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Master's Class 03/02 Flashcards | StudBud
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Master's Class 03/02
Master's Class 03/02
31 terms
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StudBud Administration
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6 plays
PHP 101
Flashcards
31 cards
F
Practice quiz
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Host live
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Questions
31
Answers
1
What was the qualification for Cancun?
Jan- Feb 30 recruits/ $60K / 1 new check
Dec- Feb 35 recruits/ $70K/ 3 new checks
Dec- Feb 40 recruits/ $80k/ 2 checks
Jan- Feb 30 recruits/ $60K/ 2 checks
2
While fast starting someone, whats your main intention?
hot spot and shaping their mindset
Meeting the spouse/parents to address sod
for them to get their sprint award!
get a top 25 to taproot
3
What should my main goal be this month?
presidents club!! get 10!
TTT!!!
getting people their sprint awards!!
making money!
4
What do I do when I have a question?
Try to find the answer on my own first
Ask Coach
Ask a sideline
Ask my upline
5
If I go in the field as trainee, then close the appt 4 months later on my own do I split it?
Yes, but I split 50%
No. I followed up, so I get 100%
Yes, I still split 50%
6
How often should I talk in groupme?
once a week
I should "like" and just be a cheerleader
a few times a day
ALL THE FREAKING TIME
7
When was PHP started and how many agents?(mm/dd/yyyy)
October 18, 2009; 66
October 20, 2009;66
February 3, 2009; 56
Jan 6, 2010; 56
8
How much business should I be writing a month if I have no team so I can make replace my job $?
$5K
$12K
$3K
$10K
9
What are things to talk about in the car for a trainee's first few appts to shape mindset?
Giving them history of PHP and the leaders stories
how to dress, no excuses, culture of 3W, high standards
edification, introduction, remove distractions
thinking big, how to get 10, giving them identity
10
How do I get to the underwriting guides?
Look on agent portal
PHP back office
call the carrier
ask coach and lexie duh!
11
When can you rollover a 401k?
59 1/2 or when you leave your company
after 60 years old and you're vested
59 or after you're vested for 10 years
It's not taxed so whenever you want you can
12
If I get a qualified commitment leaving the field, what's my next step?
Sit with trainee to show illustrations
Emailing/ calling the carrier
Post on groupme
Notify the uplines
13
What does it take to hit Marketing Director?
50 recruits/ 50 apps/ 100K 10L
50 recruits/ 100 apps/ $100K
50 recruits/ 50 apps/ 100K 15L
50 recruits/75 apps/ 100K and 10L
14
How do I start a Field training appt?
Edification from trainee
2 minute story
the Hustle
Build rapport
15
In a prospecting script, whats the most important part?
Getting the phone number!
Asking if business options are actually open!
Leveraging/ Edifying the "executive"!
The takeaway! "They may not call"
16
How many recruits did we do last month?
34
39
31
35
17
What would Lexie like for all her help?
Nail salon gift card
Food for being at the office all day
starbucks gift card
ALL of those would work
18
What's the FIRST thing you're supposed to do when you get matched up on a FT?
Text the trainee for the information about the appt.
Call the trainees upline and let them know
Call/ text the trainee
Confirm the client for the trainee
19
What is the Goal this month?
100/$100K
75/$75K
just beating our prior best
50/$50K
20
How can I be a better leader?
Pouring belief into the team to accomplish common goal
Showing the team how much money I made
Telling the team about my accomplishments
21
How many points did we submit last month?
$30K-$31K
$25K-$26K
$33K-$34K
$18K- $19K
22
How many recruits did Rene and Dalila end with in February?
98
99
101
97
23
What will cause me not to get matched up on field trainings?
Not submitting business.
Tacky/ not prepared feedback from trainee
Waiting to submit business.
all the above; explain.
24
Who should I help get promoted most on the team?
my upline?
myself?
everyone?
my directs?
25
Loan Provision??? What does this mean
a promise to the carrier that the client will pay loan back
the premium's paid will cover the loan over a period of time
I have no idea
policy's CV is used as payback for borrowing against it
26
What is the main difference and WL and IUL
How its taxed when it comes out.
The time you put money in and how it grows with stock market
The interest rates and how they grow.
Dividends and how it grows with stock market.
27
Why were we named the 3W?
the biblical meaning of 3 and how Coach is a GS Warrior fan
the biblical meaning of 3 and the strength of warriors
the biblical meaning of 3 and how much Coach loves gladiator
Coach came up with it at church during a service.
28
Does the trainee need to drive to ALL appts?
Yes, no matter what.
No it depends; Explain
No, we switch every other one.
29
What would Leshia appreciate for getting my team licensed?
gift cards?
Food?
A thank you?
ALL THE ABOVE
30
What is the max someone can put in an IUL yearly?
1 million
depends on the amount of insurance, no limit.
depends on the amount of insurance, but limit is 10K/ mo.
20,000
31
What isn't true about term?
the rates are less expensive typically than others.
you can lose your policy if you commit suicide.
you can lose coverage if you become very unhealthy.
some have living benefits
