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August 31, 2018

Shark Tank — Notarizing in the shower for executives

Filed under: Sit-Coms — Tags: — admin @ 9:15 am

ANNOUNCER: Next in the tank is an invention that can help busy time-strapped and soon to be clean executives get notarized in the shower so that they can save time.

FRANK: Greetings, contestants. I am Frank and I’m asking for $500,000 for 10% of my company called Shower Power Notarizations. How many times have you taken a shower and thought, man, I wish I could be multi-tasking while I were here. I wish I could get my such and such notarized. Well now you can, with my brand new Notary in a Tub business model, Shower Power Notarizations — “All the more shower to you.”

At Shower Power Notarizations, we are a service, with specialized dispatching of Notaries, and special patented waterproof Notary seals, documents, pens, and clothing, so that we can shower the executives of the nation with outstanding services while they are in the shower. We cater to the highest ethical standards. But, we do recommend to our clients who engage in fraud to start practicing now — the art of not dropping the soap. We also do jail notarizations, because we want a 10 years to life relationship with our clients, even if they are not the most ethical.

Mr. WONDERFUL: You’re telling me that I have to pay you half a million dollars for the insane hope that someday I make my money back on an invention that allows perverts who watch me take a shower and ask me to sign something afterwards?

FRANK: Well the perverts don’t watch you take a shower, they watch the executives take a shower, and normally the signing happens behind a curtain so that the Notary doesn’t see the signers’ other pen (if you know what I mean). And if it makes you feel any better, we throw in a free rubber ducky with every signing.

ROBERT: So, can I try your invention?

FRANK: Sure, just get into these swimming trunks and hop in. Here’s your notarized document.

ROBERT: I don’t wear trunks when I shower.

MARK CUBAN: Quick, activate the pixelation.

FRANK: Okay, I’m handing you the waterproof Notary journal. Sign here. In our state, they require wet signatures anyway.

ROBERT: Okay, I’m signing the journal and I already signed the document. That’s okay right? By the way, am I signing my life away with that document?

FRANK: No, it’s an affidavit saying that you like Donald Duck.

ROBERT: Well, just as long as it’s not Donald Trump.

FRANK: Okay, I’m stamping the document… Done!!! One minute and forty-three seconds. How is that for saving time in your executive life? Here is your complimentary rubber ducky with our company branding on it.

ROBERT: I’ll let you clean my body, but you’re not going to clean out my bank account. I’m out.

Mr. WONDERFUL: Deactivate the pixelation!

MARK CUBAN: If we buy 10%, could you throw in a few rubber duckies to sweeten the deal? Strike that. Your invention is all wet, in more ways than one. I’m out.

LAURI: I’m sorry to say this, but this is a rare incident where I would have to say — The Notary is a Quack. I call them when they’re zeros, and I call them when they’re heroes. And this one is a hero!

BARBARA: Are you nuts?

LAURI: I could sell this on QVC. We can demonstrate it with you in the shower. But, I’m going to need a lot more equity. 10% doesn’t get me excited.

Mr. WONDERFUL: What about watching Frank naked in a tub? Would that get you more excited?

LAURI: More excited than looking at your naked head.

ROBERT: How are your sales?

FRANK: Year to date, we have been flooded with orders and none of our overhead went down the drain. We grossed four million our first year. You cannot underestimate the severe time depravity and time poverty of executives. Saving them even one minute will make their day. These people all have assistants that make more than $100,000 per year by their side who will vouch for that fact. We sell to people who have more money than time with a very specialized service with a very high profit margin and strong popularity. Don’t throw cold water on us just yet.

LAURI: I’m going to make you an offer, Frank. But, I want a lot more equity. I’ll give you the $500,000, but I want 50% of your business.

ROBERT: Shazam!!! She’s really throwing out the baby with the bathwater, Frank.

Mr. WONDERFUL: This is the biggest nothing burger I ever saw. You should take it back behind the barn and shoot it.

FRANK: You don’t have to get all in a lather about it.

Mr. WONDERFUL: I’m out.

FRANK: Okay, 50% is a little steep.

LAURI: Do you have a counter?

FRANK: I stick to bathrooms not kitchens, so I don’t have much of a counter. But, how about 25%.

LAURI: No, I have to stay at 50, it’s going to be a lot of work getting this out there.

