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Old 2006-10-24
Unregistered
Anonymous Coward
 
Posts: n/a
Default Re: Future Enterprise MT's please read

Quote:
Originally Posted by Unregistered View Post
I will be a RRM in less than a year. I will move into an RVP 2 years after that. I will be a GM before I am 35. I will do that for 5 years and call it a day. I am able to do what I do because I am fully staffed and my people are great. When you grow your deal at 10+% every month, consistenly have 100+OP, and maintain ESQI above the corporation, you can do whatever you want. Granted I used to work more but now I have everything in place and I can relax a little. As far as the other ?. I put the max allowd into my 401K, and I put away 4K everymonth. I own 3 homes that I rent out. On a 15 year mortgage and nearly 1/3 paid off by renters. That is the recipe for early retirement. Good luck to all of you.

Buddy, let me give you a little hint. Every month you see the "Top Dogs" at ERAC calling it a career. These are the folks that are making $900,000+. Those are the roles that you aspire to be in. That is your motivation, the big pay out. Who wouldn't want it. But, now look at the people that are replacing them, what are they getting paid? I saw my RVP who was making 10% of the region(approx $700,000 to $850,000) retire and he was replaced by someone who is now making 2.5%. The Taylors, and god bless them because they are smart, sell everyone that all of the money they make goes back into the company. Reinvesting in their people! So, why are they paying the replacements so much less. Why when I was an MT they paid my ARMS $125K+ and now they pay them $80-$100K and they do ten times the work. That big payout is no longer there. I am an ARM and my RVP works 7:30am to 6:30pm M-F and Saturdays 9am to 12pm. They all do. Work life balance is a joke. There is more to life. Watch your kids grow, coach their teams and don't waste more time looking for the payout that no longer exists. I know that I am out and I made $100K last year. But the stress and hours are just not worth it...........
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