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  1. #1
    Karen37a
    Guest
    Quote Originally Posted by Atlas Financial View Post
    Then throw in having 50-75 employees, and the overhead starts to kill you. Plus throw in some spending hundreds of thousands on marketing if they also have an inside sales team.
    Add in the Defaults as well.

    This is why I said years ago ( and was attacked) if you cant sell 1.30 to 1.45 get out of the business now


    And Isos have the same expenses and business problems just on a smaller level and there isnt an Iso or broker alive who can make it on 1-3 % commission after you factor in costs...let alone the drama and risk
    Last edited by Karen37a; 11-09-2018 at 10:12 AM.

  2. #2
    Quote Originally Posted by Karen37a View Post
    Add in the Defaults as well.

    This is why I said years ago ( and was attacked) if you cant sell 1.30 to 1.45 get out of the business now


    And Isos have the same expenses and business problems just on a smaller level and there isnt an Iso or broker alive who can make it on 1-3 % commission after you factor in costs...let alone the drama and risk
    That's why I love the Kabbage business model. They say screw you to any brokers and only pay $250 for a referral that funds

  3. #3
    Karen37a
    Guest
    Quote Originally Posted by Atlas Financial View Post
    That's why I love the Kabbage business model. They say screw you to any brokers and only pay $250 for a referral that funds
    What happens in Financial Services is some people use brokers until they get established then they cut them loose.

    Then in an effort to disguise this disgusting behavior they put down the brokers they cut off

    1099 Model people ( iso friendly) are the best for brokers not models that think if you have a degree from Harvard its important...because it isnt in sales

    And because I think this way they always belive I do not have a degree...which is false

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