Oz Konar believes that his Business Lending Blueprint course is the key in building a pandemic and recession proof business. He also claims that he was able to build companies to seven figures and beyond by leveraging the power of alternative lending. According to him, anyone can replicate the result of his successful career as a business loan broker through signing up on his Blueprint course with no prior experience required. Is it true that his course is beginner-friendly and that effective? Find out by reading this Business Lending Blueprint review.
Business Lending Blueprint is a course created by Oz Konar that promises lucrative and recession proof business by acting as a bridge or middleman between business owners and capital lenders. Basically, you are a business loan broker that assist businesses to get funding by striking the best deal with a lender. After every successful transaction, you will be rewarded a commission.
To start, all you need to do is pay the whole sum of $2,197 once or you can opt to three equal pay option of $845 for three consecutive months. Take note that the latter option is more expensive than the onetime payment, costing a total of $2,535. Through six video modules, a done-for-you (DFY) website with scripts and templates needed for contracts and deals, and a weekly one-on-one coaching session with lending experts, Oz Konar asserts that you can close the best lending deals possible and scale businesses to five or even seven figures like him even as a beginner.
Finding such businesses in need of a loan broker assistance is very easy, at least as Oz claims, since more than 80% of small businesses have their business loan declined when they apply on their own. He also claims that businesses will need more capital due to challenges brought by the pandemic, either for expansion, survival, or launch.
The general flow of the business is as follows: First, you need to find a business in need of financial assistance. You can also assist individuals to obtain the fund they need to start their own business. Next is to assess the status of the business or individual whether they are new or established, their credit score, their monthly income, and other details relevant to their financial capacity. Last is to review the offers available from lenders (which the Blueprint includes a list of possible candidates) and strike the best deal from there. Rinse and repeat and you will earn at least $15,000 monthly according to Oz. Sounds simple, right?
It may sound simple, but it is not that easy to be a successful business loan broker. If you are a neophyte in the lending business and all you have is the Business Lending Blueprint as your credential, how can you be sure to get businesses to trust you?
Building a trustworthy image as a loan broker requires social media presence and extensive knowledge regarding building a network of ads that can reach your intended audience. The marketing and communication skills required to negotiate deals with lenders is something a video training and coaching cannot teach. All these reasons plus the intense competition within the already established lending industry is a proof that Business Lending Blueprint will never be enough to guarantee your success as a business loan broker.
Oz Konar is a legitimate entrepreneur and a trustworthy influencer with remarkable credentials. He has a respectable YouTube channel with 22,100 subscribers and almost 7 million in views. He also has been featured in Forbes before (important to note that you can pay Forbes to feature you, being there is not as prestigious as you would have thought).
However, his promise of replicating the success he had as a business loan broker by signing up for his Business lending Blueprint without prior experience is far from the truth. There are a lot of variables to consider in determining your success as a business loan broker including your social media presence, your marketing skills, and other nuances in trading and lending that is outside of Oz Konar’s Business Lending Blueprint scope. It is a good business model, but far from being beginner friendly as he claims.
The Blueprint is also expensive, and you will be better off starting with free training resources first. There are also better side hustles out there which does not require you to spend a lot of time and effort to master.