Hey everyone this is my formal introduction to the site/ my back story.
I am completely new to the industry, I come from a very poverished back ground with just the essentials. When I was offered an opportunity to embark in a career that inspired some of my favorite films, well I was all for it! haha
Full disclousr I am still in my first week, I am working for a boutique firm with a few veterains that all seem to be very to exteremly succesful. They offered to sponser me for my series 7 as well as provide me with all the material to ensure that I pass.
I have always had sales jobs and even spent a few years studying social dynamics so I feel like I have a great grasp on speaking and working with others/clients. I am not afraid of the challanges this industry offers but am actually extremely motivated to work a field where my salesmenship and interest in the markets can collide and offer me a great oppotunity to lift myself and those around me into a better quality of life.
Now onto the fun stuff
I work everyday from 8 am to 4 pm but usually stay late to get some studying done because it just works out better then if I go home. Ive spent everyday so far cold calling leads that my boss has accumilated through out the years ( some dating back 1995 ) essentially, all I am doing is qualifying and nothing else, so I can get a grasp on what it takes to succeed later on.
Knowing that I was planning on posting I actually kept track of my numbers today
calls - 126
contacts - 13
leads - 2 ( the third did not qualify only had 25k in the market )
If for any reason I am not dialing its because I am studying. I want to get into the habit of making over 200 calls a day because it seems that the only way I will ever make any real success for myself. I have no wealthy friends, I am just now learning about the market and industry sooooo yeah im literally starting from the bottom.
I have three months to pass the exam, another three to open 30 accounts then I will be on my own. Any thing else, just ask? any feedback, on my situation such as mistakes im making or whatever will be appreciated....
one last question, some guys at my firm say that its very much so possible to make 100k in your first year, in reality would be after my first 6 months so like 100k after 1 year and 6 months. I understand he pointed out thats the high end but even if I can manage half of that my first year, It would be worth the pursuit! Following my cold calling plan that I laid out, is that possible? keep in mind my limited knowldge :( so far. One other trainee who been there longer told me that realisticlly ill only make 200 a trade or new account and that ill be making shit my first 3 years and only good money after five. Anyone would like to weigh in, I dont mind the hard work, shit I actually enjoyed qualifying people, felt good and the rejection lol its no hard feelings.
p.s I did not proof read, I am sorry :/