Pros
I worked for one of your many 'daughter' companies. -Some decent (young) people who try to make a living and progress in a fundamentally unsustainable system -Good teamwork -Decent sales training -Some strong female leaders
Cons
- Long, long hours (easily 70+ per week) - Commissions based - Nobody. Hits. Targets. While some people do make 3 or even more sales everyday (i.e. hit the targets), the vast majority of your colleagues (even those who spent far longer than you in the company) will be happy to make one sale per day. I was there for two weeks, only "hit the targets" once, and still did better than most team-leaders in the office. You are misled from the moment you read the job advertisement to the day you eventually quit out of exhaustion. Here are a few things to look out for: - They'll advertise a number of position online. They are all the same thing. - What you'll do is by no means unique. You'll find multiple Credico offices operating in the same exact way in all sorts of towns, regardless of how small. - You will be promised "an office", which is supposedly the well deserved compensation for a lot of hard work. Beware of what an office is in the Credico vocabulary: being an "office owner'' won't mean that you will get to do things your own way, pick your own clients, or even that your company will have a physical office (many Credico "companies" are based in the same tiny office and share spaces). You will possibly make more money, but all you'll be allowed to change is the way in which you train your people. - The whole "get to management" thing is predicated on the notion that 99.9% of the people in the office will have to earn less than £100 per week. - The "maths" that they'll try to sell you (about how much money you'll make once you get to ownership and how that is going to allow you to retire super-early and be happy forever) is rubbish. It does not account for the fact that, if you retire at 30 with £600.000 (their figures) you'll be paying yourself £12.000 per year for the rest of your life. - They'll cultivate a culture whereby you're a "loser" if you choose to spend time with your loved ones now, when you could be out on the streets selling stuff to people and "building a fortune". Don't let them make you feel bad: there are a lot of ways to make a lot of money, and most of them won't involve spending 10hrs per day standing outside in the cold and having manufactured, fake conversations with people.
