The retired insurance executive and creator of several successful businesses helped to craft a new essay outlining how small business owners can find balance between their career and their personal life.
Michael Kosloske, a retired insurance industry executive and the founder of multiple successful businesses, is proud to announce that he has co-authored a new article discussing how entrepreneurs and small business owners can find a better semblance of balance in their busy lives. The article was published by an online periodical that deals with business, finance, and all matters relating to startup culture on September 19, 2022.
In one important segment of the text, Michael Kosloske extols the many virtues of delegation, writing, “One of the best ways to balance your time is to delegate tasks to other people. If you’re trying to do everything yourself, you will quickly become overwhelmed and bogged down with work. Instead, learn to delegate tasks to others who can help you achieve your goals. This could include hiring an assistant, partnering with another business, or outsourcing some of your work. By delegating tasks, you can focus on the most critical aspects of your business and free up your time. This will allow you to be more productive and efficient in your work.”
In another notable section of the article, Michael encourages the readership to strive for the attainable. “Setting realistic goals for yourself, both in terms of what you hope to achieve and how much time and energy you’re willing to commit, is essential. While pushing yourself to reach new heights is always good, over-committing can lead to burnout, disappointment, and even failure. When setting goals, be realistic about your abilities and assess the amount of time and effort you can put in,” he states, before addressing another crucial trait in entrepreneurs. “Flexibility is also essential; if your goal is more complex than anticipated, don’t be afraid to adjust it accordingly. By being realistic and maintaining a healthy balance, you’ll be more likely to achieve your goals and feel good about doing so.”
About Michael Kosloske:
Michael Kosloske is originally from Rockford, Illinois. He attended Florida State University, graduating with a degree in Risk Management and Insurance in 1986. Although currently retired, Michael was the Founder of one of the premier health insurance companies in the industry, Health Insurance Intermediaries, LLC.
Having been born into a family that had been leaders in the industry for years, Michael developed an affinity for health insurance, and he felt that pursuing a career in that realm was a natural fit. Before entering into the industry himself, he had already devised a strategy to create a scalable online platform to bring health insurance consumers, agents, and carriers together to facilitate much more efficient transactions.
In 1987, he accepted the role of President of Health Plan Administrators, a third-generation family business. In 1998, Michael purchased 100% of that company, immediately shifting its focus to fully insured niche individual health insurance sold online. Over the next few years, he developed more than 20 health insurance blocks insured by many carriers and ranked in the top ten across the globe. In 2003, Michael founded Health Plan Intermediaries, LLC. In 2005, he sold Health Plan Administrators to Independence Holding Co., whereupon he became the Divisional President until 2007.
In 2008, he founded Health Plan Intermediaries, LLC, which conducted business under the name Health Insurance Innovations, LLC. That company merged with Naylor Group Partners in 2008. A scant three years later, Michael Kosloske purchased the Naylor Group Partner ownership portion of Health Insurance Innovations, LLC, emerging as the sole share owner.
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SOURCE: Michael Kosloske