Embracing the Ownership Advantage: Insights from Insurance Expert Donna Fore

In the latest episode of The Ownership Advantage, host Tanner sits down with Donna Fore, an experienced insurance agent with Mutual of Omaha. Donna brings her unique perspective as a veteran of the US Air Force and insurance industry expert to discuss essential topics for business owners and individuals alike. In this post, we dive deeper into the valuable insights shared by Donna, exploring the importance of insurance for small businesses, lessons from a military career, and the mindset needed to overcome challenges in life and business.

The Importance of Insurance for Small Businesses

Insurance is a critical component of safeguarding not just individuals but also businesses. Donna, with her decade-long experience in the insurance industry, emphasizes that many small business owners overlook the necessity of insurance due to misconceptions about its cost and complexity. However, she asserts that insurance is generally more affordable than people assume and vital for protecting businesses and families.

One growing trend is providing insurance through business benefits to attract and retain quality employees. By offering group plans, businesses can reduce costs and provide employees with permanent policies that travel with them throughout their careers. Not only can this strategy enhance employee satisfaction, but it can also reduce turnover, ultimately benefiting the company's bottom line.

Life Lessons from a Military Career

Donna spent 30 years in the US Air Force, where she learned invaluable lessons that continue to influence her approach to business and personal challenges. She highlights three key takeaways from her military career: resilience, teamwork, and facing fears.

The military teaches individuals to face daunting tasks with determination and grit, fostering a mindset of resilience that is vital in both personal and professional arenas. Donna shares that this resilience is essential for business owners who encounter inevitable ups and downs. By embracing challenges and learning from failures, individuals can grow and adapt, embodying a mindset that propels their business ventures forward.

Overcoming Challenges with Determination

Donna's journey from the Air Force to the insurance industry wasn't without its obstacles. Her path was shaped by unforeseen challenges, such as surviving the 9/11 attack on the Pentagon and a serious car accident. Despite these hurdles, her commitment to serving others drives her forward.

She explains how persistence and determination helped her successfully transition into the insurance field, even when faced with the challenge of establishing herself in a new location after moving from Virginia to Texas. For Donna, the key to overcoming adversity lies in maintaining a positive outlook and not giving up in the face of difficulties.

A Commitment to Helping Others

Throughout her career, Donna has remained dedicated to helping others protect their futures. She approaches her work with empathy and listens carefully to her clients' needs, crafting customized insurance plans that fit their unique situations. In one heartwarming example, her persistence in helping a client secure a permanent insurance policy ensured financial support during the pandemic, thanks to the cash value accumulated in the policy.

Donna's dedication to her clients extends beyond business transactions; she treats them like family and ensures they have the best protection possible. Her approach underscores the importance of building meaningful relationships with clients, ultimately leading to long-term success for both parties.

Conclusion: Seizing the Ownership Advantage

Donna Fore's journey and expertise provide invaluable insights for business owners and individuals striving to protect their futures. Her story reminds us of the importance of embracing challenges, remaining resilient, and building supportive relationships. By understanding the crucial role insurance plays in securing both personal and business interests, we can confidently navigate the path to success while ensuring long-term stability and peace of mind. Embrace the ownership advantage by learning from Donna's experiences and paving the way for a prosperous future.

Connect with Donna on LinkedIn

Check out the full episode on YouTube HERE

Listen to the full episode on Apple Podcasts HERE