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Discussion on Great ways to make money, when you're broke within the General Insurance Agent Discussions, part of the Insurance Agents and Brokers Forum category.

Sorry to have brought the thread back to what it was about, LOL....


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Old 09-09-2008, 10:44 PM   #41
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Re: Ways to make money, when you're broke.             Go to Top

Sorry to have brought the thread back to what it was about, LOL.


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Old 09-09-2008, 11:07 PM   #42
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moonlightandmargaritas on Great ways to make money, when you're broke - Insurance Agent Forum
 
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Re: Ways to make money, when you're broke.             Go to Top

Quote:
Originally Posted by healthagent View Post
well there's a few other changes coming down the pike. I'll try to keep you in the loop
Know how many times I've heard stuff like this? I mean, c'mon...


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Old 09-09-2008, 11:37 PM   #43
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Re: Ways to make money, when you're broke.             Go to Top

Right!
Effective marketing brings in results .
Message.
Media.
Method.
Put it all together with M&M's help & Rob's help (and others) piece by piece no matter how long it takes if you have the desire.


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Old 09-10-2008, 12:03 AM   #44
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Re: Ways to make money, when you're broke.             Go to Top

the $1 leads was a hometown quote promotion for trying their other lines. I also signed up for group, annuities, DI along with individual health.. picked up about 30 leads. I will write a few of them, most aren't worth a buck though.

Alot of these leads have no budget for health insurance to begin with. "I don't want to spend over $35 a month." (yea got several in that vien.) They have no plan for paying so really not the best and certainly not worth full price. Not HTQ fault, just the demographic here.


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Old 09-10-2008, 12:43 AM   #45
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Re: Ways to make money, when you're broke.             Go to Top

Quote:
Originally Posted by LGilmore View Post
the $1 leads was a hometown quote promotion for trying their other lines. I also signed up for group, annuities, DI along with individual health.. picked up about 30 leads. I will write a few of them, most aren't worth a buck though.

Alot of these leads have no budget for health insurance to begin with. "I don't want to spend over $35 a month." (yea got several in that vien.) They have no plan for paying so really not the best and certainly not worth full price. Not HTQ fault, just the demographic here.
What part of Washington? I used to live in Seattle... I never sold insurance there... still sold in TX when I lived there. I think the insurance department in Olympia is run by like 4 people. I got the same lady every time I would call down there...


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Old 09-10-2008, 02:17 AM   #46
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Re: Ways to make money, when you're broke.             Go to Top

about 35 minutes up I-5 from Seattle. In


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Old 09-10-2008, 07:50 AM   #47
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Re: Ways to make money, when you're broke             Go to Top

Quote:
"I don't want to spend over $35 a month."
Yeah, I get that too. Mostly from folks who don't have insurance and haven't had it for years.

My response?

Here's my number. Let me know when you find that plan because I probably have a thousand people or more looking for the same thing.


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Old 09-10-2008, 10:13 AM   #48
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Re: Ways to make money, when you're broke.             Go to Top

Quote:
Originally Posted by LGilmore View Post
about 35 minutes up I-5 from Seattle. In
Does that put you in Everett?


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Old 09-10-2008, 10:24 AM   #49
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xrac on Great ways to make money, when you're broke - Insurance Agent Forum
 
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Re: Ways to make money, when you're broke.             Go to Top

Quote:
Originally Posted by Delta76 View Post
I started flat broke, zero sales experience (or life experience for that matter), never got any training when I started, and everything including life insurance was "as earned". The odds were certainly against me. I was horrible on the phone, had no real natural market, had a shy personality, and very little product knowledge. Three years later I'm still here! Won't say it was easy, probably the most difficult thing I've ever had to go through. However, if you have a fierce desire to succeed you will find a way.
Delta76, you have shown your true character and I know you have worked hard and applied yourself.

If I was truly broke I would find a second job I could work off hours and I would sign on with someone who would provide me with leads or I would cold walk businesses. Once I had things moving I would drop the second job.


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Old 09-10-2008, 10:54 AM   #50
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Re: Ways to make money, when you're broke             Go to Top

There was a time I was completely broke but by thinking outside the box (so to speak), I earned $100,000.

I sold my virginity on ebay.

Rick


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Old 09-10-2008, 11:24 AM   #51
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robliano on Great ways to make money, when you're broke - Insurance Agent Forum
 
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Quote:
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There was a time I was completely broke but by thinking outside the box (so to speak), I earned $100,000.

I sold my virginity on ebay.

Rick
That was you?!?!?!?


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Old 09-10-2008, 01:12 PM   #52
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BrokersAllianceAnnuities on Great ways to make money, when you're broke - Insurance Agent Forum
 
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Re: Ways to make money, when you're broke             Go to Top

Quote:
Originally Posted by Delta76 View Post
I started flat broke, zero sales experience (or life experience for that matter), never got any training when I started, and everything including life insurance was "as earned". The odds were certainly against me. I was horrible on the phone, had no real natural market, had a shy personality, and very little product knowledge. Three years later I'm still here! Won't say it was easy, probably the most difficult thing I've ever had to go through. However, if you have a fierce desire to succeed you will find a way.
Great post Congratulations


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Old 09-10-2008, 02:15 PM   #53
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somarco on Great ways to make money, when you're broke - Insurance Agent Forum
 
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Re: Ways to make money, when you're broke             Go to Top

Quote:
If I was truly broke I would find a second job I could work off hours and I would sign on with someone who would provide me with leads or I would cold walk businesses. Once I had things moving I would drop the second job.
Beats going in debt.

Or selling your virginity on eBay . . .


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Old 09-10-2008, 02:17 PM   #54
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healthagent on Great ways to make money, when you're broke - Insurance Agent Forum
 
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Re: Ways to make money, when you're broke             Go to Top

What someone needs to start is a mentorship program. Experienced agents could design a site to commission split - the newbie gets a mentor - the mentor gets the business and splits the commish.

The problem is, a lot of senior agents simply do not want to commission split.


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Old 09-10-2008, 04:31 PM   #55
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GreenSky on Great ways to make money, when you're broke - Insurance Agent Forum
 
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Re: Ways to make money, when you're broke             Go to Top

Quote:
Originally Posted by healthagent View Post
What someone needs to start is a mentorship program. Experienced agents could design a site to commission split - the newbie gets a mentor - the mentor gets the business and splits the commish.

The problem is, a lot of senior agents simply do not want to commission split.
But what would be the advantage for the senior agent. I can see a split if the newbie generated the leads and in that case I'd be happy to work with someone. (In fact, I offered to mentor Al for free).

Rick


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Old 09-10-2008, 04:43 PM   #56
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moonlightandmargaritas on Great ways to make money, when you're broke - Insurance Agent Forum
 
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Re: Ways to make money, when you're broke             Go to Top

Quote:
Originally Posted by healthagent View Post
What someone needs to start is a mentorship program. Experienced agents could design a site to commission split - the newbie gets a mentor - the mentor gets the business and splits the commish.

The problem is, a lot of senior agents simply do not want to commission split.
This interesting model has been at work for sometime in the life insurance business.

Somehow you've got to make one plus one equal three.

If the "newbie" can expose the veteran to some markets he wouldn't have an entré to, it can be win-win.


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