Starting an Insurance Agency | 10 Things You SHOULD Know

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  • เผยแพร่เมื่อ 9 ก.พ. 2025

ความคิดเห็น • 82

  • @rampantmjolnir
    @rampantmjolnir ปีที่แล้ว +8

    I’m getting ready to open my own office this summer after being a producer for 4 years. There’s some great advice in this video, but the part about location was particularly helpful to me. A “perfect” location might generate a little more walk-in business, but nothing compared to what an extra $500-$1000/mo in internet leads would generate.

    • @nicksakha
      @nicksakha  ปีที่แล้ว +1

      Congrats 🎊 I wish you all the success

    • @lifeisbeautiful1250
      @lifeisbeautiful1250 11 หลายเดือนก่อน

      I’m planning to open up my own insurgence Agency but not sure where to start.

  • @ThinkInsurance
    @ThinkInsurance 3 ปีที่แล้ว +5

    $5mill in 5 years, that's a great accomplishment. You and that giant phone though! Love it!

    • @nicksakha
      @nicksakha  3 ปีที่แล้ว

      Thank you!! And the phone 🤣 Amazon

  • @georginagsmooth1978
    @georginagsmooth1978 2 ปีที่แล้ว +1

    I just cam across your video amd you've got some gems. I'm a current agent at the #1 agency in GA. I sold over 2.5 million in premium in 2 years. My goal is to one day open my own agency so I will surely keep your videos saved. Congratulations to you and your success!

    • @nicksakha
      @nicksakha  2 ปีที่แล้ว

      Thanks for watching Georgina! With that experience of yours I’m confident you’ll do great as an agency owner.

  • @fancymarie3601
    @fancymarie3601 ปีที่แล้ว +1

    I’m a new agent with Allstate as an MSA; basically an independent agency. I’m hoping your content helps me.

    • @nicksakha
      @nicksakha  ปีที่แล้ว

      Hey! Goodluck in your journey, email me if I can help. Nicholas.sakha@gmail.com

    • @fancymarie3601
      @fancymarie3601 ปีที่แล้ว

      @@nicksakha I will email you shortly

  • @rebelliousfreedom
    @rebelliousfreedom ปีที่แล้ว +1

    That's my boy! love you bro

    • @nicksakha
      @nicksakha  ปีที่แล้ว

      Love you too bro!

  • @mindyduong4648
    @mindyduong4648 2 ปีที่แล้ว +1

    thank you for this valuable information as i am looking into this career path. and congratulation on the 5 years of successful and ongoing.

    • @nicksakha
      @nicksakha  2 ปีที่แล้ว

      Thank you!! Goodluck on your journey

  • @gainesdominique
    @gainesdominique 2 ปีที่แล้ว +1

    That's a dope poster to the right. Thanks for the video.

  • @RidgelinePatriot
    @RidgelinePatriot 2 ปีที่แล้ว +1

    Thanks Nicholas! I'm in the process of getting started.

    • @nicksakha
      @nicksakha  2 ปีที่แล้ว

      Good luck my friend

  • @ernestgreen254
    @ernestgreen254 ปีที่แล้ว +1

    Thanks for sharing this imperative content

    • @nicksakha
      @nicksakha  ปีที่แล้ว

      Thanks for watching 💪🏼

  • @drivingthoughts1111
    @drivingthoughts1111 3 ปีที่แล้ว +3

    Great Video! Thanks for sharing your knowledge and experience.

    • @nicksakha
      @nicksakha  3 ปีที่แล้ว

      Thanks for watching 🙏🏼

  • @ezeddie32
    @ezeddie32 10 หลายเดือนก่อน +1

    Thoughts on going the independent vs franchise route?

    • @nicksakha
      @nicksakha  9 หลายเดือนก่อน

      Hey! I go over this is my “how to start an insurance agency step by step” video

  • @TimbaML
    @TimbaML 2 ปีที่แล้ว +1

    Thank you Nicho I’m gaining knowledge

  • @danielscottmatthews
    @danielscottmatthews 3 ปีที่แล้ว +1

    Big number and big goals! Love the video!

