Broker shares top business tips

EXCERPT

A mortgage professional who has recently struck out on her own has offered some advice on how to successfully build a new brokerage.

Having recently soft-launched her own brokerage after breaking away from a large company, mortgage and finance specialist Bianca Patterson of Calculated Lending has emphasised that building a successful company from scratch requires thorough and thoughtful preparation.

“Make sure you are mentally and financially prepared for the first year as it won’t be easy,” Ms Patterson told The Adviser. “Put away enough money so that you’re not stressed about bringing income in so you can focus on discovering and building your own brand.”