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Started By
Message
re: Misunderstood careers: who knew?!
Posted on 2/26/21 at 3:24 pm to DCtiger1
Posted on 2/26/21 at 3:24 pm to DCtiger1
quote:
This year, my second year, I’m on track for 500k in revenue and my March bonus is 63,500
So you haven't made 500k and you probably won't this year either with that revenue.
You make a lot of money congrats, but you lied and I called you out. Don't lie, don't get called out. Pretty simple.
quote:
My peer group is super successful and I’m one of the top agents in the company
So of they are as successful as you they won't make 500k yet its easy?
quote:
Why would I make that up?
Good question
1
Posted on 2/26/21 at 3:25 pm to Mingo Was His NameO
quote:
I'm not sure I can because I'm not sure its that high. Using all available data, it's certainly not over that.
Figures
Posted on 2/26/21 at 3:25 pm to boxcarbarney
Its for his own good. Walmart is gonna can his arse.
Posted on 2/26/21 at 3:25 pm to tigergirl10
its a known fact here on the OT that teachers are about as respected as liberals 
Posted on 2/26/21 at 3:25 pm to Mingo Was His NameO
I’m in my second year genius. My friends have been agents for 7 plus years or more.
Posted on 2/26/21 at 3:26 pm to RogerTheShrubber
quote:
Walmart is gonna can his arse.
H&R Block, but at least in won't be for showing up to the job drunk
This post was edited on 2/26/21 at 3:27 pm
Posted on 2/26/21 at 3:27 pm to DCtiger1
quote:
DCtiger1
Captive agency or independent? Commercial or personal lines P&C?
ETA: Never mind. I see it's SF. I've met with 3-4 SF agents, but didn't want to commit to them while trying to stay in the commercial game.
1 or 2 of those agents were pretty good fits, but could pose some logistical problems with my custody arrangement.
This post was edited on 2/26/21 at 3:31 pm
Posted on 2/26/21 at 3:28 pm to CharlesLSU
quote:
Accountants (Big 4 in particular) - who knew Partners could easily eclipse $1million annually. Directors coasting at $300k-$400k into a retirement with a solid pension.
You know how much crap you have to take and how much a grind to get to that point? The people I met who are in this field on this track were cookie cutter corporate types with little ingenuity. Yeah they make bank but have the personality of a worn out catchers mit.
Posted on 2/26/21 at 3:29 pm to DCtiger1
quote:
That bull shite copy pasta has nothing to do with what I asked. Where are you getting that less then 1 percent of agency’s have 500k in revenue?
https://www.insurancejournal.com/news/national/2010/12/20/115803.htm
Albeit dated
quote:
According to the 2010-2011 Growth and Performance Standards (GPS) study, pre-tax agency profit varies from 4.25 percent to 10.00 percent, depending on agency size. The smallest agencies in the revenue range of $500,000 and less had the lowest profit of 4.25 percent, while agencies in the largest revenue range of $3,000,001 and over had the highest profit of 10.00 percent.
quote:
Compensation per owner varies from $52,600 in the smallest agencies to $260,500 in the largest agencies.
But do you really even need an insurance salesman. Why not go the model of Tesla and cut the bullshite out completely?
Posted on 2/26/21 at 3:32 pm to MrSpock
You're wrong bro. Every single insurance agency owner is pulling in half a milli
Posted on 2/26/21 at 3:34 pm to Mingo Was His NameO
quote:
H&R Block, but at least in won't be for showing up to the job drunk
When you turn 21, youll finally be legal. Cross fingers, only 5 more years!
Posted on 2/26/21 at 3:34 pm to DCtiger1
quote:
500k
quote:
Every single one I know is making that or more here in Florida
Hello. I am now your local AllState Agent.
Posted on 2/26/21 at 3:36 pm to DCtiger1
quote:
My peer group is super successful and I’m one of the top agents in the company.
So you're in year two of your career and you're one of the top agents in the company?
You must be very talented. Good luck in your endeavors.
Posted on 2/26/21 at 3:38 pm to East Coast Band
quote:
Government workers who retire at 49 years old with a full pension you and I have to pay for.
Civil service employees???? They pay into that.
Unless you mean the elected idiots.
Posted on 2/26/21 at 3:39 pm to MrSpock
quote:
So you're in year two of your career and you're one of the top agents in the company?
I'm not sure his statements add up. He says every single agent he knows brings in 500k+. He also says he brought in 380k last year and is one of the top agents in the company.
Posted on 2/26/21 at 3:40 pm to MrSpock
quote:
So you're in year two of your career and you're one of the top agents in the company?
You must be very talented. Good luck in your endeavors.
Yes, we are a Chairman's Circle office.... It's Sales not rocket science. Unfortunately a lot of agents become complacent and are okay with their renewal comp.
Posted on 2/26/21 at 3:42 pm to tigercross
quote:
I'm not sure his statements add up. He says every single agent he knows brings in 500k+. He also says he brought in 380k last year and is one of the top agents in the company.
Revenue doesn't equal top agencies. Production does. That's what the company cares about. Growth is everything.
Posted on 2/26/21 at 3:42 pm to CharlesLSU
District judges in Louisiana who work for 20 years get their salary guaranteed every year for the rest of their life, and it’s like $165k, and people wonder why Louisiana is broke as fricking shite.
Posted on 2/26/21 at 3:43 pm to DCtiger1
Is the insurance industry different than every other industry where agents measure their pay by how much revenue they generate?
Posted on 2/26/21 at 3:44 pm to DCtiger1
quote:
Revenue doesn't equal top agencies. Production does. That's what the company cares about. Growth is everything
You've lied and or changed your story at least a half dozen times in this thread.
At least you admitted you lied though.
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