Newbie and My First 7 Months, Pass or Fail?

Labman

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Here is the deal guys. I hooked up with Colonial last September after retiring as a firefighter of over 30 years.

My first few months I felt as though I was in a thick fog. So much to learn about products, selling, cold calling and the list goes on and on and on.

Eventually, after striking out many times with Colonial I transitioned to group health care as a companion to the Colonial lines. I can now offer Colonial as well as the major names in health care thanks to hooking up to a 40 year veteran who agreed to mentor me.

I've succeeded in getting a lot more appointments since offering both products, but have had the jinx placed on me by my usual bad luck. One group, the dentist went haywire and went with his employer group after we saved him almost 50%. Another group did about the same, but decided to go with some other no-name carrier vs. a national carrier.

The biggest mistake I've made is believeing a lot of business would come through which didn't. The second mistake I made was not keeping a filled pipeline due to the first belief. The third was expecting a quick turn around on business. Not the two, three or four months that seems to be the standard for me, for some odd reason.

It seems everything I touch turns to crap. In other words, I could fall into a bed of roses but come out smelling like ****! It really feels as though I've been kicked every way but sideways!

Yet, I refuse to quit. I've got a pretty nice pipeline built up with a lot of potential, something I did't have before because of my incorrect assumptions. My wife, has been very understanding but wanting to see some results. I tell her that this will work out as I have never failed at anything I put my mind too. I tell here we just have to be patient as apparently nothing in this business comes quick.

Do I deserve a pass or fail grade?
 
Does it matter if I give you a pass or fail?

The biggest mistake I've made is believeing a lot of business would come through which didn't. The second mistake I made was not keeping a filled pipeline due to the first belief. The third was expecting a quick turn around on business. Not the two, three or four months that seems to be the standard for me, for some odd reason.

Keep the pipeline full and you'll be fine. If the pipeline is full, who cares if a few drop out along the way. If the pipeline if full, the lengh of the sales process won't matter because you'll have a steady stream of placed business after three to four months of consistent activity. It all comes back to the PIPELINE.
 
Thanks Delta, I always enjoy reading your post, as I know that you are relatively new, yet successful. Whether I get a pass or fail grade here is not really the issue as you pointed out.

It's more about trying to find out if I'm on the right page with my efforts. I readily admit due to a lot of things beyond my control I'm not a 40 hour per week guy and that is okay. I don't have to make six figures right off the bat. What I want to do is be something like the turtle who won the race. I'm not in a race to make big money quickly, I'm in this business to build relationships which take time and help people. I figure that if I go slowly, learn along the way, do the right thing for folks, then eventually the money will come.

To some degree things are starting to look up. I've got four appointments tomorrow. Two are to get signed apps, one is to review a guys current insurance and the other is to educate a custome on HSA's so she can make a decision. The next week I have a decent size med clinic coming on line for Colonial products, if I don't get jinxed again!:D
 
I'm a results driven kind of guy. Seven months seem like a loooong time not have done any better than I have. But, I also know I could have and should have put more effort in also.

I'm thinking of enrolling in something like Sandler sales training. My response to objections etc. could be a hell of a lot better.
 
Here is the deal guys. I hooked up with Colonial last September after retiring as a firefighter of over 30 years.

My first few months I felt as though I was in a thick fog. So much to learn about products, selling, cold calling and the list goes on and on and on.

Eventually, after striking out many times with Colonial I transitioned to group health care as a companion to the Colonial lines. I can now offer Colonial as well as the major names in health care thanks to hooking up to a 40 year veteran who agreed to mentor me.

I've succeeded in getting a lot more appointments since offering both products, but have had the jinx placed on me by my usual bad luck. One group, the dentist went haywire and went with his employer group after we saved him almost 50%. Another group did about the same, but decided to go with some other no-name carrier vs. a national carrier.

The biggest mistake I've made is believeing a lot of business would come through which didn't. The second mistake I made was not keeping a filled pipeline due to the first belief. The third was expecting a quick turn around on business. Not the two, three or four months that seems to be the standard for me, for some odd reason.

It seems everything I touch turns to crap. In other words, I could fall into a bed of roses but come out smelling like ****! It really feels as though I've been kicked every way but sideways!

Yet, I refuse to quit. I've got a pretty nice pipeline built up with a lot of potential, something I did't have before because of my incorrect assumptions. My wife, has been very understanding but wanting to see some results. I tell her that this will work out as I have never failed at anything I put my mind too. I tell here we just have to be patient as apparently nothing in this business comes quick.

Do I deserve a pass or fail grade?

I would give you a passing grade. I would also suggest that you buy and read "The Wedge". It will probably help you.
 
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