What is ‘Multiple Streams of Passive Income’? What are it’s advantages. Are there any disadvantages?
There are many different paths to creating and earning Multiple Streams of Passive Income. In the below video I discuss some of them, and I compare them to Joint Ventures as a road to Passive Income.
I believe, that with Joint Ventures, once can create MASSIVE passive income streams from many different directions. And I believe that ANYONE can do it.
Watch Now.
Start to question, “Are You Happy With Your Life?”
In order to achieve a new situation in life, we have to remember that a mind once stretched will never return to its original dimensions, and that all meaningful change starts with a question.
We have to ask ourselves if the status quo in our lives is what we truly want, and if our present philosophy and world view is going to get us to where we honestly and deeply want to be.
We have to ask ourselves just:
Because the seething herd of humanity is programmed to viciously ostracize those who question the feasibility, indeed the sanity, of blind faith and conformity, we have to summon the courage to ask these questions.
Anything that threatens the current, outdated beliefs of true believers who doggedly hold on to medieval myths, legends, and superstitions is quickly suppressed. You should be aware of this.
The outright rejection of logic and rational, independent thought is the hallmark of the established system of paid slavery, the oppression of freedom, and mass mind control by the media and the mystics, which are owned by banks and managed by their puppet politicians.
We believe what we have been taught to believe, not what we personally, independently deducted from the facts all around us. We have been told lies to keep us bound, blind, tired, in debt, and afraid:
Nonsense.
Krishnamurti said:
“All authority of any kind, especially in the field of thought and understanding, is the most destructive, evil thing. Leaders destroy the followers and followers destroy the leaders. You have to be your own teacher and your own disciple. You have to question everything that man has accepted as valuable, as necessary.”
Dependency, exploitation, and attachment are forms of slavery. Only parasites, sluggards, and masochists revel in slavery.
Question everything.
Don’t wait until you’re too old, too scared, and too weak to change. Question now.
Anyone who says, “Mine not to reason why; mine but to do and die” is already dead. Blind faith is not laudable – it’s stupid.
The path to real freedom is not to be found in a cult or a college. Krishnamurti said:
“Most of us begin with certainty and as we grow older the certainty changes to uncertainty and we die with uncertainty. But if one begins with uncertainty, doubting, questioning, asking, demanding, with real doubt about man’s behavior, about all the religious rituals and their images and their symbols, then out of that doubt comes the clarity of certainty.”
Perhaps it’s your time to question, to rethink, and to redirect your life’s path.
Bob Carlson writes,
“Not too many years ago, most people did not need retirement plans or help with retirement planning. Retirement lasted only five years on average. Not everyone retired. Those that did retire generally had adequate income from employer pensions and medical expense coverage plus Social Security and Medicare.
Americans more and more are on their own for retirement and must plan for much longer retirements.
To complicate things, retirement finances have changed and are changing rapidly. Bull markets rapidly turn into bear markets which become financial crises. Investment options change all the time. Taxes, long-term care, medical expense coverage, annuities, life insurance, estate planning, and other aspects of your retirement finances rapidly have innovations and turmoil.
Currently, we are experiencing real ‘game changing’ events that will require everyone to re-evaluate their retirement plans:
Now there is no shortage of people seeking to be the retirement advisors for tens of millions of Baby Boomers: brokers, financial planners, accountants, insurance agents, mutual fund companies, and more.
Too often these advisers have their own agendas or are so busy marketing and managing their businesses that they do not keep up with the latest news and trends. Cookie cutter approaches and rules-of-thumb dominate too much financial advice. Personal needs, situations, and desires can take a back seat or be pushed out of the vehicle.
But if you attempt to tackle retirement planning on your own, you can easily become confused and overwhelmed by the mountain of advice available to you.
Type the search term ‘retirement planning’ into Google and it returns about 13.5 million hits. Type in ‘IRA’ and it returns almost 50 million hits! And most of these hits are for websites that simply want to sell you a particular product, or contain information that’s out of date.”
…And those “Advisers” are all asking you spend MORE money, take more risks, and trust them, so that they can earn bigger commissions on your risk!
Surely you’re tired of being ripped off?
How about creating more income – residual income from multiple sources – with no cost, risk, or selling, no investment, and little time, regardless of your financial predicament, age, or background? That’s exactly what DollarMakers offers you.
Have a look at our website -lots of free stuff, information, and help. No obligation. No spam.
There’s even an e-book on how to retire in one year. That’s right. You heard me correctly. ONE YEAR.