FRANK: I don’t like your conditioner… I mean conditions. I’m out.

LAURI: You can’t be out, only we can say I’m out.

FRANK: This whole experience has left me feeling dirty. I’m going home to take a shower.

.

You might also like:

Shark Tank Episodes including: Self-Driving Notary, Shazamdocs, 123notary wants to sell 10% of its shares, Notary EscrowPal, A Notary enters the Shark Tank, and more…
http://blog.123notary.com/?tag=shark-tank

Snapdocs’ Business Model doesn’t add up!
http://blog.123notary.com/?s=snapdocs

Notary Sexual Harassment Issues
http://blog.123notary.com/?p=19698

Compilation of posts about Notary themed restaurants such as Notary Italian Restaurant, Sam’s Notary BBQ, Notary Nook, Tandoori, Sushi, Tqaueria El Notario, Notary Starbucks, Wine Country Notary, and more…
http://blog.123notary.com/?p=17442

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July 28, 2018

Shark Tank: A signing company wants to sell shares on Shark Tank

Filed under: Humorous Posts — Tags: — admin @ 12:40 am

CONTESTANT: Hello Sharks, my name is Dave and I want to sell 50% of my company on Shark Tank. We are a signing company that caters to nationwide title companies. We get Notaries around the country to do signings for us, and then keep them waiting forever to get paid to improve upon our cash flow. There is nothing new or innovative about our business practices. It is similar to most other signing companies.

Mr. WONDERFUL: I have a great idea. Since you take forever to pay people who have done work for you, I’ll buy 50% of your business and then take forever to pay you for it.

CONTESTANT: Oh, well, I’m not sure I like that idea.

LORI: If you don’t like being treated that way, don’t treat others that way. What comes around goes around.

CONTESTANT: Well, that’s just the way our industry works. I don’t always get paid on time by title either.

LORI: As I was saying, refer to my last statement.

Mr. WONDERFUL: It seems like you are participating more in the bad karma business than the signing business. Maybe you should change your business model.

MARK: Yeah, perhaps you should pay people a day before they do the work and then they can keep you waiting indefinitely to actually do the work. That is how it is hiring programmers.

CONTESTANT: Please don’t bring up the “p” word.

LORI: The “p” word? Programmers? Why? Did you pay them and then they didn’t do their work? That is a business model for most programming companies in the industry who cater to small clients. That’s why I get an air-tight contract before I hire a programmer to even write a single line of code.

BARBARA: Sounds like you need a better business model. I’m out by the way. But, if you consider paying people upon proof of having finished service by having them fax you a few pages of the work, that might be a reasonable system for having work done and paid for quickly.

CONTESTANT: Yeah. The problem is that if I pay the Notary before I get paid by Title, I might just be out the money.

LORI: That’s a cost of doing business. Pay the Notary whatever you can afford after you calculate the percentage chance that you won’t get paid. At least you will still have good Notaries working for you in this case.

CONTESTANT: Okay. I’m out.

Mr. WONDERFUL: You can’t be out. You’re the contestant. By the way I’m out.

CONTESTANT: Well, it sounds like I’m not going to get paid on time which is why I’m out.

LORI: We could paypal you the funds right away.

CONTESTANT: But, funds can be reversed and the policies are wishy-washy for non-tangibles.

LORI: But, I don’t want anything to do with your type of business model paying people late and not being innovative. Why not a more cutting edge business model where Title is forced to pay within 72 hours of you paying the notary or you either cut them as a client or raise their rates accordingly. You could have the whole pay structure as part of an automated system.

CONTESTANT: Snapdocs is the only intelligent business model these days. The rest of us use technology from the 90’s.

Mr. WONDERFUL: It’s time to get with the times. I’m out. Ooops. I said that already. Oh, running out of time speaking of time. It’s time for our next contestant.

You might also like:

Shark Tank – notarizing in the shower for executives
http://blog.123notary.com/?p=20511

Shark Tank – Traffic freezer for Notaries
http://blog.123notary.com/?p=20509

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July 1, 2018

SnapDocs wants to sell shares on Shark Tank

Filed under: Humorous Posts — Tags: , — admin @ 12:38 am

Disclaimer – This article is purely for comedic purposes and I very much doubt that SnapDocs wants to sell its shares to Shark Tank.

