The insurance niche offers a wide range of opportunities for people who are looking for a dynamic and challenging career. It’s also a wonderful chance to start building your own business and work on your own terms. Still, before becoming a broker, one needs to follow a specific set of short-term courses and gain experience in working with both insurance companies and customers. There’s also a series of tests to prove you have the necessary knowledge to work in this business. So, if you are interested in starting a business in the insurance niche, below are some of the most important steps to follow and things you need to know. Broker vs. Agent People who are not savvy in this domain don’t exactly differentiate between agent and broker. Still, as someone who is interested in building a career in the world of insurance, it’s important to know which path you want to take. As such, an agent works and represents only one insurance company and can become an expert on the produ...
“ Honesty is a very expensive gift. Do not expect it to come from cheap people .” –Warren Buffet There has never been any doubt that succeeding in real estate takes hard work, determination and commitment. It is not some get rich quick scheme as some have been misled to believe. It takes laborious work to see any real results and unfortunately, not all individuals in the industry are prepared for that kind of dedication just to succeed. Resultantly, some would give up with the belief that they are not cut out for that kind of line of work while the rest would resort to sleazy machinations just to guarantee a sale. From there, all sorts of scams and fraudulent schemes are cooked up and it is unfortunate that there are investors (especially novices and first-timers) who would be none the wiser and would buy into the scam. No doubt, the real estate industry is a sector that can be extremely profitable. But as it was stressed above, it requires hard work and unfort...