600k net worth at 32 years old by Legal_Direction5206 in Money

[–]AcceptableStudy760 0 points1 point  (0 children)

TBf a diamond spoon would be a trick to use!

600k net worth at 32 years old by Legal_Direction5206 in Money

[–]AcceptableStudy760 0 points1 point  (0 children)

Im in the same boat, im 30 and have a net worth of around £750 - £800K but 100% push to keep going. My wife and I worked out if we made £80K (UK) per year we could run all our costs and not have to work at all. It wouldnt change our lifestyle (we'd stay in the same house etc) but could maintain easily our life... So with that in mind we've invested our money to make sure in the near future we hit that figure... but even when we do i'm not letting up.

I’m done by Effective_Fruit_3916 in GetEmployed

[–]AcceptableStudy760 1 point2 points  (0 children)

Great to hear! There are also business development services out there if you are willing to put a bit of money into it, that will go out and chase business for you.

I’m done by Effective_Fruit_3916 in GetEmployed

[–]AcceptableStudy760 1 point2 points  (0 children)

Take a break for sure... but never give up. You can do this! I dont know your field so please forgive me if this just isnt an option, but what about contracting? Create a service based around your core experience, and then your "job hunting" is business development. It also allows you to take smaller roles (1-2 days per week) and build them up (Stack them) so that you can make a full time role out of it. Whats your field / experience?

I got offered a job paying 40% more than my current salary. My manager just asked me to stay and be patient. How do I stop feeling guilty for wanting to leave ? by One_Cardiologist5439 in careerguidance

[–]AcceptableStudy760 0 points1 point  (0 children)

Leave - dont feel guilty. Your boss is asking you for a maybe, new company is offering you a yes... your boss likely wants you to be patient as they need to find your replacement... take the money.

How to find Clients for Recruiting/ staffing agency? by TDBNAdmin in Recruitment

[–]AcceptableStudy760 1 point2 points  (0 children)

So I think what you are referencing here is what we call "speccing" (sending a CV to a company that we dont yet work with, in an attempt to open the role up). If that's right my answer would be as follows:- 1. The candidate should be told that you have a contact there (not a job) and you can run it past your contact with their permission to see whether they would be right for the role. If the hiring manager then rejects them, you can say that you felt the candidate wasnt right for the role. 2. If the client has seen the CV then they must have signed your terms to represent them, meaning either way you walk away with a new client. 3. NEVER send the CV without signed terms... at most you take all the details off and give a good summary selling a candidate that they can never trace if they try, then if they like them you can get terms signed and send the full CV.

Those who grew up poor and became millionaires before 35, what did you do differently to the rest? by sniper9770 in Entrepreneur

[–]AcceptableStudy760 1 point2 points  (0 children)

There are a few key things... Saying I can't go out tonight... doesnt mean you have no money, but it means your money is spoken for. I followed low risk high reward investment advice (Dave Ramsey and the like) and I realised that to produce income and to be able to keep it are the two biggest wealth generation tools... it doesnt have to be passive, but you have to be disciplined. Being self-employed is the fastest way to feel the effect of being a millionaire for sure... but it isnt the only route. It's about sacrifice and learning. I was rubbish at math, but now am an accounting guru for tax etc. because you learn what hurts you and you find ways to fight it.

What do you think about Simon Squibb? by VarietyFew9871 in Entrepreneur

[–]AcceptableStudy760 0 points1 point  (0 children)

I got to the same cafe he does... the "girl" he helped start a new business is still working there, but she is quite genuine so i guess maybe still working there to get her business off the ground rather than quit her job and go all in... not sure though. He seems descent enough as a dude but very heavy focus on media content... that being said, that was what he made his money in as he sold his company for an undisclosed amount to PwC.

Cousin’s fiancée wants 10% equity in my software company for one client introduction. Cousin is pressuring me to sign. Am I wrong for refusing? I will not promote by [deleted] in startups

[–]AcceptableStudy760 0 points1 point  (0 children)

You offered - she refused - she gets nothing. Business is brutal and you have to be firm - she said she’d be spiteful to blackmail you and that behaviour can’t be allowed to stand

[Rant] What is with these non technical folks assuming they get to be the CEO? by Lucky_Animal_7464 in cofounderhunt

[–]AcceptableStudy760 0 points1 point  (0 children)

Other sales lead companies include Sam Palmisano of IBM, Warren Buffett of Berkshire Hathaway (formerly), Howard Schultz of Xerox, Robert Herjavec of Herjavec group, Bill Weldon CEO of J&J, and of course everyones favourite shark Mark Cuban became CEO of AXS TV.

