Skip to content
Scieron

Scieron

Health know-how

Primary Menu
  • Medical Treatment
  • Fitness Equipment
  • Medical Insurance
  • Medical Assistant
  • Medical Supplies
  • Dental Clinic
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Home
  • Health Insurance Is the Next Real Estate for Entrepreneurs
  • Medical Insurance

Health Insurance Is the Next Real Estate for Entrepreneurs

By Melody G. Gillette 3 years ago

[ad_1]

Entrepreneurship is simply inserting risk between yourself and your profit goals. Having a job is risky enough. I heard Mark Cuban say having a job is like being self-employed with one client. I loved that, but back to the risk. If risk is between yourself and your profit goal, then surely the most pure form of individual entrepreneurship is being a commission-only sales person. Real estate has long been a highly sought out commission-only sales opportunity, and it is probably followed by “Financial Services.”

Boy, do I hate the term “Financial Services.” Everyone thinks of financial advisor, banker and life insurance at best. No one thinks of health insurance and Medicare, meanwhile businesses have stood up seemingly overnight to distribute massive amounts of health insurance and create billion dollar empires.

Related: Is Health Insurance the Next Real Estate in Terms of Investment?

Let’s take a look at the landscape of health insurance so you can understand what target audience I am referencing:

These are all sellable health insurance products with handsome lifetime values. Now, unlike real estate, life insurance and annuity commissions, there is a commission tied to long term happiness of the client. It isn’t a lump sum, “bye, see ya later,” type of deal. We love that aspect of it. We even sell with it. 

“Mrs. Jones, the products we sell are only profitable for us if we are able to keep you for a client for quite some time. So, it is in my best interest to place you and keep you where you want to be.”

It’s beautiful and how all sales should be. It is also the reason many who can’t see past their toes don’t get into the space. They want the fast money, but the long-term money is always bigger than the fast money. The opportunity is also much greater. 

With 11,000 a day turning 65 years old in the United States and many other variables leading to exodus of group plans into individual health, we have seen some amazing years in this industry. The residual side of it has allowed us to build a huge business that is extremely solvent. 

So, why is it considered the new real estate, though. Why is it perhaps more of an equalizer than real estate?

We have a nation that is a melting pot of cultures. Many of those cultures are not as far along in passing down generational wealth. Certain demographics might have an easier time in real estate than others, since their circle may already have money to spend on lavish or larger real estate. 

Health insurance is literally the opposite. People who are able to establish a standard for taking care of the least wealthy individuals in our nation are able to make the most money. Both in the Black and Latino markets, we have seen entrepreneurs enter this marketplace and have huge wins taking care of a market that may be warmer to them. They’ve built huge businesses. I’m in no way saying that it could not have been done in real estate, but that same market they were able to tap would not have been commonly buying expensive properties to make large commissions on. 

Related: How Small-Business Owners Can Win the Health Insurance Game


Technology, starting with the telephone and ending most recently with rapid video transition social media, has led to more opportunity for people who didn’t come from wealth. I would argue, though, that the level of opportunity involved with those who take the bull by the horns in health insurance and medicare is of greater magnitude to them than even those massive technological advances have had on their average benefactor. 

Copyright 2022 Entrepreneur.com Inc., All rights reserved

This article originally appeared on entrepreneur.com

[ad_2]

Source link

Tags: Andes Health Mart Store Number, Ar Health Clinic, Article About Oral Health, Burden Of Health Disease Pdf, Communication In Global Health Innovations, Denver Metro Health Std Clinic, Dept Of Health Provider Search, Emory Health System Family, Family Health Associates Dr Earl, Family Health Center Labs, Highmark Health Ratings, Home Health Hiring Flyer, Honor Health Cigna, Horizon Health Brighton, How Obesity Affects Community Health, Hunion Health Chicago, Indeed North American Mental Health, Kings View Mental Health Affiliates, Laramie Reproductive Health Rainbow Run, Latino Perception Of Health, Links Health And Human Services, List Of Cheese Health, Memorial Health Care Center Endocrinology, Metro Health Foundation Facebook, Nerium Eht Brain Health Supplement, Nku Health Counseling And Prevention, Nvq Level 2 Mental Health, Odu Student Health Services Prices, Poultry Health Mucous In Droppings, Pre-Health Classes Uf, Premium Value Health Savings Account, Priya John Bombay Health Research, Professor Public Opinion Health Care, Programs That Offer Health Coaches, Prominence Health Plan Leadership, Prostitutes And Health, Public Health Bloomfield Iowa, Texas Health Family Care 410, Together Health Lake Mary, Tower Hill Uf Health Zaidi, Traditional Dance Teachers Mental Health, Trans Health Conference Philadelphia 2016, Unskilled Home Health Care Denver, Uo Masters Mental Health Counseling, Upland Hills Health Foundation Board, Urban Bee Hives Health, Walker Whitman Public Health, Wheeler'S Ranch Health Harmony Festival, Women'S Health Choice Nottingham Way, Www.Manet Community Health Center

Continue Reading

Previous Venom 2: ‘Let There Be Carnage’ movie biggest US opening of the pandemic
Next A dozen tips for better Google Search results
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    

Archives

Categories

  • Dental Clinic
  • Entertainment
  • Fitness Equipment
  • Health
  • Healthy Live
  • Medical Assistant
  • Medical Center
  • Medical Insurance
  • Medical Supplies
  • Medical Treatment
  • Property
  • Real Estate
  • sales
  • Skin Care

Recent Posts

  • Top Benefits of Using CBD for Cats in Daily Wellness
  • The Dive Bomb Industries Difference: Hunting Gear You Can Rely On
  • Neutralize, Rebalance, Revitalize: The Alkaline Water Advantage for Optimal Wellness
  • Is CBD Safe for Pets? What Every Pet Owner Should Know
  • Beyond the Abyss: How Rehab Centers Pave the Road to a Life Reclaimed

fiverr

Fiverr Logo

Tags

6 Day Workout Tiget Fitness 24 Hour Fitness Hr Email 24hr Fitness 1 Day Pass Aparelhos Life Fitness Bishkek Kyrgyzstan Fitness Competition 2016 Booty Porn Fitness Muscle Big Daily Fitness For Duty Test Dan Hannum Fitness Factors In Physical Fitness health healthy Healthy Fitness Advertisements Healthy Fitness Zon For Mile How To Workout Planet Fitness Johnson And Johnson Fitness Staffing Julia Body Faction Fitness Club Melissa La Fitness Body Combat Military Fitness Testing Miss Universe Fitness Model Montvale Training Fitness Moon Now Fitness Tracker Morepro X Core Fitness Tracker Orangetheory Fitness Nick Peak Fitness Davidson Nc Pearl Barley Fitness Physical Fitness Meribadge Class Diadactic Planet Fitness 1 Cent Sale Planet Fitness Beebe Planet Fitness Commercial Rich Piana Planet Fitness Courtland Avenue Planet Fitness Hickory Hills Il Planet Fitness Huntington Beach California Planet Fitness In Williamsport Pa Planet Fitness Jackson Reviews Planet Fitness Katelab&Euvlid Planet Fitness Mchenry Opening Date Planet Fitness Near 85044 Planet Fitness Pacific Highway Planet Fitness Pomona Grand Opening Planet Fitness Shreveport Locations Planet Fitness Stock Opffering Plantet Fitness Didnt Pay Prenatal Fitness Chicago Sascha Fitness Feet Scalar And Vector Fitness
ironvia
bitsynced
scieron.com | Magazine 7 by AF themes.

WhatsApp us