Hey everyone. Oz Konar here, with Business Lending Blueprint. In this week’s video, I’m going to release the recording of a webinar, a live webinar I’ve done last week. We had over 250 people show up and I did an email blast. If you’re on my list, you probably did receive it. It was kind of last minute, but we still had more than 250 people show up. The purpose of that, was for me to answer the most common questions that you guys have about the Blueprint, the industry, how it really works, why it works.
In this channel, you see countless testimonials of our successful students and same on our Facebook group. We have a free Facebook group and one for members too. In our emails, I share countless stories of ordinary people having massive success. I thought, “I haven’t done a live meeting in a while.”
I wanted to do that, and it turned out to be great actually. It was like a one hour of Q&A. I wanted to post it in my YouTube channel as well. I’m going to turn it over to the recording. You’re going to see me staring at the screen a lot, because I’m reading the questions coming from our members.
You might have a couple of quiet moments, but that’s why I’m reading the questions. I read it out loud, so you can hear the question, how I answered it. It turned out to be an amazing meeting.
If you’re someone who’s interested in joining the Blueprint, maybe you’re on the fence or you just want to know more about it, I highly suggest that you do not miss this. All right, so let’s check it out. Yeah, this is super exciting. I haven’t done a live session in a long, long time.
Since we had the webinar and we’ve been really busy with our existing members, I haven’t done a live. My Friday calendar opened up, since I usually have a noon meeting with some of our members at a higher level.
Then we have the Thursday call, but I said, “Hey. Well, I know it’s kind of short notice and we might not get to everyone, but hey, let’s give it a try and see who can show up, and we can catch up and talk about the Blueprint, and answer your questions.” The format of this, there’s really no structured format.
I’m not going to be doing any PowerPoint presentations or anything like that. I just wanted to come out and answer the most common questions. Walk you guys through the program, the Business Lending Blueprint program.
At the end, since you joined, I’m to give you an opportunity to have a call with me, for those who do join the Blueprint. I’ll give you the instructions during our time together here. One question before we get started, you’re going to see a poll that pops up on your screen right now.
I want to know, how many of you have actually watched the webinar, the free training by me, about the Business Lending Blueprint? I want to get that going, instead of using chat for that. I want to understand the numbers, so I know my audience. If most of you did watch the whole thing, then I’ll talk about more specific things.
If some of you have no idea what we’re doing here, then I can get into the specifics of the programming. Kind of break it down for you guys, so we’re all on the same page. You should be seeing it on your screen right now. A lot of you have voted. Please do vote, so I do have an idea.
Rich says, “I’m not 100% sure.” Good to have you here, brother. It looks like 75% of you actually watched the whole thing, which is good. Only 3% didn’t watch it at all, and 17% partially watched it. That’s pretty good actually.
You guys must know a lot about the Business Lending Blueprint, what we’ve been doing here for the past couple of years and you must be seeing my emails. That’s great news, so I’m going to just end this. I’ll just keep it on the side actually, for any of you who might just join and see this for the first time. That gives me an idea.
Guys, using the chat, you can start typing in your questions. I know some of you guys had already had a call with Fernando. Sharman says, “I had a call with Fernando the other day,” great. I can’t read the name, but someone says, “I like the way you present.” Thank you. I appreciate it.
There is a lot more right now that says, “Partially watched.” That’s okay. For those of you who didn’t watch it, it’s a 90 minute presentation, because there are a lot of people who talk about how to make money online.
Since this is very specific and not many people understand the alternative lending industry, so I have to do a proper intro, so you guys understand what it is. Usually it’s just random online marketing stuff or make money online stuff. This is a lot different than that.
We’ve been talking about an industry that’s been in existence since early 2000s. It’s been only growing so much, and I am from that industry. I started out as a credit card processing guy, then making my way through selling payroll and selling merchant cash advance, then becoming a online marketing agency, doing marketing services.
We’ve built over 200 websites for companies in the alternative lending industry in the past. We were doing a ton of organic and also paid advertising, for those guys and girls and generated… I mean, hundreds of thousands of leads for them.
Through social media marketing, paid advertising, non-paid advertising, email marketing, even direct mail marketing back then. I have a very extensive experience in anything online marketing and some offline marketing as well. I’ve trained countless number of salespeople when I was working the corporate.
Just like many of you, I had my dream of building my own business. Of course, that comes with the challenge of not understanding what business to build and of course, and how to build it. How do you do that?
When you look up the best business to start, you usually end up with a bunch of more prominent, obvious answers, such as brick-and-mortar or franchise model, or multi-level marketing or e-commerce, or real estate.
Everyone sees those options, but those options might not be the best for what you’re looking for, if you’re looking to build it with certain limitations. By limitations, what I mean, we all have limitations. A lot of times it’s, you have something going on already.
That might be a job that you’re giving your 40, 50, 60 hours. Maybe you committed yourself to some other business that’s sucking up your time, and you have very limited time. Maybe it is the finances.
Sure, it might sound like a great idea to start your own restaurant, but the capital needed to get a restaurant open and going is really, really high. You better have some rich friends or you might have some capital on the side. You look for the happy medium.
Meaning that, there needs to be a business opportunity that allows you to build it, even on a part-time basis, that offers products and services that’s constantly in demand. One of the worst things you can do is start a business, then find out, “Oh shoot, no one really wants to buy my product. Then I have to hard sell it.”
That’s why people in sales jobs, where you’re selling like commodity product, like selling cable or water and whatnot, they focus a lot on the hardcore sales skills. Even payroll, I used to sell payroll. There was a three month training period, because it’s commodity. Everyone is selling it out there.
It’s really difficult to make a difference. Alternative lending is really not that industry, unless you’re just focusing on one tiny product, which is merchant cash advance. I’m from Wall Street.
There are a lot of companies, they call themselves merchant cash advance company, which is good itself. You’re selling a product, but the challenge is, a lot of the opportunity that you get in front of, they might not be a good fit for merchant cash advance.
If you do not arm yourself with other alternative lending options, then you end up putting yourself in a box and find yourself pushing a client the wrong product, just so you can make money. There are some ethical problems with that too.
That only happens when the business owner is not willing to, or they don’t really know enough about different options out there. When I noticed that, while I was working with both small and really large shops of merchant cash advance and alternative lending, well, that was a massive gap.
The alternative lending industry does not… it doesn’t lack the options of different funding. It’s just that there was no one who were kind of creating an umbrella to cover all of that, and package it for people to learn how to become a consultant, whether they have any background in this or not.
Be able to offer it to businesses and startups, because you have access to options. To have somebody get funding, even if they’re just starting a business. As you guys might know, it’s extremely difficult to get funding for even a startup. Even if you might just need 5, 10, 15, 20, $30,000, your banks will want a collateral.
