Young SG entrepreneur celebrates first anniversary
Having begun his business in a down economy, 28-year-old entrepreneur Derek Eastman is a prime example of how hard work and determination can defy surrounding financial storms and how a beginner can become a winner.
Eastman, a college graduate, poured concrete during college and for a living for two-and-a-half years. He wanted an occupation in which he would use his strong desire to see lives change for the better. One year after becoming an insurance agent, he has acquired 350 clients.
“I am very blessed to be able to operate my own business and surround myself with great people at the same time,” Eastman said.
His business, in Sugar Grove, provides auto, home and life insurance. His company also provides retirement accounts and mutual funds.
Eastman began with zero clients on April 1, 2008, and now has a three-person office and is looking to continue his expansion of developing young professionals. As he makes plans for his first anniversary, he is proud to have worked hard and attained a strong client base. He is currently bringing on board another employee, a bilingual associate who he will train from the ground up to become a licensed agent representing the Hispanic population with integrity.
Eastman is a licensed State Farm insurance agent. He found the company to be the most client-friendly and focused company that he explored. He said his colleagues are good people with the same objectivesâ€”to help others and improve their lives.
“I view myself as an educator, not as in insurance salesman,â€ Eastman said. â€œIt is my job to present all insurance options to my clients, providing them with the best coverage for the most economical price.”
Eastman tells of many new clients he has found to be under-insured, but one in particular stands out. This client has a $1 million home, a wife, two children, but had only $50,000 in auto liability insurance. Had he had an accident and become liable, he could have lost everything. Today this client and many others are able to sleep at night knowing they have the protection their family deserves, he said.
Eastman provides a free insurance review and promises to faithfully do annual reviews.
“Our lives change constantly and coverage should match those changes,â€ Eastman said. â€œWe may marry, have children, start a business, incorporate, plan for college education or perhaps plan for retirement.
â€œIt is my job to keep my clients’ changing lifestyles in mind and help them remain safe and secure,â€ Eastman said.