Tuesday, April 20, 2010

How i got into the time share business part 3

My job was to do to anything 4 people wanted from me; Mr. E, the lawyer, the c.pa. the real estate president, in order for them to fulfill their duties in a more efficient manner. my contribution was to politically navigate priorities without conflict and minimize those that arose

between them. They had just started what was to become one of the foremost and pioneering

time share companies in the western hemisphere. I was witness to a brilliant man and saw firsthand how he wheeled and dealed. He knew how to motivate people.

My first week on the job was routine: take money-give money, deliver stuff, make sure salesrooms were overflowing with liquor and chicken wings do odd jobs-entertain people.

run somewhere with a 20,000 bag of money so the world wouldnt blow up.

One friday the magnificent 4 tell me to stand at his desk like a statue. I walk in with the cpa

and we both stand like statues. He is very intent watching mr.e like he was going to perform brain surgery and i dont know why they want me to listen ,but the solemnity of it gave the occassion much importance. Mr. E looked at his watch (gold- diamonds) and placed an auto dialer in the phone-- for you kids out there---an auto dialer was a plastic card you inserted

individually into the phone and it would dial for you--wow! he had 6 properties in vacation spots

3 in hawaii- lake tahoe- vegas-spain- and one of the first in mexico, so he times the calls

as a done deal, woe the person one the other end who didnt have their act together-anyway

heres the calls verbatim -hello what do you have? and he would write it down with a stubby

pencil ,next call the same and so forth 6 offices and another 9 offsites around the U.S. no chit-chat no pleasantries straight to the point; hows miffy-muffy- none of that. all calls completed,

he would do some figuring and make one last call to a paper buyer (promissory notes) i have

200,000, how much? they would insult each other for a while and i never got to see the final

but he was selling it for 150,000 more or less. right then and there an aide to the cpa would bring in last weeks hard copies of the same as they were sent to hi. from all over. they wanted me to hear how serious this was, as the buyer and him did it in good faith. they were one week ahead of each other. Now my job was to race to the airport and put $100 in the hand of a commercial pilot and the 200,000 p.notes. who would give it to someone in seattle 6hrs. later.

on his word alone in good faith the buyer would deposit the 150.000 into his account right there and then. now he started writting checks from there. this took less than an hour all else was mundane, and clericals were left to the scribes. mr e now would go to michelles for lunch. what was funny was that time share buyers were still at the beach or on the very plane with their
p. notes in the pilots cabin, unaware of the high finance. I know some of you are smirking at
all this with your new fangled high falooting laser quick modern ways but this was 1978.
one time im talking with a pilot and ask whats up with that hangar across the way-there was an old quonset type hangar with a worn out dc6 or 7 with oil dripping out of the turboprops he said
these people want to start a cargo company called dhl they have that one plane, you might want to use them, are you kidding ill lose my job if i put that money on 100,000 parts flying in formation.

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