I was recently asked why I was so passionate about Joint Ventures. Here is why:

Money is the lifeblood of a free, capitalist society. Joint Ventures offer people who have no savings, little education and no connections or business background, the opportunity to make money quickly and build multiple streams of passive income. Joint Ventures is a tool:

• to create wealth and freedom.
• to help small businesses survive and flourish.
• to build strong relationships between good entrepreneurs.
• to allow people to regain their dignity and self respect through the ability to be paid what they’re really worth.

A Tremendous Opportunity for All

Joint Ventures are a business opportunity in itself – it is the great liberator. Anyone can learn how to use Joint Ventures to create financial independence.

• Students who finish college and still can’t find a job,
• Seniors who can’t survive on their pensions,
• Immigrants who face xenophobic attitudes in their new countries,
• Good people who are downsized and people whose educational qualifications are no longer deemed sufficient by bureaucrats…

… can all grab Joint Ventures as a drowning man in a turbulent and dangerous ocean would grab a lifebelt.

Quashing Desperation & Instilling Prosperity

Crime, drug dealers and terrorism needs poverty and desperation in order to flourish. By helping people to create their own financial independence through the understanding and application of Joint Ventures, we can save marriages and lives and our society. The only people who claim that money is not important are those who don’t have any.

People can make good money with no risk, no overhead and no previous experience or education, and they can do so very fast. Our one day, Joint Venture Broker Bootcamps teach people in one day how to start making money the very next day, with no capital investment, regardless of age or gender. It’s almost miraculous how powerful this concept is. That’s why all the large businesses use them.

Real Security

Joint Ventures also give us security – we can earn money even if we can’t work through illness or other reasons, because that is the nature of a good Joint Venture. This is the solution so many people seek, yet they don’t even know it exists. I want to tell people all over the world that they can create financial freedom through Joint Ventures. With Joint Ventures, we don’t put all our eggs in one basket and we don’t give someone else power over us. We can be independent and proud and free.

I love Joint Ventures and I love teaching others about this amazing business tool.  I strongly suggest you watch the following video on the home page of www.jvwisdom.com.

Many Coaches and Consultants experience the “feast or famine, chicken or feathers” ups and downs in income - they’re either out there selling, or they’re delivering. In addition tp the resulting yo-yo income, they have to deal with:

• Either busy times or quiet times.
• Increasing competition.
• Because they’re selling time, they have limited income earning capacity.
• Many clients regard the consulting or coaching service as a luxury that can be terminated as soon as cash flows get tight.
• The popular perception of coaches and consultants leaves a lot to be desired, which is quite understandable, given the fact that many who use this label are about as valuable as a rotten peach on a busy sidewalk.

How do I know this? I was a consultant for eighteen years. And I’ve specialized in Joint Ventures for small and medium businesses for twenty two years.

The Obvious Solution

The solution to increasing your coaching or consulting business as well as income from other sources, while at the same time differentiating yourself from the herd, is Joint Ventures. It’s a great fit and a great complement to any coach or consultant’s business. Use your insight and communication skills to create lucrative JV’s. Have the money and the time to enjoy it, as well as the luxury not to rely on your income from consulting or coaching.

This is exactly what I did. I no longer sell my time as a consultant, but this information has worked for me for twenty two years and it will work for you.

3 Obstacles Holding You Up…

1. First, understand that you do not have a 100% profit margin, which you do have from Joint Ventures.
2. Second, know that you cannot possibly be all things to all men.
3. Third is the hardest – getting rid of that giant ego. I think ego is the enemy of coaches and consultants. Business is not about sales or being well known – it’s about bottom line, after tax PROFIT.

… And 3 Strengths You Have to Turn It Around

1. You have the ability to cut through the BS and guide and direct people.
2. You can gain their trust.
3. You are a good communicator and you have an understanding of business and human nature.

These are very powerful skills and tools in the hands of a Joint Venture Broker.

Don’t Push. Find a need and meet it.

If my doctor called me last week and informed me that he had a great deal on heart bypasses, I would get worried. Instead, he examines me and points me in the direction of a solution or relief. That’s real business. “Find a need and meet it.”

In a room of 20 “Business Networking” people, not everyone wants a coach. But they all have needs, hopes and dreams. If you’re there to make money by helping people, why not simply link these people, be they clients or prospects, with the solution to their needs and get paid for it? When they want a new house, why try to sell them coaching, instead of introducing them to a good Realtor and getting paid 20 – 50% of her commission? Easy money, no time, no risk, 100% margin. Think about it.

