Articles by Randy Schwantz

Schwantz is founder of The Wedge Group. Phone: 214-446-3209. Website: www.thewedge.net. Email: randy@thewedge.net

Why it Sucks to be a Sales Manager in Most Agencies

While it’s not always true, most sales managers get stuck with dealing with under-performers. Under-performers come in a lot of different packages. It could be the underwriter who was hired to be a producer. This could be a smart individual …

The Wedge: The Brutal Journey of a Newly Appointed Agency Sales Manager

Yes, I’m stuck in the middle with you And I’m wondering what it is I should do It’s so hard to keep this smile from my face, Losing control, and I’m all over the place Clowns to the left of …

Why Agency Owners Must Drive Producer Growth

An agency owner in Alabama wrote me, “How come my producers don’t invest their own money to improve themselves?” He went on to say, “he was self-motivated” and was confused why his producers were not. As we got deeper into …

Minding Your Business: Traditional Producer Hiring Process is Arcane & Should be Shot!

I want to think of myself as a great father. If I’m not, I would never know until some kind friend pointed it out. It’s at that point I would get to tell him he’s wrong or accept his critique. …

It’s Not How Much You Make…It’s How Much You Save

We need to find many, not one, silver bullets to have people save for a life that is going to be closer to 100 years,” Joseph Coughlin, director of MIT’s AgeLab. That came right out of the USA Today, on …

When Hiring New Producers Begin with the End in Mind

Almost everyone is talking about it like it’s a new trend in the insurance business: “we have to hire new producers.” The problem started back in 2007 when the near depression hit the United States. The bottom fell out of …

Cognitive Distortion: Agency Sales Leaders & Producer Worth

Have you ever been guilty of saying something to someone and they took it wrong and maybe got offended. In defense, you said, “That’s not what I meant.” The same could be true in this instance if you’re the agency …

How to Get the Competition Fired, Without Saying Anything Bad About Them

I’ve been a sales guy for 28 years. My first sales job was selling vacuum cleaners. It was very hard because to me $320 for a vacuum was a lot of money (about what I made a month back then). …