Thinking about different path

Apr 2, 2009 10:28 pm

I've been EDJ training program for a little while and I'm considering a switch to a different environment. Few reasons...

1. running low on savings - I'm really getting close to depleting my savings at this point in time. The minimal paycheck that I'm getting from Jones isn't covering the expenses and I'm starting off every month with less than money that I had the month prior to.   2. Working out of home/by yourself - it's been about 4 months into the training program, and with each day, I'm finding it harder to find the motivation to step out of my house and do the necessary work. And just to think that I have to work out of my home for another year or so before getting an office space makes me cringe. Even after getting the office space, I really can't imagine myself working by myself in a small office for the rest of my life. I need some more socialization around me.   3. Owning a business- even though at first it sounded great to be your own boss and be on my way to own my small business. I've learned in the past 4 months that owning a business is not my cup of tea. At EDJ, you pretty much pay for everything and you get involved in the process of it too. I really really do not want to have anything to do with backend stuff of owning a business. I'd much rather go work for someone else and get a paycheck, have a boss then to take care of all the paperwork necessary.   Here are 3 reasons why I'm thinking about dropping the ball and pouring out the kool-aid. But then again, I also see so much potential in the company.   Any suggestions?   Also if I leave the company, do I get to keep my license?
Apr 2, 2009 10:32 pm

This is going to be a fun thread. 

Apr 2, 2009 10:54 pm

Screw off, milk em for every penny you can in salary and find a new job. When you interview tell them going door to door makes you feel like a peddler. Tell them that you are much better suited for a job in the adult toy industry than financial products.

Apr 2, 2009 11:00 pm

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Apr 2, 2009 11:01 pm

your license is good for 2 years after you leave

Apr 3, 2009 12:56 am

If you are out of money already or nearing it run for the hills immediately. I stayed for 2 1/2 years and ran through 100k in savings while drinking the kool aid and I am still bitter about it. Run Forest Run.

Apr 3, 2009 1:10 am

I’m with Ron on this one.  Get out quickly.  If you don’t want to be a business owner, get out.  There’s no shame in quitting.  There’s plenty of easier ways to make a living.

Apr 3, 2009 1:13 am

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Apr 3, 2009 1:40 am

You are obviously talking your way out of the job.  It's never gonna work.  Good to cut your losses now and get out.  But seriously, with the salary, potential bonuses and commissions, you are already running out of money?  You definitely weren't cut out for this biz, Jones or anywhere else.

I wouldn't worry about your licenses.  If you can't handle it at Jones, where else could you handle it?  A bank maybe?

Apr 3, 2009 1:43 am

Wind, here we go with another post about you.  You’re the best.  You are able to make it without any savings.    Of course, in order to try to make yourself look good, you conveniently leave out the fact that your wife is bringing home a steady paycheck.  

Apr 3, 2009 2:24 am

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Apr 3, 2009 2:33 am

Yeah, I went through 100k, wife doesn’t work and my average check at Jones was about 2k.

Apr 3, 2009 2:41 am

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Apr 3, 2009 2:45 am

Yeah, monster pay cut and about 6 months prior to leaving Jones wife stopped working because we had our first child. I had the savings and figured I would pull down at worst 4k a month based on the “chart” Jones shows you as you are interviewing.

Apr 3, 2009 2:48 am

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Apr 3, 2009 3:10 am

I went through 100k - a little more.   Of course, I got married during that time period, etc.

  Don't want to be a biz owner, you can work for me?  Although I don't need your 7.
Apr 3, 2009 4:48 am

Honestly, some of you guys might be right in saying that I might not be cut out for this biz, but that hasn’t been tested true yet, so I’ll reserve my self-diagnosis for later time.

  But what has been tested is my desire to become a business owner and frankly, it's not something that I'm looking forward to. I like having a box I can go to every morning and have co-workers to talk to. I also like the challenge of trying to climb up the corporate ladder, rather than just aiming for bigger paycheck.   I honestly am at the cross-road. I've put a lot of work into the job and the job itself is not very demanding. Door-knocking and getting number come pretty easy for me and lately, I'm good for 25 numbers, yes numbers, a day whenever I'm out in the field. But the thought of working out of my home for another year and working by myself in an office for the rest of my life is very discouraging.
Apr 3, 2009 9:27 am

Norcalstoppy,  what you need to understand is that the true title of your job is “business owner”.  That is precisely what you don’t want.  We’re not saying that you can’t do this.  We’re saying that you shouldn’t do it because it’s not what you want.   

