Mike Chapman, an author, speaker and subject-matter expert for both healthcare and insurance matters. Listen as Mike talks about helping self-employed and small business owners take control of their health. Famous Five:
Favorite Book? – Approach
What CEO do you follow? – N/A
Favorite online tool? — Acuity
Do you get 8 hours of sleep?— No
If you could let your 20-year old self know one thing, what would it be? – “Make the leap—start a business earlier.”
Time Stamped Show Notes:
01:40 – Nathan introduces Mike to the show
02:10 – Why people should listen to Mike?
02:25 – “There are so many basic things that people can do that will save money and provide better options for healthcare”
02:37 – Mike is a consultant for small businesses and individuals. He’s also a broker
03:13 – Total revenue in 2015 is under $ 1 million
03:38 – Sometimes, Mike will hire people, depending on the season
04:04 – Average annual net profit
04:45 – Mike has been in the business for 15 years
04:54 – First year revenue
05:20 – Mike is a marketing guy
05:34 – Mike used to do SEO for insurance
06:13 – Goal for 2016 revenue
06:36 – How Mike gets paid
07:01 – Mike gets paid directly from his recommendation
07:43 – Mike recommends Nathan alternatives for healthcare providers
07:54 – Consider a small group plan or business plan
08:24 – A short term plan can get coverage for you
08:50 – Why do you get penalize for not having health plan?
08:53 – Part of Obamacare
10:02 – Mike would get 3% - 6% per plan
10:47 – September expenses
11:00 – Marketing expenses
11:30 – Mike had signed-up hundreds to thousands of people
11:40 – Mike is based in Texas
11:58 – Mike does speaking to increase his network
12:03 – Email and web marketing
12:20 – Mike has about 6,000 subscribers
12:40 – Connect with Mike through his Facebook and website
14:50 – The Famous Five
3 Key Points:
You can save money and have better healthcare—it just takes planning and discipline.
Entrepreneurship is the avenue to fulfilment.
You can hit two birds with one stone – maximize your resources and network.
Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn’t have to hire a co-founder due to quality of Toptal developers.
Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible.
Freshbooks – The site Nathan uses to manage his invoices and accounts.
Leadpages – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
Assistant.to – The site Nathan uses to book meetings with one email.