How would you use a $100,000 lump sum of capital in order to grow your business?
I would use it to help defray the costs associated with bringing a younger agent – which I would hire – into my business to help with succession planning for my client base. I would view it as venture capital for expansion.
Read more from Mickey
What advice would you offer to agents during this recession?
Contact your current clients today. Everybody wants to contact clients when their portfolio is up, but the trick is to call when it’s down. This shows…
Read more from Michael
As an insurance agent, what are your biggest concerns right now?
The uncertainty of a government-run healthcare system as well as our current unstable economy concerns me personally and for other independent agents, but so far it hasn’t had a negative impact on my business.
Read more from Paul
How have you been able to accelerate your future and meet your goals despite the economy?
My goal was to expand my business by opening a fourth location. Being able to test all markets in Florida would help me determine where the pull comes from on the consumer side and where we can recruit agents and clients…
Read more from Hani
How have you been able to overcome obstacles in today’s economy?
I simply tell my referrals I’ll call them back when the economy settles down and try to keep an ongoing relationship with them during the tough times. Since the insurance industry uncertainties are out of my hands, I’ve decided to focus on a new venture for income, while still servicing my current clients.
Read more from Gary
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