How much did you make your first year?

[billyb]

Just this week I sold a 77 year old lady who bought a 10YLT in July 2010. Of course her and her spouse was upset that I sold her that, but I assured them that 10 years ago I tried to get them to buy a longer guarantee and they would not. She wanted $100,00 GUL and I could not find any takers so I applied for $25,000 SIWL with LBL. I was told she only had COPD. Well after a lengthy PHI and the rep asking her about dozens of Rx, most of which she said she never filled, she was flat out declined, not even a modified offer. I ended up writing her a GI so now she won't have any coverage for 2 years.

 

[WinoBlues]

@billyb

Yup.

Have that conversation and result a few times every year. I keep the old quotes in the file to send them if needed.

 

[Jmos]

JMOS, did you pass the test yet? Get your license and go to work either by yourself or with a company. You have been asking so many questions I am not sure your heart is in trying this en devour. Get to work so you can learn the business

I appreciate you trying to look out. However, I dont think asking 5 questions is unreasonable (plus one about getting health insurance for my family if you count that). Moreover, my asking questions is a good thing, as it should show my willingness to learn and place my steps as carefully as I can. I'm leaving behind a 6 figure sales job because I believe in myself, I believe in the opportunity insurance provides, and I believe it's a real help to people. I think anyone entering a field with so many variables would be well suited to give every effort in placing their first steps correctly. In fact, its crucial. So I dont see any merit in just diving in without doing due diligence, but the time to dive in must come nonetheless. So assure you, any and all information and answers I get will not be wasted, as I dont have anywhere else to field these questions to, and I'm coachable, and more than willing to be informed and stay informed when possible. Thank you for your help.

 

[pfg1]

I'm not sure I made any money (actual profit) my first year. It was tough.

 

[fed up]

JMOS, I have not been in insurance as long as some and have been more than others. I have watched many agents fail because they were focused on what could be happening instead of what was happening You can pivot at any point in your insurance career to a different line of business. You may find you hate the business all together but you won't find anything until you jump into the pool.
Get your license and find an aspect you think you will like. It could be P&C, FE, Medicare, Life and Health. You might find you really dislike the people you are calling on or that they ask you enough questions about a completely different line of business that you want to investigate that line.
You most probably will not make a 6 figure income year one but the experience you gain will set you up for year 2

 

[vic120]

1st-year don't know how much but very little, I dove taxi nights and weekends slept very little

2nd year was tough too but good enough to quit driving

3rd got much better but I watched it grow all the way You could see a clear path

 

[rousemark]

Don't remember how much I made but I do know that I maxed out the SS tax in Sept.. Was nice to get that raise. Also made my company convention in Hawaii..