Repping 101
An instructional Microcast On Starting Your Own Manufacturers' Rep Company
Repping 101
Episode 02. Funding Yours Rep Business: Do You Need Savings?
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Sid Ragona
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Episode 2
Funding Your Rep Business: Do you need Savings?
In this episode, we explore the critical question of whether you need savings to start a manufacturer's rep business. Featuring insights from veteran rep Sid Ragona, we delve into the importance of financial preparedness and highlight four main areas of risk that new reps face. We also discuss what aspiring reps should be saving for and how having savings can provide negotiating power and peace of mind.
00:45 The Big Question
01:12 Insights from Sid Ragona
01:50 Main Areas of Risk
02:36 The Importance of Savings
03:18 What Should New Reps Be Saving For?
04:31 Negotiating Power
05:19 Final Thoughts
06:23 Closing Remarks