Ever think?

or Register to post new content in the forum

19 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Jan 9, 2006 11:58 pm

Anyone ever think...."Why? Why do we put ourselves
though it?" We all drank the company's spiked Kool-Aid, and got enameled
by the flair. Each company has their superstars with the huge numbers that everyone
admires. However, we put in the long hours and paid sh*t (especially those who
are straight commission). We promise ourselves that success is around the
corner if we work hard enough. And we put our heads down and pound the pavement
and the phones and hustle.



I think that we must definitely love what we do and get out
of the "boiler-room" mindset of imagining ourselves as the busy and
rich stock-broker out the blocks. Is being a broker or a financial rep a cool
thing anymore? Or is it the last stop to have a half of a job that was good to
have in the mid 90s?

e.g. When you tell someone that you are a financial
representative...will they Google the term "financial rep", see all
the job openings and think that you are starving?

Hit me!

Jan 10, 2006 2:51 am

you've been hit.

Jan 10, 2006 7:21 am
The day:

Anyone ever think...."Why? Why do we put ourselves
though it?" We all drank the company's spiked Kool-Aid, and got enameled
by the flair. Each company has their superstars with the huge numbers that everyone
admires. However, we put in the long hours and paid sh*t (especially those who
are straight commission). We promise ourselves that success is around the
corner if we work hard enough. And we put our heads down and pound the pavement
and the phones and hustle.



I think that we must definitely love what we do and get out
of the "boiler-room" mindset of imagining ourselves as the busy and
rich stock-broker out the blocks. Is being a broker or a financial rep a cool
thing anymore? Or is it the last stop to have a half of a job that was good to
have in the mid 90s?

e.g. When you tell someone that you are a financial
representative...will they Google the term "financial rep", see all
the job openings and think that you are starving?

Hit me!





Focus on daily activites, not big picture goals. 



Most poeple in the business are not good.  This is a good thing
for those that are good, making it easier to separate themselves.

Jan 10, 2006 10:05 am

Most people think the way do are at many points in their careers. Most people bail out and go do something easier... Thats why 80% fail, and those that survive struggle and muddle along in their careers... Only a very small percentage actually thrive and realize the true blessings of this career... Sometimes, I thik about the difficulties, but only for a moment- then its back to work... When you have the attitude that you CANNOT give in or lose, it motivates you...

Jan 10, 2006 10:23 am
blarmston:

Most people think the way do are at many points in their careers. Most people bail out and go do something easier... Thats why 80% fail, and those that survive struggle and muddle along in their careers... Only a very small percentage actually thrive and realize the true blessings of this career... Sometimes, I thik about the difficulties, but only for a moment- then its back to work... When you have the attitude that you CANNOT give in or lose, it motivates you...


You said it bro!

Jan 10, 2006 12:13 pm

Just quit.  I mean really, if you are so miserable.  This is probably not the right career for you. 


Personally, I love what we do.

Jan 11, 2006 9:49 pm

I’m actually settling in to the culture. I am starting to
like what I do. And it’s a rollercoaster; I am high at the highs and I’m low at
the lows. I will just have to ride it hard. It seems that there is no real
regularity. It’s not a 9-5 job like how everyone seems to envision the
"beaver-cleaver like.



After a sale....I’m the sh*t! Things get slow, I’m asking myself If it worth
the pain. So it a different atmosphere! But I LOVE
the highs, I live for them. And doing what I do will be the only way to get it.
No a mundane type of job. So I’m stuck here.

Jan 11, 2006 11:39 pm
The day:

I’m actually settling in to the culture. I am starting to like what I do. And it’s a rollercoaster; I am high at the highs and I’m low at the lows. I will just have to ride it hard. It seems that there is no real regularity. It’s not a 9-5 job like how everyone seems to envision the "beaver-cleaver like.

<V:SHAPE id=x0000t75 stroked="f" filled="f" path="[email protected]@[email protected]@[email protected]@[email protected]@5xe" o:preferrelative="t" o:spt="75" coordsize="21600,21600">@0 1 0" />@1" />@2 1 2" />@3 21600 pixelWidth" />@3 21600 pixelHeight" />@0 0 1" />@6 1 2" />@7 21600 pixelWidth" />@8 21600 0" />@7 21600 pixelHeight" />@10 21600 0" /><V:SHAPE id=x0000i1025 style="WIDTH: 12.75pt; HEIGHT: 12.75pt" ="#x0000t75" alt=""> After a sale....I’m the sh*t! Things get slow, I’m asking myself If it worth the pain. So it a different atmosphere! But I LOVE the highs, I live for them. And doing what I do will be the only way to get it. No a mundane type of job. So I’m stuck here. <V:SHAPE id=x0000_i1026 style="WIDTH: 12.75pt; HEIGHT: 12.75pt" ="#x0000t75" alt=""><V:SHAPE id=x0000_i1029 style="WIDTH: 12.75pt; HEIGHT: 12.75pt" ="#x0000t75" alt=""> <V:SHAPE id=x0000_i1030 style="WIDTH: 12.75pt; HEIGHT: 12.75pt" ="#x0000t75" alt="">



Half the battle, IMHO, is to relish the good moments but overall not get too caught up in the emotional highs and lows.  Appreciate that you are in one of the greatest careers in the world(if you're the right type of person for the job) and be grateful you're not out digging ditches every day to put bread on the table.....

