[Shorebird]

https://debanked.com/2024/07/whats-c...-broker-world/

[Yankeeman07]

The available lead quality in the public marketplace is low or good exclusive leads are non-existent
If the business was easy as buying the same leads as everyone else and using them to earn huge profits on the deals closed without much hassle, then every single person in the country would be a broker. Being a broker is hard work and a significant part of the gig is marketing. You’ll have to decide if you or someone you hire is up to the task of generating the deals for you or your closers to close. If you can’t figure out how to market, you will eventually fail

Can I get 2 AMENS !

[JasonBishop]

Those that have a hatred for leads in the marketplace usually are scorned from bad experiences, lapse of judgment and bargain hunting.

Those that embrace that good partnerships do exist in the public marketplace put very respectable numbers on the board month in and month out.

This space invites anyone with a pulse in. Those that have no follow-up processes in place or the ability demonstrate value are typically the one blaming leads. That article doesn't cite a source from what I can tell. I find it unlikely those putting up real numbers were the source of that blanket statement.

[diditevenfund]

Those that have a hatred for leads in the marketplace usually are scorned from bad experiences, lapse of judgment and bargain hunting.

Those that embrace that good partnerships do exist in the public marketplace put very respectable numbers on the board month in and month out.

This space invites anyone with a pulse in and those that have no marketing processes in place or the ability demonstrate value are typically the one blaming leads. That article doesn't cite a source from what I can tell. I find it unlikely those putting up real numbers were the source of that blanket statement.

This is spot on. Too many have no idea what they are doing in all aspects of this business, and their numbers and resume show it. Or they just hide behind shell names and destroy merchants to make up for their shortcomings.

[Yankeeman07]

Those that have a hatred for leads in the marketplace usually are scorned from bad experiences, lapse of judgment and bargain hunting.

Those that embrace that good partnerships do exist in the public marketplace put very respectable numbers on the board month in and month out.

This space invites anyone with a pulse in. Those that have no follow-up processes in place or the ability demonstrate value are typically the one blaming leads. That article doesn't cite a source from what I can tell. I find it unlikely those putting up real numbers were the source of that blanket statement.

The article was written by the staff at DB.

[JasonBishop]

The article was written by the staff at DB.

The article starts: Are you a small business finance broker? Here are some of the most common challenges that they report to deBanked.

[Incbiz440]

Those that have a hatred for leads in the marketplace usually are scorned from bad experiences, lapse of judgment and bargain hunting.

Those that embrace that good partnerships do exist in the public marketplace put very respectable numbers on the board month in and month out.

This space invites anyone with a pulse in. Those that have no follow-up processes in place or the ability demonstrate value are typically the one blaming leads. That article doesn't cite a source from what I can tell. I find it unlikely those putting up real numbers were the source of that blanket statement.

Personally a huge fan of having a solid referral base as opposed to outbound. Of course building that base is the trick, lol. I got spoiled in my last position (employee) and forgot what a pain in the ass it is to build/rebuild one.

[Yankeeman07]

The "Best Lead" is one that you have cultivated internally. Whether you have a person in office that does the initial ice-breaker call,
then if the lead is warm - you do a follow up. Or you handle the entire process yourself.

[diditevenfund]

The "Best Lead" is one that you have cultivated internally. Whether you have a person in office that does the initial ice-breaker call,
then if the lead is warm - you do a follow up. Or you handle the entire process yourself.

This what you do?

[Yankeeman07]

This what you do?

1.Raw Data
2.Tickler file
3.Suspect
4.Prospect
5.Client

Rinse & Repeat, Rinse & Repeat

[JasonBishop]

That's the most boomer thing I read all day Dave. A tickler file.