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zzz
ParticipantYou’re in sales but you didn’t mention anything about commissions or override on the performance of your team as a manager? Well you said sales more or less, so I’m guessing you’re not the outside new sales guy. Here are some questions I have and ones you may want to ask with respect to new role, as well as negotiate on.
–What is the OTE for the position as a manager? Is there no variable comp built in? Do you have commissions/ bonuses today in your current role?
–You may want to consider accepting a lower base IF your OTE is higher AND there actually people at that level achieving OTE or exceeding it. IF you cannot find that a good majority of the people achieve OTE, then its probably not a realistic sales target for the current stage of the solution/company, or the sales guys aren’t very good at what they do.
–OR, the lower base is commensurate with a change in role. For instance -if say you’re in a pre-sales sales engineer role, the bases tend to be higher, but the overall comp is lower than the saleperson. The salesperson’s base is typically 20-30% lower in some instances, but IF you do your job and you have a saleable product / captive audience, you should make far more than you could have as a sales engineer.
–If they cannot negotiate on base, negotiate on commissions. If they pay you an override based on team performance, negotiate a higher step up, accelerator above target, etc.
If you believe in the company, and this role enables you to make more money if your team produces, then you should go for it – stock options or not. Sales is about taking risks, otherwise what would be the point in putting yourself on the front line if there was not the possibility of bigger rewards?
ParticipantI have several friends who have bought the package of research this company has put together and purchased their car like fat_lazy described, all via email correspondence, and all paid below invoice. They leveraged other locations nearby – LA, etc and went back to their local dealers to ask them to match or beat the price.
Its $40, http://www.fightingchance.com
ParticipantI have several friends who have bought the package of research this company has put together and purchased their car like fat_lazy described, all via email correspondence, and all paid below invoice. They leveraged other locations nearby – LA, etc and went back to their local dealers to ask them to match or beat the price.
Its $40, http://www.fightingchance.com
ParticipantI have several friends who have bought the package of research this company has put together and purchased their car like fat_lazy described, all via email correspondence, and all paid below invoice. They leveraged other locations nearby – LA, etc and went back to their local dealers to ask them to match or beat the price.
Its $40, http://www.fightingchance.com
ParticipantI have several friends who have bought the package of research this company has put together and purchased their car like fat_lazy described, all via email correspondence, and all paid below invoice. They leveraged other locations nearby – LA, etc and went back to their local dealers to ask them to match or beat the price.
Its $40, http://www.fightingchance.com
ParticipantI have several friends who have bought the package of research this company has put together and purchased their car like fat_lazy described, all via email correspondence, and all paid below invoice. They leveraged other locations nearby – LA, etc and went back to their local dealers to ask them to match or beat the price.
Its $40, http://www.fightingchance.com
ParticipantWhat happens if say single person A buys a home, non-recourse loan. A marries person B – both have impeccable credit. Unfortunately person A took out an option loan and the reset presents a ridiculous payment on a property not worth the monthly payment, but they make the payment because the alternative is default. Lets say the loan is refi’d into a fixed loan and now the loan is recourse – but the only person on the loan is still person A. At some point they decide to walk away from the property – can the bank go after the co-mingled assets of A&B, plus what B had before the marriage? What happens to the credit of A&B?
ParticipantWhat happens if say single person A buys a home, non-recourse loan. A marries person B – both have impeccable credit. Unfortunately person A took out an option loan and the reset presents a ridiculous payment on a property not worth the monthly payment, but they make the payment because the alternative is default. Lets say the loan is refi’d into a fixed loan and now the loan is recourse – but the only person on the loan is still person A. At some point they decide to walk away from the property – can the bank go after the co-mingled assets of A&B, plus what B had before the marriage? What happens to the credit of A&B?
ParticipantWhat happens if say single person A buys a home, non-recourse loan. A marries person B – both have impeccable credit. Unfortunately person A took out an option loan and the reset presents a ridiculous payment on a property not worth the monthly payment, but they make the payment because the alternative is default. Lets say the loan is refi’d into a fixed loan and now the loan is recourse – but the only person on the loan is still person A. At some point they decide to walk away from the property – can the bank go after the co-mingled assets of A&B, plus what B had before the marriage? What happens to the credit of A&B?
