Comments on: It is profitable to be an insurance agent http://www.bigfatpurse.com/2008/11/it-is-profitable-to-be-an-insurance-agent/ Wed, 08 Feb 2012 04:44:12 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: JustAcommoner http://www.bigfatpurse.com/2008/11/it-is-profitable-to-be-an-insurance-agent/#comment-4901 JustAcommoner Fri, 07 Oct 2011 04:57:06 +0000 http://www.bigfatpurse.com/?p=849#comment-4901 Mrs Ang: Before you decide to embark into insurance career, why not ask yourself the following: 1) Are you able to take huge pay cut as compare to your existing job? 2) Do you mind working for at least 10hrs a day which may includes weekends? 3) Are you able to be accepting the fact that most of your surroundings friends distancing away from you when you announced yourself as a insurance agent? 4) Are you prepare to spend 3 to 5 years before you can kinda establish a stable income? which may or may not be happening. All that glisters might not be always be gold for you.... Mrs Ang: Before you decide to embark into insurance career, why not ask yourself the following:
1) Are you able to take huge pay cut as compare to your existing job?
2) Do you mind working for at least 10hrs a day which may includes weekends?
3) Are you able to be accepting the fact that most of your surroundings friends distancing
away from you when you announced yourself as a insurance agent?
4) Are you prepare to spend 3 to 5 years before you can kinda establish a stable income? which may or may not be happening.
All that glisters might not be always be gold for you….

]]> By: Mrs Ang http://www.bigfatpurse.com/2008/11/it-is-profitable-to-be-an-insurance-agent/#comment-140 Mrs Ang Sun, 08 May 2011 12:06:10 +0000 http://www.bigfatpurse.com/?p=849#comment-140 Hi Ryan, Hi Alvin I am currently having a pretty stable sales job which pays not too bad. However, I am considering of making a career switch to insurance as I love meeting people and love providing and building relationship too.. Just want to find out if its better to start of as a full time agent? What time frame can I see my effort and hardwork bearing fruits? Cheers! Hi Ryan, Hi Alvin

I am currently having a pretty stable sales job which pays not too bad. However, I am considering of making a career switch to insurance as I love meeting people and love providing and building relationship too.. Just want to find out if its better to start of as a full time agent? What time frame can I see my effort and hardwork bearing fruits? Cheers!

]]> By: Mrs Ang http://www.bigfatpurse.com/2008/11/it-is-profitable-to-be-an-insurance-agent/#comment-1608 Mrs Ang Sun, 08 May 2011 12:06:10 +0000 http://www.bigfatpurse.com/?p=849#comment-1608 Hi Ryan, Hi Alvin I am currently having a pretty stable sales job which pays not too bad. However, I am considering of making a career switch to insurance as I love meeting people and love providing and building relationship too.. Just want to find out if its better to start of as a full time agent? What time frame can I see my effort and hardwork bearing fruits? Cheers! Hi Ryan, Hi Alvin

I am currently having a pretty stable sales job which pays not too bad. However, I am considering of making a career switch to insurance as I love meeting people and love providing and building relationship too.. Just want to find out if its better to start of as a full time agent? What time frame can I see my effort and hardwork bearing fruits? Cheers!

]]> By: Alvin http://www.bigfatpurse.com/2008/11/it-is-profitable-to-be-an-insurance-agent/#comment-139 Alvin Tue, 08 Sep 2009 13:43:10 +0000 http://www.bigfatpurse.com/?p=849#comment-139 Hi Ryan, thank you for your clarification. I do believe there is a price to pay to be good in every field. And most importantly, passion is key to success which I can feel from your writing. All the best! Hi Ryan, thank you for your clarification. I do believe there is a price to pay to be good in every field. And most importantly, passion is key to success which I can feel from your writing. All the best!

]]> By: Alvin http://www.bigfatpurse.com/2008/11/it-is-profitable-to-be-an-insurance-agent/#comment-1607 Alvin Tue, 08 Sep 2009 13:43:10 +0000 http://www.bigfatpurse.com/?p=849#comment-1607 Hi Ryan, thank you for your clarification. I do believe there is a price to pay to be good in every field. And most importantly, passion is key to success which I can feel from your writing. All the best! Hi Ryan, thank you for your clarification. I do believe there is a price to pay to be good in every field. And most importantly, passion is key to success which I can feel from your writing. All the best!

