Best Agents To Give Advice

You are right. Caliban was one of the most entertaining posters ever to hit this forum. I forgot all about him.
Did he get snuffed by the Farm?

For the poor guys that missed out, I'll post something that he wrote that gives you a little perspective on him.

Caliban Quote:

"Dude, I'm sure I am not qualified to ring in on this, but here's a rant from Caliban, a grotesquely over-paid slacker agent, that might relate to a noob like you at the start of his sales career sitting in front of a phone:


1) if it sucks and is not necessary, don't do it.

2) If a lot of people say to do something, don't do it--they are idiots and the smart ones are keeping their mouths shut hoping you don't find out how THEY did it.

3) if it sucks, but IS necessary, pay someone else to do it--your job then becomes NOT to do the thing that sucks, but simply to ride their ass to do it, and if need be, fire their ass and plug in another drone. YOU get to be the PROFESSIONAL. How can you sell yourself as a professional or expert or fountain of knowledge if you are also the one in your company doing the $8 an hour smile and dial? How much IS your freaking time worth? "John Doe asked me to give you a call about _____" sounds better than you doing the calling. Put another way, would you rather tell a guy how to pick up dog crap, or actually pick up dog crap yourself?

4) here's where the math comes in: think of the demographic of the IDEAL prospect for what you sell (About to turn 65? Young couples? 40 year olds with two cars and a house? Dumb rich people? Just name it.) Then decide on the NUMBER of that specific category of people you need to be able to recognize your name and what you do and how well you you do it so you can have a sustainable number of them buy stuff from you (let's say 1,000 people). Your job is to build those 1,000 relationships as quickly as possible. If you sell Med Sup then your target isn't every Tom, Dick, and Harry out there--it is those folks getting ready to turn 64 or 65. If you sell home and auto insurance, it ain't the snot nosed 24 year old who you are going to write and he is going to move away to another state in two years--it is the 40-something with three cars, some toys, and a home who is stuck in his rut job for the next 20 years. You get the idea. Don't just call out to the world, have your "staff" call to that specific demographic about you. Make them see YOU as a guy with value. The guy to call when they have a question with a dollar sign.

5) Know your sh*t inside and out. Be the specialist or expert. That way you can say, "Tiger Woods hits golf balls 8 hours a day, 6 days a week--THIS is what I do."

6) on the first, second, and third contact with someone new, always give them something of recognizable value, a free taste of your worth, but your goal is to build a RELATIONSHIP, not close on anything. When they hang up the phone after talking with your staff, will they remember your name? Will they remember what you do? Will they put your magnet on their fridge? Then the next call it grows, and the next it grows. No appointment, no sale, nothing. It's a seduction, not a rape. You don't just want a one night stand with them, you want their soul. But don't whore yourself out either. Don't offer to send stuff that they are just going to throw away. Qualify before you actually do any work: "Would it be worth your time AND MINE for me to send you _____"

7) Ask for the opportunity to be a solution for them, or to fill a need. After numbers 1-6 above, when you get an okay to present a solution, you already got the business bro.

8) Make referrals the price of doing business with a professional like you and in two to five years you business will be done with cold-calling.


If YOU want to be good at cold calling, go to work for a telemarketing company and they will train you to help other people make a lot of money. If you want to be good at selling insurance, hire other people to pick up dog crap.

Rock on dude!"
 
For the poor guys that missed out, I'll post something that he wrote that gives you a little perspective on him.

Caliban Quote:

"Dude, I'm sure I am not qualified to ring in on this, but here's a rant from Caliban, a grotesquely over-paid slacker agent, that might relate to a noob like you at the start of his sales career sitting in front of a phone:


1) if it sucks and is not necessary, don't do it.

2) If a lot of people say to do something, don't do it--they are idiots and the smart ones are keeping their mouths shut hoping you don't find out how THEY did it.

3) if it sucks, but IS necessary, pay someone else to do it--your job then becomes NOT to do the thing that sucks, but simply to ride their ass to do it, and if need be, fire their ass and plug in another drone. YOU get to be the PROFESSIONAL. How can you sell yourself as a professional or expert or fountain of knowledge if you are also the one in your company doing the $8 an hour smile and dial? How much IS your freaking time worth? "John Doe asked me to give you a call about _____" sounds better than you doing the calling. Put another way, would you rather tell a guy how to pick up dog crap, or actually pick up dog crap yourself?

