The Ridiculously Amazing Insurance Podcast Agency Performance Partners

Are you wondering how to be insurance agency partners with your spouse? It's a big decision! Mastering working together (like marriage) can be work. For some families its an easy decision for others it can be a difficult road. We want to help give you some strategies on how to be insurance agency partners with your spouse.
This video discusses the benefits and challenges of running a family-run insurance agency. It emphasizes the need to identify roles and responsibilities, create a positive culture, and establish boundaries between work and home life. It also recommends having a family contract, taking advantage of bonuses like travel, celebrating wins, and seeking outside help if needed.
There will be times (just like at home) that you and your spouse business partner do not agree. It's important you keep everything professional for the team and the clients. Remember your agency is not your living room. You will need to keep things professional while at the office.
00:00:02 Family Run Agencies 00:00:06 Working Insurance Agency 00:00:10 Marriage Challenges 00:00:17 Husband and Wife Teams 00:00:20 Working Together 00:04:46 Job Descriptions 00:07:21 Positive Spouse Led Agency Culture 00:08:04 Spousal Disagreements in the Office 00:08:42 Working with a Spouse 00:10:28 Family Contract 00:09:48 Different Work Ethic 00:13:18 Travel and Celebrate Check out the APP Resources on How to Be Insurance Agency Partners With Your Spouse Check out our blog on best practices of working in an insurance agency with your spouse. Get our FREE Sample Family Contract (avoid those family arguments): Get our Agency School @ 10% off with code: BACKTOSCHOOL Book A Meeting Are you looking for insurance training to grow your insurance agency? https://www.agencyperformancepartners.com/work-with-us/
Shop online: everything from scripts and templates to on-demand courses to merch: https://www.agencyperformancepartners.com/shop/
#insuranceconsultant #insurancetraining #salestraining #insurancecoaching #insuranceleadership #insuranceagencyowner #insurancesalestraining #insurancetechnology #insurancetraining #runninganinsuranceagency #insurancesales #timemanagement #insuranceagencytraining #FamilyRunAgency #WorkingInsuranceAgency #BusinessPartners #JobDescriptions #FamilyContract #SpouseLedAgency #Nepotism #WorkEthics #Redundancies #CelebrateWins #OutsideHelp

What is it like working for insurance agency spouse business partners? I can tell you from working with many spouse run and managed insurance agencies there are some excellent positives and some challenges. The best life and business partners continuously seek improvement. If you are working with your spouse or working in an agency that is run by a spouse team this video is for you.
We will review the following in this video:
The importance of communication & boundaries Identifying each other's roles based on skills Agency culture and how working with family can impact the team Continuous professional development How to handle conflict Remembering to celebrate The best spouse business partners have clear boundaries and work on their communication. In fact many of them go as far as to create very specific job descriptions to keep roles clear and make sure the team understands who to go to. For many husband and wife teams opposites attract. This means you can balance out everyone's strengths and weaknesses.
When you work with your spouse make sure that any disagreements are handled professionally. This is both for marital and or family disagreements as well as insurance agency fights. You have to be certain that you don't vent to the team and give them mixed messages. Also, make sure that you recognize and compliment your spouse just like you would other team members in your insurance agency.
Check out the APP Resources on Insurance Agency Spouse Business Partners Check out our blog on best practices of working in an insurance agency with your spouse. Get our FREE Sample Family Contract (avoid those family arguments): Get our Agency School @ 10% off with code: BACKTOSCHOOL Book A Meeting Are you looking for insurance training to grow your insurance agency? https://www.agencyperformancepartners.com/work-with-us/
Shop online: everything from scripts and templates to on-demand courses to merch: https://www.agencyperformancepartners.com/shop/
#insuranceconsultant #insurancetraining #salestraining #insurancecoaching #insuranceleadership #insuranceagencyowner #insurancesalestraining #insurancetechnology #insurancetraining #runninganinsuranceagency #insurancesales #timemanagement #insuranceagencytraining #FamilyRunAgency #WorkingInsuranceAgency #BusinessPartners #JobDescriptions #FamilyContract #SpouseLedAgency #Nepotism #WorkEthics #Redundancies #CelebrateWins #OutsideHelp

