Why I chose insurance over real estate to make my millions....

Рет қаралды 165,707

2 жыл бұрын

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Matt Sapaula, is a former United States Marine turned veteran entrepreneur.
Matt helps those in transition of a new career and occupation to become an entrepreneur while acquiring the confidence, mindset and skills to win the money game.
Share in his journey to gain financial control over daily money matters and live your desired lifestyle.
Find Matt Sapaula here too:
www.moneysmartguy.com
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MATT SAPAULA KZfaq CHANNEL DISCLAIMER: Matt Sapaula is not a registered investment advisor for the offering or sale of securities nor to provide investment advice. Matt only deals in securities subject to an exemption from registration and will only provide investment services to accredited investors as defined by the Illinois Securities Act of 1953.

Пікірлер: 183

@mongojrttv Жыл бұрын

Broke busted and disgusted. I'm going to start using that.

@taweehill Жыл бұрын

In my hood they used to say, “ I was broke, busted, disgusted and can’t be trusted.” Nevertheless it sound like this brother knows his stuff.

@advisuals759 Жыл бұрын

lol boosie lyric 😂

@sasha69Xurgelash 8 ай бұрын

Much easier to sell a $2800 policy than a $500-2mill house!

@taniawilliams9246 2 жыл бұрын

I'm a Realtor. I don't like all the 12 appointments on Saturday. Lol. Thank you for sharing

@7FigureSquad Жыл бұрын

Hey Tania! How are things now being in a Housing Recession? Would you like some ideas to increase cash flow in between closings?

@nanojimenez7079 Жыл бұрын

@@7FigureSquad I do

@Heartless-oi3sp Жыл бұрын

@@7FigureSquad How long does it usually take to make money selling insurance? Can you do this from home?

@7FigureSquad Жыл бұрын

@@Heartless-oi3sp You can

@jiwanjessup3192 Жыл бұрын

@@Heartless-oi3sp yes. What state are you in?

@SummerBaby728 Жыл бұрын

Say goodbye to your weekends as a realtor. NO thanks! I make bank selling insurance online, fully remote and I work when I want, where I want, for however long or short I want (some days it’s 2hrs, some it’s 6+). So it allows time freedom, location freedom and financial freedom. That beats the hell out of being a realtor. I can move anywhere I want and not have to start all over, I make my own schedule, I can work while visiting family or traveling if I choose, and I get paid way more often and regularly than a realtor. And the more I build my book of business, the more passive income I have from residuals (passive income is a GODSEND). That’s my real bread and butter. Im still making full time income from residuals even when I choose to stop working and take some time off. I’ve taken a whole year off from working and was still getting good income every month (from the residuals), more than what a lot of people make hustling 80 hours a week 12 mos a year. And those residuals are for life. I can even pass them on in my will when I go. Insurance is soooo much easier and better. Also, the real estate market is unpredictable and dicey. But society will ALWAYS need health insurance. It’s consistent.

@7FigureSquad Жыл бұрын

BOOM 🤝

@Perfectskintoday Жыл бұрын

What type of insurance do you sell if you don’t mind me asking?

@SummerBaby728 Жыл бұрын

@@Perfectskintoday Medicare and ACA (Obamacare). I may get into final expense at some point, I do have the license but haven’t added it to my products. Medicare and ACA also give you incredible passive income that real estate doesn’t (unless you’re renting out your own properties).

@vishabrown6556 Жыл бұрын

Im nervous about taking the test and failing 😔

@SummerBaby728 Жыл бұрын

@@vishabrown6556 okay so. you can’t let that stop you or you’ll never do anything in life. If you resisted doing anything you could possibly fail at, that’s a pretty boring existence of zero accomplishments. Failure is just a part of life; it develops us and teaches us and makes us wiser. So you’re nervous. So what? You can do things scared. Just be a grownup and have some grit. Courage isn’t about having no fear. It’s about owning your fear and doing things that scare you anyway….And PS the insurance exams are way easier than the real estate ones.