4) here's where the math comes in: think of the demographic of the IDEAL prospect for what you sell (About to turn 65? Young couples? 40 year olds with two cars and a house? Dumb rich people? Just name it.) Then decide on the NUMBER of that specific category of people you need to be able to recognize your name and what you do and how well you you do it so you can have a sustainable number of them buy stuff from you (let's say 1,000 people). Your job is to build those 1,000 relationships as quickly as possible. If you sell Med Sup then your target isn't every Tom, Dick, and Harry out there--it is those folks getting ready to turn 64 or 65. If you sell home and auto insurance, it ain't the snot nosed 24 year old who you are going to write and he is going to move away to another state in two years--it is the 40-something with three cars, some toys, and a home who is stuck in his rut job for the next 20 years. You get the idea. Don't just call out to the world, have your "staff" call to that specific demographic about you. Make them see YOU as a guy with value. The guy to call when they have a question with a dollar sign.

5) Know your sh*t inside and out. Be the specialist or expert. That way you can say, "Tiger Woods hits golf balls 8 hours a day, 6 days a week--THIS is what I do."

6) on the first, second, and third contact with someone new, always give them something of recognizable value, a free taste of your worth, but your goal is to build a RELATIONSHIP, not close on anything. When they hang up the phone after talking with your staff, will they remember your name? Will they remember what you do? Will they put your magnet on their fridge? Then the next call it grows, and the next it grows. No appointment, no sale, nothing. It's a seduction, not a rape. You don't just want a one night stand with them, you want their soul. But don't whore yourself out either. Don't offer to send stuff that they are just going to throw away. Qualify before you actually do any work: "Would it be worth your time AND MINE for me to send you _____"

7) Ask for the opportunity to be a solution for them, or to fill a need. After numbers 1-6 above, when you get an okay to present a solution, you already got the business bro.

8) Make referrals the price of doing business with a professional like you and in two to five years you business will be done with cold-calling.


If YOU want to be good at cold calling, go to work for a telemarketing company and they will train you to help other people make a lot of money. If you want to be good at selling insurance, hire other people to pick up dog crap.

Rock on dude!"

That is gold.

..............
 
In my opinion (please note I said opinion to all you FE agents), most FE agents are a special breed. They remind me of a bunch of high school boys (forgive me ladies if you're an FE agent) trying to one up each other. You know "my d*ck is bigger than yours" or "I've been with more girls than you". It's as if they are constantly trying to prove they are better than anyone and everyone.

As I said, this is my opinion and it's based solely on the comments from FE agents on this forum. And as you know, perception is reality and the above is my perception of FE agents.

Let the flaming begin.

For the poor guys that missed out, I'll post something that he wrote that gives you a little perspective on him.

Caliban Quote:

"Dude, I'm sure I am not qualified to ring in on this, but here's a rant from Caliban, a grotesquely over-paid slacker agent, that might relate to a noob like you at the start of his sales career sitting in front of a phone:


1) if it sucks and is not necessary, don't do it.

2) If a lot of people say to do something, don't do it--they are idiots and the smart ones are keeping their mouths shut hoping you don't find out how THEY did it.

3) if it sucks, but IS necessary, pay someone else to do it--your job then becomes NOT to do the thing that sucks, but simply to ride their ass to do it, and if need be, fire their ass and plug in another drone. YOU get to be the PROFESSIONAL. How can you sell yourself as a professional or expert or fountain of knowledge if you are also the one in your company doing the $8 an hour smile and dial? How much IS your freaking time worth? "John Doe asked me to give you a call about _____" sounds better than you doing the calling. Put another way, would you rather tell a guy how to pick up dog crap, or actually pick up dog crap yourself?

4) here's where the math comes in: think of the demographic of the IDEAL prospect for what you sell (About to turn 65? Young couples? 40 year olds with two cars and a house? Dumb rich people? Just name it.) Then decide on the NUMBER of that specific category of people you need to be able to recognize your name and what you do and how well you you do it so you can have a sustainable number of them buy stuff from you (let's say 1,000 people). Your job is to build those 1,000 relationships as quickly as possible. If you sell Med Sup then your target isn't every Tom, Dick, and Harry out there--it is those folks getting ready to turn 64 or 65. If you sell home and auto insurance, it ain't the snot nosed 24 year old who you are going to write and he is going to move away to another state in two years--it is the 40-something with three cars, some toys, and a home who is stuck in his rut job for the next 20 years. You get the idea. Don't just call out to the world, have your "staff" call to that specific demographic about you. Make them see YOU as a guy with value. The guy to call when they have a question with a dollar sign.

