There is a “greater need” for mentoring and business coaching within the broking industry, the Finance Brokers Association of Australia has said, as it introduces its new broker summit in Brisbane.
Announcing the FBAA’s new business coaching summit to be held on 28 July, FBAA executive director Peter White said: “We believe there’s a greater need for business coaching and mentoring for brokers.”
FBAA Queensland state president Christine Green said that in light of the current interest in the Australian Securities and Investments Commission and bank movements, the summit would focus on the work brokers do while providing them with greater skills.
“The most successful entrepreneurs and the smartest brains in the world have all had a mentor – everybody needs one,” she explained. “We’re not doing this because we think it works – it does work.”
The summit will feature specialist business coach David Bayne of 7 Colored Doors.
Mr Bayne said: “I have owned and operated over a dozen of my own businesses, including a partnership in a mortgage broking business, and bought and sold over twenty-five investment properties spanning a thirty-year period.”
He also said that he has failed more often than not, but from that learning success comes.
The summit will also look at regulatory movements and their impact on business and lending markets, as well as consider ways for brokers to boost their income through lead generation and the closing of deals.
The summit will be held at the Broncos Leagues Club, with plans to roll it out across the country.