The low inventory demands also frees
up a lot of time, you don't have to hire
a supply clerk or assistant to keep
track of the supplies that you need
because they are very limited. You also
can keep an ample supply of the
materials you do use often on hand
without breaking the bank.
Low ad spend/High Demand
Yet another common reason small
businesses fail is due to poor or flat-
out ineffective advertising methods. Or,
similarly, not enough advertising
budget available for advertising
required. Most businesses require an
exorbitant amount of branding
expenditure to get the business
properly launched and running and
don't even really plan on making a
profit in the first couple of years.
But what if you are in a business that
is just simply in high demand? What if
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the general public really requires your
services on a regular basis? Well, you
certainly don't need to focus as much
effort on promotional gimmicks and
expenses as you are being actively
sought out for what you can provide.
We are very fortunate that we are in a
business niche that has an ample
supply of third-party vendors that are
constantly seeking us out for contract
jobs. We are also very fortunate that we
generate a lot of repeat customers (title
companies and the end client) because
of the relational nature of our service
industry. Quite simply, if people like
you they will use you repeatedly and
no real need to advertise to them. As
the saying goes "you're preaching to
the choir".
Interesting enough, of the various
common reasons that small businesses
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fail in the first few years just hardly
seem to apply to our unique niches. We
have an adequate repeat customer
base. Our services are affordable. Our
services are generally in high demand.
Low Time Expenditure & Fast Turn Around
This is probably by far the coolest
feature of our mobile notary business
niche (and the others that we will soon
be discussing). We just have a very fast
turnaround time for the amount of
money we can get paid per transaction.
When I, Mark, was working as a nurse,
a friend convinced me to take a per-
diem job in home care. This is basically
where you go deliver simple wound
care and such to patients at their
houses. Unfortunately, they typically
only pay about $50 for 30 to 45
minutes’ worth of your work. That
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didn't include the charting that you
would have to do after the fact either.
I don't know about you, but my
signing agent transactions are paying
me in a range between $75 up to $225.
Many of them I turn around in 15
minutes. My average time is about 30
minutes per closing. It's extremely rare
for a closing to take a full hour, and if it
does, I'm usually getting paid in the
upper pay range for it!
Plus, these signings are completely no
stress, especially when you compare it
to the field of Nursing.
Even the general mobile notary work
that we do is substantially lucrative.
We travel to a hospital to stamp some
POA papers for a client. Charge no less
than $75 and we are gone in 10
minutes!
These unique benefits will allow you
to use the money & time saved for
more important things, like using
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your notary business to springboard
yourself to bigger & better things.
The next few chapters are those
bigger things!
"If you are not willing to risk the
usual, you will have to settle for the
ordinary." -Jim Rohn
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The World of Credit Repair
The marketing potential is incredible.
There is close to 20% of the population
that have subprime credit scores. They
are in need of these services and
simply do not have the time, effort or
know-how to adequately address them.
As we have mentioned at other times,
attorneys have a knack for finding
lucrative opportunities. This is one
such service that you will find
attorneys offering to help people with
because it's lucrative and not that
complicated. To the general public and
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uninitiated, it seems like a difficult
task to tackle.
Aside from marketing yourself to the
general public, you can make your
services known and available to all of
the various lenders, loan officers, and
mortgage brokers you are in regular
contact with (there’s that cross selling
again!) If they've had a deal that goes
sour because of poor credit scores,
they'll be glad to refer their clients to
you because it inevitably means a
commission for them when you solve
the problem!
Any other industries that require a
solid credit score may also be viable
places to market your services. For
example, solar panel sales companies
offer their products to people with an
ideal interest rate for clients who have
a credit score of 650+. If one of their
clients falls below that score, they may
offer to pay for credit repair services on
their behalf if they sign a purchase
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agreement and agree to comply with
the credit counseling services
recommendations. You see the
potential here?
With a credit repair certification
course, you’ll learn the basic
principles and practices of credit
repair like:
What to dispute.
The credit bureaus’ stall tactics.
Practical tactics for going up against
them.
Important differences between
business models like the reoccuring
fee companies vs. charge per
services.
