Failure Rate
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what system did you specifically buy? He has quit a few products offered on his site.
The gold one and I also purchased the CPA referral guide as well. There is a 20% discount code in the Referral Abundance Newslertter. All in I think I paid $250. I’ve gone half way through all the different guides. Only problem is that he is very redundent from guide to guide however the positive is I rememember what he is talking about.
Baldy McGrindy:
I thought maybe he spelled Gates wrong... Man i just got ROOGLEDI thought your were the roogle king? Therefore GOOGLE?
on my own:
Who says "generated 20k Fee Income"?? [quote=on my own]Some wanted to know my production numbers. When I first started at the bank 9 years ago did 300k... Best year 750k in 2007. No Sales assistant due to budget cutbacks. I would have paid for an assistant but the region did not want to pay for health benefits. 2008-did 450k. Why did production go down and why did I leave- I suffered burnout plus I realized I was making all this money and never saw my wife and kids, had high blood pressure, ect. In the beginning of 2009 I had it and just quit. I was done. I did not even consult my wife. I just went home and and told her I quit. Her response-Thank God/It's about time. Took 5 mos off traveling with wife and kids. [/quote] Something smells fishy. Closed $750k 2 years ago, you quit and your wife says "Thank God, its about time" without saying "Ok, breadwinner. How are we going to pay the bills?"I Got a divorced woman with 500k+. Placed that into a VA. That generated 20k Fee Income.
My guess is he meant $20K in upfront commish, with fee trail… L Share… 4% upfront, 1% trail year 2, Prudential…
3rdyrp2:
Who says "generated 20k Fee Income"?? [quote=on my own]Some wanted to know my production numbers. When I first started at the bank 9 years ago did 300k... Best year 750k in 2007. No Sales assistant due to budget cutbacks. I would have paid for an assistant but the region did not want to pay for health benefits. 2008-did 450k. Why did production go down and why did I leave- I suffered burnout plus I realized I was making all this money and never saw my wife and kids, had high blood pressure, ect. In the beginning of 2009 I had it and just quit. I was done. I did not even consult my wife. I just went home and and told her I quit. Her response-Thank God/It's about time. Took 5 mos off traveling with wife and kids. [/quote] Something smells fishy. Closed $750k 2 years ago, you quit and your wife says "Thank God, its about time" without saying "Ok, breadwinner. How are we going to pay the bills?"[/quote] What about people who do 1.2-2.6M in production, then get barred from the industry? Happens.. Maybe he needed a break(burnout, especially after last year with bank products).. do $750K at say worst case 30% which is $210K saves some, has 5 months to cool down, thinks about another industry, finds out can't make that money anywhere else, comes back, indy side, less production needed, less bank headaches, more control.. possible..[quote=on my own]I Got a divorced woman with 500k+. Placed that into a VA. That generated 20k Fee Income.
I don’t know, reading the story made me feel like I was being sold something. That tale sounded like it had been told a few times.
3rdyrp2:
Who says "generated 20k Fee Income"?? [quote=on my own]Some wanted to know my production numbers. When I first started at the bank 9 years ago did 300k... Best year 750k in 2007. No Sales assistant due to budget cutbacks. I would have paid for an assistant but the region did not want to pay for health benefits. 2008-did 450k. Why did production go down and why did I leave- I suffered burnout plus I realized I was making all this money and never saw my wife and kids, had high blood pressure, ect. In the beginning of 2009 I had it and just quit. I was done. I did not even consult my wife. I just went home and and told her I quit. Her response-Thank God/It's about time. Took 5 mos off traveling with wife and kids. [/quote] Something smells fishy. Closed $750k 2 years ago, you quit and your wife says "Thank God, its about time" without saying "Ok, breadwinner. How are we going to pay the bills?"[/quote][quote=on my own]I Got a divorced woman with 500k+. Placed that into a VA. That generated 20k Fee Income.
3rdyrp2:
Who says "generated 20k Fee Income"?? [quote=on my own]Some wanted to know my production numbers. When I first started at the bank 9 years ago did 300k... Best year 750k in 2007. No Sales assistant due to budget cutbacks. I would have paid for an assistant but the region did not want to pay for health benefits. 2008-did 450k. Why did production go down and why did I leave- I suffered burnout plus I realized I was making all this money and never saw my wife and kids, had high blood pressure, ect. In the beginning of 2009 I had it and just quit. I was done. I did not even consult my wife. I just went home and and told her I quit. Her response-Thank God/It's about time. Took 5 mos off traveling with wife and kids. [/quote] Something smells fishy. Closed $750k 2 years ago, you quit and your wife says "Thank God, its about time" without saying "Ok, breadwinner. How are we going to pay the bills?"[/quote] What would I have to gain by lying and I have nothing to prove. I was just answering all the PMs I was receiving. To answer your post directly...My wife was more concerned about my mental and physical health than the money I was bring in. I'm sure that you will agree when you have been in the business for 15 years and keep your expenses low you can probably bank alittle bit of coin. Enough said.[quote=on my own]I Got a divorced woman with 500k+. Placed that into a VA. That generated 20k Fee Income.
on my own:
Who says "generated 20k Fee Income"?? [quote=on my own]Some wanted to know my production numbers. When I first started at the bank 9 years ago did 300k... Best year 750k in 2007. No Sales assistant due to budget cutbacks. I would have paid for an assistant but the region did not want to pay for health benefits. 2008-did 450k. Why did production go down and why did I leave- I suffered burnout plus I realized I was making all this money and never saw my wife and kids, had high blood pressure, ect. In the beginning of 2009 I had it and just quit. I was done. I did not even consult my wife. I just went home and and told her I quit. Her response-Thank God/It's about time. Took 5 mos off traveling with wife and kids. [/quote] Something smells fishy. Closed $750k 2 years ago, you quit and your wife says "Thank God, its about time" without saying "Ok, breadwinner. How are we going to pay the bills?"[/quote] What would I have to gain by lying and I have nothing to prove. I was just answering all the PMs I was receiving. To answer your post directly...My wife was more concerned about my mental and physical health than the money I was bring in. I'm sure that you will agree when you have been in the business for 15 years and keep your expenses low you can probably bank alittle bit of coin. Enough said.[/quote] I don't find any of it far fetched. I actually like the cold call script. It's the wedge to get between the current advisor and the client. I think people are confused, at least the ones I've talked to. There's a lot of cash out there, but a lot of people are fully invested or won't commit more. I like the idea of asking if they're hearing from their advisor at all. Speaking of divorced women...I'm gonna hit that market...this time for business...Ice, you know the event I'm going to do![quote=3rdyrp2][quote=on my own]I Got a divorced woman with 500k+. Placed that into a VA. That generated 20k Fee Income.