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Building Wealth Through Business with Joe Tomonevich

May 17, 2025

Building a Business and Creating Wealth with Joe Tomonevich

Introduction

  • Presenter: Joe Tomonevich
  • Objective: Teach how to build a business, create wealth, and generate passive income.
  • Background: Made his first million before 30 in financial services.

Financial Services Industry

  • Significance: Most millionaire creators in modern times.
  • Components: Banks, insurance companies, investors.
  • Notable Figures: Ed Mylett, Warren Buffett.

Important Considerations

  • Not a Quick Rich Scheme: Industry is highly regulated.
  • Requirements: Pass a background check and obtain an insurance license.
  • Commitment: Requires serious dedication and hard work.

Partner Company: Globe Life

  • Details:
    • Official life insurance company of Dallas Cowboys.
    • Ranked #9 insurance company globally.
    • More policies in force than any other company.
    • Major investor: Warren Buffett.
    • Stock exchange symbol: GL.

Revenue Generation Process

  1. Lead Generation
    • Advertise on Facebook and Google.
    • Capture leads interested in life insurance.
  2. Sales Process
    • Virtual presentations using Zoom.
    • Use state-of-the-art sales scripts.
  3. Sales Closure
    • Average earnings: $700 per sale.
    • Sales achievement: 3-5 sales/week (average), 10-15 sales/week (top reps).
    • Personal best by Joe: 140 sales in one month ($200,000 personal sales, industry record).

Building a Business

  • Model: Franchise business with Joe as a partner.
  • Training Provided:
    • Hiring and training sales reps.
    • Managing a sales team.
    • Building a profitable business.
  • Financials:
    • No buy-in fees.
    • Franchise owner earnings: $300 per new policy.
    • Example: Team of 5 agents each making a sale/day yields $7,500 weekly.

Realities of Success

  • Challenges: Requires hard work, dedication, and consistent effort.
  • Opportunities: Free information is available but few act on it.

Next Steps

  • Call to Action: Partners with drive and dedication are sought.
  • Getting Started: Fill out the provided form to begin the process.