Insurance agents often treat commission checks as personal income, paying themselves first and struggling to fund leads and insurance. The fix: deposit commissions into a business account, pay business expenses first, then take what's left for personal bills. This simple reorder stops agents from constantly running out of money for growth.
Ever made this mistake? We try to make a sale, they couldn't afford it. The way I view it is you have their money here, $842 a month from Social Security, call it what it is. Then they got their rent, and then they got their whatever car payment, and then they go out to eat a few times a week, and then they got this expense and their cigarettes and the vodka bottle that you see on the table, and you know what I mean, like all the stuff. And then we as agents, we try to squeeze in the insurance at the bottom when there's nothing left, right? And I'm like, you mean to tell me after all this time you can't squeeze the insurance up here and knock something else off? Like, our skill set's so low we go in at the bottom, and that's what most agents do. We try to squeeze it in, right? What does this have to do with anything? Well, when you deposit your money into your personal account and then they're like, hey, it's time for leads, what do they, what do they say? I got no money. Why? Because they look at their, their deposits and their commissions, they go, commissions, I got my mortgage, then I got my car payment, then I, we go out to eat, then we got vacation, then I gotta save money, then I got my kids' tuition, then, and then leads go down here. When you put your money in a business account, business account, business expenses, and then when it's left, it goes over here to the personal side. Now you're playing a different game.
How YOU Can Make $15,000 Per Week from ANYWHERE ft. Keenan Stockling Jr | Ep112
