Brandon Bowsky
👤 SpeakerAppearances Over Time
Podcast Appearances
10 people a day, the average one of those plans will be worth somewhere around $350, $400, depending on your commission levels, contracts. Let's even round down to $300. you got three grand a day coming in. Your cost was a hundred bucks per. So you've got $2,000 a day in profit as an independent guy just sitting in his bedroom selling health insurance.
10 people a day, the average one of those plans will be worth somewhere around $350, $400, depending on your commission levels, contracts. Let's even round down to $300. you got three grand a day coming in. Your cost was a hundred bucks per. So you've got $2,000 a day in profit as an independent guy just sitting in his bedroom selling health insurance.
And a health insurance license, a couple hundred bucks to get. So you go do that, you spend two weeks studying, you take the test, you're out the door. You start your own agency so you have a business for write-offs. And again, 40 grand in a month. You do that for three months, you have 120 grand. Most people, their households make a hundred grand a year now. Dual income households.
And a health insurance license, a couple hundred bucks to get. So you go do that, you spend two weeks studying, you take the test, you're out the door. You start your own agency so you have a business for write-offs. And again, 40 grand in a month. You do that for three months, you have 120 grand. Most people, their households make a hundred grand a year now. Dual income households.
So if you've got that 120 grand and it's all residual income and you're answering the phone, answer some questions for your clients and be a good guy, whatever, you've got the rest of the year to play around and figure out what you want to do next or pick up a new hustle or something else.
So if you've got that 120 grand and it's all residual income and you're answering the phone, answer some questions for your clients and be a good guy, whatever, you've got the rest of the year to play around and figure out what you want to do next or pick up a new hustle or something else.
And that's why I like the don't quit your day job, but also do something that creates recurring income because the recurring revenue model, it's great if it's profitable and insurance is a highly profitable way to do it. So I like that as a vehicle to get started because I've seen it work for so many people and I've taught so many people how to become millionaires doing it.
And that's why I like the don't quit your day job, but also do something that creates recurring income because the recurring revenue model, it's great if it's profitable and insurance is a highly profitable way to do it. So I like that as a vehicle to get started because I've seen it work for so many people and I've taught so many people how to become millionaires doing it.
That's a terrible question to ask me. I try to invest in as little things as possible other than myself. I try to stay pretty liquid or I buy assets that I enjoy because I think happiness ROI is really important. Like being able to get happiness on the money that you spend.
That's a terrible question to ask me. I try to invest in as little things as possible other than myself. I try to stay pretty liquid or I buy assets that I enjoy because I think happiness ROI is really important. Like being able to get happiness on the money that you spend.
So for me, it might be having a few nice cars or a really nice house or maybe five houses in different places and being able to travel. Those things make me happy and are good investments for me because the happier I am, the better I perform and not everybody's like that. And obviously not everybody has the same money to play with.
So for me, it might be having a few nice cars or a really nice house or maybe five houses in different places and being able to travel. Those things make me happy and are good investments for me because the happier I am, the better I perform and not everybody's like that. And obviously not everybody has the same money to play with.
I think when you're making your first bit of money, I personally believe high yield savings if you are somebody who can repurpose that money. So a lot of people don't think about how to repurpose money. They just think I have money in a bank and it's going up and that's good. Not necessarily because the value of the dollar has been going down lately.
I think when you're making your first bit of money, I personally believe high yield savings if you are somebody who can repurpose that money. So a lot of people don't think about how to repurpose money. They just think I have money in a bank and it's going up and that's good. Not necessarily because the value of the dollar has been going down lately.
So you can put it into like an S&P and try to battle inflation or an index fund or something like that, which is fine. You can put it in a high yield savings. Again, try to battle part of inflation. That's fine. But I think people should always be looking for what the next thing is and just be open to different ideas.
So you can put it into like an S&P and try to battle inflation or an index fund or something like that, which is fine. You can put it in a high yield savings. Again, try to battle part of inflation. That's fine. But I think people should always be looking for what the next thing is and just be open to different ideas.
Like you've talked about franchises to me where I've been like, hmm, it's actually not a terrible idea. That could be a good idea. And for some people, it would be. And for other people, real estate's a good idea. Some people are naturally more risk tolerant and trading might be good for them. I personally will not trade at all.
Like you've talked about franchises to me where I've been like, hmm, it's actually not a terrible idea. That could be a good idea. And for some people, it would be. And for other people, real estate's a good idea. Some people are naturally more risk tolerant and trading might be good for them. I personally will not trade at all.
My buddy convinced me to put 300 grand into a crypto project last year. It wasn't like a meme coin. It was like a real project. I mean, it was WorldCoin backed by OpenAI. Took a freaking bath on it. I threw another 100 grand in. Still, I'm taking a bath. And I think it's less than half of what I put into it. I mean, it's a terrible, terrible situation.
My buddy convinced me to put 300 grand into a crypto project last year. It wasn't like a meme coin. It was like a real project. I mean, it was WorldCoin backed by OpenAI. Took a freaking bath on it. I threw another 100 grand in. Still, I'm taking a bath. And I think it's less than half of what I put into it. I mean, it's a terrible, terrible situation.