1013
9 min 9 sec

Loan Officer Increases Income With Signature Move

When a struggling loan officer meets a signing agent at his workplace, he discovers a simple side hustle that’s signed, sealed and delivered.
Niche Ideas Power of Observation Unique Ideas

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What It's About

A loan officer signs onto a notary-worthy side hustle.

Business Model
Service
Skills Required
Research
Complexity
Low
Profit Potential
Medium

Words of Wisdom

Jon started this side hustle in 2008 because he knew that having a day job just wasn't going to cut it. He wasn't built for a 9-5, and many people aren't. His parents always had a small business on top of their "jobs", and starting a side hustle was a way for him to keep that entrepreneurial spirit alive.

Fun Fact

Jon has done signings where there were pigs running around inside the house. He’s done signings where a parrot kept telling him to "shut the #$%@ up". He’s even gone out in hurricanes to do paperwork and has seen waterspout tornadoes. All in a day’s work for a Notary Signing Agent.

Notes from Chris

Episode 1013
Jon Snedeker had recently graduated college with seventy thousand dollars in student loan debt. The constant burden hanging over his head was awful. His job as a loan officer paid decently, but it was the very definition of the average 9-5 grind. It would take him years to earn enough to both support his lifestyle and pay off the massive bill he’d racked up for his education.

Jon knew that to knock out that debt as quickly as possible he’d need additional income. In other words, he needed a side hustle … so he was on the lookout for the right one.

Although he had the motivation and the goal, he wasn’t sure how to go about achieving it. All he knew for certain was that whatever he did had to fit a few important criteria. First, it would have to be done outside normal working hours. Second, it had to pay well to justify the extra work he’d be doing. Third, it should be interesting and fun.

Knowing what he was looking for helped Jon keep his eyes open for opportunities. And, funny enough, a suitable one walked right through the front door at his office job, during work hours no less.

As a loan officer, Jon helped people sort through and decide which loan and terms were best for them. It was a very bureaucratic process, and one that needed a lot of documents signed and notarized. In the business Jon worked at, there was one gentleman who came in, notarized all the signatures, and then delivered the documents where they needed to go.

Jon got to talking to him one day. He learned that being a notary signing agent could be a pretty lucrative gig, paying anywhere from seventy five to two hundred dollars per signing. On top of that, the work could often be done outside business hours and was very easy. In other words, it checked all the boxes for his dream side hustle. Jon was ready to sign on the dotted line.

At first, he would only commit to notarizing documents in between 6 and 8pm, after his day job was done. But, even with that restriction, it didn’t take long to get his first customer. He remembers it vividly because he was paid one hundred dollars for a half hours’ ‘work’—if you can call it that. He simply sat there and instructed two people on where to sign and date their loan documents. This first customer was a very good sign of things to come.

Over the coming months and years, Jon committed to turning his part-time project into his full-time gig. He figured, if he could earn over forty-five thousand per year it would be enough for him to quit work as a loan officer and become a full-time signing agent.

Depending on how much he works, which is completely up to him, he’s earned up to eighty five thousand dollars per year from his former side hustle, now full-time gig.

That success has produced a desire for Jon to pay it forward. He enjoys the job so much he’s created an online course called Notary Signing Agent Blueprint. It’s his way of helping people who are looking for a flexible side hustle no matter where they are on their journey in life.

Jon, we’re in, where do we sign?

 
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Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

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Resources

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Quote of the Day
"This side hustle has allowed me to support my parents, become full time, and now pay it forward to others. You serve yourself, through serving others."
—Jon Snedeker #SideHustleSchool

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To infinity and beyond,

Chris Guillebeau