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Black Wealth Renaissance

EP: (211) - Life Insurance Legacy - From $1700 to Million Dollar Agency (Guest: Chris & Erika Cobb)

Black Wealth Renaissance

REVOLT

Business

4.81.1K Ratings

🗓️ 24 January 2024

⏱️ 114 minutes

🧾️ Download transcript

Summary

Welcome to another empowering episode of the Black Wealth Renaissance Podcast! In Episode 211, we delve into the remarkable journey of Chris and Erika Cobb, the founders of Chosen Agency. From the streets of Hartwell, Georgia, and the world of engineering to the bustling insurance sector, the Cobbs' story is a vibrant canvas of ambition, adaptability, and entrepreneurial brilliance. Join us as we explore how this power couple transformed their challenges into a groundbreaking online insurance agency, redefining the norms of life insurance sales and setting new benchmarks in the digital age. Chris and Erika Cobb's inspiring narrative is a testament to the power of partnership, innovation, and relentless pursuit of financial independence. Key Moments 1:41 - Guest Introduction: Meet Chris and Erika Cobb and learn about their backgrounds and unique journey into life insurance. 8:50 - The Journey Into Insurance: Discover how Chris and Erika started selling insurance door-to-door and their strategic pivot to social media marketing. 18:10 - Financial Struggles and Triumphs: Uncover the financial challenges they faced during their initial phase and their breakthrough to significant revenue milestones. 24:00 - Understanding Insurance Sales: Dive into the intricacies of how insurance agents make money and the dynamics of sale splits in the industry. 33:58 - Building Chosen Agency: Hear about the Cobbs' transition from working within an agency to establishing their own and overcoming hurdles. 37:48 - Term vs. Whole Life Insurance: Explore the differences between Term and Whole Life insurance policies and the misconceptions surrounding them. 43:30 - Questions to Ask When Buying Insurance: Delve into the important questions consumers should ask before purchasing life insurance and the DIME method for determining coverage. 51:42 - Life-Changing Impact of Life Insurance: Discuss how life insurance transformed the Cobb family’s life and their perspective on wealth. 56:08 - Standing on Business (Sponsored by PSBS): Focus on business acumen and development sponsored by PSBS. 1:01:41 - Closing Questions: Wrapping up the episode with engaging questions that delve deeper into the Cobbs' future goals and personal insights. Don't forget to subscribe, rate, and review the Black Wealth Renaissance podcast! Your support and feedback help us grow and bring more enriching content to you. Stay tuned for more episodes where we blend urban insights with financial expertise. Leave Us A 5 Star Rating & Review ⭐️⭐️⭐️⭐️⭐️ If you're interested in advertising on the Black Wealth Renaissance podcast, please email [email protected] for further inquiries. 📧 For Business Inquiries: [email protected] ★Subscribe on YouTube Black Wealth Renaissance - YouTube Keep Up With the Guest https://www.instagram.com/chriscobb_chosen https://www.instagram.com/erikacobb_chosen Keep Up With the Hosts David Bellard https://instagram.com/david_bellard https://twitter.com/daviddagoliath_ Jalen Clark https://instagram.com/_jclark06 https://twitter.com/jefeklap Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Throw a red carpet down the drive, rope off your front gate, and tip off the paparazzi because you could have a VIP.

0:07.0

A very important postcode. In our February draws, players in the winning postcode will each win 12,000 pounds every month for 12 months and get to enjoy an unforgettable experience enabled through our charity partners.

0:19.0

Sign up before midnight tonight to play with people's postcode lottery where good things come knocking.

0:25.0

PPL managed lotteries on behalf of good causes.

0:27.0

18 plus conditions apply, play responsibly, not available in Northern Ireland.

0:31.0

Spark your creativity with the Sims. Sometimes you might feel like you're not

0:36.6

creative and you have to go in search of your creative spark again. Maybe this is

0:41.1

catching up with creative friends experimenting with a new look or trying out a new recipe.

0:46.3

And thanks to The Sims, Inspiration is just one game and one spark away.

0:51.6

Ready to spark something.

0:53.2

Download The Sims 4 and play for free. I roll the dice shit if I lose gonna be shaken back

1:03.3

because lessons learn within the laws just elevate the fact that trial and error just

1:07.8

the only way ain't no escaping that I wake up hit a hundred push-ups

1:11.8

then I'm at my route check on my stocks see how they

1:14.4

look then I'm sliding out when you start seeing your progression you stop having

1:18.6

doubts and what's the point I haven't clout you can't cash it out truth of this game but not my life for a

1:24.3

feel like we finish in the cycle a that's most success you know we're driving a

1:28.9

that's more the pressure for our rivals a good teacher could teach a lesson on survival,

1:33.2

eh, you know what the wealth builders, it's your boy David Bellard,

1:36.6

one of the founders of the Black Wealth Renaissance. I'm here with my brother from another.

1:40.1

Jeline Clark, what's popping, brother?

1:41.8

What's good, what's good, j'all your boy, Jayler, brother? What's good?

...

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