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Too many people take advice from people who should not be permitted to give advice. The blind, it seems to me, spend far too much time leading the blind. This is particularly true when it comes to small business. People sign up for government-run “Self Employment Programs”, often conducted by low-paid people who failed in business themselves. How can a business failure who earns $3,000 per month in a government job teach you how to succeed in business? You’ve go to be joking.

Jim Addison said, “never take advice from anyone more who is screwed up than you are”, so entrepreneurs pay “Business Coaches” and “Consultants” a fortune to sink deeper into debt and despondency. The key is to find a coach or consultant who is actually capable of running your business better than you do. Think about it. Jim Stovall said, “Only learn from people who already have what you want.” We asked a very wealthy friend for his advice and it earns us over $10,000 per month in passive income. A bum on a bench will not give you the same advice as a judge on the bench. Your bank manager has no idea how to run a successful business, since she is an employee. What ask for her business advice? After all, she works for you.

Find people who are very successful in the area yin which you wish to prosper, and learn from them. Find richer, smarter, more successful people than you are to learn from. And please do your due diligence and check them out first. Anyone can tell you a wonderful story and exaggerate the facts. Insist on proof. In many cases, it’s “Big hat, no cattle”. Don’t be impressed with their smart, leased car and their home that is mortgaged to the hilt. When someone has to tell you how wealthy they are, they usually have no money. “I live in West Vancouver”. Yes, in a rented room someone else’s house. A shiny business card and expensive brochure doth not make the man. Take your time before seeking advice. The oracle may just turn out to be an ox.

At DollarMakers, we tell it like it is, we keep it real, and we build solid relationships with people before hopping into business bed with them. That’s why we encourage people to attend meetings and participate in the conference calls, Bootcamps, and the Cancun Convention. We’re excited to have some wonderful Members and as we grow you get access to more and more exceptional people.

I recently had a jumped up seminar junkie once again disgorging his unsolicited advice about how to run my business. One flower of success in the midst of a murky myriad of failures has convinced him that he is the business oracle before which mortals such as I should gratefully prostrate ourselves. One swallow does not a summer make, my young friend. Buying overpriced business courses does not make you a Donald Trump - it merely makes you a customer of the Donald. The smartest people I know only offer their advice when asked, and even then they humbly qualify their contribution.

Taking advice from people, as Mr. John Addison says, “who are more screwed up than you are”, is not one of my many failings. I am acutely aware of the limits of my knowledge and experience, but I have never benefited from the advice of someone who is clearly inexperienced, arrogant, and stupid into the bargain.

When I discovered the Average IQ was 100, I was Appalled (and then relieved!)

When I discovered that, on a bell curve, the average person has an IQ of 100, I was at first appalled, then relieved, when I found forgiveness in my icy heart for the average plebe who disguises himself as an entrepreneur and doles out his noxious counsel to other equally inept pretenders - the blind blissfully leading the blind, and laughing all the way to the bankruptcy court.

When Jim Stovall said that we should only take advice from people who already have what we want, he should have been awarded the Nobel Prize for Wisdom. Imagine an entrepreneur taking advice from an academic, a bank manager, or a socialist. Ridiculous, I know. Yet the sheeple continue to be sheeple, and we don’t have to follow them over the edge of the cliff.

Seek out TRULY SUCCESSFUL Mentors and Follow their Advice Carefully

Let us carefully select a good pair of effective earplugs and install them as soon as we are approached by one of these tormentors. Let us not confuse the symbol for the real thing. If I was a detective looking for a psychopathic conman, the first suspects on my list would be religious leaders, seminar presenters, consultants, and coaches, suffering from delusions of grandeur and fed by brainless sycophants who pay too much to join their cults.

I seek out truly successful mentors and follow their advice carefully, all the while retaining my reason and a good dose of skepticism, and cautiously weighing their recommendations before grabbing my wife’s checkbook. Empty barrels do, in fact, make the most noise. And still waters run very deep.

The Buddha said,

“Don’t hurry to believe in anything, even if it has been written in the holy scriptures. Don’t hurry to believe in anything just because a very famous teacher has said it. Don’t believe in anything just because the majority has agreed that it is the truth. You should test anything people say with your own experience before you accept or reject it.”

Let me add this final piece: When you find yourself in any meeting, seminar, or presentation where group dynamics and mass hysteria, group-think and emotional manipulation are at work, do not spend more than $500 or commit yourself to any amount over $500. This will prevent you from waking up with a terrible, haunting question the next morning: “WHAT HAVE I DONE?” The offer will still be there the next day, believe you me, and it might look very different.

