Highest Earning Potenial Sales Job

Quote:

Originally Posted by dodobird

Hello pacific Frame - I personally believe that the industry you choose holds only half the bearing of what you are able or capable to earn.

IMO in sale you get out what you put in. I don't have work hours at my workplace all my employees come and go as they please. If they don't show up to work for a week - they may be at home working or having some time off.

In saying that I can see a clear define difference between someone who puts ina little more or shows up on Saturday/sunday to tidy up a few things, I have one particular worker who (which I am not saying do) is here before I am in the office - sets up appointments for every afternoon and goes out, then more then likely I am recieveing emails of the day at about 8:00pm at night when she is workgin from home.

She is making more then twice the second best sales person here.

So what I am trying to say is Good luck with whatever you try to do in sales but put in what you want to get out of it.

All the best with your choice.
William

Well Said William.

Quote:

Originally Posted by pmccord

There really isn't any "highest paying" sales job. There are industries that average more than others, but in many, there isn't a limit.

For my book, Creating a Million Dollar a Year Sales Income: Sales Success through Client Referrals, which is about the techniques and strategies the true million dollars a year income sales mega-stars use to create their huge volume of high quality referrals, I interviewed dozens of men and women thourghout the US and Canada who make a million dollars a year or more--some, much more.

These people came from all kinds of different industries--some business to consumer, others business to business. They came from high tech, finanical services, real estate, mortgage, and a few others that you'd expect.

But some didn't come from the anticipated industries. One gentleman sells mens suits and accessories for a major store (and, no, he's not in New York or LA). He makes well over a million dollars a year. Another sells furniture. Another vehicles.

Now, these men and women don't do business the way most salespeople do business--that's an obvious given. But every one of them started out just as every other salesperson--without a single sale.

And they differ in many respects: some are highly experienced, old pros, some are relatively new; some are young, some older; some pretty, some, well, not so pretty; some smart, some not so much so; some are the best in their field, some are just competent; some had great connections coming in, some had no connections at all; some are in major metropolitian areas, some not; some came from wealthy families, some were very poor growing up; some highly educated, some--one in particular, never graduated from high school.

But they all had things in common: they all spent (and still spend) a great deal of time and money on their personal and staff training (yes, at that level, they all have at least one staff member); almost all of them generate the majority of their business from referrals; they all have worked hard to find methods to maximize their time and effort; they all have a great deal of discipline and spend their time doing the three things that generate income--talking to prospects, making sales, servicing clients (they don't waste time on "busy work"); almost 2/3's have a personal sales coach; over 60% are not the owners of the company they work for, but all of them view themselves as the owners of their sales buisness; almost all market themselves, not the company they work for (even those that own the company).

So, there isn't a top income industry. But there are certainly things the top earners have in common.

WOW - Great post Paul

Hello Jacques - I aggree with you.

Well said.

Just about any Sales Industry has the chance to help you make money - But you need to chase this yourself - Good luck

I agree with Wowsap - Chase what you really WANT to do - Have fun while doing it or it won't be worth it.

Hello Pacificfame...

Let me ask you a question? Do you want to have to WORK for the rest of your life, or would you rather simply LIFE A LIFE YOU CREATED and be financially secure and happy to do your work each and every day?

You are asking what fields pay the most money in sales. Well, you could sell LearJets, they cost millions and your commission would be huge. It may take 3, 4, 5, 6, years to sell one, but it would be worth it, right?

My point is, instead of worrying about what product/service will make you the most money, try looking at this in a different way.

Most people do not like the work they do for a living. Why not identify and define what you are most passionate about in your personal life and decide to make that your life's work? Believe me, no matter what it is, it will involve selling.

Ask yourself what hobbies, interests, and good causes you love doing. What makes you happy when you are doing it? Why not find sales work for a company related to your passions to start? You will have a j.o.b. (just over broke), but you will be earning money doing something you love to do.

More importantly, you will have an opportunity to learn all you can about this passion and how this business related to your passion works. Study like a madman and become an expert in this passion. Once you become an expert in something you are passionate about, many new doors will open up to you and you will have avenues to monetize your expertise.

When you work at doing something you love, it is not work. It's doing what you love to do. And when you become an expert, the money follows...naturally.

I don't care if it involves LearJets, pets, motorcycles, cooking, sports, writing, designing clothes, building houses, or whatever, when you become an expert other people will gladly pay you for your expertise and experience to make their lives better or easier. That's what businesses do. If there were no experts providing thier knowledge and passion to other people there would be no business world.

