Yesterday, I said to Rika, “Our monthly passive income jumped by $600 today.” She replied, “Yes, that work paid off.” There are two types of passive income that result from Joint Ventures. The first type is a quick deal, very nice, happens, and is always welcome. The second is the most common, though – it is built on relationships and reciprocity and becomes the proverbial goose that lays golden eggs. Both work. You could arrange a Joint Venture today that pays you monthly/regular passive income for years to come, and other deals take a while, but are generally more stable.
A good example of a solid foundation for a reciprocal JV foundation is the one between DollarMakers and Nathan Gilder, (pictured right) who is also a Member of the DollarMakers Joint Venture Forum. Nathan is a gifted digital animator who would like more business. DollarMakers needs visual depictions to illustrate the process of Joint Ventures. I suggested to Nathan that we consider a JV where he provides us this visual communication in return for exposure via our websites, ezines ad this Blog. This is based on a very successful model that other animators used to piggyback on the exposure well-established political writers. Nathan, being a smart man, agreed. He did a fantastic job. Click Here to see the first animation he created for us with his team at Terrasynth, depicting DollarMakers as a Money Magnet.
And here’s the interesting thing: No money was exchanged, no commission structure is in place yet, and all we’re doing is building the relationship. Passive income is like water running downhill. Money always flows to value. It finds a way to get to you. If you’re creating a mountain of value for others, all the rain on the mountain will flow down to you. The rain represents money. It doesn’t always run the way you expect it to, but it always ends up in the ocean – your pocket. Value creates money. As long as your Joint Venture partners are honest, that is. And that’s why we created the Joint Venture Forum – so that honest, smart people can work together to achieve their common goals.
To feed your passive income, create massive value with the right people. Be patient, positive and professional. What goes around, comes around, and that is a law – sowing and reaping – that is as solid as the law of gravity. Just as you trust the law of gravity to prevent you from floating off across a busy highway, so you can trust the law of sowing and reaping to create multiple streams of passive, Joint Venture income. But it works a lot better when you use exact methodologies and proven Joint Venture principles, than when you just leap about, randomly doing good deeds. You can fast track your passive income by applying the JV technology provided by DollarMakers. Instead of scattering your seeds on rocky ground, you can plant your efforts in fertile ground and work with credible professionals like Nathan Gilder. To learn more, visit www.DollarMakers.com
Robin J. Elliott
Joint Ventures Create Passive Income - To learn more about this author, visit Robin Elliott's Website.
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