]]> By: Ryan Koh http://www.bigfatpurse.com/2008/11/it-is-profitable-to-be-an-insurance-agent/#comment-138 Ryan Koh Mon, 07 Sep 2009 13:31:57 +0000 http://www.bigfatpurse.com/?p=849#comment-138 Alvin, you got good understanding for my industry yea. It is true that Insurance job pays well. However, as you already said that it is based on renewals, customer service is very important. Alot of agents focus on "1 night stand" relationship and never follow-up. This is one of the main reasons why my industry is seen as very "sales" orientated rather than professional work like Doctors or Lawyers. To me, repeat business is one of the greatest market any agent can have. Imagine you got 500 clients. Everyday 1 client will celebrate birthday. Just doing servicing the agent will die of exhaustion! haha. Furthermore, if 50% (250 clients) refer you 1 case per year, you will be doing very well! This is definitely a relationship business. Long term wise, the business can autopilot by itself! That's what I like about this career! Cheers! Alvin, you got good understanding for my industry yea. It is true that Insurance job pays well. However, as you already said that it is based on renewals, customer service is very important.

Alot of agents focus on “1 night stand” relationship and never follow-up. This is one of the main reasons why my industry is seen as very “sales” orientated rather than professional work like Doctors or Lawyers.

To me, repeat business is one of the greatest market any agent can have. Imagine you got 500 clients. Everyday 1 client will celebrate birthday. Just doing servicing the agent will die of exhaustion! haha. Furthermore, if 50% (250 clients) refer you 1 case per year, you will be doing very well!

This is definitely a relationship business. Long term wise, the business can autopilot by itself!

That’s what I like about this career!

Cheers!

]]> By: Ryan Koh http://www.bigfatpurse.com/2008/11/it-is-profitable-to-be-an-insurance-agent/#comment-1606 Ryan Koh Mon, 07 Sep 2009 13:31:57 +0000 http://www.bigfatpurse.com/?p=849#comment-1606 Alvin, you got good understanding for my industry yea. It is true that Insurance job pays well. However, as you already said that it is based on renewals, customer service is very important. Alot of agents focus on "1 night stand" relationship and never follow-up. This is one of the main reasons why my industry is seen as very "sales" orientated rather than professional work like Doctors or Lawyers. To me, repeat business is one of the greatest market any agent can have. Imagine you got 500 clients. Everyday 1 client will celebrate birthday. Just doing servicing the agent will die of exhaustion! haha. Furthermore, if 50% (250 clients) refer you 1 case per year, you will be doing very well! This is definitely a relationship business. Long term wise, the business can autopilot by itself! That's what I like about this career! Cheers! Alvin, you got good understanding for my industry yea. It is true that Insurance job pays well. However, as you already said that it is based on renewals, customer service is very important.

Alot of agents focus on “1 night stand” relationship and never follow-up. This is one of the main reasons why my industry is seen as very “sales” orientated rather than professional work like Doctors or Lawyers.

To me, repeat business is one of the greatest market any agent can have. Imagine you got 500 clients. Everyday 1 client will celebrate birthday. Just doing servicing the agent will die of exhaustion! haha. Furthermore, if 50% (250 clients) refer you 1 case per year, you will be doing very well!

This is definitely a relationship business. Long term wise, the business can autopilot by itself!

That’s what I like about this career!

Cheers!

]]> By: James http://www.bigfatpurse.com/2008/11/it-is-profitable-to-be-an-insurance-agent/#comment-137 James Wed, 15 Apr 2009 00:26:33 +0000 http://www.bigfatpurse.com/?p=849#comment-137 Sorry if I'm beginning to sound like a nag...LOL Actually, my personal goal is to be a full time trader, in the next few years. My mid life crisis came early and since mid 2004, I've been planning this alternative career path. James http://futures-trading.blogspot.com Sorry if I’m beginning to sound like a nag…LOL
Actually, my personal goal is to be a full time trader, in the next few years. My mid life crisis came early and since mid 2004, I’ve been planning this alternative career path.

James
http://futures-trading.blogspot.com

]]> By: James http://www.bigfatpurse.com/2008/11/it-is-profitable-to-be-an-insurance-agent/#comment-1605 James Wed, 15 Apr 2009 00:26:33 +0000 http://www.bigfatpurse.com/?p=849#comment-1605 Sorry if I'm beginning to sound like a nag...LOL Actually, my personal goal is to be a full time trader, in the next few years. My mid life crisis came early and since mid 2004, I've been planning this alternative career path. James http://futures-trading.blogspot.com Sorry if I’m beginning to sound like a nag…LOL
Actually, my personal goal is to be a full time trader, in the next few years. My mid life crisis came early and since mid 2004, I’ve been planning this alternative career path.

James
http://futures-trading.blogspot.com

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