The DollarMakers Credited Business Mentor Training Program

• Become a Certified Business Mentor (CBM)
• Learn how to Double the Profits in virtually Any Business
• Earn real money getting real results for business owners

As a Protégé of Robin J. Elliott and Patrick Giesbrecht, get five days of personal, hands-on coaching in beautiful Vancouver, British Columbia

For 18 years, I consulted with the owners of small and medium sized businesses to dramatically increase their profits. As I got more involved with the DollarMakers Membership and traveled around the world more frequently, I stopped the consulting. My fees ran from $500 per hour to $1200 per hour and my monthly retainers were $5,000 plus profit sharing, but my heart was in the Bootcamps and my Joint Ventures.

I continually get requests from business owners to help them grow their businesses through my business mentoring, and there is nobody I would recommend to do that. After seeing how many “Coaches” and “Consultants” out there cost a small fortune and do more damage than good, I don’t know one person who can do what we do. OK, I know one person who can do it: Patrick Giesbrecht, the fellow who retired within seven months of attending my Bootcamp, but he doesn’t do mentoring either.

And so we came up with a solution: We would offer personal, intense, hands-on training to a few, carefully selected, qualified Protégés so that we can turn them into Business Mentors who are equipped to go into virtually any business and double or quadruple its profits, and get very well paid to do so. We created a five day, focused program, during which Patrick and I will personally coach and train these few, selected people and duplicate our skills in them. They will learn directly from my 21 years of experience and Patrick Giesbrecht’s business genius.

We will accept only a limited amount of Protégé’s per group, and we will include their accommodation, meals, and a professional city tour of our home, Vancouver, the most beautiful city in the world. Spouses and life partners can attend the training as well, at no cost, and their accommodation and tour will also be included (with the exception of their meals).

If you are interested in applying to be a Protégé, you can complete an application form on this site. We reserve the right to accept or reject applicants without an explanation, and since we will only accommodate a few people over five days, there will be very few slots to fill and we are already inundated with applications. If you’re interested in applying to be personally trained to be a Business Mentor, click here.

Read what you get and what investment is required before completing this Application.

Discover the route to guaranteed success with any Joint Venture. Success is the result of a certain mindset that will guarantee your success. If your mind is well prepared, your actions will follow what is prepared in your head.

There are 5 Elements to Success, and Robin J. Elliott explains them in detail in this podcast.

 

 Podcast: Guaranteed Success with Joint Ventures [7:17m]: Play Now | Play in Popup | Download

“Vertical Thinking” is analytical, focused, left-brain, binary (black or white) and narrow. This is the way most of us in the west have learned to view life and business. Horizontal thinking, on the other hand, is creative, right-brain, lateral, open, inclusive, synergistic, and strategic. Joint Ventures utilize and optimize both these approaches perfectly.

Edward DeBono , author of 62 books on creative thought, said:

“Some people are unhappy about lateral [horizontal] thinking because they feel it threatens the validity of vertical thinking. This is not so at all. The two processes are complementary, not antagonistic. Lateral thinking enhances the effectiveness of vertical thinking by offering it more to select from. Vertical thinking multiplies the effectiveness of lateral thinking by making good use of the ideas generated.”

The Wedding Planner, for example, is good at providing all the services and products related to weddings and the immediate events, even going as far as the honeymoon arrangements, and she gets paid a commission on all referred business within that limited time realm.

A good Joint Venture Broker, on the other hand, will see well beyond that to a strong mailing list that builds an ongoing, long-term relationship and proceeds to mutually benefit both parties over the years; that married couple will breed, buy houses, furniture, cell phones, and holidays, and fifty percent of them will get divorced. All those services can garner serious income for the broker and the service providers, while at the same time providing massive, additional value for the couple. The joint venture broker thinks out of the box.

A Joint Venture Broker is Focused on Back-End Income Sources

The traditional business owner is focused on his own products and services, to the exclusion of multiple additional sales and service opportunities. This myopic approach explains why, in my opinion, the average small and medium-size businesses out there only operate at about 10% of the potential net profit. A lateral thinking, Joint Venture approach can set up numerous back end income sources, all at 100% margin (we like to call them DollarMakers) within hours, days or weeks, thereby turbo-boosting income and differentiating the business from it’s competition, whose blinders keep them working too hard for too little.

Leverage and duplication can be systematically applied to virtually any business when the JV Broker applies this open mindset to the business services, focusing on providing the optimal ease and value for the customer and getting paid on all resulting transactions, much like owning multiple Toll Booths on thousands of bridges across the world.

Best of all, this can be accomplished with no money or risk, and surprisingly little time, since this involves leveraging existing resources. The Joint Venture Broker looks for links and partnership opportunities, and specializes in building a congruent flow of business.

When you think out of the box, you get out of the box, and unlimited opportunities suddenly start appearing all over.

Many entrepreneurs and wanna-be entrepreneurs are terrified of competition, and this is evidenced by business networking groups who only allow one representative of each industry to attend their events.

