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Feature Article - Six Simple Keys To Closing '9 Out Of 10' Life Insurance (Or Annuity) Sales!

Improve your attitude - Earl Nightingale - Directline 22 - Why You Need A Sense Of Humor!

Become Their Trusted Advisor - Your Personality Makes The Difference Between You & All Others!

Coaches Corner - It’s All in the Follow-Up…

What Do The Top Producers Know That You Don't...

Six Simple Keys To Closing '9 Out Of 10'
Life Insurance Sales! (or Annuity) Sales!

Dear ~Contact.FirstName~,

When I was full time in personal life insurance and annuity sales in the early 80's, I was consistently closing about nine out of every ten people I sat down with. And, my lapse rate was less then 5%.

It wasn't because I was a high-pressure salesman. And, it wasn't because I knew all the latest 101 closing techniques. In fact my normal closing question was... "What Do You Think?"

The reason for my success in closing life insurance and annuity sales wasn't because I was a natural born salesman. I wasn't very outgoing. In fact I was very shy. And I didn't have the gift of gab. During most of my first year, I was so nervous I puked before going out on a sales call.

Although I didn't realize it at the time, the reason I was able to close 9 out of 10 sales was because I had stumbled upon these six simple keys...

Brian Tracy Quote

1. I was always in front of the 'Right' prospects.
It's actually extremely easy to close 9 out of 10 sales, if you focus on getting in front of the right people. Too many agents use the shotgun approach and will set appointments with anyone who fogs a mirror. Success in sales is all about your marketing. You need to attract the right people to you. The people you have the best chance of selling! All of your marketing should be about solving a specific immediate problem, for a specific group of people. My marketing message was all about… helping middle-income families to maximize their eligibility to qualify for free financial aide for college.
 

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"The Reason So Many Advisors Struggle In This Business, Isn't From A Lack Of Qualified Leads,
It Is From Their Inability To Turn Their Leads Into An Appointment, Let Alone A Sale."

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2. I asked a lot of questions and really listened to what the prospect WANTED.

You have to conduct a good thorough fact-finding interview with everyone you sit down with. You need to get the prospect emotionally involved in solving their problem(s) so they want to take action. People don't buy what they need! They buy what they want! As an example I know I NEED to lose weight, however until I WANT to lose weight, will I lose any weight? Being shy and not having the gift of gab, it was much easier for me to ask questions and then just sit back, listen to them, and then ask more questions.

3. I always looked for the easiest way to make the prospect a client.
If you want to start closing 9 out of 10 sales, you must decide what's the easiest way to make your prospect a client. Decide what's the first and easiest problem you can solve for them. You don't try to solve all of their problems right then. It's generally too overwhelming for the prospect. You can and will make more sales later. Remember, it's easier to sell a client (Someone who has already bought from you) than it is to sell a prospect. Make them a client first. In my first year I didn't know much, so I was forced to keep it real simple. It worked, so I've kept it simple ever since.
 

Lew Nason Quote


4. I used a simple two-page summary presentation.

If you want to close 9 out of 10 sales, then make it easy for people to buy from you. Use a simple two or three page presentation that shows them in 'black and white' where they will be in 10, 20 or 30 years, if they keep doing what they are doing. Then you'll want to compare it to where they will be if they follow your recommendations. And, you must help them to find the money. Because I was so shy and not a talker, I had trouble explaining why they should follow my recommendations. The simple two-page presentation gave me a track to run on. It made it easy for me to explain. And best of all, it made it simple for the prospect to understand. It made the presentation a common sense close!

Closing 9 out of 10 people you sit down with is not hard. Over the past 30 plus years, using the above techniques we’ve help many agents go from closing 1 out of 3 to consistently closing 9 out of 10 sales. But it's only the agents who really wanted to learn and were not just looking for a magic key or quick fix.
 

FREE Download... How to ‘Close 9 Out Of 10’ Life Insurance Sales

"The Reason So Many Advisors Struggle In This Business, Isn't From A Lack Of Qualified Leads,
It Is From Their Inability To Turn Their Leads Into An Appointment, Let Alone A Sale."

Download this free report now, because you will be amazed at how quickly you can increase your
Life Insurance appointments, sales and commissions, by reading this detailed report.


