Host John Chapman of the John Chapman Show talks with Derek Bondo, Commercial Account Executive at Highspot in Seattle, Washington. Derek talks about his life in sales, from Nordstrom in shoe sales to Mercedes Benz, and eventually software sales. Get a behind the scenes look at managing personal finances, commissions, and variable cash flows.     Episode Highlights: Where did Derek Bondo grow up and what was money like in his house?   How much did he learn about money from his mom or dad? What was Derek’s career like when he graduated from college?  What was the Mercedes Benz sales environment like?  What were the sales scorecards like in the car business?   How aggressive is the sales culture in the car business?   What was involved in Derek’s transition into software sales?  In an all-commission job, how does Derek think about setting money aside?  What is Derek’s personal preference on how much to save for an emergency fund?  Is there an app or software product he recommends?  How has Derek’s real estate benefited him?  What things would he tell his younger self? Always be saving.  How can knowing yourself make an impact on your finances?   How does Derek Bondo define success?    3 Key Points: Working at legacy brands like Nordstrom and Mercedes Benz in the sales capacity gave Derek great insight into the importance of providing a positive customer experience  and putting the customer first.  Saving up several months worth of income in reserve provides comfort and the ability for lifestyle flexibility.  Derek uses the Mint app. It shows your net wealth and savings from month to month.    Tweetable Quotes: “I was in sales even starting at the age of 18 officially.” – Derek Bondo “The economic downturn was kind of scary enough to get people thinking ‘the good times aren’t always going to be so good’.” – Derek Bondo “Staying at home when you are 25 is a great motivator to get moving and get your own place.” – Derek Bondo   Resources Mentioned: Linkedin: John Chapman Derek Bondo: Linkedin See omnystudio.com/listener for privacy information.

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