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Welcome back to another conversation
regarding business and and information
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We're still aiming for our goal.
Truly
It's in the life insurance industry.
I mentioned I mentioned I might find a
legit business
and the clarity is
and sales is
big result of sales
is as old as you are old as you are old
as you are
from the greatest sales people was
So, I'm going to decide to go to see him
and I'm going to have a conversation.
So,
and let's take conversation from there.
So, call him with the loser and
So, what is the chemical nature of truly
angle?
I've been in the sales business since
2009, which is 17 years but
second generation. My daughter is going
in the insurance for over 40 years.
some are successful
Yeah, makes it.
What's up, beautiful
beautiful [clears throat]
So, you have done a good job and what is
the plan? The rest is history.
So, it started in 2009
>> [clears throat]
>> side question So, the economy has this
is going to go
Don't think in the financial market
advice. That's the economy has up and
down. And we just stay business.
global business
global business Yeah.
the best year best year
>> [snorts]
>> Exactly. So, when you think 2009
And I give this a thing
>> [clears throat]
>> Stay with me. A lot of them in the stock
market.
Then also in the real estate crash.
I had real estate fire in the like the
like the like
Yeah, but it was never easy.
It was never like this
It's like a product
But when the business I have been in has
been easy so
Let's go on to the sales part.
As we call it call it my introduction. I
might be from the top leaders of sales
people
People who are in the middle age
business business to business related
And if you say this is the sales of
people
So, honest
a man has to be in the mindset. Yeah,
everything starts with the mind.
I'm going to give you a detail to do a
product and a service
a phone that the phone is ringing
I'm going to take a service.
service accountants, lawyers, doctors
anything mortgage broker I can give you
service of anything
a policy from a company
whatever he provide and he get
Yes, in the service business can strafe
in in either industries
is a top accountant
What what makes him
Yes.
What it boils down to is knowledge and
experience.
I trust a man
That was obviously
right away to the days and days and days
And you feel it.
I was well experienced. I had a
knowledge and you trust him I would not
trust.
I mentioned in the business and services
but this is sitting is over on the
knowledge and experience. Now, okay.
Knowledge is is either sales or it's
sales.
I I I really like the sales people. I
mentioned came on to this money industry
to another industry. How how do I make
it to the top? It's either you do
as the
This is from a man who has a lot of
sales in the shoulders from my meetings.
It's a short sales conversation.
Of course. It's a part of the
conversation but
I would say in my insurance I have
knowledge and experience. When when what
I can share with you and him I was going
to tell you in the insurance that you
know okay, that's my I trust him and I
would do it so and
So, when a man is in the service
business is that over on You have to
change your mindset and your experience.
The issue is that isn't and you can't
share over the the knowledge. That's
learning that I can do a
a word.
As most sales sales people only want to
know enough to make the sale. That's
like A business owner wants to know
everything.
When you sit with a with a client
That's the niche I would pack in 100% of
the knowledge. You can only use 5% of
what you know but the client has to be
convinced that you know the other 95%.
So, when a man comes to another business
and I advise what my goal is. My goal is
to own a business.
And I will be an expert in what I can
mean. I can ask you a question. I will
be an expert.
I will tell you something I must have
think about the same thing I said before
I used in business.
80 I did something 15 meetings to
acquire my term policy.
I will be last, right? No, I will be
last. Always always Dear client, you
don't have to make a lot of experience.
Putting in the master master you got a
fatty this is going to be a second
company.
And I would say
the fatty is not okay.
I make the number but around 50
meetings.
inside out
I can do the sales thing and I have it
because I know it.
Yes, those are the things I can do in
the market state planning.
48 years old
mansion and we have next conversation
mansion keep me in life insurance
life insurance
life insurance is
the statement this is this is life
insurance.
This is side of the story but
It's much deeper the iceberg. You only
see the the the the the You only see the
top of an iceberg. Does that make sense?
>> No, life insurance is a word. What the
word is cash at that. This is what sales
I mentioned you do get the rank cash.
Do you get the
exact details to do a man who is in
business a man who has a from a man
who has a boss um has obligations loans
in the story
and
And there's the beneficiary So, yeah.
on the policy whatever are the cases but
Guys that I'm talking to the point that
I can only just mention and expert
rather hand over RSK
But I came around and
life insurance versus S&P 500 It's a
total different
I was actually initially totally
different also.
It's a total different Oh, it's a total
different investment to do life
insurance, yes.
That is easy to feel the ones
Yeah.
Life insurance is a tool.
Yeah. It's a It's a sugar in a financial
tool.
Yeah.
I know touch my nose a lot of times.
SBA loans
The point for life insurance
life after a money after that
So what should we do as
Um um protection to say that is a
in between. Others
in
I've got many times the service and then
the um
This always the legit office of life
insurance.
Okay, so the next question I was going
to ask today but the
point
as
um
as
I'm pretty good in my book of business.
I get some dollars out of the dust. I I
just moved it out to music to make us
90% of the time but if I could find it
and let's say I put it in our policy.
That's the That's the purpose of the
insurance. So you can mind I disagree.
