Well folks, I did it. I got tired of all the BS and negativity around my workplace so I split today. Told my boss I was out and he wanted to know why and all this other stuff so I told him.

Anyway, enough about that. The question is, "What do I do now?" I've been selling cars for around 3 years now and I know I can walk into any automotive dealership in town right now and get a job doing that. Problem is, I am not sure where I want to go, if anywhere.

Another option, the Honda motorcycle place where I bought my bike is hiring. I put in an app there with the owner, and he seemed friendly about the whole thing. I also have an outstanding job offer on the table from Time Warner Cable, doing inbound sales. Anyway, not sure what to do here. Any suggestions?

 

Well I guess alot of times it comes down to money. Which of these pays better?? I money is not an issue then which one would you enjoy more? I think selling motorcycles would be a blast. You might have to take a little vacation somewhere fun and think about it.

 

If there is less than a 10K/yr spread between the cable gig & selling bikes, I'd sell the bikes in a heartbeat.

Otherwise, grow up and think long term - and that means putting cash in the bank and fattening up your portfolio.

 

Well, first of all, congrats! I'm in sales and there have been times that I've wanted to do just what you've done but couldn't, my wife stays at home with our 2 kids and my current Inside Sales Position pays too well.

I've been doing outside and Inside sales for the last 10 years since graduating college (most of my experience being inside). Some things that I have learned:

1. I will NEVER do business to consumer sales, strictly business to business. reason being is that it is easier to convince people to spend their companies money than their own money on something they need/want.

2. Chances are that if you back to selling cars again, you will have the same issues as before, just disguised differently.

3. I prefer inside B2B sales for the following reasons: I can wear shorts and t-shirts to work, it's mostly 8-5, I don't have to put a million miles on my car plus I commute to work with another guy (which saves a ton).

About the only downfall is when I hit my quota for the month, I still have to be here, where as with outside sales you can usually coast until the next month.

Let's face it, sales is not glamorous work by any means, but the pay can be outstanding iof you're good at it.

What's this TWC job all about? They are actually one of my customers.

 

Depending on your age, this should have been your first thoughts before quitting??? I'm an old fart, so even thou I hate my job too, I ain't leaving it until I find something better and have that new job lined up before I give my notice!

All I can say is you now have the time to check these things out, so depending on your financial situation, will determine how desperate you need to be in taking a new job...

Good luck!

Mitch

 

Well here's one i dont think anyone wanted to say... Go get your self a drink at the bar and celebrate the rest of the day. Then bust your butt from tommorow on to find a better job.

 

Well, I turned out to be a pretty good salesman- and there's not much I love more than cars. So, if I ever lose my gig, I'll be sellign cars shortly there after, until something in my career field lines back up.

I knew a couple 6-figure salespeople in the automotive industry (Trophy Nissan/Mesquite). What was pissing some of the people off I knew in car sales (Bankston Nissan/Dallas) was companies like AutoNation were buyign them, and putting them on salary w/o commission. Don't know if that's still valid, or if autonation still exists.

I know it'd be a lot of work, but $150,000.00 a year (if I coudl make such a lofty goal) selling cars, on top of what my wife makes, would put us on easy street.

 

Now you're unemployed.

Probably not. Unless you have amazing discipline (and not buy a dozen cars) you're likely to be where you are with the same debt to income ratio and worrying/stressing just as much. For most, the equation works out something like this . . . Expenses = income plus available credit. You'll have some nicer stuff, nicer place, because usually when folks make more money they increase their standard of living . . . so they're still in debt, still needing to make more.

Bring in more money, don't move, don't get new stuff, and don't change your lifestyle and pay down debt and save, then maybe you'll be on "easy street" in about ten years or more. But most folks can't do that, they make more and they want to "have something to show for it".

 

Man, you hit the nail on the head there- being in debt and wanting to get out (or at least even) has opened my eyes. I often wondered why in teh hell some of my neighbors have S550's, XJ's, Vipers, CL500, CLS500's, etc in their drive way, and live in my neighborhood. Not that my neighborhood is bad- but, these are not $500,000 houses by any stretch of the imagination. (They woudl be in California, though )

Now I know. They learned the lesson I have, paid down their debt, and kept the house they had- rather than get the most house they can afford. Now they can have nicer toys...

