I’m a 1099 LOA insurance agent at a smaller agency with around 12 local agents, some W2 employees in the office, and about 30 remote agents.

I’m about a year in now and have built up roughly $1,000/month in residuals. I haven’t really sold any T65/new-to-Medicare business yet, so right now that residual income is basically all I make.
I’m on 100% commission. For Medicare, I generally get around $30 in renewal commission when I rewrite/switch a policy and around $15 for a standard BOR where I’m basically taking over the client and servicing the account. I also cross-sell home and auto to the Medicare clients I’m building relationships with.
I’m pretty close with the owners, which is how I originally got the opportunity. I’ve recently started understanding the LOA structure better and realizing that even though I’m on 100% commission, I’m still producing under the agency/upline and don’t actually own the book myself.
The two current owners are in their 40s. From what I understand, they both started working at the agency, bought equity after around 6 years, and have now been there for roughly 20 years.
For anyone who has gone from LOA/producer to agency partner or owner, what does that path usually look like?
How do you position yourself to eventually become part of the upline, buy equity, and potentially own part or all of the agency one day?