An all-too-familiar feature of large organizations, silos are an unfortunate byproduct of each department specializing in what it’s good at. Look for gaps between the silos that’s where the opportunity is. The middlemen I studied did so in several key ways, three of which can be used effectively by middle managers and professionals as well: If you can reduce transaction costs for someone else, you can be a valuable middleman. (Ever tally the hours you spent planning your last trip abroad if you didn’t use a travel agent to cut through the research?) In other words, we face transaction costs, and middlemen can help reduce those costs. The truth is almost the opposite: by specializing (in middleman skillsets), middlemen can usually make things happen more efficiently than those who specialize in other job functions. put it to me, “middlemen connect nodes in a network to increase the value of the network.” And in an increasingly connected world, that makes all of us into at least potential middlemen, subject to the same perils and opportunities.Īnd yet even the term “middleman” conjures up a negative image - someone who creates costs and slows things down, a meddling intermediary. As the venture capitalist Mike Maples, Jr. I used to say, “No - it’s about brokers, agents, dealers, and two-sided markets like Airbnb, OpenTable, and TaskRabbit.” In other words, I was investigating the people who connect buyers and sellers in an open marketplace, not in a firm.īut at some point in my reporting, as I learned more and more about the qualities shared by effective middlemen from all industries, it dawned on me that middle managers - indeed, managers and professionals at every level - obviously are middlemen. “You mean like middle managers?” they’d ask. The data presented on this page does not represent the view of Freedom Mortgage and its employees or that of Zippia.įreedom Mortgage may also be known as or be related to Freedom Mortgage and Freedom Mortgage Corporation.While I was researching my book about middlemen, some people didn’t seem to understand who I was talking about.
None of the information on this page has been provided or approved by Freedom Mortgage. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The employee data is based on information from people who have self-reported their past or current employments at Freedom Mortgage. Zippia gives an in-depth look into the details of Freedom Mortgage, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Freedom Mortgage.