Serious Warning for Entrepreneurs
Serious Warning for Entrepreneurs
That’s a disconcerting allegation, isn’t it? It’s true, though. Why are we in business? To sell our products and services? NO. We’re in business to make the maximum after tax profit. Is it important to focus on profit margin, volume and leverage? Of course it is. And that’s why at least 20% of the revenues of the large, Fortune 500 companies, come from Joint Ventures. Yet less than 1% of small and medium sized businesses understands and uses Joint Ventures. Joint Ventures allow us to focus on the bottom line instead of our products and services.
You can radically increase your profits, with no cost or risk, and very little additional time, by using JV’s. JV’s allow us to leverage existing resources and piggyback on other peoples’ distribution, advertising, underutilized assets, reputation, credit, access, products and services. All at no risk or cost. And the income from JV’s goes straight to your bottom line. We’ve all heard of Other Peoples’ Money. Now it’s time to use Other Peoples’ Resources. In fact, you don’t even need a business to do effective JV’s and create multiple streams of passive income. Spread your income (and therefore your risk) across multiple industries and geographic areas. All it takes is a mind shift from “I want” to “What do you need?”
Imagine a doctor who calls his patients and spams them with e-mail, offering a special deal on Hip Replacements, “This week only”. And when you get to his consulting room he takes your time telling you how smart he is. We laugh at that, because it’s ridiculous. Almost as ridiculous as when we waddle into a “Business Networking Meeting” thrusting our business card at people and broadcasting our “Elevator Speech”, trying to sell people our products and services. A small percentage might actually end up buying from you, but wouldn’t it be better if you could do business with everyone in the room, without selling anything? That’s exactly what a Joint Venture Broker does. And it works!
Your doctor doesn’t regale you with stories about all his successes and his qualifications. He examines you, asks you many questions, and points you in the direction of a solution, whether it is surgery, drugs, or orthotics for your shoes. And you gratefully scamper off to solve your problem. He doesn’t have to sell or persuade you. And he makes money. That’s what a JV Broker does. Bill has a problem, so the Broker links Bill up with Jim, who has the solution, and Jim pays the Broker a substantial commission for the business. The Broker solves problems, links people up, and creates those streams of regular income. It takes very little time and effort and one can remove the risk and cost. It can be as involved and diverse or as simple as you like.
How much business have you referred in the past, without being paid for it? This goes beyond knowing ABOUT JV’s – it’s about actually using ironclad, proven systems and JV technology to create a very attractive financial situation. And of course, your own business sales can grow exponentially, overnight, when you adopt this powerful and liberating mindset. Direct business to others and take a percentage at 100% margin to you. Link supply and demand. Become a kind of “Toll gate” on the money highway. Put the deal in play and get paid every time a transaction takes place. Set up money machine systems internationally and benefit from every new fad and trend without any investment or overhead. Get involved with multiple products and services at the same time. Cross sell, cross promote and leverage everything: That is the power of Joint Ventures. Real money, real world, real fast. Every resource you need is already available to you!
Serious Warning for Entrepreneurs - To learn more about this author, visit Robin Elliott's Website.
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WARNING! You are losing money every day!
That’s a disconcerting allegation, isn’t it? It’s true, though. Why are we in business? To sell our products and services? NO. We’re in business to make the maximum after tax profit. Is it important to focus on profit margin, volume and leverage? Of course it is. And that’s why at least 20% of the revenues of the large, Fortune 500 companies, come from Joint Ventures. Yet less than 1% of small and medium sized businesses understands and uses Joint Ventures. Joint Ventures allow us to focus on the bottom line instead of our products and services.
You can radically increase your profits, with no cost or risk, and very little additional time, by using JV’s. JV’s allow us to leverage existing resources and piggyback on other peoples’ distribution, advertising, underutilized assets, reputation, credit, access, products and services. All at no risk or cost. And the income from JV’s goes straight to your bottom line. We’ve all heard of Other Peoples’ Money. Now it’s time to use Other Peoples’ Resources. In fact, you don’t even need a business to do effective JV’s and create multiple streams of passive income. Spread your income (and therefore your risk) across multiple industries and geographic areas. All it takes is a mind shift from “I want” to “What do you need?”
Imagine a doctor who calls his patients and spams them with e-mail, offering a special deal on Hip Replacements, “This week only”. And when you get to his consulting room he takes your time telling you how smart he is. We laugh at that, because it’s ridiculous. Almost as ridiculous as when we waddle into a “Business Networking Meeting” thrusting our business card at people and broadcasting our “Elevator Speech”, trying to sell people our products and services. A small percentage might actually end up buying from you, but wouldn’t it be better if you could do business with everyone in the room, without selling anything? That’s exactly what a Joint Venture Broker does. And it works!
Your doctor doesn’t regale you with stories about all his successes and his qualifications. He examines you, asks you many questions, and points you in the direction of a solution, whether it is surgery, drugs, or orthotics for your shoes. And you gratefully scamper off to solve your problem. He doesn’t have to sell or persuade you. And he makes money. That’s what a JV Broker does. Bill has a problem, so the Broker links Bill up with Jim, who has the solution, and Jim pays the Broker a substantial commission for the business. The Broker solves problems, links people up, and creates those streams of regular income. It takes very little time and effort and one can remove the risk and cost. It can be as involved and diverse or as simple as you like.
How much business have you referred in the past, without being paid for it? This goes beyond knowing ABOUT JV’s – it’s about actually using ironclad, proven systems and JV technology to create a very attractive financial situation. And of course, your own business sales can grow exponentially, overnight, when you adopt this powerful and liberating mindset. Direct business to others and take a percentage at 100% margin to you. Link supply and demand. Become a kind of “Toll gate” on the money highway. Put the deal in play and get paid every time a transaction takes place. Set up money machine systems internationally and benefit from every new fad and trend without any investment or overhead. Get involved with multiple products and services at the same time. Cross sell, cross promote and leverage everything: That is the power of Joint Ventures. Real money, real world, real fast. Every resource you need is already available to you!
Serious Warning for Entrepreneurs - To learn more about this author, visit Robin Elliott's Website.
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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