Some will tell you buying the most house you can afford is never a bad thing, since it usually appreciates in value. But, I can certainly see how it can be.

I can't say I wouldn't get anything nicer than what I have today. But, one things for sure, I'd never act a fool with those credit cards again...

This guy introduced me to the concept of bill stacking a while back, and I recently go into it, and I like the results so far. It'll probably take 4 - 5 years, but I'll get things back under control...

Funny, I had more disposable income when I was making $38,000 than I do today, making more than twice that much...

Poster child for make more, spend more. I would like to change that.

 

That's what they called it... As simple/common sense as it is, it just takes discipline to make it work... That's the hard part.

Say you owe:

Sears: $2,400 @ $80.00/month
Dillards: $700 @ $21.00/month
Discount Tire: $1,200 @ $56.00/month
Best Buy: $3,600 @ 94.00/month

You take either the lowest bill, or the one with the highest interest rate, and pay it off first. Let's say Dillards has 23% interest rate on their cards- you pay them off, then add that $21.00 to your Discount Tire bill. Istead of paying them $56.00 (minimum) pay them $77.00 until they're paid off. Then, when you get ready to focus on Sears, instead of paying them the $80.00/month, you pay $157.00 a month.

Once they're paid, you move to Best Buy, and instead of paying them $94.00 you pay them $251.00/month.

It'll take some time, bonuses and tax refunds will help speed it along, but- aside from hitting the lottery, if you were not smart enough to live well below your means (As I wasn't) , this is the quickest way to pay off old debt, without filing bankruptcy, or going through CCMS.

I had a friend who went through CCMS to pay of bills he racked up in college and couldn't pay. For him, CCMS was like filing bankrupcy. He's wanted a new car, but couldn't get one since we met in 1998, because his credit was hosed. Bit him in the **** again when he went to buy a house. I haven't seen him in 2 years, so I'm sure that has cleared, and he's probably paid his debt down, and got that 6-series he was looking for.

 

Consumer Credit Management Service, or something like that...

 

Bill stacking is an old mormon thing too, something about money management skills. Anyway, I got a couple opportunities open to me. I applied at the bike shop today, and I went down and talked to the cable co. I also had the owner of the Nissan store where I was working call and tell me she will try to find something for me, since she knows lots of people.

 

Never do not refuse to not consider teaching sign-language to the blind.

Just sayin'..

 

There's never been a truer statement. Take Mr. Warren Buffet for instance. You might remember him being in the news a few months back. He pledged to give away nearly all of his life's earnings, starting with a $600 million donation to the William H. Gates Foundation.

Well anyways, today Mr. Buffet is the second-richest man in the world (personal net worth- $52.4 billion), he still lives in the same 5 bedroom gray stucco home in Nebraska he bought four decades ago for $31,500, until recently drove an older Lincoln Towncar (he auctioned it on eBay for $76K which he donated to a Girls group). Now he drives his self, no chauffeur, around in 2006 Caddy and eats burgers or steaks for lunch and dinner, always washing down his meals with Coca-Cola (a company in which he has invested since 1988.) His only vice - fondness for luxury air travel. He owns a Gulfstream IV-SP and says that he really can't defend its ownership. He's a simple man, who lives a simple life and never tries to keep up with the Jones'.

He is the CEO for the holding company Berkshire Hathaway (owner of such subsidiaries like Geico insurance) and earns a salary of $100K / year. His wealth comes from investments.

Watch more about his life and philosophy here:
http://www.youtube.com/watch?v=NBb_T...elated&search=
http://www.youtube.com/watch?v=mPbYe...elated&search=

I like Mr. Buffet's statement in this interview - standard of living is not tied to the cost of living.

 

I don't know if he still does or not, but Ross Perot used to tool around Dallas/Plano in a Chevrolet Caprice Classic, that he drove himself.


That's the difference between wealthy men, and rich men.... Wealthy men are frugal, rich men are flambouyant.

PS: Warren Buffet is now the third richest man. That dude in Mexico recently uprooted Bill Gates as the richest man in the world, with an estimated net worth of $90 billion dollars. Bill Gates was number 2. According to Fox news circa two weeks ago.

That guy (The new richest man in the world) said he wasn't interested in being Santa Claus, like Bill Gates and Warren Buffet, giving is money away...