Elite Broker Q&A: Morgan Owen, Penny Loans

Elite Broker Q&A: Morgan Owen, Penny Loans

Immediately after talking within MFAA meeting earlier this season, manager and you will money professional from the Penny Funds, Morgan Owen, talked with the Elite Agent podcast about their particular brokerage.

We find aside more about just how Morgan Owen has generated good highest client base nationwide and just what their particular greatest strategies for other brokers is.

I’ve been an agent for around half a dozen years, and i also dropped to the industry during the a random ways. I started off my industry from inside the exercise, controlling fitness centers; but not, We was not happy with this new pay.

In the course of time I took the dive to the [broking] just after somebody I would personally previously worked with on the fitness industry decided these were planning to start up a finance team and you will requested basically planned to indulge in it.

Immediately after moving around several providers and working with organization relationships breaking off, I’d been [a] broker for approximately 3 years prior to I made the decision that i carry out be fast cash payday loan emergency loan quick loan much better out-of supposed my means and that’s how Cent Loans was created.

We really perform a selection of financing. I perform residential having a large focus on earliest homebuyers, therefore we perform industrial finance.

Today the audience is performing advantage fund too. We were referring our investment business, however i’ve a team founded off to the purpose where we are able to keeps faithful tips for various one thing.

It just made much more sense to have [us] to take it in-house and make sure that our customers are delivering you to definitely full Penny sense.

In terms of hiring women and Penny Money being really centered up to one to, referring on the undeniable fact that I do think women can be under-represented, and you will I’m really seeking to disrupt you to definitely to an extent.

And in addition, regarding being a woman contained in this community, the other procedure I’m trying disrupt ‘s the image of it really, as you would-be feminine however you may suffer as you need within somewhat a masculine method.

We considerably provides an adaptable operating ecosystem. Such as, I do not for example instance operating Monday mornings, so we often do not get right up very early on Saturday otherwise we don’t can be found in work. I like to explore that time to go to the fresh coastline or take the fresh new pets getting a walk, just something you should de–fret.

I enjoy in addition to invest that point thought what i you want to do towards the times. There’s no worry since you have indeed considered what you would like to complete and you may where you could complement it in, and if it isn’t you’ll, i flow they to a higher day and you may reprioritise.

One to I would personally naturally say try you should never think that you are in this alone. I love to believe there are many some body such as for example me personally available to you and this there is a large number of agents aside there [who will be] more than willing to get connected to support and help that a different sort of.

What sort of finance are you currently writing right now?

payday loans business

A differnt one I would suggest will be to your social media given that for me it has been that which you. Although not, you need to know customers and you will know what program you need to focus on. This really is all about checking a massive audience.

We’re not merely an excellent Victorian agent, and i also provides clients nationwide, and you can understanding how to apply social networking is an excellent method in order to develop your audience.

In addition conduct business mentoring, so we perform quite a number of business finance also, with regards to cashflow, credit otherwise expansion otherwise acquisitions

You will discover much more about Morgan Owen and Penny Money regarding the Adviser’s Elite group Broker podcast. Listen to the brand new episode, Just how Morgan Owen whips finance into shape, below:

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