If you do not have any collateral, your chances of getting funding’s slim to none. Whereas in alternative lending, if you work with the right partners and if you have the right business model, that’s extremely possible.
When I put all of those together and I looked at my limitations in the past, when I was trying to transition out of a corporate job to owning my own business, I noticed I’m not the only one. That’s like most people, that have a dream of building a real business.
Not multi-level marketing, not trying to sell products and services to your family. Or not being in e-commerce, and deal with Amazon’s crap and all that stuff. Someone who genuinely wants to build a lucrative and scalable business. I asked myself, “What is stopping them?”
The answer is, well, there is really no system that takes someone with zero experience on this, and takes them and helps them become a consultant. As long as they have the drive, which… one thing that I cannot give it to you, you have to have that. There has to be a why for you to do it.
Then if I created a system, that would just help people and that just worked out that way for the past couple of years. I know that there are a lot of comments here. I’m going to catch up with them every once in a while. This is definitely live.
Well, I’m learning the Blueprint. Is there any way to fast track the marketing turnkey type of down and dirty?
Anthony, Well, I mean, Blueprint is the fast track honestly, because instead of trial and error, you’re learning the most cutting edge marketing options that is proven to work for years.
You have access to the otherwise… the options are. First of all, you don’t know what products to offer to our customers. Second of all, you might not know how to access those customers. Blueprint itself is a fast track. “Call me Pat.” Hey Pat. Thanks, buddy. I appreciate it.
“Also, since I’m from Jersey also, I just [inaudible 00:11:48] in Montclair the other day. I’m getting a special discount from you.” Yes, I spent probably five or six years in Montclair. I went to Montclair State University. I started as a bus boy.
Then I went up to management and managed a restaurant for five years. “The presentation was very informative and I want to better understand how to do it,” great. Scott, “How do I get to the training?” Yeah, I’ll provide the link to the training at the end. You’re going to get a couple of links at the end.
For those of you who might not know what this is, after this Q&A, you can go back and watch the whole thing and there will be other options. I’ll definitely share that, Scott, at the end.
I’m a truck driver. How can I utilize my downtime to study the course once I purchase it?
Sharman, we do have a lot of truck drivers. That’s why this business can be done, if you give a focus time of one to two hours a day. The key is consistency. I just had a call at 12:00. The main message was that, staying consistent.
I don’t like it when someone tells me, “I’m only available one day a week. I want to build a business on one Saturday.” Building a business doesn’t really work that way. Consistency is key. I’m sure if this was important to you, you would be able to carve out one or two hours a day. You would figure it out.
It’s called the gun to the head marketing. If someone put a gun to your head and asked you to figure it out, I’m sure you would have figured it out. It’s a matter of priority, is this a priority for you? For that to be a priority, you got to know why you’re doing this.
Is that because you can’t see your kids anymore? Or you’re tired of doing what you’re doing, or is what you’re doing causing your health to diminish? That could happen too. Or you’re working for somebody that you totally dislike, and you can’t clearly see the future of being better than what it is.
We can all be as optimistic as we can, but if you’re working for somebody and it’s a flat structure, almost flat. Probably if you invest another 10 years, you’ll be making maybe $10,000 more, that should bother the heck out of you. Those are the people who really, really succeed in the Blueprint.
They have a strong why. I don’t suggest anyone to sign up the Blueprint, just because you want to give it a stab, give it a try. In business, that’s a bad recipe. You got to commit to it with whatever you got. Whatever you got could be, like Sharman, one or two hours a day. You’re committing that to build your legacy.
Of course, the first step is survival. Make money, match it to what you’re making right now, so you can get rid of the job and replaced it with a business. From that point on, it could be building wealth, building a legacy for your family, for yourself, moving to a better place.
Like one of our members, he just posted on Facebook that he’s moving by the shore. Literally, he’s bought a property right on the beach. That’s because he is a business loan broker, and is building his company. He has employees. Initially, when he started out, it was a survival.
He wanted to fund the first deal, make money first. Then get there, and pay the rent and pay the bills. After a certain point, priorities changed. That’s why as we’re going through this, and as you’re going through the webinar, one thing I tell people to think about, just think about why you would be doing this.
If you cannot find that why, I don’t know if you have enough motivation. There has to be enough motivation, otherwise you’ll go through this program. You’ll just find out there might be another program. You’ll go through that one. You’ll try, you’ll dip your toes in that.
If you want to build a real business, that requires real mental commitment. That commitment, only you can identify it. For me, I didn’t want to continue my life poor. I grew up poor. My family comes from a low income area, and we migrated from another country to come here, so we can live a better life.
That was an obvious why for me, because we just left everything to get here, so we can build a business and live a better life. I never questioned my why. As I was going through college, finishing college, then climbing the corporate ladder, the feeling of me not reaching that goal, bothered me so much that I quit my job.
At the time, that was going to be my best year. I was going to finish with close to $200,000 a year. I quit my job, because I couldn’t stand it anymore. I couldn’t stand the air. I was just full of anger, that I’m not hitting my goal, that I’m wasting my time.
It’s really, really important to dig into yourself, before you look into the opportunity. If you’re a truck driver and if for whatever reason, it’s not satisfying you, because you know that you can be a better version of yourself and your current situation does not allow you, hey, it’s about time to change it.
Mike, “I was interrupted and I had to stop watching, so I watched partially. I was solving for video control, so I could go back.” Yeah, Mike, it’s not a good idea to watch it on mobile. Most of the time people watch it on mobile, then a text message comes through, your phone rings and something happens.
You can’t watch the whole thing. Yeah, you can definitely go back and check that out. Victor, “Hey, it’s good to interact with you live. I’ve watched a bunch of questions about some doubts that I have. I will paste them, so that others get a chance as well.
Can I go ahead with the first one?
Question number one, please explain the automated lead finder. Do you send deals to us?” I don’t know what you mean by automated lead finder.
We don’t send leads to you. We don’t sell leads. We’re not in the lead sales business.
We teach you how you can generate your own leads, and so that way you own it. If we do sell it to you, there will be a little conflict of interest. The best way for you to build a business, is understand how all of those steps actually work. Generate your own leads.
As you grow the business, you can certainly hire someone to take over and do that. Many of our members have done that.
What if multiple members of BLB try to access the same client?
Now, there are over 10 million businesses, small businesses in US and in Canada, and tens of thousands of new ones are being established. For that to even happen, we would probably need to have hundreds of members in the Blueprint. We have a little more than 1,000, because this is a paid training.
