Part Time Jobs for Traders

I have an life and health insurance license for 6 years, but have never sold anything. Actually I just took the continuing education classes today so that I can renew it. One of the classes- Ethics in the insurance business. I always thought that was a bit of an oxymoron.

Unfortunately, in the insurance business it pretty much goes like this. They recruit you, promise the world, and then once you sign up, they tell you to call all of your friends and family and go sell to them. Either that or cold call. This is not just Primerica I’m talking about. I worked for one of the big ones. Unfortunately I am not the big salesman type. I mean I like selling stuff to people because they need it and I want to be able to get them the best product. A clean concience is very important to me. Win/win is possible. I would love to work as an assistant or something like that. Unfortunately, mentorship and such is not common any more. In 5 months at the company, my boss made 15 minutes worth of calls with me, and took me on one appointment. Everybody else under him left within 6 months after me. They provided lots of training, but that doesn’t get you leads.

 

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Thank you so much for you responses. You don’t know how much it means to me to finally get some support out there. Sorry for the delay in getting back, I was busy working for the Man.

Things haven’t gotten much better, but I’ll keep trying. Everybody I know is struggling right now. I’m sure you’ve heard the stories on the news about highly qualified people doing crazy things to get jobs. One woman ironed her resume to her shirt so people would see it. I am not alone, there are people I know that don’t have enough money for this months bills. Something is wrong when these people can’t find jobs.

My dream is to one day open a business, probably a restaurant, and actually pay people good. Probably, everybody will get minimum wage and then we figure up a way to split most of the profits at the end of the month. I believe that if you give people a reason to work hard, they will. I believe the business will run better because people will have a vested interest in it and as a result you can be more efficient and do more sales with the same amount of people. When I’m done doing this, I want to expand the business. Soon everybody will want to come work at our store because they heard about the opportunity. Then, customers will keep coming back because they know this store will take care of them.

All of the employees at my competitors wll want to come work with us. They won’t be able to hire enough people because they’re sucky employers. Then, I will take all of their business. I have worked for all three major pizza chains in my area. Trust me, this can happen very easily. People there hate their jobs. They will work hard for the right opportunity. Customers are easily swayed to try something new.

When I am done, I will start a credit card company. However we will be honest. People will not have their interest rates go up when they have perfect credit history. We will offer rediculous deals and put the credit card companies out of business. People will know that our company can be trusted.

All of this will be like a snowball effect. Get it started a little bit, and the rest will build from momentum. We will build the largest company of employee run and benefited businesses. Soon the companies that I have been screwing people for years will be out of business. I will hire all of their good employees and treat them right. The executives can come sweep the floors. When a bad company refuses to go under, I will just buy the shopping center they are in. Then, when their lease is up, I’ll jack up the rent so high they’ll have to close.

I don’t understand why all of these rich people spend all of their money on charities. I don’t see how charities can ever really solve problems. I want to be the first mega rich person that gives all of his money back to the people who helped him build it. This will benefit the economy greatly as there will be less of a concentration of savings amongst a few people, and especially corporations.

For all of those people who think paying people $4.50 an hour is ok because that’s the free market, fine, if that’s the way it is, I say it’s the free market for me to put every single one of them out of business.

This is my dream, you can make fun of me if you like. But I won’t give up. If I can take down just one bad business, and give those employees opportunity, it will be worth it. I know I won’t be able to accomplish everything, but if I can make this world a better place for hard working people, I will try.

 

are your parents cool about you having women sleep over?

 

Love your idea to help those that helped you build your business. There are a few businesses out there today still doing that - but I admit it is very rare. Especially in the food business.

I agree with the earlier poster that you need to ditch the job that requires the car. Cars are bleed on your cash with constant maintenance issues (especially if you are doing heavy mileage).

