Sales Training: Financial Freedom - Commissions Are Better Than Wages and Profits are Better Than Commissions

By Mark Bowser

Commissions are better than wages and profits are better than commissions. Strong statement. But why is this true? Well, with a wage, you make the same no matter how hard your work (at least for the short term and then if you don’t work you get nothing.) With commissions, the harder you work, the more you receive. The better you get and you receive even more.

Profits are better then commissions because this is where the lion’s share is found. There is more risk when you own the potential profits but there is also more reward. You also have more control to change things for the better. Remember, there is no success without risk. Profits are where the fortune is found. I go for the profits and so my fortune is secure. How about you?

So, how can you get started down the road to profits? Here is some great advice from America’s foremost business philosopher Jim Rohn. Take your weekly income and live on only 70% of it. Take the other 30% and break up as so:

10% for church and charity
10% for passive investment such as savings, a Roth IRA, Mutual Funds, etc…
10% for active investment to make a profit.

This is how the last ten percent works. Buy and Sell. Buy something and try to sell it for a profit. Today, we have the advantage of so many places where we can sell products. For example we have eBay, Amazon, your websites, flee markets, just to name a few.

Maybe today, you can’t live on 70% of your income. Maybe you are in a place where your expenses are that high. Maybe you need to start out with 3%, 3%, 3%, and live on 91%. But you have to start somewhere if you truly want to be financially free. My advice is to get up to the 10% for church and charity as soon as possible. When you honor God with your first fruits, then He will honor you with more opportunities and blessings.

Start today for your future. Little by little is all it takes. Commissions are better than wages and profits are better than commissions.