hey how much money can you make your life insurance agent much money can you make well let me tell you this to get you excited there are m...
so you've got the right vehicle you're in the right place I'm gonna break down how much money you can make because you can make you can be average and you can make forty to fifty K okay but no one wants to be average right you want to be a freakin rock star am I right or you can say I want to be above average and I want to make a hundred and twenty thousand dollars over the next twelve months I'm gonna show you right now how to do that and how I did that at 19 years old in college playing basketball working part time and all I did was I ran the numbers and figured out I was a captive agent I was making really low Commission but I figured out hey if I ask ten people to buy every single week if I asked in to buy everything I don't care what product you're selling in the interest business on cue for selling home and auto life and health it doesn't matter if I ask if I sit and ask ten people to buy every single week dude I'm gonna make 120 K because what happens is okay let's just say that you ask Tim and let's sell let's just say that you sell let's just say that your closing rate is at 40% when he uses an example and and you know what you could say well Cody that's bad well you know what may be bad but you may not be working leads you may be cold door knocking you may be cold calling you know everybody's different closing ratio will depend on what prospecting method you're using some will be very conservative I'll just say you got a 40% closing ratio so in that case that's four homes but let's just say that half of those homes are you sold couples so you had two of the homes you wrote two apps but then let's just say the other two you wrote four apps so in that case you're writing six policies I've got the best handwriting in the freaking world six policies per week you say well do that that's a lot like if I be if I do that 50 weeks I take two weeks off I'm writing 300
per year okay let's just say well let's just say you're selling final expense and you average you have Ridge like 600 of annual premium which is also very low that's the average size per sale so say the person space 50 bucks a month that's $600 per year of annual premium you say well Cody that's that's horrible dude I'm trying to be conservative with you I believe everyone can make this and that's why I'm showing you how right now live on camera 600 ap you say okay if I sell 300 policies times 600 dude you could say well I'm at a hundred and eighty thousand dollars of annual premium well let's just say that your Commission is not a hundred percent or let's just say that you get a nine month advance so right there you're probably looking at about depending on Commission level depending on the advanced period you're probably actually looking at bringing home about ninety to a hundred and fifty K of actual real money this this is probably low this is probably about right maybe low depending on how good at you are get making double cells in homes but at the end of the day the reason I like to look at numbers and the reason I like to break stuff down and the reason I don't like to be average and the reason I like to think big and make big targets and make big goals and take tons of action all of this comes down to one thing what is this whole equation how much you make as an
insurance agent what is the whole equation come down to it comes down to this if you ask 10 people to buy week in and week out and your deliberate and consistent about it you will be able to write your own check you'll be able to make this happen every year for the rest of your life the reason why 92% of insurance agents fail is simply that they literally average you know what the average agent does they run about two appointments a week dude so the average agent is going to see a hundred people
a year if they're lucky and you're gonna see a hundred people more than a hundred people, 120 people, every quarter you're gonna see 4050 people a month simply by seeing more people and by turning the equation on its head and getting in front of more people you're gonna be you're gonna know more you're gonna be better you're gonna be you're gonna have more skill because you can say Cody I don't have any insurance experience who cares I don't have any sales experience who cares
if you get in front of this many people you will learn what to say when to say it and what your presentation and process looks like we've got over 800 YouTube videos right now on security matters platform you can watch one of those it'll show you the presentation what to say why don't we link that below in the video in the description hey here's what you should say when you're in a moment here's the full sales presentation
here are Cody's four steps to running an insurance appointment because the end of the day agents are average or agents are average because they do not get in front of enough people you say well Cody well how do I get in front of people
well there's various ways to do it your warm market can be up quite an equation cold calling can be an equation cold door knocking can be an equation or you say well I've got I've got a little bit of money like you know I want to get in front of good solid people well then at the end of the day you need leads and that's something that we do here in our office that you can call 8:30 3:40 agent and have the best insurance leads no matter what state no matter what lead type and we'll hook you up especially life insurance Medicare final expense at the end of the day you do not want to be average this whole video is about how a life insurance agent can succeed and how much money you can expect to make well if your average you know what you should make if your average you know what you should do but the end of the day you see 10 people you'll freak and blow it up and always might make more than six figures think big have a prospecting method in a system that is duplicatable week in and week out you see well Cody I want to see ten people okay then buy 25 leads
have 25 leads to work you should set about 12 to 15 of them as appointments say well Cody I stuck on the phone well by 30 like just do more you could say well okay I said 1012 appointments that's more than 10 well they won't all immediately sit with you you won't end up seeing them all some will cancel some will porch you some will change their mind whatever at the end of the day it's all about sitting and asking 10 people to by every single week if we can help in any way I'm talking leads training coaching a one-hour strategy session a consultation free strategy session with our with our business consultants that's what we're here to do we are here to help you and we want to help if you need help you know where to find
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