Feb 15

Years ago, I was chopping wood for a barbeque. I wore sandals, and stupidly supported the wood with my foot.

Bang!

I chopped right into the tip of my front toe. The only thing that prevented me from cleaving the entire toe in half and limping for the rest of my life was my sandal.

Idiot.

At the emergency room, they injected directly into the quarter-inch wound before sewing it up. Ouch!

I no longer chop in the direction of my feet.

A New Respect Gained

I was preparing for a camping trip to Ponta Do Ouro in Mozambique in the summer of 1972. (Don’t go there now, unless you like the idea of landmines – you might lose more than a toe…) As I packed my VW minibus camper, I carried my snub-nosed .38 Astra Special revolver on a sleeping cushion. As I stepped up into the back door, the loaded gun slipped off the pillow, hit the bus’s floor, and went off.

Since the windows and other doors were closed and a bullet was definitely fired, it can only have passed between me and the inside of the one door – a very small space – a close miss, if ever there was one.

Stupid.

I learned an important lesson and gained a renewed respect for guns.

Limit Risk and Costs

I have met more conmen, shysters, and outright thieves in the past twelve years than I ever thought possible.

And with governments fast going the way of outright socialism and banks and the taxman collaborating to put the squeeze on business owners, we live in an increasingly  dangerous business world. It’s time to grow up and realize that we are at risk, and that we need to limit our risk.

Avoid it All Together

When I tell people to do business with no cost and no risk, I mean it.

I know a fellow with a giant ego and a small IQ who regularly sought to differ with me on this point. I have seen him lose a lot of money, since he doesn’t understand how to avoid risk and cost. If he did, he wouldn’t lose so much money in his harebrained schemes, or work with thieves.

Knowing how business works, and understanding the odds, the risks, and the fact that there are a few dishonest people around, makes it necessary, if one wishes to get rich, to avoid risk and costs.

It’s Easier Than it Seems

  1. Use leverage and existing resources instead of paying for new ones. Work strategically and don’t rely on any one source of income.
  2. Pay for results, not promises.
  3. Be VERY careful whom you associate / do business with. Remember that people can change for the worst – easily and quickly, so be prepared for that.
  4. When you smell a rat, RUN. Cut bait. Delete. Immediately.
  5. Test people in many ways to make sure they are still loyal and honest. Be a detective.
  6. Don’t disclose the identities of your Joint Venture partners.
  7. Triangulate deals – don’t sell your own products and services.
  8. Align yourself with people who share your philosophy – don’t link up with mystics, socialists, environmentalists, or reverse racists.
  9. Don’t trust government or work with government or their agents.
  10. Operate with no overhead – lean and mean. Expect the best and prepare for the worst. Spread your income and diversify.

Joint Ventures allow one to operate as above, and the older and wiser I get, the more I appreciate the power and sophistication offered by the Joint Venture systems I use.

If you’re carrying a gun, make sure it’s not pointed at you.

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Feb 10

The PBS television show I watched described how a couple in New York City closed their coffee shop because of the recession.

In some cases, closing down a business that is running at a loss is the right thing, however in many cases, a business can be saved instead of being closed down, especially if there are leases and penalties and further losses to be incurred by the closure.

There is a little-known way to redeem a business and move it back into profitability.

How can one turn a business around without incurring additional costs and risk?

Turning It Around with Joint Ventures

We’re talking about a blood transfusion here, not a brain transplant. But then it does take a different way of thinking to rectify this frightening situation.

“You’ve gotta know when you hold ‘em, know when to fold ‘em, know when to walk away, and know when to run” is right.

But it’s good to know that most entrepreneurs are unaware of the most valuable, lucrative option available to them – Joint Ventures. Thousands of businesses could be saved with Joint Ventures.

