Advice for a 23 year old getting started in the space.
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  1. #1
    Senior Member Reputation points: 58222
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    Quote Originally Posted by Fetachini View Post
    Here's some advice.. find a different industry, this one will take your soul. But if you decide to stick it out then
    - don't trust anyone that includes merchants, everyone is a ****ing liar except the underwriter (just wrong sometimes)
    - It's not hard to open up your own broker shop, why split the commission? I opened up my first broker shop after being 6 months in the industry. (Then again most of the good funders aren't taking on anymore isos so the funders you are left with you need to do research on. If you never seen them in bank statements, most likely they are not a funder) That's the only way you'll achieve commission you are looking for.
    - LEADS are everything, lot of bull**** out there, so don't go buy big batches always get small samples of leads to test out. (I have a great connection for one but they are pricey)
    - if you decide not to open you own shop, look around for other brokers to work for and see who offers something better. If you are a top closer then negotiate your commission.

    +1 - Can’t argue with anything here. It takes me a bunch of stupid jokes just to get through the day. Fundyman is right also.
    Last edited by DonMcGrath; 07-05-2022 at 12:19 PM.

  2. #2
    The best advice is to watch this 25 minute video (and repeat watching it a few times until you understand what he is saying), and then go to another industry as a 23 year old young guy.

    https://youtu.be/KX1BesAdrDU

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