Register here to view the forum without ads

Insurance Agent Forum
Join our Facebook Fan Page  Join our LinkedIn Group of Insurance Agents  Follow Insurance Agents Forum on Twitter
Currently Online: 142
Members: 13,183
Discussions: 15,199
Messages: 199,317
Views: 7,980,496

Go Back   Insurance Agent Forum > Insurance Agents and Brokers Forum > General Insurance Agent Discussions

Health Choice One

Scroll down for a discussion on NAA- Zero to 100Million in 4 years- WOW within the General Insurance Agent Discussions.

I spent a couple of months looking at the old forum and reading it regarding NAA before I even joined that forum. If were going ...


Reply to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 12:30 PM   #1
Guru
 
Join Date: Sep 2006
Posts:287
NAA- Zero to 100Million in 4 years- WOW             Go to Top


I spent a couple of months looking at the old forum and reading it regarding NAA before I even joined that forum. If were going to kick this new forum off and make it heat up, I'm sure this will get things rolling.

I joined NAA a couple of months ago. I love them. I don't know any IMO who grew this fast. Maybe Johnpet or Sti do. I know neither of them care for NAA but for me it was a fantastic experience that I wouldn't trade for anything. Here's why!

They have a set way of selling that is easy to do.
They have weekly meetings so you can trade ideas and stay connected.
They have great leads that are very easy to sell. If there A leads.
There B leads are free.
Weekly training is on the web or over the phone.
They are growing like wild fire.

O.K. everybody-Bring the Heat
Choose Insurance Type

Enter Zip Code
dvd493 is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW

Register Now for FREE!
Are you an Insurance Agent Forum member yet? To sign up for your FREE INSTANT account, fill out the form below!

Username:     Password:   Confirm Password:     E-Mail:   Confirm E-Mail:

    Question of the day:   What color are tomatoes? Agree to forum rules 


Old 09-11-2006, 12:53 PM   #2
Guru
 
midwestbroker on NAA- Zero to 100Million in 4 years- WOW - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:1,954
Send a message via ICQ to midwestbroker Send a message via Yahoo to midwestbroker
             Go to Top

To each their own.

If it works for you and you can sleep at night, put food on the table and keep the lights on then have at it.

If you look at any insurance company or IMO, there is usually an agent out there who is selling it and doing it well. Usually, the better the upper management and support the better the situation is.

In the big picture, if you are giving your clients a good service and keeping them happy, you will be success. If you do them wrong they will cancel and you will usually never have the ability to sell to them or their friends and fam again.
midwestbroker is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 01:00 PM   #3
Guru
 
healthagent on NAA- Zero to 100Million in 4 years- WOW - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:9,798
State: healthagent is an Insurance Agent from Maryland
Send a message via Yahoo to healthagent
             Go to Top

I won't say anything bad about the NAA. Their products are legitimate and every organization has their heavy hitters. When I was with UGA I won Quick Start for the country and won a trip to Cabo. It most certainly didn't mean my clients got the best deal.

I don't think anyone's ever claimed that no one can make money with the NAA. But what public forums are about are making sure everyone knows the full scoop - which means upsides and downsides.

A lot of people thrive in "rah rah" organizations. If you take some of those people and make them independent they'll crash and burn.

This is what it's all about:

1) Being happy with what you're selling
2) Knowing in your heart that your client is better off having met you
3) Making enough money to make it worth your efforts
4) Researching other products to make sure that what you're offering is competitive
5) Being able to walk up to any client a year later in the grocery store and saying "Hey! How are you doing!" and knowing they're still happy.
------------------------------------
Health Insurance Agents: Training, Support, Discounts, E&O for $440 www.ihiaa.com

Read our blog: www.IHIAA.blogspot.com
healthagent is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 01:00 PM   #4
Guru
 
moonlightandmargaritas on NAA- Zero to 100Million in 4 years- WOW - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:6,148
State: moonlightandmargaritas is an Insurance Agent from Florida
             Go to Top

When the business starts coming off (or "peeling" as we used to call it), faster than you can write it...watch out!
moonlightandmargaritas is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 02:03 PM   #5
Super Genius
 
Join Date: Sep 2006
Posts:21
             Go to Top

I wish ya all the best, just make sure when you are setting knee cap to knee cap with this good folks that you are properly insuring them, they deserve it.

