Best week!

[TDFnCali]

ryan caras - what are Insta Leads

EFES version of Tele leads.

 

[Focus LTC]

You are talking a handful off guys that you can invite to your frat party especially the code thieving Zuckerburg. Most will get a pittance of what they do because they do not own their own work anymore.....10-30 years ago Maybe. I do not see many of the code writers that Zuckerburg had working form him to write all that code in the Forbes list.....That's right...He never gave them a fair share for their work......Only abused the working man....

I am talking the average guy. If you are going to go and look at the fortune 500.....Look again....the majority will be executives from the insurance industry.

Top of my list would be a guy name WARREN BUFFET.....

It is obvious you have hard disk envy. Go ahead, be a code guy.

My point is, I would rather see young people go into insurance than the instability of software and tech. The MAJORITY will do well in the insurance industry..actually the overwhelming majority will fail. This industry has a 92% failure rate.

You should stop. You are showing your age and embarrassing yourself. True economic growth comes from technology and innovation.

You said the insurance business is the "GREATEST" business in the world. There is a neurosurgeon somewhere in America that just netted $400K for 6 hrs worth of work and he's going to do the same next week. I'm sure he would beg to differ....Everyone thinks their gig is the greatest.

The only thing from a business metrics standpoint that insurance has going for it for entrepreneurs are high margins, high demand, no inventory, and a low barrier to entry. When there are high margins and high demand, the market gets flooded. That's economics 101.

The means to extraordinary profits is through monopoly patent protection. That is one of the cornerstones of the software industry.

Insurance has too many barriers to trade. If you had a prospect in Germany that wanted a life insurance policy from an American company that you represent, you couldn't sell it to him. At the same token, google just made $10,000 in Portugal on pay per clicks in 30 seconds and another $45,000 in Italy in the same 30 seconds etc. etc. etc... Information Technology doesn't have the artificial barriers to trade that insurance has...

Technology companies are selling at 25-30x earnings. Many technology companies sell for tens of millions before they have even turned a profit. Insurance companies sell at a meager 5-7x earnings. Agent's books of business sell for even less.

If there is any true measure of how great a business model is, its the selling price...

 

[smokin goose]

You should stop. You are showing your age and embarrassing yourself. True economic growth comes from technology and innovation.

You said the insurance business is the "GREATEST" business in the world. There is a neurosurgeon somewhere in America that just netted $400K for 6 hrs worth of work and he's going to do the same next week. I'm sure he would beg to differ....Everyone thinks their gig is the greatest.

The only thing from a business metrics standpoint that insurance has going for it for entrepreneurs are high margins, high demand, no inventory, and a low barrier to entry. When there are high margins and high demand, the market gets flooded. That's economics 101.

The means to extraordinary profits is through monopoly patent protection. That is one of the cornerstones of the software industry.

Insurance has too many barriers to trade. If you had a prospect in Germany that wanted a life insurance policy from an American company that you represent, you couldn't sell it to him. At the same token, google just made $10,000 in Portugal on pay per clicks in 30 seconds and another $45,000 in Italy in the same 30 seconds etc. etc. etc... Information Technology doesn't have the artificial barriers to trade that insurance has...

Technology companies are selling at 25-30x earnings. Many technology companies sell for tens of millions before they have even turned a profit. Insurance companies sell at a meager 5-7x earnings. Agent's books of business sell for even less.

If there is any true measure of how great a business model is, its the selling price...

You are totally missing his point.

 

[AnonymousOne]

You should stop. You are showing your age and embarrassing yourself. True economic growth comes from technology and innovation.

You said the insurance business is the "GREATEST" business in the world. There is a neurosurgeon somewhere in America that just netted $400K for 6 hrs worth of work and he's going to do the same next week. I'm sure he would beg to differ....Everyone thinks their gig is the greatest.

The only thing from a business metrics standpoint that insurance has going for it for entrepreneurs are high margins, high demand, no inventory, and a low barrier to entry. When there are high margins and high demand, the market gets flooded. That's economics 101.

The means to extraordinary profits is through monopoly patent protection. That is one of the cornerstones of the software industry.

Insurance has too many barriers to trade. If you had a prospect in Germany that wanted a life insurance policy from an American company that you represent, you couldn't sell it to him. At the same token, google just made $10,000 in Portugal on pay per clicks in 30 seconds and another $45,000 in Italy in the same 30 seconds etc. etc. etc... Information Technology doesn't have the artificial barriers to trade that insurance has...

Technology companies are selling at 25-30x earnings. Many technology companies sell for tens of millions before they have even turned a profit. Insurance companies sell at a meager 5-7x earnings. Agent's books of business sell for even less.

If there is any true measure of how great a business model is, its the selling price...

You are totally ruining this thread...

 

[Rearden]

All I have to say is:

Pets.com

 

[rousemark]

If there is any true measure of how great a business model is, its the selling price...

If that is your only measure in how you evaluate greatness, then I really feel sorry for you.

 

[TwiLight]

You are totally ruining this thread...

I second that and will no longer reply to him....

 

[newtothegames]

You should stop. You are showing your age and embarrassing yourself. True economic growth comes from technology and innovation.

You said the insurance business is the "GREATEST" business in the world. There is a neurosurgeon somewhere in America that just netted $400K for 6 hrs worth of work and he's going to do the same next week. I'm sure he would beg to differ....Everyone thinks their gig is the greatest.

The only thing from a business metrics standpoint that insurance has going for it for entrepreneurs are high margins, high demand, no inventory, and a low barrier to entry. When there are high margins and high demand, the market gets flooded. That's economics 101.

The means to extraordinary profits is through monopoly patent protection. That is one of the cornerstones of the software industry.

Insurance has too many barriers to trade. If you had a prospect in Germany that wanted a life insurance policy from an American company that you represent, you couldn't sell it to him. At the same token, google just made $10,000 in Portugal on pay per clicks in 30 seconds and another $45,000 in Italy in the same 30 seconds etc. etc. etc... Information Technology doesn't have the artificial barriers to trade that insurance has...

Technology companies are selling at 25-30x earnings. Many technology companies sell for tens of millions before they have even turned a profit. Insurance companies sell at a meager 5-7x earnings. Agent's books of business sell for even less.

If there is any true measure of how great a business model is, its the selling price...

ok big dog what was your best week in the insurence biz not software biz?

 

[quackattack99]

Is this an insurance or software thread? Can someone please ban this guy? He's fricken annoying! He belongs in a software sellers forum. I'm sure there are a lot of them out there.

 

[0b1kanobee]

Porn is the best business in the world. Bangin hot chicks. Yeah!!!