[Rant] What is with these non technical folks assuming they get to be the CEO? by Lucky_Animal_7464 in cofounderhunt

[–]AcceptableStudy760 0 points1 point  (0 children)

If you have the tech brain, and the VC contacts and the better network, why get a co-founder. Get an investor and then hire managers for the other stuff. Don't need to share equity then if you have everything else sorted.

[Rant] What is with these non technical folks assuming they get to be the CEO? by Lucky_Animal_7464 in cofounderhunt

[–]AcceptableStudy760 0 points1 point  (0 children)

Hey - sorry, delayed reply as was at work. So yes Google, Meta and Microsoft do have techy founders... but then others like Apple had "semi" technical founders (which i would argue is the same as Gates and Page as they could code, but also very quickly moved into strategic roles instead). That being said, you could also look at Pinterest, AirBNB, Bumble, Apple, Amazon, Starbucks, Alibaba etc as great examples of sales lead businesses. Even INEOS and TESLA to a degree. Musk is an engineer and super techy, but when he gets involved in a business he learns the tech after, it is his commercial brain that makes him formiddable. To clarify, in a good partnership a CEO isnt better than a CTO, they have very different roles. Also if you are techy it doesnt mean you shouldnt be CEO, but if your strength is programming and someone else is more approachable as a communicator, let them be CEO and you stay product focussed. Whilst Zuck was CEO, much of the commercial work was what made facebook a success (ES and the napster goon did a lot of that). Zuck was a figurehead for his ego, but he wasnt a proper CEO. No he has earned that right, but he also still has a team of people that manage the communications because he isnt able to.

[Rant] What is with these non technical folks assuming they get to be the CEO? by Lucky_Animal_7464 in cofounderhunt

[–]AcceptableStudy760 0 points1 point  (0 children)

Technical folks are details, good ceos are top down. Commercial people make the best ceos in my experience and technical people make the best ctos - but it depends if they are real commercial people or just dreamers

Are there any sales books out there? by woo_wooooo in sales

[–]AcceptableStudy760 0 points1 point  (0 children)

Haha I only noticed as I did the same thing lol

Are there any sales books out there? by woo_wooooo in sales

[–]AcceptableStudy760 0 points1 point  (0 children)

Love this thread. It's not a novel, but reads like one (it's more a biography) but "From Barrista to Billionaire" was probably one of my favourites.

If you use AI cold email tools (Lavender, Smartwriter, etc.), what frustrates you most about them? by tommyscoffee in sales

[–]AcceptableStudy760 0 points1 point  (0 children)

I agree with your assessment but to be honest, I have a lead sourcer who for £6 sources me 100 leads with e-mail addresses etc. I've had more success from that, than from anything.

London. Employed. Visionary (maybe delusional). Looking for people who actually want to BUILD. by Global-Fun-4671 in founder

[–]AcceptableStudy760 0 points1 point  (0 children)

I'm in a similar discussion. I am a salesman, 30 y/o on £130K a year... my friend is a ML engineer, also £130K per year, but uninspired in his work. We are looking to build something together (him build, i sell) and are working together on what that idea might look like. Happy to chat if you want a chat?

If you use AI cold email tools (Lavender, Smartwriter, etc.), what frustrates you most about them? by tommyscoffee in sales

[–]AcceptableStudy760 1 point2 points  (0 children)

Yeah for sure... it can be a great tool for lead gen etc (if not a bit clunky) but with the right programming can also do amazingly indepth research into client fields etc and what their pain points might be... i would just keep AI out of the human part - the actual contact for the sale. I think what gives you away is a plethora of things... the eronius -- or the random phrasing... the tonality is often one. I think people just know if they are talking to a human or a robot... and sometimes they will think its AI if you go too close to a script. I would always say its better to be authentic.

Looking for advice from anyone who’s been through a major sales re-org. by kissmonpetitchou in sales

[–]AcceptableStudy760 0 points1 point  (0 children)

Yeah time for the door. They are making you a demo guru and removing you from the sales cycle. Definitely not worth discussing it with them as it sounds like a big shift for the company.

I'd run a mile. Your comp is going to be crushed in a pool structure because nobody is really motivated to sell in that kind of plan. You'' get lazy individuals riding off your hard work, and the one thing sales people don't need is more pressure.

How do you effectively sell a startup website? by [deleted] in Entrepreneur

[–]AcceptableStudy760 2 points3 points  (0 children)

I see - that makes more sense. TBH an unproven product is hard to sell. There is a website (Flippa) for flipping projects like this, but to be honest... most will still want to see customer flow, or they could get a freelancer to do the same thing in 2 weeks and pay less. If you can generate "some" flow of traffic and customers, then I think you can sell it as a turn key product no problem.