Wayne Dyer said:

“Abundance is not something we acquire. It is something we tune into.”

This is true in business as well as in life. We don’t have money problems; we have thinking problems. Many people have a “Shrinking Pie” mentality - they think in terms of shortage and limitations. They’re afraid of the competition. The fact is that everything you could possibly require for your business is already, easily available to you.

How Do You Get at It?

You can unlock this vault through Joint Ventures. Whatever it is that you need, be it space, advertising, distribution, a sales team, labor, equipment reputation, a database or anything else, as long as someone else has it, you can get access to it!

Most businesses have underutilized resources. Not every resource in every business is fully utilized. I visited my printer the other day to discuss the printing of my new book and I found that he also, at time, has excess capacity or inventory.

• Could people put more seats into their seminars?
• Add a few more seats in a restaurant?
• Do they have inventory that isn’t moving?
• Idle staff members?

Of course they do.

See the Opportunity & Make It Worth Their While

Once we realize that these resources are all available to us, be they seats on aircraft, rooms in hotels or credit, memberships, cars, printers or time, we have to understand how to access that resource with no cost or risk to us. Once we realize that the Law of Reciprocity works very well when understood, just like gravity, we can simply use that law. We can barter, trade, or simply set up simple Joint Ventures to leverage resources.

• How big do you think?
• What do you expect?
• How confident are you?

This will determine how much you can get.

Real-life Examples

If you ask for a million, you might get it. If you ask for a hundred… You simply have to give the owner or controller of those resources a good reason to share them with you. If he gets what he wants, you can get what you want. Here are some real-life examples from Barternews.com:

1. Peter Pocklington acquired 50% of the Edmonton Oilers from Nelson Skalbania in 1977 in exchange for a Rolls Royce, a 15-carat ring, and a Renoir painting.
2. Continental Airlines traded five terminal gates it had at Los Angeles International to United Airlines for several of their gates at the Newark (NJ) airport.
3. Star Wars creator George Lucas’ company Lucasfilm is quietly negotiating a huge barter deal that will see one company having the toy manufacturing rights to a new series of his upcoming films. Offers reportedly approaching $1 billion are on the table with Lucas getting a sizable equity (ownership) stake in the toy company with which he eventually barters.

Your Only Limitation

Your imagination is your only limitation. Together, we can do amazing things. It’s hard to do it alone, and you don’t have to. ASK. “You have not because you ask not.” Be bold. Find out what the other person wants and trade. Everything you need is readily available and waiting for you!

After absorbing “Rich Dad, Poor Dad” and other books by the amazing Robert Kiyosak and working with many “Business Owners” I realized that most of us are unaware of the requirements for retirement. We tend to fall for the lie that we have to invest a fortune with various characters, usually in the form of “investments” or the purchase of businesses, and get into massive debt, in order to have the hope of retiring one day.

Here’s a simple question: If the genius offering you the solution to retirement is steeped in debt and working as a salesperson, what right does he or she have to tell YOU about retirement?

A Very Simple Formula for Retirement

Here’s a very simple formula for retirement:

Create increasing, passive / residual income that exceeds the amount you require to live comfortably each month.

That doesn’t mean:

• you’re out there selling stuff all day.
• It doesn’t mean that you need a fortune just to break even every month.
• Or that if you stop working, you go bankrupt.
• It doesn’t mean that you lose your savings if your business fails or the stock market crashes.

It means you are very secure. It means you have multiple streams of passive income, from different sources / industries, low-income requirements and minimal, if any, debt.

Do You Have a Plan?

Every business should have an exit strategy. We need a specific action plan that will take us where we want to go.

You’re at risk if…

• you’re selling time.
• you’re depending on one income source
• you think that things don’t change or that that the economy doesn’t change.
• all your income is through your business. All your eggs are in one basket.

If you focus on duplication, leverage and diversification, if you reduce risk and overhead while increasing income, you’re on track. And most of all, remember this: It’s not about income – it’s about net, after tax, profit. It’s about the bottom line, not ego.

How long does it take to retire?

As long as it takes you to create increasing, passive / residual income from different sources that exceeds the amount you require to live comfortably each month. And of course you want to minimize tax and create a comfortable, growing, financial cushion.

You don’t have to accumulate massive savings. (And when you’re asked to invest, ask the salesperson to prove how much they have invested in the same venture.) There are some excellent investment opportunities out there, but they are few and far between. I know of very few.

Use Joint Ventures!

The system I use is Joint Ventures. Have done for 19 years.

• I leverage existing resources and hidden assets.
• I don’t have to own a business to make money from that business, and all my income from Joint Ventures is 100% profit.
• I carry no risk, leases, licenses, overhead or employees or inventory – I don’t have to – someone else insists on doing that.
• I can work internationally with no cost or risk.

So can you. When you fly to another city, do you buy a jet and learn how to fly it? You can just rent a seat. Joint Ventures is my system of choice.

There are a LOT of real estate investors around. Many of them are doing well by taking advantage of the soaring property prices and the equity that affords them. Those who are good at what they do, are making good money. What is their biggest challenge, I wanted to know?