It’s not free for all. That’s one of the reasons, but that just won’t happen. I mean, there’s no way that that will happen, because this market is not saturated at all.
How many hours a day would you say I need to invest in the course to become successful?
Sharman, well, that depends on how you define success. If your initial goal is to get to $5000 to $10,000 per month, investing one to two hours a day will be fine. You can do that. If your goal is to get to 30,000 to 40,000, 50,000 plus per month, then that will require your full commitment.
That’s why usually, there is a transitional period. Let’s say you’re making five grand per month right now, the first goal is for you to match that. Then after that, you get rid of whatever is holding you back right now. Then you decide what the next step is. We give it 10,00 20,000 30,00 40,000.
We even have members who are at the seven-figure level. Yeah, it’s a step-by-step process. For the initial level, let’s say 5K to 10K to 15K, that requires consistent effort of 1 to 2 hours a day.
What a challenge that one must overcome to be successful in this business.
Luke says, 100%, in every business, it is. It’s just, this business has innate advantages over most of the other businesses, because you’re not selling this convoluted product.
You’re selling money, which is the sexiest product on earth. Money is needed by everyone and every business out there. If they don’t need it today, they will need it tomorrow. They will need it. That’s why it is the hardest business you can start, because you’re not putting a middle layer to the money.
When you’re selling your physical product, when you’re selling a phone, well, the goal of selling the phone is to make money, then you have the phone. Someone needs to need to phone and buy the phone.
Whereas we are talking to businesses and saying, “Hey, I mean, do you need more money? Do you need more capital to grow, to survive, to thrive, to scale and to buy more merchandise? To get better prices or to buy out your neighbor, to hire people, for payroll. Or to start a business, buy real estate, invest in real estate.”
Many reasons, because your ideal customers are not different than you guys. Whatever needs you have, the businesses out there, they have similar, almost identical needs. Galaxy, that’s probably your phone name.
Do I have to contact and speak to people?
Yes, but yeah, we have to define that. If you mean telemarketing, cold calling, no.
What’s selling this is you. That’s why you’re learning how to be a consultant. Once you learn how to be a consultant, you make the difference, because your customers will want to work with you, because you have access to data, the partners. You can identify, which one is the best product for your customer?
For that reason, at some point, you’re going to have to talk to the customers and give them the options, and get them going with the funding options. Scott says, “Thank you. Oh, you have to commit to your commitment.” Yes, sir. Absolutely.
Is your program based on mostly inbound and outbound marketing?
Alan, Mostly inbound.
Outbound is if you want to hire people to do telemarketing and cold calling for you, you can do that. Our program is inbound marketing, mostly on inbound marketing. Alex says, “I saw your success,” yeah.
How do I get involved with the Blueprint, with no money to invest?
Raymond, Do you find serious people who want to do the business [inaudible 00:22:20] Blueprint, but have been out of work for six months?” Yeah, that’s a great question. Blueprint is a paid training.
If you’re in a position that you cannot really afford it, then I would set it up as a goal to… I know it might be difficult to find a job, but find some means to generate the income required. When you start a business, you have to set goals. The goal will be to make 5,000, 10,000, 20,000, 30,000.
If your initial goal is to join the Blueprint, then you will need to set up a plan for that too. I’m not saying that’s easy. I’m not saying that’s always convenient for most people, but that’s the fact, because we want to protect the community. What I know is, people succeed at a way higher level when they have skin in the game.
Why not offer it for free, then I can give you the commission when I get a deal?
This took us over a decade to put together, with hundreds of thousands of dollars in investments, to create this program. That’s why I want to offer it to people, because sometimes I get questions on, “Why not offer it for free, then I can give you the commission when I get a deal?”
No, it’s not going to work that way, because you don’t have any skin in the game. I’m not saying you, Raymond. In general, it’s for those who ask those questions. We don’t want to have a system to chase someone when they close a deal or not. The people who asked that question, they’re not understanding our structure.
That you’re not signing up as a broker on either me or my organization. That’s why we don’t track your deals. We’re not getting a cut from your deal or anything. This is 100% your deal. If you join the program and close a bunch of deals, you see a lot of testimonials on our YouTube channel.
We could probably 10X them, if we knew who was funding what. No one is required to share with us. If they do share and come forward, and they volunteer to be interviewed, then we bring them on the YouTube channel.
We don’t have this system to chase people and say, “Hey, it looks like you’ve funded your first deal, come on up. We’ll do the interview,” type of thing. There is probably 10 times more success than we have in the Blueprint, people funding deals.
The purpose of this, was for people to be independent while they’re using a proven system. I hope that makes sense. Galaxy, “I have a business that’s not going well due to COVID. I have an obligation to my family, and I want to build a business that will help me and my family.” Well, that’s a very strong why.
Yeah, you got to take care of your family. You got to find a vehicle that will allow you to do it. Maybe the current business is really not the right vehicle for that, if it is being impacted by what’s happening.
That’s another reason that we’ve seen an explosion of people interested in the alternative lending industry and the Blueprint, through the COVID, because some people finally noticed, “Oh, crap. I thought the vehicle I have was great, until we had a pandemic and it will probably follow with a recession.”
You need to recession-proof yourself, your pocket. That’s why we do have products that’s really not impacted by recession at all. Our members are still funding deals as if nothing is going on. There’s a Q&A section in this webinar. I don’t want to ignore those people if they are… this is different than the chat.
On my own, would it be realistic to achieve…?
Sharon Michael. “I had to be here. I’ve been investigating for some time now. I have some questions.” Mike, go ahead, buddy. “You explained this as a six, seven-figure opportunity. For it to be seven-figure opportunity, it requires staffing. On my own, would it be realistic to achieve…?” Yeah, Ralph, great question.
The question is, for those who might not have heard of it. Yeah, you hear me saying, “This is a six or seven-figure opportunity.” Six-figure can be on your own. You can get this to 10 to 20 to 30… I think the breaking point is usually at $30,000 to $40,000 per month, but you can get there on your own, one person.
If you’re making 20K, 30K per month, that’s like a quarter million dollar business a year. That’s definitely six figures. Seven figures is if you’re doing 100,000 or more per month, so you’re not going to get there by yourself. Anything beyond 30,000 to 40,000 requires help.
Then your first item will probably be a virtual assistant or an actual assistant, or you might become a broker shop, and hire sales guys and girls and have them work under you. That’s how we get to seven-figure. You’re not going to get to seven figures just on your own. I haven’t seen that happening. I haven’t done it myself.
I’m running a seven-figure business. It just doesn’t work that way, but high six figures is highly possible.
Can this be done if my only free time is past 7:00 PM and weekends?
