Power Producers: Make it a Financial Discussion

In this episode of The Power Producers Podcast, David Carothers and co-host Kyle Houck talk about how to use a financial discussion with your client or your prospect to make your point and drive the wedge. 

Episode Highlights:

David shares a place where you can learn and collaborate with other agents in the Power Producers Mastermind. (1:16)

David recalls an experience with a plumbing contractor. (04:58)

David explains that if you can assume a revenue threshold, and assume a profit margin on a company, it can create opportunities for conversation. (11:27)

David shares that most high mod companies would pay for the total cost risk. (13:42)

David and Kyle share their experiences in math and calculus back in the day. (14:21)

David explains that operational discussion or working operations with your client and not focusing on the insurance is what separates you from the others. (16:17)

David shares how he was able to help a hotel business to be able to have better efficiency. (19:23) 

David explains that the right clients and prospects find interested people interesting. (22:12)

Tweetable Quotes:

"If you can go in and assume a revenue threshold, and assume a profit margin on a company, that opens the door for you to have some pretty interesting conversations." - David Carothers

"In most cases, if you go into a company that's a high mod company, you're going to find that they're working three or four months a year just to pay for the total cost of risk." - David Carothers

"The right clients and prospects find interested people interesting, period. It's a proven fact if you're interested in them, they're going to be interested in you and what you're doing." - David Carothers

Resources Mentioned:

David Carothers

Kyle Houck

Power Producers Mastermind

Florida Risk Partners

The Extra 2 Minutes

In this episode of The Power Producers Podcast, David Carothers and co-host Kyle Houck talk about how to use a financial discussion with your client or your prospect to make your point and drive the wedge. 

Episode Highlights:

David shares a place where you can learn and collaborate with other agents in the Power Producers Mastermind. (1:16)

David recalls an experience with a plumbing contractor. (04:58)

David explains that if you can assume a revenue threshold, and assume a profit margin on a company, it can create opportunities for conversation. (11:27)

David shares that most high mod companies would pay for the total cost risk. (13:42)

David and Kyle share their experiences in math and calculus back in the day. (14:21)

David explains that operational discussion or working operations with your client and not focusing on the insurance is what separates you from the others. (16:17)

David shares how he was able to help a hotel business to be able to have better efficiency. (19:23) 
David explains that the right clients and prospects find interested people interesting. (22:12)

Tweetable Quotes:

"If you can go in and assume a revenue threshold, and assume a profit margin on a company, that opens the door for you to have some pretty interesting conversations." - David Carothers
"In most cases, if you go into a company that's a high mod company, you're going to find that they're working three or four months a year just to pay for the total cost of risk." - David Carothers
"The right clients and prospects find interested people interesting, period. It's a proven fact if you're interested in them, they're going to be interested in you and what you're doing." - David Carothers

Resources Mentioned:

David Carothers
Kyle Houck
Power Producers Mastermind
Florida Risk Partners
The Extra 2 Minutes