Thanks For The positive and helpful feedback dwayne. I've realized this forum will basically just try to bring you down and is full of @moonlightandmargaritas that couldn't tie their shoes by themselves with a few exceptions. I as well will be going in with no plan b and am in the process of getting everything lined out. Just trying to figure out the best route and product for starting from home as I will be. Thanks again!
Here's my roadmap:
1. Started with Colonial Insurance- waste of time. I worked my butt off and reached their objectives and made very little money. Don't waste you time with AFLAC, Colonial, or any of those payroll deduction insurers.
2. Started selling med supps- I did very well at this but found it to be very boring. If you want to get your feet wet this is a good place to start. Med. Supps are very easy to learn and sell. My problem is that I get bored very easily and I didn't find Med. Supps challenging. You may love them. I haven't sold any for quite awhile and I still have nice renewals coming in.
However, it is my opinion that the liberals are going to kill Medicare and Medicare supplements just like they did health insurance and this area of the business is going to change greatly in the next five years. I wouldn't bank my whole career on Med. Supps. I would bet that Medicare supplements will also be offered through exchanges just like Nobamacare. The seniors who wisely invested their money are going to end up paying for those who blew their money and don't have a dime. I guess we'll wait and see.
3. Commercial Insurance- if you want to use your brain, constantly learn, and make big commissions, this is a great place. Commercial insurance is challenging and a lot to learn. That's why I like it so much and I have one client that pays almost $18,000 a year in commissions.
Do what you love and this business will be easy!! A person with a high school diploma can make just as much as someone who has a Phd.
----------
it just seems like everyone is into giving opposite feedback. If you say your going captive- here comes everyone bashing you for going captive and say your going indy and then the other way around if you reverse it. I understand the high fail rate, I own 2 restaurants which is also a very high fail rate but I have been at it for 11 years and haven't failed yet. From what I see insurance has a high fail rate because it takes about 2 hours to pass a test and get appointed so its every persons go to when they lose their job until they find another one- or they simply don't have the funds necessary to hold themselves thru the start. I have the income to pay my way thru any training I need and to live on for a year plus if need be. It will not be part-time..one of my restaurants is in the process of selling with a closing date of march 5th. The other my wife will run and I will succeed at the insurance route regardless of the fail rate or what anyone says. If anyone would like to answer the initial question from this post then I would greatly appreciate it. If your only interested in quoting fail rates and negativity, keep it to yourself and keep using that as an excuse for your failing when times aren't great, but I will look for the positive. Thanks
You have to remember that you are the one who asked for advice. Not everyone is going to agree with you.