|Available to the Public at Woodstock StreetFest, 2013|
When starting and managing your own business, one is likely to encounter numerous challenges. But if your business vision is rooted in and has blossomed from a personal and professional value system, you are likely to feel an intrinsic sense of reward as well. Such is the case with Julie Armstrong. When Julie entered the Mortgage Brokerage field as the employee of an established but larger operation, she would come to recognize that at times, higher risk clients had difficulty honouring the contracts into which they had entered. These contracts were often set at traditionally higher rates as a reflection of the inherent risk.
Julie is well aware that real life can throw us some unanticipated and unpleasant curveballs, and she wanted to assure all clients consider their mortgage options with a clear head and a viable and realistic plan of action. She is a firm believer in the importance of managing and minimizing financial risks related to assuming a mortgage. As she herself evolved into the role of Mortgage Broker within the Stratford area, Julie began to wonder if there was a way she could break this unfortunate cycle for clients who were unable to meet their mortgage payments,
Julie tested the feasibility of establishing an independently owned business within the Woodstock area. Her vision was to offer a personal and local touch which would result in manageable rates for her clients, with her service fee being absorbed by the lending institution rather than those seeking a mortgage. Julie has conscientiously worked hard to both develop and earn a positive reputation as a supportive business professional within the community. There have been several times that she has been offered ‘employment’ within the field as she continues to build her business network, but Julie’s determination to fulfill her vision has kept her on course. She occasionally reminds herself that if it was ‘easy’, everyone would be in business for themselves!
In order to focus upon developing positive relationships with both clients and associated businesses, Julie has hired an Administrative Assistant; Manuela handles a range of ‘behind the scenes’ tasks; this allows Julie to do what she does best, which is to get to know her clients and seek out the best mortgage options available to meet their individual situations.
|Julie Armstrong; |
The Mortgage Centre,
Considering Self-Employment? (1) Recognize that building and managing your own business typically requires a full-time commitment. In Julie’s case, she has responded to client inquiries morning, noon, and night! So maintain a positive outlook AND good health! (2) ‘Think ahead’. The first year or so (business start-up/establishment phase) is often a ‘lean period’ for income generation. Plan ahead and build a savings fund for this time-frame, in case you need to draw upon it. (3) Stay current in your field so that you can offer your clients the best possible service. That is really what business is all about!
Julie's contact details can be found at: www.lowermyratenow.ca
Do check out my other blog topics while on here! I love writing about people and what inspires them. I also discuss various career and employee development topics, usually with a dash of humour or a grain of salt! I welcome you to join me, and to leave a comment!
Catherine Stewart-Mott; Forward Momentum Services