CONTESTANT: Hello sharks. I would like to sell 50% of my business SnapDocs to you. We are an innovative platform where someone can hire a Notary, pay the notary, download documents, and look up reliability stats all using our convenient platform. We charge a fee that changes over time for using our services and looking up Notary information. We make “x” amount of money per transaction with a yearly profit of “y” dollars. We have been in business several years, so we are not brand new, but we are growing and are going to attempt to take 123notary’s market share as they are the leader of the notary advertising industry — so far…

Mr. WONDERFUL: Can you show us a little about how your features work?

CONTESTANT: Yes, you see you can share snapdocs with friends by using this feature here, We can get hard to get information on title companies which is valuable for attracting notaries using this other feature, and our best feature is the “Beat 123notary” feature.

LORI: How does the beat 123notary feature work, because I’m interested?

CONTESTANT: Umm. Awkward. That feature doesn’t seem to be working now, but programming is on it. We get more clicks than 123notary now, but only from people who don’t pay their notaries that well. 123notary keeps getting the good jobs.

Mr. WONDERUL: Maybe that is because they have better Notaries than you.

BARBARA: What good is having the best technology if you have the worst Notaries?

CONTESTANT: We’re trying to talk the best Notaries into working for the fees offered from those who use our site.

Mr. WONDERFUL: And how low are those fees?

CONTESTANT: (awkward pause) Um… Someone made $125 the other day.

LORI: The other day? How about in general?

CONTESTANT: Hmm. Let’s change the topic of the conversation. I would like to sell 20% for One Million.

MARK: Since you’re making money from this, and it is unclear whether 123notary will take your market share or whether or not you will take theirs, I will offer $100,000 for 20%.

CONTESTANT: $100,000? That is what we pay programming in several months.

LORI: I’m out, because it is too unpredictable, and it is not exciting enough.

BARBARA: I’d rather buy part of 123notary. They really scrutinize their Notaries which results in a better quality site, even though the Notaries are always complaining about being scrutinized.

LORI: 123notary is not for sale. Jeremy says it is his baby and he will never sell unless he is unable to care for it anymore.

Mr. WONDERFUL: Or runs out of baby formula. I’m out.

.

You might also like:

Shark Tank – Notarizing in the shower for executives
http://blog.123notary.com/?p=20511

A signing company wants to sell shares on Shark Tank
http://blog.123notary.com/?p=20817

Shark Tank – Traffic Freezer for Notaries
http://blog.123notary.com/?p=20509

A Notary goes on Shark Tank with Shazamdocs!
http://blog.123notary.com/?p=18943

Shark Tank – 123notary wants to sell 10% of its shares
http://blog.123notary.com/?p=16021

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June 29, 2018

Shark Tank — Notary Traffic Freezer for Notaries

Filed under: Sit-Coms — Tags: — admin @ 9:14 am

ANNOUNCER: Next into the tank is a way to make traveling a breeze.

ALICE: Hi Sharks, my name is Alice and I’m seeking one million dollars for 5% of my company.

ROBERT: Woah!

ALICE: How many times in traffic and thought, this isn’t a way to spend our precious time on earth! What if I could adjust the traffic around me and get to where I need to be! Well sharks, now you can. With Notary Traffic Freezer, you can get traffic to stop around you, and get traffic lights to always turn green when they sense you coming. You would have to get around on a motorbike so you could weave in and out of the stopped cars. It’s a little bit like being in an ambulance assuming people are obedient and pull over and stop.

Mr. WONDERFUL: That’s interesting, but right now in the Notary industry, Notary jobs are frozen and nobody’s getting paid on time. Maybe you should have a signing company check unfreezer, so the checks start coming in on time. Your product isn’t going to do any good until people start getting some jobs.

ALICE: Well, the economy could turn around any minute. And notaries who are seasoned pros, don’t have any trouble getting work.

ROBERT: I have trouble getting to work, can non-Notaries use this too?

LAURI: Isn’t that illegal to use space age technology to freeze the actions of people around you? It sounds like something aliens in space ships would do.

ALICE: That’s exactly where we got the technology from. They sold it to us in exchange for liking them on gallactic Facebook. I guess they are so advanced that they think this type of technology is cheap.

Mr. WONDERFUL: I think that you’re going to get arrested. But, other than that I like the idea. I’m out for legal reasons.

