Professional Documents
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Sales Tips
Success Tips
"Whatever the mind of man can conceive and believe, it can achieve."
Napoleon Hill
By
Americas most successful living and active insurance agent! Financial Services Advisor Magazine
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During my many years of activity in the insurance world I learned a few things. One broker dealer I know helps his planners to reach new heights by distributing miniatures of a striking, but small statue. The tiny artwork depicts an Indian brave who is shooting an arrow. Apparently the Indian is targeting the stars. This little statue conveys something very big -the essence of your success! This original American symbolizes an extremely high aspiration. Do you have a goal that is very far away! Is your objective, like shooting an arrow at the stars? High aim is what enables readers of the Insurance Pro Shop to avoid mediocrity. As a sales agent you must never be mediocre. Aristotle said, We are what we repeatedly do. Forrest Wallace Cato, author of You Can Sell Like Ben, Mehdi And Norm told me about you. Wally said that, You are unique in your work. No other agent, planner, or broker, is precisely like you. This is true. And I will now add that you have the potential for greatness in sales and service. Your success depends upon your preparation, skill, discipline, professionalism, and ability to communicate your appropriate image. All professions must sell their service. All sales success is built upon a common set of guidelines for sales and service. I believe there are five rules that can lead you to the top. I know that selling is a noble act, especially when accomplished by insurance agents and financial planners. When you sell something worthy, you help people. Whether your product is a highly technical investment, or a very simple insurance policy, successful presentations follow a logical pattern of information, education, and persuasion. The successful achiever is always the person who knows that he or she is honorable and necessary. The big producers are often motivated by a desire to help many families. The honorable and necessary agent always places his or her clients, or prospects, best-interest first. The successful financial professional continually studies his or her craft. A successful agent or planner continually improves his or her client service. It is no coincidence that this Internet newsletter, published by the Insurance Pro Shop, is read by thousands of agents that are determined to improve their productivity! The successful agent understands that prospects and clients have changing needs. Thus your market is ever evolving. Top producers adjust psychologically and professionally to these changes. Selling is both science and social psychology more psychology when you get down to it, since each of your prospective clients is different. Successful selling requires you to consistently adjust yourself to your existing prospects and clients, over-and-over again. In insurance sales you start with the confidence that you are valuable, honorable, important, and necessary.
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ground! The agents who visited a prospect before me were afraid afraid they would lose commissions. So they just dropped off some forms and ran. I received the business by using the five essentials explained here. I overcame my fear by capitalizing on it. Seasoned Broadway actors get stage fright on opening nights. This fear stimulates better performances. Winning sales techniques evolve out of recognized fears. If youre new to financial sales, rehearse your presentation before friends or relatives. Ask for suggestions. You may be surprised at how helpful this can be. After several practice presentations, youll be over your fear since fear comes from the unknown. As a prospect starts to trust you, his or her fears diminish. Because you are honorable and necessary and reflect these admirable, and even noble, qualities -- you can be trusted. 2. Selling Yourself: Agents must concentrate first on selling themselves. Most agents fail to ever understand (or fully realize) the importance of communicating their image in their market place. Far too many agents still have no clue how to promote themselves by using the media that is available to them. These agents think going to church, an association membership, plus joining a few civic groups, is sufficient PR for themselves. They think this was all it takes! And, day-after-day, they lose sales to advisors with a more recognized professional image! Most of these agents will struggle during their entire careers. Their markets are actually taken away from them by agents and planners who know (and use) the value of media advocacy to their advantage. The agent or planner without an established image is living in the past. A desired and established media image helps prospect to trust you to accept you to actually seek you out, and want your help. When I meet a prospect for the first time, I invest at least twenty minutes in talking about and selling myself. I give the prospect reprints of articles by or about me. I show evidence of industry recognition and professional standing. I provide print media evidence that I am known. I show proof of professional accomplishments. I show years of experience being highly involved in my specialty discipline. I show that I know how to help people financially. Above all, I make it clear that I am an ambassador for my specialty.
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Remember that you are honorable and necessary. You are committed to serving your clients best interest. Act accordingly!! What you look like and act like -- (your in-person image) -tells people who and what you are. If you are well dressed and act professionally, your prospect will likely think: She looks like a successful woman. In order to be successful, she must have satisfied customers. Dealing with her is good business. This mans time is valuable. He knows his stuff. He is obviously going places, so his opinions must be valuable. Better listen to him. 3. Using Names As Tools: Get on a first name basis with the prospect as soon as it is natural. By using the clients name, you sound like a neighbor over for a friendly chat less like an outsider. When you use familiar names as referrals, you are putting aside prospect fears. If all these other people are buying, then your product or service must be reliable. 4. Controlling Your Setting: I accomplish sixty-five to seventy percent of my business in my office an attractive, impressive, professional setting. I usually say: Of course I can come to your home/office. But at my office I can answer questions you might have. All my references, computation tables, and other materials are there. Plus, there will be no telephone, fax, or people to disturb you. You can think without interruptions. We can both devote full attention to making the soundest possible judgment for your situation. When a prospect object to visiting my office, I say often ask: Will it be possible to have one uninterrupted hour in your office so I an save us both time? If neither office will do, I arrange to meet at a restaurant or in a small meeting room at a local hotel or motel. Insurance super-star Frank Sullivan offers this advice: When prospects are just so busy, or think they are, that you cant motivate them to go to your office, ask them for fifteen uninterrupted minutes, then go to the prospects office and make an abbreviated presentation. After ten to fifteen minutes announce: This is how I operate. If you can be in my office by twelve noon, you can have a good lunch, reach some decisions on these key issues, and be out of there by one thirty p.m. If its not important enough for you to devote that kind of time, I dont think I can be of service. This often works wonders. Sometimes the prospect says: Keep going. We can do it here. Or OK, lets make a date. If he says, Let me think about it, I reply, Fine, but youll have to call me because I wont pursue someone unless he sets a date. When a prospect apparently cant be seen during the day, suggest appointments early in the morning (coffee before work), at noon, or immediately after work at four-thirty, or five, or five-thirty.