Apr 3, 2009 9:37 am
wind3574:

Shut the f*** up…I was asking a question about the 100k…I told myself the same thing in the beginning “I have no money, How am I gonna do this”…but I did…Am I suppsed to relate the situation to Peewee herman?..Get back to your cage…good little stalker …

  Why do you continue to be so defensive?   If you want to ask the question about the 100K, just ask it.  His 100K has as much to do with Peewee Herman's situation as your sitution.   At least if you are going to bring up your situation be honest about it.   The problem is that your situation changes based upon whatever will make you look the best.  You are looking for any situation to say, "Look at me.  I'm doing so great."   On this thread, you are saying that your wife makes just enough money to cover daycare.  On another thread, you said that daycare was a necessity.  In which thread are you lying? 
Apr 3, 2009 1:20 pm

[quote=norcalstoppy]Honestly, some of you guys might be right in saying that I might not be cut out for this biz, but that hasn’t been tested true yet, so I’ll reserve my self-diagnosis for later time.

  But what has been tested is my desire to become a business owner and frankly, it's not something that I'm looking forward to. I like having a box I can go to every morning and have co-workers to talk to. I also like the challenge of trying to climb up the corporate ladder, rather than just aiming for bigger paycheck.   I honestly am at the cross-road. I've put a lot of work into the job and the job itself is not very demanding. Door-knocking and getting number come pretty easy for me and lately, I'm good for 25 numbers, yes numbers, a day whenever I'm out in the field. But the thought of working out of my home for another year and working by myself in an office for the rest of my life is very discouraging. [/quote]   Sounds cheesy, but do what's right for you. You will get (as you have) different advice from people on this thread. Just understand that the things you feel are normal. They told me in the beginning that it would suck, but I thought I would be different. Nope, still sucked/sucks. Sometimes, it really really sucks. I had an annuity deal blow up in my face a couple months ago, and it was half of my paycheck that I had already basically accounted for in paying my bills. We have a guy that is one of the biggest FA's in the firm in our region, and he tells stories about borrowing money from friends and family. The same guy lives makes more money in a year than a lot of people make their whole life.   That may or may not happen for you, but the bottom line is you are not special in that point. It is going to suck, and really suck for you. Heck, it will probably get worse for you than it is right now. But there are few other careers with a bigger upside.   As Jerry Maguire put it, working here is a "pride swallowing siege".
Apr 3, 2009 1:41 pm

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Apr 3, 2009 1:46 pm

Almost all of our big producers have some sort of story about wanting to quit, blowing their life savings, etc before their business clicked and they started making money.  It's not a cake walk.  One of those big producers told a group of us once that by the end of his second year in the biz he had over $90K on credit cards.  But he kept working hard, making the contacts, doing the seminars, and today he could pay that off in just a couple of paychecks.   Sounds like you're on the right track.  I'mgoing to quote Beavis and Butthead: "You gotta have things that suck so that you know when things are cool." 

The social aspect of this job is difficult.  A corporate job would certainly help with that.  But how social would  you feel if you got laid off?  You control your own destiny in this biz.  I wouldn't give that up for anything.  
Apr 3, 2009 1:53 pm

[quote=Spaceman Spiff]

Almost all of our big producers have some sort of story about wanting to quit, blowing their life savings, etc before their business clicked and they started making money.  It's not a cake walk.  One of those big producers told a group of us once that by the end of his second year in the biz he had over $90K on credit cards.  But he kept working hard, making the contacts, doing the seminars, and today he could pay that off in just a couple of paychecks.   Sounds like you're on the right track.  I'mgoing to quote Beavis and Butthead: "You gotta have things that suck so that you know when things are cool." 