Jan 12, 2006 10:13 am

We are paid in direct correlation to the effort we expend. We have an unlimited top end. We, who work for wirehouses or regionals get a 40-45% cut of the sales. What other careers offer this kind of opportunity? What other sales positions pay 40-45% commision? Not many! Which explains why this is so hard. If it was easy the opportunity wouldn't be there. It's up to us to determine if we have what it takes to get to the top. Personally, I like the idea of having total control of my income. If I have a bad day, bad week, or bad month I have to look no farther than the mirror to lay blame. Likewise, the answer is no further away than the mirror. No excuses, no cry babies. For those who can't handle that reality it's time to find that salary job and get yourself locked in.

Jan 12, 2006 10:35 am

If you are living for the highs and cringing at the lows, you need to change your mentality. As JoeDaMan said, you need to have a more even keel atititude. I am not saying dont get excited about the big deal. Just dont get too dejected when it doesnt close or a nice account transfers out. I have seen many people who were unable to handle the swings for longer periods of time.


As much as it sucks, you must train yourself to have a more level approach... In the early years, this career can suck, with many more lows than highs ( long hours, lack of immediate gratification, success of others around you, etc). In the end though, its completely dependent upon your personality.....

Jan 12, 2006 2:13 pm
blarmston:

If you are living for the highs and cringing at the lows, you need to change your mentality. As JoeDaMan said, you need to have a more even keel atititude. I am not saying dont get excited about the big deal. Just dont get too dejected when it doesnt close or a nice account transfers out. I have seen many people who were unable to handle the swings for longer periods of time.


As much as it sucks, you must train yourself to have a more level approach... In the early years, this career can suck, with many more lows than highs ( long hours, lack of immediate gratification, success of others around you, etc). In the end though, its completely dependent upon your personality.....



Well said Blarm....

Jan 12, 2006 5:20 pm

well thank you joe, the check is in the mail... but you better cash it quick, cause i'm off to vegas and it may bounce come tuesday....

Jan 12, 2006 5:52 pm
blarmston:

well thank you joe, the check is in the mail... but you better cash it quick, cause i'm off to vegas and it may bounce come tuesday....



lol....if you had a better payout you wouldn't have to worry about that!


have fun! 

Jan 12, 2006 7:27 pm

blarmston: well thank you joe, the check is in the mail... but you better cash it quick, cause i'm off to vegas and it may bounce come tuesday....


---------------------------------


Hey Blarm, put a $100 on red, at the roulette table, for me. I'm good for it!

Jan 17, 2006 5:57 pm

I have said it before and I will say it again, if you think this job is HARd, it is probably NOT for you.


EVERYONE would be doing this if they could.  Do you think a job that you can make $350,000 a year at should be easy.


If you hate your job and you are not successful, you can:


-get out.  I dare you to find a better job with more opportunity and less hours.


-get retraining.  You may not be using a good process, you might be at a sucky firm.


But, please, don't spend your day feeling sorry for yourself.  Just because everyone has the chance to be a financial advisor does NOT mean (AND SHOULD NOT MEAN) THAT EVERYONE WILL BE SUCCESSFUL.



Jan 17, 2006 5:59 pm

well put maybeee....and not a mention of RJ in the whole post!


keep that attitude strong and you'll do fine girl!

Jan 17, 2006 6:33 pm

pat, pat, thank you Joe.


I mean what kind of jobs have these people had?   Or was daddy and grand daddy rich and now they just think they deserve to be rich too.


It is all about serving people and helping people.  If you are good at that, you will make a TON of money.  And you deserve to make a ton of money.


RAYMONDJAMESRAYMONDJAMESRAYMONDJAMESRAYMONDJAMES


Jan 17, 2006 6:40 pm

You just couldn't help yourself, could you.  LOL

Jan 18, 2006 10:04 am
tjc45:

We are paid in direct correlation to the effort we expend. We have an unlimited top end. We, who work for wirehouses or regionals get a 40-45% cut of the sales. What other careers offer this kind of opportunity? What other sales positions pay 40-45% commision? Not many! Which explains why this is so hard. If it was easy the opportunity wouldn't be there. It's up to us to determine if we have what it takes to get to the top. Personally, I like the idea of having total control of my income. If I have a bad day, bad week, or bad month I have to look no farther than the mirror to lay blame. Likewise, the answer is no further away than the mirror. No excuses, no cry babies. For those who can't handle that reality it's time to find that salary job and get yourself locked in.



Now that is what I am talking about.  I'm wit ya.