Results 26 to 50 of 117
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08-17-2018, 07:01 PM #26Karen37aGuest
West Coast,
Do you know why Jack la lanne, health and tennis and Ballys Total Fit went out of business??
Because some moron told me " I am not going to pay some little girl in exercise tights 100k( probably 250k in today's dollars) a year to sell gym memberships, we will get an atm machine in the lobby and people can choose Gold, Silver and Bronze and pay for it themselves...automation"
I was the second wave of top salespeople who went out the door, the guys before me were killer closers.
I followed some of them to wall st ( different firms)
He also told me that I was wasting my life being a dirty 1099 salesperson and that I should use my college degree before its too late, those guys were from Brooklyn and I had a good family.
I do not think there is a team of people selling 9k gym memberships, they can barely sell $10 a monthLast edited by Karen37a; 08-17-2018 at 07:27 PM.
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08-18-2018, 08:52 AM #27Karen37aGuest
The 1990s didn't start out well for Bally Total Fitness, which was still called Bally Health and Tennis Clubs (HTCA) at that time. The economy was having an effect on Bally Manufacturing, the health club's parent company. Bally's Holiday Health clubs agreed to a $9.5 million settlement in a class-action suit admitting racial discrimination against African-Americans. The Internal Revenue Service alleged that the company owed $29 million in federal income taxes due to improper accounting in 1983 and 1984.
Don Wildman, HTCA's CEO in the early 1990s, decided to move the company away from short-term sales to a membership/cash-driven model that emphasized improving member services and that would standardize membership policies. In the early 1990s, the company had 311 clubs nationwide, many of them coming from various acquisitions and still operating under their original names or variations of those: Holiday Health, Jack LaLanne, Scandinavian, and Bally Matrix, Bally's Health and Fitness, Vic Tanny.
"The idea is that ultimately, all the divisions will be called Bally's," Wildman told Club Industry in 1991. That plan finally became reality in 1995. Bally also then began a national marketing campaign featuring the slogan "Turn on Your Life."
(anyone who doesnt recognize the power of a strong 1099 sales force that can actually sell a fridge to an eskimo, and talk a dog off a meat wagon, needs to step down, some of us lived though this numerous times.Some didnt just wander into sales its a carrer for those who choose to actually become a true salesperson and not an order taker, and you can never learn what you need to learn by creating a lcc and buying burnt leads and mouthing off to the top producers, top reps and funders , # 1 Rule . Do First, Then Teach, let me know when the voice mail gang are going to bet 50k on lead generation... ..karen)
Bly gave a % adjusted gross on the Finance contracts ( the spread, the mk u from the b rate) and also on the membership cost.a m u, like a PSF fee.
Once they took that away they were done for. I started selling age 17.5
**And I bet people who were use to taking money for something can give it away a whole lot easier...the key is to not have defaults from the bad merchants
( I want some of you to close your eyes and then try to picture yourselves getting merchants to GIVE you 10k and charge 1.36..coj.. smh...you would never make it...and stop betting me)Last edited by Karen37a; 08-18-2018 at 12:56 PM. Reason: typo queen.. add*
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08-18-2018, 05:47 PM #28Karen37aGuest
https://www.nytimes.com/1984/05/19/n...ical-club.html
We have no fat people here,'' says Tom DiNatale, the manager. That is his pledge. ''People join other health clubs to get in shape before they join here,'' explains Heidi Halliday, a supervisor at the club. ''The Vertical Club is today's Studio 54,''
lol...you won't find me in front of my red Ferrari saying ...you cant join here until you lose weight fatty
( west coast you would have loved it...you could yell at someone right from the front desk, people scared to be banned )
And you could never imagine how unbearable it was to hear someone teach me how to sell..
" and did I tell you we can drop the rate ...and btw we are a direct lender" and the algorithms...good gosh
And the guys doing the hokey pokey and playing twister selling leads....enough already. Its really now or never for everyone to move forward and make moneyLast edited by Karen37a; 08-18-2018 at 06:30 PM.