Siblings working together in an insurance agency can be challenging, but also has many benefits. It is important to foster cooperative working environments and use each other's strengths wisely. Boundaries need to be established between personal and professional lives, and communication needs to be open and honest. Job descriptions should be set up from the beginning and wins should be celebrated. Nepotism should be avoided, and sibling rivalry should not be tolerated. Family relationships should be kept separate from business relationships, and respect should be shown in order to have a successful family-owned business.
Running a business with your siblings can leave a great family legacy. It can also destroy families. Structuring how to handle challenges before they arise is critical to being sibling business partners. Use your strengths and stay away from needling in on weaknesses. You are better together than apart!
Check out what we cover in this video
00:00:00 We have to foster cooperative working environments 00:00:18 Host Introduction 00:00:27 So do you remember all those fights growing up with your siblings? 00:02:02 The trust is beneficial because you'll be working closely together in a business setting. 00:02:53 But there are challenges that go along with working with siblings 00:05:13 Set boundaries between personal and professional lives 04:16 You need to make sure you build professional relationships 00:07:32 Make sure you build an agency culture you are proud of 00:08:03 We are here to help build that foundation 00:08:24 You want to keep really good boundaries job descriptions 00:08:39 Getting to them on purpose 00:09:34 Tip for tat talking about all the stuff that's happening in the business? 00:09:43 It's not a bond that you want to lose 00:10:31 Make sure you're understanding what each other is looking for 00:11:05 Show your local people around that you guys respect each other 00:11:27 Conclusion Check out the APP Resources on Sibling Business Partners In an Insurance Agency Check out our blog on Common Challenges in Working With Your Siblings in An Insurance Agency: https://bit.ly/ins-sibling-partners Get our FREE Sample Family Contract (avoid those family arguments): https://bit.ly/424Qr5W Get our Agency School @ 10% off with code: BACKTOSCHOOL https://bit.ly/3NGJ7dg Book A Meeting: https://bit.ly/3I8H0v8 Are you looking for insurance training to grow your insurance agency? https://www.agencyperformancepartners.com/work-with-us/ #SiblingRivalry #InsuranceAgencies #BusinessRelationships #FamilyDynamics #JobDescriptions #Trustworthy #StrengthsAndWeaknesses #Synergy #SuccessfulFamilyBusiness #AgencyPerformancePartners

Sibling relationships can be challenging. You love each other but there is always a little frustration under the surface. Many siblings start working together in their family business - but not all of them would chose each other as business partners. When working with your siblings its important to know you fully know each other's strengths and weaknesses. You need to focus on celebrating each other strengths and filling in (not challenging) each other's weaknesses.
All too often siblings have a each other - and then the rest of the family. If you weren't siblings your Aunt probably would not care quite as much about the family business. In order to survive and thrive being siblings and business partners you need to do the following:
1) Ensure you recognize 2 relationships business partners and family
2) Stick to meetings
3) Have clear job descriptions
4) Keep work out of family events and keep family out of the office
5) Champion each other
Running a family business is not easy but it is rewarding. Making it work as business partners is something that will require work and dedication. You have to both commit to a family first mentality.
Check out the APP Resources on Working With Siblings In Insurance Check out our blog on Common Challenges in Working With Your Siblings in An Insurance Agency: https://bit.ly/ins-sibling-partners Get our FREE Sample Family Contract (avoid those family arguments): https://bit.ly/424Qr5W Get our Agency School @ 10% off with code: BACKTOSCHOOL https://bit.ly/3NGJ7dg Book A Meeting: https://bit.ly/3I8H0v8 Are you looking for insurance training to grow your insurance agency? agencyperformancepartners.com #SiblingRivalry #InsuranceAgencies #BusinessRelationships #FamilyDynamics #JobDescriptions #Trustworthy #StrengthsAndWeaknesses #Synergy #SuccessfulFamilyBusiness #AgencyPerformancePartners

Family can be complicated and business is hard! For many family run agencies we struggle to plan and hold each other accountable (remember your mom asking you to clean your room?). When working with family you need to treat each other as business partners at the office and family at home. If you were only business partners (and not family) would you allow yourselves to operate with out a plan? Probably not family should hold each other to higher standards and run efficiently and effectively with a road map that is clear and kind to everyone.
One of the biggest insurance agency family business planning processes that must happen is the plan to perpetuate. The next generation is looking for clarity on how the transition will happen and the current family leadership is questioning if the next generation can handle it. Also, the current leadership may love what they do and are unsure about their next steps. This leads the currently leadership to stay in their roles and keep things status quo.
Having insurance agency family business planning meetings are critical for success. You may need to have some difficult conversations, difficult conversations lead to clarity and break throughs. Without them passive aggressive behavior can poke through.
Check out the APP Resources on Best Practices of Leaving Your Insurance Agency To Your Family: Check out our blog on Best Practice of Leaving Your Insurance Agency To Your Family: https://bit.ly/perpetuatetofamily Get our FREE Sample Family Contract (avoid those family arguments): https://bit.ly/424Qr5W Get our Agency School @ 10% off with code: BACKTOSCHOOL https://bit.ly/3NGJ7dg Book A Meeting: https://bit.ly/3I8H0v8 Are you looking for insurance training to grow your insurance agency? https://www.agencyperformancepartners.com/work-with-us/ #SuccessionPlanning #LegacyBuilding #InsuranceAgency #FamilyBusiness #Honesty #LeadershipSkills #GrowYourAgency #RetainBookOfBusiness #PerformanceCoach #AgencyPerformancePartners #TransitionYourInsuranceAgency #DiscoveryMission #Next