Why would you do that to yourself? Why would a 61 year old making $75,000 per year risk it all to start a business where you would have to sink what little you have saved into a business that you can end up "not being offered a contract" after a year? Plus, work 16 hours a day 7 days a week for years...for free? Bad decision. Don't worry. I don't think there is a chance they will put you on due to your age. (I am about your same age.) Keep your present job and your peace of mind!
Becoming a State Farm Agent
- Thread starter shawn17ths
- Start date
- 322
you're not too old for state farm to consider, as when I went through the training program there was someone around your age. I would not advise it though, based on the data you've given me. If you are content with your job and can retire in 5-10 years I'd stick with that route. It will take 5-10 for you to even see the light at the end of the tunnel even longer if you are going scratch.
- 1,076
I have a friend that is in his second year of running his own SF office that would agree with you. His uncle is a 30 year SF agent that said he would go Indy if he were starting right now. SF owns th business so you are basically working hard for the opportunity for a high paying job... but you are not really a business owner because you don't own the book of business.
NIce to see you still alive and kicking. Hope you like the furniture.
- 9,744
Why do you post a question about ALFA in a State Farm thread??? Is it SPAM or worse?????????????? ALFA seems to be in only 6 states.
Alfa Insurance Home Page
possibleagent
New Member
- 1
i am looking into the opportunity. the recruiter says scratch is the best way to go (!). i see on this board...maybe not so much. are there any agents on here that are scratch that are in year 5 or later??? wondering how they are doing and what to look forward to (IF i decide to follow through). too many on the SF side are really selling the red kool-aid.
to be upfront, based on my research, i am not sure it is worth pursuing. uncertainty in the insurance climate, the mgmt decides if you stay in business instead of the owner, no equity, no control of price, politics. i am also considering owning a franchise food service like Subway or Quiznos and my pro formas look like i would break even a lot sooner than the agent gig. the only reason i entertained looking at this was i met a recruiter and he told me to look into it and said all the renewals commissions are a key comp benefit.
to be upfront, based on my research, i am not sure it is worth pursuing. uncertainty in the insurance climate, the mgmt decides if you stay in business instead of the owner, no equity, no control of price, politics. i am also considering owning a franchise food service like Subway or Quiznos and my pro formas look like i would break even a lot sooner than the agent gig. the only reason i entertained looking at this was i met a recruiter and he told me to look into it and said all the renewals commissions are a key comp benefit.
insurancewebservice.com
Expert
If your going to be a captive agent, then I suggest you look at a company where you do have equity in your book.
I have a few friends from OH and PA that didn't do well with Quizno's.
I recently sold my book of business (Allstate) and I am happy that I did so. If you have any questions about obtaining a company (Insurance) please let me know.
I have a few friends from OH and PA that didn't do well with Quizno's.
I recently sold my book of business (Allstate) and I am happy that I did so. If you have any questions about obtaining a company (Insurance) please let me know.
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