Nov 20

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.

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Nov 14

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.

Nov 13

It’s amazing how many people I see doing crossword puzzles. In coffee shops, on planes, in airports, in trains. Rika likes doing jigsaw puzzles. Many people enjoy chess. They’re all solving problems and making connections.

When I first read Zig Ziglar’s statement,

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

I realized that the more value I could create and the more people I could reach, the faster I would reach my own goals. So the puzzles that I enjoy are “value” puzzles: How to connect the dots and link the right people and resources in such a way that I create massive, unprecedented value. It’s called Joint Ventures.

JustLook at How the Big Guys Do Business

This is how I’ve done business and done well for nineteen years.

  • We don’t have to create competencies; we can borrow them.
  • We don’t have to own or buy resources – we just need access to them.

Ericsson and Sony work together. Disney, Amex, Pfizer and IBM all excel at Joint Ventures. Wal-Mart formed a Joint Venture with Mexico’s Cifra, which significantly shortened its learning curve about the Mexican market. It is said that 20% of the revenues of large companies are the result of Joint Ventures and that 50% of those Joint Ventures are with their competition, yet only 1% of small and medium businesses understand and use this powerful business tool to create fast and large profits at virtually no cost or risk.

It’s all about leveraging exiting resources and hidden assets. And it requires a certain mindset. And it doesn’t take years of academic study; it takes one day to get started.

Everything You Need is Already Available

The most important component of a successful Joint Venture is finding the right people to work with. One has to be careful to select ethical, professional people one whom one can rely. Secondly, you have to learn the mindset and understand how to select and approach potential Joint Venture partners and then to set up the deals in a win/win, no cost or risk manner. Once you get it, it’s like riding a bicycle or becoming a physician – you can work anywhere in the world, without any resources. Everything you need is already available through someone else.

A Game Where the Winner Gets Paid

Brokering Joint Venture deals is a wonderful and very rewarding game. It’s better than jigsaw puzzles because it creates value wealth, and great relationships. Real money, real fast, in the real world, with no downside – that’s why I love Joint Ventures. Remember “Six degrees of separation”? It’s true. And “What goes around comes around”? It works. I set up one Joint Venture yesterday that instantly exposed me to four thousand people. On my own, that would have taken a lot of time and money. Together, we can do amazing things.

Nov 11

Einstein told us,

“We can’t solve problems by using the same kind of thinking we used when we created them.”

And we tend to subconsciously seek evidence to support our dominant beliefs. So we get stuck in a loop – we continue to look for proof that we’re right, so we don’t change what we believe, so we don’t change. Then we complain that nothing changes. Well, our circumstances won’t change until WE change what we believe to be true. How do we do that?

Sabotaging Future Success

We created our beliefs by gathering evidence to support those beliefs. For example, Uncle Patrick was dishonest in business, Lonny ripped us off and Sam lost his savings in a bad business deal. And, as a result, we believe that business owners are dishonest and that we will lose money by getting into business. This can sabotage your future success. Or you’ve had six bad relationships and two divorces so you believe there are no good men in the world. That’s simple human nature: once bitten, twice shy. Seven times bitten

Brainwash yourself

Actually, it’s easier than we may think. The best way I have found to change my own beliefs is to immerse myself in evidence that produce empowering, uplifting beliefs. If I had a bad experience in business, I can:

  • Read the biographies of successful entrepreneurs
  • Spend a lot of time on a regular basis with successful business owners
  • Watch movies like “Tucker”
  • Read business magazines
  • Read “Atlas Shrugged”
  • Read “Think and Grow Rich” and other good material
  • Listen to podcasts and CD’s

Eventually, inexorably, my beliefs will change and my life will change.

If you had bad experiences in relationships, how about only mixing with people who have great relationships and marriages, read books about good relationships, work on yourself and concentrate on flooding your mind with positive information on relationships.

Brainwash yourself – wash out all the silly, weak, disempowering beliefs with good, clean beliefs! Focus on your input. Strategically plan to change your beliefs. Take massive, passionate action. You can dramatically change your life by changing your beliefs.