LAURI: I’m out too.

ROBERT: I’m out as well, but can you take me to your leader?

ALICE: I would, but Trump doesn’t like aliens. But, don’t worry, my alien friends are talking about returning in 314 earth years, so they’ll be back. And besides, if the cops come to arrest you, you can just freeze them and run away.

LAURI: That’s a very good point, but I’m still out, unless you’re going to beam me up.

ALICE: We are also working on a time machine where you can get to any GPS coordinate in real time or another time without freezing anyone.

LAURI: Well that fits into my schedule. Just set the coordinates to ten minutes ago, and I’ll get paid well if I’m getting paid by the hour. I like it. Let me know when (no pun intended with the when remark) you have your time machine ready.

ALICE: Okay, It’ll be ready yesterday! I’ll have to contact Zorbon about that though. I’m not sure if he’s as flexible about sharing his time technology, at least not this time.

.

You might also like:

Shark Tank – 123notary wants to sell 10% of its shares!
http://blog.123notary.com/?p=16021

Driving – Notary Ed similar to Driver’s Education
http://blog.123notary.com/?p=19132

Shark Tank — Self Driving Notary and other posts (popular string)
http://blog.123notary.com/?tag=shark-tank

The Towles Booth
http://blog.123notary.com/?p=9456

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March 24, 2017

Sharktank: Self-Driving Notary

Filed under: Best Humorous Posts,Sit-Coms — Tags: — admin @ 8:02 am

DO YOUR JOB OR YOU COULD SEE THIS ON SHARK TANK!

First into the tank is a notary who plans to eliminate the competition.

CONTESTANT: Hello, sharks. My name is Jesse and I’m seeking $200,000 for 10% of my company, Self-Notary! Imagine eliminating the hassle of human beings showing up late for signings. Of making fun of your driver’s license picture ID. Well imagine no more! Self-Notary brings the future of automated transportation to your doorstep! So sharks, who’s ready to sign… on the dotted line?

MR. WONDERFUL: You’re talking about putting your fellow workers out of business. I’m sure they’ll want to sign all right. Your death certificate! How does this job-robbing invention of yours work?

CONTESTANT: A self-driving notary vehicle shows up at the client’s door. The signer puts his ID in the slot, scans his document, signs the online journal, puts his money in the dollar feed, and the machine sends the document.

DAYMOND: How does it get an oil change if it’s driverless?

CONTESTANT: An automated mechanic drives out to change it.

MR. WONDERFUL: You’re valuing your company at two million dollars. I assume there are SALES to report about. At least there better be.

CONTESTANT: We’re in pre-launch.

MARK: Oh. brother. And you expect us to pre-pay before we even know if it works?

LORI: What does it cost you to make, and what does it cost the client?

CONTESTANT: $100,000 a unit. And it costs the client a fee per signature plus a travel fee.

MR. WONDERFUL: That’s terrible. That’s a big nothing-burger. The day I get my money back on a deal like this is the day I need a haircut – which I haven’t needed since I became BALD! I’m out.

DAYMOND: After the notarization is finished, does the driverless car give the client a flourless cake as a thank you gift?

CONTESTANT: No, but that’s a great idea! My wife is a terrible gardener. We could eat the cake in her flower-less garden.

DAYMOND: It was MY great idea! I’m out.

BARBARA: I’ve been watching your presentation, and I think you’re a lousy salesman.

CONTESTANT: Would you swear to that?

BARBARA: Yes. But you wouldn’t be a credible witness.

LORI: So are you in, Barbara, or are you out?

BARBARA: I’m gonna make him an offer.

MR. WONDERFUL: You’re insane. I forbid you from murdering innocent money like that.

BARBARA: I’ll give you half the money you want, but you’re gonna need a lot of my help. I want 20% and I want another shark to go in on the deal.

LORI: I’ll go in on that deal with you, Barbara. 20% each. I deal with notaries who show up late all the time. I think there’s a market for automated notaries. And the human ones they put out of business can learn from the embarrassment of it and beat the automated notaries at their own game by signing up with the best of them on 123notary.com.

MR. WONDERFUL: What is this, product placement?

LORI: I get a few extra bucks for it. They don’t call me a shark for nothing. You better sign up on 123notary.com before the automated notaries do.