Triangulating JV Deals

Business consultants can make a lot more from triangulating JV deals than selling their time. Become a “Toll Gate” – something like Bill Gates. Create solutions that pay you well. Leverage other peoples’ time, resources, money and access. Something like Ari Onassis. Think about that!

When you ask the right Joint Venture questions, you open the vault to riches. People like to talk about themselves, their goals and their problems. When we help them make their dreams come true and offer solutions for their problems, we all win and everyone makes money.

5 Possible Power-packed Joint Venture Approaches

Savvy Joint Venture Brokers know that it’s all about the right approach. Here are five powerful approaches that you can use, today, to make real money, real fast.

1. What do I have to create, bring to you or offer you in order for you to write me a check for $2,000 per month / $10,000?
2. What do you want, more than anything else, in your life and your business, and why?
3. If I was to bring you business and customers that you don’t have and would not have had, what percentage of the gross sales would you offer me?
4. If I could show you how to make money from your existing resources, with no cost or risk to yourself and without any time spent, would you share the resulting profits with me?
5. If I could double the amount of people in your restaurant, given that you have a 32% food cost and all your overheads and fixed costs are already covered, would you pay me 20% of every bill I generated?

If you help other people to get what they want, you will get what you want. And by asking the right, open-ended questions and being honestly interested in the other person, you find out what they want. And when someone responds negatively or offers a meager commission, simply walk away – the world is your oyster and there are unlimited Joint Venture opportunities out there.

5 Ideal Parameters of a Good Joint Venture

The 5 ideal parameters of a good Joint Venture are:

1. No money
2. No risk
3. Very little time
4. Lots of leverage
5. Big potential

Ask the right questions, do your due diligence and always be ready to say, “No.” Personally, I only work with Members of the DollarMakers Joint Venture Forum.

Our Joint Venture Broker Bootcamp Graduates are trained to find and exploit lucrative Joint Venture opportunities. Through our powerful DollarMakers Joint Venture Forum, they have access to hundreds of other Members worldwide, as well as meetings, a Convention, Tele Conferences, support and Joint Venture opportunities.

As an immigrant myself, I understand the hopes, fears, dreams and unique problems faced by immigrants, no matter where they are in the world. Immigrants often face challenges that only other immigrants can understand. Often their qualifications are not accepted or they have no local experience, so they accept whatever they can get. Having worked with hundreds of immigrants, I know how hard it is to start all over again.

Common Barriers to Success for Immigrants

• Immigrants don’t always understand the culture in their new home.
• They might be afraid of risking their savings.
• They often don’t realize just how different things are in this new world.
• They sometimes face racism, xenophobia and people who take advantage of their vulnerability.
• They want to be accepted and blend in to their new environment, but it can be very strange and difficult.
• Money problems can lead to loss of self respect, shame, relationship problems and withdrawal.
• I know of a number of immigrants who ended up divorced from their spouses, their dreams crushed.
• Others lost their savings and will have to work until they die.

– UNLESS THEY FIND AN ALTERNATIVE.

Joint Ventures is the Alternative You’ve Been Waiting For!

The good news is that any immigrant, in any country, can use Joint Ventures to create an income fast, with no money or risk, no database, no business experience and no connections or support system. Just like I did. You don’t need money, reputation or inventory. As long as someone else has it, you can access and leverage it, if you know how.

My Story

When I got to Canada, the condominium agent didn’t want to rent me an apartment because I was new in the country with no track record or credit record here! Talk about starting over. I got a friend of mine, the head of the US Peace Corps for Southern Africa, to send them a testimonial. That worked. Ridiculous, but that’s what many immigrants face. You can’t get a job, because you don’t have “Canadian experience”. Chicken and egg. But I didn’t want a job – I didn’t need one!

Free Yourself

You don’t need to accept a minimum wage job or drive a cab or kowtow to some idiot boss. You can create multiple streams of income and financial independence using Joint Ventures. Don’t buy a business. Don’t get a job. Get smart. Use Joint Ventures.

