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07-28-2018, 08:56 AM #1Karen37aGuest
https://lbaware.com/2018/04/net-bran...tgage-lenders/
Loan companies net branch to control expenses
The other models are usually DOOMED...too much payroll/expenses no profits
1099 Isos are the way to go IMO
( the problem is in recruiting the 1099 people is they do not get paid unless they make a sale, so they will only follow a leader they respect or one with real talent so most cant do it)
Then its like a mortgage that's upside down...if you try to put a leader or trainer in the supervisory position ( with the skill set or character /integrity level 2) in charge of a person with ( skill set level 8)...all hell breaks loose
And if the owner of the company has a level 5..they cant hold the sales force together and they implode...then they bash the 1099 model
Then the 8's go looking for the 9/10s to follow
add ( I just saw a lightbulb on the regulation and the phone sales vs online and people who are for and against on these boards...also the "loans" vs mcas.... smh, now I know why tisk tisk)Last edited by Karen37a; 07-28-2018 at 09:17 AM.
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07-28-2018, 04:49 PM #2
- Join Date
- Dec 2015
- Posts
- 608
Kabbage has a number of advantages, brand and speed of funds, being some, and they’re driving the idea that their strategy works better than everyone else’s, because they have big numbers to support this.
This allows them to attract bigger investors, bigger jv partners, bigger affiliates, etc. Kabbage’s lead source model is different in some cases as well; one of them generates about 20,000 opt ins a month, from various web and display properties.
Kabbage covers all the costs to generate these leads, but only the costs are paid upfront, no profit to the lead generator. The leads aren’t just for funding but for processing as well, and any other service they offer. When each lead closes, the lead distributor then makes a percentage from each closed deal and that’s how they profit.Last edited by DonMcGrath; 07-29-2018 at 08:49 AM.
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07-29-2018, 09:49 AM #3Karen37aGuest
Yes
But he needs to stop throwing brokers under the bus. He is not the only one who has the ear to hedge funds/investors...not even close.
They are being stacked which is an additional risk to investors...which is why some people have been pushing for regulation...fools following along, so they can then say
"here's $100 Referal fee"
Its Certain Brokers on ones side... some on.the other( usually the ones who can't sell over the phone)
Then they paint this bull**** picture of brokers being low lives and dirty, uneducated, wrong side of the tracks etc ( i have to be yelling at them ... I "had" 150-160 iq and I am from the north shore of long island).....stock fraud story goes floating along
Then shills/pikers on here saying omg negative news...I have to counter long arse word salad.... I don't work here.
Id die before I would do business with certain companies ..
..cut it the hell out already( not you don)Last edited by Karen37a; 07-29-2018 at 09:53 AM.
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