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  1. Peter2

    Anyone Ever Hire Sales People?

    No. Do not have written quotas for independent contractors. It may get you in trouble with their IC classification.
  2. Peter2

    Anyone Ever Hire Sales People?

    Order takers don't know how to ask for the order. They don't know how to overcome objections, and they give up too fast. A salesperson will ask for the order at least 10 times before they leave their appointment. They have an answer for every single objection, and they refuse to give up...
  3. Peter2

    Anyone Ever Hire Sales People?

    You don't need a trial period since they are not going to be an employee, but you do need them to sign an independent contractor agreement. You also need to make sure they meet all criteria to qualify as an independent contractor according to government rules and regulations. No one is really...
  4. Peter2

    Hello from TN

    Welcome to the fastlane. :)
  5. Peter2

    Anyone Ever Hire Sales People?

    A quiz can be good if it's very specific to what you are selling. You protect yourself by having them sign an application and the non compete, non disclosure agreement before you start the interview. I would say that 99% of the applicants have no problems doing that. The 1 % that say they will...
  6. Peter2

    What types of info can be used when selling a product?

    You should ask that company. Every company has a different set of rules and regulations. Could you private label this product?
  7. Peter2

    New member introduction.

    If you have to open manufacturing facilities and distribution centers for example, it would probably cost much more money than you profit from your business. It would take many years before you break even and start making a profit. Lets say you have a car repair company, and you want to scale...
  8. Peter2

    New member introduction.

    Can I increase the revenue fast, without increasing my expenses too much so that I still stay profitable during the expansion.
  9. Peter2

    Money Magnets

    Money does not come to you, you go to it.
  10. Peter2

    New member introduction.

    I will let you know when I do it. :) Basically, it will come down to a couple of different things that I would look at. Is this something that is morally right? Is there a market for this? Will I enjoy doing this? Is it easy to scale this business? What are the profit margins...
  11. Peter2

    Anyone Ever Hire Sales People?

    I have hired more than 500 sales people and interviewed several thousand. I have also read more than 10,000 sales resumes. My conclusion is that most sales people are not sales people. They are order takers. You need to start sorting them at the resume level. If they are jumping from...
  12. Peter2

    Where's the Opportunity?

    I have not been on the forum for a while, but I promise to type up a plan very soon. :)
  13. Peter2

    Hello from LouisvilleLambo a.k.a. Dave

    Welcome to the fastlane. :)
  14. Peter2

    Where's the Opportunity?

    Ok. Later this week, I will post how to build a small business.
  15. Peter2

    Where's the Opportunity?

    $10,000 is very little money to start with, but it can be done. I can think of several different businesses that you could start in Palm Beach county with that little money. They will not be huge money makers, but will be able to earn more than $10,000/month within 2-4 months, and...
  16. Peter2

    Where's the Opportunity?

    How much start up capital do we have to work with? How much income should this business earn? How long time do we have to reach that income?
  17. Peter2

    trading fast or slow?? need help!

    HOT! 
    If you can multipy your money at the speed you suggest, you would be richer than Bill Gates in just a little over 2 years. You have to set realistic goals.
  18. Peter2

    trading fast or slow?? need help!

    HOT! 
    Then you woke up and realised that you had wet your bed. :smxB: You will have a much easier time trying to pick the winning lottery numbers.
  19. Peter2

    I'm starting a business, need some advice

    WEB/DIGITAL 
    You guys are a little too concerned about your "idea". An idea means very little. It doesn't matter what you come up with. Chances are that someone else has already come up with the same idea. What DOES matter, is how you execute and market your idea. Friendster came up with an idea...
  20. Peter2

    What do you guys think of this web site?

    :iamwithstupid: I know people that have lent money to borrowers on Prosper, and they have had a higher than 50% default rate.

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