100% of the time.
do as well It's exciting as all get out
whatever
It's again
The purpose of the product is life
insurance. Then we look at the product
life insurance is
cash at death in in in in questions
Life insurance has life insurance. What
insurance means worst case scenario.
the worst case but only kind of flowers
is 10 20,000 big deal.
10,000
Okay.
Um
Good people y'all.
Yeah. So no.
Insurance is a big worst case scenario.
So that is a one And again I'm not
against them in the conversation and I
have a feeling the conversation
But it's a nice way to like the
arguments and all this.
And for them is
Any minute scenario
Don't take them to business.
No life insurance
Life insurance is out. in the 20 years
1950s,
yeah.
1950s in 2010 let's say
our guy in the service industry 50 years
It's not 70 years today. 18,000 Yeah.
18 1800s 181870s
the system
The system is always there.
market stock market up and down
Insurance is a tool.
Amazon but but but since 2000 The
concept of food 2000 is a stock market.
>> [snorts]
>> The business part
business part So
They sent somebody different to seize
the insurance. I'm going to sell people
even
more about a concept with When I have
this everything changes. It might be
till the end of the year with the
mindset.
Um When I mention a salesman Let's call
ourselves a salesman.
especially in the service business
You can call yourself a salesman.
potential manager of America or
something.
You can call yourself a manager a
business owner.
Yes. The difference between
a salesman and a business owner
So
A sales person only wants to know enough
to make the sale.
You can call yourself a short term
versus long term.
over my own business for long term and
all of that kind of stuff.
The business model is like it. No other
side.
Make sure that the man gets my client
that they trust me
the path for me to build my business
versus if I quote a product.
So this
It's It's a different
side side side of the side of the thing.
The goal is
the main different The difference is
between short term and long term. A
sales person is very very focused on
short
And a business owner is very focused on
long term. Two businesses was looking at
the goal from the year that I started to
2030 2035.
And in in what do we do
um
opportunities
the business
The sales condition I can't qualify for.
My meeting is going to end it, yeah. I
was really going to ask you to say I'm
done.
Yes, this is from damage obviously not
as well as I can
over
The first man He's probably missing
opportunity
That's more of the short minded
I trust him in
I think
but
Most of my greatest sales
get the client that I can
That's part of my business is going to
service anything that I can
Anything that I had to calm down and
thought this is going to be natural.
So
So basically the concept
as the reason why you are successful
can be the success game
I wish I wish you the best.
>> I I lost you.
You made
The reason
I lost
is cuz you're not looking at the rate.
I don't know what style seat.
And
cuz I'm
They was
cuz you don't need to cover your That's
a
This is
At some point I
It was
the question. These are the punchlines.
The punchline as when a mensch gets on a
profession. When you get a doctor's
The mensch the mindset is Guys, for 10
years struggling.
Yeah.
They they mentioned by That's the
for years
I don't know.
It doesn't
I don't know.
with residents
from doing what
I used Okay. Obviously
I don't know.
Yeah. It was a mensch
enjoyed
The guy said
You can't
The guy said
The guy
You don't like my And so
The guy said
How was How was that?
It's the wrong business.
The guy said
just is just not enjoy helping people.
They live in a That was a
beautiful business.
I don't
So
the The doctor advised The guy
The guy said the same We don't
This is my
the
I don't know.
I said The guy The guy
It's going to be the next year
I don't know.
precious
The second
So The guy telling about the sales
people.
The
20 too. I agree.
I don't know.
This is
The guy
The guy said
select The guy
Cuz I
I don't
I don't a seat
and
Number two
You can't be here to sell now. Cuz if
you're going to come in to sell now
That's the thing. 100%. This one is
you're you're you're you're losing.
This is
I know they're desperate.
This is how agents are
You can't feel desperate now.
But
mensch
get the clients because they were
desperate.
So The guy
the sale but you're losing a client for
life.
So
I don't
from the sale
servicing
whatever needs to be done.
I don't know. servicing
I don't
The guy
I'm happy.
But
of service
The guy The guy the premium
Anything else that we want to discuss
today? You have any other So much.
Thank you.
No.
So now I'm going to move.
After ask me questions
the details from business
the service
versus my
They It's going
>> [laughter]
>> I don't I don't
I don't know. What have you got?
And
elaborate
I don't The mensch
And
They can
I don't
I don't know what I mentioned.
And They The guy The guy
I don't
Yes.
The point is
as I don't know.
I don't
It's not impossible
Any issue
The guy experience I don't believe in
experience.
The advice is
as
Wow. This is out of the ordinary.
So
Um
The guy said
I don't
I don't know.
I don't
all policies Okay.
versus I don't
I don't know what you can. I don't
I don't policy
kind
policy There's no There's no good reason
to do something. versus do I don't know
what to say.
I don't know what to in a way It's kind
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I don't know what this sales
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say. I don't know. full of
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>> So,
So, this is with the business left.
And all that and then you do please
like, comment, subscribe.
Who's that good guy?
And
And I can make it in the fifth I'm
meeting. Yeah.
>> [music and bell]