So long, mr weddle
149 RepliesJump to last post
Being the world’s leading authority on everything occupies all of Spiff’s time…he has no time for goals.
Spiff, I commend your honesty. Your numbers really only matter to you and your employer. Some folks here have had a little fun at your expense and that’s OK. I’m man enough to realize that my $300K isn’t at the top of the charts, but I’m also satisfied that it is more than enough to meet my needs. I rarely borrow at this stage in the game…my sum total indebtedness is less than $80K and that covers three houses, a wooded lot to build my weekend getaway, a car, a minivan, a 4WD truck and two motorcycles…one brand new that I just wrote a check for. At the same time, I’m over half a million in retirement assets (not including the value of my book) and I’m probably 40 years from full retirement (by choice - not necessity). For me, here in the corn belt, that’s good enough at this stage in the game. I’m just starting to make the good money, so in a few years, I expect these numbers will look like peanuts.
If you're happy and the bills are paid, that's what's important. Not all of us are built to be cold-calling studs. Meanwhile, all opinions are welcomed (if not necessarily agreed with)...that's what a forum is for.[quote=Spaceman Spiff]
Are you done having fun with me yet?
I realize I don't meet all of your expectations. My apologies. I don't remember ever telling you folks that I was a big hitter. If you construed my comments as such, that was your fault. I'll try to get my numbers up next year so I can have an opinion like the rest of you do. [/quote] Yep you really showed us up!!! you da man! You're right we always believed you were a "big hitter" unfortunately it's your family ube hitting. Hope the missus has a job offer that pays as much as you do because after the 6 years in the field with such a aum, you might be getting a talking to OR some GP's relative will be getting an even bigger book than what you took over....think it can't happen to you, we on the "dark side" have seen that and even worse. Because EJ was the only firm that gave you a chance, you now feel like you owe them big time.... I pity your blindness.[quote=Spaceman Spiff]
Are you done having fun with me yet?
I realize I don't meet all of your expectations. My apologies. I don't remember ever telling you folks that I was a big hitter. If you construed my comments as such, that was your fault. I'll try to get my numbers up next year so I can have an opinion like the rest of you do. [/quote] To be quite honest Spiffy, you set yourself up as a cut above. I am 5 years in and 25% more assets than yourself but that certainly doesn't make me a high achiever but rather puts you in the lower decile of producers. You better get your numbers up as you can't be having a easy time staying yellow at your numbers........You guys kill me. I've given you two pieces of info and you have me headed to the home office or worse. I've told you my AUM and that I'm Seg 3. From there you make assumptions about everything else about me.
Seg 3 is a big place. $15,000 to $27,000 gross rolling 4 month average. I could be either a $180K producer or a $300K producer and still be Seg 3. I'll tell you I'm in between those. There's another piece of info. Jones doesn't set standards for AUM. I know guys who have almost 50% more assets than me that are producing less (cough...cough...spears...cough...cough). I like LI, which doesn't require AUM. I can bring in a $25,000 account that may gross $1000, but write a couple of life insurance tickets and bring in twice that. So, my AUM really doesn't have a huge impact on my production. The trails will certainly help as they grow, however. I'm not thrilled with my AUM. I'm doing what I can to make it grow. By my conservative calculations if I simply continue to do what I'm doing now, I'll have a $100 millon office in about 7 years. I'll bet I can hit it faster than that. So, think what you will. I don't care. I don't believe you would think any more of me if I said I was at $500K a year and still at Jones. Then you'd probably tell me I'm stupid for not getting a better payout. So, as I see it I can't win here. But you guys just keep making your assumptions.Home-office watches and monitors these boards, If you work for Jones, they know who you are. Why do you think this forum is not blocked on your jonesnet? Spaceman, do yourself a favor, quit wasting your time arguing on here, and get to work.
[quote=Broker7]Home-office watches and monitors these boards, If you work for Jones, /QUOTE]
Really? What a huge waste of time and resources.
I take back my last post, there is so little going on here it probably would take 5-10 minutes a week.
I just had 12223 deposited in my business checking acct today. That was for work for last week or so of Oct thru Nov 8. I have another 5200 in net production ready to paid in two weeks…that puts my production at 17400 NET NET superstar! THose are SEG 5 numbers in your world. GET TO WORK. ITS SHIT TO BE YOU…go ahead and sell whatever…but it will be a long time before you can out net me. But, geez Wally, I can win two trips a year and pay the taxes on it. I can loan the company money and get 7%…I’ll give up 65% to get that…How many outbounds calls have you made today slacker…
Skrainka on CNBC…the blind leading the blind…Yes it was kind of harsh…I told myself I was going to be nicer…Sorry Spiff. I know your doing your best and its tough with so many Jones offices in your area.
That’s more like it. A little jabbing is fine, but try to keep it in check…
Regardless of whether or not Spiff matches up with your success, he's still ahead of the 90% that didn't make it in the industry... Oh, and incidentally, my net for this run, with the 2% production bonus was a bit over $18K...I guess I can coast for the last half of the month...Old habits are hard to break. Water off a ducks back.
Actually the other Jones reps around (9 within a mile radius of my office, with more on the way) don't really affect my prospecting efforts. There's over 35,000 households in the two zip codes I generally market to. Close to $12 Billion in investable assets. Compare that to my hometown that has 2 brokers in town and 6000 households. $1.6 Billion in investable assets. I'll take my chances here.I would agree…I have somewhere in the neighborhood of 3000 prospects in my system.