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I need to quit my job. I know this is for me.

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Is this the guy who replaced Wet’s windows aka fucked his wife?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Wet_Blanket Quote  Post ReplyReply Direct Link To This Post Posted: Nov/03/2020 at 12:50pm
Originally posted by RIArules RIArules wrote:

Is this the guy who replaced Wet’s windows aka fucked his wife?
Watch your tongue! I got a 6% discount! 
September 23, 2020

Moraen: Book it. Trump wins by a huge margin.
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I learned a lot listening to podcasts and following personal finance subreddits when I was in college. Highly recommend Stacking Benjamin’s as a podcast. Also, We study billionaires for general investing knowledge. 

Edited by Chips - Nov/03/2020 at 12:59pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote B24 Quote  Post ReplyReply Direct Link To This Post Posted: Nov/03/2020 at 12:58pm
Originally posted by newbieRIA newbieRIA wrote:

I made 873k at 30 years old, it almost killed me.  I think this kid is smart for getting out of a very transactional business and start something reoccuring.  He will be 40 making 500-750k a year reoccuring if he can hustle as much as he said.  Def get into ethic training and learn how to invest a portfolio.  This job is a sale job with knowledge of asset allocation.  Thats all it is if you just want to put people in model portfolios and not do planning work.

You know how many people we have seen and heard that can "hustle", that made it 3 months in this industry?

So, you're saying he is going to be roughly a million-dollar producer ten years from now, just because he's good at selling alarm systems? Confused
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Originally posted by Jake48 Jake48 wrote:

I work 35-40 hours a week and make 400k selling door to door. Thing is i have no passion for it and cant take it any more. Ive been doing it since I graduated college in 2012. And im done. I dont care about the money ill do a job for 100k if i can sell something im passionate about and that makes a difference in peoples lives. I want to be in a profession where I feel fulfilled. as soon as my times up im out. I have no problem cold contacting people, its all ive done for years, all day every day mom-saturday. And all Ive heard people complain about in this indistry prospecting and cold calling. i am the best sales person in my industry. Probably sold some of yall lol. I can do it all day rejection doesnt scare me. I know if i took a job as a financial advisor I would start at a fraction but I have NO DOUBT id eventually be making 7 figures. HERES THE PROBLEM. I couldnt tell you the difference between a stock and a bond! Im litterally as green and foreign to the financial world as anyone could be. I’m about as knowledgeable as kindergardner, seriously! And I dont like winging it. I could get a job and sell financial products all day that i kmow nothingh about but i have an ethical issue with that and speaking about something i dont understand is not something im willing to do so please dont talk to me about the jumping and learning to swim philosophy. I know you can never grasp every detail of an industry and im not trying to but i want to at least have some understanding to speak intellegentlu on the subject PRIOR to working in the field. Im a slow learner but once i learn it i excell at it. Im good at studying i just dont know what to study there so much material out there. It crossed my mind taking some night classes maybe get my mba but its too broad i just need a schooling in financial advising, the terminology, ideas, something to wrap my head around and get some grounding in. Im contracted with my current company for 18 more months so I wanted to take this time to study. Can you guys please recommend some books that I could read that would give me knowledge on the subjects that id cover so that I could study and be prepared to speak intelligently on the subject. I dont want sales books or psycology books i know all that. Freaking websites out there telling me to study art of war to be prepared for financial advising haha i get it im a salesmen but again, educational, terminology, definitions, thats what im looking for. if anyone has suggestions it would be EXTRMELY valuable to me thanks!

Hey Fuck Face... if you’re the door to door salesman that up-sold me on the Custom Fit Limited Edition Furry Outfit, I thought you said you were discrete... keep that shit on the LOW... if not... disregard and welcome to Advisor Heads
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Originally posted by luvindy luvindy wrote:

Originally posted by WarPig WarPig wrote:

Make sure to enter a profession where you don't have to communicate with clients via the written word. Paragraphs bro!

Came here to say this.



Well

     Said
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Originally posted by Wet_Blanket Wet_Blanket wrote:

Originally posted by RIArules RIArules wrote:

Is this the guy who replaced Wet’s windows aka fucked his wife?
Watch your tongue! I got a 6% discount! 

Turn in your Socialist Card Immediately... I can’t believe you paid for something instead of waiting in a Window Line

Also. 6% is 6% haha
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Originally posted by B24 B24 wrote:

Originally posted by newbieRIA newbieRIA wrote:

I made 873k at 30 years old, it almost killed me.  I think this kid is smart for getting out of a very transactional business and start something reoccuring.  He will be 40 making 500-750k a year reoccuring if he can hustle as much as he said.  Def get into ethic training and learn how to invest a portfolio.  This job is a sale job with knowledge of asset allocation.  Thats all it is if you just want to put people in model portfolios and not do planning work.

You know how many people we have seen and heard that can "hustle", that made it 3 months in this industry?

So, you're saying he is going to be roughly a million-dollar producer ten years from now, just because he's good at selling alarm systems? Confused

If he is telling the truth, then yes absolutely.  
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Moraen Quote  Post ReplyReply Direct Link To This Post Posted: Nov/03/2020 at 2:49pm
I’m with helado. Stay with what you are doing.

If you do want to get into the profession, learn as much as can from this board before you jump ship.

