Andy Neary, with 23 years in insurance, explains why producers quit: the initial excitement and money fade, then they realize they're on their own with no real support, which kills retention.
Chapters
When you were first hired by your insurance agency or the insurance company you work for, you were given a nice paycheck. You were excited. You came in with a lot of positive energy because you saw the revenue and income capabilities that can be generated in this industry. I know that's exactly what I saw when I got in 23 years ago. But here's what typically happens, and I bet you this has happened to you after the reality of the nice paycheck wears off. The excitement of working in an industry that has unlimited growth, if you do it the right way, you realize that you're kind of out on your own. You're out on an island to go figure it out yourself.