Results 26 to 50 of 101
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05-16-2018, 02:02 PM #26
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05-16-2018, 02:03 PM #27
Well National said they spent about 15 million on marketing in 2017, also said they are 60% in house funding and 40% ISO. If someone else who was there can confirm I am remembering those numbers correctly but that is what I believe they said. Exact funding numbers they did not say when they spoke but if you think about the numbers they did give its safe to say they funded a big number in 2017
Last edited by J.Celifarco; 05-16-2018 at 02:07 PM.
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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05-16-2018, 02:04 PM #28Karen37aGuest
To compare companies against failing business models is also a mistake. Some companies have not turned a profit since inception and the mistakes that some made cutting off the 1099 sales force should be something that others take note of, or dont...same failing model
Too many expenses not enough $$
off to close make some of my funders money
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05-16-2018, 02:10 PM #29John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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05-16-2018, 02:12 PM #30
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05-16-2018, 02:18 PM #31John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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05-16-2018, 02:21 PM #32Karen37aGuest
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05-16-2018, 02:23 PM #33
- Join Date
- Sep 2012
- Location
- New York, NY
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- 1,780
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05-16-2018, 02:25 PM #34Karen37aGuest
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05-16-2018, 02:26 PM #35
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
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'll usually find the top notch sales reps working at these firms because they're very selective. The 1099 shops will pretty much accept anyone with a pulse lol.
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05-16-2018, 02:27 PM #36
yes but they have the same upsell and get to pay the money back to themselves through their inhouse sales office. Again you are not making clear what you are trying to say.
If a deal has a 10 point upsell any bank would rather pay the 10 to themselves then pay the sales person their cut rather then pay a full 10 to an outside iso. That just common sense.John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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05-16-2018, 02:27 PM #37
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- Jul 2015
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- 1,202
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05-16-2018, 02:30 PM #38Karen37aGuest
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
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05-16-2018, 02:32 PM #39John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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05-16-2018, 02:34 PM #40
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- Jul 2015
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- 1,202
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05-16-2018, 02:36 PM #41Karen37aGuest
Think what you will. I know where the pacer lawsuits are unlike some and I have to bust up fbi stings like lease flease on these boards, and bad grandpa lol
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05-16-2018, 02:39 PM #42
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- Jun 2015
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05-16-2018, 06:17 PM #43
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- Dec 2016
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- 37
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05-16-2018, 06:20 PM #44Karen37aGuest
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05-16-2018, 06:32 PM #45Karen37aGuest
Ive reworked the script from when I entered the business ... majic script, golden pitch, then drop close, slap hug ...pre qual 1/2 drop close pre qual 3/4...documents
it works like a charm
Im tired of teaching peopleLast edited by Karen37a; 05-16-2018 at 06:35 PM.
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05-16-2018, 06:35 PM #46
- Join Date
- Dec 2016
- Posts
- 37
I thought when Bear Sterns went under the "Golden Pitchbook" was seized and locked away in a secret vault...never to see the light of day again!
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05-16-2018, 06:36 PM #47Karen37aGuest
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05-16-2018, 06:42 PM #48
- Join Date
- Dec 2016
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- 37
Im tired of teaching people[/QUOTE]
Tired of teaching...or tired of waiting for a pupil worthy enough to challenge?
There is a difference...lol
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05-16-2018, 06:44 PM #49Karen37aGuest
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05-16-2018, 06:57 PM #50
- Join Date
- Dec 2016
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- 37
lol...the infamous Oakmont days...now there's a blast from the past...Jordan claimed a lot of things over the years...most of it belonged to others
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