Nov 10
  • What gets you bounding out of bed before the alarm clock goes off?  On a cold, rainy Monday morning, after 4 hours of sleep and jetlagged into last year?
  • What compels you to work deep into the night?
  • What drives you to go the extra thousand miles?
  • What sets you apart from the herd of mediocre also-rans?

Your Vision.

What Separates the Masterful from the Mediocre

Successful people are prepared to do what unsuccessful people are not prepared to do. And the reason why they are prepared to - no - obsessed with doing it, is their purpose and their vision. Without a vision for your future, life is dull, boring, frustrating, repetitive, meaningless. Woodrow Wilson said,

“No man that does not see visions will ever realize any high hope or undertake any high enterprise.”

Dream or Drudgery

“Without a vision, the people perish” Proverbs 29 vs18. Vision gives us focus, endurance, courage, passion and purpose. Dreams determine destiny. Imagination determines aspiration. We have a choice, every minute of every day – we can focus on the problem or the purpose, the dream or the drudgery.

People who flit aimlessly from one thing to another simply haven’t discovered their purpose. They are without a vision; rudderless ships, destined to end up on the rocks. They are guaranteeing regret in their old age, when they no longer have the youth and energy to attempt great things. Two sad words will haunt them: “If only…”

Transcend Limitations & Mistakes

Peter Drucker said:

“The better a man is, the more mistakes he will make, for the more new things he will try in the pursuit of his vision.”

Visionaries are bulletproof. They don’t fear making mistakes. They eagerly embrace every new opportunity to make their dreams come true. They live in faith, not fear. Anais Nin said:

“We don’t see things as they are; we see them as we are.”

We become our vision. The greater the vision, the greater we become. Patanjali said:

“When you are inspired by some great purpose, some extraordinary project, all your thoughts break their bounds: Your mind transcends limitations, your consciousness expands in every direction and you find yourself in a new, great and wonderful world. Dormant forces, faculties and talents become alive, and you discover yourself to be a greater person by far than you ever dreamed yourself to be.”

What if you don’t yet have a clearly defined vision?

Easy. Find someone who does, and hitch your wagon to their star until you’re ready. You will be infused with joy, peace and a new perspective on life.

Nov 07

Have You Been Behaving Like a Baboon?

Most businesses are like African baboons – these furry fellows race through the cornfields, picking corn and stuffing it under their arm. As fast as they stuff the corn under their arm, it falls out the back, but they keep on picking and stuffing! By the time they get to the edge of the cornfield, they are carrying one corncob and they’ve left a trail of corn on the ground. This is how many entrepreneurs handle customers. They’re so busy getting new ones that they neglect and lose their existing customers out the back door. Attrition spirals out of control and yet they continue to spend more money on finding new customers.

Invest in Your People

We know it’s far more affordable to resell existing customers than to get new ones. We know that it’s better to retain our customers and to encourage referrals through added value service than to spend a lot of money finding new customers. So why don’t we act accordingly?

Why don’t we spend 80% of our marketing budget on our EXISTING customers?

Invest in your people and they will bring you a lot of new ones. Building strong relationships with the customers you have will:

  • increase loyalty
  • reduce attrition
  • increase transaction values
  • lengthen customer lifespan.

Why not put a program together to REACTIVATE inactive customers?

It’s much easier than trying to buy new ones.

A happy customer is good – an elated customer is better.

By redirecting our marketing dollars to our loyal clients and creating unprecedented added and unexpected value, we can engender massive reciprocity in the form of referrals and goodwill. But only strategists will understand this. Tacticians, those “instant gratification” types, will never understand this. A satisfied customer might stay with you, but an inspired and enthusiastic customer will bring her friends, family and associates. You can buy a lot more new customers than advertising with:

  • A surprise party
  • An unexpected gift
  • A personal phone call
  • A complimentary dinner

Use Joint Ventures to add value at no cost to you. Partner with other businesses to increase the value to offer and to differentiate yourself from the competition. Put yourself in your clients’ shoes and take the time to find ways to make their lives easier and more comfortable. Look after what you have and they will look after you.

Sales Tip

Act in your customer’s best interest. Reward referrals generously. Don’t skimp on packaging. Create referral systems that make the customer happy. Protect your customers; they’re hard enough to get and they can be worth their weight in gold.