Go to Jones, like bc said. Great place to start.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Moraen Quote  Post ReplyReply Direct Link To This Post Posted: Nov/03/2020 at 2:50pm
Originally posted by newbieRIA newbieRIA wrote:

Originally posted by B24 B24 wrote:

Originally posted by newbieRIA newbieRIA wrote:

I made 873k at 30 years old, it almost killed me.  I think this kid is smart for getting out of a very transactional business and start something reoccuring.  He will be 40 making 500-750k a year reoccuring if he can hustle as much as he said.  Def get into ethic training and learn how to invest a portfolio.  This job is a sale job with knowledge of asset allocation.  Thats all it is if you just want to put people in model portfolios and not do planning work.

You know how many people we have seen and heard that can "hustle", that made it 3 months in this industry?

So, you're saying he is going to be roughly a million-dollar producer ten years from now, just because he's good at selling alarm systems? Confused

If he is telling the truth, then yes absolutely.  

No.

This is the hardest sales job out there. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote helado Quote  Post ReplyReply Direct Link To This Post Posted: Nov/03/2020 at 7:08pm
I'd also honestly consider doing this...

1.  Stay in current job, it admittedly only takes 35-40 hours a week.
2.  Take CFP classes, read these forums, learn the finance part of this job.
3.  Join an indy b/d, or start your own RIA, while continuing to work your current job (which reads to me like he's an indy contractor there).  
4.  As this business income builds, start shifting away from alarm sales.

Do it over 3-5 years.  This is basically how I started this career (no, I didn't sell alarms).  

Guy has too good of a career to just take the leap for this industry (which has never been a sure thing, has a high failure rate anyway, and is under pricing and regulatory pressure).  Plus, he can add a bunch to his savings...maybe during this journey he finds a book to buy...and would have the money to buy it.  

My $.02.  
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helado makes a good suggestion here. Something a new dude wouldn't appreciate that he should know is that he would have to disclose that he has another source of income if he's with a BD. Not a bad thing, but a fact of life to live with. 

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Wtf are you doing? There is an election on! 
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Originally posted by helado helado wrote:

I'd also honestly consider doing this...

1.  Stay in current job, it admittedly only takes 35-40 hours a week.
2.  Take CFP classes, read these forums, learn the finance part of this job.
3.  Join an indy b/d, or start your own RIA, while continuing to work your current job (which reads to me like he's an indy contractor there).  
4.  As this business income builds, start shifting away from alarm sales.

Do it over 3-5 years.  This is basically how I started this career (no, I didn't sell alarms).  

Guy has too good of a career to just take the leap for this industry (which has never been a sure thing, has a high failure rate anyway, and is under pricing and regulatory pressure).  Plus, he can add a bunch to his savings...maybe during this journey he finds a book to buy...and would have the money to buy it.  

My $.02.  
Can you imagine, that if he did do both jobs for some amount of time, and he door knocked one of his clients and tried to sell them an alarm system.

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He couldn't go to EDJ and still work his current job.  He'd have to go indy to do that.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Moraen Quote  Post ReplyReply Direct Link To This Post Posted: Nov/04/2020 at 11:38am
Originally posted by helado helado wrote:

He couldn't go to EDJ and still work his current job.  He'd have to go indy to do that.

True. I'm not sure many people have the ability to build this business and work another.

There may be others like you helado, but I'd say you are an exception.
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I actually think the way I did it was and is the absolute best way to do it.  I'd have failed in any other channel.  

It's time IN the business that drives success.  Being indy and having an income makes that time frame almost indefinite.  If everyone was given 5 years to build a book, almost no one would fail.  

My $.02.  

I don't think I had it harder, I think I had it easier...this excludes being hired onto a team at a wire (a reputable team not looking to use you) or being given a GK or an office at EDJ.  

Que the EDJ people saying GK's don't help.  Just fuck off now and don't bother posting it.  
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Moraen Quote  Post ReplyReply Direct Link To This Post Posted: Nov/04/2020 at 11:50am
Originally posted by helado helado wrote:

I actually think the way I did it was and is the absolute best way to do it.  I'd have failed in any other channel.  

It's time IN the business that drives success.  Being indy and having an income makes that time frame almost indefinite.  If everyone was given 5 years to build a book, almost no one would fail.  

My $.02.  

I don't think I had it harder, I think I had it easier...this excludes being hired onto a team at a wire (a reputable team not looking to use you) or being given a GK or an office at EDJ.  

Que the EDJ people saying GK's don't help.  Just fuck off now and don't bother posting it.  

Being given assets doesn't help. 

I think the issue is you are disciplined business-wise. I don't think many salespeople are. 

I know how you built your business and you were able to do so with the future in mind - and it paid off. So many can't keep their eye on the prize.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote B24 Quote  Post ReplyReply Direct Link To This Post Posted: Nov/04/2020 at 12:03pm
Originally posted by Moraen Moraen wrote:

Originally posted by helado helado wrote:

I actually think the way I did it was and is the absolute best way to do it.  I'd have failed in any other channel.  

It's time IN the business that drives success.  Being indy and having an income makes that time frame almost indefinite.  If everyone was given 5 years to build a book, almost no one would fail.  

My $.02.  

I don't think I had it harder, I think I had it easier...this excludes being hired onto a team at a wire (a reputable team not looking to use you) or being given a GK or an office at EDJ.  

Que the EDJ people saying GK's don't help.  Just fuck off now and don't bother posting it.  

Being given assets doesn't help. 

I think the issue is you are disciplined business-wise. I don't think many salespeople are. 

I know how you built your business and you were able to do so with the future in mind - and it paid off. So many can't keep their eye on the prize.

The tough part is, it's hard to get hired at a firm that will actually allow you to do this, no? Or do indy B/D's really care?
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Indy firms allow this.
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