Leverage Your HIDDEN Assets

Instead of focusing on what is drowning us, like insufficient sales and customers, high overhead, bank loans, and so on, let’s focus on what we DO have:

  • hidden assets,
  • resources,
  • relationships,
  • credibility,
  • access,
  • a database,
  • inventory,
  • location,
  • a brain and a work ethic – these are qualities that are seldom found…

we have far more than we don’t have. We might be rowing our boat along with breaking back and blistered and bleeding hands, while we have access to a seventy horsepower outboard motor we’re not even aware of…

Create 100% Profit Without Cost or Risk

Business is not about selling more cups of overpriced coffee and muffins. It’s not about getting more customers. It’s not about increasing sales and cutting costs or feeling important – it’s about NET PROFIT.That is the true purpose of business: To make the maximum after-tax profit, as fast as possible, with the least cost, risk, time, effort, and frustration.

Joint Ventures allow one to leverage existing resources, access and leverage the resources of others, and create multiple additional income sources – fast – all at 100% profit, with no cost or risk, and little time.

Discover Your Existing Resources

How can the coffee shop owner leverage existing resources? He starts thinking about what OTHER people want – his customers, people who are not his customers, his vendors, his competition, the public, tourists… Then he starts solving problems – linking supply and demand, like a broker or middleman, and getting paid an ongoing commission on all the resulting sales. Zig Ziglar said,

“You can get anything you want out of life, if you’re prepared to help enough other people to get what they want.”

Enter Joint Ventures.

Create Income and Increase Value

The coffee shop owner can Joint Venture with the hair salon who is also in the financial doldrums. When a customer indicates an interest in buying jewelry, real estate, or finding a cab, Ka-ching! When his vendors need help with their problems, when someone is looking for a good printer or needs renovation services – all of these are income opportunities.

The coffee shop owner can use Gift Certificates to create income and increase value, work with tour guides and dentists, and set himself up as a go-to guy that gets stuff done.

He is literally surrounded by lucrative Joint Venture opportunities, and he’s right in the middle of New York City. He has the gold mine, and I have the shovel.

Reality Check on Small Business Joint Ventures

In fact, someone who really understands Joint Ventures would never open a coffee shop to begin with. But that’s why most of the owners of small and medium-sized businesses operate at about ten percent of their potential profit, and why they work too hard, too long, and risk too much, for far too little.

For more information on the power of Joint Ventures visit us at www.jvwidom.com, – we have solutions.

Feb 01

Few people have guts to tell it the way it is. Robert Kiyosaki, in this incredible video, says things like,

“Four things make 90% of the people poor: taxes, inflation, debt, retirement plans.”

And then he provides solutions. He says,

“America will become a third world nation – rich and poor. That’s it. Tell me something money does not affect. Most guys are just wimps. Pussies. Cowards. They don’t have it. so they should get a job. It takes discipline. Most people would like to have a great body like Charles Atlas, but they’re at Burger King wolfing down a Whopper with fries. I don’t know how you can expect to get anything you want without some degree of long-term commitment. Quitting is the easiest thing to do. That’s why most people don’t make it. Everybody has doubts and fear of failing. But look at Tiger Woods or any great athlete: when the going gets tough, that’s when they turn into geniuses and most people turn into wimps. Get off your butt. If you want to be a mechanic, you go hang out with mechanics. If you want to get rich, hang out with rich people.”

3 Things You Need to Succeess

When it comes down to it, you need three things to succeed in business:

  1. The RIGHT financial education.
  2. Connections with the right people.
  3. GUTS. The guts never to quit, make excuses, or run away.

Let’s talk about these three.

1. Financial education.

Kiyosaki points out in his four quadrants that you can be:

  • an employee (quadrant 1),
  • or a self-employed salesman / solopreneur (quadrant 2),

… and never get rich,

or you can be in quadrants three and four.

  • Quadrant three is big business (500 employees or more),
  • and quadrant four is having your money work for you.

Most people who don’t have money think it’s impossible to play in quadrants three and four, whereas DollarMakers shows you how to participate in big business through Joint Ventures and to make money from the investments of other people – anyone can do that. We don’t have money problems; we have thinking problems.

The rich get richer and the poor get poorer. Why? Because the rich keep doing the things that made them rich, and the poor keep doing the things that made them poor.

