This content was created by Andy Neary. This content was uploaded by Andy Neary. This is a YouTube video titled "Business advice for an insurance agency owner." It features Andy Neary discussing the challenges and self-awareness required to run an insurance agency, recorded on February 11, 2025.
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Well, you and I were talking offline about that. You know, I think a lot of people do give it a shot. A shot and realize that running the agency isn't for them. So you see all of a sudden how they quickly either merge their, their agency with another agency, maybe lucky enough just in a short period of time to get acquired, but they, they do that because they realize that maybe they weren't born, you know, they don't have the DNA to actually run the agent. There's nothing wrong with that. Right. So it's more, it's more about self awareness. Yeah. Are you, do you have what it takes to actually run the agency and be the CEO? Yes. Because I see a lot of advisors in our industry that, man, you know, they, they go to work for an agency, have success, and at some point they get frustrated. So like, man, I'm, I'm selling all this business, but I gotta split over half the commission with my, my agency. I'm gonna go start my own agency so I don't have to split commission anymore. But what they don't take into account is there's this whole other side called running the business. It's not just about selling insurance.