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re: Misunderstood careers: who knew?!

Posted on 2/26/21 at 1:36 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297608 posts
Posted on 2/26/21 at 1:36 pm to
quote:

Yeah....for $40k
Posted by GoldenBoy
Winning!
Member since Nov 2004
42080 posts
Posted on 2/26/21 at 1:36 pm to
quote:

Entergy Linemen

$135,000.00 + per year


As they should. It’s hard work and their service is clearly in demand.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37386 posts
Posted on 2/26/21 at 1:50 pm to
quote:

it's very easy for an agent to make 500K plus a year in personal income, including six figure bonuses and paid travel trips.


Lol

For every insurance agent making 100k there’s 200 either in a different field or ,asking $40k

Much less 500k. Less than 1% of people who have ever sold insurance are making that. Some of you people are retarded
Posted by DCtiger1
Member since Jul 2009
11195 posts
Posted on 2/26/21 at 1:54 pm to
quote:

Lol

For every insurance agent making 100k there’s 200 either in a different field or ,asking $40k

Much less 500k. Less than 1% of people who have ever sold insurance are making that. Some of you people are retarded


Bud, I'm an insurance agent... Every single one I know is making that or more here in Florida. Stick to shite you know about.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
36490 posts
Posted on 2/26/21 at 2:00 pm to
quote:

That’s fair. Wife and I are in a contract for her currently. It’s a simple lifestyle when we are both able to go because I work remotely anyway. We would not be doing this if I couldn’t go with her.
For sure, sounds like it works in that scenario. If my wife could work remote it would definitely be something that I'd consider. As it is now, I work remotely so we live where she works (and where family is).
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37386 posts
Posted on 2/26/21 at 2:02 pm to
quote:

Bud, I'm an insurance agent... Every single one I know is making that or more here in Florida. Stick to shite you know about.


Bud, less than 1% of Americans make over 300k so, no, not every insurance agent you know is making a half a mil, and even if you did you would know its not "easy"
Posted by DCtiger1
Member since Jul 2009
11195 posts
Posted on 2/26/21 at 2:04 pm to


quote:

Bud, less than 1% of Americans make over 300k so, no, not every insurance agent you know is making a half a mil, and even if you did you would know its not "easy"


How many insurance agents do you know in FL?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37386 posts
Posted on 2/26/21 at 2:05 pm to
quote:

How many insurance agents do you know in FL


3, none make a half a million. There's only 175,000 workers period in the US making around that in 2017.

You may make that much (doubtful) and if you do, congrats. But you're still an idiot.
This post was edited on 2/26/21 at 2:07 pm
Posted by DCtiger1
Member since Jul 2009
11195 posts
Posted on 2/26/21 at 2:12 pm to
A 5 million dollar P&C book is going to generate 500K in revenue at a minimum. that's not including any bonuses or Financial Services sales. Established agents here have books 2 to 3 times the size of that. You know nothing about the industry, it isn't rocket science. Building your renewals and constant growth is the key.

You're just proving your ignorance. You do realize that personal income doesn't always appear as W-2 income? that's want an S-corp is for. I'm happy to post my financials
Posted by DCtiger1
Member since Jul 2009
11195 posts
Posted on 2/26/21 at 2:13 pm to
quote:

3, none make a half a million


Cool, what's their names, what city are they located in and who do they represent?
Posted by kjp811
Denver, CO
Member since Apr 2017
1068 posts
Posted on 2/26/21 at 2:16 pm to
quote:

I'm happy to post my financials


Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37386 posts
Posted on 2/26/21 at 2:17 pm to
quote:

Cool, what's their names, what city are they located in and who do they represent?


I'm certainly not going to share that on anonymous message board.

Its not particularly relevant anyway. One, it's not "easy" to make a half million dollars or more a year or more than 1% of people would do it. Two, it's an asinine statement to say every insurance agent you know does because they would all have agents working for them that don't.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37386 posts
Posted on 2/26/21 at 2:19 pm to
quote:

A 5 million dollar P&C book is going to generate 500K in revenue at a minimum


For someone as smart as you, you'd think youd know the difference between revenue and income.

quote:

You do realize that personal income doesn't always appear as W-2 income? that's want an S-corp is for


Tell me more, my experience as a CPA has taught me nothing about this. Never even heard of it actually.

quote:

I'm happy to post my financials




I'm happy to take a look. Although your Financials have nothing to do with your original idiotic and easily refutable statement.
This post was edited on 2/26/21 at 2:20 pm
Posted by DCtiger1
Member since Jul 2009
11195 posts
Posted on 2/26/21 at 2:24 pm to
quote:

wo, it's an asinine statement to say every insurance agent you know does because they would all have agents working for them that don't.


I'm not talking about some licensed team member or rep you dumbass. I'm talking about an agency owner. The one that owns the business with their name on the sign.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37386 posts
Posted on 2/26/21 at 2:25 pm to
quote:

I'm not talking about some licensed team member or rep you dumbass. I'm talking about an agency owner.


Well that's not what you said, and even if it were I still wouldn't believe you
Posted by DCtiger1
Member since Jul 2009
11195 posts
Posted on 2/26/21 at 2:26 pm to
quote:

For someone as smart as you, you'd think youd know the difference between revenue and income.


You stated a half a mill in income isn't "easy". It isn't hard to get to a point where you're at 500K in revenue, with an additional bonus amount into 100-200k. The agents I know make that much. They are agency owners, not employees at an agency. You know nothing about the industry. Your "friends" probably work at some independent as a W-2 employee
Posted by DCtiger1
Member since Jul 2009
11195 posts
Posted on 2/26/21 at 2:28 pm to
quote:

Well that's not what you said, and even if it were I still wouldn't believe you


w-2 employees aren't agents no matter what they put on their business cards....
Posted by LittleJerrySeinfield
350,000 Post Karma
Member since Aug 2013
10376 posts
Posted on 2/26/21 at 2:28 pm to
Hair dressers. At least the ones that own their own salon. If they are good and work in any decent size metro can do very well. Like $120K +
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37386 posts
Posted on 2/26/21 at 2:34 pm to
quote:

It isn't hard to get to a point where you're at 500K in revenue, with an additional bonus amount into 100-200k.


Yes it is or there would be more people that do it. There's roughly 1.2 million people in the US that sell insurance. Less than 1% have REVENUE of over 500k, much less profit. So, there's only about 12,000 nationwide, yet somehow every single one you know does.

Either you have a tiny network or you're lying.
Posted by DCtiger1
Member since Jul 2009
11195 posts
Posted on 2/26/21 at 2:36 pm to
quote:

Less than 1% have REVENUE of over 500k


where are you getting this statistic from? I'm an agent for the largest insurer in the nation.
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