Insurance Business Babes
It's time to Give up...to Grow Your Business
December 25, 2023
In this episode of the Insurance Business Babes podcast, hosts Kathe Kline and Joanna Wyckoff dive into the topic of "giving up" certain things in order to grow your business. They emphasize that this is not about giving up in a negative way, but rather about letting go of clients, tasks, or habits that are not serving you well. Kathe shares a personal story about how she decided to give up a difficult client as a financial advisor. This client was berating her assistant, and Kathe realized that continuing to work with them was not a good use of her time. This example highlights the importance of recognizing when certain clients are not providing enough value in return for the time and effort invested. Joanna agrees and expands on this idea by discussing her own experience with releasing over 100 agents last year. These agents were causing issues and taking up too much of her time. However, she was able to rebuild her downline to over 200 agents who respect her time more. This demonstrates the positive impact of cutting ties with clients or agents who are not contributing to the growth and success of your business. The hosts also delve into the changing expectations of clients in today's constantly connected world. They talk about the entitlement some clients feel to immediate responses at all hours due to cell phone connectivity. To maintain a healthy work-life balance, both Kathe and Joanna have made the decision to cut off work communication after hours. They emphasize the importance of setting boundaries and prioritizing personal time. Additionally, they discuss the need for agents to self-educate more through recorded trainings, rather than constantly relying on personal assistance. Kathe suggests Joanna set up a paid service, such as Clarity, to charge agents for assistance outside of her core downline. This would help Joanna better value her time and ensure that agents appreciate the value of personal assistance. Finally, they touch on the idea of dropping unprofitable tasks. Joanna considers obtaining an LOA to help with enrollments for drug plan clients affected by rate increases. This shows the importance of reassessing tasks and focusing on those that contribute to the growth and profitability of the business. In conclusion, Kathe and Joanna encourage listeners to identify what they need to "give up" or let go of in order to optimize their business and better value their own time. They emphasize that cutting unnecessary tasks and clients is essential for growth and success.
💼 Are you ready to take your business to the next level? Then you NEED to listen to the latest episode of the Insurance Business Babes podcast, where Kathe Kline and Joanna Wyckoff reveal the crucial secret to success: "Giving Up"! 💥

🔓 But before you think this is about negativity, let me clarify: Kathe and Joanna are talking about letting go of certain clients, tasks, or habits that are holding you back. They've got some eye-opening stories that will make you rethink your business strategy! 🤔

💔 Kathe shares an incredible story about how she broke free from a difficult client who was constantly berating her assistant. She realized that she was wasting precious energy, and decided it was time to cut ties and focus on what truly matters. 💪

💼 Joanna, on the other hand, took a huge leap last year and released over 100 agents who were causing more trouble than they were worth. But guess what? She rebuilt her downline to an impressive 200 agents who respect her time and efforts! Talk about a power move! 💥

📱 In this era of constant cell phone connectivity, client expectations have reached a whole new level. Some even feel entitled to responses at all hours! 🕒 But both Kathe and Joanna are mastering the art of work-life balance by cutting off work communication after hours. Your sanity will thank you! 😌

🔊 Joanna shares some mind-blowing examples of agents who expected her undivided attention for minimal production. 🤯 But hey, agents, there's a better way! Kathe suggests setting up a paid service, to charge for assistance outside of her core downline. Time is money, folks! 💰

💼 As the conversation heats up, they dive into dropping unprofitable tasks, like those standalone drug plan appointments (if they aren't already Medigap clients). Joanna wonders if getting an LOA to help with them and capture some of the supplement plans might be in order. 👏

🚀 So, my fellow business professionals, it's time to take action! Kathe and Joanna want you to identify what you need to let go of in order to skyrocket your business and truly value your own time. 💥 Cutting unnecessary tasks and clients is the secret to unstoppable growth! 📈

🎧 Don't miss out on this game-changing episode! Tune in now to the Insurance Business Babes podcast and get ready to conquer the world of business! 🌟

Joanna Wyckoff from Topflightagent.com and Kathe Kline from CertifiedMedicareAgents.com talk about building a Medicare Insurance Agent business. (Use the code Babes2024 to get a free Bronze membership in the CertifiedMedicareAgent.com directory).