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Leasing
Association Comments from Readers: I
personally think anyone big or small, who does not belong to at least one
Leasing Association is crazy. It's
no different than any other professional
who needs to have their skills honed and upgraded at least once
a year. I feel this certainly
is true for funders and brokers alike. As
a charter member and Past President of the NAELB, I have found that membership
to be invaluable. You get to
know others in the industry and you
get to be known. Hopefully you
will be known and respected by many folks
who can help you succeed, as well as being in a position to help others
learn, grow and prosper. It's
a wonderful two-way street to be strolling and/or running down, when
suddenly you need help or advice in your business. It's also nice to
make friends with peers who are not potential competitors so you can freely
share information. My company
was blessed last year and able to double
our business. It was almost
embarrassing to talk to other folks who
were crying the blues about how bad things were.
We are continuing this
year with another 20% growth in the first 6 months.
Without the things
I learned and the people I met in the NAELB, none of that would have
been possible. Thanks and hats
off to the NAELB Founders and the hundreds
of you that continue to support that organization. For
any of you that don't agree with the way any of the Associations are being
run or the directions they are taking, feel free to contact their officers
and board members and discuss your views.
Better yet, find out how
you might assume a leadership role within the Association if you feel
you have talent and ideas to offer.
Be a participator, now a complainer! Be a winner, not a whiner! Ciao
and best of luck to all of you! Gerry
Oestreich Adirondack
Leasing Associates Ltd PS Sorry Kit, I couldn’t shorten this up! There's just too much good to say
that really has to be said! --- ----- On
the subject of Associations...Boston Financial & Equity belongs
to the ELA,
EAEL, UAEL, CFA (Commercial Finance Association), TMA (Turnaround Management
Association),ELFF(Equipment Leasing & Finance foundation), ACG (Association
for Corporate Growth) and the MIT Enterprise Forum. As
Randy Haug said it...belonging to an association should be considered
a marketing
and sales tool..not an expense as such. We have made valuable contacts
from each association. I have sourced new deals, made new friends, used
many an attorney, equipment appraisers/auctioneers, bank contacts, received
advice, asked advice, educated myself as well as my employees, received
the benefits of government lobbying efforts, UCC information, new legal
developments...etc etc etc. Why would anyone NOT belong? To
take it a step further..I am on the boards of 3 of these organizations and
have enjoyed every minute of it. Yes, its takes some time out of my schedule
but it is worth the time and money.
Not only have I been able to get to know
a great group of people in a smaller setting...I get to give back to the
industry and am able to put my 2 cents in (which most times is more
than just
2 cents)...why just sit back and let everyone else do the work? Think about
not just joining...but joining a committee..you may find it's actually fun
and enjoyable. Sincerely, Deborah
J. Monosson President BOSTON
FINANCIAL & EQUITY CORPORATION 20
Overland Street Boston
MA 02215 617-267-2900
Tel 617-437-7601 --- I
work for a large finance company and I am sure they have corporate
leasing association memberships, although they want us
to be more active in trade organizations... construction. I
think a connection to your target industry is very important.
When I serviced the electronics industry I joined the
SMTA( Surface Mount Technology Association ). I became the
chapter president for 3 years. It was a big boost for my career.
I am now a member of the AGC. There
is only so much time for organizational work. I think the
big choice is whether to be very active in a targeted trade
industry or leasing organization. Maybe a better option is
to be somewhat active in both. Given
the state of the leasing industry, it is important to at
least receive leasing industry news sources such as The Monitor
and Leasing News. Best
Regards, Brian
Carey CIT e-mail: brian.carey@cit.com phone
number: 408/997-2456 fax
number: 408/927-8069 Cell: 408/623-5571 --- Regarding
today’s leasing associations… The
promotion of “education, fellowship, and betterment of one’s occupation”,
might be a just and noble cause; however, my 35 years (I told
you I was a “Jurassic Lessor”!) in this industry have primarily been
motivated by my desire to make money. I
have long supported our industry associations, but I do think they have
lost sight of the real mission. I founded the Lessors Network to accomplish
one simple objective, to provide a forum for the proactive participants
in our industry to identify new business opportunities. We leave
the education, political action committees, etc, to the associations,
and I think they’re doing a good job, but I can’t remember the
last time I found a real business opportunity at one of their meetings. I
don’t know about the rest of you, but I’m interested in closing deals and
making money. After that I'll play golf. Remember, it’s all about networking! The
Last Capitalist (grin) John
Semon The
Lessors Network --- (
More reaction tomorrow )
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