What Brokers Do and You Can Do Too

Joint Venture Brokers leverage other peoples’ money, credit, reputation, resources and access. The money they earn is 100% profit. And they get all the tax breaks that any other business gets. They don’t sell time, they take no risks and they carry no overhead. They can live in a cardboard box and use a pay phone. They don’t have to sell anything. All they do is link people up with businesses supplying the products or services they want and need, and get well paid for it – win/win/win. They have a JV mindset and build bridges between supply and demand.

Anyone can do this. Immigrants have the courage to leave their comfort zone, home and friends, security and support system. They are courageous. They richly deserve the rewarding world of Joint Ventures.

When you sell your time, you sell your life. You might as well be a slave or a mercenary – or an employee.

You cannot get rich selling time unless you’re very highly qualified or a rock star or film star. That’s why most consultants and coaches experience peaks and valleys - “chicken or feathers” – their income is seasonal and they work harder and harder for less and less.

Make A Money Machine Instead

When I meet with my Joint Venture Forum Members, I always tell them that they should have each Joint Venture they consider fit within the following parameters:

“No time, no risk, no cost, win/win.”

That doesn’t mean a Joint Venture won’t take time to set it up, or a little expense up front – it simply means that ideally, the JV should run like a money machine, without your presence or time. The idea is to utilize and leverage underutilized resources and create links as a broker would. You get paid a percentage of resulting business. You link supply with demand and piggy back distribution and advertising.

How Much Is Your Freedom Worth?

The average consultant or employee (a consultant is simply an employee with many bosses) doesn’t realize that his hourly rate is not what he actually earns. When you look at your real profit, you should also consider what your freedom is worth to you.

• Are you free to do what you like, when you like?
• Are you free to go skiing or hiking when the weather permits, or when a boss permits?
• Are you really like a child in a classroom who has to ask permission to go to the little boys’ room?
• How much is time with your family worth to you? What will you sell it for?
• Do you really want to have a boss decide whether or not you’re allowed to take your wife on holiday or go fishing with your friends?
• How old are you, anyway?

Maybe it’s time for your personal Independence Day.

Fire Your Boss

Other peoples’ time, money, resources, equipment, expertise and access is freely available to smart JV experts. We don’t have money problems; we have thinking problems. Let us understand that we don’t have to sell our time. Fire that boss, once and for all. Fire your consulting and training clients like I did. They don’t deserve you. You family and loved ones deserve you.

One phone call can earn a good JV broker more than the average employee earns in a month or more. Attend our Joint Venture Broker Bootcamp and find out how you can have all the time and money you want.  Contact Us to attend one yourself.

One of the most common questions I am asked at the seminars, talks and Bootcamps I present, is:

“But, Robin, how do I find people to Joint Venture with?”

Good question, of course. In a world where a good website and business brochure can make a bank robber living in his dog’s kennel look like the CEO of a Fortune 500 business, we have rightfully become skeptical, even cynical. We are wary of the scam artists and wanna-be’s out there. We don’t want to refer our trusted clients and friends to losers.

Use a Group that Enforces High Standards

That’s why we started the DollarMakers Joint Venture Forum. Good people were invited to join and they invited their best people, and so on. And now that people from all over the world are applying to join, we insist they agree to adhere to our Code of Ethics and we watch them carefully. Any deviation and we unceremoniously kick them out. Unlike many “Networking Groups” that would accept Hitler if he paid enough, our fees are so low and our benefits so high that we can afford to be, and are, very selective. So that is one way to find good Joint Venture Partners: simply join the Forum!

Use Your “N.E.E.R.” Relationships

Another way to find good Joint Venture partners is to start with your N.E.E.R. relationships – your Naturally Existing Economic Relationships – people whom you know and trust and have done business with in the past. People who are referred to you by trusted friends and associates are more likely to turn out well. And if you follow our guidelines, you will initiate those Joint Ventures with no money, no time and no risk. So you can walk away if things don’t work out or the Joint Venture partner deviates from the agreement, as some, I assure you, will.

Why You Should ONLY Associate with Successful People

Always remember that there are people out there who will agree to anything to grab a customer and make a quick buck. Desperate people do desperate things. So you should choose successful people – not the trailer park type who lives on welfare and can’t afford gas, whom you want to help; you’re not a social worker. I have tried that and it cost me money. Find winners and visionaries.

