... It would appear that you really don't know what you are doing. I doubt you will find enough gullible newbies here to fill your basket. I suggest you learn the trade before you try to bite off more than you can chew.
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To be truly independent, an agent should not be dependent on a government bureaucrat for contracts or commissions.
... It would appear that you really don't know what you are doing. I doubt you will find enough gullible newbies here to fill your basket. I suggest you learn the trade before you try to bite off more than you can chew.
I doubt you will find enough gullible newbies here to fill your basket.
I don't think it'd be that difficult to find people who are gullible and would sign up, but the chance of success is low. You might be MUCH better off spending time working with a good organization and getting experience. There is nothing to say that you can't keep recruiting agents and start to grow a larger team, but it's a good idea to not get ahead of yourself. I'm watching some of my agents try to start agencies and they're getting pretty banged up. Having a team and producing leads is one thing, but running an Agency takes skills and experience most agents just don't have. If your serious about growing a team and eventually being a GA you should get contracted under an FMO that will train you and give you contracts that can grow with your organization. If you're having a hard time with that or want to have a more in depth conversation about this shoot me an e-mail and I can help. If the e-mail doesn't work just visit my website and send me a message from there.
Its amazing how arrogant people can be, you post two threads on a forum all of a sudden they all know your life story and where your at in your career.
Get a life Ill live mine
If anybody would like to answer my first and original question, without an opinion involved that would be great
Just trying to see if anybody with experience could tell me how to start a GA, and in November i was trying to see the most cost effective way to market ma's to senior's, but ive been running final expense for the past 3 years and after the new cms rules im not going to waste my time with ma's.
Just trying to see if anybody with experience could tell me how to start a GA, and in November i was trying to see the most cost effective way to market ma's to senior's, but ive been running final expense for the past 3 years and after the new cms rules im not going to waste my time with ma's.
First, everyone here has opinions. There are no exceptions. That being said, some are more friendly and helpful, others not so much. Welcome to the internet!
Second, if you want help starting a GA send me an e-mail with more specific questions. Some starter questions I have for you are how many agents do you have? Do you already have an FMO? If you already have an FMO, why aren't you going through them? What states are you licensed in? What products do you represent and what are your primary companies/products?
Contact an IMO and talk to them about starting an agency. You'll have to have x amount of agents under you with x amount of production before someone will give you a GA contract.
Some agencies wont care, they give out GA contracts with no problem.
Just trying to see if anybody with experience could tell me how to start a GA, and in November i was trying to see the most cost effective way to market ma's to senior's, but ive been running final expense for the past 3 years and after the new cms rules im not going to waste my time with ma's.
What kind of GA operation are you looking to run? Are you looking for something that is just local where agents come into an office and use you for support/training? Are you looking to have agents in multiple states where you may not offer them too much support? Are you looking to do a combo of the above two scenerios?
The problem with your question is that it is too open ended. There are so many questions you should be asking about being a GA and alot of answers you need in order to be efficient with this. Why don't you give me a call and we'll see where you are really at and then move forward from there.
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Todd R. King
800-590-7207
540-400-6275
888-748-3978 Fax
[COLOR=red]Do the right thing because it's simply the right thing to do.[/COLOR]
If you are building a Corporation (Agency) then you need to first have a team, second you need some experience or have the experienced on your team. Its all about knowing the right people, who can get the best leads, who can give you the best contracts and how to make a profit while having agents working for you as well. Its not an easy task, and though experience is important it is not as important as knowing how to run a business.
I have a Final Expense product completely over the phone, Great Contract and a Great Lead Source that could help you and your Agency Grow but you have to always do the right thing for your Agents and Never Yourself. Keep your Agents First and your Agency will Prosper.
If you are building a Corporation (Agency) then you need to first have a team, second you need some experience or have the experienced on your team. Its all about knowing the right people, who can get the best leads, who can give you the best contracts and how to make a profit while having agents working for you as well. Its not an easy task, and though experience is important it is not as important as knowing how to run a business.
I have a Final Expense product completely over the phone, Great Contract and a Great Lead Source that could help you and your Agency Grow but you have to always do the right thing for your Agents and Never Yourself. Keep your Agents First and your Agency will Prosper.
Tsk Tsk Tsk
Tsk #1, He said already has a team.
Tsk #2, He said he can already generate leads.
Tsk # 3: You can't just start promoting on this site, check out the rules section.
Many of us do have our own products we're promoting, you just need to post on here more before you start pushing it.
Before you can build an "agency" you first need to build a client base. In other words, you need to become successful as an agent, build a client base, and know what you are doing and the best way to do it. Learn to walk before you start trying to "run".
You have to be able to show other agents that you are capable of teaching and helping them to become successful. Simply calling yourself an "agency" isn't going to cut it.