5) Know your sh*t inside and out. Be the specialist or expert. That way you can say, "Tiger Woods hits golf balls 8 hours a day, 6 days a week--THIS is what I do."

6) on the first, second, and third contact with someone new, always give them something of recognizable value, a free taste of your worth, but your goal is to build a RELATIONSHIP, not close on anything. When they hang up the phone after talking with your staff, will they remember your name? Will they remember what you do? Will they put your magnet on their fridge? Then the next call it grows, and the next it grows. No appointment, no sale, nothing. It's a seduction, not a rape. You don't just want a one night stand with them, you want their soul. But don't whore yourself out either. Don't offer to send stuff that they are just going to throw away. Qualify before you actually do any work: "Would it be worth your time AND MINE for me to send you _____"

7) Ask for the opportunity to be a solution for them, or to fill a need. After numbers 1-6 above, when you get an okay to present a solution, you already got the business bro.

8) Make referrals the price of doing business with a professional like you and in two to five years you business will be done with cold-calling.


If YOU want to be good at cold calling, go to work for a telemarketing company and they will train you to help other people make a lot of money. If you want to be good at selling insurance, hire other people to pick up dog crap.

Rock on dude!"

Finally a post of value. Thanks. :D:D

BTW, here is my list of who has helped me the most.There are many more who are great as well.

Jdeasy
Frank Statsny
Rick

There is often times garbage found on the forum, but it isn't hard to sift through the turds to get the gold. I would have failed at this job long ago without advice from many here.
 
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Here's another I thought was good:

"Experience this life man, let your helpers trade their lives each day for coppers, not yours.

In Caliban's world, you either have an assistant, or you are the assistant."

Haha. Granted he was P&C, but it's good to keep things in perspective where it fits.
 
Finally a post of value. Thanks. :D:D

BTW, here is my list of who has helped me the most.There are many more who are great as well.

Jdeasy
Frank Statsny
Rick

There is often times garbage found on the forum, but it isn't hard to sift through the turds to get the gold. I would have failed at this job long ago without advice from many here.

I will say this, I have learned things on this forum and I've been in this business going on 26 years now with the last 17 as an independent. What I've learned has been more contract and carrier based. Not so much marketing and selling as I already had that down by the time I found this forum. Sometimes I actually help a poster and other times it's more about the banter between other members. I've had numerous PM's asking for info regarding selling over the phone or about carrier info. I've talked to several forum members on the phone. I've sent PM's to some of you asking questions. This forum really is a valuable source. Especially for the new agent.

I will also say this, when I was new I didn't know what I didn't know. Even after several years in the business (as a captive) I didn't know what I didn't know (as far as what other products were available). When I started coming across prospects with better products than I could offer my eyes started to open. That's when I started my plan of going independent. My only regret is that I really didn't have a great plan. Meaning, a focus on one area. I was kind of all over the place. The big picture plan was to get my securities license (which I did) and do seminars (which I did). But it was costly and I was getting diminishing returns (two other reps in the same area were mailing to the same group of people for seminars).

I started having my existing clients ask about Medicare stuff and figured I better learn more about it. And then their friends started asking them about Medicare and they referred them to me. And it really evolved from there. My sole focus isn't Medicare, but that has become my biggest source of revenue. I still have a decent amount of income from the securities side of the business and still write some life business. If the income from the securities side wasn't as high as it is (and it's not terribly high, but covers most of my household expenses) I would walk away from it. But that also means walking away from those relationships which I'm not ready to do.

Back to not knowing what you don't know. I think there are some, like a person whose focus from the very beginning is FE and still does FE, doesn't know what they don't know. That isn't a bad thing. As someone mentioned earlier, FE agents tend to have tunnel vision. I think that's great. Finding your niche and jumping in with both feet. But this tunnel vision tends to make them feel nobody else has anything to offer if they don't do FE. And they certainly aren't shy about telling someone that.
 
For the poor guys that missed out, I'll post something that he wrote that gives you a little perspective on him.

Caliban Quote:

"Dude, I'm sure I am not qualified to ring in on this, but here's a rant from Caliban, a grotesquely over-paid slacker agent, that might relate to a noob like you at the start of his sales career sitting in front of a phone:


1) if it sucks and is not necessary, don't do it.