Judy, I think, asked this question. Absolutely, that’s a lot of time. You can certainly do that.
Who are your lenders?
David, “Who are your lenders?” We have a lot of lenders for United States and Canada, over 40 of them. Of course, we only disclose the names of that to our members in the Blueprint community. Jodi, “Do you need a certificate?” No, you don’t need a certificate. You don’t need license or degrees to become a business loan broker.
Darryl, after I purchase your course, how much money will I need to put into business? Darryl, that depends. I wanted to create the Blueprint in a way that if someone is really on a tight budget, they can get this going with $0. If someone is really tight on the budget, you can get this going and run your business with $0.
There are tools that we recommend in the Blueprint. You don’t own them. They’re third-party different tools. They do come with subscription fees, if you want to make it easier.
Again, it’s not required. If you do use all of them, all the tools that we recommend, you’re looking at about $150 to $160 per month, if you just keep using them. It’s not just one tool, a bunch of them. A lot of our members do that.
If the money is a challenge, after you enroll into the program, you can certainly get your business up and running without using them. It just expedites the process of generating leads and closing deals.
Guys, I know you’re on the chat, but I’m going through the Q&A part, because obviously these people had these questions. I don’t want to just ignore them, since the tab is literally Q&A.
David, “I invest in new tech and entrepreneurs, corp strategy and financing. Who are your lenders? Please answer.” Again, the lenders are for the members of the Blueprint only. We won’t disclose it.
Can we operate in Canada, supporting Canadian businesses?
Yes, you can start and operate in Canada, funding businesses in Canada. Also, you also have access to a bigger market, which is the US market.
We have a lot of Canadian members, who either choose to run their business in Canada or they do US, or they do both. We have a specific list of lenders for our Canadian members, but a good portion of them also deal with clients in the US market as well.
How do you find lenders for your clients?
Well, we provide you with the lenders. You have access to the lenders and trainings. A lot of our training has actually been done by… with me, just like this meeting live. We do live webinars with our lenders, the CEO of the company.
We’ve one this week. I think for the past five weeks, we’ve done live webinars. Blueprint is not just a stagnant recording, that someone has recorded like a year ago. There’s a lot of things going on within it. We keep bringing back our partners and do new webinars.
There are no incentives for someone to… for example, one of our real estate partners, I mean, they love working with Blueprint and our members. They offered even a more discounted pricing at a wholesale rate. Now our members are able to make anywhere from $3000 to $5000 more per deal.
Can you fund your own business?
Markel, sure, you can use that. Once you do join the Blueprint and have access to partners, you can fund your own business. John, “What are the Canadian tax implications of funding in US?” Well, obviously I can’t give you accounting or tax advice.
I’m not an accountant, but I can tell you that, until you reach a certain amount, it’s not really that complicated. Once you reach $50,00 to $200,000, then there are accounting firms that would handle that for you. It’s not a lot different than Canadian’s funding deals in Canada. It’s very similar.
Are there time payments for a purchase?
Preston, I don’t understand what that means, Preston. David, keep reading. “How do you compete on interest rates and fees?” We don’t, because I’m in bank. For someone who would be a good fit for a bank, they would go through them.
The decline rate on loan applications are over 80%. It used to be like in ’70s, for a small business to get some kind of funding through a national bank, your credit unions. Through the COVID, that even been dropped further. The decline rate is over 80% right now.
The chances of a small business to get some kind of funding from a bank, with zero interest or a 2%, 3% interest is slim to none. If they can, they should go that route. We’re an alternative lending industry. We’re not really competing. We’re offering different options.
What are the commissioner ranges? What happens in the event a customer defaults on their loan? Are there chargebacks and commissions?
Mike, for most products, there’s really no chargeback. You keep the commission. For merchant cash advance, the chargeback period is usually 30 days.
Based on the statistics, 1 out of 200 deals, will charge back within the first 30 days. Usually if they default, that’s usually on the 60 and 90 day, even further than that. That’s why the lenders do have underwriters to decide on the files, which one to fund, which one not to fund.
Let’s say on a $100,000 deal, you’re making 10 grand, but the lender is losing $100,000 if the business do not pay that and if they defaulted. Commission range, it depends. We train our members on 10 plus products. If I do average it, it’s probably $2000 to $4000 on alternative lending, funding options.
If you’re doing a real estate type of deal, like helping real estate investors get funding, that could be $4000 to $10,000. John, “How is the commission structured?” I think that answers your question. “Do you have lenders for real estate?” Yes, we do have lenders for real estate.
You get a chance to work wholesale, without any brokers in between. You work with the actual lender directly, and you have your own point of contact and we have an entire training. Actually next Thursday, I do have it in the Blueprint. We have a weekly live call with me, like the one you’re on right now, but for our members.
Our real estate partner will be on… again, to announce some discounted pricing for our members and the real estate part. We’re super excited about it.
I’ve seen other programs out there. Is there saturation in this business?
Katie, well, there’re not really a lot of programs out there.
Of course, you might say that, “You’re just saying this, because this is your program,” but that’s the honest truth, that we have the most comprehensive training in the industry. Saturation, we’re far, far from it. A lot of businesses out there might be training people on merchant cash advance only.
We’re the only one training on alternative lending itself, with great track record as you guys probably can see, if you do some due diligence on us. Definitely, I suggest that you look us up and check out our YouTube channel, our website, and our Google… and everything. Do some research, and you’ll be able to see the difference.
David, “Please answer, the online platform questions not the bank.” Yeah, online platforms of funding, they’re fine for those who want to go ahead and get it done themselves. We’re teaching people how to be a consultant, so they need… a lot of the people, it’s like insurance sales.
Can you buy insurance or mortgage online? Yeah, but a lot of people have their mortgage brokers, insurance brokers and their bankers. Why? Because it’s a consultative approach. You want to work with someone that you trust, and their rates are not much better than what we can offer.
A lot of times it’s actually worse than that, because they’re spending millions of dollars to maintain those platforms and we don’t have that problem. Preston, “Like 50% one month, 50% next.” Yeah, we do have a two-pay option, Preston. Yeah, I’m sorry. I didn’t understand that’s what you meant.
What’s a good monthly ad budget if I wanted to ramp up the lead flow quickly?
John, I mean, you can start with as low as $5 a day, because if you follow the Blueprint on lead generation, on paid advertising, our members get leads for $1 to $2. You can get a couple of leads a day. You don’t really need a massive budget.
I’m not going to get into how paid advertising works, but you never start with a large budget. You start slow and kind of ramp it up, and scale it as you’re getting results. John, “What are the lending amounts, lowest to highest?” You can lend as low as $5000, and as high as $2 to $3 million.