So, why not point your efforts to creating a LIFE doing what you love to earn your LIVING? Don't make the mistake of getting a j.o.b. selling the 'hottest' or 'best paying' product/service you can find. Think of what passion of yours you would like to be doing in 5 or 10 years, and for the rest of your life, and gear your efforts toward that.

Go after it Pacificfame...Coach Doug

Well said coach Doug - Yet again.

How far do you take this "love of what you're doing?" I'm not saying one shouldn't enjoy what they're doing, but some common sense needs to be injected also. I've heard this "do what you love" from many, yet I haven't heard a qualifier about common sense from hardly anyone.

I love playing golf. It's one of my joys in life. I'm terrible at it. The idea that if you love something, if you have a real passion you'll become great at it is, well, BS. If I were as good at golf as my love for the game would dictate, I'd be Tiger Woods. The problem is have no talent for the game. So, what are my choices within the area of golf? Wholesale equipment? Possibly--but companies want people who can demonstrate their product--not by playing, but by playing well. Leaves me out. Work at Nevada Bob's? Possibly. Except I'd like to make more than $10 or $15 per hour. Become a sports reporter or commentator? Possibly, but I don't have the required background in journalism or broadcast TV. My options are getting pretty slim.

Another example is my brother who is a photographer. He loves photography. He was a photographer for the military for a number of years. Upon leaving the military he discovered that to get a job doing what he loved, he would have to start at the bottom, despite his years of doing it professionally in the military. He chose not to work for a news agency making barely enough to survive but instead took a job with GM in their credit department. Twenty years later, he retired at the ripe old age of 53 now with two pensions--one from the military and one from GM. Did he "love" his job at GM. No, but he liked it. But he loves the results. He is now doing what he loves--photography, and doesn't have to worry whether he ever makes a paycheck thanks to his previous two jobs. He goes where he wants, when he wants and does what he wants.

There is certainly something to be said about doing something you love to do. But the general advice of "do what you love" I think a little too simplistic.

Quote:

Originally Posted by pmccord

How far do you take this "love of what you're doing?" I'm not saying one shouldn't enjoy what they're doing, but some common sense needs to be injected also. I've heard this "do what you love" from many, yet I haven't heard a qualifier about common sense from hardly anyone.

I love playing golf. It's one of my joys in life. I'm terrible at it. The idea that if you love something, if you have a real passion you'll become great at it is, well, BS. If I were as good at golf as my love for the game would dictate, I'd be Tiger Woods. The problem is have no talent for the game. So, what are my choices within the area of golf? Wholesale equipment? Possibly--but companies want people who can demonstrate their product--not by playing, but by playing well. Leaves me out. Work at Nevada Bob's? Possibly. Except I'd like to make more than $10 or $15 per hour. Become a sports reporter or commentator? Possibly, but I don't have the required background in journalism or broadcast TV. My options are getting pretty slim.

Another example is my brother who is a photographer. He loves photography. He was a photographer for the military for a number of years. Upon leaving the military he discovered that to get a job doing what he loved, he would have to start at the bottom, despite his years of doing it professionally in the military. He chose not to work for a news agency making barely enough to survive but instead took a job with GM in their credit department. Twenty years later, he retired at the ripe old age of 53 now with two pensions--one from the military and one from GM. Did he "love" his job at GM. No, but he liked it. But he loves the results. He is now doing what he loves--photography, and doesn't have to worry whether he ever makes a paycheck thanks to his previous two jobs. He goes where he wants, when he wants and does what he wants.

There is certainly something to be said about doing something you love to do. But the general advice of "do what you love" I think a little too simplistic.

Hello Paul,
Do you love what you do?

Yes, I do.

But I throughly enjoyed wholesaling securities, managing mortgage companies and selling mill work to builders. I didn't "love" those positions--but I enjoyed them and was very good at what I did.

My point isn't that you can't love what you do, it's that that answer is simplistic and often taken to the absurd.

The idea that if you love it you'll be good at it is silly, as in my golf example. Also, the idea that if you're passionate about it you'll make money at it is equally silly. Ask millions of passionate business owners who went into business in their passion and failed.

Sales training has to go beyond simple answers and address real issues--and making a living is a real issue, not one to send someone off to do what they love. Without a through investigation to determine if a living can be made doing what you love, if you actually have talent and ability, if there is really a market, if there is actually something that you can do to make the living you want, you're asking for trouble.

Trite answers can lead people into very serious areas. We have to be careful about the answers we give. We're dealing with people's lives, not just feel good answers.

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