[mca2150]

There are no classes you can take to learn MCA. There is no "partner" that is going to hold your hand and divulge how you can start a profitable business.

Anyone can start what you're doing and you're right, MCA isn't rocket science. However, the vast majority of people who start in this industry leave because they lose money. Whether it's buying bad leads or trying to fund bad deals. If you don't have someone who has had proven success then you're really rolling the dice.

We're not trying to discourage you from trying, but the advice some of the vets are giving you is something you should pay attention to.

[cruisinman]

There are no classes you can take to learn MCA. There is no "partner" that is going to hold your hand and divulge how you can start a profitable business.

Maybe not "classes", but plenty of videos. We actually have a few Partners that are willing to guide us and advise us.

Anyone can start what you're doing and you're right, MCA isn't rocket science. However, the vast majority of people who start in this industry leave because they lose money. Whether it's buying bad leads or trying to fund bad deals. If you don't have someone who has had proven success then you're really rolling the dice.

We won't be buying leads. That is the purpose for the "Network" - to have many, many feet, eyes and ears in the street putting our products / services in front of the businesses.

All deals will first come to our inhouse team for review. If it looks good - we'll match up the business with one of our Funders until we get them a deal that makes sense for everyone.

We're not trying to discourage you from trying, but the advice some of the vets are giving you is something you should pay attention to.

I value all of the positive input from this Forum. Thus, the reasoning why I ask the questions. I have made some awesome connections here and appreciate it . . .

[Bcooper]

Maybe not "classes", but plenty of videos. We actually have a few Partners that are willing to guide us and advise us.



We won't be buying leads. That is the purpose for the "Network" - to have many, many feet, eyes and ears in the street putting our products / services in front of the businesses.

All deals will first come to our inhouse team for review. If it looks good - we'll match up the business with one of our Funders until we get them a deal that makes sense for everyone.



I value all of the positive input from this Forum. Thus, the reasoning why I ask the questions. I have made some awesome connections here and appreciate it . . .

there's a reason none of us have street teams and most of us use aliases. this is a dirty industry and when someone loses everything they are going to come to you first. being in person and direct is not the way to be in this industry its not safe and not effective in the long run. its more effective to do ppc and online marketing and have a team of callers. you'll make more money and the likely hood someone shows up pissed off at your office is a lot less.

[cruisinman]

there's a reason none of us have street teams and most of us use aliases. this is a dirty industry and when someone loses everything they are going to come to you first. being in person and direct is not the way to be in this industry its not safe and not effective in the long run. its more effective to do ppc and online marketing and have a team of callers. you'll make more money and the likely hood someone shows up pissed off at your office is a lot less.

Thanks.

[TheUnderwritingProdigy]

there's a reason none of us have street teams and most of us use aliases. this is a dirty industry and when someone loses everything they are going to come to you first. being in person and direct is not the way to be in this industry its not safe and not effective in the long run. its more effective to do ppc and online marketing and have a team of callers. you'll make more money and the likely hood someone shows up pissed off at your office is a lot less.

I remember when this one happened... wildddd

https://www.nbcnewyork.com/news/loca...siness/226059/

[Bcooper]

I remember when this one happened... wildddd

https://www.nbcnewyork.com/news/loca...siness/226059/

SEE WHAT I MEAN thankyou prod

[cruisinman]

I remember when this one happened... wildddd

https://www.nbcnewyork.com/news/loca...siness/226059/

That was an ex-employee that did that?

[Bcooper]

That was an ex-employee that did that?

yup this isn't like selling a silly product, you will at some point ruin someone's life and business, at some point someone will lose everything, at some point you will cause someone to lose a home and become homeless. this isn't an easy game and it has a **** ton of cons, but the positive is we can make a metric crap ton of money and the ones that use the money the right way genuinely grow their business. that's why most of us use aliases and never meet a merchant in person. this isn't a game you will destroy someone's life eventually it sucks but that's how lending money works not everyone pays it back and they default. do you really want the person who defaults and loses everything to come to pay you an office visit, do you want them to be able to search your family home and visit you while you are eating dinner. I know that sounds like an extreme example but it's the world we live in and if you arent willing to play the game we do, don't enter it you'll just get hurt.

[cruisinman]

yup this isn't like selling a silly product, you will at some point ruin someone's life and business, at some point someone will lose everything, at some point you will cause someone to lose a home and become homeless. this isn't an easy game and it has a **** ton of cons, but the positive is we can make a metric crap ton of money and the ones that use the money the right way genuinely grow their business. that's why most of us use aliases and never meet a merchant in person. this isn't a game you will destroy someone's life eventually it sucks but that's how lending money works not everyone pays it back and they default. do you really want the person who defaults and loses everything to come to pay you an office visit, do you want them to be able to search your family home and visit you while you are eating dinner. I know that sounds like an extreme example but it's the world we live in and if you arent willing to play the game we do, don't enter it you'll just get hurt.

So long as we are 100% transparent on the deal - if everything you said above happens to them - they did it - not us. That's one of my reasons for not wanting to charge 1.29 - 1.39. I can see the 1.499 if it was over 9 to 12 months - but, dang that is expensive.

I was a District Mgr for an area Pay Day Loan company. We had to repossess vehicles quite often. Had to get Judgements on some and wait till they sold their homes, land, etc to get our money.

Also ran high revenue Rent To Own stores. Not something that will ruin someone's life - but did charge 3x on the cost.