Mudmoon18

Sales Manager

Politicker

Valued Contributor

Opinionated

Start your own company?

Is it true that all sales people want to start their own company at some point?

And if so, would you want to go VC backed route, bootstrapped, or a lifestyle business?

Also if so, what are you waiting for?

Do you plan to start your own company at some point?

Attached poll

I will start a company I will never start a company I would only do it if everything lined up perfectly I'd like to try at some point, but I'm not set on it

*Voting in this poll no longer yields commission.

🐱 Off-Topic

28 comments

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BmajoR

Arsonist

Account Executive

I'm certainly keeping that door open but when, where, and what I would do, no idea.

ColdCallHotCoffee

Politicker

TSR

That has been me forever. I am trying to research areas/industries I can sell into on my own without quitting my current job. I WFH about 50% of the time, so if I can find something to tie into my day-to-day routine.. emails/phone... I want the side hustle.

BmajoR

Arsonist

Account Executive

In your case that makes total sense and you should pursue the side hustle. I don't have that luxury just yet with my time.

Mudmoon18

Politicker

Sales Manager

I feel the same, I'm curious if that's most of us sales people.

I've been reading Super Founders by Ali Tamaseb. First section is slow but after that it's pretty interesting. Some good tidbits on how founders are able to pick a group or vertical they want to be in and then go figure out what to build.

BmajoR

Arsonist

Account Executive

I guess it's kind of like writing songs, do you do the instruments or lyrics first? There's a lot of companies with poor market fit and I can't help but wonder if it's because they picked the vertical they wanted to be in and the product they're trying to sell is like making the wrong puzzle piece fit. The company I work for was started from an identified need in a vertical instead of choosing the vertical first and we're prospering as a result.

InQ5WeTrust

Arsonist

No marketing, mayo isn't an MQL

Not against it, but need to have an idea I believe in until then happy to just upskill and learn widely.

jefe

Arsonist

🍁

Definitely agree with this.

Incognito

WR Officer

Master of Disaster

I’ve had my own company for 10+ years. Trying to work for someone else for a change rn.

Being the boss has its downsides, though. You’re gonna have to work 17x harder than anyone else and if anything goes wrong - it’s entirely your fault. You also need to have so many different skillsets - marketing, sales, management, legal, accounting, customer service….. EVERYTHING.

I think it’s why I’m doing well where I’m at now, because I’ve been there and can see the bigger picture, how what I sell will help their bottom line, save them headache, blah blah

Mudmoon18

Politicker

Sales Manager

You think you'll ever go back?

Incognito

WR Officer

Master of Disaster

Maybe? Certainly not in the industry I’m in now. That would make no sense.

I could see doing it again in my old one, but only after I had enough personal wealth to not need a high return and definitely on a smaller scale. I’d also be open to new opportunities where I felt like there was a high probability of success and a high rate of return. I’m pretty good at running things.

CuriousFox

WR Officer

🦊

Sure. Need to figure out wtf I wanna do though 🤷‍♀️

FamilyTruckster

Politicker

Exec Director, Major Accounts

Be your own boss! I work for this company that allows you to bring on your own associates. Within 6 months you could have an entire team working for you! I can sign you up as one of my senior associates today.

🤣

SADNES5

Politicker

down voters are marketing spies

I don't want to ever worry about payroll and cash flows for others. I'd work for someone, never for self. I'm a simp like that.

Mudmoon18

Politicker

Sales Manager

Respect that. Sometimes I look at my founders and am just glad I don't have their level of stress. But that desire to build/have my own thing always creeps back in...

Diablo

Politicker

Sr. AE

That is my ultimate plan in a few years.. Slog for yourself..

CaneWolf

Politicker

Call me what you want, just sign the damn contract

Paperwork has been filed

Wolfof7thStreet

Valued Contributor

I desperately want to purchase a large plot of land on the Central Coast of California and open a winery/ legal cannabis grow operation. That said, I am not rich and would never want to be at the mercy of investors so.. retirement dream?

ultraman

Tycoon

Shepherd

I did it when I was 25 and ran that shit for 17 years, financial strain of the pandemic killed it and then I became a corporate sales savage. As much as I enjoy the whole steady paycheck, not thinking about work 24/7, cheap and good healthcare… I will rise again! 👊👊👊

Mudmoon18

Politicker

Sales Manager

What makes you want to try again so bad? Your listed pros of just being a sales savage look pretty attractive...

Sunbunny31

Politicker

Sr Sales Executive 🐰

Not for me. I enjoy not being on call all day, every day. As an IC, some things are simply someone else's problem...and that's fine with me.

JECU

Opinionated

Account Manager / Co-Founder

Currently a founder in a small bootstrapped startup. It isn’t for the faint hearted especially if you have a partner that knows nothing about sales and isn’t naturally competitive. Ideally I’d like to move into a small startup that’s investment backed and help build that out from nothing.

LordBusiness

Politicker

Chief Revenue Officer

I actually prefer to be a w2 employee. Many have told me I should be running my own ship, but I’ve just always preferred to have the consistency.

Fletch

Opinionated

Full-Time AE/Side-Hustle Owner

I have and actively run it alongside my full-time job. I’d you’re not an organized person (Yo), it’s incredibly difficult, as some days you’ll literally put down a laptop after a demo and then grab another laptop to start selling for your business. It’s tough.

jefe

Arsonist

🍁

I'd like to, but don't really have anything yet that I feel strongly enough about to make happen.

alecabral

Arsonist

Director - Digital Sales Transformation

Already did almost 10 years ago and still running it while working as an employee for a large corporation. I can't really say it's a company in the formal sense, it's just me and a bunch of collaborators. Each one has their own thing as well but we partner when needed. We were not looking to grow this in the past and we are not yet, it's good enough to keep it going and bring some serious income without dreaming big. I like where it's headed :)

countingmyinterest

Politicker

Account Executive

I've started my own a couple times, scary shit but you learn a lot and tend to value the stability of a paycheck.

I like working for someone else since it minimizes your responsibility to only selling, but if you sell your company, you can make way more money.

I'm trying to find a micro-saas or something to start/buy and expand it using the skills I'm learning from my day job.

cw95

Politicker

Sales Development Lead

I will, just need to start saving the P's more!

WomenWantMeFishFearMe

Politicker

Already started one. I'm working sales to pay rent and bills. I want to be my own boss ASAP

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Mudmoon18

Start your own company?

Do you plan to start your own company at some point?

28 comments

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