In this episode of Simply Business, host John Jennings sits down with Bob Beatrice, President of Beatrice Insurance Agency, which specializes in employee benefits and health insurance. Bob shares his journey of leaving his family’s insurance business to start his own agency 12 years ago, with his father’s encouragement. He reflects on the challenges of working with family, navigating industry changes, and building a successful business from the ground up.
Bob also offers valuable insights into the importance of embracing change and empowering teams, explaining how trust and delegation have been key to his agency's growth. He discusses the future of the health insurance industry, his niche focus on restaurants and hospitality groups, and the role of trusted advisors in running a successful business. Whether you’re a business owner, leader, or entrepreneur, Bob’s story is full of lessons on growth, leadership, and adapting to new opportunities.
Key Takeaways:
- The challenges and rewards of going independent from a family business
- The importance of empowering your team and learning through mistakes
- Navigating changes in the health insurance industry
- Balancing personal growth with business success
Tune in for an insightful discussion that offers real-world lessons in leadership, resilience, and business ownership.