The Credit repair laws in your state &
the federal laws.
Document “Boiler Plates” that you
send to agencies that work very well.
A credit repair certification course can
also help you understand less
technical components of the industry
like how to teach credit repair to
others, and how to broadcast your
services to others so they can achieve
financial freedom.
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If you do decide to get a certification,
consider earning your credit repair
training from a reputable source, like
The Credit Consultant Association
(CCA). For as little as $60-$100 you
can be a Board-Certified Credit
Consultant And Certified Credit Score
Consultant.
You can charge a flat fee for initiation
of services up to $300 and a flat fee of
$50/ deletion of faulty reporting items.
You can also charge fees for general
advice and get monthly recurring fees
for enrolling them into software that
uses too many mechanisms to mention
here to help with maintaining credit
scores.
The CCA also has a directory that
your services will be listed in as a
recommended provider in your
service area.
“You have brains in your head.
You have feet in your shoes.You can steer
yourself any direction you choose”. -Dr. Seuss
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The world of
Fingerprinting
In some ways we sort of accidentally
stumbled onto the world of
fingerprinting. You see I, Mark, hold a
license as a registered nurse in the
state of Florida as well as multiple
insurance licenses. All of those
credentials require fingerprinting. You
see, on every occasion that I had to
have fingerprinting done I experienced
these things.
The scheduling was inconvenient. The
service was rather poor...meaning that
the staff wasn't at all personable. It
was also rather pricey, which in turn
means it was probably pretty lucrative
for the service provider. The service
also wasn't very complicated which
means that it didn't need to be time-
consuming on my end. It seemed to me
that the service provider was making
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me wait simply to convenience
themselves.
When we reflected on this unusual
series of events, a light bulb went on!
Winner, winner, chicken dinner! So we
did some investigating which
eventually lead to our business adding
fingerprinting services. We figured if we
offer fast, friendly, and mobile
fingerprinting, the competition doesn't
stand a chance.
You have several reasons & accrediting
bodies for fingerprints. Most people are
getting them as part of pre-employment
background screening. Those are
typically going to be channeled through
the FBI. Whoever the background
service is will have the cards returned
to them. This is a real simple process.
People who work in financial services
require fingerprints channeled through
their accrediting body called FINRA.
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But, the largest agency to use
fingerprinting for background is the
Florida Department of Law
Enforcement. All they require is that
they certify the device that you're using
which must be a Live Scan equipment.
You heard that correct, FDLE does not
use any ink cards. Only live scans sent
directly to them; however, they are a
very large and well-established
organization that will keep you busy
with fingerprinting. They also require
no special credentialing other than the
initial contract set up with them.
Basically, you can charge $50-150 for
your fingerprinting services depending
on several factors that we will be
discussing...like, what the market will
bear, and the nature of the
transaction. Specifically, is this going
to be mobile fingerprinting and is it
going to require Live Scan equipment
or just ink cards?
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In Florida, and for that matter, most
states there's no credentialing required
to roll fingerprints. You just simply
need to have the equipment and the
know-how or skill. So, how do you
acquire the skill and know-how? Well,
we did pay for it and took some
extensive training, however, it's not
necessary.
Let us preface that if you are doing
these wrong, they will get rejected and
your clients will probably not be repeat
clients and may demand a refund. So,
it's sound advice to practice and know
what you're doing.
You'll also want to know how to fill out
the card and the proper abbreviations
to use for demographics. You can visit
the NCIC U.S. Dept of Justice
Guidelines for fingerprinting
instructions.
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FBI Ink Cards
First, go-to Amazon and order some
FD-258 FBI ink fingerprinting cards.
You can order a whole kit, and even
mobile kits which will come with
some other essentials. Most come
with rolling ink, the cards, and card
placement holders. Believe it or not,
instructions for how to fill out the
fingerprint card and roll the prints
are actually on the back of the card.
You want to
practice on a few
of your friends to
make sure you
have the
technique down.
You can simply
watch several FBI FD-258 Ink Card
instructional videos on YouTube or
other internet sources to
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get the general idea of how to roll
prints. After you practice that a
dozen times, you'll have the hang of
it.