Other Key Factors

And make sure to manage the relationship and the Joint Venture – it takes attention and monitoring to make it work well. And the more they know about Joint Ventures, the more likely the Joint Venture is to succeed. For example, DollarMakers Joint Venture Forum Member who has attended the Joint Venture Broker Bootcamp is more likely to succeed than one who hasn’t.  Contact Us to attend one yourself.

How much should you make from a Joint Venture?

• 10%? 20%? 50%?
• Should it be of the net or gross profit or off the top?
• How do you decide?

This is an important consideration, especially for people who are used to paying peanuts and those who are used to accepting a few crumbs. Entrepreneurs who understand business and profit are more likely to pay and demand reasonable commissions.

Look at the Profit Margin & Be Generous

For example, when people attend a DollarMakers Joint Venture Broker Bootcamp, I pay the referring Members up to 50% in commissions! My cost of putting an extra chair into a Bootcamp and a few extra cups of coffee and donuts, plus a workbook, is negligible. I can afford to be generous. My DollarMakers Joint Venture Forum Members earn thousands in commissions every month. But if I was selling computer hardware, with a profit of around 6%, I could not afford to pay such a generous commission. Large profit margins demand high commissions; real business people understand that. And there are other ways to reciprocate, other than financially – but that’s a subject for another blog or the Bootcamp.

Avoid Ridiculous Offers Like This

A realtor approached me with the typical offer: “Send me a buyer or a seller and I will pay you $75 for a completed sale.” So you get $7,000 and you expect me to accept $75? Are you kidding me? I’ll take 50% of the realtor’s commission or no deal. Am I being greedy? No – I pay 50% and so can they. If you don’t ask, you won’t get. Desperate realtors will not agree to this, but the smart realtor who has built in multiple Joint Venture back end sales into every transaction will jump at the opportunity.

50% of something is better than 100% of nothing. It’s business they would never have had. When you show them how much business that one deal can generate over the years and the Marginal Net Worth of a customer, they might see the light.

A Smart Business Owner Knows

Most entrepreneurs don’t understand their acquisition cost, attrition rate, profit margins, back end value or Joint Ventures. That’s why they feel they have to grab every up front cent they can. When they understand the big picture and they want to create increasing, multiple streams of passive income, they will become generous in their referral fees and commissions.

My Standard

I personally don’t accept anything less than 20%, but it all depends on the big picture, margins, reciprocal consideration and value. Remember the big picture and demand to be paid a fair amount or walk away. There are many opportunities out there but very few people who understand Joint Ventures, so you can call the shots.

Wow! That’s some claim. Perhaps you would like to change the way you think about making money - fast. See, we don’t have money problems - we have thinking problems.

Become Aware & Choose Something Else

We have been conditioned to believe that it takes a long time, a lot of money and a lot of work to make money. We’re warned about the “Quick Buck” or “Fast Buck” mentality. Our conditioning usually comes from people who don’t have a lot of money, and who are seriously jealous of those ho do. They accuse successful business people of being “sleazy” and dishonest, because they don’t understand that one can legitimately make serious money in a short period of time without being dishonest, if you know how.

Do This and Make Money

Joint Ventures is the ultimate leverage - no risk, no cost, unlimited potential, FAST. If you know how. Let’s take a very simple example: You find someone who will pay you $300 per buying referral. That might be selling a seminar, a course, a product, whatever. It doesn’t matter. The larger the percentage of the public that can use or benefit from it, the better, obviously. Now you go out and find people who have access to large databases of people who know and trust them, usually authors, businesses and professionals. Offer them $100 per sale and get them to advertise the product or service to their people via e mail, newsletters, flyers, notices, phone calls, whatever.

Know It’s a Numbers Game

If you approach enough people with any well presented, well packaged, well priced product or service, a certain percentage will buy. It’s a numbers game. Factors the come into play:

• The more proficient you are, the great the ratios.
• If the owner of the database has a good relationship with his people, customers, etc., more will buy.
• If the product / service is well presented and packaged and perceived to be very valuable, more will buy.
• You can add massive bonuses and premiums at no cost to you, as well, if you know how.

By approaching enough people, 25 will buy, earning you $200 each, = $5,000. I know this works because this is how I Joint Venture with others for sales of our DollarMakers Joint Venture Broker Bootcamp. This is a lot simpler than it seems and can be set up quickly and efficiently, if you know how. And the process can be duplicated and leveraged and it’s ultimately scalable. Anyone can do this.