26th August 2021

OB Res in Focus: Matthew McAllister Founder and CEO of Mortgage Propeller

Name and Role:

Matt McAllister, Founder and CEO of Mortgage Propeller

Company elevator pitch: 

Mortgage Propeller is a technology led platform focused on solving qualified lead generation and application processing problems for mortgage brokers

What’s the biggest lesson you’ve learned in 2021?

It’s good to take a break.  Your startup won’t fail in the space of 24h

Do you have any hobbies or interests?

I thought I had lots.  I did before Mortgage Propeller and Covid came along.  Playing with the kids, spending time with my wife … When your spare time is greatly reduced you start to use the remaining time for the important stuff.  In a previous life it was video games, socialising, TV, movies, sport, stock market trading, travelling…

What advice would you give to entrepreneurs right now?

Depends on what stage you are at.  A guy from my past reached out yesterday.  He has just begun his startup journey.  They are very early and he sent me a 3 page email with all the questions you send when you are buzzing and have 100 questions. I answered them all but before replying I cut and pasted the part where he said ‘the MVP is going in front of customers this week’ and put it right at the top of the mail. I told him “don’t worry about anything else below. Get it in front of 50 customers first and then we’ll take it from there”.  For an early stage entrepreneur, I think that would be good advice. 

Wait, here is advice I’d give to entrepreneurs in general – don’t be the hardest working entrepreneur in the graveyard.

Tell us something people would be surprised to know about you?

I once bought a house with a credit card – thats how all this started

If you could pick up a new skill in an instant what would it be?

World’s greatest fundraiser

What do you enjoy most about Ormeau Baths?

The buzz when you walk in and there is that atmosphere of people trying to make things happen.  Love it.

Who is your dream business mentor?

Mark Dowds :-p

Where can people find out more about your business?

Click this link to the demo video or follow us on Linkedin or visit www.mortgagepropeller.com