My Time as a Commission Only Salesperson (I lasted 2 weeks)

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My Time as a Commission Only Salesperson (I lasted 2 weeks)

Рет қаралды 2,784

7 ай бұрын

This is the story of my short stint as a commission only salesperson.
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Пікірлер: 59

@michaellerner-qx7dl 7 ай бұрын

Just started my sales career, landed 3 meetings last week with your help! Thanks boss!

@MattMacnamara 7 ай бұрын

awesome stuff...you are gonna kill it!

@Rome.Monroe 2 ай бұрын

Something about working 12 hours a day setting 3 appointments and getting $0 at the end of the day because none of those leads qualified made me literally say “fuck this”.

@MattMacnamara Ай бұрын

Tough one

@MattMacnamara Ай бұрын

Tough one

@LouHendrix 7 ай бұрын

Been in commission only solar for the last 3 years! Currently transitioning to a xDR role. It’s a rough environment to succeed, but I think the experience will help me when transitioning to a tech sales role.

@dariuskelleydk 7 ай бұрын

Bro, you are going to kill it. Solar guys kill it in Tech Sales. They face harder objections then car salesmen.

@MattMacnamara 7 ай бұрын

solar is 10000x harder than tech sales...you are gonna kill it!

@natemontes-salesselfdevelo4625 7 ай бұрын

I did commission only d2d water softeners for 2.5 years. Then went into outside tech sales, then got laid off and went to solar. The tech sales seemed harder to me. But it was a meat grinder company. Trying to get back into tech since I don’t have insurance or base and I have a baby on the way with mortgage expenses etc

@MattMacnamara 7 ай бұрын

you will figure it out Nate!@@natemontes-salesselfdevelo4625

@tungvlog1465 7 ай бұрын

Seen too many ads for this kind of job and I never bothered to click. So much shady business going on in this field.

@MattMacnamara 7 ай бұрын

It's a shame...shady business is bad business

@harshithmanjunath2483 7 ай бұрын

I think you were part of a network marketing firm/MLM - these firms usually suggest you to sell to your friends/family -- thats how they make their money - recruiting a bunch of sales people to sell their product to a few of their friends and family - thats how they catch the wide net of customers. I don't think there is anything inherently wrong with financial advisors or sales people -- you really just need to think about what you are selling - if you believe it can help people and think of the structure of the company u r working for. AVOID MLMs at all costs - just not worth your time or money - its a cult for sure.

@MattMacnamara 7 ай бұрын

good points!!!

@heychiyu1 7 ай бұрын

Yeah, I did have a similar experience this past year. I'm willing to bet on myself as any other sales rep. However, when i had to shell out my own money for software licenses/seats i knew it was time to leave. Fast forward to this year, i have the highest base salary I've ever made and a compensation package geared more towards producing top line revenue collectively as an organization which was more realistic. In a previous video you did mentioned a wide range in commission or total compensation package to be another red flag. I appreciate sharing this as success is not always a linear path. Thanks for your candor and keeping it real.

@MattMacnamara 7 ай бұрын

great share, thanks for watching and commenting and yes...high ote with low base salary is a huge red flag.

@Traestar 7 ай бұрын

Great video Matt! I've had a somewhat similar experience with an ECommerce Network Marketing group. Funny thing is, I would go to their seminars every week to bring a new person into the group. Have meetings in hotels, have to use the products, had to tell the plan to family and friends, etc. I will say that I like their training but in terms of the overall company, I felt pretty used for my resources. That was 5 years ago. The company is still around, still have meetings in Philly and Bala Cynwyd and I run into some people that are or are former from there. I will say that I will NEVER do that again

@MattMacnamara 7 ай бұрын

Bala Cynwyd!!! that's where my office was for this commission only sales job

@Traestar 7 ай бұрын

@@MattMacnamara Interesting, the company had meetings at that Courtyard right there

@Bullish431 7 ай бұрын

I was in real estate for 9 years I’m 29 now and just quit my commission only job. Def not for everyone but I don’t think it’s worth it you’ll have more anxiety wanting to close a deal because of your expenses. So you made a right move before wasting a lot of time

@MattMacnamara 7 ай бұрын

thanks for sharing. 9 years in real estate...you lasted longer than most!

@tomk2926 7 ай бұрын

I have an interesting success story. Been watching your sales videos for a while. I’ve also been watching these dating videos on approaching girls in public instead of using dating apps. So I saw this attractive girl at the mall today and felt nervous to approach. I couldn’t think of an opening line, then for some reason I recalled your sales videos and the “quick question” email subject like came to my mind (not sure if you discussed this particular subject line or if your channel reminded me of somewhere else I saw this.) Anyways I tried it out on the girl lol. I said “hey excuse me, can I ask you a quick question?” She says “yeah what’s up” I said “you’re gorgeous do you have a boyffiend” Very positive reaction, had a great chat and ended up exchanging numbers.

