Why the way Alex Hormozi pays his sales reps is so brilliant

  Рет қаралды 96,002

Ravi Abuvala

Ravi Abuvala

Жыл бұрын

and how you can set up this structure in your business too to maximize team sales team performance. #
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Пікірлер: 56
@raycorc
@raycorc Жыл бұрын
pay your staff well, crazy tip
@RaviAbuvala
@RaviAbuvala 5 ай бұрын
$18,000/month is not being paid well?
@stephenlandrum2262
@stephenlandrum2262 5 ай бұрын
@@RaviAbuvalaI think he was saying the opposite of “oh no way, people getting paid well will work better? Whaaaaaattttt?”
@lilbrusselsprout8261
@lilbrusselsprout8261 9 ай бұрын
lol what? So what you're saying is...salary plus commission? As in what every decent sales job is?
@JosiahMatthews
@JosiahMatthews 4 ай бұрын
Make way more commission only just get higher comms%
@SouthwestTed
@SouthwestTed 3 ай бұрын
Look how smart he is, he said teleology oooohhhhh
@MarcioSouza1
@MarcioSouza1 10 ай бұрын
“All salary, with a bonus” literally means it’s not “all salary”
@julianchambersofficial
@julianchambersofficial 9 ай бұрын
No. All salary and no commission. The “bonus” is just like it sounds. It’s a bonus on top of the salary.
@tomkolo100
@tomkolo100 4 ай бұрын
enjoy being a brokie with that understanding
@byronrogers4489
@byronrogers4489 Ай бұрын
Thank you.
@byronrogers4489
@byronrogers4489 Ай бұрын
​@@julianchambersofficialthe bonus is not salary. It's not all salary.
@byronrogers4489
@byronrogers4489 Ай бұрын
​@tomkolo100 what's it like being a bookie? Apparently you know.
@swissmonkey117
@swissmonkey117 Жыл бұрын
Great take
@TrueWealthFinancial
@TrueWealthFinancial 4 ай бұрын
Amazing content!
@christopherhurst4224
@christopherhurst4224 10 ай бұрын
Nope! 100% commish brings the bad ass reps! IMO
@jonathanroy5924
@jonathanroy5924 Жыл бұрын
Mind blowing stuff
@scottkidd1969
@scottkidd1969 4 ай бұрын
Leveraging the production of your sales team will pay back in many multiples.
@Hdhdjfk
@Hdhdjfk Жыл бұрын
Great. I wonder why accounts like yours or alex’s get low views even though you give the best advice!
@augussierra
@augussierra Жыл бұрын
Fr
@meliodasblue4475
@meliodasblue4475 Жыл бұрын
easy answer no reposts
@ryanmurphy2089
@ryanmurphy2089 Жыл бұрын
Because the advice is dog shit
@ryanmurphy2089
@ryanmurphy2089 Жыл бұрын
The advice he just gave as take as much money from your employees as you can and pay them as little as you can lmao
@williamedward3198
@williamedward3198 Жыл бұрын
Doesn’t it make you think it might not be good advice then?
@oscargortez
@oscargortez 4 ай бұрын
This clip is... not the best. "They pay them all salary" (no clear explaination of what that is but ok) "and when you do this that means *mumble mumble*" so no clear explaination of what that means, and since you sped through what it means it makes me feel like you dont have a strong grasp of what youre talking about (even if you do).
@ryanmurphy2089
@ryanmurphy2089 Жыл бұрын
You mean a pyramid 🤣
@voi7ed412
@voi7ed412 11 ай бұрын
How is paying sales reps a salary brilliant???? I don’t think any account executives i work with would even look at a sales role that didn’t pay 80-120k base
@usynnstradler
@usynnstradler 10 ай бұрын
But do they take commission too?
@lilbrusselsprout8261
@lilbrusselsprout8261 9 ай бұрын
@@usynnstradler of course dude. Otherwise there is no incentive to sell
@usynnstradler
@usynnstradler 10 ай бұрын
Why would good sales people want all salary? When they can make so much more taking commission
@AlaskaJiuJitsu
@AlaskaJiuJitsu Жыл бұрын
Why would you not run your sales team on salary with a bonus? Sounds like a bad place to work if they don't offer that.
@DanielHarrisCodes
@DanielHarrisCodes 10 ай бұрын
Yeah this just sounds the normal approach, at least in the UK this isn’t really “genius”
@usynnstradler
@usynnstradler 10 ай бұрын
Most sales people want a base salary + 10-20% commission. That's typical. All salary plus a little bonus, who'd want that?
@TheHealth-Tier
@TheHealth-Tier 10 ай бұрын
High earning sales people we only want bigger percentage than salary 😂 to be honest.
@JosiahMatthews
@JosiahMatthews 4 ай бұрын
Most sales people don't convert at all.
@Jessebyob
@Jessebyob 6 ай бұрын
Wow I don’t think anyone in the comments owns a business nor has any sophisticated job experience 🤣. All salary means no commission… bonus is just extra. That’s a big difference.
@RaviAbuvala
@RaviAbuvala 5 ай бұрын
I mean I’m shocked at how unaware people actually are.
@ThisDesignLife
@ThisDesignLife 3 ай бұрын
You make less in the CSuite compared to what you can in a very high commission sales roll
@eyeseewho77
@eyeseewho77 4 ай бұрын
I have no idea what you just said.
@isaacshameer6561
@isaacshameer6561 Жыл бұрын
is it worth working for a company structured like this though
@alvinsheczlek5243
@alvinsheczlek5243 Жыл бұрын
Why wouldn’t it be?
@trevormyers3114
@trevormyers3114 Жыл бұрын
Only works well for good performers
@mikevineyard
@mikevineyard Жыл бұрын
What’s the base?
@mikhacoffman4522
@mikhacoffman4522 Жыл бұрын
I was working in a large company up until recently in sales, the company is new but the founder is also the founder of one of the largest mortgage brokers in US, and this new company is expected to swallow the real estate industry. So similar thing. Base salary was 50k, and if you performed well, and hit all quotas you would end up with bare minimum 100k, with the average laying around 150k, and that’s as a sales rep.
@mikevineyard
@mikevineyard Жыл бұрын
@@mikhacoffman4522 thank you
@JamesCampbell07
@JamesCampbell07 Жыл бұрын
@@mikhacoffman4522what’s the company called
@jacobygrove2202
@jacobygrove2202 Жыл бұрын
Which company? If you don't mind sharing
@mikhacoffman4522
@mikhacoffman4522 Жыл бұрын
@@JamesCampbell07 I rather not for their own privacy, they’re not hiring anyways rn,
@RD-AJD33
@RD-AJD33 Жыл бұрын
😂😂😂😂😂😂😂😂
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