Episode from the podcastSaaS Interviews with CEOs, Startups, Founders

EP 460: One Man Agency Does $500k Recommending Health Plans with Michael Chapman

Released Thursday, 27th October 2016
Good episode? Give it some love!
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.


Resources Mentioned:
  • 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.
  • Facebook – Mike’s Facebook account
  • TheMedicalInsuranceExchange.com – Mike’s website
  • Show Notes provided by Mallard Creatives

Episode Reviews

This episode hasn't been reviewed yet. You can add a review to show others what you thought.

This podcast, its content, and its artwork are not owned by, affiliated with, or endorsed by Podchaser.
Rate Episode

Share This Episode

Recommendation sent

Join Podchaser to...

  • Rate podcasts and episodes
  • Follow podcasts and creators
  • Create podcast and episode lists
  • & much more

Episode Details

Length
20m 10s
Explicit
Yes
Episode Type
Full

Episode Tags

Do you host or manage this podcast?
Claim and edit this page to your liking.