I understand,
When I stared out my MGA, took 75%, on the basis of giving leads. The leads turned out not to be leads at all, which is a complete story in it’s self. Needless to say we parted company, and I work for my self now. Look around; there are plenty of companies that will offer you 100% or more for selling their life products. Having been in sales a long time, I know how you’re feeling right now, pretty much like you’ve been hit by a truck and that the phone is feeling very heavy. Cold calling does not for the most part work. There are others who will disagree with me on this, and that’s fine. Check out a website called nevercoldcall.com, it’s a good program, it’s not a cure all but is helpful. Another good site is highpropselling.com, it’s worth a look. I am not affiliated with either program, so please don’t think I stand to profit from you at either site. I have found the sites to be helpful. Giving up 50% would not be bad if you were in REALLY good profit flow, however it sounds like from your manger’s stance that your pocket is starting to hurt. I would definitely look for an exit plan.
Take care
Ins. Agent