SHARK TANKS, NO TANKS
ANNOUNCER: First in the Shark Tank… a signing company that makes sure the notary is paid!
CONTESTANT: Hi, Sharks, My name is Ernest Jones. And I’m here seeking $100,000 for 20% of my company, “Notary Escrow Pal” How many times have you asked yourselves, “Why is it so hard for a notary to get paid on time?”
MR. WONDERFUL: All the time – NOT.
ROBERT: Kevin, let the man speak.
CONTESTANT: Notary Escrow Pal pays you ahead of time before you do anything…
ROBERT: It’s basically a notary escrow account?
CONTESTANT: It makes the signing company put the money in an escrow account, but the funds won’t be released till the signing agent has inputted the Fed Ex tracking number of the return package into the Fed Ex computer system.
MARK CUBAN: Can you tell us about your sales?
CONTESTANT: Five hundred signings a day. Two dollars commission each signing. Ten thousand dollars a day. In a year, we’re projecting two million a year.
MARK CUBAN: Good for you.
MR. WONDERFUL: Now that we can return to planet earth… Nobody’s gonna use your stupid system. It’s much easier for the signing companies to just keep ripping notaries off like they’ve always done.
CONTESTANT: If the notaries know they’ll get paid, they’ll willingly work for less. So you can actually save a lot of money.
LAURIE: I like this idea. So here’s my offer: I’ll offer you the 100 K, but it’s gonna take a lot of effort on my part. And I want 40% of the company.
MR. WONDERFUL: Ouch.
CONTESTANT: Can you put it in Escrow Pal, pal?
ROBERT: Very funny! Ernest, I’ll clear the field here. I’m not a big notary guy. The only thing I’m signing is… out. Sorry.
CONTESTANT: Thanks, Robert.
MR. WONDERFUL: What are you thanking him for?
ROBERT: He’s courteous, Kevin. Try it sometime.
CONTESTANT: Laurie, thank you for your offer. Would you be willing to go down to… 30%?
BARBARA: I would.
MR. WONDERFUL: Wwoh.
BARBARA: But I’d only do it on this contingency – you change the name. Escrow Pal, to me, sounds a little too cute.
MR. WONDERFUL: Something you’ll never be.
BARBARA: Same goes for that cue ball you call your head.
MR. WONDERFUL: Here’s my advice, Ernest… You take your idea outside behind the barn, shoot it and put it out of its misery. I’m out.
CONTESTANT: Barbara, would you be willing to join up with Laurie?
BARBARA/LAURIE: Sure.
MARK: You haven’t heard my offer yet!
CONTESTANT: I’m sorry, Mark.
MARK: Same deal. I’ll do twenty-five percent. Under one condition…
CONTESTANT: Yes?
MARK: Next time I sign a Dallas Maverick, will you certify the paperwork?
CONTESTANT: Done!
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Shark Tank — 123notary wants to sell 10% of its shares!
http://blog.123notary.com/?p=16021
A Notary enters the Shark Tank
http://blog.123notary.com/?p=14088
How do you prove your knowledge as a signing agent?
http://blog.123notary.com/?p=14142
CONTESTANT: If the notaries know they’ll get paid, they’ll willingly work for less. So you can actually save a lot of money.
Did He really just say that?? We are trying to get paid for what we are owed as a notary, period, THEN get paid for our time, mobile services, etc. I keep every email from every company I work with. I have documentation of the job and even names of those persons who I’ve dealt with from each title company. I’ll hunt somebody down if I don’t get paid. I’ve negotiated pricing for jobs if a certain title company that is difficult to work with is involved. I haven’t been doing the NSA stuff long, but I’m not about to be taken advantage of or accused of something or even seen as “willing to work for less.” I’ll get paid one way or another or I’ll see you in court. Nice to know these Shark Tank big wigs think so little of our services…that they have to depend on everyday… This is one app I won’t be downloading.
Comment by Patricia Morton — May 26, 2020 @ 3:00 pm