2. Connections with the right people.

DollarMakers has hundreds of Members, many of whom have a great understanding of Joint Ventures, in 19 countries – all looking to do a deal with you. And we FIRE dishonest people who don’t abide by our Code of Business Ethics. We are constantly weeding the moochers and posers out.

Winners will link you with winners, and losers will introduce you to their loser friends. We provide various platforms and options for connecting with the right people. We’re not a networking group full of broke wanna-be’s.

3. GUTS.

If you are a weak, politically correct, passive-aggressive, excuse-making wimp, don’t join DollarMakers. Our Members have to take full responsibility for their own success – we’re not socialists or quitters, and we don’t carry passengers or pamper parasites. We’re excited, determined, motivated, and disciplined. Our goal is to MAKE MONEY. That’s why we’re called DollarMakers.

If you’re serious about success and you’re tired of watching your wealth go down the drain, join DollarMakers. Right now.

Jan 29

Too many people have jumped aboard the Mediocrity Train and caught the viral Excusiologist Flu that came sweeping in with the recession.

Everything gets blamed on the recession, from halitosis and hiccups to oversleeping and body odor. People make excuses for lethargy, low sales, their dogs’ fleas, and failing to stop at traffic lights.

ENOUGH!

Contrary to what the media is feeding you, not everyone is suffering during this recession. And YOU don’t have to, either.

Moving Towards Success

How does one move from the apathetic, comatose, paralyzed, unconscious state of suspended animation so common to the sheeple, to one of frenzied, happy success?

How do we become like those bold and audacious, excited, and unstoppable winners?

What will it take to shift from being baffled and bewildered to fierce and fiery, irresistible and irrepressible? Is it even possible to become a manic money missile?

Taking Action

People make changes when the pain of staying where we are exceeds the pain of change.

We take action when we truly believe that we can achieve our exciting goals, and that peak is, indeed, attainable. And the more action we take, the easier it gets!

Here are a few simple steps that will make it easier for you to break the chains of frustration and limitation and enjoy the abundance that is available to all of us through Joint Ventures:

1.   Belief:

Build your belief with an authentic action plan and surround yourself with winners and achievers. And know WHY you insist on nothing less than success. Paul J. Meyer said,

“Whatever you vividly imagine, ardently desire, sincerely believe, and enthusiastically act upon, must inevitably come to pass.”

2.   Specifics:

Measurable, specific amounts and steps, like road signs along the way, are essential.

Your action plan is your Success GPS.

3.   Time:

By what exact date will you commit to achieving this specific goal?

Commit yourself publicly – put yourself on the line, so that there is a consequence to non-performance.

4.   Leverage on Yourself:

Be aware of the consequences on failing to achieve your goals. Remind yourself of the pain and suffering that comes with failure!

5.   Training and Support:

The more you learn, the more you will earn. DollarMakers provides superb training and support through our Membership, events, training, seminars, conference calls, and online information.

6.   Monitoring:

Monitor your progress daily. Adjust, tweak, and realign yourself like a guided missile. Confront issues, don’t get side-tracked, and only work with winners.

Communicate regularly with your team.

7.   Motivation:

Control your input and self-talk.

Only expose your mind to positive input that is aligned with your goals, values and beliefs.

Kick the losers and parasites out of your life, and design your information flow carefully. The best way to predict the future is to create it – your success won’t happen by accident.

8.   Celebration:

Celebrate small successes along the way. This builds self-esteem and belief and reinforces your commitment and self-confidence.

Jan 25

Entrepreneurs, more accurately termed “Solopreneurs”, often believe that they are an island, that they must accomplish everything on their own with their own resources.

These Solopreneurs think that they are maximizing their chance of survival and profitability.

They are totally WRONG.