2) If a lot of people say to do something, don't do it--they are idiots and the smart ones are keeping their mouths shut hoping you don't find out how THEY did it.

3) if it sucks, but IS necessary, pay someone else to do it--your job then becomes NOT to do the thing that sucks, but simply to ride their ass to do it, and if need be, fire their ass and plug in another drone. YOU get to be the PROFESSIONAL. How can you sell yourself as a professional or expert or fountain of knowledge if you are also the one in your company doing the $8 an hour smile and dial? How much IS your freaking time worth? "John Doe asked me to give you a call about _____" sounds better than you doing the calling. Put another way, would you rather tell a guy how to pick up dog crap, or actually pick up dog crap yourself?

4) here's where the math comes in: think of the demographic of the IDEAL prospect for what you sell (About to turn 65? Young couples? 40 year olds with two cars and a house? Dumb rich people? Just name it.) Then decide on the NUMBER of that specific category of people you need to be able to recognize your name and what you do and how well you you do it so you can have a sustainable number of them buy stuff from you (let's say 1,000 people). Your job is to build those 1,000 relationships as quickly as possible. If you sell Med Sup then your target isn't every Tom, Dick, and Harry out there--it is those folks getting ready to turn 64 or 65. If you sell home and auto insurance, it ain't the snot nosed 24 year old who you are going to write and he is going to move away to another state in two years--it is the 40-something with three cars, some toys, and a home who is stuck in his rut job for the next 20 years. You get the idea. Don't just call out to the world, have your "staff" call to that specific demographic about you. Make them see YOU as a guy with value. The guy to call when they have a question with a dollar sign.

5) Know your sh*t inside and out. Be the specialist or expert. That way you can say, "Tiger Woods hits golf balls 8 hours a day, 6 days a week--THIS is what I do."

6) on the first, second, and third contact with someone new, always give them something of recognizable value, a free taste of your worth, but your goal is to build a RELATIONSHIP, not close on anything. When they hang up the phone after talking with your staff, will they remember your name? Will they remember what you do? Will they put your magnet on their fridge? Then the next call it grows, and the next it grows. No appointment, no sale, nothing. It's a seduction, not a rape. You don't just want a one night stand with them, you want their soul. But don't whore yourself out either. Don't offer to send stuff that they are just going to throw away. Qualify before you actually do any work: "Would it be worth your time AND MINE for me to send you _____"

7) Ask for the opportunity to be a solution for them, or to fill a need. After numbers 1-6 above, when you get an okay to present a solution, you already got the business bro.

8) Make referrals the price of doing business with a professional like you and in two to five years you business will be done with cold-calling.


If YOU want to be good at cold calling, go to work for a telemarketing company and they will train you to help other people make a lot of money. If you want to be good at selling insurance, hire other people to pick up dog crap.

Rock on dude!"


I forgot about that dude. That is pure gold, no doubt about it.
 
If the income from the securities side wasn't as high as it is (and it's not terribly high, but covers most of my household expenses) I would walk away from it. But that also means walking away from those relationships which I'm not ready to do.

Why on Earth would you want to give up the Securities side, if for nothing more than to sell variable life and annuity products? I could understand not wanting to take the time and money, if you weren't licensed, but had a busy practice, but you're already have it.
 
Why on Earth would you want to give up the Securities side, if for nothing more than to sell variable life and annuity products? I could understand not wanting to take the time and money, if you weren't licensed, but had a busy practice, but you're already have it.

Are you registered?
 
Why on Earth would you want to give up the Securities side, if for nothing more than to sell variable life and annuity products? I could understand not wanting to take the time and money, if you weren't licensed, but had a busy practice, but you're already have it.

As I said, Medicare business makes up a big chunk of my revenue and is very easy. I don't have to have emails reviewed with insurance. I wouldn't have to have Facebook, LinkedIn, Twitter, etc reviewed by compliance. I wouldn't have to pay 3-4 times for E&O compared to the average insurance agent. I wouldn't have to have an annual review from the compliance department. I wouldn't have to pay close to $1,000 in annual fees for securities registration in a few states.

I no longer do any kind of marketing for insurance nor investments. It's all referral based. Therefore, my annual securities sales aren't huge. But my trails are decent. The only reason I EVER sales VA's is for income purposes. Today's index annuities are providing very similar income benefits so I don't think I'd miss too much in that regard. And I'm not a huge fan of VUL's.

You certainly don't have to agree with my assessment.
 
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