All right, welcome back. So we have been talking
to different people throughout the day regarding the industry their expectations
and just the event overall. So go
ahead and talk to the camera regarding who you are and
who you're with sure. I'm Daniel
I work for All Star Capital. We're a
platform within Delta Bridge. We mainly deal
with isos and Brokers that you know, send us files from you know,
all across the industry. We can handle all different
kinds of paper. We do, you know
a paper through see paper d-paper. We'll
do Weekly's we'll go out as long
as 12 months. We'll you know fun deals as low as
you know, one two eights, I would say our Niche is probably more
in the like six months, you know one 40 type
range, but we can handle all different kinds
of paper. All right. So Daniel, let's talk a little bit about 2023. What
are your expectations for this year for the business?
I mean we plan on crushing it this year. I mean,
that's the you know, but you know, there's there's all
different kinds of changes that are happening within the industry. I mean, I've been doing this
for about 10 years now. So I've definitely seen you know,
all different kinds of ups and downs and you know different kinds
of changes that have happened and you know, there's been changed with California and
Utah and Virginia this year and I'm sure
there'll be more coming and it's all about like rolling with the punches. You
know what I mean? So let's talk about those changes.
I mean the industries change and there's a lot of people that are new to the industry.
What advice would you give them for? Someone that's been doing this for over
a decade?
Um, I think they'll always kind of be a need for this
product and you know, no matter what kind of
changes they have and you know different kind of regulations and stuff
like that. That's not going to change the need for it'll be
there. So it's just a matter of adjusting to that and you know,
like I said rolling with the punches and you know figuring out how
to you know, continue to exist within those regulations and
I'm not too worried about it to be
honest with you and then in regards to making money making like these
big deals what's been the biggest deal that
you've encountered just in the time that you've been doing this myself.
The largest that I personally
find is a million dollars. I am working on I don't want to jinx
this right now but a 20 million dollar deal with our
with directly with our credit line. I
mean dude's doing like 40 million dollars a month. It's wild
I don't know if it's gonna happen, but hopefully
next year when you ask me this question, I'll have told you
20 million years, but you know, so to get
a deal that big I mean a lot of people
want to do that they want to do the million dollar deals at 20 million dollar
deals all that jazz. How do you even nurture something
like that? How do you even fathom, you know
to do something like that for those of you guys that are starting out?
I mean, it's all about building relationships, you know,
I mean, so like I'm dealing with Brokers. It's not like I was
sitting there cold calling hundreds of people and thousands of people until I found
this, you know, it's a broker of mine that I built a relationship with who reached
out to me asking me. Hey, do you have a home for a 20 million dollar deal?
And you know, I said sure,
you know, let me see. Let me see and I you know,
I reached out to our CEO and I'd be a little bit tough to
do it.
Just with our regular guidelines, but we have a credit facility that
you know might have an appetite for bigger kind
of deals like that. So we reached out to them directly and you know
took a little doing and didn't know nothing is you know
signed yet. But you know, hopefully hopefully we
can get it done, you know, so in regards to those people that
are kind of stuck in a rut and you know,
they they can't make money like, you know business is hard
for them. But advice would you give to them so I mean
I've been doing this for a while and the people always ask me that that
question, you know, I mean like who successful in this business and the people
that are successful are the people that can just kind of
hang in there because I know people that have come in and have crushed
it right out the gate have hit a slump.
Not able to handle it and that's it. They just faded
away and you know, they're doing something else now, and I know people that you
know had to really hold their breath for a little bit and are
some of the most successful people in the industry. So it's all about, you know,
wait until you find your strike wait until you know, catch a
stride and you know, I mean like sticking it out there and you
know, I mean the more effort it's
There's there's not a whole lot of things in life like that. But you know where you
kind of put in the effort and you know, you put in your
time and stuff like that and you'll see it pay off but cash advance is definitely
one of those things and you know, the the longer you do it the more you the more
you put in the you know, the more you'll see the, you know,
the fruitier laborers. So this is gonna be for social media platform.
We're doing three quick little videos asking three
quick questions.
Lightning round, you know in 10 seconds. What makes
a broker successful what makes someone in this industry successful perseverance,
you know, just not
not giving up and you know
not being afraid to you know to
to get out of your comfort zone and you know
put in the extra effort and do what you got to do, you know.
Alright, bro. Thanks so much change it. Appreciate it, man.