Two Kinds of Business

Consider what Michael Gerber says in his world-famous book The E-Myth: Revisited

“Picture the typical entrepreneur and Herculean pictures come to mind: a man or woman standing alone, wind-blown against the elements, bravely defying insurmountable odds, climbing sheer faces of treacherous rock–all to realize the dream of creating a business of one’s own. The legend reeks of nobility, of lofty, extra-human efforts, of a prodigious commitment to larger-than-life ideals. Well, while there are such people, my experience tells me they are rare.” – Michael Gerber

I agree with Micheal Gerber that this image is absolutely absurd!

As long as you are a solopreneur, working on every facet of your business, you will be your business’ number one problem!!! As Gerber explains in his book, there are 2 kinds of businesses:

1) People-depedent businesses

2) Systems-dependent businesses

How do you know which one you are? Well, simply ask yourself this:

“If I (or anyone else in my company) were to leave my business for 6 months, would the business still exist when I came back?”

If you answer YES, then you have a systems-dependent business.

If NO, then you likely have a person-dependent business.

A System-Depentent Business

So what IS a systems-dependent business?

Consider this:

McDonald’s can deliver the exact same promise – the exact same food and customer experience – whether you are in Edmonton, Toronto, New York, or Kalamazoo. And it’s delivered by disinterested, teenage kids – some of the least qualified employees on the continent. And they do this BILLIONS of times every single year, at thousands and thousands of locations from sea-to-sea.

…and yet you can’t ever deliver that level of consistency to one set of customers of your one business, located in only one city or town. What’s the difference?

The difference is SYSTEMS. Your business depends on you (people-dependent) while McDonald’s depends on systems – the people can be swapped in and out.

On Your Own?

I will now ask you: why is it that you are taking care of making sales calls, balancing the books, dealing with inventory, answering calls, cooking, cleaning, and doing all of this ON YOUR OWN?

The true entrepreneur sets up a system, then delegates it.

Once that’s taken care of, then they create a system for another area of their business, and delegate that out. And they do this with every area of their business until they ARE able to walk away for 6 months or more.

Refocusing – The More Important Things

And the funny thing is that it is often the mundane, monotonous, pressing / urgent, and repetitive tasks that distract an aspiring entrepreneur from actually doing the “big-picture” items that will actually take their business to the next level.

Build a SYSTEM for these mundane, monotonous, and repetitive tasks, and DELEGATE. Then get re-focused on the MOST IMPORTANT things…

  • building your business,
  • learning new skills,
  • ideas,
  • and strategies,
  • and maybe even spend more time with your
    • kids,
    • spouse,
    • family,
    • and friends.

And What if You Don’t Own a Business?

Well, in your family life you likely DO have many mundane, repetitive tasks that take time away from being with your family.

  • Perhaps processing application forms for a charity you volunteer for.
  • Perhaps calling all of your relatives for the forthcoming family reunion.
  • Perhaps it’s really a pain for you to balance the family cheque book at the end of the month.
  • Or maybe it’s a hassle to always be coordinating the parents for Johnny’s soccer team.

Any of these items could be systemized and delegated.

So Many Routine and Mundane Tasks…

  1. WHAT IF you could get someone else to do any or all of this?
  2. Would that make you extremely happy?
  3. Would that give you more time to be with your family, kids, and friends?
  4. Would your life experience be better if you just didn’t have to deal with any of that boring, productivity-killing, repetitive brain-freeze?

Well, having your own Virtual Assistant (VA) may or may not be a fit for you. To find out if and how a VA would help you in your specific circumstance, contact Tina at 1-877-977-4776, or Info@SaveTimeBoostProfits.com to get a FREE 30-minute consultation.

Jan 22

Here are some real life illustrations for you:

Fake Leads

•   A long time ago, I attended a business networking meeting where only one person from every industry is allowed, (big red flag) and everyone is under pressure to give our leads / referrals every week. They actually COUNT the leads, and nobody gets a commission! Anyway, I received a LOT of fake leads, because people were too gutless to admit they didn’t have any leads to give out, and they feared losing their place in this group of broke, desperate, self-employed salespeople.

