Dollarmakers.com BLOG

Sunday, January 01, 2006

Joint Venture Potential

Sometimes, we need to look at the full potential of a Joint Venture in order to get really excited about it. As an example, I recently talked on the telephone with a gentleman in southern California about the potential amount of people in the world that could benefit from leaning how to broker Joint Ventures and achieve financial freedom. He got very excited.

First we looked at WHO could benefit. We agreed that age, background, education, geographic location and financial situation were not a factor. As long as a person was motivated, reasonably intelligent and had the ability to communicate, as well as learn the basic principles of Joint Ventures, they could make real money, soon, with no cost or risk.

Then we looked at WHY someone would want to use JV’s. Anyone who needs money, from employees who want to supplement their income to scholars, school leavers, entrepreneurs and business owners (not necessarily the same thing) who want top boost sales and profits, seniors, college graduates, immigrants… ANYONE who needs more money without an investment or risk and who didn’t want to wait a long time to get the money!
Also, when we know that, statistically, 87% of new businesses will fail, many people are afraid of risking their savings, time and reputation in some “Business Opportunity”. Joint Ventures is a great alternative. In fact, in my opinion, it is the only alternative.

We also looked at the other reasons why Joint Ventures would appeal to people. By earning more money and creating a regular flow of passive income, they could regain their dignity and self respect, security and control, privacy and quality of life. They could look after their family, enjoy holidays and educate their children and themselves. Visit a few seniors homes and talk with anyone who has financial problems and I know you’ll agree with me.

All of a sudden, this fellow in California got very excited at this massive potential. He asked me a simple question: “If I can get you onto radio stations and in front of people, will you pay me commissions on all resulting business?” Of course I will! Then he asked, “Can you create products to fit different situations and industries?” Naturally, I can.
When we see huge potential and we have a viable, proven tool to take advantage of that potential, we get excited, then we take action, then we get rich. Because Zig Ziglar said, “You can get anything you want out of life, if you’re prepared to help enough other people to get what they want.”

More Information: www.DollarMakers.com

Robin J. Elliott has been officially included in the International Who's Who of Entrepreneurs in 2002 and has been nominated as a candidate for inclusion in the 2004-2005 edition of the International Who's Who of Professionals.

Examples of Three, Simple Joint Ventures

When people think Joint Ventures are complicated or difficult, it’s good to review some simple examples of real JV’s that I have recently done.Here are three of them:

A Member of the DollarMakers Joint Venture Forum (I only deal with Members) set up a meeting with a well-known seminar leader, who agreed to have me speak at one of his seminars. Out of the 30 people attending (each was paying $3,000 to attend the program), 14 signed up as Members. This is an unusually high percentage. Anyway, the seminar leader and the Member each made good commissions. This seminar leader has 3,500 people in his database and the next step is to arrange a more formal relationship and also to use a teleconference to sign up more Members. This is a win/win/win/win scenario, done with no cost or risk and very little time. The Member and seminar leader will naturally get good commissions on any of those new Members who attend Bootcamps in the future, as well.

Another Member, who is involved in a local church, is arranging for me to present a Bootcamp at the church as a fund raiser. We have agreed on a minimum amount payable per delegate, and all the money will go to the church. I will receive a tax receipt equal to the amount of money raised. We expect, given the amount of church members and the demographic profile, to raise between $5,000 and $10,000 for the day. The church incurs no cost or risk and uses very little time. I sign up new Members and the Member who arranges the JV gets paid on all Members that sign up. In addition, his own business will get great exposure. Everyone wins. This can work for service clubs, sports clubs and societies as well.

A third Member has linked me up with a well connected and influential entrepreneur in another country. All it took was a simple phone call. Any resulting bootcamps or business will make the Member serious money, and as I haven’t worked in that country before, the sky is the limit.

A Joint Venture Broker is simply someone who understands the power of linking people to solutions. You should spend very little time and money and take no risk. Once you have set the deal up, you can stand back and collect the regular income generated. That’s why JV’s is the ideal business. If you haven’t yet joined the DollarMakers Joint Venture Forum, you’re missing an amazing opportunity. Click here now.