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Do as I say, not as I do

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Jan 27, 2007 4:42 pm

I've been spending a lot of time here lately and now I'm getting called on it. For the uninformed, let's have this understanding. Business comes first. Cruising over here comes after business, not instead of business.

This past week by the numbers:

Monday       $10,500

Tuesday      $ 3,400

Wednesday   $6,000

Thursday      $4,100

Friday          $2,600

A very good week! My average week is between $16,000, and $17,000. Like the rest of us I have off weeks and great weeks. This week was great! On top of that I have Mrs. BondGuy, a ten year industry vet, pulling about $8,000 a week. So we have enough money for food, shelter, and diesel fuel for our tour bus. And my BOM is just fine with how I spend my time.

That said, I'm the lowest producer of all my friends. Their production ranges from just above mine to about 2.5 million. All, but one works harder than I do. Additionally, this week just in my office 6 other advisors, that I know of, outproduced me. They all work really hard, it's really disgusting. So maybe I do spend too much time screwing around.

BUTTTTTT, do the math, when you reach age 54, after 24 years in the biz, pulling down the money I'm pulling down let me know if you need anyone criticizing your work habits?

Finally there is this. If I was a manager and I caught a trainee on the internet during business hours there would be serious trouble. There is nothing wrong with taking a little break now and then. But to get to my level of screwing around, you have to build it first. And you're not going to build it by hanging out here. You never get back the time you lose. So, do as I say, not as I do.

By the way, this was written on Saturday morning. Now that the temps have come up a bit to around freezing I've got to get my fat butt out on my bicycle to ride 15 miles. Today, I wish I was in SoCal, bad beaches and all

Believe this or not, it's your call.

 

 

Jan 27, 2007 4:56 pm

Bondguy - You couldn’t be more right. All rookies/trainees in the first few years need to either be producing great #'s or have a healthy AUM to have the luxury of fooling around.
I also have a similar situation at my branch, where there are two guys are a good bit younger than me that have been yanking down almost a million bucks a year. And I am referring to their personal pay, it is very impressive. They have really been finding ways to squeeze the most out of each large account while keeping clients happy and still maintaining some above average gains. But I do forsee them both going indy in the near future.

Jan 27, 2007 6:37 pm

"Today, I wish I was in SoCal, bad beaches and all"

Come out out buddy...

Jan 27, 2007 8:39 pm

That's great production BONDGUY.

Working in my bank program you'd be in the top 5% of producers.

I'd like to be where you are now in about 5 years.

Scrim