Over the last 12 to 18 months, Jim Paolino has doubled down on LodeStar Software Solutions as well as his commitment to streamlining the mortgage process. The result has been amazing growth for the company, which was named number 11 in the 2020 Philadelphia 100, awarded to the fastest-growing, privately held businesses in the Philadelphia region. With Paolino’s active leadership and vision, LodeStar today provides one of the industry’s most-utilized loan estimate calculators, delivering guaranteed closing cost estimates for all 50 states.
What is the best piece of advice you have ever received?
“I was at a conference in 2014, I was 27 and one year into starting LodeStar where I met someone who would become a good industry friend. I told him about my company’s first year and said ‘The hard part is over.’ He quickly responded to me saying, ‘No, the first hard part is over.’ Seven years later, he could not have been more correct, every stage of growing a business is difficult in its own way, you just have to learn to embrace the challenges and the personal growth that comes from tackling them. It is never going to be easy but honestly would not be as fun and rewarding if it was!”
CEO & Founder
LodeStar Software Solutions