No Intention of Ever Co-operating

•   I asked someone to send out an e-mail to their database to promote one of my events a few years back. I “salted” their database (entered it anonymously, using a fake name and e-mail address) and the e-mails were never sent out. They didn‘t want to tell me that they never intended sending it out.

People Who Can’t Say “No”

•   People promise to show up at places, do things, make calls, promote stuff, attend meetings – and they never do – they offer weak, transparent excuses, because they can’t say “No”.

Sounds familiar, does it?

In our gutless, politically correct world of passive aggressive, anal-retentive, wanna-be entrepreneurs, it’s hard to find people who don’t fear “rejection” by simply saying, “NO.”

(It’s even harder to find people who actually do what they say before their laziness and stupidity overcomes them, but I digress).

So What’s the One Fear?

The one fear that will sabotage your business life more than most others is the fear of saying, “NO.”

You don’t have to explain and say, “NO – I don’t want to deal with you. BECAUSE

  • I don’t like you”
  • I don’t trust you”
  • Your offer is ludicrous and one-sided”
  • You’re an idiot”
  • You’re cheap”
  • You dress like a second-hand car salesman cum trailer park manager”
  • You stink of tobacco…”

Just say, “No, thanks, this is not for me – I don’t see a fit.”

Instead of wasting your time trying to make losers happy and justifying things, instead of trying to be popular with wankers.

Just, say, “NO.” You don’t have to explain.

The Frog Prince Analogy

You have to kiss a lot of frogs to find a prince. You can’t marry every frog because you’re afraid of “rejection”.

The more selective you are, the more distinct your criteria for accepting business offers is, the more sophisticated your approach, and the more successful you are, and the better known you are, the more offers you will have to reject, so get used to it.

So far, we have rejected 24 applications to our $20,000 DollarMakers Certified Business Mentor Training program, which meant we turned down and rejected $480,000 in sales. We are very proud of that. Few people would do that. But we see the big picture.

If the fit isn’t right, we say, “NO.” And everybody wins, because we’re honest.

Tell the Truth

Think of it this way:

“I am not in business to make other people happy, to build their egos, to be accepted and feel important, or to become popular. I am not here to please other people. I am in business to make the maximum amount of net profit with the least cost, risk, time, and effort, and I only work with people whom I like, trust, and respect. I don’t have to do anything, and I will tell the truth.”

Fearlessly, audaciously, courageously, tell the truth.

Your self-respect will increase as you discipline yourself to be honest, and, as a result, you will make more money, because we earn money in direct proportion to our self-esteem.

How can you even look at yourself in the mirror when you’re controlled by the whims and opinions of others, keeping up with the Joneses, and trying to impress losers?

Realize this: NOBODY CARES. Get real and get honest; say “NO.”

Consider What is Important

Here’s the good news:
It’s more important to be respected than to be liked.

People know that I don’t give a damn whether they like me or not, and I refuse to conform to this climate of slimy, politically correct, dishonest, back-stabbing hypocrisy.

I don’t care if the truth offends people or if they’re uncomfortable. And people know that they can trust me because of my approach.

The more selective and direct I become, the more money I make. It works. Try it. Thicken your skin.

Instead of “Got Milk?” how about, “Got GUTS?”

Jan 15

We were enjoying a BBQ in the back yard of his house outside Johannesburg, when my late friend and army buddy said something that has always stayed with me.

Kobus had been telling me how he got rich. And his statement at the very end of his story is one I will never forget.

After we left the army at the end of our conscription, he didn’t know what to do with himself, so he became a psychiatric nurse. I remembered it well – we use to have drunken parties at his apartment on the very grounds of the mental institution, and anyone who observed our intoxicated, wild antics have assumed we were patients.

Then he married a female nurse who turned out to be gay. Then he became a medical sales representative and did very well.

Getting Rich is Akin to Getting Physically Fit

While Kobus was a sales rep, he started a plastics company in his garage, making desktop penholders to sell to the doctors along with the drugs, then he manufactures basins and bathtubs, and then bought a women’s clothing store, and so on. We remained good friends and played squash and sailed together, and here we were reminiscing.

