I am 20 years old and my business has tanked.

I have $300 left to my name and I need to start cash flowing as fast as humanly possible.

My plan is to get back into sales cash flow 5-10k per month then roll that money into entrepreneurial ventures

I have two years of sales experience -Tech SDR -logistics AE -selling my own offer (small business SAAS)

My question is: What type of sales should I pursue

  1. Tech sales
  2. Commission only High ticket closing for personal brand offers (coaching, courses, etc)

I really dislike the corporate space but I know I could land a pretty high paying tech sales job fast with my resume.

High ticket sales is what I really want to do but the barrier to entry is much greater. It’s all about who you know, networking and would take time that I don’t have

What should I do. By this time next month I NEED to be making 5k minimum per month

  • Legalpotter@alien.topBEnglish
    1·
    1 year ago

    Its honestly unlikely to start making 5k in sales in a month when you first start at a company. You need time to prove yourself to your employer. I really recommend working any jobs you can take and build 15k in savings before you start experimenting with sales. I need 500k by next month but its unlikely to happen, I really recommend you don’t rush things as you should enjoy the journey even more than your destination. Have a clear realistic goal set for the next 6 months. You’re extremely young. Like myself i was stuck in a Youtube guru get rich mindset and after realising you dont chase money. You chase to provide genuine value to people which they pay for.

    Anyone can disagree or discuss I’m more than happy to talk! :)

    • findaloophole7@alien.topBEnglish
      1·
      1 year ago

      This is the way. Money comes from one thing primarily. Service.

      You need to serve someone OP. Sales is the opposite of service UNLESS YOURE ACTUALLY HELPING THEM by offering them your product.

      I sold stuff before. High ticket home improvement. I succeeded for a while and then failed wildly when I stopped believing in the value of the work my customers actually got.

      It’s an important skill but it’s only easy if 1. You’re a good communicator and 2. What you’re selling is a good match for the potential clients.

      I know a guy who got a really good sales job at a (international) software firm and didn’t make a sale for a year and a half! It’s tough. It’s ALL DAY and it’s not guaranteed money. The gurus are wrong. But it is important!

      Instead, you need to go to people with a service mindset. “What’s your biggest problem?” Then be the solution.

      If you can fix a million dollar (costly) problem for a company, then you can ask for $5k a month IF YOU CAN ACTUALLY SERVE THEM and believe it and can convince them to believe you!