Here are the last two simple but very critical keys that I learned…

5. As Zig Ziglar will tell you… “If you write and speak at a sixth grade level, then even college professors will understand you.”

6. Be yourself. Don’t try to impress people. And don’t use technical jargon! If you confuse people, or if they feel intimidated, then why should they buy from you?

Put the above six simple keys into practice and you too can be closing 9 out of 10 people you sit down with!

Lew Nason
Trainer, Coach & Mentor
'The 9 Out Of 10 Guy'

__________________

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"Lew & Jeremy - First off, I wanted to say THANK YOU. I am just at the tip of the iceberg of potential and have a lot of bad habits to 'wash out' and work on new good habits everyday. I have been following IPS for years and have bought a few of your systems over that time. Things really didn't click, or I ignored your wisdom, most likely the latter, but as financial professionals we owe it to our clients and ourselves to become that - professionals. I believe EVERYONE should buy your fact finding DVD's at a minimum. This is the foundation for working with a potential client, asking questions in order to get them to realize they have problems (some that they may not know about previously), understand those problems simply and how you can help their problems with simple solutions without discussing product. I now know when I exit my initial meeting if I did a good job of asking questions and getting the potential client to buy into concepts. If I didn't do a good job, I know what I need to work on as well. Just by getting down to the fundamentals, I have added two clients in the past two weeks with over $25k in annual life premium + $100k-200k rollover funds. This is not even discussing the other appointments I have set in the next two weeks. I have been recommending you to other agents I know who are having similar issues. Thanks Lew and Jeremy! You guys are great!
Mike Spence
, President of Wealth Building Methods, LLC - MN

Improve Your Attitude And You Can Change Your World!

Earl Nightingale - Directline 22

Why You Need A Sense Of Humor! Six Qualities of a Sense of Humor... Flexibility, Spontaneity, Unconventionality, Shrewdness, Playfulness and Humility!    

  Earl Nightingale Directline... Click Here To Watch This Video

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Brian Tracy Quote

Judge Us By The Company We Keep

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How To Become The Most 'Trusted Advisor'
In Your Local Community!

 YOUR UNIQUE DIFFERENCE!

Your Personality Makes The Difference
Between You And All Others

By Alan W. Altmann

Examine, with me, the personalities of four of the most liked, most respected, most influential, and most successful men in the insurance world, all of whom also earned an enormous body of good will among fellow agents, planners, and advisers, during their careers. These are all incredible men, and it is obvious that each built upon his natural talents and personality, -- and become unique, -- and you can do the same! Each made the most of what he had to work with.

I selected these four legendary figures from among the many respected professionals who have positively affected the insurance and financial services profession. All of these four gave something back. Universal agreement confirms that these four icons are authentic super-achievers, whose lasting influence and infinite inspiration remains indisputable and has changed your profession.

Each began struggling, but allowed his natural gifts and real self to prevail. Each was considered hopeless in the beginning. I had the good fortune of meeting and knowing all four of these great men and allowed their influence to soak in. In common they all had the qualities of being approachable, unassuming, and unpretentious. You can use whatever is unique, special, and precious about you. None of these people “found themselves.” They each “created themselves.” Again, you can do the same!

Consider Ben Feldman
For One More Time

Like Lew Nason at the Insurance Pro Shop®, since my youth I have been researching Ben Feldman because of his magnificent record-breaking insurance sales success against impossible odds. I was one of the founders of The Feldman Society. Feldman is possibly the most studied agent of all time.

Feldman’s great success can be attributed to his simple personality and his insistence on “keeping all things simple.” He simplified everything he was involved with. He was short, stuttered, and looked like “… one of the three stooges.” Before attempting to sell insurance he had a hen house behind his modest frame home and he went door-to-door in a small town, selling eggs. Jeremy Nason of the Insurance Pro Shop® insist, “The Ben Feldman story is totally unbelievable. Yet Feldman became the greatest insurance sales agent of all time!”

