How To Make $1,000,000 In Profit Over A Year - Marketing & Sales - Contractor Talk

How To Make $1,000,000 In Profit Over A Year

 
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Old 03-25-2014, 09:28 PM   #1
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How To Make $1,000,000 In Profit Over A Year


ok so i got in to a small to large bet with my boos he said that if i could make the company $300,000 in the first year he would give me a ridiculous large bones then if i got $700,000 the next year he would do the same then as soon as i can make him over $1,000,000 in a year he would buy me a brand new top of the line truck. so any suggestions and or help would be appreciated.
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Old 03-25-2014, 09:33 PM   #2
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Re: How To Make $1,000,000 In Profit Over A Year


...so if you make him a profit of $1,000,000, he'll buy you a $75-80k truck? what a deal...I'll make you a better offer, come make me $1,000,000 profit and I'll split it with you, 60/40...you get 60% I get 40%...

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Old 03-25-2014, 09:37 PM   #3
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Re: How To Make $1,000,000 In Profit Over A Year


75/25.
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Old 03-25-2014, 09:48 PM   #4
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Re: How To Make $1,000,000 In Profit Over A Year


^*#$...fine...20/80.
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Old 03-25-2014, 09:49 PM   #5
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Re: How To Make $1,000,000 In Profit Over A Year


Do I have to work at all?
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Old 03-25-2014, 09:50 PM   #6
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Re: How To Make $1,000,000 In Profit Over A Year


Quote:
Originally Posted by vos
ok so i got in to a small to large bet with my boos he said that if i could make the company $300,000 in the first year he would give me a ridiculous large bones then if i got $700,000 the next year he would do the same then as soon as i can make him over $1,000,000 in a year he would buy me a brand new top of the line truck. so any suggestions and or help would be appreciated.
So now your going to be there head sales guy .
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Old 03-25-2014, 10:21 PM   #7
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Re: How To Make $1,000,000 In Profit Over A Year


i know its a pipe dream but would be cool to do
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Old 03-25-2014, 10:34 PM   #8
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Re: How To Make $1,000,000 In Profit Over A Year


If you could make that much for your boss, why not do it for yourself?
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Old 03-25-2014, 10:35 PM   #9
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Re: How To Make $1,000,000 In Profit Over A Year


I'd start here

Quote:
Originally Posted by vos View Post
he would give me a ridiculous large bones
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Old 03-25-2014, 10:39 PM   #10
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Re: How To Make $1,000,000 In Profit Over A Year


The secret doesn't lie in construction.
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Old 03-25-2014, 10:55 PM   #11
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Re: How To Make $1,000,000 In Profit Over A Year


Quote:
Originally Posted by Frank Castle View Post
If you could make that much for your boss, why not do it for yourself?
i don't have the capital
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Old 03-26-2014, 04:58 AM   #12
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Re: How To Make $1,000,000 In Profit Over A Year


Sounds like he just gave you a quota to fill. Don't fill the quota, you're history.
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Old 03-26-2014, 08:08 AM   #13
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Re: How To Make $1,000,000 In Profit Over A Year


Are you talking gross or net with those numbers?
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Old 03-26-2014, 08:12 AM   #14
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Re: How To Make $1,000,000 In Profit Over A Year


[QUOTE=CENTERLINE MV;1985523]Are you talking gross or net with those numbers?[/QUOTE


gross
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Old 03-26-2014, 11:11 AM   #15
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Re: How To Make $1,000,000 In Profit Over A Year


Step 1 learn sales terminology

"Make" a million dollars in "profit" isn't gross, its "net" which is infinitely more difficult than "grossing" a million dollars in sales.

"Selling" a million dollars of business is "gross"

"Making" is "net"

Step 2 pin down specific terms

What is ridiculously large? Press for a number, percentage or specifications not some promise to get you to chase after a mirage

Step 3 With the ability to sell enough work to "net" one million dollars, as suggested, you should seriously look into accessing capital and working for yourself

With the lack of detail, misused sales terms and an obvious lack of comprehension sounds like a motivational conversation without substance, also known as B.S.

Offering empty promises without details spoken to an unsuspecting audience that does not question or insist on important reliable details is just silly motivational nonsense.

Get real is my best advice. As in real numbers and a pay system in writing.

Last edited by PoleBarnsNY; 03-26-2014 at 01:29 PM.
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Old 03-26-2014, 11:16 AM   #16
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Re: How To Make $1,000,000 In Profit Over A Year


Get it in writing!!!!! All of it.
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Old 03-26-2014, 01:15 PM   #17
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Re: How To Make $1,000,000 In Profit Over A Year


I just spilled my coffee..
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Old 03-26-2014, 01:31 PM   #18
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Re: How To Make $1,000,000 In Profit Over A Year


[QUOTE=vos;1985526]
Quote:
Originally Posted by CENTERLINE MV View Post
Are you talking gross or net with those numbers?[/QUOTE


gross
I could do that by selling all my goods at cost.

Suggest that to your employer.
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Old 03-26-2014, 02:13 PM   #19
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Re: How To Make $1,000,000 In Profit Over A Year


I remember having a bonus as part of my renumeration once.
$3000.00 per month plus bonus.
Busted my a** 7 day's a week.
Three houses finished early with very few items on punch list.
Never saw a bonus of any amount or kind.
I quit.
Not haveing the terms of the bonus spelled out, and on paper is a waste of time.
It is left up to the discretion of the cheapskate.
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Old 03-26-2014, 02:25 PM   #20
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Re: How To Make $1,000,000 In Profit Over A Year


Sometimes Ill have a blue sky conversation with a guy who doesnt understand the costs of running a business and wants more money right now. I told one guy hey Ill pay you half of whatever you produce. I saw him run the figures on how much work it would be to get to the njmber he wanted and that was the end of that conversation.

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