Insurance Sales: Why It's Harder Than You Think!
By: Jason Cunningham (8-24-2006)
At one time, I was an everyday insurance agent/financial
service representative. Some nights, I do not remember going to sleep. Even when
I was out to eat, I still looked for new prospects for insurance and other
financial products. Eventually, I realized that this was not the life for me.
However, I did it long enough to tell a compelling story.
What makes insurance sales so hard? For one, you have to
constantly see new people or find new prospects for insurance. You are sometimes
convincing total strangers to give you and your company money that could range
from $30 to $5000 a month. Moreover, it is definitely a job where you
cannot set on your laurels. In business, some deals fall through for a variety
of reasons. The insurance business is no different. Therefore, you should not
get to gleeful after you close a big insurance sale.
You need to have at least $5,000 in your pocket, before
you quit your present job. It's my own personal opinion, but you can go broke
waiting on insurance sales to close or go through underwriting. If you realize
that the insurance business is not for you, get out prior to filing for
bankruptcy. Most people will never tell you these things. However, I have been
through the fire.
While insurance sales can offer you a lucrative sales
opportunity, it is up to know to realize if the job is right for you. It is not
as glamorous as it is portrayed on TV. Be prepared if you are going into
insurance sales. Make sure you have plenty of people to see, prior to signing
that job contract.
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