hey thanks horton. no worries, most of us like some anonymity in the gulch. but that sure is weird! Dale is good friends with Brad's wife, Judy-they grew up together. You may want to edit your comment and delete your email. this is a public forum so anyone on the net can see this.

I do believe it was a newbie record

Hey khalling.......in answer to your "Small World" question regarding Brad Seibel.

A: Yes, I do know Brad...he was in a different region than me, but he comes from GREAT heritage.

The Patriarch, Darrell Seibel from Hays opened Branch Office #6 or #7 in the country. Now there are in excess of 11,000 branches. Darrell had the tenacity to endure the market's harsh punishment for the post-WWII 20-year bull run.

As far as I know, Darrell's still going strong...50 years plus now in the securities business!!! What a tremendous and noble human being he is.

None of his apples fell far from the tree either....& much of the credit goes additionally to their mother, but I never really got to know her.

Their son Jeff Seibel and daughter Linda (Seibel) Carriera work out of the same "palace" there in Hays next door to the Sternberg Museum. Another of their daughters is married to Roger Steffen in Winfield and he's a Winner as well.

khalling....if you could do me a favor, my personal email is scottruns365@yahoo.com. Or, feel free to "Friend Request" me on Facebook at Scott A. Horton.

I do not have a problem answering your personal questions, however, I'll feel more comfortable doing so "outside" the Gulch so that ALL of us can focus on how to survive as PRODUCERS in our world as it currently exists.

I wish Hank, Dagny, Ken Daggett, Francisco, or somebody would "stop by" and offer me a plane ticket to the real "Galt's Gulch" so that I may join the rest of the STRIKERS like you, khalling....the people who are still left that actually "get it."

I am very grateful for the opportunity to discuss, debate, and affirm other PRODUCERS here in the virtual "Gulch."

Horton

Tourists

oh my. this was before I came here, too. I'll have a good time reading all the responses. thanks, Kh!

probably someone should give you a little head's up on Hiraghm. Here is his debut in the gulch,
http://www.galtsgulchonline.com/posts/ad...

there's nothing wrong with that. everyone in my sales department is encouraged to make more than the boss. the jobs they bring in help every employee, no matter what department, so they deserve to get paid. I'm just wondering how other people figure what percentage of sales to compensate salespeople with or any other technique to further incentivise them with.

Is that a reference to Eddie Willers?

I agree completely on no-cap commissions, and I'm an engineer who comes at it from a typically different angle. But if a salesmaker can bring technology and willing buyers together, they deserve their money. And it makes no sense to say, "but wait, that means he'll earn $700k, which is more than the CTO and CFO." What's wrong with that? Just keep those sales coming.

She wasn't, but her arguments against irrational thought can be found on one. Check the Carson interviews, especially the parts about religion and reason.

For not booting her out?

Yup. Jumped the gun on that one.

Never heard of a techno thriller. Sounds cool.

well, as a long time entrepreneur I can safely say there is what should be and what is. and since our business is solely inventors, I agree-everyone should get out of their way.
now-when did you work for Edward D Jones? do you know Brad Seibel out of Hutchinson? dang-two small worlds in one day int he Gulch.

Eddie Roarke is hiraghm's protagonist in the novel he is writing. hey-consider checking out my novel Pendulum of Justice-techno thriller

Fonts are black and flat. Find be a beating heart laid bare on a sacrificial stone carved out of descriptive passage. In other words: I’m always up for a good row. (But I also enjoy the science articles.)

how do you come up with a % of sales commission for a salesperson? I'm trying to figure out what you consider to be an "extremely handsome" compensation and why.

agreed on the no-cap commission. capping it has never made any sense to me. the incentive is taken away and hurts everyone.

Because emotions are transient and capricious. Rational thought is not.

Hello khalling!

Sometimes I talk or write too fast and don't really consider what path I'm going down.

Let's hold off on the "Altruism is [or is NOT] a Virtue" discussion.....it is tangential to what I really was trying to state.

Having been a professional Salesperson for more than a decade employed by some of the premier sales' training institutions in several different domains {Bristol-Myers Squibb, MiniMed, Edward Jones Investments, PageNet [Motorola], Alltel Wireless} and having acted as the sole provider for a household of 5 persons for ten years.....6 of those years @ Edward Jones on PURE COMMISSION, I believe that a person ought to be compensated based upon the value of the services & products they are providing or creating. And, I don't mean compensated by some corporate muckity-muck who has never "humped-it" on the real turf. Some executive with a lot of "Say-so," but with the interpersonal skills of a gerbil who sets the commission structure of their company and it's bonus program with some sort of "governor" on the Workhorse's throttle like they are a school-bus. Too often the commission & bonus structures reward solely those who compromise their personal morality or the ethics of society at large....those who know how to "play the game," yet actually contribute nothing of real value and serve as barriers to progress & to profitability.

The Salespersons and the Inventors are truly the "cogs" in John Galt's "Motor." There should never be ANY barricades placed in these "Work-horses'" path so long as their conduct is ETHICAL, LEGAL, & PROFITABLE.....and, furthermore, they should be compensated Extremely Handsomely--& I mean "Multiples times the Executive Management Team's compensation as well as the Owner of the Corporation".....The Inventor's & Salesperson's Commissions & Bonuses should be uncapped all the way to Positive Infinity.

Envy among the "Uppity-uppities" against the GIFTS of the Inventors & the Salespersons in any corporation is not only unethical, it is USURY in its truest sense and is the very breeding ground for Moochers.

Horton

Definitely not.