ParticipantWhat happens if say single person A buys a home, non-recourse loan. A marries person B – both have impeccable credit. Unfortunately person A took out an option loan and the reset presents a ridiculous payment on a property not worth the monthly payment, but they make the payment because the alternative is default. Lets say the loan is refi’d into a fixed loan and now the loan is recourse – but the only person on the loan is still person A. At some point they decide to walk away from the property – can the bank go after the co-mingled assets of A&B, plus what B had before the marriage? What happens to the credit of A&B?
ParticipantWhat happens if say single person A buys a home, non-recourse loan. A marries person B – both have impeccable credit. Unfortunately person A took out an option loan and the reset presents a ridiculous payment on a property not worth the monthly payment, but they make the payment because the alternative is default. Lets say the loan is refi’d into a fixed loan and now the loan is recourse – but the only person on the loan is still person A. At some point they decide to walk away from the property – can the bank go after the co-mingled assets of A&B, plus what B had before the marriage? What happens to the credit of A&B?
ParticipantCONCHO- If you read the Recent Articles on here – No Housing Bottom in 2008, rents are falling. Don’t be afraid to make someone an offer. If you are a good tenant who isn’t throwing parties and appreciates keeping nice things nice, and you’re reliable for your rent, …there are condo owners out there who will rent at a price less than what they are asking so they can get a quality tenant. Looking at Craigslist you might think condo rents are going in the 1700-2K range in the Gaslamp for a 1 bdrm. Reality is that there are people paying 1300-1600 in fantastic locations (right in the heart of the Gaslamp /marina/ ballpark). Are you willing to move? If so, find a place to move, and let the mgmt co. know you’ll be moving in 30 days, unless of course the owner agrees to a lesser rent increase. If you move out, perhaps they’ll rent it the following month, but traditionally this time of year is slow. Is the owner willing to take a 1 or 2 month vacancy? If he/she can do simple math, it doesn’t compute to let you go.
ParticipantCONCHO- If you read the Recent Articles on here – No Housing Bottom in 2008, rents are falling. Don’t be afraid to make someone an offer. If you are a good tenant who isn’t throwing parties and appreciates keeping nice things nice, and you’re reliable for your rent, …there are condo owners out there who will rent at a price less than what they are asking so they can get a quality tenant. Looking at Craigslist you might think condo rents are going in the 1700-2K range in the Gaslamp for a 1 bdrm. Reality is that there are people paying 1300-1600 in fantastic locations (right in the heart of the Gaslamp /marina/ ballpark). Are you willing to move? If so, find a place to move, and let the mgmt co. know you’ll be moving in 30 days, unless of course the owner agrees to a lesser rent increase. If you move out, perhaps they’ll rent it the following month, but traditionally this time of year is slow. Is the owner willing to take a 1 or 2 month vacancy? If he/she can do simple math, it doesn’t compute to let you go.
ParticipantCONCHO- If you read the Recent Articles on here – No Housing Bottom in 2008, rents are falling. Don’t be afraid to make someone an offer. If you are a good tenant who isn’t throwing parties and appreciates keeping nice things nice, and you’re reliable for your rent, …there are condo owners out there who will rent at a price less than what they are asking so they can get a quality tenant. Looking at Craigslist you might think condo rents are going in the 1700-2K range in the Gaslamp for a 1 bdrm. Reality is that there are people paying 1300-1600 in fantastic locations (right in the heart of the Gaslamp /marina/ ballpark). Are you willing to move? If so, find a place to move, and let the mgmt co. know you’ll be moving in 30 days, unless of course the owner agrees to a lesser rent increase. If you move out, perhaps they’ll rent it the following month, but traditionally this time of year is slow. Is the owner willing to take a 1 or 2 month vacancy? If he/she can do simple math, it doesn’t compute to let you go.
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