@CashousePoker 4 ай бұрын

The only issue is the charge backs. No chargebacks in real estate

@user-wb5fn5by7v 11 ай бұрын

Insurance agent all the way. Expect to get paid within days of the clients money clearing 👍🏼

@BlondeBell89 Жыл бұрын

I’ve been a real estate agent and am now an insurance agent. It’s way harder to start real estate and build up a business. So many hours unpaid and waiting hoping for a sale. I think u can make more when successful as a realtor but insurance is easier to start and will bring income even if u are away. I prefer being in insurance.

@smolpnut5911 8 ай бұрын

how’s it going as an insurance agent? any tips? i’m newly licensed

@BlondeBell89 7 ай бұрын

@@smolpnut5911 man this is a very very hard time to get into insurance as this is a very hard market with majority of carriers have high loss ratios over 100 and in some cases I’ve heard close to 150. The reinsurance market was hit hard and have increased the carriers we write with’s deductibles and that’s transitioning into high premiums and restricting guidelines. I used to attempt to quote a home and most any carrier I had would write it. Now I get like half the quotes I used to since some carriers aren’t even writing new business. However people still need insurance and everyone is shopping this year because of all of this. So I’m still doing good. Just a lot of work requoting renewals. Hope you enjoy it. If you have the drive to call carriers and educate yourself on insurance and become knowledgeable you will be better than most agents I know. I have found being knowledgeable and helpful have helped me close more sales and retain more business as a lot of agents are just salesman and can’t talk knowledgeably about their own products. Or disappear after the sale. Good luck!

@TonyShtark 6 ай бұрын

Agree with everything you just said. I work for Northwestern. Definitely getting crazy these days@@BlondeBell89

@texan8739 11 ай бұрын

I’m a health insurance agent for BCBS(blue cross blue shield) and I am loving it, however the state test and requirements are really strict and you will need to pay full attention and study as much as possible. The insurance state test is on the same level or a bit more difficult then the realtor test and a bit lower then the lawyers bar exam from what I hear. During October 15 to December 7th is AEP (annual enrollment period) you can easily clear 45-60k on the low end but during this time you also work 12 hr shifts so your hourly is insane as well.

@darianalopez4731 9 ай бұрын

Where do i apply for for that are u? Sales agent?

@SummerBaby728 6 ай бұрын

Some corrections: That AEP is only for Medicare Advantage, not all health insurance (not even all Medicare because medigap supplements can be any time of year). I can clear 90K during the AEP working just 5-8 hours a day during those weeks. It’s not always 12 hrs for everyone. Depends on your business model and marketing. And the state exam not even close to the bar. To even compare is a bit insane. There’s a reason law school is 3 years long. Studying for the state health insurance broker exam takes like a month.

@Aaron_R 6 ай бұрын

You can't compare a realtor exam or insurance exam to to the bar exam. People go to law school for 3 years before taking the bar (6 full time college semesters). People probably study for a couple of months (1-3) before taking realtor exam or insurance exam. I guarantee you a lawyer could easily pass the exam in 1-3 months. The insurance agent or realtor needs 3 years of law school probably to take the bar.

@blaiseducdaumont1280 6 ай бұрын

Most entry-level insurance agents and real estate agents make very little money. Not enough to live on.

@erickstotle4285 19 күн бұрын

this true, i havent made any money yet, so i havent quit my job but once I can replace that income by x3 I will be leaving my job.

@StevenZagaris Жыл бұрын

Realtors are generally looked at as the point of contact for most ancillary services, including insurance. If you had both licenses, you could sell Home Owner policies to your clients.

@7FigureSquad Жыл бұрын

Personally I refer that out ... P/C too service intensive and costly to scale vs staying focused on Life/Annuities

@cheeserdiggity4220 10 ай бұрын

Neither....I'd rather be a KZfaqr

@jalenmackall6743 Жыл бұрын

I feel like insurance is easier to start but harder to sustain due to chargebacks etc… but I think that all in all insurance is better IMHO

@Dacoldest7 Жыл бұрын

I am an insurance agent (life & health). I'm confused why he said no competition. So many insurance agents. He is right about distinguishing yourself but plenty of agents out there. Insurance has been increasingly commoditized. People just want the most coverage at the lowest price. If you think it's easy from what he is saying, be careful. 92% of insurance agents leave the industry w/in 5 years.

