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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
Lead Generation
Advertise on Facebook and Google.
Capture leads interested in life insurance.
Sales Process
Virtual presentations using Zoom.
Use state-of-the-art sales scripts.
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.
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Full transcript