Originally Posted by
lorenzoleo
Your wrong bro, you are referring to the old insurance industry.
IMG is building a new industry, I work hard very much today but when I created my outlets, I could already retire. Even if I retire, I can still get my checks (which is not true in the old industry). Even when I die I could pass this business on to my children(Di gihapon ma waste akong efforts). This is not employment bro, you gotta create your own organization. I could also create residual income by creating many outlets as I can.
"I'd rather have 1% of the efforts of 100 people than 100% of my own effort" (Paul Getty). If you want to become big, find a business that can create Geometrical growth income. For me job has only a linear income, but creating outlets can make geometrical growth income. If you know how franchising works and how to get royalty income then you can understand the system of IMG.
FYI : IMG is a Financial Brokerage that uses an Outsource-Distribution business model.
You want me to define what is an Outsource-Distribution model? It is an Outsourcing company with a distribution channel. Financial Industries outsourced their services and financial products to us which is advantageous in their part because they can cut cost especially their employees salary and overhead expenses. Most companies right now want to outsourced just to cut cost.
Have you ever thought that what you are talking about here is actually a marketing strategy of IMG? I mean think about this, if you are a company that's going to be "labeled" as another brokerage firm you need to think up of ways to make the people interested. Of course, the PR people would have to think of new ways and strategies to make people think they are different. Yes, IMG might be different but in essence you are in fact still an employee in that sense. You might think that: "Oh no, i don't think anybody can be that good to pass of another brokerage firm as something else." But well you are just one of the "victims" of the great PR people, which by the way, are.... EMPLOYEES
Bro, payong pangkaibigan lang ha, and i mean this well. If you really want to be financially independent as you say, save up what you are earning now and start your own business. Something that's 100% yours. I can sense you are a good biz man in some ways, and that would be your ticket to total financial independence.
And oh, I just have to leave one final thing. About Bo Sanchez, he is a pretty good speaker, very charismatic, can convince almost everybody, certainly smart, and very effective. He and his team are intelligent, highly educated and charismatic people. Not a bad thing, I must say. I admire him, I should tell you. Disclaimer: NO INSULT IN ANY WAY TO HIM (I have to put disclaimers in all Caps, sigh!) Why do you think I mentioned those traits? Figure that out, I'm sure you're intelligent enough to do that.