Does anyone here know anyone who got RICH in Sales?

PrimeChoice · 11-12-2012, 10:57 AM

If so, will you please, please be my friend and see that I am of that age where all of my life goals (eg-getting married, having a kid, house) are now driven by cold hard cash.

So if your dad is in sales and started @ the bottom, but now has a boat and beach front estate, please let me know.

Thank You

krz · 11-12-2012, 11:45 AM

What the english?

If you can sell and want to make serious cash become a cold calling stock broker for a boiler room.

PrimeChoice · 11-12-2012, 11:58 AM

where do you do this krz? Where are these jobs? Are they in Boston, New York?

PrimeChoice · 11-12-2012, 12:03 PM

Besides, I am not looking to be a stockbroker. I only want to sell somthing and be a top sales executive. All I have found is a website called sales jobs.com

krz · 11-12-2012, 04:13 PM

Quote:

Originally Posted by PrimeChoice

Besides, I am not looking to be a stockbroker. I only want to sell somthing and be a top sales executive. All I have found is a website called sales jobs.com

Thought you wanted to make money?

I know a guy who makes 6 figures...

a month being a broker. All you have to do is hammer people phones 500 times a day.

SlapShot · 11-12-2012, 01:48 PM

If you don't have the intiative to spend some time researching sales jobs (how to get them, how to excel at them), you probably don't have the right personality to be a top sales exec. The best salesmen I've known were driven beyond belief, and were rewarded with mid-6 figure salaries.

chrischris · 11-12-2012, 01:49 PM

Quote:

Originally Posted by PrimeChoice

If so, will you please, please be my friend and see that I am of that age where all of my life goals (eg-getting married, having a kid, house) are now driven by cold hard cash.

So if your dad is in sales and started @ the bottom, but now has a boat and beach front estate, please let me know.

Thank You

Nope........

Fuji · 11-12-2012, 02:08 PM

It really depends on what your expertise is. I work in sales part time, but I work in a field that I'm extremely knowledgeable in. I also work on commission which I think is a huge part of working in sales. It's a somewhat stressful job for the fact that upwards of 75% of my job income is based on performance on how well I do.

Some of my family do work in a lot better paying industries than I do, and they make a nice living for someone here in Canada. If you want to PM me to discuss more feel free!

-Fuji

sureshs · 11-12-2012, 02:15 PM

Commission in sales can be several times the base pay. For the same education, experience and level in the company, I know salesmen who made 350K while the others make 100K.

But be prepared for humiliation if you don't meet your "targets." I have seen salesman being told on Monday that they need not come to work next Monday if their target was not met - the termination letter would be mailed to them.

Fuji · 11-12-2012, 02:17 PM

Quote:

Originally Posted by sureshs

Commission in sales can be several times the base pay. For the same education, experience and level in the company, I know salesmen who made 350K while the others make 100K.

But be prepared for humiliation if you don't meet your "targets." I have seen salesman being told on Monday that they need not come to work next Monday if their target was not met - the termination letter would be mailed to them.

That's a good way to sum it up!

-Fuji

SlapShot · 11-12-2012, 02:22 PM

Quote:

Originally Posted by sureshs

But be prepared for humiliation if you don't meet your "targets." I have seen salesman being told on Monday that they need not come to work next Monday if their target was not met - the termination letter would be mailed to them.

We recently lost a sales manager to workforce reductions - he blew his annual target out of the water on one large deal (I think it was $25 million per year or thereabouts) and he is going to have to fight to get the $75K commission that comes with it. Big money can change hands, but you've got to always be working if you want the top honors.

sureshs · 11-12-2012, 02:28 PM

Quote:

Originally Posted by SlapShot

We recently lost a sales manager to workforce reductions - he blew his annual target out of the water on one large deal (I think it was $25 million per year or thereabouts) and he is going to have to fight to get the $75K commission that comes with it. Big money can change hands, but you've got to always be working if you want the top honors.

What surprised me it the money/level ratio. In most big firms, every department has a similar ladder structure. For the same rung in the ladder, a sales guy can make 3 to 4 times what a guy in another department makes, which may be higher than what some of the top people in other departments make.