Some suggestions:

- UPS seems like they pay o.k. and benefits/flexible hours are a plus.
- Security guard. Pay is not great, but plenty of down time. Possibly trade on a PDA/laptop.
- Catering - yes I know it's seasonal but this might be a good income supplement. With my old catering biz I would pay folks about $10 per hour if they had a pulse. Someone of your competance and knowledge of food biz would make closer to $15-25/hr. Also, lots of weekend hours here that wouldn't interfere with trading.
- Other fast food restaurant. With your experience and about 3-5 more years working at McDonalds or a similar fast food restaurant you should be able to make management. The plus is you already work in this industry and no driving the car. Also middle management folks at these places make decent (not great) coin.

One word of warning. Trading is very difficult and very expensive. My trading tuition was in terms of thousands of hours and tens of thousands of dollars. There are no short-cuts. But if you have the burning passion to think, talk, breath, and dream trading you may have a chance. Obsession my wife calls it

Good luck.

 

the gasoline is obviously the problem... you need to go mobile at your day job, but cut on the duel expense.

sandy goes long ES while OJT.

get a job waiting tables or bartending. i did that while at college... i worked at a great bar & waited tables at a very expensive French restaurant. all things considered, the pay was excellent.. try to work up to a place with a good wine list - nothing like getting 15% or more on every bottle of wine you open.

catering woud be a great gig, but you would probably need another job to supplement, so why bother?

 

selling cars isn't too bad. I sell honda's and make ab 40k per year and trade whenever i want. no degree and no drug test, (not that i do drugs but everyone else seems to).Lots of hours though.

 

50k jobs are not hard to find for someone with an engineering degree from a good school. Problem is, 50k is not enough to make it in any major metropolitan area.

Truth be told, I think people are not being truthful when they say the paper doesn't matter. School reputation + decent GPA is a lot of what matters, plus being able to take tests.

Here's the thing tho: good school gets you an interview, bad school doesn't. If you're a tard from a good school, you are still fucked.

If you don't have a degree, you better start networking. Far and wide.

 

Sandybestdog:

Buddy, there are couple of reality checks here:

1. the federal minimum wage is [or has already gone] up to $7.00/hr. Every firm that I am aware of in my state [Ohio] has already recognized that.

2. The UPS & Security Guard selections are actually a good option in your case.

3. The two previous suggestions are good because you're are in fact going to HAVE TO MOVE TO A LARGER CITY or HAVE 2 JOBS. Period. It is not unlikely that you will need to consider both. You don't seem to have the time to get a Nursing license or a degree/Network Engineer or IT security certification so that is your option. Those are the only gigs that pay well, are mildly recession resistant, and have a shortage of employees -- with career growth anyways.

4. Lastly, continue to maintain insurance license and study for the Series 65 as well as the CMT/series 86 so that you can transition away from the second job and into second business/enterprise that will begin to get you profitably focused on finances again. Upon completion of this, you can legally [with the proper corporate structure & state or SEC registation] hold yourself out to the public as a Financial Planner/Investment Advisor and be paid for advice on planning and investing. It is not easy, but you will be able to right off some of your activities in relationship to trading, though you might have set up your trading business account as a incubator hedge fund or a proprietary trading firm.


I know that I am making it sound more simplistic than it is [I make alot more than you, and I am still going through the exact same steps], but it is a doable plan just more of a mid term plan -- like 3+ years time.

 

Don't believe the news. The people they show are always losers if you go dig up the dirt. There is ALWAYS a need for competent people. It's the dumb ones who have to worry. If you're convinced you are better than other people you know in one dimension or another, then you will be able to make it.

Yeah, economy is very bad. Job market is dead. However, smart people will still be better off than dumb people. It's just how it works. See yourself as that smart guy who knows how to do something better than the others and sell yourself there.

Even in the third world where there are no economies, there are smart guys who're better off than all the others who're starving and falling dead over into the sand. We're not quite -that- third world yet. We will be, thanks to Obama, but we're not there -yet-.

 

It's been more about connections & nepotism rather than being smart lately. It's even tougher now. Of course if you are smart and can network, you can likely get by. Ironically, I'm running into more opportunities now than before the financial woes.

Still, it's a lot tougher and there is not enough on all levels, whether you are smart or dumb. The only ones who are safe are those connected through blood & favoritism, or are self dependent. Classic symptom of a third world nation.

By the way, love your story. Told it to the guys I train with the other day.