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  1. #1
    Karen37a
    Guest
    https://www.insurancejournal.com/new.../27/484446.htm

    Look at these ex AIG executives set up in St Petersburg Florida because they want to be where the wealthy people are


    Kinda near my office In St Petersburg Florida near the investment banks and hedge funds. I guess I do not have to worry ...I don't sell insurance anymore, I wont get dragged back in..that crash of 185 billion was enough for me.

    ( don't forget to add in the massive loan losses...i ducked under those too)

    I can promise you the least of my worries is mini regulation
    Last edited by Karen37a; 08-28-2018 at 10:01 AM.

  2. #2
    Senior Member Reputation points: 503040
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    Quote Originally Posted by Karen37a View Post
    https://www.insurancejournal.com/new.../27/484446.htm

    Look at these ex AIG executives set up in St Petersburg Florida because they want to be where the wealthy people are


    Kinda near my office In St Petersburg Florida near the investment banks and hedge funds. I guess I do not have to worry ...I don't sell insurance anymore, I wont get dragged back in..that crash of 185 billion was enough for me.

    ( don't forget to add in the massive loan losses...i ducked under those too)

    I can promise you the least of my worries is mini regulation
    Those AIG execs werent 1099s.

  3. #3
    Karen37a
    Guest
    Quote Originally Posted by WestCoastFunding View Post
    Those AIG execs werent 1099s.
    I was though

    Independent sales force placing business thru AIG


    And instead of it being a "funder" or Lender

    They create an organization and decide who to place business thru, if they get big enough ...yes they can pay themselves a salary

    And some insurance agents are employees...some independent "isos" and some are captive ( can only represent one company) and some are not.

    I was Non-captive -independent

    Kinda like an iso...then you build ...turn into isos of isos

    and you can cross-sell products like i did...loans...mutual funds.iras

    Through building these sales forces I realized that some people can only be a single member shop...some 3-5 some 30. Depending on the persons ability and their choices.

    # 1 factor...the person has to be able to lead a sales force and close sales...no one will respect you if you cant.

    Salespeople respect salespeople and business builders...unless they are paid ...then they will do whatever they are told or what they are paid for...until they have value and reach an executive level or mgr etc, No matter what you must provide value to the organization.
    Last edited by Karen37a; 08-28-2018 at 10:34 AM.

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