You can make a living without lead costs.. You can cold call, work referrals, etc.. Yes that takes time and while time is valuable, it is not an upfront expense.. Basically, you can get started with whatever it cost you to get licensed in your state.. A month's premium for your E&O (but you can start without it).. Bill Porter sold Watkins but he proved that even a car is not necessary for door to door sales if a person is determined enough. The first few weeks on my debit, I parked my car and walked the route. You have no inventory or supply investment like you have with most businesses. The companies will furnish your supplies and UNL even sends you a free pen with your supply order.
Will most agents that start out broke make it? No.. Most businesses of any kind that start out undercaptilized fail. .. But then again, most agents that start out with adequate funding also fail. In insurance it depends more on determination than funding to make a better than average living.
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