We charge $50 for two sets of ink
fingerprints. They only need one set
but we give them a backup set just in
case. Now if they're requesting mobile
fingerprinting (often the case) the fee is
$100 so long as they are within a 15-
mile radius of our office.
Once you are proficient, you can roll a
couple sets of fingerprints within 10 to
15 minutes. Not a bad way to make a
hundred bucks.
Couple of tips:
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With regards to ink fingerprinting
cards, we recommend using the newer
inkless ink that is less mess and easier
cleanup. We also recommend getting
something called ‘re-tabs’ which are
basically a type of sticker you can put
over one of the cards if you accidentally
smudge it or goof up a print. You are
only allowed to use one free tab per
card so if you mess up more than once
you have got to start over on another
card. Fortunately, the cards are
extremely inexpensive.
If someone has a missing finger, you
will want to write in that space on the
card ‘finger missing’.
You will sign the card as the person
performing the fingerprints and on the
back of the card you can impress your
notary seal, if that is required in your
municipality.
On our website
LegalDocPrepNotary.Com we have a
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series of useful PDF files that pertain
to fingerprint instructions or ryan
dossier codes as well as the acceptable
FBI abbreviations. Basically, just about
everything you need to know to get up
and started.
Live Scan
Live Scan is really just taking digital
fingerprints using specialized hardware
and software. What you need to know
is that their fingerprints are directly
uploaded or sent to the requesting
agency, be it FDLE, FINRA, or FBI.
This software and hardware do come
with the ability to be portable. Mobile
prices range anywhere from 2,000 to
$5,000. While this may seem like a
hefty investment, it does have its
advantages.
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For example, with Live Scan equipment
that has been certified by the Florida
Department of Law Enforcement, you
will be listed as a direct vendor with
them. Now, this does mean that you are
responsible for collecting the ORI fee in
advance for the fingerprinting. But
also, you are able to charge more for
Live Scan fingerprinting because special
equipment is involved. There aren't a
lot of places that are doing Live Scans
so you won't have a lot of competition.
Another nice thing about Live Scan is
that it's pretty much error-proof. The
equipment will tell you if you've done
the prints wrong and they're going to be
rejected.
The supplier and software vendor that
we have contracted with is a company
called Certifix. All I can say is we’ve
priced out a lot of companies and
software equipment and they seem to
be the best deal around for what we
needed. They loaded all the software
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and had the equipment ready to go for
$2,500. Complete turnkey. I had a
complete mobile kit that I could use.
They provide all the servicing and
updates and assisted with on-boarding
with the FDLE. Another perk we really
liked about Certifix is they also work
like a vendor on your behalf (think
signing company) as they will refer
business to you as well.
You will make more money per
fingerprinting, do them faster and have
a higher demand for Live Scan. We will
make a few suggestions before going
forward with that large purchase...
The advice is simple, start with using
ink cards as it costs practically nothing
and list your fingerprinting services on
your website & Google listings. When
you notice you are getting a lot of calls
and request for Live Scan and having
to turn them down, you'll know it's
time to get the device. We’d say if
you're turning down 5 Live Scan
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requests a week then it's time to get a
device.
Clientele
You can market your fingerprinting
services to school systems and colleges,
as many teachers and students as well
are required to have fingerprints. You
can also let your local police
departments know that you provide
them. A s many people come to the
police department looking to get
fingerprinting done. The police simply
don't have time for this. They will
gladly refer them to you.
You can market your services to
hospitals, as nearly every person
working in the healthcare profession is
required to have fingerprints. You may
want to reach out to the HR
departments as they will be no doubt
be recruiting nursing staff from other
states and even countries. They will
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need fingerprinting done to get their
license in the state that they operate
in. You can offer to come in and do the
fingerprinting in one session doing
numerous fingerprints at a time.
It's just as easy to simply list your
services in addition to your notary
services on your web pages and Google
listings. Your phone will ring, I'm
certain of it. There is enough of the
general public looking to have this kind
of stuff done and willing to pay you for
it.