@MattMacnamara 7 ай бұрын

this is amazing Tom...absolutely amazing!

@tomk2926 7 ай бұрын

@@MattMacnamara not sure if I’m the only one but after this experienced I realized that sales and dating are extremely similar….

@MattMacnamara 7 ай бұрын

very, very similar @@tomk2926

@tomk2926 7 ай бұрын

@@MattMacnamara I suspect a Mac Macnamara dating channel with a sales spin could be a hit! You have the charisma on video and framing dating as a sales funnel is pretty funny, entertaining and educational all at the same time. Imagine a CRM to track your dating funnel lol

@MattMacnamara 7 ай бұрын

lol, a CRM to track dates @@tomk2926

@Johnykjjk 7 ай бұрын

Hey Matt, You and I both got licensed around the same time actually, I got my series 7 in June of 2020 been working as an FA for a firm that pays me a salary plus quarterly incentives for sales, it's not bad, I would like to go independent soon but it's not for everyone for sure....

@MattMacnamara 7 ай бұрын

awesome stuff Johny. Glad it is working out for you!

@chrollo7even85 7 ай бұрын

Hey Matt. Would you mind making a video on getting into tech sales through course careers

@MattMacnamara 7 ай бұрын

I can!

@chrollo7even85 7 ай бұрын

@@MattMacnamara awesome. I’d like to know your perspective on course careers. I hear a lot of good things about it.

@jlazor1 7 ай бұрын

Sounds like New York Life, great video

@MattMacnamara 7 ай бұрын

Thanks for watching and commenting!

@michaelmcwhirter 7 ай бұрын

Man, a sales role sounds like it would be a dream though.

@MattMacnamara 7 ай бұрын

I still work in sales. This specific role just wasn't right for me.

@Jhon.Ardila 7 ай бұрын

I know you don't blame your cousin, but from outside perspective I think there is some fault on his end as well. Especially him being much older than you.

@MattMacnamara 7 ай бұрын

I should have just followed my gut.

@OrganizedLifestyle 7 ай бұрын

bro why would they make you pay to use the printer, that's so dumb of them

@MattMacnamara 7 ай бұрын

it was horrible

@andrewquint7962 7 ай бұрын

Hey Matt. I was wondering why you think it’s OK for you to sell something to strangers when you don’t feel good enough about the product or service to sell it to your friends and family.

@MattMacnamara 7 ай бұрын

good question.... I worded this poorly in the video. It's not that I didn't feel the product/service was good enough...I just wanted no parts of calling on my friends and family.

@andrewquint7962 7 ай бұрын

@@MattMacnamara OK. That makes sense.

@yoecardoza2764 7 ай бұрын

@@MattMacnamarayea right

@embarkonbrilliance 7 ай бұрын

I want in to I last it for 7 months then I quit because it burned my family and I didn't made any money

@MattMacnamara 7 ай бұрын

You gutted it out longer than I did

@embarkonbrilliance 7 ай бұрын

@@MattMacnamara my heart wasn't in it

@MattMacnamara 7 ай бұрын

glad you got out @@embarkonbrilliance

@russdenney 7 ай бұрын

A shame really - every single one of those friends and family members you didn't want to call on actually do need to protect themselves and their family with a proper insurance and retirement plan. Now, they'll likely end up working with some commission-breath jackass that doesn't care about them.

@MattMacnamara 7 ай бұрын

Yeah, I also don’t believe in financial advisors…that profession will be dead in 15 years

@russdenney 7 ай бұрын

@@MattMacnamara LOL. I don't think you've done a lot of research. Giving the aging population (aka baby boomers and Gen X), there is more wealth set to transfer generationally in the next 10-20 years than has ever been seen in the history of money. There is a MOUNTAIN of money to be made helping these folks. As long as there are taxes and investment options, people with that new money are going to need professional guidance on how to best manage those assets and reduce, where possible, their tax burden on an ongoing basis. What you're saying is akin to saying their won't be lawyers and accountants in 15 years - never gonna happen LOL. It's obvious you didn't believe in what you were doing - that's why you failed understandably. I launched a life insurance business just over a year ago and killed it my first year. Why? Because my wife has had 5 brain tumors and has been disabled for 8 years. We have seen the benefits of proper insurance planning - which forms my belief in what it is I am doing. It also means the friends and family I have are my most important prospective clients because I care about them.

@brayanvacosta 5 ай бұрын

Why?@@MattMacnamara

@TylerDeLeon 3 ай бұрын

Definitely NYL or NWM you worked for

@MattMacnamara 3 ай бұрын

Something like that

@samuelm8058 7 ай бұрын

I think that it would be funny if you gave away your cold call guide for free in exchange for a our phone numbers and then you cold call us to up sell to a more premium service lol

@MattMacnamara 7 ай бұрын

LOL, that would make for a good video