Yellowstone Capital August Sales Spiff for inside reps.
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  1. #11
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    Quote Originally Posted by jotucker1983 View Post
    Lol, yeah but guys, nothing out of hand went on in the video? The video is designed to spotlight particular sales reps who went above and beyond their quotas set. That video in particular is the least of our worries from an industry standpoint.

    What we ought to be focused on as an industry, are the merchants I sometimes run across who have 3 - 7 stacks, with 30% - 40% of their monthly gross sales going to payback advances. The merchants are literally in tears begging for help because their business is about to go under as a result of the stacks. It's these types of situations that are going to get us (as an industry) in trouble.
    I am not with you on the number of position issue, it seems irreverent if a 1st position funder is taking 30% of his deposits or if its a handful of Advanced companies that together take 30%..... I guess the argument can lead all the way to the US Consumer Rental MARKET: Can landlord take 30% of a tenets Income for Rent. ( i believe millions give 50-70% of income to rent.... should Government decide that a business owner CAN NOT sell his future sales for a discount for upfront capital.
    Last edited by mcaguru; 09-02-2016 at 03:08 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
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