I asked him, “Koebs, when did you become a millionaire? It must have been a very exciting day for you!”

And here was his answer: “Rob, I didn’t even realize it when I became a millionaire – it sort of creeps up on you – money starts flowing naturally when you’re in the right head space.”

I later experienced the same thing, but the way he described the process of getting rich is akin to getting physically fit. Like the day when you suddenly realize you have just pedaled three kilometers without even realizing it, because you were so busy thinking about other things.

In the beginning, every turn of the pedal is a concerted effort, tiring, and even exhausting. But if you persevere, one day you realize that you’re finally fit.

Are You A Quitter?

Ninety-seven percent of people quit so easily that it would be laughable if it wasn’t so sad. There is such a dearth of self-respect, self-discipline, and self-esteem out there that it is frightening.

People seem to have got to a point where they have even less shame than manners. I would be mortified if I had to cancel a meeting at the last minute or show up late for an appointment, but most people hardly blink.

Winners are tough on themselves, and they will endure pain, blisters, rejection, and difficulty without complaining or making excuses, UNTIL they succeed.

Not As Scary as it Seems

One night, Kobus and I were camping in the bush after leaving the army. I had my dad’s .38 special snub-nosed revolver, and he was armed with a hunting knife. In the middle of the night, we heard someone approaching our tent.

I cocked the revolver, Kobus unsheathed his knife, and we sprang out of the tent to confront our attacker, who turned out to be a large frog that was hopping around and bumping our cooking utensils.

Often, the threats we perceive in business are not close to as scary and dangerous as we think they might be. There are scarier things out there.

The Measure of A Great Man

Kobus died a few years back, but I have wonderful memories of him as a man of character and substance – a real man, whether we were fighting for our lives in Angola in the army, doing business, or having fun. He was a man of his word who had my back, and men like him are few and far between.

Jan 13

Are you being sabotaged by your socialization?

Blocked by your beliefs?

Trashed by your training?

Flummoxed by your philosophy?

Ultimately, your beliefs are your means to justify and organize your behavior, and therefore control your life. So, how are you doing right now? Got a great life? Future bright, or slightly brittle?

Warning Signals

Some people are in a small boat without oars, accelerating towards the edge of a roaring waterfall, and they’re laughing it up, smoking their filthy cigarettes, and slapping each other on the back. Blissfully unaware.

Others amongst us are starting to realize that that roaring sound isn’t your mother-in-law applauding you for mowing the lawn and paying for her latest cruise.

We see the writing on the wall, and it’s not Shakespearian poetry.

Red lights are flashing wildly, sirens are screaming, and the warnings are all around us.

Beliefs and Philosophy

Your life, the people you mix with, your choices, and the circumstances that you have created are a clear and honest indication of your present beliefs and philosophy.

Change Starts Within

And it starts with a personal check-up from the neck up, a frank confrontation that asks,

“Is what I believe helping me or hurting me?”

Is it, indeed, time to realize that, if you believed what Robert Kiyosaki, Donald Trump, Ayn Rand and Napoleon Hill believed, your life would be a lot happier and you would have a lot of money? If you do, there’s a way to break free from where you are and change the direction of your life.

Five Simple Steps:

  1. Get the information you need from people who already have what you want. Stop listening to people who are even more screwed up than you are, like teachers, bankers, “consultants and coaches”, and academics.
  2. Remove the losers, socialists, posers, and parasites from your life, even if they are family or business associates – you can’t afford them, and you don’t need them.
  3. Find truly successful people to train you, guide you, mentor you, and confront your illusions and delusions. Take their advice and act on it. Adopt their philosophies.
  4. Create an action plan with specific, measurable, time-related steps.
  5. Work like crazy 24/7/365, and do whatever it takes UNTIL you are free from your chains and happy, healthy, and successful.

That’s what DollarMakers was created for. We are not politically correct, mediocre, compromising, or socialist. I tell it like it is, since the opinions of losers is of no interest or concern to me. And I lead by example.

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