Rants and Gems #157 This Business Makes More Millionaires Than Real Estate
Rants & Gems Real Estate Podcast
EYL Network
4.9 • 1.3K Ratings
🗓️ 3 December 2025
⏱️ 47 minutes
🧾️ Download transcript
Summary
In this episode we break down why the life insurance business quietly creates more millionaires than real estate and how you can get in the game from scratch.
My guest, Ellis Suazo, is the Co-Founder of The Wealth Academy and a top leader with PHP Agency in Atlanta. He went from corporate America to building a multiple six and seven-figure business in life insurance, leading an agency and developing new agents into top producers.
In this conversation we cover:
– Why life insurance has more millionaire earners than most sales careers
– What it really takes to get licensed and start closing deals
– The exact math to get from $0 to $100K, $500K, and $1M
– How to get leads without begging friends and family
– Building an agency, overrides, and true passive income
– The biggest mistakes new agents make and how to avoid them
Guest Info:
Name: Ellis Suazo
Brand: The Wealth Academy
Email: ellis@wealthacademy.us
Instagram: @mrwealthacademy | @wealthacademynetwork
Location: PHP Agency Atlanta | Life Insurance & Leadership Development | ATL
If you’re thinking about getting into the life insurance business or you’re an agent who’s stuck and wants to scale, watch this whole episode and take notes.
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Transcript
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| 0:00.0 | Okay, guys, welcome back to the channel. |
| 0:04.5 | Today we're going to talk about a business that is making more millionaires than real estate. |
| 0:10.7 | Yes, there are actually other industries out there that you guys can get into and make a killing. |
| 0:18.5 | And it's not just about real estate. |
| 0:20.4 | You know, I told you guys early in the |
| 0:22.0 | year that i want to do more content um around different areas to where you guys can make money right |
| 0:30.0 | where this loan officer real estate agent you know we had my guy mike on earlier um i think |
| 0:37.2 | last month we had Mike on. |
| 0:38.6 | He was talking about how to become a home inspector. |
| 0:41.2 | So today we're going to talk about life insurance, right? |
| 0:45.0 | Now, online, we always see life insurance content online where people are always |
| 0:49.7 | speaking about how to be your own bank, you know, et cetera, et cetera. |
| 0:54.4 | But I rarely see content out there where folks are teaching you how to get into the life |
| 1:02.5 | insurance industry. |
| 1:03.8 | What are the requirements? |
| 1:05.6 | And how can you really make money? |
| 1:07.5 | So today I'm bringing on one of my good guys, man. This guy and his wife, |
| 1:15.2 | they are crushing it. You're going to meet Jasmine in 2026 on the channel too. But my guy, |
| 1:22.3 | Ellis, he's been in this industry for years. They headquartered in Atlanta. But I'm going to let |
| 1:27.4 | him get into it and let |
| 1:28.9 | him tell you about himself. But I want you guys to give some love to my brother, Ellis. Ellis, |
| 1:35.3 | I'm going to bring him to the stage right now. Alice, what's going on? My brother. How are you today? |
... |
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