Management Tip

Teach your team to listen and to go the extra mile. When I go into Safeway and ask where the bathroom is, the employee will walk me to the bathroom. When I go to the competition, the employee points in the direction on the bathroom. Big difference. A nice bag with a pretty bow and a big smile, a follow-up telephone call and even a thank you note can generate a massive return on investment. Get creative and set the example.

Nov 06

You talk to yourself at a rate of 600 words a minute. Even when you’re talking to yourself out loud, you’re talking with yourself internally as well. You’re constantly evaluating your circumstances and choices, based on your frame of reference and conditioning.

Choosing a New Program

Many of the confusions we jump to are automatic; conditioned responses based on past experiences which were often painful. So, many of the choices that we make are guaranteed to keep us in a negative loop, unless we consciously and actively stop the downward cycle and interrupt the negative pattern. Here’s a proven and simple way to do just that.

Asking Better Questions

Have you noticed that you always answer your own questions, and that the question determines the answer? And that we act on those answers?

  • If you ask yourself, “Why am I so stupid?” You’ll get an answer that confirms that you are stupid, by telling you why you are stupid.
  • If you ask, “Why do I have to work so hard?” you’ll trigger the same, negative response to confirm and support a negative belief or paradigm.
  • “Why can’t I get out of debt?” will elicit an automatic, programmed response that will keep you in debt.

Break Free with This Recipe

The way to break free and escape this trap is to consciously and purposefully construct and ask questions that are designed to break the mold of pessimism and failure in any area of your life. In order to break disempowering habits, one fast way is to constantly ask yourself the right questions.

Write down the questions and be sure to ask yourself these questions (out loud, if possible) at least seven times every day. Try these for a start:

  1. How can I double my income?
  2. What is great about my life?
  3. What do I like, respect and admire about the person I just met?
  4. How can I add more value to the products and services I sell?
  5. What am I grateful for?
  6. How can I do more in less time?
  7. What am I happy about? What is great about this situation?
  8. Why do I have so much energy and joy?
  9. How can I joint venture with others to make my dreams come true in a fraction of the time?
  10. What can I do to increase the happiness and comfort of those I work with / my vendors / my family?
  11. What did I learn today that will help me for the rest of my life?
  12. Why am I such a great person? Why do people like and respect me?

Tips to Manage Your Mind

Tailor your questions to overcome mental and emotional challenges in your life. Focus on good things, solutions and events that you’re grateful for. Focus on what you want, not on what you don’t want. Create vivid mental pictures of your goals. Manage your mind and thoughts and everything else in your life will improve. Most of all, mix with Eagles instead of turkeys – Eagles will help you, support you and encourage you. Want to know where to find them?  Check out the  DollarMakers Joint Venture Forum at www.jvwisdom.com.

Nov 04

I know it’s hard for some of us to ask, especially self-sufficient, proud, responsible, disciplined and hard working entrepreneurs. We don’t want to take advantage, we’re afraid of being made a fool of, afraid of rejection, and so on. But the fact is, things only happen when we make them happen. And that usually involves asking people to do something.

The Beggar Who Understood Averages

I talked with a beggar on the street once. I was interested to know if he felt bad when people didn’t give him money. He answered, “No, siree! I don’t feel bad if they ignore me or don’t give me money – THEY feel bad! I just keep on askin’, askin’, askin’, and the Law of Averages kicks in. I can predict pretty accurately how much money I will make on any given day, as long as I keep askin’. And the more I ask, the more I git!” Salespeople know this – it’s a Numbers Game – ratios are real. Statistics are real. It’s a game. Ask ten people and you might get something. Ask a thousand people and you most certainly will!

How many opportunities have we lost in life, simply because we didn’t ask? What’s the worst that can happen? They can say, “No.”

Invite Others to Participate

Together, we can do amazing things – but we need to invite others to participate in our Joint Venture programs in order to achieve the maximum results, and that involves asking. And it’s absolutely amazing what people will do, if you simply ask them to!

How to Get More

Set up your Joint Ventures in such a way that YOU ask many people and that you have a system to ask many more. And the more you ask for, the more you’re likely to get. Be confident, plan your strategy well and ASK. By all means ask. Ask many people. Ask for more. “You have not, because you ask not”, is true.

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