The social aspect of this job is difficult.  A corporate job would certainly help with that.  But how social would  you feel if you got laid off?  You control your own destiny in this biz.  I wouldn't give that up for anything.   [/quote] That's very true. I like working by myself without people bothering me. Even then, I sometimes find that things are too quiet.
Apr 3, 2009 1:54 pm

Hey wind,

will you tell us the story about how awesome you are again.   My favorite part is when you tell us about how you came out swinging, and how easy it is for you.  Oh.. and don't forget the part about how you paid your dues, then at the end of the game, the whole team poured the gatorade cooler over you and cheered!
Apr 3, 2009 2:04 pm

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Apr 3, 2009 2:16 pm
wind3574:

Although I gotta admit…having a little stalker is kinda cute…

  should have said cool.... any man that uses the word "cute" is probably a resident of the closet.
Apr 3, 2009 2:19 pm
JAXSON:

[quote=wind3574]Although I gotta admit…having a little stalker is kinda cute…

  should have said cool.... any man that uses the word "cute" is probably a resident of the closet. [/quote]   That is the best line I have heard on here in a long long time. Resident of the closet ! LOL
Apr 3, 2009 2:19 pm
wind3574:

You people need to seriously grow up…

I’m magic…I can add another 10 pages to this thread…watch…

You’re just mad cause I made more than you this week… WHOALA

  Wind, I'm all for keeping you around.  You've created a lot of traffic and it's great to hear you're doing so well.  It keeps me motivated to step my game up.   However, I've got a reasonable request of you.  Please discontinue your irrational, unnecessary use of ellipses (...).  They make your posts unreadable.    That said, keep fighting the good fight.  If you say you are who you are, good on ya. 
Apr 3, 2009 2:25 pm

[quote=norcalstoppy]

I've been EDJ training program for a little while and I'm considering a switch to a different environment. Few reasons...

1. running low on savings - I'm really getting close to depleting my savings at this point in time. The minimal paycheck that I'm getting from Jones isn't covering the expenses and I'm starting off every month with less than money that I had the month prior to.   2. Working out of home/by yourself - it's been about 4 months into the training program, and with each day, I'm finding it harder to find the motivation to step out of my house and do the necessary work. And just to think that I have to work out of my home for another year or so before getting an office space makes me cringe. Even after getting the office space, I really can't imagine myself working by myself in a small office for the rest of my life. I need some more socialization around me.   3. Owning a business- even though at first it sounded great to be your own boss and be on my way to own my small business. I've learned in the past 4 months that owning a business is not my cup of tea. At EDJ, you pretty much pay for everything and you get involved in the process of it too. I really really do not want to have anything to do with backend stuff of owning a business. I'd much rather go work for someone else and get a paycheck, have a boss then to take care of all the paperwork necessary.   Here are 3 reasons why I'm thinking about dropping the ball and pouring out the kool-aid. But then again, I also see so much potential in the company.   Any suggestions?   Also if I leave the company, do I get to keep my license? [/quote]   First, quit the bullsh*t and answer this person's question.  He/She is at a crossroads in thier life and is asking for some advice.  We've all been there and know how emotional it is.    Norcal,   Start looking for a different job!  You're unhappy, you can see that for you and your personality it isn't going to work.  If it isn't working now, it probably won't work later.  You're not driven by money so go find a steady paycheck.  I don't know how long Jones gives you a salary but I would be using this time to hunt for a job and interview.  Some money coming in is better than no money coming in.  Best of luck to you and there is absolutely no shame in moving on.  If you like the industry find a RIA or independent and get on as a sales assistant or a back office job somewhere.  Good Luck to you!  
Apr 3, 2009 2:37 pm

BTW.  Wind your first post was excellent, it was your subsequent posts that you derailed.

Apr 3, 2009 2:39 pm

[quote=SometimesNowhere][quote=Spaceman Spiff]

Almost all of our big producers have some sort of story about wanting to quit, blowing their life savings, etc before their business clicked and they started making money.  It's not a cake walk.  One of those big producers told a group of us once that by the end of his second year in the biz he had over $90K on credit cards.  But he kept working hard, making the contacts, doing the seminars, and today he could pay that off in just a couple of paychecks.   Sounds like you're on the right track.  I'mgoing to quote Beavis and Butthead: "You gotta have things that suck so that you know when things are cool." 