MR. WONDERFUL: You did it again?

LORI: Cha-ching.

Just then, the shark’s worst nightmare rolled in before their eyes!

MR. WONDERFUL: What is that monstrosity?

CONTESTANT: Oh, that’s the other product I’m working on. That’s automated you, Mr. Wonderful! Self-driving Shark!

BARBARA: Looks just like him. Especially the chrome dome.

.

You might also like:

See our string of episodes of Notary Shark Tank
http://blog.123notary.com/?tag=shark-tank

See our string on posts about Snapdocs
http://blog.123notary.com/?tag=snapdocs

Startup Apps that could ruin the Notary business
http://blog.123notary.com/?p=16579

Apps that Notaries have never heard of that could change your life
http://blog.123notary.com/?p=16311

New Apps for the iPhone7 that you’ve never dreamed of
http://blog.123notary.com/?p=10977

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February 10, 2017

A Notary goes Public on Shark Tank with Shazamdocs!

First up into the tank: A way to keep records on how long companies take to send electronic documents.

NOTARY: Hi, Sharks. I’m Jeremy. And I’m asking for $200,000 for twenty percent of my company, Shazamdocs. Sharks, there’s one thing that matters in life more than looking as dapper as Mr. Wonderful here.

MR. WONDERFUL: He knows of what he speaks.

LAURIE: He’s kissing up and I’m throwing up.

MR. WONDERFUL: Hush. Grab a breath mint.

NOTARY: What matters in life, whether you’re sharks or whether you’re a notary, is knowing when you’ll be paid!

MR. WONDERFUL: You’re speaking my language, son. The language of luv… of money.

NOTARY: The database on Shazamdocs monitors how long companies take to send electronic documents, and… by virtue of our exclusive algorithms… computes the average amount of time it takes to get paid. No longer will you have to waste your precious time and resources hitching yourself to companies that drag their feet when it comes to upholding their end of the transactions.

DAYMOND: Feet dragging is a drag.

NOTARY: We’re like Yelp for notaries. With your help, sharks, we’ll get this in the homes of notaries throughout the country, and after that, the world! Who wants to show this notary their own seal… of approval?

ROBERT: You, yourself, said you’re like Yelp for notaries. There’s nothing proprietary about that.

NOTARY: I’ve applied for a utility patent.

CUBAN: You’ll never get it.

LAURIE: Mark.

CUBAN: What? He’s living a pipe dream. What’s to stop anybody from charting the records of companies to see how quickly they pay their bills?

NOTARY: Nobody does it like we do.

CUBAN: I’m out.

MR. WONDERUL: Ouch.

CUBAN: What about you, Kevin? You said the guy knows of what he speaks.

MR. WONDERFUL: That’s when he was complimenting my impossibly dapper qualities.

LAURIE: You got the impossibly part right.

ROBERT: What do you sell the program for and what are your sales?

NOTARY: I sell it with an annual subscription rate of 19.95. And we’re in pre-launch.

DAYMOND: Uh-oh. So you’ve made bupkis.

ROBERT: Daymond, I didn’t even know you were Jewish!

MR. WONDERFUL: I’ll make you an offer. I don’t know what you’re worth, I’m taking a heck of a risk, but I’ll go on the ride with you. There are plenty of notaries who need greater assurances they’ll get paid faster. But $200,000 at twenty percent assumes a value of a million dollars. You’re not there yet. I’ll give you the $200,000. But I want forty percent of the business.

CUBAN/DAYMOND/ROBERT: Oy.

LAURIE: You’re all Jewish now.

MR. WONDERFUL: I hear the other sharks flapping their gums, but I don’t hear anyone putting their money where their yappers are. I made you an offer, Jeremy. What do you say?

NOTARY: I appreciate the offer, Mr. Wonderful.

ROBERT: If I brought a notary in, would you swear to that?

NOTARY: But with all due respect, that’s giving up too much equity. I’d like to hear what the remaining sharks have to say.

LAURIE: As you know, Jeremy, as I’ve said many times on Shark Tank. I can tell when something’s a zero. And I can tell when something’s a hero. And this… is most definitely… a thirty. Better than zero, but nowhere near a hero. I’m out.

ROBERT: Laurie, you were toying with the man.

LAURIE: No, I wasn’t. I’m just being honest.

