What I forgot to mention and will just put it here is that they gave me a chance to be a sales development representative but again can't expect quick cashflow.
this post was submitted on 20 Nov 2023
1 points (100.0% liked)
Entrepreneur
0 readers
1 users here now
Rules
- No Personal Attacks - criticism of ideas is allowed, attacking people is not.
- Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
- No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
- Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.
Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.
founded 10 months ago
MODERATORS
I would start by doing some quick math- assuming close rate stays the same, how many leads do you need to pull in to hit your desired commission, or how much bigger does the average value of leads need to be. Then ask yourself, can you adjust the way you're working to hit either of those goals? If the answer is no it's time to move on. You can't single handedly fix a sales funnel but you can determine how much time you're willing to waste not making enough money.
Is anyone else succeeding in their sales team? Is the business succeeding? Do you have a sales mentor?
If no to the above questions, get out. Your anxiety and burnout is trying to tell you this is failing and won’t get better.
The sales processes is 3-6 months since the service is high ticket and there are many leads still not closed but moving through the pipeline. Most of them as they told me left the project and I am skeptical about the outcome.
Given your situation, it's important to align your next steps with your long-term goals. If stability and immediate cash flow are your priorities, exploring a side hustle like mobile detailing could be a wise move. However, consider the demands of balancing it with your current sales job. Don't overlook your video editing skills either; they could offer additional freelance opportunities. Have an open discussion with your current employer about your concerns and the commission structure. Trust your instincts and make a decision that feels right for you, ensuring you have a solid financial plan in place. It's all about what works best for your goals and lifestyle. I recommend this article, give it a read. https://www.cuppa.so/post/breaking-entrepreneurial-burnout-understanding-signs-and-recovery-strategies