@ClintFiore Yep I see little gangs of them in all different neighborhoods around Golden and Lakewood.
I never see them in areas they’re not supposed to be at or acting fools though.
I’m torn on this because I see the side of bringing light to it and it allowing more good to be done but I always get pulled back to the “don’t let your left hand know what your right hand is doing” Matthew 6:3 verse.
In my head we should be promoting and pushing as much donation/generosity as possible especially if it truly comes from a good spot just like what you’re doing but I can’t seem to bring it to the public’s eye.
@ClintFiore@APompliano Clint you're on Reta and at the same time went on 0 dates with your wife last month.
This simply means you've fallen out of love because the Reta.
A real life case study.
If you're wanting to start a business, read this:
Over the last decade + I have spent countless hours/days/months/years looking up business ideas to start.
I've done all of the deep diving research into industries and markets.
I've modeled out projections. Best case scenarios. Worst case scenarios.
I've started a handful of businesses.
I've ran tens of millions in sales through those businesses.
I've had the euphoric highs from a business sale you didn't even think was a thing. I've had depressing lows from business failures.
I've hired people, fired people, been scammed, stolen from, people quit to compete, on and on.
I've went through just about everything a small business operator could go through.
I've looked at buying businesses. I did buy a business. I had the sba loan. I had homes as collateral. The day after the purchase, almost half of the sales were lost due to a credit card processor not transitioning over to us.
I've had my ego hit. I've questioned myself a lot.
I've been through enough to know what I wouldn't want anyone to go through.
I know that no matter all of the terrible war stories about business, that some of us still have that piece of DNA in us that wants to do it anyways. I'm the same way.
So what I can do now is point you to where my head currently is and an opportunity I see that has huge upside.
Life insurance.
Now don't stop reading because of that. I'll make my case below then you can decide.
If you want to start a business AND you have solid sales skills, you will make a million dollars a year faster than any other business model.
The first layer is your own pen and commissions.
Our group starts out at 85% commission and carriers will pay 75% upfront and the remaining 25% the last 3 months of the first year of premium payments.
Say you sell a policy for $100/month.
Your total commission is $1200*.85= $1020. You get paid $765 the day they make their first premium (which is usually instant) and then in months 9-12 you will get the remaining $255 AND you'll get residuals every month their premium is paid.
How do you get business? Well the interesting thing about this industry are the lead aggregators you can purchase leads from.
I know, it's a strange concept that I didn't understand at first.
You can buy say 500 leads for $2/each and you'll get 5-10 sales from those leads over time as you work them.
Average policy is that $100/month so on $1000 lead spend you'll net back $4k-$9k (rough math). 25% of deals you sell will cancel (charge back) so you have to account for that.
The next layer of this model is that you can recruit people to sell under you and you make commission off of their deals.
Not to get too granual, but you can increase your comp over time so that 85% can get to 135%+ and the difference in your comp and your reps' comp is what you get paid on.
So now let's say you're at 135% comp and you have a team of 10 guys writing $20k/month at 95% comp.
You'll make 200k*.40= $80k just from your team. Not including what you sell yourself.
And on and on.
I instantly went to pyramid scheme, and it is very much structured like an MLM (let's call a spade a spade) but where this is different than most PS's, is this is a legitimate product being sold.
We are selling LIFE INSURANCE for 100+ year old companies.
This isn't flavored water designed to make you younger like we normally think of for PS's.
Now for the startup cost and up front risk
This is the biggest thing especially for people starting their own business.
Buy yourself a good headset ($100) and hopefully you have a laptop.
That's it.
You're licensing for the state your in is free.
You'll get free leads for 8 weeks to hit the ground running.
You'll have access to scripts that have been used to sell $1B+ of insurance.
It's literally the best startup, business, franchise, opportunity I've seen available.
If you're looking just to start a business but don't know what route to go, then do this.
If you have background in an industry and want to get in business in that industry, I'm all for that.
But don't just get into a business you have no experience in just to own a business. Let me save you.
Any questions feel free to reach out.
Peace
Some sales done in the last hour.
Commission payouts will range from $510 to $1989. Paid within days/weeks.
All done over the phone.
All from leads purchased online.
If you’re a sales person I’ve never seen a better opportunity where you can sit either at home or in an office with the crew and make $20-$50k/month.
Going from home services to life insurance.
I've spent a majority of the last decade in the home service space.
Owned a countertop company and currently own a roofing/solar company.
Exited the countertop company and the roofing company does well.
But both are local businesses.
I was recently introduced to life insurance and my brain went in a million different directions.
If you're licensed in every state, you can sell policies across the US from your home office. No need to go to homes to sell this.
You are paid by carriers within a few days of the first premium payment and the commissions go from 85-140% of the first year of premiums! That's insane.
The industry mainly operates by agents buying leads and calling them for 10-12 hours a day.
I witness kids 18-22 making $1k+ day regularly. It's insane.
The business model is to recruit more agents and get a cut off of their sales. (Say my commission is 140% and the new agent is 85%, i'll make the 55% difference on them).
Industry turnover is high (80-90%).
If you've ever had sales reps, you already know.
Almost noone is trying to build something where clients come to them. The money can be great in doing this normal approach, but that's not what I want to be doing all day every day.
I'm going to build something where people come to me.
Instead of hiring agents and turning them loose to where they will most likely fail, I only want to bring in people when I'm too busy and they have deals handed to them. That way I can hire people with great character and not just people trying to push products that pay the highest commissions even though it may not be best for a client.
I see potential here, now I'm just working on flipping the industry norm upside down.
Updates to come.
Bad news
I asked Claude to “Increase Conversions from past customers” but it autocorrected to “Increase Confessions from past customers”.
Good news
I now have some interesting data on 5,000 customers so looks like I’ll be getting a lot of 5 star reviews in the near future!
A 25-year-old can lock in $1M of 30-year term for $65/month.
Best case:
He lives and “loses” $23,400 over 30 years.
Worst case:
God forbid he passes away, his family gets $1,000,000.
That’s the cheapest asymmetric downside hedge most people will ever see.
Is it crazy or selfish not to have something in place?
She ends up getting a job.
They lose the house because they can’t maintain their past lifestyle.
She sees the kids less because she’s now the sole provider of the household.
Life insurance exists to keep these situations from happening so tragically.
Jimmy owns a successful roofing company. He nets $500k/year.
Has a beautiful family. Stay at home wife and 2 amazing kiddos, 4 and 9 years old.
One day, Jimmy gets in a wreck and never makes it home.
The family is devastated.
To make matters worse…
Jimmy had no succession setup with his business. He ran it all himself.
His wife had no clue how to run the company.
The business shuts down.
The money stops almost instantly.
His wife now has to worry about how to pay the bills and raise the kids while mourning..