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Helping Businesses get the financing they need to make their dreams reality - The beginning

RecordBen

New member
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Yakima WA
Thread starter #1
Good Morning Dropouts!!

Kylon has encouraged me to step out of my comfort zone and let you all in on my journey as I begin my entrepreneurial path, over the next couple of months I will continue to add updates, goals, challenges, and other experiences to this thread for you to follow along. Enjoy!

So what am I doing?

I will be working as a Consultant/Commercial Loan Broker with AAI Financial Group, helping individuals and businesses get loans and find various financing options. AAI Financial Group provides consulting and commercial loan brokering to our clients as they work through the purchase of a new property and or work to obtain financing
for a business venture. We provide a one-stop shop for business owners when it comes to commercial lending. By utilizing our services you are basically hitting the easy button, we collect your financial information and help you find the best financing option, we then package your information into a nice little loan request document and send it off to our lender network to find you the best deal. We then review the terms and rate options with you to find the solution that makes the most sense for you.

What are my goals for the next two weeks?

As I have just started in this venture my first step is going to be building as many relationships with as many people as possible. I want to connect with commercial real estate agents, commercial lenders, and business owners so that I can build up a network of people that know who I am and the services I can offer. I want to ensure that they know I am not just building the relationship for my own success but so that we can help each other out in the future.
Questions for discussion:
- What tips do you have for me as I work to build up my network?
- What are some great groups and or networking places you suggest I join?

Also, I plan on doing some project management remote work to help cover expenses over the next couple of months. I have one gig lined up that I will be working a trial this week, but I would love feedback on where else to look for work of this type.
Questions for discussion:
- Tips for using Upwork, secrets of success?
- How to put together a great proposal for freelancing sites?
- Best keywords to use when searching for remote work?

What else should I share as I go through these coming weeks?

I have never done anything like this before, and sharing with people is not always something that I am super great at. That being said, I know there is immense value in vulnerability and being open with people you can trust. I would love to know what are some things you would like for me to share, and maybe some areas that I can focus on for these posts in the future. Looking forward to hearing your thoughts!


Aim Higher!

Ben

33092164_10216020642019984_2760659485851648000_o.jpg
 

RecordBen

New member
Messages
9
Likes
19
Points
3
Location
Yakima WA
Thread starter #4
Well that depends a lot on what the company is, for a company that is primary focused on real estate I would say it would be smart to leverage credit to help get yourself ahead. Proper leveraging can open a lot of doors. That being said if you have access to investors and other forms of liquid capital I would of course look into those options. But with selling off equity you lose some of your power as the owner/entrepreneur. With borrowing you are (for the most part) maintaining the controlling role in the business. So it’s all about weighing your options and finding out what is best for you!
 

Sam

Moderator
Staff member
Messages
271
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369
Points
63
Location
Glasgow, Scotland
#5
Good Morning Dropouts!!

Kylon has encouraged me to step out of my comfort zone and let you all in on my journey as I begin my entrepreneurial path, over the next couple of months I will continue to add updates, goals, challenges, and other experiences to this thread for you to follow along. Enjoy!

So what am I doing?

I will be working as a Consultant/Commercial Loan Broker with AAI Financial Group, helping individuals and businesses get loans and find various financing options. AAI Financial Group provides consulting and commercial loan brokering to our clients as they work through the purchase of a new property and or work to obtain financing
for a business venture. We provide a one-stop shop for business owners when it comes to commercial lending. By utilizing our services you are basically hitting the easy button, we collect your financial information and help you find the best financing option, we then package your information into a nice little loan request document and send it off to our lender network to find you the best deal. We then review the terms and rate options with you to find the solution that makes the most sense for you.

What are my goals for the next two weeks?

As I have just started in this venture my first step is going to be building as many relationships with as many people as possible. I want to connect with commercial real estate agents, commercial lenders, and business owners so that I can build up a network of people that know who I am and the services I can offer. I want to ensure that they know I am not just building the relationship for my own success but so that we can help each other out in the future.
Questions for discussion:
- What tips do you have for me as I work to build up my network?
- What are some great groups and or networking places you suggest I join?

Also, I plan on doing some project management remote work to help cover expenses over the next couple of months. I have one gig lined up that I will be working a trial this week, but I would love feedback on where else to look for work of this type.
Questions for discussion:
- Tips for using Upwork, secrets of success?
- How to put together a great proposal for freelancing sites?
- Best keywords to use when searching for remote work?

What else should I share as I go through these coming weeks?

I have never done anything like this before, and sharing with people is not always something that I am super great at. That being said, I know there is immense value in vulnerability and being open with people you can trust. I would love to know what are some things you would like for me to share, and maybe some areas that I can focus on for these posts in the future. Looking forward to hearing your thoughts!


Aim Higher!

Ben

View attachment 20
Great goals and awesome desk porn! Looks like a really great working environment
 

RecordBen

New member
Messages
9
Likes
19
Points
3
Location
Yakima WA
Thread starter #7
Hey All,

Sorry for not posting at all! I have been grinding and doing my best to build connections and strong relationships. I have a couple loans that I am working on, one that is financing a $30,000,000 movie! The last couple months have been very interesting at times, I have my great days and my days where I am down and feeling like I can't make any progress, but I pick myself up and do something, just keep making some move forward, and eventually, something will work out.

I have a brochure that I want to share with you all, get some feedback and maybe some ideas on how I can use digital marketing to spread what I am doing, I would love any and all tips or suggestions, even a point in the right direction would be great!

https://drive.google.com/file/d/1K9UXs58mYmudb5Zju4RCCzKbOQhzbpRq/view?usp=sharing

Looking forward to hearing your feedback!

Aim Higher

Ben Record
 

cvans

Active member
Messages
73
Likes
189
Points
33
#8
Hey Ben,

Exciting to hear how you've been hustling!
I have some feedback for you on your brochure:

First of all, your title says "what we do and who we are", but then you go on to answer this question in reverse order. I think you had it right the first time. When I meet a new company, I first want to know what they can do for me; and only when I'm convinced that it's something I'm interested in, I want to know who you are and why I can trust you. So you should definitely start out with your value proposition.

Your best approximation of your value proposition is now found in the very last sentence of that (rather long) block of text. It's "better terms than you would often get through more traditional financing routes." You need to drastically improve this value proposition. Spend a half hour thinking long and hard about what it is you offer and then boil it down to a tiny sentence that's strong, accurate, memorable and descriptive.
For example: "We help you get bigger loans, stronger terms and faster throughput".

I'm sure you could come up with something better. If you have trouble with this, consider enlisting the help of your fellow successful dropouts, especially the copywriters we have in the community :)

As far as layout goes, I would strongly advise you to get a pro do this so that it looks professional and attractive. It never inspires trust when a brochure looks like a Microsoft Word document. And especially when it's about money, people want to know that they can trust you.

And they also want to work with an actual person, not with an anonymous company. This is where you have a real advantage over bigger companies. Because you're smaller, you can actually guarantee to prospective clients that they'll work with the guy they see smiling on the flyer. So make sure you have good-quality professional pictures of yourself in which you look trustworthy and approachable; and let those pictures dominate the design of your brochure.

Again, consider getting some freelance help with this from someone in the Successful Dropout community. I'm sure @Gerrit or his newlywed wife would love to help you out, for example.
 

RecordBen

New member
Messages
9
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19
Points
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Location
Yakima WA
Thread starter #9
Thanks for the feedback @cvans I appreciate the thorough analysis! I will definitely be taking this and turning it into action, once I have an updated draft I will share it!
 
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