While the list is exhaustive, let me give
you some examples of clientele:
teachers, child daycare centers, church
volunteers, anyone working in the
public-school systems pretty much,
chiropractors, but as I said before just
about anybody working in any health
care capacity. Lastly, a nice thing
about offering fingerprinting services
is there just aren't that many out there.
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Not a lot of competition. Which means
more business for you!
“Life Is Like Riding A Bicycle,
To Keep Your Balance, You
Must Keep Moving.” -Albert
Einstein
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The world of legal services
Attorneys have a knack for positioning
themselves in markets where they can
make a good income in return for
services rendered. Many times, these
aren't even services that they are
offering that are exclusive to an
attorney. Attorneys have ways of
finding good deals and finding out
where the money is. One tactic you can
employ is looking up several attorneys
in your area and examining what
various services they offer. They aren't
offering those services if there is no
money involved, let's just say that.
The next step would be to find out if
those services even require them to
have any sort of law degree to
participate in. Many services that can
be deemed legal services or are under
the umbrella of such don't require any
sort of legal degree or attorney to get
involved. That doesn't mean the
attorney isn't going to do a good job at
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that or that it isn't a good fit for their
business model by any means. But, it
does mean there's probably some
decent money to be made! So, let's
examine a few such instances that are
worth adding to your existing services.
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Legal Document Preparation Services
As the name of our business is Notary
& Legal Document Preparers, you no
doubt can imply that we prepare legal
documents.
In four states in the U.S. (California,
Arizona, Florida, and North Carolina)
non-lawyers can prepare certain legal
documents under what is known as
the “scrivener” exception. This allows
for not only preparing the forms but
also proving legal information. Note,
that they cannot provide direct legal
advice. The remaining 46 states of the
U.S. recognize the scrivener exception
but only allow it on a case-by-case
basis. For example, Nevada allows for
simplified divorce filings.
This type of service can go under a
variety of names, including:
Legal document preparer
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Legal document assistant
Online legal document provider
Legal document clerk
Legal Forms Preparation
Certified Legal Document Preparer
In California they have CALDA. The
California Association of Legal
Document Assistants.
In Florida we have a training &
certification body called FALDP.
That stands for the Florida
Association of Legal Document
Preparers. They offer valuable
training and membership which also
includes listings in their directory.
They hold annual membership
meetings as well as regular Zoom
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conferences to share ideas,
marketing concepts and what's new.
They place a special emphasis on
their document preparers
understanding the concept of
unauthorized practice of law. That is
UPL for short. They make sure that
document preparers have a thorough
understanding of what's acceptable
and what is unacceptable so that
you don't end up running into issues
with the Florida State Bar
Association.
Unlike a paralegal, legal
document assistants do not work
under the supervision of an
attorney.
Why are these legal document
preparation services so essential?
For people without ready access
to the legal system
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(and the requisite costs), legal
document preparation businesses
offer several valuable services,
including:
Greater, more affordable access
to the law.
Reduced caseload on attorneys
and court systems. Fulfilling a pressing
need.
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There are times when people
need simple, straightforward help
with family matters, filing forms
with a court, or forming a living
trust.
Both online legal document
preparation and in-person legal
document preparation services
are a more affordable option for
these types of cases.
As you might be realizing, there's a lot
of opportunity here in several ways.
For starters, if you are a remote online
notary, that is an easy upsell for
documents that you prepared for
somebody who is in another part of the
state. Your client can literally get the
documents they need in the notary
service they need without ever leaving
their home.
The other opportunity exists in that the
fees that they would be charged by an
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attorney are drastically different than
what you would charge, as you are not
giving legal advice, only providing the
forms required. Let me give you an
example of what we do:
A customer comes to us looking to
have a last will and testament, power
of attorney, or some other type of the
state document put together.
Typically, this bundle would cost them
over $2,000 at an estate law firm. They
know this, and we know this. That's
why they have called us. For us to
produce these documents with the
information they requested on them
can be done in an hour's time. The fee
could be $300 to $500.
They could just purchase the
boilerplate documents from a site that
offers them and prepare them
themselves, however, for most people
they are too wordy and confusing.
