Best Way To Build My Business As A New Agent

[WinoBlues]

Wino,

I will be selling Life and Health starting out as a independent agent. I have the luxury of working part time or full time with hardly no expenses.

I am making roughly $98,000 in sales a year and my wife makes more than I do working salary.

I want to get out of what I am doing now and start something new...

Yes I do have $25,000 to invest if needed....

I am asking questions on how other professionals build there business starting out as a new agent.

I don't know my target market yet.....

My suggestion is decide the market you want to start. You can not just say Life.

Edit: Not just say life

 

[GreenSky]

My suggestion is decide the market you want to start. You can just say Life.

Why not? The life market is no different in selling to 65 yr olds for final expense, wealthy people for estate preservation, term insurance to 25 year old with a bunch of kids, etc.

Just tell him how to build a business. It's not important what that business sells, is it?

Ok, let me actually give some advice. If a question is going to be asked about how to start building an insurance business it's important to know what part of the industry. Life is too broad a term. Health insurance is dead. Pick a real question and you'll get a real answer.

Rick

 

[wolfe42]

Ok guys...


I understand that I need to be more direct and pick a niche market as well...

I would like to keep this thread open...

And thanks Green Sky for your input

 

[DS4]

I am making roughly $98,000 in sales a year and my wife makes more than I do working salary.

You currently make $98K and want to get into Life & health?
Do you realize how long it will take to reach $98k, if that is even possible?

 

[GreenSky]

You currently make $98K and want to get into Life & health?
Do you realize how long it will take to reach $98k, if that is even possible?

Keep working at it. You'll get there one day.

Rick

 

[sman]

I guess it has made me more better.

Wrong!!! It has made you WAY more better.

 

[danaubol]

Green Sky and Moonlight,

Don't worry about my game plan...I would just like you to give some good thoughts based on your experiences just like others have that have been positive.

I am not going to waste my time replying to your posts ANYMORE!

There are WAY BETTER professionals out there than you to work with and get good information from.

So go post B.S. on some other thread.

I'm reading this conversation, and shaking my head. I'm going to give u some good advice. I have 11 years exp. in this bus. So I think I know what im talking about, I will be very blunt. For someone who says he wants to get into insurance, u have a very thin skin. If u are going to get this offended, u should find something to do that is not in a people business. Uare liable to piss alot of people off very quickly if the way u respond here is any indication. It is hard to take u seriously when u say u don't know your target. Here is what I will tell u. you are very unfocuseD. Find a target group u want to focus on, pick ONE product, not two, ONE. get VERY good at selling it, build up a client base, and sell the sh-- out of that one product. It is very hard to take u seriously at this point, because people are asking u what your target is and you cant say for sure. you sound alot like me when I left the company I was selling for to start my agency. you need to decide what your target is going to be, dont focus on anything else, and get some tra ago ning on the one product until u are an expert. Then People on this forum, and people who u get trained by will take u seriously. Until then, get some idea of what u want, or find a trade school.

 

[thomasm]

Why not? The life market is no different in selling to 65 yr olds for final expense, wealthy people for estate preservation, term insurance to 25 year old with a bunch of kids, etc.

Just tell him how to build a business. It's not important what that business sells, is it?

Ok, let me actually give some advice. If a question is going to be asked about how to start building an insurance business it's important to know what part of the industry. Life is too broad a term. Health insurance is dead. Pick a real question and you'll get a real answer.

Rick

That's kind of how I started out actually.

My first life contract was with Foresters. I just went door to door and depending on who answered I tailored my approach. If a younger person with a family answered I pitched term. If an old person answered I pitched Final Expense!

I ending up selling more final expense policies than term, and that's how I fell into the senior market niche!

I didn't know what I didn't know, but I knew how to work!

And with the help of this forum I learned a lot along the way!

 

[moonlightandmargaritas]

But they would rather act like assholes and post things that doesn't help anyone and be sarcastic.

My bad. I underestimated you. McDonald's may be a better fit for you than Walmart.

(PS-Either way, spend a couple of minutes learning the proper use of there/their/they're.)

 

[dallenInSC]

I have just passed my L, A & H State License Exam. I have researched several companies. I have one offer to sign a contract. Before I sign, are all agencies pretty much going to offer the same thing. Great training, great materials, office support, and my own Producer mentor? They've been around for a hundred years but what am I missing?