Sales

[backbreaker]

Do u need a degree 2 go into insurance as a broker

No. in fact my mom often tells me and told me she wasted 12 years of her life in college (masters degree)

if sales is waht you want to do you are better off going to work somewhere in sales.

 

[elite7]

Wow that sucks so whats the difference between a insurance broker and agent do u work as one?

 

[Unbridled_Phoenix]

Wow that sucks so whats the difference between a insurance broker and agent do u work as one?

It's semantics.

Actually, tomorrow is my first day as an insurance agent with a large life insurance/annuity company. This company has an agreement with a large property & casualty company wherein I will also be representing their company as an agent and selling their products. The sky's the limit, I can sell almost every type of insurance out there (except health, but health is it's own animal).

Can't wait, this is the job I've been working for!!!:woo:

I'll say this, if you are just a guy walking in off the street, you're gonna need a degree to get an interview.

But don't worry. You just have to be ingenuitive. If you don't have a degree, you have to depend entirely on yourself, and that is a good habit to start. What I would suggest is getting on linkedin and looking for an insurance manager in your area. If you can make friends with him, you've taken the first step. Show him ambition and what you're about, and he might just ask you about being an agent.

The guy who brought me into this company is a dude I met at a bar. I had beers with him a couple times before he asked me about coming into the company. Now, I am convinced this association will make me wealthy!

I don't believe that what you know is more important than who you know, as the saying goes. But obviously, who you know can take you farther faster than anything else.

 

[elite7]

I think its who u know but congrats on your job whats it the income potential?

 

[Unbridled_Phoenix]

I think its who u know but congrats on your job whats it the income potential?

I think it is very important to have a concrete goal in business.

A $2,000,000.00 book of insurance pays $400,000.00 a year; that's my goal.

SELL SELL SELL

 

[Ken785]

I think it is very important to have a concrete goal in business.

A $2,000,000.00 book of insurance pays $400,000.00 a year; that's my goal.

SELL SELL SELL

Good luck with that. People ask me and email me about selling insurance all the time. Especially Farmers....let me know how it goes...

 

[Unbridled_Phoenix]

Like any business, insurance has its gleaming giants and its fly-by-nights as well. There is a bad rep out there about door-to-door life insurance companies and the people who work for them, no doubt, but that makes the industry no less valid and extremely profitable.

Ken, Farmers is an EXCELLENT company. If you don't already have a Farmers agent in your area, you should look into it. Find out where your district office is and go talk to the suits.

 

[elite7]

I agree!!

 

[elite7]

Bump

 

[elite7]

Bump:woo:

 

[elite7]

Any more info?

 

[backbreaker]

read the laws of success by napolian hill.

not only read it, break it down, breathe it. live it.

not only for sales, for live. if i had one book i had to have for the rest of my life, that's it.

it's not a small book, but it has done more for me as far as acomplishing things than any one other thing.

 

[Trader]

A long time ago I did the whole life insurance annuities sales thing for 3 months.

I met this one guy, he was a top producer, making $1 million annually.

He told us a story about how he kept pestering this one small restaurant owner and he even sat in his restaurant for 8 hours, until finally the owner bought the group life insurance for all his employees.

You can make a lot of money from sales - but the downside is that you are only as good as your last month's production. You eat what you kill

If you don't kill anything, you aren't eating.

In other industries, not only do you avoid dealing with variable income, but you develop a knowledge base and/or certificates which serve as barriers which prevents newbies from competing with you. You *monopolize* the high wages, so to speak.

 

[The Message Boy]

Trader says,

You can make a lot of money from sales - but the downside is that you are only as good as your last month's production.

Urgh, I hate people that comment on **** they don't know what they are talking about. Not ALL sales are like that. Alot of sales positions lead to you building up residual income bases so you are getting paid every month, quarter, year, off of the portfolio of business/clients that you already have. So a good producer goes out to obtain "x" minimum number of clients to have "y" amount of income.

And even in your example about insurance, that's a sales position with residual income so you are NOT depended on the income you made this month, you are STILL making money off of the sales you've made in the prior months.

Stick to "American Women Svck" threads, all you are good for is whining about women anyway.

 

[elite7]

bump

 

[f283000]

Is a car insurance agent a good profession?

 

[Drum&Bass]

but the downside is that you are only as good as your last month's production. You eat what you kill

If you don't kill anything, you aren't eating.

This is the first thought someone has when they are NEW to sales or they don't become very good at it. The truth is, Once you develop your technique and image, sales is pretty simple and a lot of fun !!! If you don't want to work for someone else, YOU ABSOLUTELY MUST LEARN HOW TO SELL !!! I taught myself how to sell and run a business in 8 months. Now I make more in a few hours than I would in a week working for someone else.

I make money off of something that I created !! Im my own boss, and Im not worried about job security because after awhile you get used to the idea that YOU have to work (regardless if your in sales or not) but the work you do is talking to people and getting them interested in something YOU believe in (and possibly created), as opposed to sitting in a cubicle for 8 hours a day doing something that is meaningless.

 

[elite7]

awesome post

 

[elite7]

that sales site was awesome any more like it.

 

[taiyuu_otoko]

yeah, i'm definetly willing to get into NLP. i'm just curious to know what kind of sales fields there are. which is the best to get into? which is the best to start out as? HOW do you start out, without having any experience?

I've sold cars, insurance, solar heating panels, and other stuff.

Most entry level sales jobs are going to be based on the following model:

Every week, the hire 20 new guys (or so depending on the size of the company) and give them a minimum amount of training, and then shove them out into the field. Usually one, maybe two guys will sell something, and the rest quit within a week. It's pure commission, so the companies got nothing to lose.

If you want a company to spend any amount of money putting you through any amount of sales training, they are going to expect somebody with a resume full of results.

I saw an ad once for a door sales company that required previous income of 100K in sales.

If you are really aggressive, and a self starter, and can learn on your own, sales is the way to go. If you are what they call an "order taker," somebody who sits there and expects people to walk up and ask to buy something, you won't make it.

Check a major metropolitan newspaper under "sales" and find something that sounds interesting. Realize you are going to experience a lot of rejection, but think of it as something that can potentially turn you into a socially powerful selling machine. Just realize you're going to have to really be aggressive for a while, but you'll learn a lot.

some pure commission sales jobs I've looked into:

closet design
solar heating panels
alarm sales (door to door)
cars
health insurance (need license)
life insurance (need license)
small business collection service
model recruitment

If you can get good at selling insurance, you can make bank, because every time somebody renews an insurance policy you sold them, you get a commission. Hump it for a few years and you're pulling some coin.

Note, these are all pure commission, but you could potentially find one with a very small (minimum wage) base salary that gives you a commission. I had a friend once that did pretty good selling women's shoes at Nordstrom's. (not al bundy). All he did was tell girls how hot they looked in those shoes, and they lapped it up. That might be a good job if you can get it.

keep checking the papers, and the internet for jobs. Go find something that sounds interesting and go after it with all you've got.

It's definitely doable to be making 100K in a couple of years, or sooner, if you stick to it.