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Porn is the best business in the world. Bangin hot chicks. Yeah!!!
Shame, shame. You know when Sam sees that, he's gonna pull his one bullet out of his shirt pocket.
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Porn is the best business in the world. Bangin hot chicks. Yeah!!!
Shame, shame. You know when Sam sees that, he's gonna pull his one bullet out of his shirt pocket.
YOU ARE COMPARREING A INSURENCE AGENT TO A NEROSURGEN? JUST TO LET YOU KNOW NEROSURGENS ARE IN SCHOOL FOR THE BETTER PART OF 15-20 YEARS A LIFE AGENT FOR 40 HOURS COURSE THEN CAN GO AND MAKE 100K+ A YEAR HUMMMMYou 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...