@7FigureSquad Жыл бұрын

Plenty agents that say the same thing are so predictable and have not changed the way they market / educate their community for the last 50 years. None of our 3,000+ agents ever race to the bottom as a commodity. I'd caution someone reading your statement to be mindful of those that think smaller of their career and those that actually have proof of concept about their successes.

@MonkeyD.Luffy56 5 ай бұрын

Im an engineer looking to leave my indistry. Been looking into selling life insurance. Any tips or resources i should look into?

@ItsaPlanetKiller 2 жыл бұрын

I need to get back in the hunt with you Matt. You are non-stop inspiration. So true, all of it.

@7FigureSquad Жыл бұрын

Let's go! 🚀🌚

@erickstotle4285 19 күн бұрын

Have my life insurance in Nevada, but quickly realized I am socially challenged and have a hard time talking to people, and since i come from a background of skate boarding parkour and things of that nature, rebranding myself has been hard. lol they dont see Erick the Financial expert they see Erick the skater lol. But I wont let that stop me. Havent closed a single policy yet. but I wont let a slow start stop me.

@joshuaheaven8578 Жыл бұрын

Just passed my exams. I’m excited to start my career in the insurance industry 🙌🏾

@bigsmokeeey4808 Жыл бұрын

Was it hard ?

@joshuaheaven8578 Жыл бұрын

@@bigsmokeeey4808 Not at all. Just have to understand the basics, the foundation

@anyiawynn1669 Жыл бұрын

@@bigsmokeeey4808 Study and take as many practice exams as you can! That’s what helped me I have life and health as well as P&C. Use those practice tests!

@bigsmokeeey4808 Жыл бұрын

@@anyiawynn1669 and wat do u do everyday to make living?

@johnnybgoode2585 Жыл бұрын

How's your first month going?

@jenniferaguevara813 4 ай бұрын

Thank you for explaining this in such a simple way!

@nelzonruiz2674 Жыл бұрын

My wife is being looking to get into the insurance business. I’ll show her this video.

@dmferrell1 Жыл бұрын

I Agree and disagree simply because I do both real estate and insurance. Best of both worlds! I know where you're coming from though, lol.

@s7y848 Жыл бұрын

Hi, sorry if this is out of nowhere but I got some questions if you don’t mind it. I’m currently looking for something to do on the side while in college pursuing a Major in Finance. From your experience what do you say are the pros and cons of both. Ik the video already explained some but I wanna know the meat and potatoes of how are the clientele, what are the worst experiences with them, how is your work life balance and such. And secondly which one do you see as more scalable and finally what would you personally choose if you had to restart all your experience and connections and why. Sorry if this is a lot of question. But I just wanna see how someone working in both fields see it. Thank you for reading this and have a great day.

@fund.your.infinity Жыл бұрын

Non-captive agents are the way to go! Want the best term or permanent polices? I got you, which one?! Best industry & getting paid twice a week is a nice plus!

@mernafady285 Жыл бұрын

What company is non-captive??

@taweehill Жыл бұрын

I appreciate your content. Thank you!

@7FigureSquad Жыл бұрын

Much 💚

@primogamez7789 Жыл бұрын

My coach Matt💯

@miracleman75 4 ай бұрын

Insurance all day. The last few years realtors and mortgage brokers have made a killing, but then everything dries up. Insurance agents keep making money every year.

@MIGUELDIAZ-bl1kx 2 жыл бұрын

Been a licensed insurance Agent in Ca the last 13 years. There's actually a ton of competition

@7FigureSquad Жыл бұрын

You must be off in your approach and presentation. I have 3,000 agents and none of them lose business to a "competitor"

@MIGUELDIAZ-bl1kx Жыл бұрын

@@7FigureSquad lmao 🤣 ok guy...that comment is the biggest load of bs on the internet. lmao ok competition doesn't exist in CA then and your 3k agents don't lose business to NY Life, Mass Mutual, Northwestern, etc. 😆

@MIGUELDIAZ-bl1kx Жыл бұрын

@Joey Trap I love selling insurance! I'm actually full time on the p&c side. But sell Life, Health, Medicare on the side. New to those lines that's why on the side for now.