CASH FLOW.

While all the deals and purchases are happening and capital is tied up and things happen in the normal world of the real estate investors, they sometimes have cash flow challenges. And the fastest and best way to get around that is to use Joint Ventures.

Tapping into the Back-end

Because JV’s allow us to earn 100% profit on other peoples’ businesses, using other peoples’ resources and time. You can leverage your relationships and client base and create very lucrative back-end income relatively easily, once you understand that all your income doesn’t have to come from real estate.

What else does your market want & need?

Joint Ventures allow us the luxury of creating cash flow with no money or risk and very little time. But we have to “think outside the box” and have an inclusive mindset. That means you move beyond the realm of real estate and seek to meet other needs, while at the same time being well paid for doing so. The people who invest in real estate have other needs, too - they buy all sorts of other products and services. Why not insert yourself into that cash flow loop and become a tollgate on the bridge of that financial transaction as well?

You want to be free to do what you like, when you like, right?

You want to be free to go where you wish, when you wish, and to be able to afford to buy what you want. Ayn Rand said:

“Freedom is to ask for nothing, to expect nothing and to depend on nothing.”

Sounds good to me. But, to many people, this just seems like an impossible dream.

A Simple Plan to Create Freedom in Your Life

In fact, you can create this freedom in your own life to a large extent. It won’t happen overnight, but it can happen. You can consciously and systematically create this free lifestyle. I have. And you can, too. This is a technology, not some “Pie in the sky” scheme. It’s not MLM or Network Marketing. It’s proven and it works. Here is a simple plan to create freedom in your life: more than enough time and money and independence for you.

You Don’t Need Millions in the Bank to Retire

We should remember that Robert Kiosaki, in his “Rich Dad, Poor Dad” book, told us that you don’t need millions in the bank to retire.

What you do need is more passive income than you need to live comfortably on.

That’s not what some “financial planners” will tell you; they want to sell you lots of risky stocks and bonds and they tell you that you need millions in the bank. So, if you need $5,000 a month to live on and your income exceeds that, plus you have a little financial cushion stashed away for unexpected costs, you’re looking good!

Multiple Streams of Income Removes Risk

And we all know that it’s better, by far, to have multiple streams of income than just one. That way, we reduce our risk, don’t we? Not all your eggs in one basket. Have many baskets, so you can afford to drop some and still survive. Spread the risk. That way, you don’t lie awake at night, worrying about losing your income because of a crash in the stock market, a grumpy boss or a dishonest business associate.

10 Simple Steps to Create Time and Money Freedom

So, step by step, this is what we need to create time and money freedom and peace of mind, and all the quality of life that brings with it; ten simple steps:

1. Reduce and remove debts and overhead.

Most people buy things they don’t need and can’t afford, with money they don’t have, to impress people they don’t like. We need to reduce our monthly expenses and cut away the fat. Do you really need two cars and all the flash? The less you need to live on every month, the easier it is to get free. Take a good, hard look at your expenses and lifestyle. Do your things own you?

2.  Make sure you are properly insured against lawsuits and unexpected loss.

Get many quotes and be very careful which salesperson you talk with. Remember, the salesperson wants as much commission as he can get out of you. A healthy dose of skepticism is a good thing here.

When I was offered dental insurance and I looked at my benefits and costs, I decided to do without. It has saved me thousands of dollars. Read the small print; insurance companies really don’t want to pay you.

3.  Incorporate your business for protection and definitely have a business.

The tax breaks are excellent, especially if you’re a Joint Venture Broker as there are many more deductibles, including trips, entertainment and the like.

4.  Remove unnecessary costs and especially regular costs from your life.

5.  Organize Your Finances.

Visit your bank manager and the competition bank manager and an accountant. Look at refinancing and reorganizing your debts, line of credit, credit cards and mortgage – this exercise alone can save you a fortune and radically reduce your monthly costs.

6.  Simplify your life as much as possible.

What can be cut out? What is working, and what is not working? Are you attending a club or group out of habit, but not really getting any benefit anymore? And it’s costing you money? How much time and money will you save by leaving?

7. Educate yourself.

• Read Robert Kiosaki’s books.
• Read Ayn Rand’s “Atlas Shrugged”.
• Read “Think and Grow Rich” – again.
• Attend courses. Don’t go out and spend a fortune on schemes and dreams and “get rich quick” schemes. Be very careful. Attend free seminars but don’t buy stuff when the speaker turns into a used car salesman at the end and the mindless herd goes scurrying to the back of the room to buy his overpriced products. Sleep on it first. Don’t get emotionally whipped up.
• The more you learn, the more you earn. Understand money and debt.
• Examine your thinking and attitudes. We don’t have money problems; we have thinking problems.

8. Align yourself with winners, not whiners.

If we mix with people who are richer, wiser and more successful than we are, we will earn more as we learn more. Be open-minded and get that ego out of the way. People who are free can teach you how to be free. You don’t learn by talking; you learn by listening and then applying the new information.