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Either way, they will need to find a
notary to notarize these forms as well.
But, for those of us who work in the
notary world and see legal documents
and real estate documents of all kinds
all day long, it's no task to sort through
the clutter. Herein lies the opportunity!
Another example is divorce filings in
Florida. The majority of these will end
up in mediation, and the court systems
would rather try to come to a quick
settlement rather than a drawn-out
suit. All the steps and procedures for e-
filing dissolution of marriage is
available on the Florida Courts
website. The average person will look at
these instructions and requirements
and quickly give up. We can charge
them $350, and it will take about two
hours of our time to get everything
done the way the courts need it. This is
a good deal for them because the
average retainer in divorce filing in
Florida is about $5,000.
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While we could provide many more
examples of how the field of Legal
Document Preparation is a virtual gold
mine, it's ultimately up to you to decide
if it's an industry you are interested in
or is even applicable based on the
governing laws where you are located.
We just so happen to operate out of the
great state of Florida where this is a
great opportunity to take advantage of!
It's also up to you to find out if
there's a specific field that you are most
passionate about. For example, the
founder of FALDP only likes to do
probation cases and record
expungement assistance. Whereas we
are more passionate about helping
people with setting up wills and
matters of estate. We highly
recommend training and professional
membership with FALDP. The
credentialing will improve marketing
ability, and the training they provide is
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invaluable. Not to mention all members
are listed in FALDP’s directory.
We don't just limit our services to
preparing the documents, we also have
set up our site to allow customers to
just simply download the template
forms as well. Don't leave money on
the table!
Mediation & Arbitration
Mediation and arbitration are forms of
dispute resolution where litigating
parties meet in confidentiality with a
neutral third party to try to come to
some solution. Many court systems are
backlogged with litigations of all kinds,
and this is one such method of
reducing the burden.
Most often what happens is the court
orders mediation and appoints or
rather designates one from the list of
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mediators they have on their roster. In
some instances, people may seek to
hire a mediator themselves before even
going before a court or judicial system.
Either way, the average billable hour for
a mediator is approximately $200. The
average mediation session is about
three hours. If a judge is ordering
mediation, the mediator's fee is
wrapped into the court cost. It's worth
mentioning that whether the parties
come to an agreement has no effect on
your fee or pay. You show up and do
the job you're supposed to and still get
paid.
To be a mediator typically doesn't
require any formal education, just very
little formal education. The
requirements really depend on the
locale. Here in Florida, certified
mediator training is done in less than a
week and in many cases done virtually
(from home). Of the several courses
that I've looked at, the average cost is
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about $500. In the State of Florida,
they literally have a 'how to get
started as a mediator' packet that
explains every step needed.
You can also get appointed to multiple
courts, and multiple municipalities if
so desired. Mediators are used in
everything from family court to small-
claims court all the way to Supreme
Court.
The same general concept applies to
court-appointed arbitrators. But we
want to talk about FINRA arbitrators
because it pays better, costs nothing,
and is easier to get started in. The
Financial Industry Regulatory
Authority (FINRA), the same one that
requires fingerprinting for financial
advisors (see where curiosity will line
your pocket?) handles all dispute
resolution internally. They contract
with their own appointed arbitrators to
settle disputes.
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They provide all the training online
right through their own portal as well
as application and designating
locations near you where you would be
contacted to assist with settling
disputes. No real special requirements
are needed to be a FINRA arbitrator.
They typically pay between $600 to
$800 per day! With such easy entry,
this is a good idea for anyone with a
flexible schedule to get on their roster as
an arbitrator.
“There Are Three Ways To Success,
the First Is To be Kind. The Second
Is To Be Kind. The Third Is Also To
Be Kind.” -Mister Rodgers
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The World Of
Taxes
Most people cringe when they here
tax preparation. This is where the
opportunity lies though, you see
nobody likes to do taxes, that's why
they put them off and pay somebody
else to do them. But here's the secret,
the software that's available in 2022
does practically all the work for you!
Your job at the entry level is just data
entry into that software from
questionnaires that you give your
clients.
