I found that the institution of life insurance was one of the sustaining pillars of our
American economy, and it was worthy of the attention of any prospect. After getting
thor­oughly saturated with all the knowledge pertaining to life insurance, I began to
study the prospect. Where does he fit in? Where is his place in this great network
of economic, social, and financial relations? I found that the whole system of life
insurance was set up for one purpose only, and that was to serve the needs of
the prospect. A life insurance policy was a declaration of financial independence,
embodying  guarantees that would solve the prospect’s family problems, help him
to solve his estate problems, help him to solve his retirement problems, and help
him to realize his hopes, am­bitions, and needs. The prospect was not aware
of all the wonderful things that life insurance could do for him. I must tell him.

In creating this Sales Plan for life insurance, I felt I had  a lot in common with
the prospect. I knew he had a family, a home, a job, and, in all probability, a lot
of unfulfilled de­sires. I appreciated one great fact about the prospect: he was a
rational human being with problems and needs and would listen to an appeal on
how to meet them, based on common sense and reason.

Therefore, with a good understanding of life insurance, and with the prospect
as the center of interest, I fitted a life insurance policy about his shoulders. I made
it talk. I made  it reveal its benefits and what they meant to him and his family.
This is the Sales Plan I created. In this Sales Plan I refer to the prospect as “Mr. Doe”
and the insurance com­pany as “Every Man’s Life Insurance Company’

In making an analysis of these causes and interests, we
discover that they may be influenced by certain advantages
and the effect they have on the life of the prospect:

First: The first advantage that the prospect desires is hap-
piness or peace of mind. The prospect derives great satisfac-
tion from what he buys. His purchases buoy him up. He
feels that he is really doing something worth while.

Second: The second advantage the prospect desires is the
gain of health. He places a great value on this because it is
his greatest and most important asset, and he will buy almost
anything if he is convinced that it will improve and safe-
guard his own health or his family’s.

Third: The third advantage he desires is a gain of money
or wealth. The prospect realizes that it is necessary to spend
money to earn money. Therefore, he will buy those things
on which he can make money or those that he can resell and
make a profit.

Thus you have a direct road to the prospect’s interest, a
direct road to the sources of his decision to buy, and a road
map of the advantages by which you can attract him. You
have a psychological background. This is the foundation on
which to create a scientific sales presentation. With this
scientific knowledge and information about the prospect,
you can create thoughts and ideas from within that will at-
tract him, and, by gaining his confidence, you can sell him
your particular product. Thoughts about the thing you want
to sell, built around his interests, his needs, and his wants,
and believed in by you, will convince him to buy.

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After distinguishing the nature of the sources that control
the prospect’s acts to buy, you must uncover the situations
that prompt them. The first source that motivates a man to
buy is interest. Man has many interests, but sift them all
down and you find that he has three main interests in life.
On these three interests are based most of his reasons for
buying:

First: The first interest in a prospect’s life is his family.
He buys things to aid them and to give them comfort and
good living.

Second: The second interest in a prospect’s life is his vo-
cation or business. He buys things to resell, things to use in
his own operations, or things that help him to be more ef-
ficient in his activities.

Third: The third interest of a prospect is to add comfort
and pleasure to himself and to satisfy his own personal
wants.