5. Creating Your Yes Atmosphere: When you do meet with your prospect, establish a Yes Atmosphere, also called a Sales Atmosphere.
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z z z z
Start with an honest compliment. A word of sympathy, when appropriate, is always well received. Does your prospect want to save time? Certainly. Your prospect surely wants to provide for his financial future.
Summary: When you use these five essentials in your selling environment, and when you select good leads, make firm appointments, build and communicate your image, plus direct the conversations, and present proven solutions to your prospects problems, concerns, worries, and/or needs, then you are shaping your pattern for success. _____________________________ Mehdi Fakharzadeh is recognized and acclaimed as possibly the worlds most successful living insurance agent! According to Publisher Fred R. Kissling, CLU, MSPA, AEP, RFC, Lexington House Books is producing a valuable new title profiling The Worlds Three Greatest And Most Successful Insurance Agents; Mehdi Fakharzadeh, Ben Feldman, and Norman G. Levine. The volume will be titled Mehdi, Ben & Norman. Though he is a MetLife agent, Medhi is a beloved worldwide ambassador for the entire global insurance profession. Mister Mehdi as he is well known has been a guest speaker in over fifty countries. Mehdi remains one of the most in demand platform presenters and sales trainers in insurance and financial planning today. According to Lew Nason of the famous Insurance Pro Shop in Dallas, Georgia, As one of the insurance industrys most famous sales leaders, Mehdi Fakharzadeh is especially admired for not being an exaggerating and demanding ego-maniac! Instead Mehdi is known as a team player who shares his fantastic sales skills and his vast practice-building knowledge with other agents in many countries around the world! Kernan F. King, JD, LL.M., CLU, former MetLife Senior Vice President, says, Mehdis world-famous success is based on his proven dedication and his commitment to his individual and corporate clients needs and concerns. Mehdi has provided more insurance for his clients than any other representative in our companys 132-year history. Joseph A. Big Joe Clark, CFP, RFC, host of the popular radio program The Big Joe Money Show, says, Mehdi is the author of Nothing Is Impossible and Everything Is Possible. Mehdi holds a law degree from the University of Tehran. This famous super sales achiever also earned a Master of Economics degree from Brigham Young University. Hes been recognized as the worlds most successful insurance agent by Fortune Magazine, Fraternal Monitor Magazine, The Inspirator International Magazine and Leaders: The Life Insurance Sales Magazine. Joe Clark adds, We can all learn from Mister Mehdi! Financial Profiles Magazine reported, Mister Mehdi is a sales legend among insurance agents and financial planners! He began his career in 1955, working as a debit agent in Hells Kitchen, then the roughest and most poverty-stricken area of New York City! He has earned countless major awards, including every award offered by MetLife. A long-time MDRT Top-Of-The-Table member, Mehdi created original financial sales and service ideas
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that are today used around the globe. All of us do not have equal talent, but all of us have an equal opportunity to develop our talents.
Get to know us before you invest your time and money in our systems, training, tools or support!
www.insuranceproshop.com
Important Prospecting Update Testimonials and Success Stories
"Thanks so much for all you are doing with your coaching and your systems. I purchased the Found Money Management system a couple years ago, but like many of us, didn't get rolling on it until last fall. It was really a big mistake to put off starting in! I began to earnestly study your questioning techniques and began to apply them to my practice. I saw increasing results as I began to become more proficient and more confident. The first 3 months of this year have been more successful than most of my past "years". In fact, I am about to do another Found Money Management seminar and had to add a 4th day as we are over 185 reservations with about 15 on a wait list. My advice to all the other planners is to jump in, do the work, and the results will surely follow." Rick White, RFC, FMM, BA (Over 28 years in Financial Services) American Planning Group, Inc.
Wisdom is knowing what to do next, skill is knowing how to do it, and virtue is doing it.
David Star Jordan
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Well, that's it for this months Insurance Marketing and Sales Mastery Newsletter. I hope you found the information interesting and helpful in your efforts to grow your business. Lew Nason The 9 Out Of 10 Guy Marketing and Sales Coach Creator & Founder of www.insuranceproshop.com P.S. Do you have a friend or associate who needs help? Why not tell them about our web site or better yet, forward this newsletter to them. They'll thank you! 2007 by Lew Nason, RFC, FMM, LUTC Graduate, All rights reserved Lew Nason has been helping agents to achieve long-term success in insurance sales for over two decades. His unique perspective, on how to truly help clients, has enabled scores of agents reach the top levels of
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their profession. Visit his web site at www.insuranceproshop.com or call him toll free @ 877-297-4608.
Helping Insurance Agents and Advisors create endless streams of new, repeat and referral business
www.insuranceproshop.com
Insurance Pro Shop, 150 Watson Drive, Dallas, GA, 30132
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