I know alot of former NAA-ites, who got past their learning curve and when on to other things.
Tim Eubanks is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 02:10 PM   #6
Super Genius
 
Join Date: Sep 2006
Posts:21
             Go to Top

Oh, and why the comment about bringing the heat?

I read your post on the old board( NAA thread),let's not mudsling right off the bat?, I hope not, after all NAA is an old hat topic for most of us.
And not much need in a re-hash of things.
Agreed?

I wish ya well
Tim Eubanks is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 03:18 PM   #7
Guru
 
Join Date: Sep 2006
Posts:287
             Go to Top

I'm like many others on this forum who start with NAA and learn things then move on to other things. I do think NAA is a phenomenon and a great place to start but, it's tough to stay there after you find this forum.

Before I found out you could start at 90% or higher on contracts, I was very happy being full time with NAA. However, because I've followed this forum I started looking around and did get contracted at 90% with another company. So now I'm part time with NAA and starting on my own for a higher commission.
dvd493 is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 03:28 PM   #8
Super Genius
 
Join Date: Sep 2006
Posts:21
             Go to Top

That's great!!!
A higher contract can always make life easier.

I started in this biz at a 25% contract, I have learned a lot over the years
Tim Eubanks is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 03:38 PM   #9
Guru
 
Join Date: Sep 2006
Posts:287
             Go to Top

Tim,

I saw your other post about ministry. I could use all the prayers you care to give for success in this field. I just spent over 1,300 dollars on a lead generating company but only have a few leads to show for it so far. I may be one of those people who goes independant only to get wiped out. I imagine most people feel that way in the beginning.
dvd493 is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 03:57 PM   #10
Guru
 
healthagent on NAA- Zero to 100Million in 4 years- WOW - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:9,798
State: healthagent is an Insurance Agent from Maryland
Send a message via Yahoo to healthagent
             Go to Top

$1,300 and only a few leads? What marketing method are you using. Are you still selling MP but as an independent?
healthagent is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 04:21 PM   #11
Guru
 
Join Date: Sep 2006
Posts:287
             Go to Top

John,

I'm glad you came back on to this. Yes, 1,300 produced only 4 leads so far. I don't think any more are coming in. The marketing method I think would have to be called "The Dumb Way to Marketing 101". I can't really afford to do this again unless there are some gurantees on how many leads I'll be getting at a minimum.

Yes, I'm still doing Mortgage Protection. I did get one appointment out of the 4 leads with 2 sales. It's not as bad as it seems but I will go broke fast If I keep doing it this way.
dvd493 is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 04:32 PM   #12
Super Genius
 
Join Date: Sep 2006
Posts:21
             Go to Top

Originally Posted by dvd493
Tim,

I saw your other post about ministry. I could use all the prayers you care to give for success in this field. I just spent over 1,300 dollars on a lead generating company but only have a few leads to show for it so far. I may be one of those people who goes independant only to get wiped out. I imagine most people feel that way in the beginning.
I just said a prayer for ya.

And will be happy to say many more for you.

If you will, either here or send me an email lay out your marketing and I will help all I can.
Tim Eubanks is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 04:37 PM   #13
Guru
 
healthagent on NAA- Zero to 100Million in 4 years- WOW - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:9,798
State: healthagent is an Insurance Agent from Maryland
Send a message via Yahoo to healthagent
             Go to Top

Right now I'm hooked on cold call telemarketing. This was a perfect case of my mind being convinced that something would suck that didn't end up sucking. I did telemarketing for Dial America back in the day - HATED it! Got hung up on, cussed out, etc...The problem was calling people at home during dinner for phone and credit card services. That put a bad taste in my mouth.

I've been B to B for years but now come to find that the telemarketing is simply more effective. I'm have an unlimited amount of nationwide leads that I can customize for $9.95 per month.

Would it work for MP? Maybe not. I'm calling small business owners for health insurance. Great response.