ROBERT: Well, Jeremy, I see nothing proprietary here. And I’m not a big notary guy. If I ever need you to witness something, I’ll be a customer. But I don’t see it as an investment. I’m out.

CUBAN: So that leaves Mr. Wonderful’s less than wonderful offer. And Mr.Daymond.

DAYMOND: I hate it when companies drag their feet before paying somebody what they’re owed, so I’m with you there.

JEREMY: Would you consider joining up with Mr. Wonderful?

DAYMOND: As much as it pains me to say it, I might do the deal with Kevin, if he’s up for it.

MR. WONDERFUL: I’d do that deal. But, Jeremy, you’d be getting two sharks.

JEREMY: Would the both of you consider the deal for… thirty percent equity?

DAYMOND: 100 K each at fifteen percent each? What do you think, Kevin?

MR. WONDERFUL: I’ll do it with one contingency. That we test the accuracy of your program on us. If your program can tell us how long it’ll be before we pay you the 200 K, I’m in.

DAYMOND: Me too.

JEREMY: Right away?

MR. WONDERFUL: Sorry. I would’ve paid you after hell freezes over.

DAYMOND: Me too.

MR. WONDERFUL/DAYMOND: I’m out!

.

You might also like:

See our string of posts about Notary Shark Tank
http://blog.123notary.com/?tag=shark-tank

See our string on posts about Snapdocs
http://blog.123notary.com/?tag=snapdocs

FASS has a brand new app
http://blog.123notary.com/?p=17477

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March 18, 2016

Shark Tank — 123notary wants to sell 10% of its shares!

123, IT’S SHARK TANK!

First into the tank is the inventor of a directory that will help notaries vastly improve their business.

JB: Hi, Sharks. My name is Jeremy Belmont. And I’m seeking an investment of $500,000 for 10% of my company, 123Notary.com. How many times have you needed a Notary public, and thought “Damn. Where can I find me a decent Notary Public?” Sharks, your searches are over. With 123Notary.com, we get the most serious customers, because we have the best quality notaries. We get 170,000 visits per month. That’s 170,000 more visits per month than Mr. Wonderful makes to the barber.

MR. WONDERFUL: I’d much rather see my money grow than hair.

ROBERT: So walk me through the business model, Jeremy.

JB: We use a lot of social media and search engines to gather up steam, to get good traffic, and we also keep the site well organized. Make sure people have good notary public note sections, reviews. We spend a lot of time making sure people improve their knowledge and pass their certification.

BARBARA: How is that different from other sites?

JB: They don’t put as much attention into the marketing and organization as we do.

LAURIE: Tell us a little about you. How did you get into this line of work?

JB: I started out by being a notary public.

MARK: Good for you, man.

JB: Starting from the ground up is okay as long as you don’t get ground up.

BARBARA: I get a good feeling from you, Jeremy, and I’m going to make you an offer. But I need a little more skin in the game.

MR. WONDERFUL: Hopefully not the skin around your neck.

BARBARA: I wasn’t talking to you, skinhead. I’ll offer you $500,000 for 20% of the company.

MR. WONDERFUL: Ouch. She just cut the value of your company in half.

JB: I appreciate your offer, but if you don’t mind, I’d like to respect the other sharks and hear if anyone else has an offer.

MARK: I like what you’re doing. I like that you started from the ground up. As you know, I own the Dallas Mavericks. And every time they swear to me they won’t blow a shot, I’d like them to swear in front of one of your top-notch notaries, so I’ll tell you what. I’ll go in with Barbara if she’ll have me.

BARBARA: I’ll have you, Mark.

MR. WONDERFUL: Gross.

MARK: 500 K, 20%. But you get two sharks. Ten percent each.

JB: Would you be willing to split the difference at 15%?

ROBERT: I’ll take that deal.

JB: Would you agree to take that deal by signing this paper I have one of our top notaries witness?

ROBERT: I’m out.

LAURIE: You never told us. Why do you need the money?

JB: I want to buy an office.

MR. WONDERFUL: Where are you working now, out of your car?

JB: No, I’m working at home. I want to get an office, so I can have my staff all under one roof. It’s hard to stay unified when you’re all working in separate places.

MR. WONDERFUL: You live in your car?

BARBARA: You’re so mean.

