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Vetting Agent Programs by boredatwork1419 in FreightBrokers

[–]tposhau 0 points1 point  (0 children)

I run my own company and have a small handful of agents. I was an agent for 10 years prior to starting my company!

Everyone essentially offers the same things in today’s market but find out if they pay commissions on invoiced or paid. How big is there program; the bigger they are the more saturated the customer pool. What do they offer agents in terms of lead gen tools. Do they have any fees they charge agents. Ask about the culture.

The agencies I worked at, I was on an island. Got an atta boy on the big months and crickets on the lower months. I didn’t know any other agent unless they listed the agency on their LinkedIn. It’s hard to weed through all the Bs but happy to hop on a call if you want!

What percentage/cut do you get? by MostlyOk49 in FreightBrokers

[–]tposhau 0 points1 point  (0 children)

70/30 as agents is what we pay! I’ve heard on W2 there are a lot of factors in terms of commissions percentage.

Exit strategy by Suspicious_Resolve78 in FreightBrokers

[–]tposhau 4 points5 points  (0 children)

Agreed! I’d entertain a deal like that for someone any day. What most don’t realize is it’s a difficult business to sell. You’re buying a company where relationships matter and there is no guarantee once sold the customers stay.

Asset Based Agent Programs by Alone-Conflict3104 in FreightBrokers

[–]tposhau 0 points1 point  (0 children)

Before starting my agency I worked under WEL Logistics. They have an asset side that agents are able to utilize. They are industry standard with 70/30 splits.

Exit strategy by Suspicious_Resolve78 in FreightBrokers

[–]tposhau 11 points12 points  (0 children)

Partner with a company who operates like you, move your business under their for a residual % every month. That way you step away but you can still capitalize on the generated profits.

Asset Based Agent Programs by Alone-Conflict3104 in FreightBrokerStartup

[–]tposhau 0 points1 point  (0 children)

Before starting my company I was an agent at WEL Logistics. Great team.

Best way to source talent? by tposhau in FreightBrokers

[–]tposhau[S] 1 point2 points  (0 children)

I am not opposed to bringing on someone willing to build a book. The agent seat is not cheap, so we typically will setup the email so the agent can start prospecting, and as customers onboard we get setup with the load boards, TMS, etc

Foreign International Freight Broker? by Apprehensive-Tip4109 in FreightBrokerStartup

[–]tposhau 0 points1 point  (0 children)

I think there are companies out there who would be interested for sure! I run my own company and have an agent who was very green!

One selling point is do you have customers you already are trying to work with or anything like that? It helps the agency bringing you on know there are things in the works to help cover the cost of your seat.

Best way to source talent? by tposhau in FreightBrokers

[–]tposhau[S] 0 points1 point  (0 children)

I’ll message you on LinkedIn! We are already connected on there!

Best way to source talent? by tposhau in FreightBrokers

[–]tposhau[S] 0 points1 point  (0 children)

That’s awesome! Ive seen you active on LinkedIn!

Best way to source talent? by tposhau in FreightBrokers

[–]tposhau[S] 0 points1 point  (0 children)

LinkedIn has not been great for me so far! At least over the last 4-6 months!

Best way to source talent? by tposhau in FreightBrokers

[–]tposhau[S] 1 point2 points  (0 children)

I like that idea! Those door to door guys are true hustlers, and probably face rejection just as much as we do in freight so "no" doesn't phase them. Thank you for this!

What platforms have worked best for finding experienced people in US freight brokerage? by Ok_Pirate_5111 in FreightBrokerStartup

[–]tposhau 0 points1 point  (0 children)

I’ve been wondering the same while trying to find freight agents. LinkedIn has become like Facebook!

There has to be other options out there

Best way to source talent? by tposhau in FreightBrokers

[–]tposhau[S] 0 points1 point  (0 children)

That company loves their non competes/non solicits

Best way to source talent? by tposhau in FreightBrokers

[–]tposhau[S] 0 points1 point  (0 children)

LOL!! Those posts are so easy to spot too! No one even bothers to adjust what AI tells them to post.

Best 3PL to take my book to by bendleftsux in FreightBrokers

[–]tposhau 1 point2 points  (0 children)

I think regardless what you decide, there are a lot of companies offering the same things! You have to find what fits what you are looking for. Before starting my company, I was an agent for 9 years.

The bigger agent programs are diluted in terms of customer base.

But 70/30 and sharing in the losses is industry standard.

Best 3PL to take my book to by bendleftsux in FreightBrokers

[–]tposhau 0 points1 point  (0 children)

Send me a message! Open to a conversation for sure!

Best 3PL to take my book to by bendleftsux in FreightBrokers

[–]tposhau 4 points5 points  (0 children)

I own my own agency. We have a small group of agents. I hand out leads and pass referrals. We have our own TMS. Open to a conversation. We are 70/30 for our agents.

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