Get Rich as an Insurance Agent with AI in 2023

Table of Contents

1. Introduction
2. The Four-Step Model to Get Rich with AI
   1. Step 1: Get Volume
   2. Step 2: Get Quality with AI
   3. Step 3: Ensure Profitability
   4. Step 4: Scale it Up
3. How to Implement the Four-Step Model
   1. Use Facebook and Instagram Algorithms to Get Volume
   2. Filter Out the Bottom of the Barrel with AI
   3. Use an AI Assistant to Book Appointments
   4. Ensure Profitability with a Shorter Sales Process
4. How to Increase Time Efficiency with AI
   1. Use AI for Communications and Note Taking
   2. Create Shortcuts and Automations in Your CRM
   3. Implement a Shorter and More Efficient Sales Process
5. Conclusion
6. Highlights
7. FAQ

Get Rich with AI in 2023: The Four-Step Model

Are You a financial advisor or insurance agent looking to scale your business fast? Do you want to get rich with AI in the shortest amount of time possible? If so, then this article is for you.

In this article, we will Show you how to get rich with AI using a four-step model. This model has been used by Pavel Basino, Founder at Fondaco Media, to make 1.2 million dollars in his first year in business. It has also been used by over 600 insurance agents in the last two years to scale their businesses fast.

Step 1: Get Volume

The first step in the four-step model is to get volume. To do this, you need to use Facebook and Instagram algorithms to find a big volume of people that are looking for life insurance right now on the internet. Without enough people to start with, you won't be able to give enough volume to the AI, so it won't be able to create qualifications later down the line. You need a lot of people at first because quality exists only in the masses, and when you qualify volume drops. For this reason, you absolutely need to have enough volume from the start.

Step 2: Get Quality with AI

The next phase is to filter out the bottom of the barrel while keeping everyone who's got potential as a client. This is where the AI comes in. You need to create an AI assistant for financial advisors who will automatically reach out to your leads, answer objections, and follow up until your leads book a call with you or say they're no longer interested. This is huge because you used to have to call these leads manually, and maybe you were able to book 10 appointments a week in your calendar, but now with this AI Tool, during the time that you're booking 10, he's going to be able to book 20. And he's always learning, so he's continuously improving.

Step 3: Ensure Profitability

Once you have leads pouring in, appointments auto-booking with proper qualifications and expectations, you just need to make sure this is profitable so you can sustain it long term and, most importantly, scale it. If you've done everything correctly so far, you'll get appointments for 50 bucks, 70% show up rate, 33% closing rate, and an average of $1,500 sales commission per close. The goal here is to target the right audience with the right qualifications in Step 1 and 2. It's extremely important that you go above these basic conversion numbers or at least not under.

Step 4: Scale it Up

The last step is to scale it up. This process is extremely scalable and profitable since you don't have to prospect any clients, and you're making a minimum of 6.84 X ROI on your investment. Your next issue is how much work can you get done, and this is by far the hardest part of this process. You need to use AI for communications, emailing, note-taking on your appointments, and all of that. You can also learn how to create shortcuts and automations in your CRM. The whole goal of having an intelligent system is that it can work harder than you.

How to Implement the Four-Step Model

To implement the four-step model, you need to follow these steps:

Use Facebook and Instagram Algorithms to Get Volume

Use Facebook and Instagram algorithms to find a big volume of people that are looking for life insurance right now on the internet.

Filter Out the Bottom of the Barrel with AI

Create an AI assistant for financial advisors who will automatically reach out to your leads, answer objections, and follow up until your leads book a call with you or say they're no longer interested.

Use an AI Assistant to Book Appointments

After the people have booked a call, lead comes in AI contacts the lead within three minutes, books them into an appointment Based on all your qualifications, will answer questions for you, and also handle objections for you.

Ensure Profitability with a Shorter Sales Process

You need to implement a shorter and more efficient sales process so that you can move money along a lot faster and get rich faster using AI and your own client acquisition system.

How to Increase Time Efficiency with AI

To increase time efficiency with AI, you need to follow these steps:

Use AI for Communications and Note Taking

Use AI for communications, emailing, note-taking on your appointments, and all of that.

Create Shortcuts and Automations in Your CRM

Learn how to create shortcuts and automations in your CRM.

Implement a Shorter and More Efficient Sales Process

Implement a shorter and more efficient sales process.

Conclusion

In conclusion, getting rich with AI in 2023 is possible if you follow the four-step model outlined in this article. You need to get volume, get quality with AI, ensure profitability, and scale it up. You also need to increase time efficiency with AI by using AI for communications and note-taking, creating shortcuts and automations in your CRM, and implementing a shorter and more efficient sales process.

Highlights

• The four-step model to get rich with AI includes getting volume, getting quality with AI, ensuring profitability, and scaling it up.
• To implement the four-step model, you need to use Facebook and Instagram algorithms to get volume, filter out the bottom of the barrel with AI, use an AI assistant to book appointments, and ensure profitability with a shorter sales process.
• To increase time efficiency with AI, you need to use AI for communications and note-taking, create shortcuts and automations in your CRM, and implement a shorter and more efficient sales process.

FAQ

Q: Who is this for? A: This is for life insurance agents or financial advisors making between 5 to 40K per month.

Q: How much can I make with this system? A: If you've done everything correctly, you'll get appointments for 50 bucks, 70% show up rate, 33% closing rate, and an average of $1,500 sales commission per close.

Q: How do I implement the four-step model? A: You need to use Facebook and Instagram algorithms to get volume, filter out the bottom of the barrel with AI, use an AI assistant to book appointments, and ensure profitability with a shorter sales process.

Q: How do I increase time efficiency with AI? A: You need to use AI for communications and note-taking, create shortcuts and automations in your CRM, and implement a shorter and more efficient sales process.