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Discussion on Advice for friend in Colorado within the Getting Started Selling Insurance, part of the Insurance Agents and Brokers Forum category.

I have a good friend living just outside of Boulder. He's really a genius but stuck in the computer industry ...


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Old 05-13-2007, 10:37 AM   #1
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I have a good friend living just outside of Boulder. He's really a genius but stuck in the computer industry where outsourcing has killed him. Very good with networks.

So, he's going broke - literally.

He would be terrific at insurance. No one I know can explain something as thoroughly, he's good with people, yada yada.

I'm in California so can't really help him with what to do in Colorado. Is there any health insurance (captive) carrier he could contact? Going it solo would work but he has no background and needs the training - not to mention a license.

Please help.

Rick


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Old 05-14-2007, 01:28 PM   #2
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Rick, I am currently working with an agent in Colorado. The cool thing about naa is that I can have agents across the country and that I and other managers can train them. We may not be captive but it is really a nice home for new and seasoned agents.


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Old 05-14-2007, 01:34 PM   #3
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If he's going broke how's he gonna afford those NAA $20 leads?


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Old 05-14-2007, 01:36 PM   #4
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Quote:
Originally Posted by GreenSky View Post
I have a good friend living just outside of Boulder. He's really a genius but stuck in the computer industry where outsourcing has killed him. Very good with networks.

So, he's going broke - literally.

He would be terrific at insurance. No one I know can explain something as thoroughly, he's good with people, yada yada.

I'm in California so can't really help him with what to do in Colorado. Is there any health insurance (captive) carrier he could contact? Going it solo would work but he has no background and needs the training - not to mention a license.

Please help.

Rick
You might have to give your friend some hard advice. Does he have 100% commission sales experience? This is a hard enough field to break into for people who have had sales experience. For people who haven't had any - it's a very tough uphill climb. I would not recommend anyone get into any field of insurance without 3 months of bills in the bank.


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Old 05-14-2007, 01:36 PM   #5
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Most people do not buy the new leads at first. Some have less funds and use the B leads which are much cheaper, plus there are many other marketing methods. Some teams even give free leads to new agents. Plus you don't get billed for the leads immediately. So you have time to write the business and get paid before you get billed.


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Old 05-14-2007, 01:39 PM   #6
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Whatever, If you are not making fantastic money personally I wouldn't see what would drive you to recruit others.


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Old 05-14-2007, 01:42 PM   #7
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fantastic money? Room to grow! Not being capped out yet is a nice feeling. Lets see at the end of the year where we stand. There is a difference in our philosophies.


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Old 05-14-2007, 01:47 PM   #8
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Quote:
Originally Posted by zackarychapple View Post
Most people do not buy the new leads at first. Some have less funds and use the B leads which are much cheaper, plus there are many other marketing methods. Some teams even give free leads to new agents. Plus you don't get billed for the leads immediately. So you have time to write the business and get paid before you get billed.

How much are B-Leads and how are they obtained? thanks.


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Old 05-14-2007, 01:49 PM   #9
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You want to know where I am already just on renewals after 3 years? Where will I be in 5 more years just off renewals?

Where will a NAA agent be in 5 years? Out driving to their next appointment. I'll be managing my current block of business on six figure renewals.


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Old 05-14-2007, 01:58 PM   #10
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Message Sent!!

With this system in place I did well over 300,000 in AV with just one company my first year! I would also give full 1 on 1 support and training!

And no this is not with the NAA!!

Kris


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Old 05-14-2007, 02:01 PM   #11
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There we go - an actual offer.


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Old 05-14-2007, 02:03 PM   #12
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Sal your manager can give you b leads if you are already in naa. And John while you are working your block of business and having to maintain your clients, replace those who die off or find a better rate. I can build an agency and have a 7 figure income in 5 years. I don't know about you but that extra comma is rather nice. While new agents that are independent and struggling with no formal training or captive and not versatile. With naa I get fantastic training, room to grow, and half a dozen carriers to choose from.


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Old 05-14-2007, 02:08 PM   #13
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That sounds great on paper, but there are better options out there!!

I know this for a fact! I was with NAA before!


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Old 05-14-2007, 02:16 PM   #14
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Originally Posted by zackarychapple View Post
With naa I get fantastic training, room to grow, and half a dozen carriers to choose from.

Does "room to grow" mean "I can become a recruiter instead of an insurance agent!" ??

Does "Fantastic training" mean "They have an amazing yearly conference that they let me pay to attend!" ??

Half a dozen carriers? Really? Wow!!!!!!!


 

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Old 05-14-2007, 02:22 PM   #15
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Quote:
Originally Posted by zackarychapple View Post
Sal your manager can give you b leads if you are already in naa. And John while you are working your block of business and having to maintain your clients, replace those who die off or find a better rate. I can build an agency and have a 7 figure income in 5 years. I don't know about you but that extra comma is rather nice. While new agents that are independent and struggling with no formal training or captive and not versatile. With naa I get fantastic training, room to grow, and half a dozen carriers to choose from.


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Old 05-14-2007, 03:36 PM   #16
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man ......you still in insurance......so how is your agency going.....anyone under you yet.......obviously not this guy but got any fiends hook on the nna bandwagon....and how many non~meds have we sold to family members.....


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fantastic money? Room to grow! Not being capped out yet is a nice feeling. Lets see at the end of the year where we stand. There is a difference in our philosophies.


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Old 05-14-2007, 04:12 PM   #17
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Sti man you should know better then to see me quit.


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Old 05-14-2007, 04:19 PM   #18
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