What are the different lending options?
A lot. I mean, from the credit options to personal loans, to term loans to credit like, revenue based loans, real estate based loans. Or based on nothing, personal income based. Any option that you can think of, we have options available.
Well, that doesn’t mean everyone’s going to qualify, but at least you can cover all the gaps that a business banker will not be able to.
Is LinkedIn the primary lead source?
Marcel, it’s one of them, but in which lead source to use, it’s kind of up to you.
Are there certain states which are more strict with lending regulations for the type of business?
Anonymous, Not really, California used to be a problem, but not anymore.
By problem… and you can still fund deals in California, but they were having difficulty understanding alternative lending and getting it mixed up with actual business loans, business lenders or real estate agents and brokers. Now after seeing so many cases, they’re clear.
There’s really no state with restrictions on what we do here. David, “Not a good answer, anyone can Google, omni lending platforms.” Okay, David. Yeah, if that’s the case, then yeah, anyone will do that. I’m saying, “That’s really not the case.” It seems like you’re not buying into my answer.
Yeah, that’s my answer. There are obviously Google lending options out there, but most people do not really use that. If you think that that’s the case, then this might not be a good fit for you. Mike. “Sorry, if you already covered this, but what is the biggest source of getting qualified leads, paid ads?”
No, probably 10% to 15% of our members use paid ads. The rest is all inbound marketing, through different social media channels. Cold calling is rarely done, unless our members hire staff. Like, right now is the best time to hire telemarketers, because there’s shortage of jobs.
A lot of sales people lost their jobs at their corporations. If you want to go that route, yeah, we do have the training on that one. Yeah, if you can email… but paid ads is not the bulk of that. I don’t want anyone to think that, “Oh, not only I got to pay for the Blueprint, now I got to have a budget for the marketing.”
That’s really not the case. Most of our members use the organic methods to generate leads.
Do you recommend specific initiatives in today’s economic climate. That’s not always saturated.
John, no, 99% of the industries out there can be funded.
We do have a whole section on niching down, because niching gives you a power. Instead of going wide, you go deep. Well, being in alternative lending, you’re already going deep. You’re focusing on funding and lending.
Niching works when you have affinity towards a specific group of businesses, or industry or geography. For example, we have members who decide to dominate a certain city, like if it is Long Island or New York City, because they’ve been in that area for 20, 25 years.
When I was doing it, I was going after restaurants. Why? Because I had years of experience working with restaurants. When I walk into a restaurant, I can tell if things are in place or not. Or if the system is broken, if the kitchen is freaking out.
I can start a meaningful conversation with a restaurant owner, whereas other members focused on the product. Like getting funding for equipment. They work with trucking companies that help them get more trucks. They work with Yellow Island, like construction companies, buy my construction materials.
Others work on providing immediate cash, fast cash to small businesses. One is not better than the other one. For example, we have a partner that specifically has a product, to provide funding to existing businesses impacted by COVID 19.
For example, New York City, where our offices… a lot of businesses are forced to shut down or they’ve lost a lot of revenue. Well, no one would want to really fund them, because, well, there is a high risk. We have a partner who specifically targets companies who have been impacted by COVID.
They focus on the real estate owned by businesses. A lot of small businesses own real estate. They can’t really do much with that, to support the very business they’re in. There are a lot of options like that. It’s not a matter of choosing one niche. It’s just identifying how to choose it properly.\
Do you provide training on arranging personal loans as well?
[inaudible 00:41:11], I’m sorry if I’m butchering your name, but if I am. Yes, now we do have personal loans, as well as business loans.
Is there a way to pay for BLB in two payments?
Anonymous, yes, you’ll see soon that I’ll provide a link.
Actually, I’m just going to put the link here while I’m answering the question, because some of you might be waiting for the link. It’s not fair for those who… if you want to just get started, I’ll just put the link right here, all panelists and attendees.
Especially since you’re showing commitment to join me in the middle of the day on Friday, you could be celebrating a happy hour somewhere. For those who will join right now, by the end of this meeting, I’ll be doing a welcome call myself, a live session for anyone who’s joining.
I can personally welcome you, and walk you through how to use the Blueprint properly. We don’t offer that normally. Since this was kind of last minute and you kind of squeezed yourself into this meeting, and this platform only accepts up to 100 people and we’re at the limit right now.
That’s the link that walks you through all the details of what you’re getting, the pricing and how to sign up. Whether you do one pay or two pay, we can… next week, well, I’ll announce the day you’ll get an email for you to meet me live through Zoom, so we can do a welcome call.
With limited to no experience in the business lending, how do you go about narrowing down a particular niche? Or do you foresee a few niches?
Julian, I think I just answered partially that question, If you don’t know where to focus… and once you go through the lessons, that will be clear to you.
You can start as a generalist. Generalist, meaning that you are providing business lending. If someone comes to you and they’re interested in funding, you ask them specific questions to identify which product they will be a good fit for.
Once you identify, you put them in the right box and tell them, “Hey, based on the information you’ve provided, we have a couple of different options,” which is always great. The customers love that, when they’re not pushed to get one option. That’s how you shine as a consultant, because you have options.
Then you do this. A lot of our members start as a generalist, and get their first couple of deals going and make a bunch of money. Through that process, they notice that they’ve built more affinity towards either a certain product, certain industry, certain category of the market, certain geography, certain segment.
Then they go towards that. For example, Elisabetta, she’s at the seven-figure level. When she started out, she was chasing merchant cash advance leads. Then after funding a couple of them, she noticed that she really doesn’t like that idea of doing merchant cash advance. Then she chose medical.
Now she’s working with the medical facilities to provide funding. She does really large deals with hospitals, and imaging centers and whatnot. All right, so that’s the end of Q&A part. Let me just go back to the chat, to see if I missed anything. There we go. Let me make this bigger so I can see all of that.
“That’s my range, big dreamer.” Yeah, “Can we operate in Canada?” All right, so I already answered that. Sure, you can do that. “Do you have a solo ad script and capture page to send out for at least…?” We actually give you an entire website for free.
You’ll see that there are things out there, that they ask you to join their program. They tell you, “You’re going to get your own landing page.” The problem is, you’re just sending your leads through their platform. We actually give you an entire built website, that’s not connected to us.
It’s yours to own. You can use it for your ads, because what I noticed is that, since we were also web designers back in the day, it’s just, members do join the community. Instead of focusing on the business, they spend five weeks to find a designer and create content.
Get the content going and keep editing the website, and optimizations and all that stuff, before they make any money. I said, “There’s got to be a way for us to transfer an entire complete website over to them. They can just pretty much do a touch up with their phone number, their email, so it’s ready to go.
