System/Platform
How do you qualify to enter the Next QFT training?
Complete 1 field training appointment(KTP)
What is the rule of 72?
Compound interest formula. Take any interest and divide it by 72. That will determine how long it takes for your money to double
$200/mo Target Transamerica FFIUL with an Associate Contract Level
200 x 12 = 2400 x 1.25 = 3000 = 35% = $1,050
What do you do? (Phone call for practice appointment)
We educate families on how to reach their financial goals. So what day works best for you, Monday or Tuesday?
Money without _______ _______ is money soon gone.
-Robert Kiyosaki
What is a net license?
Licensed agent who earns their 1st $1000
Which tax bucket does the 401k, 403b, IRA, TSP, 457 fall under?
Tax later (tax deferred)
$500/mo FFIUL with a Target premium for $389/mo @ a SA Contract Level
389x 12= 4668 x 1.25= 5835 x 45%= $2,625
I already have life insurance/retirement plan
That’s great you’ve taken the initiative to protect your family’s financial security. If I could save you more money or provide you more value for what you’re investing into, would you allow me to compete for your business?
No matter how bad it is, or how bad it gets, __ _____ __ _____ ___!
-Les Brown
Im going to make it!
How do you become a QFT?
Complete 10 KTP's and conduct your walkthrough
Which growth strategy should we recommend someone if they're looking to grow their money SAFE & PRODUCTIVE
Index
$345k rollover with Athene with a 6% payout @ MD Contract Level
345k x 6%= 20,700 x 50% = $10,350
Do you have a business card? (protecting @ Costco)
I don't have one on me right now but let me text you my contact information. Are you 951 or 909?
Whether you think you can, or whether you think you can't, _______ _______.
-Henry Ford
You're right
How do you qualify to become a Marketing Director?
40,000 baseshop points and 5 licensed agents
How is a loan different from a withdrawal in an IUL?
A loan creates a loan balance in the policy and doesn't take from the cash value.
A withdrawal takes from the cash value
Split commissions for a $667/mo Transamerica Term LB @ TA & SMD contract (no override)
667 x 12 = 8004
8004 / 2 = 4002
4002 x 1.25 X 25%= $1250
4002 x 1.25 x 65% = $3,251.63
So how can you really guarantee that I won't lose money in an index account? (client presentation)
Great question. Your money isn’t physically in the market. It’s held by the insurance company and by contract will mirror the market and provide you contractual guarantees. Does that make sense?
However much action you think you need to do to reach your goals, you need to do ______ more.
-Grant Cardone
10x
Explain the Premier Heritage Program
Marketing Director- vested to your clients
Senior Marketing Director - attach a beneficiary to your business
Executive Marketing Director- opportunity to sell your business
What is provisional income?
The amount of money the government tracks that determines if you will be subject to get taxed on your social security up to 80%
Override Commission for a MD who's A wrote a $557k rollover with North American paying at a 5.5%
557k x 5.5% = 30,635
30,635 x 15% = $4,595
I heard the IUL has fees? (client presentation)
Most financial vehicles have fees and the fees in the IUL are very comparable to the fees of a 401k. The important thing to look at is what you’re getting in return of the fees. In the IUL you’re getting a death benefit, guaranteed rates of returns and tax free withdrawals. The illustrations include the policy fees, can I show you what they look like?
Until you want to succeed as bad as you want to ________, then you will be successful
-Eric Thomas
Breath