Is it true 93% of new insurance agents fail within 1st 3 years?!

Nov 15, 2018

  1. TheGULguy
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    TheGULguy New Member

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    That will go perfectly with my model wife that's about to stumble in.... any day now!
     
  2. somarco
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    somarco That Medicare Expert Guy

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    [​IMG]
     
    somarco, Nov 28, 2018
    #52
  3. goillini52
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    goillini52 MAGA...Eat More Bacon & BUILD THAT WALL!!!

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    Of course you'd skip the flight. You don't need no stinkin' plane....you've got a cape and can fly. :twitchy:
     
  4. toolbelt
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    toolbelt Super Genius

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    Industry churn rates are greatly skewed by MLMs in the industry, which have both a high recruiting rate, and even higher churn rates.
     
  5. lifeismylife76
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    lifeismylife76 Expert

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    I started selling insurance full-time in March of 2014. I didn't really start making money until 2017. 2014 and 2015 I got really behind on a lot of things. 2016, I got caught up, 2017 and 2018 I am prospering!!! It's like any business, it is what you make it!!

    My office is my car! Check out my AEP trunk. 46889434_10158622664638084_7030541879330471936_n.jpg 47318060_10158622664508084_1194710806252486656_n.jpg 47318036_10158622664513084_5592870700198133760_n.jpg 46967610_10158622664503084_4175782812529459200_n.jpg 47228851_10158622664498084_8606246199185375232_n.jpg
     
  6. lifeismylife76
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    lifeismylife76 Expert

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    Here are a couple more pictures of my "Inventory". I am really trying to get a lot of clients! I feel that I am really helping people and changing lives!!! I love UnitedHealthCare. I feel like I have found success and a home with UHC!!! I am a Broker, and I do write other carriers, but UHC is my top pick 85 to 90% of the time.
     

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  7. InsuranceGuy29
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    InsuranceGuy29 New Member

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    I fully agree with you. My first year, I wanted to quit. My mentor barely had any time to help me, I had barely any clue what I was doing, but I kept reading, learning, trying, and working hard, and now I'm very confident in my abilities.

    This job is what you make it. It's not a get rich quick endeavor. Anything worth anything is not easy to attain. You have to be able to take a few blows to the face, fall down, and keep getting back up, all while swinging.

    Because people are definitely going to frustrate you and test your patience and ability in yourself. You just have to keep learning, failing, and trying again.

    If you're someone that wants everything to be all sweet, easy, kind, and comfortable, then this isn't the career for you. It'll eventually get very close to those adjectives, but it takes time to get confident in what you're doing.

    Learning this job is basically like trying to learn how to become a lawyer, salesperson, and psychologist, all at the same time.
     
  8. Abrasax
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    Abrasax Super Genius

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    It looks extremely easy from the outside, and even compared to most other sales jobs it's a really soft way to make great money. The in home sale is actually the easiest part though. The sheer amount of information and experience required to write an app for a random FE client and get it issue/paid without speedbumps is staggering. In my own experience, there's a point early on after the sales are made but before the money comes in where you're running into problems with the carrier, UW, billing, or the client changing their mind, and you start to wonder if you got in over your head. I think at this stage a lot of agents lose the rose colored glasses and start to doubt their decisions. IF they're able to get to the point of getting business issued fast they should find themselves in the clear.

    Of course this can all be avoided with uplines who will help scrub apps and train newbs but how many FE agents have that luxury? :skeptical::realmad:
     
    Abrasax, Dec 24, 2018
    #58
  9. Rob Lion
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    Rob Lion Guru

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    I remember doing my first app thinking i just made an easy 400 dollar commission than bam hes graded haha.
     
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