When moving from one job to the next, the "rolodex" is the key. I knew a guy who lost a job and a potential new employer openly told him to produce his rolodex during the interview - which I believe is a violation of business ethics. You are not supposed to try to steal your former customers, but that seems to be a prerequisite to get a new job. Quite a lot of questionable things go on in sales.

r2473 · 11-12-2012, 02:27 PM

Ya, I know "Rich". Good guy.

He's known around here as "Dick" though.

LeeD · 11-12-2012, 02:55 PM

What's your question?
Friend of mine was the 1st Burton Snowboard rep. He made over 5 mil from that one alone.
Gotta get lucky, have lucky timing, and be at the right place at the right time.

SoBad · 11-12-2012, 04:41 PM

Everybody is lazy and greedy nowadays. Nobody wants to move a finger anymore – just ride that donkey down the mountain slopes and hop onto a Benz here and now…

PaulC · 11-14-2012, 10:35 PM

Steve Job was a sales and marketing guy selling his partners Apple I.

Mark Cuban started out as a software salesperson.

The important thing is that: they both got goals, ambitions and visions beyond the short-term profit-margin thinking of an average salesperson.

MAXXply · 11-15-2012, 05:16 AM

Do yourself a favour and watch "Glengarry Glen Ross" and think to yourself whether you wanna be any of those guys.

krz · 11-15-2012, 05:20 AM

Quote:

Originally Posted by MAXXply

Do yourself a favour and watch "Glengarry Glen Ross" and think to yourself whether you wanna be any of those guys.

ABC. Always Be Closing.

That movie is classic.

MAXXply · 11-15-2012, 05:28 AM

Quote:

Originally Posted by krz

ABC. Always Be Closing.
That movie is classic.

More classic lines - Alec Baldwin to Ed Harris:

"You see this watch...It's worth more than your car..."
"You wanna wife and family? Well F#$% YOU!!!"

krz · 11-15-2012, 06:03 AM

Quote:

Originally Posted by MAXXply

More classic lines - Alec Baldwin to Ed Harris:

"You see this watch...It's worth more than your car..."
"You wanna wife and family? Well F#$% YOU!!!"

My favorite sales movie of all time has got to be Boiler Room though. At least the Ben Affleck scene when he's pitching the new hires. Amazing delivery.

http://www.youtube.com/watch?v=UqDtf1aw818

"Anybody who tells you money is the root of all evil, doesn't f'in have any. They say money can't buy happiness look at the f'in smile on my face, ear to ear baby."

11-12-2012, 10:57 AM	#1
PrimeChoice New User Join Date: Oct 2012 Location: Callisto Posts: 83	Does anyone here know anyone who got RICH in Sales? If so, will you please, please be my friend and see that I am of that age where all of my life goals (eg-getting married, having a kid, house) are now driven by cold hard cash. So if your dad is in sales and started @ the bottom, but now has a boat and beach front estate, please let me know. Thank You __________________ "Here's a dollar, make sure it gets to the kid who brings my car around." - Pete Sampras

11-12-2012, 11:45 AM	#2
krz Professional Join Date: May 2007 Location: Concrete Jungle Where Dreams are Made Posts: 864	What the english? If you can sell and want to make serious cash become a cold calling stock broker for a boiler room. __________________ I'm a poser and a wannabe but still probably better than you.

11-12-2012, 11:58 AM	#3
PrimeChoice New User Join Date: Oct 2012 Location: Callisto Posts: 83	where do you do this krz? Where are these jobs? Are they in Boston, New York? __________________ "Here's a dollar, make sure it gets to the kid who brings my car around." - Pete Sampras

11-12-2012, 12:03 PM	#4
PrimeChoice New User Join Date: Oct 2012 Location: Callisto Posts: 83	Besides, I am not looking to be a stockbroker. I only want to sell somthing and be a top sales executive. All I have found is a website called sales jobs.com __________________ "Here's a dollar, make sure it gets to the kid who brings my car around." - Pete Sampras

11-12-2012, 01:48 PM	#6
SlapShot Hall Of Fame Join Date: Sep 2006 Location: Minneapolis, MN Posts: 2,420	If you don't have the intiative to spend some time researching sales jobs (how to get them, how to excel at them), you probably don't have the right personality to be a top sales exec. The best salesmen I've known were driven beyond belief, and were rewarded with mid-6 figure salaries. __________________ Back to the Prestige MP. Should have never deviated.