Hard Workers
Some people work hard pumping water in the hot sun, filling buckets with it, and carrying it to another location, where they sell it to their customers.
They work too hard, they sell their time, they have very limited potential, and they are terrified of their competition. They are, essentially, controlled by their customers.
These are: the self-employed, broke salespeople / laborers who call themselves entrepreneurs.
Real Entrepreneurs
Others hire people to do the
- pumping,
- filling,
- carrying and selling,
so they create a real business, but they have lots of
- overhead,
- problems,
- limitations,
- and costs,
- and they are at risk, despite the fact that they earn more money.
Depending, of course, on the demand and their competition. These are real entrepreneurs.
Investors
The next level of intelligence brings us people who use other peoples’ money and bank loans to build a water pipeline.
They have very low costs and overhead, few employees, and far less limitations.
The Middleman
And then we find the Joint Venture Brokers, who
- make no investment,
- carry no overhead,
- have no limitations,
- are not at risk,
- and everything they earn is 100% profit.
They are intermediaries or middlemen, who simply link the water suppliers with the users and take a piece of the on-going action.
They create multiple Joint Ventures, which all run simultaneously.
They will use Joint Ventures and arrange numerous other products and services to be sold to the same people who buy the water.
Boost Your Profits
In a recent Tweet on Twitter, I urged people to watch this video, and encouraged them to stop playing at making money and start making it. Instead of silly seminars where they break arrows on their throats and walk on fire (tricks revealed in said video) for a short-lived, false high, they can learn how to use leverage to boost their profits and create wealth, whether they have businesses or not.
Think strategically, piggyback on existing distribution and access, and you will enjoy the time and money that results from brokering Joint Ventures. Work smart. Use your head, not your hands.