Sunday, 23 October 2016

Earning big buck being an insurance agent, real estate agent or banker?

You may have notice the advancement of technology that eventually reduce the possibility of hiring someone to do the job. We are now even venturing to have a driverless car which back in the years, i still remember that my instructor told me that it would not be possible. I would say nothing is possible now as we can eventual replace robots to assist us in our daily lives and even to our job. Best thing is, they are able to work 24/7. Recently, i notice there is a technology that would be able to translate the person language through a earpiece that is plug to their ear. The earpiece will translate the foreign language to English or vice versa. Essentially, this reduce the demand of translator. More jobs are now replaceable. So, will this be the end of humans doing certain jobs?

I would say high possibility.

This would be possible when we have good quality education that makes everyone being able to understand things easily. Back to the financial and real estate industry, many of us would be familiar with most of the investment products that it can tell you the content of it without getting a representative. If you are very familiar with the financial sector, you would probably hear the same product being introduce by the representative agent from various companies. You would know that majority of them might preach to you without them really understand the product. Similarly for real estate sector, probably they would treat you before preaching on their product. So what do you as a potential investor on purchasing the investment product? You would prefer to do your own research and purchase it directly instead. You do not see them as really adding value to their intention to purchase it.

There are now apps or website that can offer you to do the transaction without getting any representative. So will this be the end of the career in this sector or probably lower their potential income? I would say there will not be complete removal of those jobs. Reasons? The type of business in their job plays with the humans emotions. Simply to say that humans prefer to be served and be well treated. If they play it right with their potential prospect, they got the deal. But in this instance, it would be a tough job for them. It would not be an instant deal anymore. It requires alot of time and effort because their customers would want them to follow their schedule to meet up. As you know customer would always use the same sentence: "Then why would i buy from you and give you the commission?"

This is very very common in this industry. It is a matter of how you handle them. I would say the era of earning big buck may slowly reduce which is similar to being Remisier. It used to be the one of the good jobs to earn money but as technology overtake them, traders or investors can trade at their own convenience. So i would suggest for whatever job you currently holding on to, please do something with your money. Let the money work hard for you. Sometime, certain jobs may become obsolete as technology takeover. This is an era where humans requires to keep upgrading their skills to ensure they are still in demand in the working world. Indeed, the word "lazy" should not be inside your personal goal.

LET THE MONEY WORK FOR YOU, NOT YOU WORK FOR THE MONEY THROUGHOUT YOUR LIFE.

Cheers!

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