whats a windup ?sundaymorningstaple wrote:There's the windup, an now for the pitch!
would just like to add that "fantastically good" is relative. 20 million is more than what the common worker will make in a few lifetimes, but to warren buffett, its like paying for the cab fare.Girl_Next_Door wrote:Personally, I think insurance (I'm not familiar how property sector is like) and banking sector's sales job are the most transparent. Everyone know the standard commission and the manager's over-writing percentage. There is no secret about it. In most position, remuneration is a very sensitive subject whereby you are not allowed to share.victorplusone wrote:Well ... i guess there are similarities in how your manager sucks a percentage from you in both insurance and mlm (property agent too). Usually direct sales - related jobs are structured that way.beppi wrote: Similar?!? The insurance agents industry IS multi level marketing!
To be and remain manager in the insurance industry, it takes quite a bit of hard work. I have seen and met many manager who decided to step down to do sales, simply because the over-writing is not enough to justify the quantity of work they have to do. By staying in sales, they earn alot more, and yes, it can be in millions if you are fantastically good.
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