Telmo Galvao, of Pawtucket, RI, was working in a convenience store when his life changed forever. “A Primerica rep came into the store and we started talking,” remembers Telmo. “He told me that I could make a great potential part-time* income that I could turn into a successful career, if I chose. I fell in love with the business immediately. I really believed that this business would work for me because I felt like the whole life industry wasn’t meeting the needs of its clients and I wanted to be a part of fixing that.”
Like many people, Telmo started building his Primerica business part-time. Then, a year after he started, he lost his $23,000 per year job – which turned out to be a blessing in disguise. “I felt sorry for myself for a month and then I called my upline and told him I was ready to go full-time in the business,” says Telmo. “My first year as a full time business builder, I earned more than $50,000. My second year, I went over $134,000!”
Today, Telmo is a proud Ring wearer (reps earn a Ring when they reach $100,000 in income within a single 12-month period) with a newly added third diamond.** Reps earn diamond accents to add to their Rings each time they earn an additional $100,000 in income within a single 12-month period.
“There are lots of things I can do now for my family that I never could have done if I’d stayed at my job,” smiles Telmo. “Because of Primerica, I am able to financially help my family here and also in my native Cape Verde Islands. I also have the potential to qualify to pass my business on to generations to come.*** Where else can you have the chance to accomplish all of this but Primerica?”
Congratulations, Telmo! Your hard work and dedication to changing lives in your community has helped you to change your own at the same time. Amazing job!
*In Canada, the part time opportunity is not available in all jurisdictions and, where it is available, is subject to certain restrictions.
**Primerica income figures are based upon rolling 12‑month gross cash flow (including advances) as of May 2011. The cash flows stated are not intended to demonstrate the earnings of typical RVPs/representatives. Rather, the cash flows that have been cited reflect the potential that comes with building your business, and there is no guarantee that you will achieve any specific cash flow level. Most RVPs/representatives do not achieve the levels illustrated. In the 12‑month period ending in December 2010, Primerica paid a total of $503,115,928 in compensation to the sales force at an average of $5,296 per licensed representative. Average RVP earnings are typically higher. Actual gross cash flow is, among other factors, dependent upon the size and scale of a representative’s organization, the number of sales and the override spread on each sale, and the ability and efforts of you and your downlines. Having said this, Primerica provides a tremendous opportunity for individuals who work hard and who desire to develop a business with strong income potential.
***Ownership is available only upon meeting all qualification and eligibility requirements, and remaining in compliance with all terms and conditions, as set forth in the Ownership Program Document and various operating policies and procedures issued by Primerica from time to time.