Join Jason Feltman as he discusses the crucial concept of payoff vs. payout and its impact on the success of your insurance agency!Whether purchasing an agency or building it from scratch, there is a significant investment of money and effort involved, and the subscription model in insurance, with recurring revenue and additional commission checks from renewals, plays a pivotal role in this strategy. Jason emphasizes the importance of being realistic, modeling out the numbers, and planning strategically to achieve desired agency growth. Jason also shares his experience of taking a pay cut and investing heavily in marketing, resulting in significant agency growth. He encourages agency owners to be realistic, plan for the future, and make calculated investments to achieve their desired agency size and success!The Insurance Dudes are on a mission to find the best insurance agentsaround the country to find out how they are creating some of the top agencies. But they do not stop there, they also bring professionals from other industries for insights that can help agents take their agencies to the next level. The Insurance Dudes focus on your agency’s four pillars: Hiring, Training, Marketing and Motivation! We have to keep the sword sharp if we want our agencies to thrive. Insurance Dudes are leaders in their home, at their office and in their community. This podcast will keep you on track with like minded high performing agents while keeping entertained!About Jason and Craig:Both agents themselves, they both have scaled to around $10 million in premium.  After searching for years for a system to create predictability in their agencies, they developed the Telefunnel after their interviews with so many agents and business leaders.  Taking several years, tons of trial and error, and hundreds of thousands of dollars on lead spend, they’ve optimized their agencies and teams to write tons of premium, consistently, and nearly on autopilot!LEARN MORE BY Registering for TUESDAY’s LIVE CALL With The Insurance Dudes!GET YOUR FREE INTERNET LEAD CHECKLIST TODAY! ?https://www.theidudes.com/implants1608704377984#submit-formFor more information and access to valuable resources, visit the Insurance Dudes!https://www.theidudes.com/implants1608704377984Like what you heard? Check out our other episodesThe Insurance Dudes PodcastThe #1 Misconception of Growing Your Business And Why Most Don’tAre You Itching That NicheNo Amount of Success Can Compensate For Failure At Home