  • @arthurwood7525
    @arthurwood7525 2 ปีที่แล้ว +2

    Great vid, Nick, and congrats on your success! From your perspective, for someone just starting in the health / Life fields, would you always recommend building your brand with your first and last name like everyone else seems to do, or would it be equally effective to choose a meaningful name and market whatever values along with that? Second, with just a few grand saved for advertising, where would you recommend starting- Facebook ads, T.V. / Radio, or newspaper ads? Thank you!

  • @loumartinez9480
    @loumartinez9480 3 ปีที่แล้ว +1

    Great stuff!!! Thank you 🙏 ! I’m on my journey to owning my insurance agency. Great content 😎👌🏾

    • @nicksakha
      @nicksakha  3 ปีที่แล้ว

      Awesome Lou! Kill it 💪🏼

  • @allinredriskstrategies
    @allinredriskstrategies 3 ปีที่แล้ว +3

    It does kind of matter how much you make because most people don't have the luxury to reinvest it all back into the business. Some of us have to actually spend the money we earn.

  • @dellcosta2269
    @dellcosta2269 2 ปีที่แล้ว +1

    Thanks for the information 🙏🏽

    • @nicksakha
      @nicksakha  2 ปีที่แล้ว

      Thanks for watching!

  • @lcalmese1976
    @lcalmese1976 ปีที่แล้ว

    Hi. Thank you for the video, it was very informative. What company did you start your agency with? Is it better to start your business with a company like state farm, all state or what do you think? If you would please let me know… thank you 😊

  • @caseyhickey8641
    @caseyhickey8641 2 ปีที่แล้ว

    Nicholas, You said that you needed your series 6 and 63. If you own your agency, where do you manage your money for clients? Do you have to get appointed with a bank such as morgan stanley or Merrill Lynch? If so, how did you go about doing that?

  • @johnwhite7741
    @johnwhite7741 2 ปีที่แล้ว +1

    Thanks for the info man

    • @nicksakha
      @nicksakha  2 ปีที่แล้ว

      Thanks for watching! Glad it helped

  • @renierborrego1808
    @renierborrego1808 2 ปีที่แล้ว +1

    Thank you for your posts , I already spoke with a recruiter , how many employees are mandatory to begin from scratch?

    • @nicksakha
      @nicksakha  2 ปีที่แล้ว +1

      Hey man, it’s different for each state. Reach out if you need anything 👊🏼

  • @BaldinJapan
    @BaldinJapan 3 ปีที่แล้ว +2

    Love your videos my friend! Keep up the awesome work! I opened up my agency about a week ago in Washington and can count on one hand how many people I know here so this is going to be tough. Maybe you could make a video on starting out in social media with your brand? Until you mentioned it in this video, I never considered getting a mentor in insurance! I'd love to have you as a mentor if you're willing, if not then is there someone you recommend?

    • @nicksakha
      @nicksakha  3 ปีที่แล้ว +1

      Thanks for watching, i’m glad you enjoy them. I’m happy to help if you ever need anything, follow me on instagram @nicksclusive

  • @CreatingExcellence
    @CreatingExcellence 2 ปีที่แล้ว +1

    Are you still an S-Corp or did you switch to LLC? Having a difficult time with making this decision. Great video! Thank you

    • @nicksakha
      @nicksakha  2 ปีที่แล้ว +1

      S Corp sir

  • @christmorquecho4964
    @christmorquecho4964 3 ปีที่แล้ว +1

    Interesting really enjoy your videos

    • @nicksakha
      @nicksakha  3 ปีที่แล้ว

      Thanks for watching Christ. Appreciate it!

  • @roblesareliy8208
    @roblesareliy8208 11 หลายเดือนก่อน

    Hi i want to start as agent but i havnt gotten my agent license do i need a hight school diploma to enter this industry?

    • @nicksakha
      @nicksakha  11 หลายเดือนก่อน

      Hello, I don’t believe a diploma is needed

  • @youngie_eddy9459
    @youngie_eddy9459 2 ปีที่แล้ว +1

    Hey man! My dream is to own an insurance company is it possible to own start one without starting as another companies agent

    • @nicksakha
      @nicksakha  2 ปีที่แล้ว

      It’s possible man, lots of resources to help make that dream a reality

  • @sky-son
    @sky-son ปีที่แล้ว +1

    great video

    • @nicksakha
      @nicksakha  ปีที่แล้ว

      Thanks for watching!

