Another example of IJ publishing a marketing piece under the guise of an “exclusive” news story. Maybe a new section could be devoted to editorial and promotional/marketing pieces so that we know where to find the real news v. the advertisements.
Come on folks. Insurance Journal is a “Trade” publication. The trade they serve is our industry INSURANCE. Not everything you will read in a trade publication is purely news…but it would (dare I say should) include other things of interest to our industry.
Also, remember that the best way to attract persons of knowledge is to allow them to promote their expertise or business.
I subscribe to other trade publications that serve the industries that I target as my client base…they do the same thing there.
I found this to be one of the most useful and fully thought out articles that has appeared in this journal. I would like to see more of them. News of large companies has no meaning to me. Voyeurism is the only reason to read about the crimes. But a meaningful, precise and consise analysis of a real topic is good to read. Keep it up.
Timing is everything. I sold an agency four years ago, after owning it for over fifteen years. Had I waited even six months the value would have dropped. You know the drill, companies merging, less carriers, higher volumn requirements, etc.
Not to mention developing a website, upgrading computers yet again. No regrets for me. Walk away when things are doing great, just like the article says, it great advice. Use a progressive payout plan. Unless you are really a martyr, don’t plan on staying longer than six months with the new owner. Also use a “pro” to set your price. By the way I am back “in the business”.
And yet again, a business broker who makes his income from sale transactions is encouraging more sale transations.
Another example of IJ publishing a marketing piece under the guise of an “exclusive” news story. Maybe a new section could be devoted to editorial and promotional/marketing pieces so that we know where to find the real news v. the advertisements.
Come on folks. Insurance Journal is a “Trade” publication. The trade they serve is our industry INSURANCE. Not everything you will read in a trade publication is purely news…but it would (dare I say should) include other things of interest to our industry.
Also, remember that the best way to attract persons of knowledge is to allow them to promote their expertise or business.
I subscribe to other trade publications that serve the industries that I target as my client base…they do the same thing there.
I found this to be one of the most useful and fully thought out articles that has appeared in this journal. I would like to see more of them. News of large companies has no meaning to me. Voyeurism is the only reason to read about the crimes. But a meaningful, precise and consise analysis of a real topic is good to read. Keep it up.
Timing is everything. I sold an agency four years ago, after owning it for over fifteen years. Had I waited even six months the value would have dropped. You know the drill, companies merging, less carriers, higher volumn requirements, etc.
Not to mention developing a website, upgrading computers yet again. No regrets for me. Walk away when things are doing great, just like the article says, it great advice. Use a progressive payout plan. Unless you are really a martyr, don’t plan on staying longer than six months with the new owner. Also use a “pro” to set your price. By the way I am back “in the business”.