Feldman was simple, affable, and acted unimportant. He was clean and neat but not especially well dressed. He was constantly hounded for his sales secrets and he also kept his answers simple and elementary. “See the people.” “Attract attention to yourself.” “Make it easy to understand for them.” “Enable them to quickly see the benefits for themselves.” “Don’t be fast to give-up for good. Try again another time.” It has often been reported that Feldman’s eyes could mesmerize anyone. To this claim Feldman always insisted, “There is nothing at all special about my eyes.”
 

Ben Feldman Quote

 

Ben Feldman (1912-93) embodied the now often abused KISS principle (Keep It Simple, Stupid!) with an uncanny ability to tap powerful emotions that were embedded inside his prospects. From a shy egg salesman he reached the pinnacle of big time insurance sales persuasiveness. Ben started by taking a very complex product, life insurance, and making this subject very simple for his customers. He did the same for the small business owner who had to cover much larger needs. Feldman even used confusing IRS tax tables in an uncomplicated way and he tapped into the average prospect’s dread and disgust for the IRS.

During his productive years he was the world’s leading insurance salesman, often selling more than the entire combined sales force of some insurance companies. His importance is not only that spectacular sales achievement, but his powerful sales techniques matched to and aided by his personality. His techniques live on today and are used by successful agents around the globe, many of whom do not realize that their achievements and livelihood are largely due to this “little stuttering man” with the pleasant personality, who sold insurance in East Liverpool, Ohio.

How Wally Cato Does It

This guy is not even an agent, planner, or financial advisor. Like Loren Dunton, the founder of financial planning, Forrest Wallace Cato has never sold one single product. Cato rose-up to become the top editor of two of our industry’s biggest and most respected magazines, Trusts & Estates and Financial Planning. He was possibly the only financial magazine editor to ever make calls with agents. As a journalist and editor, he demonstrated a knack for getting to talk with Presidents of the United States and other famous diverse celebrities like Warren Buffett, Bill Gates, Ted Turner, people in prison for financial crimes, war criminals, movie stars, and others.

Then Cato became the premier image ‘creator’ and promoter for attorneys who became famous. Later Cato added financial professionals who became successful and industry leaders. Cato still represents far more lawyers than agents or planners. He places clients on TV programs like Good Morning America, and The Today Show, ghosts books that are legitimately published, schedules photo opportunities on Air Force One, books MDRT speakers, etc. Cato is opinionated, autocratic, impatient, challenging, and often scolds his clients and followers, all in an attempt to drag, pull, or push them into greater success -- and they love him for this! He produced the best-selling course How You Can Become Famous Where You Are, highly used by leading attorneys and bank trust departments.

Cato Can Help You To Become Famous In Your Community

Branding Articles in Magazines By Wally Cato


Cato often makes it clear that he expects more and better from average performers and believes they are quite capable -- but unlike the typical pushy and ever-demanding sales manager he is not intensely disliked. How does Cato accomplish this? I am convinced that it is all due to his honest personality and his “no nonsense” and “to the point” ways.

He believes the only way to acknowledge the value of a human is with compassion and devoted attention. A touch, a nod, a greeting, tight eye contact, an occasional helping hand, and a smile for someone, anyone, everyone, whether Cato thinks they need it or not, enables him to lift others individually and collectively. He is quick to credit other people. He says, “I learned from the best.

Comfortable at revealing his doubts or exposing his insecurities, Cato asks for your thoughts and opinions, without considering this a weakness. Wally once told me, “One’s value has nothing to do with his or her current economic status or social standing. It is simply the ability to relate to members of our tribe and their individual human condition. We simply have to open ourselves to this.

Reexamine “The Great Mehdi”

His personality is the personification of a low-key and soft spoken gentleman. Mehdi Fakharzadeh is the MDRT sales hero with influence that prevails internationally. Often he seems like he is from another era. In our age when too many sales people are loud, pushy, and brash, he remains the perennially well-dressed, dignified, and unthreatening personality, always calm.

Mister Mehdi” has proven that despite major handicaps of birth and language, enormous sales success may be waiting for anyone who can truly focus on the delivery of service to help clients. As a poor Iranian immigrant to the US in 1948 he mastered the skills of “service first then the sale.” His personal production skyrocketed, making him the all-time leader in the number one company (Met Life). Everyone expected him to fail as an agent on commission only. Then everyone was quickly amazed, shocked, and full of disbelief, at the huge numbers he quickly produced as an inexperienced amateur. To this day he remains one of our industry’s few true super-stars!

