tomasD
PARKED
- Joined
- Jan 17, 2023
- Messages
- 1
Rep Bank
$40
$40
Hello everyone, looking for someone who has experience with sales process and could help me find the last missing piece of the puzzle.
Not to make this an essay I'll just lay down the important facts:
- I have spent 100% of my time these past 5 years creating an online service
- Prices range from 300$ (95%~ of customers) to 1.5k$/month - it is subscription based.
- 400~ customers today
- 7k$~ monthly expenses + 15k$~ on ads for new client acquisition
- My cut is 0$
- Somehow I managed to get swindled by the company that we had a verbal agreement to split 50/50, my product and they do the client onboarding, support and (stupidly of me) - the payments, we are now stuck in this situation, where I own everything and nothing at the same time, with promises of more investments for bigger growth.
- Obviously I started doing this myself, although looking after the whole tech side of things and dealing with customers is not easy, especially closing leads because English is not my first language.
The issue:
I no longer want to partner with someone, I need someone to close the leads and do the support part. I get 10-30 interested leads daily, but was able to sign up only 6 myself. Wasting time on meetings that lead nowhere because I am too sincere to be a good salesman (and obviously sketchy non-American).
Who do I actually need to hire? Is it a 'sales rep', a 'closer', an 'account manager' or freaking 'sales engineer'
And most importantly what are the industry standards in this field, are they strictly commission based, do I give them a cut every month after they close the deal, what %% is normal for English speakers, and where do you find these people?
Appreciate all the insights, I'll take all the information you guys can give about how these things work in the real world.
Not to make this an essay I'll just lay down the important facts:
- I have spent 100% of my time these past 5 years creating an online service
- Prices range from 300$ (95%~ of customers) to 1.5k$/month - it is subscription based.
- 400~ customers today
- 7k$~ monthly expenses + 15k$~ on ads for new client acquisition
- My cut is 0$
- Somehow I managed to get swindled by the company that we had a verbal agreement to split 50/50, my product and they do the client onboarding, support and (stupidly of me) - the payments, we are now stuck in this situation, where I own everything and nothing at the same time, with promises of more investments for bigger growth.
- Obviously I started doing this myself, although looking after the whole tech side of things and dealing with customers is not easy, especially closing leads because English is not my first language.
The issue:
I no longer want to partner with someone, I need someone to close the leads and do the support part. I get 10-30 interested leads daily, but was able to sign up only 6 myself. Wasting time on meetings that lead nowhere because I am too sincere to be a good salesman (and obviously sketchy non-American).
Who do I actually need to hire? Is it a 'sales rep', a 'closer', an 'account manager' or freaking 'sales engineer'
And most importantly what are the industry standards in this field, are they strictly commission based, do I give them a cut every month after they close the deal, what %% is normal for English speakers, and where do you find these people?
Appreciate all the insights, I'll take all the information you guys can give about how these things work in the real world.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
