Re: Taking "The Plunge"

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Carol, how much do you make a year?
When many people (law school types) think comfortable, they are thinking
$60000 and up. Most solos do not make anywhere near that. There are to
many attorneys.
On 10/20/06, Carol wrote:
> On 10/20/06, Bindy "The Flying Onion" wrote:
>> It would be valuable if you described how she "set up a lucrative
>> title company." In fact, it would be valuable if any of the Instant
>> Solo Tycoons (IST) here or friends of ISTs would describe in detail
>> how they made it so big starting out. Never have and never will
>> because never have.
> OK, you're on. She started out by doing some title searches for
> attorneys that were too busy. How did she know who these attorneys
> were? She had friends in the real estate business who put her in touch
> with these attorneys. When she went to the courthouse, she was
> friendly to the courthouse personnel and put the word out that she was
> available for searches. She contacted mortgage companies, banks and
> other lending institutions (not the big ones with their own title
> department) and let them know she was available. she never turned
> down a job, did excellent work in a timely manner. Attorneys knew
> they could call her if they needed someone to run down to the
> courthouse that afternoon. She contacted classmates in other counties
> and found out who was doing title and real estate work in their area.
> she then contacted them when she had a title search outside her area.
> They reciprocated. Her business built, she continued to network with
> Realtors, lending institutions, builders putting up new subdivisions
> and with other attorneys. she worked her butt off until she had so
> much business that she had to hire help. After finally getting
> established, she was able to leave the title work to others and do
> what she was really interested in. Is that enough or do you want the
> logistics of a title company? BTW i never said she was an instant solo
> tycoon. I said she is doing quite well. to me that is making a
> comfortable living and paying your bills. I am making a comfortable
> living most of the time here. so are all of the other solo attorneys
> in the area. maybe you're so cynical because of where you live or
> because you didn't make it?
>