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  1. #22
    Karen37a
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    The reasons these companies do not make the profit compared to volume is because of HUGE operational costs. The operational cost went UP not down.

    This is the # 1 reason for me believing in the 1099 model vs the w/2

    If I make 1 million I am lean and mean on costs

    Costs

    Computers
    Desks
    Office
    Phones
    data leads
    prossor
    accountant
    payroll

    add a few more on

    = 1 million...taxes...lower rate florida

    Add costs in for brokers... ( leads ) same infrastructure...add more commission in. 10 million..pay out commission

    When 1099 makes that money its very very low margins

    Which is probably why, stock brokerage firms, insurance companies, Loan companies use the model as well...successfully

    You guys can say whatever ...but I know the "algorithms".. Quantitive analysis, ..
    Last edited by Karen37a; 08-08-2018 at 09:15 AM.

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