Posts Tagged ‘partners’

Ken and Linda Hobbs: Building a Family Business, Part I

Friday, May 6th, 2011

Ken and Linda Hobbs

When Senior Vice President (SVP) Ken & Linda Hobbs, of Margate, FL, first heard about Primerica, they saw the business opportunity as not just a way to make a great income, but also as the perfect complement to their desire to help people. “I was a minister before Primerica,” says Ken. “I went into that line of work because I really wanted to use my life to help others.”

Ken and Linda say they fell in love with Primerica’s mission of helping families to become properly protected through term life insurance, debt free through our debt solutions and financially independent through savings and investing. “We loved everything Primerica stood for plus we really liked the idea of building a business that we could pass on to our kids,” explains Ken.

Working together as a family has always been important for the Hobbses. First in a partnership with Linda and later as a full fledged family business with three of their four sons, Ken couldn’t be more proud of what they’ve built. “From the top down, Primerica is all about family,” says Ken. “In the corporate world, your work life is controlled by your boss. At Primerica, our sons don’t work for us as employees, they work with us, building their own individual businesses within our organization. We benefit from their success but they also benefit from the experience and mentorship we can share with them.”

For more information on how you can create your own Primerica family business, contact your local Primerica representative.

Want to know more? Find out what Ken and Linda’s son, Kris,  thinks about being a part of his family’s Primerica business.

The Primerica Partnership Empowerment Program (PEP) is a recognition program for Primerica partnerships. It is not a business or legal partnership. PEP cannot affect, combine or alter contractual compensation, hierarchical agreements or ownership issues.

Family Time: Kris & Kristen Hobbs, Part II

Thursday, May 5th, 2011

Kris Hobbs, of Sunrise, FL, grew up watching his parents, Ken & Linda Hobbs, build a successful Primerica business. He saw the lifestyle they were able to have because of their Primerica income* but didn’t really understand the heart of the business until a few years ago. “I was working as a warehouse manager and I had to have hip surgery,” recalls Kris. “My doctor told me I wouldn’t be able to walk for three months, so I couldn’t work. Every day, my dad would come pick me up and take me into the office so I’d at least be able to do something while I recovered.”

He continues, “As I started to learn more about the business and about what we do for families, I realized that this is where I needed to be. Now, I’m building a business and also running the office for my dad and two brothers.”

Together with his Partner, Kristen, Kris is proud to be building a Primerica business alongside his parents and siblings. “I don’t know of anywhere else where you can earn a great income and spend quality time with your own family while making a difference for families in your community,” enthuses Kris. “This business is a great way to stay connected with the people you care about.”

For more information on how you can create your own Primerica family business, contact your local Primerica representative.

*Primerica income figures are based upon rolling 12‑month gross cash flow (including advances). 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 2009, Primerica’s sales force consisted of approximately 100,000 life‑licensed representatives, to whom the Company paid a total of $515,691,076 in compensation, an average of $5,156 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.