There are several levels of tax services
you can offer. Basically, the higher up
in credentialing you , the more money
you can make. We will go into the
breakdown of them. The first step is to
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become a tax preparer. This will
require you to get a PTIN (Preparer Tax
Identification Number). We will go into
more about a little in a little bit.
Also, we need to mention here that the
tax filing that is done electronically
knows no bounds. That means that
while I'm sitting here in Port Orange
Florida, I can be doing the taxes for a
family in Ohio. That is correct! They
even have web applications our clients
can download to plug in their W2s,
1099, or whatever tax forms they have.
When we get the information back, we
go to work. We’re recording their taxes;
we’re going to show them the final
proposal and they e-sign it. Then we E-
file the taxes!
This deal gets even sweeter... they
don't have to pay me upfront. If they
have a tax return coming, which the
majority of families that file simple
1040 forum do, we can arrange it to
where we get paid on the back end.
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How easy is it to offer and sell a
service that the payment is
guaranteed, without any worry?
Many Americans qualify for what is
known as earned income credit. This
demographic of clientele is excited for a
tax return. They are ready to file as
soon as they get W-2s. Here's what you
can do for them:
With the software service providers
that you connect with, you can offer
cash advances and print them a check
right in your office or give them a debit
card with an advance balance on it!
These people will love you and they will
come back to you year-in and year-out.
We’re still not done yet with just the
basic PTIN tax filing. Check this out...
the software allows you to hire
assistance to do data entry for you for
a small charge. If they are also a PTIN
filer they can go ahead and do the
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whole return for you, basically as a
subcontractor. Remotely! Just barter a
cut of the filing fee you will pay them.
You can have somebody working for
you that you never actually meet.
Now you may be thinking, ‘what if I
botch the tax forms?’ Well, then we
need to tell you that the service that
you are partnering with will be able to
issue the checks and e-file also double
check your filings. That's just another
reason why they're charging a
percentage of the fee you take. They
are paying CPAs on the back end
double-check your work.
PTIN
To become a tax preparer, you simply
go to the IRS website and request what
is called a PTIN number.
A Preparer Tax Identification
Number (PTIN) is a number issued by
the IRS to paid tax return preparers. It
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is used as the tax return preparer's
identification number and, when
applicable, must be placed in the Paid
Preparer section of a tax return that
the tax return preparer prepared for
compensation.
This will cost you a whopping $40. The
next step is simply to partner with one
of the many software companies who
will take a percentage of your fee for
allowing you to use their systems and
get your business listing on Google or
shared by word of mouth.
We charge $200 and up for simple
individual tax returns that can be
prepared remotely with the information
supplied and electronically filed, pretty
much all done remotely in 15 to 20
minutes.
You can build up a clientele during the
tax filing season over time. Some of
these software firms will even help you
market your services and get the word
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out! It's well known that a tax preparer
can work just a part-time season and
make an annual income! With a decent
amount of clientele and marketing
anywhere from 20k-50k is not
uncommon just in the January to April
season.
As a PTIN holder you can get your
contact info listed in IRS database to
be searched in your area of residence.
Nothing like free listings!
EFIN
The next level is an Electronic Filing
Identification Number (EFIN).
An EFIN is a number issued by the IRS
to individuals or firms that have been
approved as Authorized IRS e-file
providers. After providers complete
their e-File applications, the IRS sends
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an acceptance letter with the EFIN
included.
Once you have submitted your
application to become an Authorized
e- File Provider, you will need to send
a fingerprint set to the IRS so they can
administer a suitability check. This
may include a credit check, a criminal
background check, a tax compliance
check, and a check for any previous
non-compliance with IRS e-File
requirements.
Now, many tax preparation software
providers will let you use their EFIN, so
it's not incredibly urgent that you get
one to start making money with this.
You will also need to submit
fingerprints to the IRS...
Enrolled agent
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At the apex of the tax world is what is
known as an IRS Enrolled Agent (EA).
An enrolled agent is a person who has
earned the privilege of representing
taxpayers before the Internal Revenue
Service by either passing a three-part
comprehensive IRS test covering
individual and business tax returns or
through experience as a former IRS
employee.
