office, and I am hoping to be on the doors from 9 AM until dark two days a week, especially once the first leads start to come in, which should be what ... two, three, four weeks?
Also, I have an agent friend teaching me to lead gen on FB, and FE leads are an "easy" or at least less complicated starting point than tax-free supplemental retirement, medicaid compliant annuities, and income tax-exempt supplemental retirement cash flow.
I also just finished designing a direct response mailer for WL that will probably go out the first week of April or so - trying bring an FE lead approach to a more middle class market. We'll see how that goes. Who knows? If it pulls 1% maybe I become a lead vendor lol.
I made a post a few weeks or a month or so back where I said I finally realized that I hadn't changed what I do as much as I though I had. I'm still an FE agent: All I have really done is increased the benefits I can bring to the 50-85 grandma and grandpas, while helping their 25 to 50 year old kids avoid becoming 50 to 85 year old FE peeps.
@WinoBlues would probably say I'm an insurance agent. But as @DHK knows, we are so much more than that even though that is exactly what we are.
"People understand me so poorly that they don't even understand my complaint about them not understanding me."
― Søren Kierkegaard, The Journals of Kierkegaard
Maine is kind of a weird state
IMO, here's the flaw about this though....other IMO's are stacking the agents in the same territories. Just like Daytimer, he went somewhere else. He's still working the same area, but now you're missing the overrides.
You're not controlling the number of agents in a territory, you're only controlling if you get overrides or not. You basically just turned down Daytimer's production over nothing.
I agree with that . . What Newbys saying I think though is Rgi will not mail on top of an agent if they can't get the total leads wanted for both agents .Just like a mail house won't mail the same mail peace on top of each other knowing the second agents return will be poor . I'll be shocked if we don't look at mail return #'s in the yrs to come and see them dropping ( there trending down a little now ) . More and more low income people filling out stuff online . That's going to be a problem for the agent as they could fill out 4 forms in 10 mins . Mail pieces arrive slower so there's a gap in the time period they fill them out
