2. An Overview
How competitors see us. How friends see us.
Who we
How prospects see us. really are. How we see ourselves.
3. An Overview
Avg. turnover ratio over last 10 years: 75%
Avg. annual income for new advisors: S$20,000
(inclusive of all commission, bonuses & incentives)
Increase in avg. annual income over 10 years: from S$57,600 to S$74,400
(inclusive of all agency leaders & advisors)
Data extracted and compiled from Labour Turnover & Earning And Wages in statistics publications by
Ministry of Manpower (MOM).
11. So, How To Select?
Age Ethnic group
Gender
Health
Background
Personality
Pace of learning
Drive / desire
Commitment
12. So, How To Select?
There is no right or wrong,
only compatibility.
13. So, How To Select?
The Change Equation
DxVxP≥C
D = desire for change / dissatisfaction with current situation
V = vision of how things will be once change is achieved
P = practical steps to make change happen
C = cost of achieving change successfully
14. Then, How To Convince?
The 4 key Volatility of income
concerns
Fear of prospecting
Pride and ego
Having other dreams and goals