JB: I don’t want to rent an office, because I don’t like the fact you can’t open the windows. I want to be able to customize it to my own needs, which includes having windows that actually open. I have a hard time working without oxygen.

MR. WONDERFUL: That makes you an “airhead” for the right reasons. I’m fine with that. Well, Jeremy, I’ll make you an offer. I don’t want any equity. Zero. Zip.

MARK: Here it comes.

MR. WONDERFUL: I want a 2% royalty for every signing you make. And after I make six times my investment back – Poof. I’m gone.

JEREMY: Darn. You’re still here.

LAURIE/BARBARA/MARK: For that putdown alone, we’ll match your offer.

JEREMY: I’m about to say yes in… 1…2…3!

.

You might also like:

A string of all our Shark Tank Posts
http://blog.123notary.com/?tag=shark-tank

A Notary enters the Shark Tank
http://blog.123notary.com/?p=14088

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February 26, 2016

April 24, 2015

A Notary enters the Shark Tank

A NOTARY ENTERS THE SHARK TANK

ENTREPRENEUR: Hi, Sharks. My company is called Good Sign, and I’m seeking an investment of 2 million dollars for 15% of my company.

The sharks laugh derisively at the inflated value he’s assigning to his company.

ENTREPRENEUR: Good Sign will revolutionize the entire signing industry. We will hire notaries around the country and have their sign loans. There are many other companies out there doing exactly this. However, the quality of the work performed by these companies is either sloppy, or they micromanage their notaries to ensure proper work. Micromanaging, fax backs, and other annoying tactics are commonplace.

Our strategy is to keep a database of the track record of the notaries we hire. If they get through a certain amount of loans with no errors, we will eliminate the requirement of fax backs so they will be more willing to work for us in the future. Additionally, we could attract notaries who are favorable by paying them up front via paypal.com

ROBERT: This is an interesting business model. But, how do you intend to get contracts?

ENTREPRENEUR: In this business, we solicit Title companies. They always need hundreds of loans signed per month. We can offer them an affordable rate, and an even better rate if they give us volume.

BARBARA: What if the Title companies don’t pay you on time and the notaries who aren’t “favorable” as you put it want to get paid? Surely you won’t pay everybody up front.

ENTREPRENEUR: This is true. The really good notaries like Ken will be paid up front because he’s so knowledgeable. But, the other notaries will have to wait to get paid. But, worry not. Notaries are used to not getting paid on time. Some wait months. Some check the forums to see who pays on time while others don’t. There is an endless supply of new notaries who are too unseasoned to read the boards, and the minute they wise up, there will be another batch of suckers.

MARK CUBAN: I’m gonna clear the field here. That isn’t particularly ethical, but from what I hear of the other signing companies, they aren’t exactly a dream come true either. And for that reason… I’m out.

MR. WONDERFUL: Let’s get to your ridiculous valuation. You’re asking for 2 million dollars. You’re not a business yet. This is pie in the sky notion. And do you know what pies in the sky do? They fall down and land – splat – on your face. Only clowns are interested in pies in their faces… I’m out.

ENTREPRENEUR: This is a dog eat dog business, and we intend on being the biggest dog, dawg. All we need is $2,000,000 so we have salaries for our schedulers, marketing department and rent in a swanky part of town.

DAYMOND: I have a connection with Jeremy at123notary.com. And he tells me the signing companies who didn’t pay their notaries are mostly out of business by now. And the survivers who didn’t pay up are getting a lot of heat, and barely making it. It’s a dumb idea… I’m out.

ENTREPRENEUR: Well, our dumb idea is the same dumb idea that the other signing companies have.

BARBARA: Yes, exactly, and 80% of the ones that were in business in 2007 are out of business now! I’d be too scared to put my money into this, I’d never see it come back. You’re too early. But I will give you a little advice. Consider starting a signing company on a micro scale in your local area so you learn the ropes. Then, if your business model is superior to the others, come back and talk. But for now… I’m out.

ENTREPRENEUR: I accept your lack of an offer. However, I have one small request for you.

ROBERT: We’re listening

ENTREPRENEUR: Your statement of declining our offer, well, can you fax that back to me? I’ll need this 50 page form filled out and faxed to me. Think of it like a giant fax back request — like what we put the notaries through!

MR. WONDERFUL: You’re dead to me!

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