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24
BUSINESS CHICKS latte magazine
DOLLARS & SENSE
What makes
someone decide to
trade the comfort
of a regular salaried
profession and go into
commission sales?
Kirsty Spraggon,
author of Work As
If You Own It, shares
her tips on growing
your wealth.
As Sir Edmund Hillary said
`It's not the mountains we conquer but ourselves.'
C
ommission only roles offer the lure of free-
dom; the freedom to be your own boss,
work your own hours and make your own
choices. Additionally it offers the potential to cre-
ate unlimited wealth and an extraordinary lifestyle.
In this world you are running your own business
within someone else's business.
There are two areas that you will need to master
to thrive in commission only roles;
Self-discipline & Accountability
As Sir Edmund Hillary said `It's not the mountains
we conquer but ourselves.'
Whether you're a sales person operating within
a corporate structure or a solo entrepreneur start-
ing out completely alone, the fact is that you are
your business - especially until or unless you have
staff. If you don't feel like getting out of bed one
day, the reality is your business will not run. Con-
quering yourself is far more important than the
journey itself.
Opening Relationships
If you choose to focus on closing sales you'll be
forever on the `one-off treadmill'. Whereas, if you
open relationships and invest the extra time build-
ing meaningful foundations from the outset you
will fi nd your business grows and takes on a life of
its own in no time.
Position
In the tough times this way of being in busi-
ness takes on particular signifi cance because
you have a whole army of business ambassa-
dors out there for you, advocating your service
above any other because you go out of your
way to look after them so well, even when there
is no deal being made at the time.
Contrast this to if your business is run on
the hand-to-mouth principle of closing a sale.
This approach makes you totally dependent on
new clients and extremely vulnerable to mar-
ket forces outside of your control. If economic
conditions change or a new competitor enters
the market you may well suddenly see your cus-
tomer pool shrink or even disappear.
The only sure way to ride out economic ups
and downs is to have planned ahead and built a
stable database of loyal, repeat and referral cli-
ents because at the end of the day even if there
are fewer customers out there, there are always
some customers. It's your job to make sure that
you are the person of choice in such times of
increased pressure and competition.
Working as if you own it is not for the faint-
hearted: it will require stamina, drive and de-
termination and I guarantee there will be days
when you want to give up but the great rewards
will come if you choose to forge ahead and
keep going.
L