Ever feel like you’re pouring your heart into your business, but the returns just aren’t there? You’re not alone. Many reps struggle with the overwhelming costs and challenges of running a traditional business. But what if you could shift gears and find a path with less overhead and more potential? Angel Miranda and Ana Perez have been there, and they know the struggle. In their powerful session, they share how they transitioned from the grind of a coffee shop to the limitless opportunities with Primerica. It’s not just about cutting costs; it’s about maximizing your potential with the right mindset and support. This isn’t just another motivational talk; it’s a game-changer for anyone looking to break free from the traditional business model and thrive in Primerica. Don’t miss this must-see moment where Angel and Ana reveal the secrets to their success and how you can apply them to your journey. Watch the video below and discover how to turn your dreams into reality with Primerica.
Video Transcription:
Okay, we don’t have a lot of time.
Hello, Dragons.
I would like to say thank you, Keith and Danielle.
This is an honor.
Thank you for our uplines fiora and Caraldo, and thank you for our mentors, Glenn and Zio, for always pushing.
Thank you, our team, and thank you to Dragons and can’t wait for our next milestone.
And I’m going to pass it on to Andrew Miranda.
How you doing, everybody? Are we excited? All right, so thank you, Keith.
Thank you having the honor for us to speak up here.
Thank you, dragons.
Thank you, Glenn.
Thank you, Geraldo.
But Glenn wanted me to kind of COVID my story because I’m going to do A, business A, business B, because I did come from a business background.
I did have my own coffee shop.
And after four months of me working part time in Primerica, I decided to sell it to come here full time because there’s nothing better than Primerica, right? All right, so where do I click next? Click.
Awesome.
All right, so yeah, so this was my cafe.
It’s not up there.
Yeah, there we go.
All right.
That was the logo.
So the name of my cafe was in Brooklyn, New York.
It was called the Mug Cafe versus Primerica.
Right.
So next.
Okay, so what does a business need? It needs capital.
Right? So my initial investment to buy the coffee shop was $125,000.
On top of that, you need to buy equipment, so that’s $60,000.
So I was 23 years old.
This is 2012.
The rent is 4500.
In order to open up a business, you need licenses as well.
Right? Just like Primerica.
So the licenses cost 2500, and you can’t operate a business without selling anything.
So the inventory was 25,000.
Right.
Now, their recurring expenses was employees, $20,000.
Gas, electric, so on and so forth, which was about 5000.
And again, a recurring 25,000 a month expenses for inventory and rent.
Next, please.
All right, so one thing is, I did not sell a failing business jump into Primerica.
Right.
So there’s a lot of racks to Rich’s story, but at the end of the day, I sold a successful business because I saw more potential here.
I remember hearing Joe Answer’s story, and I’m like, dude, if this guy had a pizzeria and he built such a massive business that just sold opportunity to us.
So were at our peak.
We were making about $22,000 a month.
We were on Fourth Avenue.
So we did have the New York City Marathon run in front of us.
We were border ed vendors.
But again, it was a successful business.
We were part of the Daily News as well, so we did have some accolades there.
And we also had open mic nights.
Next, please.
But there were challenges.
Yeah, I mean, that was me back in the day.
So one of the challenges was me eating the profits.
That’s how I got, like, this competition.
Right.
So it was very cutthroat.
I’m not going to tell the story, but there’s competition all over, no support.
So going in there, 22, 23 years old, not having background, not having a background in coffee, not knowing anything about business, but still going in there because at the end of the day, you believe on yourself, right? You bet on yourself.
One of the third challenges was my electrical panel fried.
So businesses have downfalls.
And I remember my equipment just burst and I lost every single thing.
Unreliable employees.
I stopped paying on Fridays because they wouldn’t show up on Saturday.
They would drink.
So I’m like, okay, so I’m going to start paying on Wednesdays.
So that way if you guys don’t show up on Thursday, it’s fine.
It’s not a busy day.
And in my first year, I had no paycheck whatsoever, right? So going in there again, so much out of pocket have no background in business.
And I understood that there’s a light at the end of the tunnel so that’s the majority of people that have their business, they have no idea what they’re walking into.
But next slide, please.
And now in Primerica next slide.
All right, in Primerica, what’s the cost? $99 for the licenses.
And I say it’s a POS system because in reality it’s 25 a month, right? 25 a month to operate and own your own business.
That tracks your sales, tracks your recruits, tracks.
Everything that you need is at your fingertip.
Thank God.
To Primerica.
Now think about this.
Future RVPs don’t pay rent.
There is no inventory that you have to sell.
You’re not buying life insurance and selling to somebody else, right? You’re providing a service.
There’s no utilities that you pay and there’s no salary you guys are not paying your directs.
The company pays for us.
The company pays our directs.
All we got to do is just train and put them through the system and there’s really no overhead cost.
Next please.
Got this.
So now what are the requirements? Now, I say this all the time because I used to play soccer way back in the day, and we used to travel to Italy, Spain, France.
And one of the things that he used to say was my coach would say, I need you to have one God given talent, right? Whether it’s speed, athleticism, whatever it is.
But that talent that you need will work around you.
Now, the requirements here is work ethic.
Being coachable and being ambitious.
That’s it.
Everything else will teach you.
We’ll train you, we’ll guide you through the system.
Because at the end of day, the we have the great leadership with Keith, with Glenn to just walk us through and what we get is ultimate support, leadership trips, Hawaii, diplomat.
Just some pictures there.
Next slide, please.
Like 5 seconds.
Next.
And then my story is like he was saying, December 2016.
I got licensed in September.
RVP made a ring.
Now our vision is to be at 200,000 by MIT and be at ownership by convention.
So think about a company that you can actually cast a vision, and there’s really nothing great in Primerica at the end of the day.
If you have just one more slide, please.
And that’s it.
I’m done.
