I was more positive in my last post, now here are some words to think about:
The difference between running your own agency vs joining WFG is this: WFG, you work for them...They can actually release you at anytime if they wish too.
If you own your own agency, it's like you are the owner of WFG but on a much smaller scale. You have the power to dictate how things are run, how things are paid, and how the culture of your company is. You are the head honcho. You don't answer to anyone but your clients and Dept of Insurance and their regulations.
At WFG, you are not an owner. You are just another agent. You really have no say whatsoever. You play by their rules.
There has been stories in MLM insurance organizations where a person was able to build a large team and got thrown out of the company. I don't know the reason why but it has happened.
If you ran your own agency, you control your whole team, your whole agency. If an IMO releases your agency, you take your whole team and just contract with another IMO because you are the agency owner. You take your whole team with you to another insurance organization.
If you got released by WFG, your team may not follow. They may stay there and there goes all your hard work. You just built a large sales force for WFG. You did not build a large sales force for your company, you built it for WFG.
This is the biggest reason why I own my own agency. I'm the CEO and founder of my own insurance agency and not tied up to someone else's company.
Understand this: When you joined a company like WFG, Primerica, or any other MLM insurance organizations....you play by THEIR Rule. Not yours. You don't own WFG. You are just another agent under their umbrella of agents.
You may think there is not much of a difference until you get into a disagreement and then all hell breaks lose. They tell you, you are a business owner. But only a business owner under their rules, not yours. If you disagree, you may end up looking in from the outside.
The difference between running your own agency vs joining WFG is this: WFG, you work for them...They can actually release you at anytime if they wish too.
If you own your own agency, it's like you are the owner of WFG but on a much smaller scale. You have the power to dictate how things are run, how things are paid, and how the culture of your company is. You are the head honcho. You don't answer to anyone but your clients and Dept of Insurance and their regulations.
At WFG, you are not an owner. You are just another agent. You really have no say whatsoever. You play by their rules.
There has been stories in MLM insurance organizations where a person was able to build a large team and got thrown out of the company. I don't know the reason why but it has happened.
If you ran your own agency, you control your whole team, your whole agency. If an IMO releases your agency, you take your whole team and just contract with another IMO because you are the agency owner. You take your whole team with you to another insurance organization.
If you got released by WFG, your team may not follow. They may stay there and there goes all your hard work. You just built a large sales force for WFG. You did not build a large sales force for your company, you built it for WFG.
This is the biggest reason why I own my own agency. I'm the CEO and founder of my own insurance agency and not tied up to someone else's company.
Understand this: When you joined a company like WFG, Primerica, or any other MLM insurance organizations....you play by THEIR Rule. Not yours. You don't own WFG. You are just another agent under their umbrella of agents.
You may think there is not much of a difference until you get into a disagreement and then all hell breaks lose. They tell you, you are a business owner. But only a business owner under their rules, not yours. If you disagree, you may end up looking in from the outside.
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