Why do so many new insurance agents "wash out" so

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PostPosted: Wed Apr 08, 2009 7:01 am   Post subject:   

Hi beatuplunchbox,

Quote:
Besides having this quality, what can brand new agents to to "sandbag" themselves against common mistakes?


I'd also believe that it's quite important for the new captive agents to mingle with the more experienced lot and gain out of their experiences. What do you think?

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PostPosted: Wed Apr 08, 2009 1:27 pm   Post subject:   

That is actually what saved my business. I became good friends with a more experienced agent and career salesman who actually took the time to SHOW me how to prospect, close sales, and to run my business in general.

Come to think of it, it was the only way my business survived at all...

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PostPosted: Thu Apr 09, 2009 3:33 am   Post subject:   

The idea of mingling with experienced agents is a good one but you must weigh your mingling with new ones like you. Its good when you grow to an environment with someone like you at least you discover other things that others not known. If you rely on experienced agents then there's no thrill at all. Its like you never learn on yourself. So this must be balance because some would just rely on it.
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PostPosted: Thu Apr 09, 2009 6:09 am   Post subject:   

Hi Beatup,

Quote:
I became good friends with a more experienced agent and career salesman who actually took the time to SHOW me how to prospect, close sales, and to run my business in general.


I have a feeling that such a thing is possible when you'd start as a captive agent. You'd then be able to see how these experts communicate with their clients. At the same time you'd also get an opportunity to exchange views about retaining clients- which I feel is truly important..I hope you'd agree!

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PostPosted: Thu Apr 09, 2009 8:47 pm   Post subject:   

Tat is how I started out, as a captive agent. It was cool to have someone to partner up with when we both went independent.

I haven't considered this: When people start out independent how are they able to find mentors or someone to show them a business?

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PostPosted: Fri Apr 10, 2009 5:31 am   Post subject:   

Quote:
Thanks chris. I get your point. But isnt that nice if you work more than just being a cashier? Paying bills is not enough for me to be successful.


Sorry beforehand because i am poking in between. but what chris Bantley has stressed that so many people are content about what they have and thus are not too greedy and even if they are able to pay their bills on time they consider themselves happy.

Dritz, case with you may be different.Because every person has a different definition of the success.My definition or my expectation may be just to earn some decent money in order to pay all the bills on time and lead a life with having free time to do what i like to do. My hobbies. So this is my definition of the successful life.Yours may differ on the quantity of money you want to earn.So ................ Wink

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PostPosted: Fri Apr 10, 2009 7:13 am   Post subject:   

Beatup, I guess pointing out each others' mistakes initially could really strengthen the bonding. This is something that would be carried through the partnership and in the long run they may even get opportunities to balance each other as independent agents.

Each party might offer to the other- those clients which they wouldn't cater to (and vice versa). Yes, the relationship has to grow and get nourished from both sides.

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PostPosted: Mon Apr 13, 2009 10:04 am   Post subject:   

Beatup, do you think it could really strengthen their respective external networks as well?
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PostPosted: Mon Apr 13, 2009 11:10 am   Post subject:   

In my case it really has. What has really worked is that we compliment each others strengths and weaknesses. He is extremely skilled in closing sales, figuring out ROI, negotiating contracts, etc. My skills are at marketing, leads generation, business tracking and customer retention.

Between the two of us it is a fairly solid business. The other thing is that we are good enough friends that we can give each other a kick in the butt if we need it. It is always taken and given as constructive criticism.

The measure of a true friend is that they tell you what you NEED to hear rather than what you WANT to hear.

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PostPosted: Mon Aug 29, 2011 3:44 pm   Post subject: opportunity to RSS  

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