[Karen37a]

There's a big difference between the 1099 broker model and W-2 model. The 1099 firms have very limited marketing budgets and consist of a revolving door of sales reps who only do outbound dials. They rely on the churn and burn approach and employees rarely last long. The W-2 firms are well capitalized, have large marketing budgets and drive a lot of inbound leads to their reps. They can afford to pay a fixed salary and benefits. You find the top notch sales reps working at these firms.

This isnt true... the % of people who succed in a 1099 vs w/2 model is almost exactly the same ( except you have huge payroll)


and 1099 can be face to face not just on the phone like life insurance sales people

And yes the extra 10 points goes to pay for the inside fales force

And if it was such a sucessful model they wouldnt backdoor like lunatics...interesting take

See you tomorrow

[J.Celifarco]

This isnt true... the % of people who succed in a 1099 vs w/2 model is almost exactly the same ( except you have huge payroll)


and 1099 can be face to face not just on the phone like life insurance sales people

And yes the extra 10 points goes to pay for the inside fales force

And if it was such a sucessful model they wouldnt backdoor like lunatics...interesting take

See you tomorrow

Most of the big W2 firms are the guys you can trust, these are for the most part the people that dont back door deals. So again I really dont get what you are trying to say

[HDF]

Most of the big W2 firms are the guys you can trust, these are for the most part the people that dont back door deals. So again I really dont get what you are trying to say

Yup, and they don't make outside ISO commish. That is the point.

[mcaguru]

Most of the big W2 firms are the guys you can trust, these are for the most part the people that dont back door deals. So again I really dont get what you are trying to say

Agree....Mantis has only salaried employees and its the "NO 1099 commission ONLY based reps" that allowed us to sign-up and receive files from some of the largest funding houses in the country. ill go a step further when we hire staff they DO NOT KNOW at the start that they are coming to a funding company... it keeps "PLANTS" from being placed within a company to do harm. Its crucial for us to have our partners know that we are from the safest funding houses to work-with!

Regarding not being at the show..its probably one of my biggest business regrets of 2018!! (I could not attend this time around ).

[StipMeBabyOneMoreTime]

ill go a step further when we hire staff they DO NOT KNOW at the start that they are coming to a funding company...

So you hire people and they don't know what the company does?

[mcaguru]

So you hire people and they don't know what the company does?

[Karen37a]

Agree....Mantis has only salaried employees and its the "NO 1099 commission ONLY based reps" that allowed us to sign-up and receive files from some of the largest funding houses in the country. ill go a step further when we hire staff they DO NOT KNOW at the start that they are coming to a funding company... it keeps "PLANTS" from being placed within a company to do harm. Its crucial for us to have our partners know that we are from the safest funding houses to work-with!

Regarding not being at the show..its probably one of my biggest business regrets of 2018!! (I could not attend this time around ).

Can some of you cut it the hell out already? Do I have to go thru business building strategies?

Like I did when I built my Master General Agency thru AIG, American General with 500 1099 independent mortgage brokers and life insurance agents?

I taught agents and brokers how to build organizations.

You really do not understand the difference between 1099/ w2 and how it can benefit funders or isos


some isos ARE THE 1099 brokers ...just with a fancy tile of Ceo in the basement of their house clucking about...who create their own LLC so it shifts the liability off of the original true compay .

Do you need me to not only print the magic pitch ..golden pitch book and Primerica 1099 original manual from Art William who has 300,000 1099 agents and brokers?

There is a difference between a Funder/iso ...back office and a 1099 sales force



training in the vale room after the beheadings...open bar

[Michael I]

[QUOTE=Karen37a;94757]Can some of you cut it the hell out already.Do I have to go thru busines building strategies?

Like I did when i built my Master General Agency thru AIG, American General with 500 1099 indpendent mortgage brokers and life insurance agents?

I taught agents and brokers how to build organizations.

You really do not understand the difference between 1099/ w2 and how it can benefit funders or isos


some isos ARE THE 1009 brokers ...just with a fancy tile of Ceo in teh basemtn of their house clucking about...who create their own LLC so it shifts teh liablity off of the original true compay .

Do you need me to not only print the majic pitch ..goldent pich book and Primerica 1099 original manual from Art william who has 300,000 1099 agents and brokers?

There is a difference between a Funder/iso ...back office and a 1099 sales force



training in the vale room after the beheadings...open bar[/QUOTE
Isnt that what marcus is saying that he has no sales force in "mantis"