Continue in Sales or get Education??


I live in Europe and have since 2020 worked in sales - I make a good living, and see a reasonable career with good earning. (work in marketing)

I've hit every sales quota presented for me. but I am confused... 

all my friends are studying economics, and some have even got a high-salary jobs at VC-agencies. I am jealous of them, and I know I could do better, but they won't hire me unless I have the degree (company policies)

I can probably get 200k a year within the next 6 years.... But there still a long way, and with my experience, If I start education I could get closer to the 200k than my current path


What should I do

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16
Sunbunny31
Politicker
8
Sr Sales Executive 🐰
Being envious of the money your friends are earning is one thing you'll have to understand about yourself: is what they are doing to earn that kind of salary the path you want to take? This is because there will always be someone (and most likely many many someones) who will have what you do not. And many of those people will be doing jobs you don't want to do or have no business doing. First lesson is to not spend your time being jealous of someone else and their success/car/home/lifestyle. You'll end up eating your liver.

HOWEVER, if this envy is because this is where you see yourself and you want to go down that career path because you'll find it fulfilling AND you'll earn more doing it - then your friends have already shown the path to that outcome.
Fenderbaum
Politicker
3
Retired Choirboy🪕
I agree with Bunny, you can't value
your worth on what your friends are doing. The older you get, the more difficult the challenge will be to get a degree. The path you take in life should be for you and your family first.
DataCorrupter
Politicker
0
Account Executive
This is the best advice you're gonna get here, OP.
oldcloser
Arsonist
7
💀
"If I start education I could get closer to the 200k than my current path" You answered your own question.
jefe
Arsonist
4
🍁
Yup.
Also unclear if he's talking postgrad or undergrad. I'm a firm believer in having some kind of letters behind one's name. MBA can make sense depending on path one wants to take and the institution/program being considered.
braintank
Politicker
3
Enterprise Account Executive
So many hypotheticals.

*If* I get an MBA I *could* get a job at a VC and *maybe* get $200k...
oldcloser
Arsonist
3
💀
yep - but..
"If I get a job selling SaaS at 150/150 can I make $300k+?"

That answer is much less hypothetical and has fewer variable possibilities.
braintank
Politicker
3
Enterprise Account Executive
Agreed. Many more people making $200k as average sellers than working in VC.
braintank
Politicker
4
Enterprise Account Executive
Or get better at sales and out earn them without going into debt and having to climb a corporate ladder.

Plenty of people in sales earn close to $200k in base salary
Pachacuti
Politicker
3
They call me Daddy, Sales Daddy
If you want to go down the VC path, you MUST get a degree - the more expensive, the better since cost is often equated to value. And you'll probably need a Masters degree (MBA or equivalent).

So you need to determine (1) the ROI of the education, and (2) is that the direction you REALLY want to go.
HVACexpert
Politicker
3
sales engineer
Wait why not both?
Sunbunny31
Politicker
5
Sr Sales Executive 🐰
Keep working and earn the MBA as a part time student? Plenty of people do that. It’s definitely a consideration.
HVACexpert
Politicker
1
sales engineer
I did it, it absolutely is!
Sunbunny31
Politicker
1
Sr Sales Executive 🐰
Congratulations! I know it's a grind, so that's an accomplishment!
CuriousFox
WR Officer
3
🦊
I like having my degree. I did work fulltime while I attended school fulltime. So there's that.
Kosta_Konfucius
Politicker
3
Sales Rep
I would recommend getting a degree if you want to change what you are doing, and it seems like you are open to leaving sales
BigNumbersOnly
Good Citizen
0
Closing Deals Everywhere
Yeah that was also some of my concerns, in whether I could continue

I love my job, but it would be nice if I somewhere along the path could change it, if I felt so; and not be stuck with only sales
pirate
Big Shot
2
🦜☠️ Account Executive
Find more friends in sales :)
GDO
Politicker
1
BDM
I don't think the education would be needed if you're already on your way
White
Valued Contributor
0
Account Executive
Unless it's Harvard or some other shiny business school, degrees don't matter anymore. Waste of time and money.
Beans
Big Shot
0
Enterprise Account Executive
Comparison is the thief of joy
ApocalyBoom
Politicker
0
Account Executive
You should pause automatic payments until its safe to resume them.
0
Retired Sales Professional
Do not base your happiness on what others are doing and achieving; that's a road that will lead you to disaster. Do it only because you love to do it. If sales is what you love to do, then you don't need a degree to become an expert at your craft and earn more. But if getting a degree of your choice not of your friends choice is what you always wanted to do, then you should go for the degree.
pcaliii
Personal Narrative
0
Account Executive
i feel the same way about this statement. I like education because it keeps me in a routine and you get to learn. However, the cost of education vs getting plugged in with companies you know and have trusted partnerships with -- Priceless
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