Meet David Biondo of Signal Butte Financial Corp.

Today we’d like to introduce you to David Biondo.

Hi David, we’d love for you to start by introducing yourself.
I was selling High End Audio Equipment in my last two years of school at Richard Stockton State College in Pomona NJ right outside of Atlantic City NJ. I graduated with a BSNS Marketing degree. I had great success in High End Audio and was winning many Sales Awards. The company made some poor financial decisions reduced our commissions and so I bailed before they closed.

I moved onto advertising for a small newspaper, and I starved for a few months. Then after 8 months I became the #1 salesman. I soon learned the more you sold the less you made. My boss owned a Delorian and was a really cool guy. He was very nice to me. I had to look for greener pastures.

I went into insurance but stumbled with a bad manager at Mutual of Omaha who turned out to be a serial killer. LOL!! WHEW!!

I ended up at Equitable with another great manager who left me to my own devices, but he taught me as I was a quick learner.

I worked until late at night selling Life Insurance but during the day I concentrated on small group health insurance and securities. Sometimes i would do all three for clients.

I would develop a 240 questionnaire I carefully crafted to determine if a company’s stock was worth selling. I would send it to the CEO and follow up with a phone call. I would get the okay to talk to staff from CFO, VP, Managers and Employees to answers! It worked. Once the CEO would sign off on it, I would call up clients and give them 240 reasons to buy!!
I would tell the clients when it gets to 10% I will sell it and stick you in a fixed account with compounding and go after the next thing. I would do these 6 or 7 times a year in good years until 1987 saw a downturn and I stopped it for a full year. By this time my clients were making a killing. I became division leader in 1 year. at Equivest. Then I left before the downturn and took my clients on another never-ending journey. I left Equivest after not receiving a raise as their #1 son!! LOL!

Can you talk to us a bit about the challenges and lessons you’ve learned along the way. Looking back would you say it’s been easy or smooth in retrospect?
My obstacle was maintaining a good income while selling new clients. I still work under this philosophy!

Alright, so let’s switch gears a bit and talk business. What should we know?
I would ultimately leave with my Mentor a guy by the name of BIG JOE! Big Joe was like a father to me. He even had a desk for me to work at from time to time in his house. One day BIG JOE was traveling to his daughters B BALL Game and had a heart attack and hit a tree doing 60MPH. He died. I was left with devastation, and his wife was a nurse.

I was quick to get agent of records letters on his clients and received commissions which I deducted for taxes. I passed onto her until she got her license to keep the business going and ultimately turned it all over to her.

I was truly on my own. I never looked back. I miss BIG JOE!! I found other mentors that helped, and I liked what I was doing but the quotas on commissions were being manipulated by raising them after we surpassed them at the end of the month.
They were stealing from us. I was amateur cycling at this point, so I found it a hassle to deal with and eventually after the 7th time of switching my license to another broker dealer in ten years I was just sick of their blatant rip off of my money for themselves! I dropped my securities licenses. NOW I TEACH HOW NOT TO USE THE STOCK MARKET AND GET GREAT APPRECIATION AND INCREASED INCOME DURING TIMES OF WITHDRAWALS! SOME CAN BE TAX-FREE!!

What was your favorite childhood memory?
I was always racing my bike even modifying it for course criterium and otherwise. I played basketball incessantly! I was an avid reader and read everything I could on sports, fiction, history and more. I remember making like I had a kickstand on my tricycle. I swam a lot and diving was my thing. I would find myself in the woods after school I loved being outside. I grew up 20 miles outside NYC and was a good carpenter and was on a framing crew in High School summers and into college. I worked at B Altman’s as a dishwasher, but they made me head of the employee cafeteria as an alternate. I learned to cook southern food from Fanny and Vernel. My grandmother was my other mentor on cooking. I ended up at the Ram’s Head Inn as a SOUS CHEF during college summers. I was a making cold soups, Ceaser Salad set up. clams and oysters, dessert Blueberry and Peach cobblers Grand Manière sauces, Lobsters and much much more. i would follow the fights and was playing basketball all over NJ in pick-up games. I started playing drums in a fife and drum corps my older sister was in playing fife. I was only 9 years old, and the music bug got me!! I was playing like a pro by age 15. Morris County Militia has me playing on YOU TUBE LOL for practice before the Fourth of July!! I was bitten by the harmonica at age 18 and have been playing for over 48 years now as a pro. I have a band called Hurricane Dave and the Storm Chasers on all streaming services. All original music I wrote and co-wrote with others. I play guitar, lap steel, melodica and vocals on the cd Blooze BlowDown. We are in studio writing a follow up. We have great accolades and play live about once a month or more. Check us out. This is how I am Denver’s Harmonica Playing Finance Guy!

Contact Info:

• Website: http://www.davidbiondo.com
• Youtube: https://www.youtube.com/results?search_query=hurricane+dave+and+the+storm+chasers+album+blooze+blowdown
• Soundcloud: https://soundcloud.com/search?q=Hurricane%20Dave%20and%20the%20Storm%20Chasers
• Other: https://hurricanedaveandthestormchasers.com/

Image Credits
James Johnson Photography