Ep. 21 - Zero Clients, No Experience, No Plan? Here’s How To Survive Business in Year One ft. Bobby Lam

In this episode, we have Bobby Lam, a finance broker at Loan Lounge with 10+ years in financial services, blending banking, lending, and community work to help businesses and individuals secure the right financial solutions.Bobby shares how leaving a stable banking career to start a church in China shaped his entrepreneurial mindset, why the first year of business is brutal—and how to push through the financial struggles, and how having a strong purpose beyond money can keep you motivated even in the hardest times.He also discusses the biggest misconceptions about mortgage broking and why most people quit too soon, the key mindset shifts that helped him become confident deal closer, and why mentorship and surrounding yourself with the right people can make or break your success.If you want to learn how to build a resilient business, stay motivated through challenges, and create a career that aligns with your purpose, then make sure to listen to this episode!----- SHOW NOTES LINKShttps://www.linkedin.com/in/bobby-lam-578555281/ https://www.instagram.com/bobthebrokerau/ https://loanlounge.au/ https://www.facebook.com/loanlounge https://linkedin.com/company/loanlounge https://www.instagram.com/loanlounge/ -----  LISTEN TO THE PODCAST Spotify: https://spoti.fi/3QTXo7s Apple Music: https://apple.co/46dyEeI Google Podcast: https://bit.ly/3QFkw8A Amazon Music: https://amzn.to/40Akwv8 YouTube: https://www.youtube.com/channel/UCVeRalAVOkGHYLfciZy_5Xg  ----- FIND US HERE  Website: https://solveaccounting.com.au/ Facebook: https://www.facebook.com/profile.php?id=61550067431709 Instagram: https://www.instagram.com/philkhao/ LinkedIn: https://au.linkedin.com/in/philipkhao  ----- CONTACT US Phone: (02) 8197 1733Email: [email protected]  ----- TIME STAMPS:00:00 Intro01:07 Bobby’s Background04:15 What Made Bobby Stay In Sydney07:11 Church in China10:10 Learnings in Growing Church in China13:14 First Year Experience in Business18:59 Tips on Someone Who Wants to Start in Mortgage Brokering23:21 Difference Between First Year and Third Year in Business26:00 Feeling of Quitting in the First Three Years in Business/Going Back to Corporate31:41 Tips and Experiences in the Three Years in Business37:36 What Has Helped Bobby in Business?40:50 Bobby’s End Goal43:59 Conclusion----- DISCLAIMER  The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.