They can focus on the business itself, instead of dealing with the technicalities.” You do get that with the Blueprint. Galaxy says, “It takes money to make money.” Not really. It takes passion to make money, so you can make more money. You’re not going to land on the money.
It has to start from somewhere, because that approach is an infinite loop. If it takes money to make money… or how did the first person make money? There was no money out there. It takes commitment and determinism to want something. When you want something, you have reasons to get to the money.
You make it, then you invest it, if that’s what you want to do. Real estate, do you work with private money lenders or banks only? No banks, just the private money lenders. Alan, “The real estate funding is repeat commission, no.” Yes, well, I mean, it can be a repeat commission, if your client keeps getting funding.
Can you advertise your business as a lender?
[inaudible 00:46:53], No, you’re not a lender. You can’t advertise as a lender.
Once you become a broker, is it possible that a person can give themselves a loan?
Sharman, Yes. Pat,
How do lenders pay us by check? Because I have too many problems.
No, they actually do a direct deposit into a bank account.
Are we able to edit the website that we receive?
Jodi, Yes, the website has the lead generation tools. We suggest you do minor edits such as, you’re going to learn how to create your own logo and your contact information.
It is 100% yours. If you want to edit it, edit it, sure.
Will we have access to DNS servers?
Yeah, definitely. You’ll have your own domain. You can set your own DNS settings. That’s 100% complete website. Christopher, “How do you…?” Did you guys see the link by the way, guys? I put it, and there’s just a lot of chat going on.
Every once in a while, I’ll just keep copying and pasting it.
Mr. Oz, how do I identify the loan applicant and potential lender? Do you provide…?
Yes, we do provide lenders and we do have training on how those lenders work, and how to identify a potential lead. What to tell that lead, what questions to ask.
How do you know if it is a good lead or not a good lead?
Can you help get from just broke to becoming a direct lender?
Anthony, You can, but I mean, that process will take a couple of years. First, you got to know what you’re doing.
You need to be at like seven figures, for you to become a direct lender, to work with the direct lenders, because you’re funding your own money at point. “That makes sense. Thanks for correcting me.”
Do I have to have a business name?
Yeah, Anthony, I have a small business and now I’m shutting down. I used to make… can I use the same name?” Well, you can, as long as it’s not in totally conflicting industry. If it is a tax ID number under the general category, you can use that.
You already created let’s say… I don’t know, you have the tax ID number and you categorize yourself let’s say, like a chiropractor, that’s in a totally different category. You can’t really use that. In the Blueprint, we show you how to come up with a business thing. You don’t need to have an existing tax ID number.
Honestly, you don’t really need to have a business initiative. You can get paid as an independent contractor by the lenders. Yeah, so if you have an existing… yeah, and I wouldn’t just forget about it, that could be a good option.
Is it possible I can stop referring advertising BLB? Pay me a referral fee?
Sarita, “Sorry, I didn’t finish typing. Is it possible I can stop referring advertising BLB? Pay me a referral fee.” We don’t really have that option. We never set it up unfortunately, so we don’t have a referral program. Kenneth says, “Joined.” Congratulations, Kenneth.
Great to have you, buddy. I’ll see you on the call next week. Mike, “So we would primarily drive leads to our website through organic ranking and from LinkedIn.” You’re not really doing organic ranking, because ranking on Google takes forever. We don’t have time for that.
Our approach is, how do we get to the money within 30 to 60 days? Yeah, you’re having your website, so no one can question your credibility. You don’t want to be out there talking about business lending, and when someone checks you out, there’s nothing about you, no website, nothing. We want to eliminate that for that reason.
Yeah, so you drive leads to your website, to your funnel. It could be LinkedIn. It could be all the other marketing avenues that we talked about. It looks like I got to the bottom of the questions. Wow, that was a good run. That was kind of non-stop. I love that.
All right, I think I have more on the Q&A section. This is awesome. I’m glad that I didn’t kind of put together a presentation or anything like that, because this is more beneficial to you. I don’t know, are you guys enjoying this? Is this working?
“Love it. Awesome. Yes, yes, yes, yes. Perfect, yeah. Great.” Yeah, that’s why [inaudible 00:51:24] webinar is good obviously, but that’s not live. I just want to come back every once in a while. Do this once in a while and answer questions.
This has given me great feedback too, because nothing is perfect. When I want to update the webinar, I can say, “Hey, these people have all these questions.” More than 75% of you told me that you watched the webinar. Well, either I didn’t cover that or it’s good to repeat.
If you invest time, and energy and implement the strategies, what is the realistic timeframe to crack 20 plus a month? Can that be done as one person?
John, It can definitely be done as one person. Honestly, you don’t really need more than 1 person to get to 20. One person is more than plenty.
I have members who reach that level within a month and a half to two months. Again, the caveat is what you said, if you’re putting time and the energy. I think what it comes down to is being coachable. You have in your hands, something that’s been proven for many, many years. It works, because I’ve done it myself.
It’s not just, I woke up one day and tried to put together this training. I’ve had the difficulties of building this, business without these tools. I was a telemarketer, dialing 300 people a day.
I said, “Screw this. I’m making money, but I’m kind of chained to my desk and there is no freedom. I just bought myself a job, trying to get rid of a job,” but then when you create a system that eliminates all the junk that you have to deal with, you just focus on what matters.
I think the task is, time to fund the deals, I think three days. Then we have many people who are at the 20K, 30K month level, just themselves working from home and they’re not putting in 60, 70 hours a week. That’s absolutely doable.
Can I split payments for the course, for the one-pay option, partially credit card, partially debit card?
Julian, You can do that, Julian, but you can’t do that through the link. We’ll have to call you. If you can send an email to me, I’ll have… and in the email, mention your name, why you’re emailing.
We get a lot of emails, so I want to make sure that we understand that’s you and your phone number, so my team can reach out and do that. You can do that, but not through the link. It is email@example.com. I’m just typing in the email here, for anyone who want to email me and you could be in the same situation.
We actually do have a PayPal option on the order page, if you wanted to do the PayPal. Galaxy, “But I will, in two weeks. I will do it partly.” Yeah, Galaxy, you do the same thing. Send us an email, explaining the situation please.
Anthony, “Please explain the next level also. Obviously, that’s after work and running commitment to ironing levels. If you could just touch on, to pre-sell and get some exposure. Not to mention, I want to hear, because I’m going to be there shortly.”
What do you mean by next level, Anthony? I’m not understanding your question. “Well, you said a guy joined and made money, who was even homeless. How did he…?” We had three people who were homeless when they joined.
