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Strategic Funding Partners
Strategic Funding Partners Bruce Rich Waste of Time!!!! Boca Raton, Florida
7th of Jul, 2011 by User867021
What a mistake I made referring business to these individuals. I had responded to an ad on Craigslist(1st mistake), looking to supplement my business by sending corporate finance deals over to these 2 brothers Michael and Bruce Rich.
I had gone down to Boca Raton to meet them, and they were in 2 small executive suites(2nd mistake) We had known the same people from the past brokerage days and I figured they might be able to close some deals. Myself and a business partner worked about 6 hours a day.
I have about 15 years of financial sales under my belt so I know that I would excel with giving them financing deals for corporations.
Myself and a business partner started to submit deals to them, exactly the way that they wanted them, I have been given leads my whole life and understand that the lead reflects the qualifier.
I had only spoken with Michael since our first introduction, who misled me that the deals take time and I had a huge pipeline built up and was sure to be making big monies over the next few month, so we proceeded(3rd mistake)
Over the next month, we keep open lines of communications with our existing deals and many of them were able to get much better terms and conditions then they were offering, not a little, I mean literally 50X more money at much better rates.
Many of the smaller company's share prices were much lower then when we started to speak to them, which could be the market or something else.
After 3 months, I demanded to speak with Bruce(the fund manager) who never returned my calls.
The whole time, I felt like I was treated like crap, very unprofessional, even though I was never compensated a penny, and he had slipped and said that our deals made up most of his board.
I could be wrong on this( and I could win the lottery also) but I see that they are running more ads and looking for more people.
I hope this helps prevents other good people from making the same mistake as I did.

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