Agency Intelligence

In this episode of Agency Freedom Podcast, James talks with Erik Garcia, Certified Financial Planner and Investment Advisor with New Century Financial Group and the Founder of Plan Wisely Wealth Advisors. He is co-owner of Garcia Insurance Services in New Orleans. And, he is the co-host of the podcast Stuff About Money They Didn’t Teach You In School. Episode Highlights: Erik discusses what made him decide to enter the insurance industry. (11:16) Erik explains that there is a difference between gaining cash flow and business growth. (17:37) Erik tells business owners that they need to build their business as though they're going to sell it. (23:02) Erik shares that the thing that drives him most crazy in the industry is contracts and the process of getting them. (29:51) Erik discusses the captive agency he was with and the underwriting guidelines that had to be arranged when Katrina hit. (37:36) Erik debunks the myth that because you own a business, you have attained freedom. (40:47) Erik talks