[jotucker1983]

Greetings all, I'm new to MCA funding (3 months) and hopeful I can benefit from the experience of the fine folks on this board!

For now I'm prospecting healthcare professionals (doctors, dentists, etc) in Florida attempting to develop relationships with local clients. I've been looking at UCC lists (targeted to the market I want) since the metadata lists I already have are ice cold; it's too time intensive to call general numbers hoping to find MCA compatible prospects.

Does anyone have experience with either UCC lists or lead generation software? Grateful for any guidance y'all can offer!

My advice would be to find an offline mentor or even in this case (even though I hate it in general but in some cases it could "make sense") to start out as a co-broker while you learn the industry. You could co-broker in this case for someone who also is functioning as a mentor, to give you the industry overview along with help build a budget to begin generating in-house leads.

Word of caution, cold calling out of the Yellow Pages for anything in relation to Merchant Services (MCA, Merchant Accounts, etc.) is a bad strategy. You will make more money working at Burger King than following that strategy.

[Karen37a]

My advice would be to find an offline mentor or even in this case (even though I hate it in general but in some cases it could "make sense") to start out as a co-broker while you learn the industry. You could co-broker in this case for someone who also is functioning as a mentor, to give you the industry overview along with help build a budget to begin generating in-house leads.

Word of caution, cold calling out of the Yellow Pages for anything in relation to Merchant Services (MCA, Merchant Accounts, etc.) is a bad strategy. You will make more money working at Burger King than following that strategy.

Ok I win


he changed his opinion on co brokering because of my arguing


gezzus

playing Rocky tune...da da da da da da da da da da da

[capaxess]

My advice would be to find an offline mentor or even in this case (even though I hate it in general but in some cases it could "make sense") to start out as a co-broker while you learn the industry. You could co-broker in this case for someone who also is functioning as a mentor, to give you the industry overview along with help build a budget to begin generating in-house leads.

Word of caution, cold calling out of the Yellow Pages for anything in relation to Merchant Services (MCA, Merchant Accounts, etc.) is a bad strategy. You will make more money working at Burger King than following that strategy.

Great advice John, I agree that cold calling general numbers for MCA is inefficient. I would love to work closely with someone who could mentor me as I grope to find the right fit for me in this industry. For now I'm trying a strategy that I think will work based on my experience as an investment banker and my skill set; time will tell.

[Karen37a]

Great advice John, I agree that cold calling general numbers for MCA is inefficient. I would love to work closely with someone who could mentor me as I grope to find the right fit for me in this industry. For now I'm trying a strategy that I think will work based on my experience as an investment banker and my skill set; time will tell.

You are uninvited to my office lol


I am very serious about not being friends with people who are hanging around negative people

I am sure you will survive...

What you just repeated is the wrong advice

Gl to you

[jotucker1983]

Great advice John, I agree that cold calling general numbers for MCA is inefficient. I would love to work closely with someone who could mentor me as I grope to find the right fit for me in this industry. For now I'm trying a strategy that I think will work based on my experience as an investment banker and my skill set; time will tell.

Yes, a couple more points to take home:

- Develop your own secret sauce in terms of what brings profitable revenue into your office and allows you to build a nice sized portfolio that you can "sit back" on.

- Another piece of advice I would give you is to not stick around this forum that long. This website used to be a haven for great discussions, insights, trends, credible debates in regards to strategy, etc. Today, the website has been taken over by complete and utter trolls to the point where if you participate on here, you will notice that at least 65% to 70% of your time is actually spent responding to trolls.

- https://debanked.com/ has a ton of exposure on the industry and a lot of training material for your usage. Also their sponsor page is a good starting point to building a funder network.