Mr. Mehdi at the Trusted Advisor Success Training

He originated a unique approach to business insurance that his company now calls “Mehdi’s Plan.” Mehdi freely gives his sales knowledge and more to all agents and advisors everywhere. Still leading the company at the age of ninety-three, Mehdi is a beloved human dynamo of enthusiasm. He continues to routinely drive in New York City or New Jersey traffic, and flies around the world by himself.

He is an inspiration to insurance agents and financial planners internationally – and a star with drawing power at conventions and educational forums world-wide. He has appeared at the Insurance Pro Shop®. When “Mister Mehdi” speaks, each individual in his audience, be it in China, Hong Kong, Japan, or elsewhere, is glued to his beguiling eyes and captivated by his embracing personality.

Another Look at the Acclaimed
Norman G. (“Action”) Levine

His nickname resulted because he is well known for taking action without delay. His personality is defined by his passion and his analytical mind. He is also reputed to have “piercing eyes.” But Norm Levine disclaims this. “I just kept my eyes on the prospects and listened carefully.” This key MDRT leader and national sales star, now retired, remains sensitive to the superficiality of most human encounters. He says “A connection is not always established simply by meeting someone. You fail if you do not connect.

Levine built more successful large insurance agencies, on two coasts, than any other person in history.

Norman Levine mastered difficult transitions. From a highly successful agent he became a unit leader and then one of the few great agency managers. Forces beyond his control required him to leave New York City for San Francisco and start all over, in a new town, a different market, and with another company. Here he again quickly rose to the top in the nation.
 

Norman G. Levine


Then problems with his second insurance company, again beyond his control, required Norm to start over and rebuild still again. Norm grew another small organizations into one of the largest diversified financial organizations in the world! During all of this, Norm continued to accept leadership responsibilities within insurance professional associations rising to President again-and again. These were vibrant, legitimate, and regulatory-agency-recognized major associations where the same old man did not hang-on, over-promote himself, and retain total control forever.

Levine has shared his selling and management skills in seven widely-read legitimately published books and during appearances in various countries. Norm has proven that insurance leads to full financial planning services, and that dedicated service to the profession will aid, not hamper, your personal growth and sales success.

___________________________

About Alan W. Altmann: Altmann is an award-winning international keynote speaker whose engagements include hosting the annual United Arab Emirate (UAE) Global Sales Trainers Summit in Dubai. He is most active in Dubai and Abu Dhabi, but has made platform presentations at many other famous world-class venues such as addressing 10,000 business executives at the Bangkok Conference Center, an audience of 13,000 in the enclosed Singapore Stadium, members of the London Chamber of Commerce in England, and other groups across the globe.

Al’s second home is in Dubai where he is one of the best-known and most acclaimed speakers and sales trainers in the United Arab Emirate countries. HH Sheikh Mohammed is one of Al’s fans. Altmann is a TV personality in the Middle East and resides in Dubai during a portion of each year. In Dubai he specializes in corporate seminars held there and attended from around the world.

According to the Pacific-Rim Speakers Network, “Al Altmann is one of the world’s most-active professional speakers.” Steve Forbes said, “No one, and I mean no one, can entertain, teach, and hold the attention of an audience like Al!” His TV programs have been telecast nation-wide on PBS stations in the USA. He qualified for the MDRT at the age of 23. He is the author of four books published by legitimate book publishing companies.

A Madison, Wisconsin, pastor (Episcopal) for nine-years, Al continues to embody servant leadership in his sales and leadership training, plus in his inspirational and motivational teachings. Born with a crippling birth defect, physicians repeatedly told Al that he “would not live another year,” -- for over forty-three years they told him he would not survive. He undergoes a life threatening operation each year. Coach Lew Holtz called Al, “The ultimate speaker talent and the ultimate bounce-back person.”

