Entrepreneur

High ticket sales…? Isn’t that from the scammer Dan Lok? You should probably look for other real business opportunities but first, you need a job.

Unpopular take but the absolute most reliable way to accrue wealth is:

1. Get a job
2. Spend less than you make

I would definitely try to explore a startup tech sales space although I've been hearing of a lot of lay offs. Is there any way you can utilize your skillset and try to start a fast cash-flowing service business?

5k by next munph lmao

Just take on a bounty High risk high reward

What’s your business? Also; if you’re interested you can work for me. High ticket sales for a consultancy firm. Let me know if you’re interested.

Go to www.sakeenajacobs.com and there you will find a digital Marketing package that you can make $50 per sale. Check it out.

Sounds like you answered your own question. There's no point worrying about a decision between one option.

I would get a sales job in the industry you want to be in. That way you can build money, while building connections for your next venture. A

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)

Whichever one is going to make you more money? How could we decide for you without more details?

Sent you a chat request. I may have something that interests you.

When you have $300 you take whatever job you can get. Now.

Good luck man.

Not enough info. You have $300 left and what are your expenses? Do you pay rent? Live at your parents? Pay for school? Have three children?

$300 doesn't sound like much but it really depends on your expenses. Most people say get a job, any job, as quickly as possible. They're probably right. But it really depends on your expenses. If you have zero expenses then you can be a little more picky.

Sounds like you have skills, then use them. At the same time try to develop other skills.

Regarding your question. Go with "tech sales" if you cannot survive on $300 and once you can breathe again go into commision sales.

Perhaps you could combine the two ? Such as selling tech solutions for personal brand development or working for a tech company that offers personal development courses.

Considering your urgent financial situation, prioritize short-term stability. Leverage your tech sales experience to secure a high-paying role quickly. While high ticket sales align with your preference, the immediate focus should be on securing a steady income. Once stable, you can strategically transition into high ticket sales, using your earnings to fund entrepreneurial ventures. This approach balances immediate financial needs with your long-term goals. I can suggest you more if you would like to have one to one meeting.

Move in with family, if needed you can cash advance on credit cards, and get any job asap. If you wait tables, sometimes you get your tips the same night.

I think you would benefit from a stable, guaranteed income. If you have experience in tech sales and think you can get a job quickly I recommend it. There is a lot of upward potential there and you could be making $150k+ per year within a few years selling the right product. That's a lot of money to put toward your next company. Any other path is a gamble and right now you seem to need certainty.

As I see it, the most likely way to succeed in your plan of 5k by next month is if you go find Tyrone at the corner, buy a big bag of something for 300$, repack into small bags as sell to retail customers at another corner.

You don't have time to f*ck around. Get a job @ both. Go balls to the walls and dump the one if this exceeds 100% of the other option. Good luck.

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

You need to shed some liabilities, if you NEED to be making $5k a month.

Lower your bills, aka burn rate, to as close to zero as possible. Then if you want to start a business, you can actually start small and manageable and build in a way that is sustainable.

When I was your age I was in debt so you're already ahead.

If you are good at sales and have some evidence to back that, you won't have a hard time finding a sales gig, even if it's majority commission and the base is trash. Then, if you're actually good, you can do well and climb the ranks.

Finish college first

A job

You seem like you just want attention, you already know that you need to take the first job offer you got

Honestly bro listen to this advice,maybe I'm not that capable but here's what i think will work ,I too am a founder of a startup n I too am in kindof similar situation,get a foundation on your skills , youve experience of 2 years and that will help you a lot in this , as you said get in a high ticket sales job and based on your skills no matter what post you're on work your best , and first of all ,believe that you can do anything with the experience you have

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! :)

You're living in absolutely fantasy land with the figures you spew.

Hey yourself a job first and then when stable build your hustle, stop watching YT motivational videos that say otherwise.

You need to get a job and build from there.

Operating and growing a business isn't cheap and it may not work.

Majority of businesses fail so just get a job for now then move forward from there.

Best to you

Remindme! 28 december 2023 "How's things going bro"

Are you trying affiliate marketing on a commission-based?

If you have good sales experience, you can hook yourself into high-value products. Ping the SaaS founders they are looking for a partnership on commission based for each customer/client you bring.

Remember, every indie hackers are looking for marketers, sales people to partner with on commission-based.

If you got down to $300 before considering this question, it’s not going to go well

Get off Reddit. Work

As you need 5k next month and you are pretty sure that tech sales will get you to this. I would prefer this way.

After few months you can invest you saving to grow your personal brand in Tech sales in which you will have experience.