  • @brooksa60688
    @brooksa60688 3 ปีที่แล้ว +1

    Curious as to why the cost to start an agency up has doubled?

    • @nicksakha
      @nicksakha  3 ปีที่แล้ว

      I’m not sure to be honest. But I will say it’s 100% worth it

    • @kickakarz7862
      @kickakarz7862 2 ปีที่แล้ว

      Captive agents want to make sure they are partnering with ppl who have money to invest in marketing and take a few tough months while you are building your portfolio

  • @Ryth94
    @Ryth94 2 ปีที่แล้ว +1

    How much money would you say that you need to spend on marketing every month? (Mostly for mailers

    • @nicksakha
      @nicksakha  2 ปีที่แล้ว +1

      Hey Ryan, So every market/state is different. I spend 10k on internet leads monthly right now. Zero on mailers because it doesn’t work too well for me in Nevada. But ultimately, whatever you can afford. Keep your personal expenses minimal, and try all sorts of mailers, zip codes, internet leads, until one works well enough to double down on.

    • @Ryth94
      @Ryth94 2 ปีที่แล้ว

      Is there anyway you and I could chat for a few minutes on a zoom call? Just had a few more questions.

    • @Ryth94
      @Ryth94 2 ปีที่แล้ว

      @@nicksakha Is there anyway you and I could chat for a few minutes on a zoom call? Just had a few more questions.

  • @sk6155
    @sk6155 2 ปีที่แล้ว

    Nick, if there is away to reach out? I really I want to speak with you.

  • @rupslifestyle8165
    @rupslifestyle8165 2 ปีที่แล้ว

    Hello, do you have to have a office or physical place of business or can you do from home or mobile.

    • @nicksakha
      @nicksakha  2 ปีที่แล้ว +1

      It depends on the company, Some require office, others allow you to run business from home.

    • @rupslifestyle8165
      @rupslifestyle8165 2 ปีที่แล้ว +1

      @@nicksakha what companies allow you to do business from home. As i think this is the main expense when you starting this business tied up with lease.

  • @happyman42
    @happyman42 2 ปีที่แล้ว +1

    This is so real man I appreciate this... I'm nervous but one thing I know is they I can sell 😂

    • @nicksakha
      @nicksakha  2 ปีที่แล้ว +1

      Anytime man! Here to help 🙏🏼

    • @happyman42
      @happyman42 2 ปีที่แล้ว

      Matter of fact...think I can setup a video call with you and pick your brain? @nicholas

  • @sinsoriano7883
    @sinsoriano7883 3 ปีที่แล้ว +1

    Is that much to go independent agency too?

    • @nicksakha
      @nicksakha  3 ปีที่แล้ว +1

      Hi there! I've read it's anywhere from 5k-50k to start independent

  • @ryancaggiano9464
    @ryancaggiano9464 2 ปีที่แล้ว

    You talking revenue or premium when you refer to size of business?

  • @itvision4742
    @itvision4742 3 ปีที่แล้ว +1

    What are the step to be an insurance agent? What license did you get first

    • @nicksakha
      @nicksakha  3 ปีที่แล้ว

      Hey there! I’ve actually made a few videos on that. Step by step things i’ve done

  • @bsmajer3912
    @bsmajer3912 ปีที่แล้ว

    Do you pay 100k or do you have to possess 100k?

    • @nicksakha
      @nicksakha  ปีที่แล้ว

      Just have to have it liquid

  • @denviban005
    @denviban005 2 ปีที่แล้ว

    Hay quá

  • @faraway3032
    @faraway3032 2 ปีที่แล้ว +1

    Get rich in 5 years is pretty quick.

    • @nicksakha
      @nicksakha  2 ปีที่แล้ว

      It's a blessing! Thanks for tuning in

    • @faraway3032
      @faraway3032 2 ปีที่แล้ว

      @@nicksakha absolutely. I recently got a 2-20 license and am just getting into the industry. Still trying to figure out the best way to get started

  • @pinkypie9119
    @pinkypie9119 3 ปีที่แล้ว

    Too much talking and not enough info. Just filler

  • @karl-lo1up
    @karl-lo1up ปีที่แล้ว

    My dad fuckedup me