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Top 7 Reasons New Insurance Agents Fail to Reach Success

Top 7 Reasons New Insurance Agents Fail to Reach Success

I would like to offer some insights as to why I believe such a high percentage of Insurance Agents fail in their first couple years in the insurance business.

There can be multiple reasons that contribute to a new insurance agents failure. Here are the most common reasons I have found that lead to failure.

  • Most Insurance Agents have a Limited product portfolio and are unable to cross sell other insurance products.
  • Agents don’t have a proven sales track or sales system to follow which most new insurance agents need to get results quickly.
  • They don’t create consistent cash flow from insurance sales quick enough and must leave the insurance business to go back to an hourly paying job just to survive.
  • New Insurance Agents start out in the insurance business with little or no reserves to fall back on. Most businesses require some upfront capital or reserves to get started.
  • A lot of agents do not get enough training (Product or Sales) to give them a fair chance of making it in the insurance business.
  • Insurance Agents are not taught effective prospecting and marketing techniques that generate a consistent flow of sales prospects.
  • Some people simply don’t have the drive, work habits, persistence, self motivation or ability to handle rejection that it’s takes to survive in an insurance sales career.

From my experience of hiring and training insurance agents over the past 23 years, I have found the following items need to be present in order to maximize a new agent’s chances for success long term in the insurance industry.

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Importance Of Ecommerce Website Design For Businesses In the Modern Era

Importance Of Ecommerce Website Design For Businesses In the Modern Era

With the increasing trend of internet and online business, eCommerce website design & development has become an important part of B2B and B2C businesses. eCommerce is the electronic trade that is carried online and eCommerce websites are the web pages through which online trading is carried on. These eCommerce stores enable the merchants and traders to carry their business around the world. There are several advantages offered by these online eCommerce stores. Some of the benefits are explained as under:

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Reasons For the Slow Growth of Entrepreneurs in India

Reasons For the Slow Growth of Entrepreneurs in India

The definition says, Entrepreneurs assemble and allocate resources including innovations, finance and business acumen in an effort to transform innovations into economic goods. The saying goes like “Take the plunge and lead the way”. An entrepreneur is definitely not afraid to take the plunge.

Why is the Indian entrepreneurship scene so grim?

There are many obstructions that ail a budding entrepreneur in India. That’s not to say that there aren’t any entrepreneurs in India. It is just that the number is of entrepreneurs springing up is not that encouraging a figure.

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How to Hire the Best SEO Company

How to Hire the Best SEO Company

In today’s competitive world, every single business man wishes to crank out additional business as well as earnings. They are ready to discover new as well as innovative solutions to increase the actual profit margin. These days, there are many solutions and marketing techniques available to market the product. However, the best way is to make use of internet marketing – the least expensive as well as trustworthy method of marketing. Without doubt, employing an established SEO company to take care of marketing is the one of the best way to promote your brand on internet.

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Easy Short Term Loans For Small Businesses

Easy Short Term Loans For Small Businesses

Let’s assume you have just started a new venture and plan to expand in the later stage. The scope of expenses is not just One Dimensional, and therefore cash flow becomes essential. The financial situation these days is a bit dicey, and starting the business venture needs money. Arranging the money from loans is possible, but it is also necessary to evaluate the reasons for securing the line of credit. The credit line should match your requirements.

Since, you are eager to acquire funds for a smaller period, one option you can consider applying is the easy Short Term loans. This credit line is convenient to obtain and can be utilised as a working capital. At least, it provides a set amount of cash that can be repaid in form of instalments. The funding at best seems perfect to tackle the small business expenses.

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Ecommerce Threats & Solutions

Ecommerce Threats & Solutions

eCommerce has forever revolutionized the way business is done. Retail has now a long way from the days of physical transactions that were time consuming and prone to errors.

However, eCommerce has unavoidably invited its share of trouble makers. As much as eCommerce simplifies transactions, it is occasionally plagued by serious concerns that jeopardize its security as a medium of exchanging money and information.

Major threats to present day eCommerce include

Breach of Security:

Money Thefts

eCommerce services are about transactions, and transactions are very largely driven by money. This attracts hackers, crackers and everyone with the knowledge of exploiting loopholes in a system. Once a kink in the armor is discovered, they feed the system(and users) with numerous bits of dubious information to extract confidential data(phishing). This is particularly dangerous as the data extracted may be that of credit card numbers, security passwords, transaction details etc.

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Ideas for a Beach Business

Ideas for a Beach Business

How many times have you thought of running a business on the beach? Maybe you have already lived near a beach and are constantly searching for simple ways to make additional income. Each year, millions and millions of holidaymaker and locals go to the beautiful beaches around the world, conveying a lot of traffic and sales to practically all business men, wherever they go, having a beach business guarantees that you will make money, only if you can offer things that tourists need.

For example, you could have your own cart or stand, or you can provide all those little things that tourists may have forgotten to bring, or even souvenirs that they can bring as a memorabilia from your country. Items such as beach towels, flip flops, aspirin, sunglasses, sunscreen and bottled waters are sold like hotcakes. Memorabilia’s like shells, key chains, and all other beaches themes or branded with the name of the beach are also selling fast.

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Why Social Media Causes Self Doubt and Anxiety & How You Can Fix It

Why Social Media Causes Self Doubt and Anxiety & How You Can Fix It

In this technological age where everyone is constantly connected through tweets, status updates, and photos, there is this crushing weight of constantly comparing the seemingly-perfect lives of those in the virtual world to our own daily reality. In our logical brain, we know that it is irrational to assume the people we see on Instagram with designer handbags and 13k followers have perfectly unblemished lives. But, we still spiral into this whirlwind of depression, anxiety, and sadness brought on by our constant comparison of our real lives to the assumed online profiles of others.

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Online Shopping Lingo: Abbreviations and Acronyms

Online Shopping Lingo: Abbreviations and Acronyms

Visiting coupon, refunding or bargain sites may, at first, seem

like visiting a foreign country. You see phrases such as:

GDA! BBW B&M BOGO on soaps, HTH

And you think WHAT? Huh? What are they talking about? What

language is THAT?

(Translation: Good Deal Alert! Bath & Body Works

brick-and-mortar store has buy-one-get-one on soaps, hope this

helps!)

I mean, it’s enough to make you want to TYHO!

(Tear Your Hair Out – I made that one up.)

Before you click away in frustration, let me reassure you that

it IS possible to speak like a native – you just need a guide to

the terminology, acronyms, abbreviations, definitions and common

word usage found on rebate and premium product lists, coupon and

online code lists, and refunding and trading forums.

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The Pension Red Alert

The Pension Red Alert

The men and women of Iron Workers Local 17 literally built Cleveland’s skyline.

If you happen to go to the Rock and Roll Hall of Fame, catch an Indians game at Progressive Field, fly into Cleveland’s airport, drive across its bridges or visit the convention center…

The members of the local union built the steel spines of all those structures and many more.

And what might they receive as thanks for a hard and dangerous job well done?

Looming cuts in their pension benefits.

Welcome to the first of many such battles in the great American pension rollback of 2017 and beyond…

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