Al Altmann’s fans include many famous people who have also endorsed him, i.e., Rev. Dr. David Yonggi Cho, Rabbi Harold Kushner, Art Linkletter, Steve Allen, Basketball Coach Dale Brown, Loren Dunton, Norman Vincent Peale, Jack La Lanne, Charles “Chuck” Colson, Brian Tracy, Harvey Mackay, and many others. Go to Alan W. Altmann on the Internet for his official web sites. His e-mail address is alanwaltmann@aol.com
 

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By reading this free report you'll learn how to attract your 'IDEAL' prospects to you! Then you'll
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__________________________

“$67,000 of annual life premiums.” (in less than a month)

“Per our conversation this morning I wanted to let you know how the (Found Money Management ) program is working for me so far. I got the CD package on or around May 1st. Today is May 24th and I have set a total of 5 appointments by loosely following the word track on the appointment setting CD. Of those 5 appointments, I have already had 3 of them, and we have started the underwriting process on all 3... $67,000 of annual life premiums.” (In less than a month)
Tim G.
-
Albuquerque, NM (State Farm)

_______________________

“I’ve written over $270,000 of life premiums in the past two months”

“Thanks for everything. I’ve written over $270,000 of life premiums in the past two months since attending the boot camp in December... ($190,000 in commissions) Freedom Equity Group has asked me to do a teleconference to explain how I’ve accomplished this dramatic increase in my business. I’ll be recommending your Found Money Management system and your boot camp (Trusted Advisor Success Training) to everyone on the call.”
Randy Delph,
RFC, LUTCF, FMM - IN, (35 years in the business)

 

Coaching Corner

It’s All in the Follow-Up…
By Sandy Schussel

You met someone at a party who is in a position to use your services. You had the “What do YOU do?” conversation, and you exchanged business cards.

If she’s interested in learning more about how you might help her, you can just assume she’ll call you, right? I mean, if you contact her to try and learn more about her situation and tell her more about your work, she’ll think you’re needy or pushy, or that you have some ulterior motive, won’t she?

So, you don’t try to approach her and, although you’d hoped she was impressed and interested, she doesn’t call.

We give ourselves many reasons for not following up with the people we meet. We tell ourselves:

~If they’re interested, they’ll contact me

~If I contact them, I’ll be seen as pushy

~If I contact them, they’ll think I’m desperate for business

~I have more immediate and more important things to do

But all of these “reasons” are the work of the “But” Monster–they’re simply excuses you make because you’re afraid of being rejected.
 

Sandy Schussel - Books... Click Here For The Complete Details


Let’s look at these excuses more closely:

If they’re interested, they’ll contact me. On occasion, this does happen…but maybe they’ve misplaced your card and forgotten your last name, or maybe they just got too busy with their own work–especially if they could use the help! If they really seemed interested when you met, shouldn’t you contact them now before you’re sure that they aren’t?

If I contact them, I’ll be seen as pushy. If you’re pushy, you’ll be seen as pushy. Contacting them is just a way of asking if they’d like to continue the dialogue you started with them.

If I contact them, they’ll think I’m desperate for business. Most people view a follow-up contact as an expected business practice. They may or may not be receptive to it, but they will not see it as needy unless you make it appear that way.

I have more immediate and more important things to do. How many of the things you’re doing are more important than bringing in new clients?

Follow-up contact works best when you do it right away; then, it’s easy. You can choose to make a phone call, which is the most effective way; to send a hand-written note, which is viewed as special and personal, but involves a precious investment of time, including waiting for delivery; or to send an email, which is not as personal, but can be done instantaneously, either the next day, or over the weekend.

Here’s an example of an email or hand-written note:

Tom,

It was a pleasure meeting you at Pete’s party last Friday night.

You mentioned your son was sick. I hope he’s feeling better!

I had the sense from what you told me about your situation that I might be able to help. If you’d like to get together soon and talk more about it, let me know.

Either way, I hope our paths cross again.

Sandy Schussel

A call might sound something like this:

Hi, Tom. This is Sandy Schussel. We met at Pete’s party last Friday… I had the sense from what you told me about your situation that I might be able to help you. We could talk more about it now if this is a good time, or if you’d prefer, we could pick a time to get together in person. What do you think?

Follow-up contacts, especially phone calls, open opportunities you might never have expected to come through. Create a mindset that following up is one of your most important jobs and that it can truly help you grow your business.

In the meantime, keep REACHING…

________________________

Sandy Schussel - Author, Speaker, Life and Business Coach... Click Here For More About Sandy

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