@kurisu3000 Жыл бұрын

@@7FigureSquad People that bought your online course don't count lol

@7FigureSquad Жыл бұрын

@@kurisu3000 what online course ? Lemme know when I sell one (gotta love rumors and misinformation)

@ryanpoolecountry8864 Жыл бұрын

I got opportunity to work in Financial advisory working with A broker is tha a good commission job I love the Environment and the office is small and local

@BibleSamurai 10 ай бұрын

theres tons of competition in both industry

@TrueWealthFinancial 6 ай бұрын

Incredible content! 👏

@daxramsay8887 Ай бұрын

Dude insurance is the MOST competitive and populated sales field lol

@jstyles510 5 ай бұрын

Hey Matt, I’ve always wanted to get into the Life Insurance industry. Any directions you can help point me in to so I can start making my moves on learning? Thanks

@ej7866 4 ай бұрын

Id be both

@anthonyspencer6281 Жыл бұрын

What type of insurance do you sell

@ismaelperalta2882 Ай бұрын

what are all the things is hould research before becoming an insurance agent?

@kamleshingle3807 8 ай бұрын

Thanks man ❤

@thewaythetruththelife777 11 ай бұрын

Any company you would recommend for a guy trying to get started and make 6 figures first year?

@kylorenthehusky2584 6 ай бұрын

Took me 3 weeks because I was over stressing and over studying. I have a 2 yr old too. the CA test was only 85 questions and I only missed 6 but my friend did it in a week and still passed missing 13. Anyway, I’m with symmetry rn and it’s okay but the call in leads feel misleading to me. I’ve only written 2 policies since December . Best of luck to anyone reading this. 😊 Thanks for this training session

@bakewithada 5 ай бұрын

Do you have to make cold calls?

@kylorenthehusky2584 5 ай бұрын

@@bakewithada I purchase leads through our vendor. $28-$48/lead. Thank goodness I’ve made a few more sales since then to keep up with buying leads each week.

@AdayBB231 10 ай бұрын

I do P& C studying real estate . How would you say life & health differ ?

@brandont5211 4 ай бұрын

how would you suggest doing it part time ? i already have a life, accident, health, annuity license

@brandonyo5718 9 ай бұрын

I’m confused isn’t life insurance a product people want are you Cold calling them or is it a warm lead like they called in or showed interest online??

@IamGabrielVazquez Жыл бұрын

Why not both?

@kauigirl808 Жыл бұрын

Because you can make way more money doing the life insurance.

@dejyonholt6148 5 ай бұрын

No competition lol CAPPPPPPP

@justforfun765 Жыл бұрын

Im starting at POS in the insurance field

@inezrosa4198 Жыл бұрын

Im license l need help its been 3 yrs

@krissifaith6709 2 ай бұрын

You can do both at Primerica...whuuuuut? *^^*

@andrewparag2701 Ай бұрын

I'm both. I can prove what's better. Interview me!

@RoyalEagle1960 Жыл бұрын

As a real estate agent, I am convinced lol

@theluckshow9617 Жыл бұрын

What about being a financial advisor vs an insurance agent ?

@7FigureSquad Жыл бұрын

That's another good one!

@Tania-rg7jp Жыл бұрын

Financial advisor. Hope you have lots of friends who are wealthy and trust you financially.

@AN38385 Жыл бұрын

Financial advisor or planner takes a while to know all the areas. Especially estate planning.

@Laluseroo777 Жыл бұрын

Hi Matt should I accept an Aflac job / training or what should I do ?

@TaurusKhalifa Жыл бұрын

I’m an agent, DM me! My company reimburses you for obtaining licenses and classes and we can get you started with training in the meantime

@thefrontdoor7643 4 ай бұрын

Looking to be a life insurance agent? Let’s talk!

