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© Copyright 2007

NOVEMBER 2007

Create an Insurance Program Administrator, Enhance Value

By Andrew Barile

Owners of privately held retail insurance agencies need to consider some new strategies if they are going to maintain the value of their insurance agency as the property /casualty industry continues to sink deeper into a "soft" market — with renewal prices going down as much as 25 percent in certain product lines. Today, the dollar value
of agency commissions continues to decrease as
insureds get the benefit of insurance price decreases.


Who Benefits From Image Branding And Celebrity Endorsements In Your Market? by Forrest Wallace Cato, RFMA, RTIC, RFC
Way back in the Fall 1983 issue of Public Relations Quarterly Magazine, I wrote, "As professional competition among insurance agents and financial planners becomes more crowded and more intense, the professions will become far more competitive." The Publisher of Public Relations Quarterly, Howard Penn Hudson, asked me to expand on this statement, so I added...


Can You Change Your Destiny?
by Michael Beck

The other evening I was out having a cigar and a beverage. While sitting around a fire pit (an outdoor wood fire), I overheard an interesting conversation. [We were all sitting and standing pretty close to one another and this group was talking fairly loudly, so one couldn't help but hear.] This guy was bemoaning how bad his life was. He looked to be in his late twenties. His wife offered a different perspective on their life, but he would have none of that.


What Dave Matthews Band has to do With Your Success.
By Annette M Bau
For a few years now, my daughter has been asking me to take her to a Dave Matthews Band (DMB) concert. My response has been, “Why would you want to see a band from my college days?” Because she's persistent, and I don't see her as much now that she's in college, I reluctantly agreed. At first, I didn't understand why she asked us to go with her — until she asked if I wanted to pay $300 or $1,000 for our three seats, that is.


Discover… What Most Agents, Advisors and Planners Don't Know!
By Lew Nason

Does this sound familiar to you? When you first entered sales, for the financial services industry, your main focus was just on finding prospects. If you didn't have a prospect, you couldn't set an appointment, or close a sale. Initially, you looked for anyone and everyone that breathed and was willing to sit down with you. You contacted your friends, family and everyone you knew. You asked everyone for referrals. You made cold calls. You bought leads and you sent out sales letters. You were constantly told that, if you talked to enough people, you'd always find a few people who needed what you are offering, and they would buy your product or services.
The Power of Choice
by John Boe

In aviation, the word "attitude" is a term that refers to the angle that the plane meets the wind, if the wings are level with the horizon and whether the aircraft is climbing or descending. The pilot who fails to take responsibility for the attitude of his or her aircraft is in serious trouble. And likewise, any leader who fails to control his thoughts and take responsibility for his attitude runs a similar risk.

Financial Planning for Clients in Crisis by Alexandra Armstrong
Financial planning isn't the first thing people think about after a terror attack, a natural disaster or in wartime. But after taking care of basic needs for security, shelter, food and medical care, people soon realize they have to make crucial financial decisions at the worst possible time.

Riches in Niches: Why I Became A Nichepreneur
by Susan Friedmann
It's safe to say that I was good at my job. Actually, very good at my job. I loved working in public relations, and invested time, energy and money into my career. It showed, too -- my clients were pleased, my supervisors was pleased, and I was pleased with the work I did.

How to Get Higher Quality Referrals
by Bill Cates, CSP
Whether you've asked for a referral or one has been volunteered, what do you usually do with it? Do you just say, "Thanks, I'll let you know what happens," or do you linger a little longer to learn more about your new prospect?

POOR JOHN
ByDr. Donald E. Wetmore

John did not get his raise but it's not his fault because he did not get his promotion because he did not get all his work done on time because they gave him too much to do and because he was late yesterday because he had to stop for gas because he didn't stop for gas the night before because he was late coming home....
Sit Still
by Coach Lee

Gosh, life is busy. It seems that everyone is rushing to do something, be someplace or get caught up. The real danger in rushing is that one can get so busy that life will pass by. It pays to slow down and enjoy life. Take in the simple pleasures and enjoy the moment. I have observed that, with all this rushing, people still feel that they are missing out on something. They are, their lives. Slow down, sit still and enjoy life in the slow lane every once in a while.

 

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