The “Shrinking Pie” mentality posits that there is only so much to go around. This dis-empowering approach is built on a timid philosophy of scant resources and lack, and is usually manifested as aggression. (Fear often incarnates as aggression.) Someone with a Scarcity Mentality focuses on shortage, risk, what can go wrong, and insufficiency.

Whatever you focus on is guaranteed to grow.

Your mind is a magnet. When you are consumed by thoughts of poverty and privation, guess what kind of people you will attract into your life? This victim mindset is programmed for failure and disappointment. We seek evidence to prove our dominant beliefs, and those who mistakenly believe that everyone is out to rip them off and undermine their success will subconsciously sabotage themselves to prove themselves right.

We have to be congruent, and our circumstances will always bend to reflect our self-esteem and beliefs. For example, the person who is genuinely convinced that they can’t make money will show up late for appointments, and when successful people decide to no longer do business with them because of their tardiness, they will whine, “See, I told you!” The Self Fulfilling Prophecy Is not a figment of some author’s imagination.

When a penurious intellect is offered a lucrative business opportunity, its first reaction will be, “What’s the catch?” and it will immediately go on the defense and start making excuses to remain poor, mediocre and passively aggressive. They actively look for reasons why the opportunity is a scam and a hoax, while the winners eagerly grab the opportunity and rush off to make more money. Losers will seek reasons why they will fail. “It’s a holiday – there won’t be any people around to attend the seminar. It’s too expensive – nobody can afford that! (they’re projecting their own lack) I won’t make enough money! I’m being taken advantage of! What if I fail? (you’re already failing, buddy) What can go wrong?”

Drop Kick the Losers to the Curb - Fast!

These people will contaminate your business, undermine your success and bleed you dry. They will discourage you, dissuade you and depress you. And they’re unlikely to change. They are a cancer on capitalism and a danger to your success. They are poison to profits and they will subconsciously do their best to drag you down to their level of despondency. Worst of all, they will attack anyone who is more successful than they are; jealously is a very common attribute of this type of person. The only way to deal with them is to drop kick them to the curb. Fast and decisively. Squish them like cockroaches and replace them with an ambitious, determined and disciplined optimist.

It’s better to have no JV than a JV with a loser. And there are many great JV partners to be had. There is an abundance of money and opportunities out there, just waiting for you.

Look at nature – how many leaves on one tree? How much water in the ocean? How many trees and rocks? Focus on affluence, plentitude and abundance and you will attract it into our life. Self discipline, high standards and self-confidence will result in prosperity and luxury for you.

Expect to succeed in all you do. Associate with winners, not whiners. Set great goals and believe in your dreams. A life of plenty is easily available to you through Joint Ventures, as long as you have the right JV partners. Your generous Abundance Mentality is creating a life of power and prosperity for you, and a plethora of options. Freedom is the result of right thinking.

Your circumstances are a revelation of your thoughts and beliefs. Look at someone’s circumstances, listen to them talk, and decide whether or not they have what it takes to be your JV partner.

Why Mutliple Sources of Income are Important

 

 Why Mutliple Sources of Income are Important [4:11m]: Play Now | Play in Popup | Download

Have you ever experienced a flat battery in your car? The more you try to start the car, the worse it gets, as the power drains away. The lights dim, the engine battles to turn over. That’s exactly what happens when you procrastinate on taking action. When you’re thrilled about a new project, that’s the time to jump into enthusiastic action: take advantage of the full battery of creativity, energy and insight that you have.

Get Your Butt In Gear By Ignoring Those Around You

By waiting, analyzing, talking to other broke, negative people, and allowing your battery to slowly run down, you ensure your failure and mediocrity. Eventually, you go ahead just because you said you would, but without the fire and power you had when you first saw the opportunity.

The longer it takes to take action, the less your possibility of success. As time passes, you start thinking of all the ways it won’t work. Your faith slowly gives way to fear, and you creep back into your shell of mediocrity.

The Window of Opportunity is Small - Go For It Immediately

When building a team, a downline, or a business, remember this: The window of opportunity is small, and those who make quicker decisions and get on board with excitement and action are the people you want on board. They will attract other winners like a magnet with their positive energy.

The others will suck your energy as they try to regain the optimism and eager expectancy they had when they first heard of the opportunity. “Paralysis of Analysis” is a character trait that spells doom and gloom for the rest of your team, and you don’t need that cancerous contamination.

Reward ‘The Walk’ and not ‘The Talk’

Lead by example, and be an action taker. Expect your people to do the same, and reward the walk, not the talk. If people don’t step up within a reasonable period of time, my suggestion is that you cut them loose as their battery dwindles. Invest your time and energy in strong, fired-up, action-oriented people.