And after you have grown your brand to some level then you can sell your courses.

If you like contents related to startups and Business you can subscribe to my newsletter in which I write regarding this specific niche.

Iam also on the same path I now have around 16,000+ followers in Instagram.

The Rahman Effect

Uber eats delivery can nab you $15-$20/hr.

I suggest you prospect / sell yourself into a well-respected medium-sized (>200 people) tech company. Very remote friendly and you’ll probably travel most of the time.

Target VPs of sales with emails and cold calls. If you know how to sell a SMB business, you should be able to do this. GL, OP.

Can you consistently work hard?

At your age I was minus $30K from school debt. You got this.

I wouldn’t be against blue collar hustle work to make $ and have no risk on being able to generate. Hit houses and bag leaves + offer power washing and eaves cleaning, you can make $500-$1,200+ / day.

More sophisticated work - get companies qualified meetings for $200 plus 10% of sales as they happen, take 3/4 clients on and double down on the good ones, getting them on retainers once they trust you. Startups may pay this.

Need a unique outbound message with a follow up call. This is super doable. I have a lot not experience and am old now, but we sell 7-figure contracts now and it’s an absolute blast. We help companies and their greatly benefited.

Get any job. Around this, you need to generate cash flow. If I was you, I’d go back to flipping cash. Facebook market place, local EBay adverts pick up only, and free items give away. You’ll be surprised how much stock you can get for cheap to flip for profit.

if you knwo sales then why are you not able to sell your product/service?

Dead broke. Has 300 dollars left.

Plan: Make 5k-10k a month.

Solid plan my man.

I’m in tech sales and I remember being in a similar situation when I was 18 with no experience.

You sound like an adult, so I’m going to speak to you like one.

If you need $5K next month, what is it for? Is it for stupid things or things that are important like keeping a roof over your head and food on the table or maybe it’s supporting family with health problems?

If you have only 30 days to get yourself together, you need to look at what you have resources you have available and decide what will allow you the best ROI the fastest.

My first question would be, do you have a car?

• #1 priority is a job, the old saying is very true, beggars can’t be choosers. If you have the skills to be in tech sales like myself, you should be able to get a job with $50K salary base easily maybe even more
• Uber for 30 days straight(most people can make a living this way, I would imagine that would be enough money right there)
• doordash
• instacart

If the situation is life or death or you’re going to evicted because of lack of funds I would then go to ask the second question: Do you have good credit?

• I don’t recommend this often, but I know when my brothers were considering going to coding boot camp for $15K, I told them to go get an 18m interest free credit card and use that to pay for the school and then work full time during school to pay it off within the 18m so you just had to pay school itself with no interest
• if you are able to do this, as soon as the 18m is over you destroy the card and continue to pay it off until it’s done
• if you have severe amount of overwhelming non-flexible payments like health bills, then in addition to everything I said, you can choose to take on a personal micro loan could be an option($10K-$50K) since they should only give you around a 10% interest compared to normal credit cards giving you 15-30% interest

Ultimately it’s up to you to take personal responsibility for your life because nobody will for you. Or instead of just being dead broke you can also be a dead beat.

Plan ahead. Think things through. Be frugal until you get $100K in cash in savings. Charlie munger, warren buffets best friend says the first $100K is the hardest to save, but after that it’s much easier to make it big. Do this and you’ll be just fine

Hope this helps! Good luck and praying for you

OP; I want to correct your statement:

"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"

Corrections:

1. It is not about who you know. {I knew no one, nor did my colleagues.}

2. It is not about networking {I had no network, nor did my colleagues.}

3. The barrier to entry is not much greater. {It takes knowledge, and consistent, successful results to go from SMB to Midmarket to Large Enterprise. I did it. My colleagues have done it and none of us are anything special.}

My advice is the same as Warren Buffet's:

Invest in yourself! Go to college or go get a sales position or some other job where you can learn the necessary skills and get the necessary experience to move yourself up the ladder a few rungs year. If you're knowledgeable and consistently productive (aka successful), you could be in "high ticket sales" or a leadership position by the age of 25.

At the age of 20, you'll have a higher probability of failure than success because you don't have much real world, business experience. You're at a point where you don't know what you don't know, but you think you do.

Warren Buffett: “You'll have a more rewarding life not only in terms of how much money you make, but how much fun you have out of life; you'll make more friends the more interesting person you are. So go to it, invest in yourself.”

Best of luck.

Dude get a job! Like then take some night classes and learn. Hard truth but like suck it up

High Ticket Sales 100% no question.

Network like your life depends on it and build your damn list so that you're never in this position again.

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