The social aspect of this job is difficult.  A corporate job would certainly help with that.  But how social would  you feel if you got laid off?  You control your own destiny in this biz.  I wouldn't give that up for anything.   [/quote] That's very true. I like working by myself without people bothering me. Even then, I sometimes find that things are too quiet. [/quote]   I've been there and done that. Corporate lay-off sucks. Out of college, I worked my ass off. Worked 12-14 hours a day, putting 30k+ miles on my new car in less than 6 months. Slowly and surely things started to look up. Did about $180k on the year and boy did it feel awesome when I got my first $20k+ BI-WEEKLY paycheck. I climbed up the ladder quick to get to that position. It was a position that required 5+years of experience, but I did it in 1.5.   But when the company went under, all those hours of hard work meant nothing. As I tried to look for a new job, my quick rise through the ranks actually worked against me because I was "lacking experience" for the same level positions at another company despite my past performances, duties and responsibilities.   I finally found a position that would've paid me about what a seg 4 would've got paid plus bonuses, but decided to try Jones out. Because I didn't want years of my life and hard work to mean nothing again. Man.... looking through all these contacts that I got and seeing how much work I put into this job, it's making it that much harder to make up my mind.    
Apr 3, 2009 3:02 pm

Its over. Once you allow yourself to think about leaving you will not do the crap work necessary to get you through the Segments. If you were starting to think this way at Seg 3 I would say plow ahead, but this early its game over.

Apr 3, 2009 3:08 pm
Ron 14:

Its over. Once you allow yourself to think about leaving you will not do the crap work necessary to get you through the Segments. If you were starting to think this way at Seg 3 I would say plow ahead, but this early its game over.

  Yeah, what he said!  Sometimes in life you have to take a step back to move forward.  You moved rapidly up the corporate ladder and then the company is gone and you don't have enough experience for the same job at other companies.  Go back to it and work your way up again starting at a lower level that you might feel is beneath you.  IMMHO!
Apr 3, 2009 3:27 pm

[quote=norcalstoppy]

I've been EDJ training program for a little while and I'm considering a switch to a different environment. Few reasons...

1. running low on savings - I'm really getting close to depleting my savings at this point in time. The minimal paycheck that I'm getting from Jones isn't covering the expenses and I'm starting off every month with less than money that I had the month prior to.   2. Working out of home/by yourself - it's been about 4 months into the training program, and with each day, I'm finding it harder to find the motivation to step out of my house and do the necessary work. And just to think that I have to work out of my home for another year or so before getting an office space makes me cringe. Even after getting the office space, I really can't imagine myself working by myself in a small office for the rest of my life. I need some more socialization around me.   3. Owning a business- even though at first it sounded great to be your own boss and be on my way to own my small business. I've learned in the past 4 months that owning a business is not my cup of tea. At EDJ, you pretty much pay for everything and you get involved in the process of it too. I really really do not want to have anything to do with backend stuff of owning a business. I'd much rather go work for someone else and get a paycheck, have a boss then to take care of all the paperwork necessary.   Here are 3 reasons why I'm thinking about dropping the ball and pouring out the kool-aid. But then again, I also see so much potential in the company.   Any suggestions?   Also if I leave the company, do I get to keep my license? [/quote]   #1 - happens to all of us at one time or another in this business   #2 - i assume that someone told you this before signing the papers   #3 - you are not running your own business, you are running a branch for EDJ. they do a great job of selling this concept to you but in reality, working in an EDJ branch is the furthest thing in this industry from "running your own business."
Apr 3, 2009 3:30 pm

I won’t tell you to quit, but you really have to have tunnelvision to make this work. You can’t look at what you could be doing, what you did, or what it will take to be where you could be elsewhere. For me, this has been a day-to-day battle, trying to figure out where the next commission will come from and where to find the people to fill the pipeline. I can’t imagine looking at it the way you are and still trudging on.

Apr 3, 2009 3:40 pm
#3 - you are not running your own business, you are running a branch for EDJ. they do a great job of selling this concept to you but in reality, working in an EDJ branch is the furthest thing in this industry from "running your own business."   That is very true. You are not running your own business. When it comes to certain expenses you are, but EDJ is the one taking a majority of "your" business profits.
Apr 3, 2009 4:03 pm

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Apr 3, 2009 11:25 pm

Whenever I hear or read “run your own business” or “from your own home” I immediately think MLM.

Apr 3, 2009 11:41 pm

There is definitely some MLM in the Jones partnership structure.