I think you need to do an assessment. You need to ascertain how you can get closable MP leads for next to no money. Hard. It's cold calling or nothing.
healthagent is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 04:38 PM   #14
Guru
 
Join Date: Sep 2006
Posts:287
             Go to Top

Tim,

I signed on with another IMO and am using there contact to drop off mailers. They drop 3,000 of them for about 1,300. I think the problem may be that my area is so saturated with NAA mailers that there is no room for anything else.

I may have to go out further into other counties several hours away to make this happen. I have until Friday to see what comes in but, it doesn't look real promising yet.

P.S. Thanks for the prayers. I'll take all I can get.
dvd493 is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 04:46 PM   #15
Guru
 
healthagent on NAA- Zero to 100Million in 4 years- WOW - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:9,798
State: healthagent is an Insurance Agent from Maryland
Send a message via Yahoo to healthagent
             Go to Top

Mailers pull at .05%. So 3,000 mailers would get should get you 15 leads. That's not a lot.

Possible you could pull it off at 90% contracts and an average yearly premium of $1,000. With a $1,300 lead cost you'd need 3 deals to make it worth your while. I think that's do-able from 15 leads....but you need the 15.
healthagent is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 04:51 PM   #16
Guru
 
Join Date: Sep 2006
Posts:287
             Go to Top

John,

At this point if I had 15 leads I'd be very happy. I'd do just fine on the sales end I'm sure. My problem so far is just getting the leads. If I don't by Friday, hopefully the company will do a free drop in another county for me so I don't go broke.
dvd493 is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 04:57 PM   #17
Guru
 
healthagent on NAA- Zero to 100Million in 4 years- WOW - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:9,798
State: healthagent is an Insurance Agent from Maryland
Send a message via Yahoo to healthagent
             Go to Top

Well the definition of insanity is repeating the same actions and expecting different results. If you're not pulling .05% then either you need to be in another area or you need to tweak the mailer itself.
healthagent is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 05:01 PM   #18
Guru
 
Join Date: Sep 2006
Posts:287
             Go to Top

I did just tweak the mailer. They used to go out as cards, now there going out as letters. I can't make quick changes though because I'm using a company so I don't have a lot of control over it other than just some input.
dvd493 is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 05:16 PM   #19
Guru
 
Join Date: Sep 2006
Posts:287
             Go to Top

John,

You said on a previous post that cold calling was the answer. This is something I really don't want to do. I've done it in the past and prefer to spend money on leads so I can at least speak with people who asked for me to call them.

I know that a lot of the big money makers in the industry do cold calling but in sales there is enough rejection without having to voluntarily pile it on through cold callling.
dvd493 is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Old 09-11-2006, 05:49 PM   #20
Super Genius
 
Join Date: Sep 2006
Posts:21
             Go to Top

A couple of other factors besides the actual mail piece, and you hit on them.

How many times are they being mailed to and by whom?

I have NAA all over my town and the MP biz is a tough sell.

Drop me an email and I will email you a one page letter I use to sell Term

Choose Insurance Type Enter Zip Code


Tim Eubanks is offline   Reply With Quote to NAA- Zero to 100Million in 4 years- WOW
Reply to NAA- Zero to 100Million in 4 years- WOW

  Insurance Forum > Insurance Agent Forum > Insurance Agents and Brokers Forum > General Insurance Agent Discussions



Thread Tools
Display Modes

Similar Threads with NAA- Zero to 100Million in 4 years- WOW
Thread Thread Starter Forum Replies Last Post
Leaving agency after 14 years mnmjski General Insurance Agent Discussions 38 11-06-2008 09:55 AM
15 years of experience and need some help cbusg8tr General Insurance Agent Discussions 3 06-05-2008 02:56 AM
After 22 years.... HomeService Getting Started Selling Insurance 11 02-06-2008 10:47 AM
New Years Goals midwestbroker General Insurance Agent Discussions 10 01-07-2007 11:50 PM



All times are GMT -5. The time now is 02:14 AM.


Powered by vBulletin® Version 3.6.12 Secure
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.3.0