OK So i haven’t posted for a week or so……and the reason is i have been MADLY trying to get it together for a regular job situation and after 2 weeks have discovered that this kind of job was NOT going to fit my schedule OR my budget at this time. I have to wait too long to get paid – you know one of those commission only type deals.
So lets chat about jobs like that…..there is no doubt that a commission job is the highest paying in the “workforce” if you know how to work it and are good at it. There are one or two of these positions where you get to keep all of the money being paid for the commission. all of it, Real Estate being one and possibly Mortgage’s. You set your own % and depending on where your license is will determine your split.
outside of Real Estate one of the highest paying “commissioned” jobs is the Auto industry, many others range from 10% with base all the way to 85% no base, and of course the real estate 100’s
Most “sales” jobs offer a small base and a large commission split, some offer NO base and a LARGER commission split. In order to go for a job like this you really have to have money in the bank to survive what is commonly known as the ramp-up period, this is when you are trained (some companies will pay you while you are being trained) then you start to build a client base in your chosen field. This can take weeks or it can take months hence the necessity to have $$$’s in the bank.
So this is where i have been, learning the ropes, learning the MAD PLAN of another company in the hopes that it would fit in with my schedule only to find out that it wont – when a Convention is thrown into the works the second week in it means that you are not in the field making sales and starting any kind of momentum. You may be gathering customers but at this stage you need sales, the cycle must begin or you wont make any money for months. Frequently you have to wait 3-6 weeks after the sale to actually see your share of that sale, so if your not making any for the first 3-4 weeks due to training, convention etc you could potentially go 9-12 weeks without pay. But if you can hang in there the pay-off can be HUGE.
I remember i did not get my first real estate deal for 6 months after i started, and the i had to give 50% to my Broker – AGH! I was so mad, so i changed Broker’s as soon as i could and became 100% and made a small fortune over the next few 6/7 years but now that industry has changed and i have to get job!
It’s one of the reasons i am all over the net seeking this and that, its why the MAD PLAN is the one for me and could be the answer for many ailing families. Join our blogs and keep a close watch on what we are up to, this could change your life like i know it will change mine.