An EA is also technically a tax advisor,
who is a federally-authorized tax
practitioner empowered by the U.S.
Department of Treasury. Enrolled
Agents represent taxpayers before the
IRS for tax issues that include audits,
collections, and appeals. Enrolled
Agent status is the highest credential
awarded by the IRS.
Enrolled agents advise, represent, and
prepare tax returns for individuals,
partnerships, corporations, estates,
trusts, and any entities with tax-
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reporting requirements. Enrolled
agent’s expertise in the continually
changing field of taxation enables them to effectively
represent taxpayers at all administrative levels
within the IRS.
Did you get that last part? The IRS &
Federal law recognizes no difference
between an EA and a Tax Attorney with
a law degree & bar card! The EA
credential is also recognized across all
states in the USA.
Enrolled Agents are also exempt from
many of the state fees, registration and
testing requirements imposed on Tax
Return Preparers.
As weird as this may seem, becoming
an enrolled agent training only cost
between $400-$650, and training and
a thorough understanding of IRS tax
code and regulations with a good
program can be learned in a month if
you are dedicated.
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As a Tax Advisor that can advise
corporations and prepare taxes on all
levels there's really no limit to what
you can charge! Get a few high-end
clientele under your belt and you will
be off to a very good start. I have a
friend who is a self-employed EA and
makes over $500,0000 per year!
As an EA will also have your contact
info listed in IRS database to be
searched in your area of residence!
“Step Out Of Your Comfort Zone. You
Can Only Grow If You Are Willing To
Feel Awkward Trying To Do
Something New.”
-Brian Tracy
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The World of Coaching
Coaching & Mentoring Services
Coaching is a relatively new endeavor
for us. We should say it's new at the
purposefully marketable level. We kind
of stumbled into this like some of the
other great
income
opportunities
that we have
laid out. Don't
get me wrong,
some of them
we were
actively searching for adjacent
business models to expand. Coaching
and some of the others we just kind of
fell into.
In our travels conducting real estate
closings and other notary work, we get
to meet a lot of people. Some people
expand your horizons and show
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you a w h o l e n e w world. Some people
want you to expand their horizons and
we them a whole new world! For a
while, we had many requests from
people to teach them exactly what it was
we did and how we were able to break
into the market.
Almost everyone we met was
fascinated that we started this business,
and it became successful. For longer
than we really should have, we just
brushed them off. Talk about leaving
money on the table…
For a solid year, we would meet people.
Sit down with them and tell them
exactly how we started our business
and gave them our vast list of
vendors/title companies. We are STILL
in touch with these people, we have
become friends with them and love
them like family. We continue to pray
for their business. Most of these sit
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downs and talks lasted hours. You can
imagine that our time spent doing this
hit us like lightning on what we were to
do next!!
After lots of prayer and thoughtful
planning, we decided to systematize
and streamline the process. We put
down a concrete coaching program in
place with a design, a curriculum and
a structured schedule. We decided to
tell the world about it!
What we decided to do initially w a s a
one-on-one Zoom Consulting Session
where we teach a turnkey process for
starting a mobile notary business. We
charge $997 (as of this writing) per
session with legitimate follow-up calls
to monitor progress. We designed our
program this way because we felt this
was exactly what other programs were
lacking that were on the market. We
start people off with a free strategy call
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to determine if they are a good fit. No
sense in wasting everyone’s time or
money. Right?
People may want you to mentor them
for free, but the truth is, nothing in
this world that is o f value is free.
Anything of value cost. As you can see
throughout this book, all the different
opportunities we layout and how
lucrative they are, this means that our
time simply has a value to it. We are
worth an average of $200 to $400 an
hour with the existing services we
provide in the marketplace.
Despite the people that would like a
discounted or free coaching session,
the reality is, there is no shortage of
people who are serious about
retaining our services and paying our
fees. This has been an extremely viable
endeavor for us to get into! My only
regret is that we didn't do it
sooner...but, as it says in Ecclesiastes
"There is a time and a season to every
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