@aegislash6060 Жыл бұрын

Also inflation

@Astrologcomedy 10 ай бұрын

Insurance 🎉

@lorinmaina4090 Жыл бұрын

Help me do it am new in the insurance company

@7FigureSquad Жыл бұрын

Where ru located? Send us your info to www.MoneySmartGuy.com

@wko4478 Жыл бұрын

Which insurance license is better to get life/health or p&c?

@jkashdamoneyman5870 Жыл бұрын

Life and health

@wko4478 Жыл бұрын

@@jkashdamoneyman5870 Thanks for quick response. I have been gojng back and forth on which one I would start.

@BlondeBell89 Жыл бұрын

I don’t do l&h but I can tell u p&c is freaking not easy to learn it all. Especially commercial. So many rules coverages and types of insurance.

@TaurusKhalifa Жыл бұрын

I’m an agent, DM me! My company reimburses you for obtaining licenses and classes and we can get you started with training in the meantime

@anyiawynn1669 Жыл бұрын

@@BlondeBell89 Life and health was easy compared to P&C. Like you said there’s so many different coverages and policies you have to memorize

@serviceproper Жыл бұрын

I don’t understand how or where even to begin to learn how to become an insurance agent

@7FigureSquad Жыл бұрын

Where are you located? We can help if you like - www.MoneySmartGuy.com

@BlondeBell89 Жыл бұрын

So many agencies are looking for agents and post jobs all the time. Find a good one with training and support and good split. I’d go the independent non captive route as well.

@7FigureSquad Жыл бұрын

@@BlondeBell89 agreed 💯

@serviceproper Жыл бұрын

@@7FigureSquad Iowa

@7FigureSquad Жыл бұрын

@@serviceproper I'll be in Chicago tomorrow doing a workshop in Oakbrook, IL ; if you'd like our help send you info here: www.MoneySmartGuy.com

@chaglagleuchrpeellooo5027 Жыл бұрын

Yeahah

@dylansavage8892 5 ай бұрын

I would rather be ME! I don't want to sell anyone anything for the purpose of lining my pocket, but rather be a solution to whatever problem they may have! The greatest business is one that the customer seeks you rather than you seeking the customer!

@anikadaniels1209 4 ай бұрын

That's why life insurance is the best option. All of my clients reach out to me. That's the only way I get to speak with them. Life insurance is essential. It's a product that you either need And want and can afford or you don't. No hassle or haggle. I only provide this valuable service to those who need it.. hands down the best carrier.. especially if you want to build wealth..

@yungahungatv8049 5 ай бұрын

Which insurance? Life, health?

@7FigureSquad 5 ай бұрын

Life / health and annuities

@drteephd3935 2 ай бұрын

Stop yelling

@Ifugy554 3 ай бұрын

insurance

@dinkumloyalty1882 8 ай бұрын

Show me how please

@7FigureSquad 8 ай бұрын

Are you in US? Send your info here: www.MoneySmartGuy.com

@NunyaBizznus 4 ай бұрын

Hahahaha...no competition. You high homie. There's a lot of competition in the insurance industry. Now, granted only really at the higher level. Lot of chumps out there selling tiny policies.

@newsjohnson Жыл бұрын

The reason there’s not a lot of competition is most people who enter the industry where whole life is sold realize they’re ruining people’s financial lives and leave. Insurance is one of the highest turnover industries out there because it’s typically unethical and overpriced.

@auntee8036 2 жыл бұрын

😌 ok… You got my attention. Tell me more!

@7FigureSquad 2 жыл бұрын

Sure! Here u go kzfaq.info/get/bejne/hNyKfbea2cezc5c.html

@7FigureSquad Жыл бұрын

If you want to implement send your info here: www.MoneySmartGuy.com

@jakegiusti9 Жыл бұрын

name 3 successful insurance agents.. not knocking the career but real estate agents will always be more successful if you know where to put ur money.

@7FigureSquad Жыл бұрын

Spread your vision and network ... there's a bunch of successful insurance agents meanwhile how's your real estate career going? Fed Reserve meets again to potentially raise rates May 3rd