What have you got to lose? It’s not too late to turn your autumn years of scarcity and fear into the best years of your life.
If you receive information, which, if applied, can earn you an unlimited amount of money, what is that information worth?
It has made people millions of dollars.
Would you pay $5,000 once, to be able to earn $10,000 and more per month for the rest of your life? Of course you would.
Let me tell you why certain people balk at the measly $500 we currently charge for a seat at a Bootcamp – two reasons:
A winner will never ask, “How much did YOU make from the Bootcamp?” or, “How much did others make?” Why?
Because winners know that most other people fail most of the time, and they know that they are not most people. They know themselves. They know they always rise to the top. They have a track record. They know how hard working and disciplined they are.
If they evaluate the Bootcamp and believe the information works, they will pay for it and apply it and get rich.
Winners will take action and MAKE it happen, while losers and parasites will pose and procrastinate and analyze and make excuses until they find another seminar to attend.
You will learn proven, tried and tested technologies and skills that you can use to create wealth anywhere, under any circumstances, regardless of your background, age, or education, or whether you have a business or not.
What is that worth? Ten thousand, twenty thousand dollars?
You’re learning from people who actually do what they teach.
This is not some seminar by a conman that has you running to the back of the room to buy the “real, meaty stuff” at ridiculously high prices. This is the real thing. Get it while it lasts. Whatever you pay for it, it’s too cheap.
An epidemic, a pandemic – Mexican Swine Flu, Facebook, Twitter – have you considered that all viral growth is based on piggybacking, on Host/Parasite relationships, and on leverage? This is the natural way of fast growth.
Drop some food coloring into a glass of water and stir it – it spreads, but it gets diluted. However, when properly created, viral growth retains the strength of the seed. You can grow your business and create viral wealth fast through Joint Ventures.
When you realize that you can use existing resources, distribution systems, and relationships upon which to piggyback your business and wealth, all barriers in respect of time, cost, and risk fall away.
The Mexican Swine Flu uses people, airplanes, subways, and all manner of means to spread and grow. Use this model.
Most entrepreneurs are like soldiers – they carry heavy packs and guns, slide around in mud, get shot, go without sleep and food, and are continually at risk.
Joint Venture experts are like generals – they sip tea in comfort while their batman polishes their boots. They use strategy, leverage, delegation, and their brains. They are like chess players.
Your business is merely a vehicle for creating profit, not an extension of your body or personality. You are not your business. When you get your ego out of the way, all sorts of options magically arise.
Every resource you need is easily and freely available through Joint Ventures. You don’t need salespeople, expensive and risky advertising, or so called “Consultants” and “Coaches”. What you need is the understanding of leverage.
I agree with Ben Franklin, who said:
“Empty your purse into your mind, and your mind will fill your purse.”
What he left out, though, was WORK.
Initially, to learn how to use Joint Ventures to grow virally and create viral wealth, you have to pay to for the training and support, but you also have to work and practice; you don’t learn to swim while sitting in a seat at a seminar or reading a book.
Most “seminar junkies” are losers who are trying to hide from reality and accountability. You have to get in the water to learn how to swim, and it takes time to learn a new skill set. But once you get it, you will never look back.
The key here is to learn from people who actually practice what they preach.
Don’t take advice from anyone who doesn’t already have what you want, and never take advice from people who are more screwed up than you are.
DollarMakers is the world leader in Joint Venture training and support for individuals, professionals, and the owners of small and medium-sized businesses. We have a 22-year track record. We walk our talk. We fire Members who don’t abide by our Code of Business Ethics. We grow our own business virally and create viral wealth, and so can you.
Robert Kiyosaki (author of Rich Dad, Poor Dad):
“Being rich is when your passive income is greater than your expenses.”
Robin J. Elliott:
“Being rich is earning the freedom to buy what you want, do what you want, go where you want, when you want, and live according to your own beliefs and values.”
DollarMakers is dedicated to providing YOU with the tools and support to become rich.
Remember what Jim Stoval said:
“Only take advice from someone who already has what you want.”
We live what we teach. You don’t have to participate in this recession. Freedom is at hand, if you really want it.
Is what you’re doing now really going to make you rich? Will it truly give you the time, freedom, and money you want? One always has options –
Here’s why becoming a Joint Venture Broker is, in my estimation, the most lucrative, safe, and fun thing you can do. I’ll save the best till last.
First, the nature of the beast is creativity. Joint Ventures that are set up with the right people, and with no cost or risk, allow you unlimited flexibility and creativity. Oliver Wendell Holmes said:
“A mind, once stretched by a new idea, never regains its original dimensions.”
