How do you reduce the risks of being self-employed, on commission, or starting a business?

In part 1 we linked to the XL Wealth approach to help identify your success profile.

In part 2, we touched on the difference between self-employment, running a business, and the relative security of being a successful salesperson (and being a revenue & profit generator) vs. having a job and being a cost center.

In this 3rd part we share zenPeak’s risk reduction for self-employment, running a business, and working in a commissioned job.

For self-employed persons needing peak performing assistants or staff, and for businesses needing peak performers in every role, our NO RISK recruitment process and pricing is guaranteed to deliver. We even have special pricing for recruiting commissioned salespersons that are NO RISK to you.

What if starting or owning a business is impractical, and/or your skills are not suited to being self-employed?

Consider the security, and high income enjoyed by successful commissioned salespeople. This week alone we have 3 sales roles, in our client companies, where the top performers (all women by the way) earned $175,000 – online ad listings, $ 160,000 – telecom sales, and $180,000 – mortgage sales, respectively;  each of them can walk into any competitor and get a sales position instantly. That’s security!

zenPeak  has a number of these sales position opportunities that we call “certified”. What does this mean? The bottom line is that we carefully select the positions and companies we recruit for to make sure they offer the potential for high income earnings.

1. The Hiring Company is strong and has been in business for at least 10 years.
2. The Hiring Company has marketing programs in place to support sales and the sales force to grow the business.
3. The Hiring Company has training and support programs in place to assist new hires.
4. The Hiring Company is local and operates out of permanent professional facilities

What are the differences between being self-employed and business ownership?

According to Robert Kiyosaki, being self-employed and earning income based on an hourly rate or owning your job, is different from being a business owner. A business owner can earn income regardless of being at the office and/or working day to day. A doctor or dentist or real estate agent for example, are self-employed but still depend on their own day to day involvement and input to earn the bulk of their income. Being self-employed removes you from the insecurity of having a job and the possibility of being fired.

If you are a high-producing commissioned salesperson, you may not be technically self-employed, but the risks of being fired and not being able to replace your job, are low; since you clearly contribute to revenues and profits vs. being an expense or drain on a business.

If you are not comfortable having your own business, and are more inclined to being self-employed or secure in a commissioned sales role, then give some thought to how to increase your chance for success. It’s not just what you sell, but where and for whom that counts!