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Description

Our guest is Edward Pritchett, managing partner at Symmetry Financial Group and CEO of one of their top-performing agencies, which boasts one of the highest agent-retention rates in the industry. During his interview, Edward emphasizes that as 1099 earners, agents are business owners; as such, they need to plan how to run a business before plunging into entrepreneurship. He also discusses the mindset required to succeed at the highest level and the need to stay ahead of the curve regarding industry developments and adapt your strategies accordingly. Join us to discover the practical implications of adopting the mindset of a business owner and how to avoid common pitfalls that hinder long-term growth, a no-nonsense approach to coping with those who don't perform as expected as well as creating an environment where agents thrive and stay committed, and why continuous education is the best avenue to advancing your professional growth and distinguishing yourself from your competition.

Be sure to check out the show notes at staypaidpodcast.com for a complete summary and additional insights from the episode.

Connect | Resources

·      Connect with Edward on social media by searching: theedwardpritchett

·      YouTube podcast: Life Insurance Today with Edward Pritchett

You can get free resources, including e-books, printables, and lead magnets to attract new leads, by visiting our Resource Library.

 

0:00     Introduction

1:53     Introduction to real estate investing

3:53     Gratification from making a difference

5:27     Advice for starting an insurance career

8:39     Preparation leads to success

10:37   Need to learn the business    

14:34   The key to longevity in insurance

17:08   Consequences of the downline model

17:08   Set expectations for new agents

21:19   Tactics to encourage continuous education

23:46   Parsing out your resources

29:02   Give value to get value; earn resources

30:57   Information and training for agents | Podcast

35:18   Action Item

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The Secret to Building a LASTING Insurance Career