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08-21-2018, 11:09 AM #29
- Join Date
- Aug 2016
- Posts
- 831
i like zack but am confused how this article is a positive thing.He had a partner in core who still owns the business . The wbl deal was a bad decision for anyone who did it .Not sure what happened at us business fund but peter his old boss been bashing him on LinkedIn saying only 3rd position lenders will sign him up .
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08-21-2018, 11:11 AM #30Karen37aGuest
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08-21-2018, 11:25 AM #31
Hi Ricky,
Yes, I gave up my interests in Core Financial after the WBL acquisition. It was a poor decision, but nevertheless I made it. I had a great run at US Business Funding, and it’s unfortunate that Peter has decided to slander me online with his constant harassment, defamement, and attempts at character assassination. This is an ongoing problem for me that has been well-documented, and is currently being dealt with.
I believe the story is just a small insight into a guy (me) who has finally become his own boss without a partner, and is now experiencing a much higher level of success than in his previous ventures. I hope some people can learn from my story and make wiser business decisions than I made in my early 20’s.Last edited by Zach; 08-21-2018 at 11:28 AM.
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08-21-2018, 11:29 AM #32Karen37aGuest
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08-21-2018, 12:13 PM #33
- Join Date
- Jun 2015
- Posts
- 3,326
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08-21-2018, 12:17 PM #34Karen37aGuest
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08-21-2018, 01:42 PM #35
- Join Date
- Feb 2018
- Posts
- 1,349
He only has to worry about himself not what other people say about him. He is the master of his own destiny. In 5 years, something tells me, most of us won't even be in this business or on the DF. Live and let Live...
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08-21-2018, 01:45 PM #36Karen37aGuest
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08-21-2018, 01:48 PM #37
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08-21-2018, 01:49 PM #38Karen37aGuest
I bet you ill still be in Finance... ( others wont)
that's the whole beneift....you sell so that you become unemployed and ride the wavee...residuals
some are really ...og for lifeLast edited by Karen37a; 08-21-2018 at 01:55 PM.
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08-21-2018, 02:01 PM #39Karen37aGuest
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08-21-2018, 02:32 PM #40John 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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08-21-2018, 02:34 PM #41Karen37aGuest
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08-21-2018, 02:40 PM #42
well I dont know about that I do know that you screaming at someone who probably has you blocked and cant see what your saying isnt going to accomplish anything.
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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08-21-2018, 02:43 PM #43Karen37aGuest
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08-21-2018, 02:47 PM #44
I dont think regulation is the answer to anything, what I think is that whether we like it or not it is going to start coming at us and we better be ready for it. It has already started in California and New York and a number of other states are working on legislation similar to what is in the works in those states. Since it is going to happen no matter what we want I think we should try to have a say in what and how it is implemented. So please dont try to put words in my mouth. And Joe Tucker I dont know from a hole in the wall other then this forum so again dont assume things when you have no clue.. thanks
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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08-21-2018, 02:49 PM #45Karen37aGuest
https://www.pymnts.com/news/internat...ending-losses/
INTERNATIONALChina Locks Down Financial District As P2P Lending Implodes
( most of you will not be left standing. I will...said it in advance)
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08-21-2018, 02:50 PM #46
and that has exactly what to do with this thread???
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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08-21-2018, 02:51 PM #47Karen37aGuest
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08-21-2018, 03:00 PM #48
you can say all day your not for something ands stick your head in the sand or you could actually do something so that when the inevitable happens it doesnt crush all of us. Just because we would prefer for things to stay as they are doesnt mean they will and pretending otherwise is ridiculous.
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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08-21-2018, 03:02 PM #49Karen37aGuest
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08-21-2018, 03:12 PM #50Karen37aGuest
And I know some solutions. I will never print them on here.( so everyone can say it was their idea and make more competition for me)
Hannibal over there told me to let everyone kill themselves
Last time I told someone to create this calculator not only did they not say thank you they were bragging to me about it until I said " do you recall I gave you the idea" and they said " you cant prove it"i said ...i still have the emails alonmg with the regulation threats. As if i wanted something for some stupid idea
glLast edited by Karen37a; 08-21-2018 at 03:16 PM.
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