Anyone who truly understands JV’s (perhaps 1% of entrepreneurs) knows that it doesn’t get better than this.
Second, opportunities for Joint Ventures abound in this recession. Someone said:
“Life isn’t about waiting for the storm to pass, it’s about learning to dance in the rain.”
Right now, people are more open to JV’s than ever before.
Third, true Joint Ventures are dynamic, synergistic, interchangeable, and malleable. They can mutate into different and more lucrative forms, and one can swap, trade, and reinvent them as one goes along. They’re like a virtual, giant Mecano set on steroids. Ross Perot said:
“Life is like a cobweb, not an organization chart.”
That applies to JV‘s as well.
Fourth, reciprocation is the name of the game – the ultimate and real win/win/win. Booker T. Washington said:
“If you want to lift yourself up, lift up someone else,”
and Mom Mabley said:
“Life is like a game of poker: If you don’t put any in the pot, there won’t be any to take out.”
I recently had a woman call me (I thought it was Winston on the line, so I foolishly answered the phone) and it was like listening to a machine gun. She was such an arrogant, hard sell that I felt quite bilious when I put the phone down. She has no idea what reciprocation is. It reminded me of the saying, “I haven’t spoken to my wife in four months; she doesn’t like to be interrupted.”
Fifth, Joint Ventures offer the maximum freedom and flexibility.
With the Internet and social networking the way it is, JV Brokers can play the field with gay abandon.
And Sixth, unlimited opportunity. Joint Venture Brokers can happily sow massively, since it takes little time, and they can remove the cost and risk from their businesses. Danny Kaye announced:
“Life is a great big canvas, and you should throw all the paint on it you can.”
OK, and here’s the best part of all: Joint Venture Brokers answer to no one but themselves and their JV partners, and they can pick and choose whom they work with. They truly control their own lives and destinies, and they tale personal responsibility for their own success.
Suddenly, your past, your age, your education, resume, ex-wife, the weather, the government, and where you live DON’T MATTER. You can rise like the phoenix from the flames of mediocrity, fear, frustration, and limitation, and fly as high as you like.
Where do you start? Join DollarMakers, sign up for our Online Bootcamp, and commit yourself to wealth, freedom, and fun. Right now.
Too many people make Joint Ventures too complicated. They “feel overwhelmed” and “don’t know where to start”, when it’s really as simple as ABC.
When you respond to a need and make a referral, which you do every day, simply monetize the transaction and build in residual income wherever possible. And in many cases, the reciprocal value doesn’t have to be money – you can trade anything, as long as the one making the money reciprocates!
We all have tons of books, CD’s, educational programs that we paid too much for at overpriced seminars, DVD’s, and audio programs at home, most of which we will never look at again, if we ever did in the first place. Yet we continue to buy new stuff.
How about twenty friends decided to have a little swap meet, get together for pizza, and swap their CD’s., etc? Everyone would get excellent value, at no cost!
Marketing is usually confused with selling. Using attraction marketing is a very powerful and effective way to get more customers. Instead of selling stuff, give stuff away! Especially when it doesn’t cost you anything!
Joint Venture with people who want to get their products and services into the market place by giving away their Gift Certificates for courses, consultations, cleanings, evaluations, samples, reports, conference calls, etc., and everyone wins.
I was in England last week, and a good friend’s wife is very connected in Africa. I thought of another friend of mine in Canada who can almost certainly do business with her, so I e-mailed him to ask exactly what commissions I would receive if I connected him with my African connection. If I like the commission structure, I will send ONE e-mail to make the connection, sit back, and wait for a check. It’s that easy.
JV’s can be TRIANGULATED: Those are the best, easiest, and most lucrative. Connect Tom and Peter, and collect an ongoing commission on any business they ever do, as with my African connection illustration above.
I had a fellow distribute someone else’s complimentary report to his database, and it earned me ten thousand dollars.
You can trade anything in JV’s – people have traded my JV Broker Bootcamp tickets for beef, pots and pans, advertising, hotel rooms, you name it. You can be as creative as you like!
You should only do business and set up Joint Ventures with good people whom you know, like and trust, or have been referred to you by trusted friends, hence the DollarMakers Joint Venture Club.
Online “JV’s” with anonymous people can hurt you and your reputation more than you can imagine.
With the right training, access, and support, anyone can make money and even retire through the power of Joint Ventures. I have; twice.
