Will someone PLEASE shoot me straight

[Nicolacrayola]

hey all- I'm just about to start up as an independent agent with an IMO. I'm starting with almost all final expense- mostly fresh exclusive Facebook leads at $15/piece. My IMO starts us at 80%. I will also be branching into Annuities, IULs, and mortgage protection but at the beginning it'll be all FEX. I'm going to put in as much effort as humanly possible- dial Monday's and Thursday's, door knock hang ups and everything else I wasn't able to set during the week every weekend, etc. But I'm having a really hard time getting anyone to give me some idea of an average or ballpark ROI. Can I expect to at least break even given that I've been studying like a mad man? Should I expect to absolutely need to have another job to avoid breaking the bank while trying to get off the ground? I have no clue what is realistic and it's driving me nuts. I don't know many people in my IMO personally and it seems inappropriate to post such a thing on their FB page. Thanks!

 

[Baseball7]

What IMO? You're being underpaid and give into many directions to focus on. What level of training are you getting? What level of infield support are you getting? What carriers are you writing?

 

[Chazm]

You're having a hard time because it's just not possible to tell you.

Imagine me coming up to you and asking what's my chances of this new restaurant that I'm opening, being successful? Oh, I have zero experiences in the restaurant biz.

 

[billyb]

80% and you purchase your leads?

 

[KRobby]

Can I expect to at least break even given that I've been studying like a mad man?

What have you been studying? If you dig a little more, you'll get a better idea from several sources, not to mention, an appropriate starting commission levels for a new indy.

I have no clue what is realistic and it's driving me nuts.

What made you decide on this imo?

 

[Tahoe Ray]

I will also be branching into Annuities, IULs, and mortgage protection but at the beginning it'll be all FEX.

Unless you're talking about a huge IMO with several departments, I will guarantee that they are deficient in one or more of these areas.

 

[Newby]

hey all- I'm just about to start up as an independent agent with an IMO. I'm starting with almost all final expense- mostly fresh exclusive Facebook leads at $15/piece. My IMO starts us at 80%. I will also be branching into Annuities, IULs, and mortgage protection but at the beginning it'll be all FEX. I'm going to put in as much effort as humanly possible- dial Monday's and Thursday's, door knock hang ups and everything else I wasn't able to set during the week every weekend, etc. But I'm having a really hard time getting anyone to give me some idea of an average or ballpark ROI. Can I expect to at least break even given that I've been studying like a mad man? Should I expect to absolutely need to have another job to avoid breaking the bank while trying to get off the ground? I have no clue what is realistic and it's driving me nuts. I don't know many people in my IMO personally and it seems inappropriate to post such a thing on their FB page. Thanks!

80% is very low for FE commission levels. And you should have an open door of communication with your Upline and the agents that are there. If you feel that you can't ask questions, what are they doing to justify taking such huge over rides on your business?

 

[billyb]

You will make more money if you will target one market.

 

[goillini52]

80% is very low for FE commission levels. And you should have an open door of communication with your Upline and the agents that are there. If you feel that you can't ask questions, what are they doing to justify taking such huge over rides on your business?

What do you suggest that she do?

 

[CALTCAgent]

I didn't read the thread, just the title of it, so I wanted to let you know you are at the wrong forum. Even worse you are in the FE section of the wrong forum.