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Commission only sales?! Should I? Companies that do this? Sucessfull? Profitable? (HELP)

So some guy approached me that he was looking into getting a company that does commission only sales for him, he is in telehealth, so I said I would put the word out, he is a CEO and wants to make more sales.


If you know something like that comment below, please


Also have you heard of anyone doing commission-only sales? my friend sells construction contracts, just gets leads, goes to the site, and closes it in one meeting, he made 160k last year, and its his first year in sales, what do you think about that?


Good stories? Bad stories? WAR stories?


My first thought with commission-only places is EEK, but that's just me maybe.


Whats your 2 cents?

have you ever done commission only sales?
Attached poll
*Voting in this poll no longer yields commission.
๐ŸŽˆ Mentorship
๐Ÿฐ War Stories
๐Ÿš€ Career Goals
2
CuriousFox
WR Officer
+11
Needer of Life Alert
I've been approached several times but never made the jump.ย  I like having something to fall back on in case of a bad month.ย 
WCK
Politicker
+8
Padre de Tequila
I second this a ton. Although, it is a test of your ability I guess? Who knows. The comfort of a salary does help a ton though.
MMMGood
Celebrated Contributor
+10
Senior Account Executive
Personally, Iโ€™d never do it. All of my living costs (mortgage, cars, food, utilities, clothes, etc) are financed/paid by my base. Commissions are for everything else (saving, investing, spending on extras). Iโ€™d never take a risk like commission only. What happens if you go 2 months with a slump? Or more? No thanks, donโ€™t need that noise.ย 
funcoupons
WR Officer
+11
Kahluapons
It's not for everyone, but the people who are the right fit can make serious bank. I would not recommend this route if you don't have several months of living expenses saved up that you could draw from on slow months. You need to be confident in your skills and believe in the product as well, so would also not recommend for newbies or as a "I guess I'll try it" kind of job either.

Would recommend giving it a go for someone who's financially stable, is confident in their ability to sell, and is passionate about the company/product.
SalesPharaoh
Politicker
+8
AM BDR
I think take it only if you have a safety net and you are confident in yourself and the product/company you will be associated with. Most people in real estate sales are working commission only.ย 
Salespreuner
Big Shot
+11
Regional Sales Director
Increased % on commish, but commish only, may not be the right approach ; motivation levels for the sales person will fade out quick with more objections that follow through

IMOย 
Coffeesforclosers
Notable Contributor
+11
Director Sales and Market Development
absolute trash, pay your employees, what is this a car dealership. Fuck that
SADNESSLieutenant
Arsonist
+8
SDR
Speaking of car dealerships, this guy who sold me my car said he makes 12k a month at his performance rate, which is 2x of his peers
SADNESSLieutenant
Arsonist
+8
SDR
But he works 7 days a week 8-10 hours a day so
Coffeesforclosers
Notable Contributor
+11
Director Sales and Market Development
yeah and forget about weekends and holidaysย 
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