There’s one trap that many mortgage brokers end up falling into as soon as they start a business. And that is: Hiring their staff way too late. They believe that the only reason they need to hire is to solve their problem of feeling overwhelmed. But here’s the truth: Hiring people to save you from drowning in work won’t cut it. In fact, it can even do more harm than good.

In this episode of Mortgage Broker Acceleration, James Veigli and Ash Playsted talk about what happens when mortgage brokers hire too late. They also discuss the concept of drowning and how mortgage brokers can avoid this feeling as they pursue success. Tune in to discover the only right time to hire people in your broking business.

The Key Questions

• What happens if I hire too late? (2:03)
• How can I avoid hiring too late? (9:18)
• Why are most brokers hiring too late? (17:00)
• Why does backfill hiring not work? (19:37)
  
  

What You’ll Discover

• The default hiring strategy for most brokers (4:36)
• The most dangerous kind of person to have in a broking business (6:32)
• The true goal of hiring new team members (11:52)
• How banks hire staff and why you need to do the opposite (18:04)
  
  

Accelerate Faster

• You can visit Broker Ideas Group to learn more about us, access special events and download useful resources designed exclusively for mortgage brokers.
• Want to work with James, Ash and the BIG team to grow your mortgage business faster? Our Growth Coach team can help you. Let's talk!