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Series 7

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Jan 3, 2007 2:26 pm

The exam is tough, but building a business from scratch is tougher.

It is a marathon and not a sprint.

Get serious about the amount of money you need to make and what timeframe you need to make it in.

Then, you just do the calculations and decide if this business if for you.

For Example:  How long till you will bring in $4 million?

Your revenue off of that will probably average around 1% and your payout as a trainee will be about 10%.  That equals $4,000.  Yep you are reading that right.  The first FIVE years in this business are very lean.  And this is not the right job for everyone.