Once you become successful, then and only then, will you be able to mentor other agents. If you don't know "how to do it" you will never be able to teach others.
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Originally Posted by MedicarePlanSolutions
Tsk Tsk Tsk
Tsk #1, He said already has a team.
Tsk #2, He said he can already generate leads.
Tsk # 3: You can't just start promoting on this site, check out the rules section.
Many of us do have our own products we're promoting, you just need to post on here more before you start pushing it.
Although I complimented him on his post I do somewhat agree. His basic advice is sound, especially the part about how to treat agents, but as you pointed out a little spamy. If that is as "bad" as it gets I can overlook it this time. After all, he is a "new kid" on the block.
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Medicare Supplement Sales Training and Coaching.
"The Perfect Contact Management Program (CMP) for the Insurance Professional" www.YourInsuranceOffice.com
877.633.0808
Last edited by Frank Stastny : 01-21-2009 at 12:12 PM.
Reason: Posts merged
Before you can build an "agency" you first need to build a client base. In other words, you need to become successful as an agent, build a client base, and know what you are doing and the best way to do it. Learn to walk before you start trying to "run".
You have to be able to show other agents that you are capable of teaching and helping them to become successful. Simply calling yourself an "agency" isn't going to cut it.
Once you become successful, then and only then, will you be able to mentor other agents. If you don't know "how to do it" you will never be able to teach others.
Great post !
Here's another way to look at it. When you were little you did this to learn how to get around:
1) Crawl.
2) Learn to stand up.
3) take your first step. (look for a parent to catch you when you fall)
4) Walk on your own
5) Run
I don't know you and where you are in this sequence but you are very motivated.
I am in the process of building my own agency and currently have four agents contracted. Only one agent is working..... me ! But I'm making money and they are not. I don't think they are going to be worth my time.
Good luck and listen to the advice given by these insurance professionals. They know what they are talking about !
Anyone out there know of a good FE agency in Georgia ideally north of Atlanta?
There are probably half a dozen on here, what are you looking for? Leads? High Commission? Training? All of the above? Ok, that last one was a joke, but seriously, what would you call a good FE agency?
Dayton, OH Medicare Options:
Ramiz Hakim & Associates Medicare
THIS BROKERAGE IS REPORTING A BLACK LIST OF HIS OWN PERSONAL MEDICARE RECRUITERS/MARKETER'S.... "WHY" IS THE QUESTION.... WHEN THIS GROUP DOESN'T OFFER THESE PRODUCTS...(Medicare Supplements/Medicare Advantage/Part D/Annuties and much more) .... through multiple A+ by A.M BEST ins. carriers/companies TO HIS CONSUMERS..... MAKE SO YOU GOOGLE "Ramiz Hakim & Associates Medicare Group" AND CHECK OUT HIS PORTFOLIO.... (i.e what he offers you'r senior clients/prospects)..... reseach the postings of this guy and see if he is qualified to be so outspoken on these issues!!!
Dayton, OH Medicare Options:
Ramiz Hakim & Associates Medicare
THIS BROKERAGE IS REPORTING A BLACK LIST OF HIS OWN PERSONAL MEDICARE RECRUITERS/MARKETER'S.... "WHY" IS THE QUESTION.... WHEN THIS GROUP DOESN'T OFFER THESE PRODUCTS...(Medicare Supplements/Medicare Advantage/Part D/Annuties and much more) .... through multiple A+ by A.M BEST ins. carriers/companies TO HIS CONSUMERS..... MAKE SO YOU GOOGLE "Ramiz Hakim & Associates Medicare Group" AND CHECK OUT HIS PORTFOLIO.... (i.e what he offers you'r senior clients/prospects)..... reseach the postings of this guy and see if he is qualified to be so outspoken on these issues!!!
Gotmedicare.com
I took you up on this and did a Google search. Looks good to me!
Why are you concerned about what carriers / IMO's an agent is blacklisting.
If you have a reply to why one should not be, please feel free to start your own thread on the topic.
Thank you,
Mike
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"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." Ronald Reagan
My concern is that this this broker is releasing personal info about about agents/recruiters/marketers!!!!! Personal info should not be released or post on this BLOG's this is a "professional outlook" on changes within Medicare (i.e. insurance plans...) NO ONE SHOULD EVER FIND THERE HOME ADDRESS on these BLOG'S.... that's INSANE!!!! I don't can who you think you are : user name "theinsuranceguy". This posting is from the wife of "medsupprecruiter"!
Thank you for your response to this posting and for your personal awareness!
-Kimberly
Originally Posted by midwestbroker
Insurancewife,
Why are you concerned about what carriers / IMO's an agent is blacklisting.
If you have a reply to why one should not be, please feel free to start your own thread on the topic.
SENIOR INSURANCE GA,s
Re: SENIOR INSURANCE GA,s
Ill live mine
!
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