9. Maintain the Joint Venture Broker mindset.

In everything, maintain the Joint Venture Broker mindset: “No Money, No Risk, Very Little Time.” You don’t have to pay for things when you understand Joint Ventures. You can trade, barter and Joint Venture.

10. Become a Joint Venture Broker and create multiple streams of increasing, passive income.

• Maximum potential
• Unlimited opportunities
• No geographic limitations
• No industry limitations
• Anyone can do it, regardless of education, age or background.
• All you need is access to a telephone. If you have internet access, even better.
• Work from home, a car, a beach, a forest, a hotel, an airport, or a wheelbarrow if you like.
• And you don’t have to go out and buy a business, sell stuff, sign leases, employ people or buy inventory. You can use existing resources – everything you need is available through other people and other businesses.

When Rika and I sold houses years ago, we did well. Because we used Joint Ventures. The first house I sold, I hadn’t even seen before. Worse still, I had never even read the contract. I got buyer to help me understand the contract! We sold a lot. How did we do it?

…And how can hard working realtors differentiate themselves in a very competitive market, dramatically increase sales and create multiple, additional streams of residual income at the same time?

1. Access the Right Demographic

First, we used simple Joint Ventures to access the right demographic. You don’t need the access to people as long as someone else has it. We piggybacked our marketing on existing distribution and used Host Beneficiary relationships.

2. Add Massive Value.

Then we used massive, added value to differentiate ourselves, again leveraging other peoples’ resources at no cost or risk to ourselves. You don’t need to own a cow in order to get milk. And you can get the milk at no cost, if you know how to offer real and compelling reciprocal value.

3. Only Aim to Solve Problems.

Most importantly, we never “sold” – we solved the buyer’s problems.

4. Leverage the Competition.

We had no shortage of inventory because we worked with our “competitors”. Only the egotistical, vain and stupid are afraid of their “competition”.

5. Keep it Real.

I didn’t use a 15 year old photograph of myself on a business card or the back of a bus. We were real people. Slick is scary.

6. Get Exposure Without Risk.

We branded ourselves effectively, again using JVs, so that we weren’t some unknown quantity. We were known and respected by leveraging relationships and exposure. So trust was never an issue for our prospects.

7. Set up a Back-end!!!

Best of all, we created multiple streams of income, a serious back-end that far exceeded the commissions we earned. Fifteen businesses partnered with us to meet the needs of our clients and even those who didn’t buy houses from us.

8. Adopt a JV Mindset.

The Joint Venture mindset is far removed from the “self employed salesperson” we see so much of today. It’s based on Zig Ziglar’s premise, “You can get anything you want out of life, if you’re prepared to help enough other people to get what they want.” It takes a bit to get used to and understand. Knowing about something and actually using and understanding it are worlds apart. But, once you start using it, everything changes, including, I’m pleased to inform you, your bottom line. This applies to any business or profession. You don’t have to try hard to persuade a starving man to eat.

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.

I asked the bell captain to call a cab for me to get to the train station for my trip to Ottawa. He replied that, with all the freezing snow Montreal was enjoying that morning, a cab would take 45 minutes to arrive! Shock and awe – what was I to do? I had meetings and a seminar lined up in Ottawa – carefully planned down to the last minute. I couldn’t afford to miss that train!

Then I realized that the bell captain was still there, talking. He was saying, “But, Mr. Elliott, why not take the underground to the train station? It’s right around the corner, here.” In only twenty minutes I was at the station via the underground, saved money on the cab and enjoyed a great, relaxing train ride to Ottawa.

Has Conditioning Got in the Way?

When he walked into the huge seminar venue in the Toronto hotel, he seemed pretty professional and successful Well dressed and groomed, poised, aware. He handed me his business card and I was impressed. Thirty minutes into my seminar, I asked the audience, “How many of you think this looks ‘Too good to be true’?” and the same man put up his hand. Shock and awe! It was hard to believe that this sophisticated businessman was, in fact, seriously handicapped by his mental conditioning. We all are. How many wonderful opportunities have we all missed, because our conditioning got in the way? We all have mental programming that hampers and restricts us.

We don’t have money problems, we have thinking problems.

The same goes for technology – I searched for YEARS to find a way to record sound bytes on my computer at home and then to e-mail them. It only took one e-mail from Member Andrew Cavanagh in Australia, and within ten minutes I had the solution, which has been working great ever since.

We don’t have money problems, we have thinking problems. And the same goes for everything else. We already have whatever we want and need – it’s all in the way we think. Understanding that we have mental blocks is the first step on the road to overcoming all obstacles on our way to success.

The Fastest Way I Have Discovered to Get Over Blocks

Other people know things that we don’t know. They have different perspectives and they know how to get to the train station. The fastest way I have discovered to getting over, under and around mental blocks is by associating with a wide variety of Eagles through our DollarMakers Joint Venture Forum.

Hundreds of ethical people around the world with a Joint Venture Mindset are available to help me to succeed in a win/win way. They have different frames of reference, experience, skills, connections, access and resources that are readily available. We help each other to see through the mental blocks and solve problems. Together, we can do amazing things.