Perhaps one of the biggest challenges facing people today is how to juggle home, life, and work successfully. For many, online jobs are attractive because they offer the freedom of self-employment at home, but sadly provide little financial security. There is no shortage of affiliate marketing opportunities, but what if you don’t have a high-traffic website? Pitfalls abound, commission rates can be low, and one always has to watch out for pyramid schemes. Thankfully, it is possible to find work from home jobs that can grow into a six-figure online business. You just have to know where to look, put in the time, and persevere. One great example is building a virtual insurance agency from the ground up.
What Work from Home Jobs Require
Working from home, while it may seem like fun, is still work. You have to be self-disciplined and be able to hold yourself accountable. Your success depends on you. If you are easily distracted or not the least bit conscientious then maybe working from home isn’t for you. On the other hand, if you the determination, drive, and perseverance to write your own success story, then starting your own online business can be a rich and rewarding experience. It can pay high dividends to those willing to invest in themselves.
Benefits of Owning a Virtual Insurance Agency
When working from home, consider the advantages of positions such as online insurance agency managers. What other opportunity offers you the potential for a six-figure income while still leaving you the time to:
- Spend with family and friends
- Raise your kids
- Finally go back to college
- Visit exotic travel destinations
Running your own agency also provides you with the opportunity to build a team around your principles and vision. Recruit your family and friends to share in that success. Later, when you choose to retire, you can either sell your business or pass it to down to your children.
Running a Virtual Insurance Agency: A Day in the Life
Of course, operating your own online insurance agency, as with many other work from home positions, has its challenges. Depending on your state’s laws, you may have to get a license, but this too can be done online. You’ll have to tough it out before you really start to see those commission checks come in. The average dropout rate for life insurance agents in their first year hovers around 90%. Having an online agency doesn’t change this. You’ll be paid straight commission.
Plus, it can be difficult to find qualified customers, and you’ll be selling a product that is inherently hard to sell. Very few people like to think about their own mortality and even fewer plan for it. After all, we’re not talking about a flashy impulse buy like a new car or that brand new iPhone. However, the commission percentages for life insurance agents are the highest in the insurance industry and much higher than those offered through your average affiliate marketing program.
Passive income comes in the form of monthly commission renewals for as long as the policy is in force. You’re free to choose the direction your online business takes as you can concentrate on recruiting, managing, or consulting. Furthermore, Virtual Financial never locks you into a captive contract; instead, you’re free to run your agency however you wish, serving whomever you wish. It’s part of the freedom of work from home jobs like this one.
Connect with Silk City Recruiting
Silk City Recruiting is licensed in New Jersey and Arkansas to provide recruitment marketing for Virtual Financial nationwide. They have been transforming the life insurance industry since 2014 and offer greater genuine potential than many other work from home jobs. If you’re looking for more than just a way to make money online then why not start your own online business that you control? Running a virtual insurance agency isn’t for everyone, but the personal and financial rewards are substantial.
About the Writer
Richard Zaengle is the CEO of the Silk City Media Group providing recruitment marketing services and other content focused on digital marketing, entrepreneurship, insurance, and other financial services.