One, I didn’t know if he was homeless, because he was too embarrassed to tell me, but he borrowed from family and friends. The others, one borrowed from his mom. I believe he was a young gentleman. Yeah, so they just borrowed the money. I interviewed him, he’s on our YouTube channel.
It’s a very touching story. That guy was running a really successful business, then he got hit with a massive health problem, then he lost everything. He couldn’t attend to his business. His business, he wasn’t able to automate it. He was in hospitals for months. Then his wife took off, everything went down. It’s like a downward spiral.
Then he lost everything. The morale was down. Obviously he got depressed. He was living in a car and he was friend hopping. When I interviewed him, I was dying to know. I’m like, “Dude, how did you do this? This is online marketing. Yeah, I understand you don’t have a home, but you still need to be online.”
He was kind of friend hopping. He was calling his friends saying, “Hey, I need to stop by for two hours. I need to use the internet and maybe take a shower.” He was doing that.
Then after funding the first deal, he got a laptop and using the Wi-Fi, because he’s still didn’t have the internet and everything. He was spending time in Dunkin’ Donuts and Starbucks, using the internet. He had a phone. He would disappear for like a month, because he couldn’t pay the phone bill.
Then he would come back. All through those struggles, I didn’t really know then what he was going through, but then he built a successful business and started hiring people. Galaxy, “Do I have to set up a separate bank account for BLB?” No, you don’t have to.
I mean, if you do start an LLC, you’re going to have to have a business bank account, but you don’t need to have that immediately. Anonymous, “If my business bank account from my UK business can open my US bank account, can I register to US lenders with my UK company?” That’s more like an accounting question honestly.
That depends on how old the UK bank account… and whatnot. I suggest that you look that up, if that’s possible. We do have members from UK, but because we do have a list of lenders for UK members specifically as well, since this business works pretty similar in the UK.
Obviously, US is a more informed market. It’s best to do this in US. I don’t want to misinform you. I know there is a way to do it, I just don’t know specifically how that is. I don’t want to give you any wrong accounting advice, because it’s a sensitive topic.
Does your BLB offer specific guidance for students who are looking to scale our business? For example, can we reach out to your team on SBA loans credits?
Yes, well, actually with this, you get lifetime access to our support team, both phone and email support. Our support is in the US.
I actually have some of our team on the call with me today. Yeah, you get information, so you’re not dropped into the training by yourself. You do get a lot of support from us. David, “Hopefully, someone will email me to my answer [inaudible 00:57:48] questions.”
David, I did answer your questions. Yeah, you can’t seem to be convinced with my answers. Ralph, “Yes, Oz. This is a good format.” Awesome, great. Markel, “Your honesty shows some humble you are. That’s priceless, looking forward to being your next success story.” Thank you. I appreciate it.
I appreciate it. Thank you.
Do you speak Turkish?
Emile, Yes, I do speak Turkish. I was born and I grew up in Turkey until I was 16 years old.
What is the cost of membership?
Arthur, I put the link in the chat. I’ll just paste it again. I suggest that you check out what you’re getting.
It’s not just a form for you to put your credit card information. It literally walks you through specifically what you’re getting. [inaudible 00:58:35] “Oz, once you sign up successfully, will we get a chance to meet you in person?” I would love that. We actually had that in the books.
Right before we got hit by COVID, I was putting together two events, live events and we were picking the location. I don’t want to dominate and pick the location for my people. We’ve done two other events before, and we just do a poll within our community saying, “Hey, where would you like to meet? We’ll just make it happen.”
I picked 9 or 10 locations, and they were voting and it came down to one location. Then we got shut down. I’m dying to do that, but obviously I don’t want to put anybody’s health on risk. We can’t really do it right now. Once this all clears up, certainly, I would love that.
I met a lot of my members at a recent event, right prior to COVID, in Miami. Before that, I was a keynote speaker at a business brokerage event in Las Vegas. We had like 100 people in the room, and I didn’t even know that about half the room were our students. When I said, “Anyone who’s with the Blueprint, can you stand up?”
It was like half the room. I was like, “Oh wow, that’s really interesting.” It gave me chills. After the meeting, we hung out with the people and build solid relationships. Honestly at this point, most of my personal friends are from the Blueprint community.
A few people know my house. They come by and we chill. Yeah, it was truly life-changing for me too. John, “Do you have a one-on-one coaching program?” John, I do not have a one-on-one coaching program. I wish I could, but I wouldn’t know how to do it with the volume that we have and I want to be fair to all the other members.
Is there a way to pay BLB in two payments?
Anonymous, Yes, if you follow the link in the comments, there is a one-pay option and also the two-pay option. If you’re having any problem, let’s say the page is not working or you’re trying to submit the payment, it’s not going through, just use the email.
I’ll put the email again, firstname.lastname@example.org. I can have my team there on standby. I can have them give you a call and get you started, so you take advantage of this meeting, exclusive meeting we’ll have next week for members who do join.
With limited to no experience in business lending, how do you go…?
Julian, I think I asked that question, Julian. Howell, “I want to set up an LLC right after I make my first deal. Can I use the name of the business prior to…?” Yes, you can do that, Howell. We’ll show you actually how to do that.
All right, moving along to this side, to chat. Alan, “In one of your videos, I believe you mentioned the story of a paralyzed woman who was calling bank loan officers. Is that in one of your testimonials?” I do know who you’re talking about.
I just can’t remember if we have it in one of the video testimonials, because I know she’s been killing through that. Built the partnerships in place, because obviously there are a lot of limitations and she can’t meet people in person. I honestly do not remember, Alan.
I have access to business email lists by industry. Would you recommend testing email campaigns?
Mike, yeah, you can certainly do that, but there is a way to do it. You can’t just blast it. There is a whole strategy behind how to do it. It’s great that you have access to email lists.
Yeah, we do have a few members have been killing it with just email marketing alone. Sophia says, “Very nice,” great.
Will you create a certified training program?
Sergio, “” No, I get that question a lot.
Do we get certifications? Do we get diplomas or accolades?
No, because I don’t want to reward the wrong thing. This is not a college course. When you go through college, regardless of whether you’re successful after the college or not, they give you a piece of paper, diploma. Which I also have one of that, but I’m not doing what I learned in college.
Any kind of certification, I highly dislike it, but it is rewarding the wrong thing. I don’t want to recognize somebody’s effectiveness on finishing the training. I expect that, but the reward is in taking action and making it work.
If someone is following the Blueprint, and closing deals and making money, to me, that’s better than any kind of certification out there. Would offering that give us more credibility? Sure, I don’t think we need more credibility, but yes. I don’t want to offer things, just for the sake of making Blueprint look better.
