Surviving on "Commission-Only" in Sales: What You Need to Know

Рет қаралды 2,813

Ай бұрын

Surviving as a commission-only salesperson can be horrifying…
That’s why I made this new video.
Share this video with the new hires on your team.
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Пікірлер: 18

@TheRoofStrategist Ай бұрын

Was it easy for you to switch to commission only?

@rorycolgan Ай бұрын

I had to use a lot of my savings in the first 4 months in order to make it.

@jesselokken Ай бұрын

I just filed my first claim today! After hundreds of people said "no" I was starting to lose hope but I just kept pushing and it finally happened. Thank you Adam, I've been watching your videos religiously up until my first claim. ❤

@rileyetienne6311 Ай бұрын

Congrats man! been doing it a couple months now, just keep knocking away and itll come.

@Rooftop-Timmy Ай бұрын

GREAT video Adam! Managing finances is such a crucial part of just living. Adding a couple of notes: - If you're 1099, make sure you're playing your taxes Quarterly to avoid an IRS penalty. Have a trusted CPA help you set this up. It can save you thousands! - SAVE at least 25% of your income for Taxes, 10% for your business Revenue - When you receive your checks, don't spend it all right away. Stock pile as much as you can in a high yield checking account and then "pay yourself" a salary based on your own living expectations. Please add in anything I missed. You Rock Adam!

@samuelg2819 Ай бұрын

I knocked for 3 months with no luck and finally over the past month I signed 238k and I’m now at 350k for the year hoping to end at a million in my first year selling 💪🏼

@TheRoofStrategist Ай бұрын

Booyah! Stoked for you dude. Persistence pays off. You should be proud!

@Iamwealthyhealthyandbossy 29 күн бұрын

What do you sell?

@Money_era 28 күн бұрын

@@Iamwealthyhealthyandbossyna frl😂😂. Boy must be selling cities the opposing states

@ThanasiKarras Ай бұрын

Thank you so much Adam, your book and content have really been my compass while being "out at sea" with no experience. I've been working on my sales pitch everyday and slowly getting better. I've sold a few roofs but my closing rate isn't where it needs to be, there's always room for improvement. Thank you for all that you do.

@AaronA-ch8kc Ай бұрын

I’ll tell you why this can hurt you… an insurance claim will take 3 months to go through. (You getting paid). But you will be knocking 200 doors per day. These companies know you will quit long before you get paid. They don’t want to share the commissions with you. That’s why they hire anyone with a pulse. It’s a numbers game… for Them. And the casino always wins.

@rorycolgan Ай бұрын

True

@justinbrown1095 Ай бұрын

Can you give a link for other referenced video?

@JoeLarge Ай бұрын

A question that comes up a bit. I hire on as 1099 contractor. We have 2-4 sales meetings for the week. Does that change with the crackdown on being W-2 instead of 1099.

@TheRoofStrategist Ай бұрын

Hey Joe, so far as I understand it, there's no legal way to hire as 1099 any longer since the updated FLSA Law went into effect March 11, 2024. kzfaq.info/get/bejne/jZmdhKlyrcq9e2Q.htmlsi=PEpxqoNcGEh_CkjZ kzfaq.info/get/bejne/pqp8aKaiqLrNY4E.htmlsi=74z4mUwo60AVWL5A

@JoeLarge Ай бұрын

@@TheRoofStrategist Wow did not know that. Just had a couple of companies (bath remodel & windows) use 1099 as model. Thanks Adam great video.

@JoeLarge Ай бұрын

Think I will ask a few more questions and see. Thanks Adam