New FA at EdJones
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Can anyone give me some insight into their experience going door to door for Jones in the beginning? It does not seem like it is a very efficient thing to do almost nobody gives you the time of day. What if you are not making the 25 contact a day?
Do some searches on this topic and research the threads. Lots on this topic. After you read them, come back with some specific questions. In a nutshell: most firms would agree that to be successful you have to make in the range of 25 “real” contacts a day in the first few years to make it. The way this is presented may be different at each firm, but it all boils down to the same concept - MAKE CONTACTS. If you have a better way of filling the pipeline in the first 6-12 months, knock yourself out. Cold call, do seminars, carry signboards, whatever. Jones won’t care as long as you are REALLY making contacts and actually opening accounts (with money). They will tell you that you must door-knock, so just go through the motions and start opening accounts and filling the prospect pipeline from wherever you get them. BUT, if you do NOT start opening accounts, and do NOT have a healthy pipeline, and are NOT doorknocking, see you later.
Jones explains all of this, how the 25 is tracked, etc. during the interview process, so it sounds to me like you haven’t actually been hired yet.
Good luck.
Sure, it's easy. Start at 7 am at the local coffee shop. Meet a couple people there. Trade biz cards with the biz owners that are there early like you. 9:00 start ringing doorbells until your feet fall off or you hit 25, whichever comes first. You'd be suprised how many people you can actually talk to in an hour. Not all of them are going to be great prospects, but who cares. They're people to tallk to. If you can find 1-2 really good prospects everyday you're golden. If you've got that done by say 2 in the afternoon, keep going. Who knows what tomorrow will bring.
Afternoons will be slow, so take advantage of early mornings and later in the day. If you're doorknocking in the summer, 4-7 can be a great time to find people home. If it's winter, like now, 9-11 is a great time. Catch them before they go somewhere. You'll have varying levels of conversation. Some people will be eager to talk with you and spill their guts. Others will completely blow you off. Get used to it. It's normal. 5 years of that and you should have a great business put together.I would think all u find are housewives who know nothing about $$$$ in the daytime when u doorknock.
My point being … must be hard talking to a housewife …but I’m sure u can knock in offices as well
Well - You would be wrong.. Maybe in your market but this is not the case.. thanks for your two cents anyway. Miss JI would think all u find are housewives who know nothing about $$$$ in the daytime when u doorknock.
[quote=mrsobama]I would think all u find are housewives who know nothing about $$$$ in the daytime when u doorknock.
Well - You would be wrong… Maybe in your market but this is not the case… thanks for your two cents anyway.
Miss J[/quote]
Yes its probably a market thing. Where I live the housewives spend their days recovering from plastic surgery, tending to their wounds & then there is the marathon dinner they have to make for the Dutch man is spoiled & has a special appetite & “palette”.
If an EJ guy came by…they’ll be lost at all the “Math”.