For me, at the center of my attention, is the success of our members. Success is measured on, “Well, how much money have you made?” For that reason, I stay away from things like that. We have a lot of things in the [inaudible 01:03:34]. We’re creating a system where we’ll reward successful members who follow up and get results.
That’s going to be in… it’s going to be released probably in the next two weeks, but great question. That comes up a lot.
The answer to that one-on-one coaching program, shows you have a legit program. Most gurus would just sign me up to talk to one of their sales guys and call it coaching.
Julian, Yeah, thank you. I appreciate it. I never claim to be the guru. Yeah, I appreciate the fact that you’re recognizing it. We just created a system. We’re constantly, constantly working on improving it. It’s not like, “Oh, it’s said and done. We got it done, let’s to sell this and party.”
No, we work as hard, usually harder than our members and keep thinking about how to make this better. Life doesn’t work that way. You can’t just do one thing, and kind of let it fly and forget about it. You have to constantly improve it and make it better. That’s why I’m here.
Today for example, I have a lot of other things to do, but I noticed that I’m getting a lot of emails recently. I said, “I got to make time to do this and jump on, and answer some questions and make it worthwhile for people’s time.
If those who can join or will join, so I can spend more time with them one-on-one and in a group setting,” Julian, like this welcome call. It’s going to be another Zoom meeting. I’ll show you the Blueprint, which you’ll have access at that point. I can give you my feedback at that point.
Anonymous says… he says some encouraging comments in Turkish. I appreciated it, buddy. Thank you.
How much time commitment do you need in the first weeks and months when you join on average?
Will, I don’t like these average thing type of questions, because it doesn’t work that way, as much as you can.
You have to commit to this, as the more you commit to this, the more success you’re going to have. Based on our experience, even if you can put it in one to two hours, the key is consistency. You got to be able to do something. Hopefully, at least five days a week.
Not all the time, because you have a life going on. You got to carve out one to two hours a day on this, so you can spend time… because otherwise, I don’t know how serious someone is. If you want to start a business and you’re telling me, “Yeah, I can’t work on this five days of the week.”
Then it’s really difficult, because our brain is wired in a way that, we are creatures of habits. Habits are not formed if you’re doing something once a week, they’re formed if you’re doing something consistently. Will, I’m not targeting you. I know what you’re asking.
If someone is in that mindset, “Oh, well, I’ll just squeeze this in on a Saturday morning,” don’t join. I’m being 100% honest, because nothing will work for you. You have to change your habits. The current habits you have brought you here. Whether you’re happy about it or not, it’s a whole different conversation.
The reason you hire a coach, a mentor, sign up to their program, is to change, break some of those habits. Get rid of the bad ones and establish the good ones. The only scientific way that would happen is through consistency.
Whether that’s 15 minutes, half an hour, 1 hour, 3 hours, whatever you can do, that will… everything that we do in life have consequences. If you put three hours into this, you’re going to have positive consequences. If you buy this and do nothing, well, you’re going to have negative consequences.
If you’re in a dead-end job and you do see that, but you do nothing, 10 years from now, things are not going to get better by themselves. Trust me on this. I’ve met so many people in their 50s and 60s, and usually most of the time, they’re talking about how they wished they had done things differently.
You don’t want to be that. You want to be the story saying that, “I noticed that things were not working. I changed them. I broke the habits.” That’s the general answer that I can give to anyone who asking, “How much time should I spend on this?”
That’s absolutely up to you, but I encourage spending as much time as possible and making this a priority. Sergio says, “Thank you. Just doing what you do is a blessing in people’s lives.” Thank you. Thank you, buddy. I appreciate it. Will, “How many members do you currently have?”
I don’t have a specific number, but I think it’s like 1500 or so. Galaxy, “Thanks, Oz. This just feels right.” Thank you. Anthony, “Do you go over how to handle objections and obnoxious business owners?” Yes, we have a whole module with multiple lessons on it, on how to offer your services in a consultative manner.
We’re not teaching somebody to be a boiler room salesperson, because that’s not what you need. At the same time, you need to know how to be a consultant. Ask the right question and answer the right questions from the business owners, so you can blatantly tell them what options they have on the table.
All right, guys. It seems like this is the end of the questions. I’m looking at both the Q&A section and the chat. I’ll put the link once more here, for those of you who might not have seen it. Also, our email here.
If you need someone to call you, to get you signed up right now, just email me. Obviously with your phone number and your name on the webinar, so we know who you are please, so I can have my team reach out to you and get you set up.
Will, “Do you have stats on the percentage of people who buy in full, and join and are successful?” That depends on how you define success. Yeah, we have a lot of members who are closing. As far as the stats, I would not have that, because this is not college. We’re not giving them a grade, they’re totally independent.
For example, this coming week, I’m interviewing two members. One is a newbie. She just funded her first deal. The other one, so far within the past three months, he made $200,000 in commissions, not revenue. Revenue could mean that, 180,000 is in expenses. No, it’s $200,000 in the bank.
I didn’t know that they were at that level. They brought it up. We don’t really do the tracking, because we see that it works, but we don’t have a software or system for them to report back to, because we want them to be independent. If they come up and we see them, we’re like, “Wow, that’s amazing.” That’s how we find out.
How about a COVID discount?
Alan, we never do discounts or promotions or anything like that. This program is in higher demand than ever, so we don’t have any discounts available.
That’s why I wanted to offer some kind of value add to those who join, to have another meeting with me as a welcome call and going through, what’s inside the Blueprint? How to you hit the ground running. Sergio, “My last comment, would you recommend someone to work out with, as an alternative lender to get experience?”
Not really, because they’re going to put you through the phones. They’re not going to hire you and share with you the industry, and how things work and things like that. They’re going to put you through the phones, or you’re going to be spending six days a week dialing people, so you’re not going to understand the business inside out.
Plus whoever you work with, probably they’re only offering one or two products. It’s not going to replace the experience of you running your own business. Anthony, “How long did it take the woman who you just mentioned, to do the first deal?” 20 days or so I think. She couldn’t do anything for the first week, due to some family matter.
Then she put in like two weeks and got the first deal of going, and have a bunch of deals in the pipeline I think. Will, “Have you ever loaned anyone funds to join this program?” No, we have not. We don’t have that option. All right, guys, we’ll wrap it up. We’re passing over an hour right now.
I think we did answer a lot of questions. Hopefully, this was helpful. Hopefully, I’ve helped a bunch of you who joined. Email me if you do have additional questions, or if you’re looking to have our team reach out to you.
Hopefully, I’ll see you on the other side. If not, thank you for joining and thank you for making this a lot of fun and keeping me busy. All right, I appreciate it, everyone. Thank you. Take care now.