Unleash the Power of Joint Ventures in Your Life
Unleash the Power of Joint Ventures in Your Life
The large Fortune 500 companies all use Joint Ventures – Sony, Pfizer, Disney, you name it. In fact, at least 20% of their income is said to come from JV’s. But only 1% of small businesses understands and uses Joint Ventures. You can radically increase your income in a short amount of time with no cost or risk and very little time, using JV’s. And it doesn’t matter whether you have a business or not! You can start earning real money in the real world, real fast, once you understand this mindset.
When you are focused on selling one product line or service, you are restricted to seasonal highs and lows, perhaps geographical restraints, and also market size restrictions. So when you visit a business networking meeting, for example, you have a small number of potential customers and a very limited income opportunity. If you’re selling your time, like a coach or consultant, you’re even more limited. But what would happen if you could make money from every person in the room? What if all geographical and physical barriers were removed? And what if you had no overhead or cost of sales? That’s what understanding Joint Ventures can do for you.
Instead of trying to rewrite my latest book, let’s discuss just one simple JV idea that you can take away and use immediately in your own life. To put the idea in context, imagine if my physician was to call all his customers or spam them and say, “I have a special on hip replacements this week!” He would never do that. Yet, that is what salespeople do all the time! Instead, my doctor is like a Joint Venture Broker: He examines me, asks many questions, and then directs me to a solution to my problem. He doesn’t have to sell me anything. He doesn’t talk about himself. He is paid for solving my problem. And he doesn’t have to do the work or supply the products himself.
So let’s talk about one of my thirty JV systems: Triangulation. Many years ago, I was training hair and beauty salons to use Joint Ventures to double and quadruple their profits. It took me nine months to get four clients and each one paid me a thousand dollars per month. $4,000 per month after nine months. I gave a talk to a large group of hairstylists and was approached by Maxim Krok, who owned the Redken product rights for that country. He said, “Robin, I want to get my hair care products into more salons and you want to train more salons. Let’s Joint Venture. I will promote you though my sales team, and in exchange you must agree to train only salons that use Redken products.” I agreed, and in four days, my income rocketed to from $4,000 per month to $20,000 per month. It would have taken me four YEARS on my own. With a no cost, no risk JV, it took just four DAYS. Win/win.
Here’s the Triangulation option. (We take a full day to teach all these options, plus ongoing training and support – this is just a taste.) Imagine if you were brand new in the country with no database, no business, no money or reputation and no computer. You could have approached me and said, “Robin, if I get you into more salons, would you pay me 20% of the additional gross revenues?” I would naturally have agreed, because 80% of something is worth more than 100% of nothing. Then you could have talked with Maxim, and asked, “Maxim, if I can get your products into more salons, would you pay me an ongoing percentage of all the sales to that salon?” Maxim is a smart man so he would probably have agreed. (If he didn’t, you could approach his competitors!) Then you would have put me and Maxim together and earned yourself $3,200 per month from me and a large amount from Maxim every month, while you sat at home watching the History Channel. Because, to Joint Venture Brokers, hard work is history!
By creating multiple sources of income from different industries, without spending time and money, using the resources, time, money, credit and products of others, your income in constant, growing, regular and 100% profit. You remove all the barriers and income spikes I spoke of earlier, take away the risk and worry, reduce your overhead and have fun. This is the power of Joint Ventures that you can unleash in your life today. There is no limit to what you can achieve once you acquire the Joint Venture Mindset. And we have over 400 Members of the DollarMakers Joint Venture Forum who understand JV’s and are looking for more people to do JV’s with!
If you would like more information, free downloads, podcasts and more, visit my website: www.DollarMakers.com Let’s create the future you deserve. Together, we can do amazing things.
Robin J. Elliott
Unleash the Power of Joint Ventures in Your Life - To learn more about this author, visit Robin Elliott's Website.
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We have been programmed to believe that we have to work long and hard and take risks in order to become financially free. We were told, “You have to focus on your core business” and “The higher the risk, the higher the return”. So it’s no wonder that 87% of small businesses fail and that so many of us experience the “Feast or Famine”, ‘Chicken or Feathers” ups and downs of cashflow. We’re thinking Industrial Age when we’re really in the Information Age! I have good news for you. It’s time for a change in your business!
The large Fortune 500 companies all use Joint Ventures – Sony, Pfizer, Disney, you name it. In fact, at least 20% of their income is said to come from JV’s. But only 1% of small businesses understands and uses Joint Ventures. You can radically increase your income in a short amount of time with no cost or risk and very little time, using JV’s. And it doesn’t matter whether you have a business or not! You can start earning real money in the real world, real fast, once you understand this mindset.
When you are focused on selling one product line or service, you are restricted to seasonal highs and lows, perhaps geographical restraints, and also market size restrictions. So when you visit a business networking meeting, for example, you have a small number of potential customers and a very limited income opportunity. If you’re selling your time, like a coach or consultant, you’re even more limited. But what would happen if you could make money from every person in the room? What if all geographical and physical barriers were removed? And what if you had no overhead or cost of sales? That’s what understanding Joint Ventures can do for you.
Instead of trying to rewrite my latest book, let’s discuss just one simple JV idea that you can take away and use immediately in your own life. To put the idea in context, imagine if my physician was to call all his customers or spam them and say, “I have a special on hip replacements this week!” He would never do that. Yet, that is what salespeople do all the time! Instead, my doctor is like a Joint Venture Broker: He examines me, asks many questions, and then directs me to a solution to my problem. He doesn’t have to sell me anything. He doesn’t talk about himself. He is paid for solving my problem. And he doesn’t have to do the work or supply the products himself.
So let’s talk about one of my thirty JV systems: Triangulation. Many years ago, I was training hair and beauty salons to use Joint Ventures to double and quadruple their profits. It took me nine months to get four clients and each one paid me a thousand dollars per month. $4,000 per month after nine months. I gave a talk to a large group of hairstylists and was approached by Maxim Krok, who owned the Redken product rights for that country. He said, “Robin, I want to get my hair care products into more salons and you want to train more salons. Let’s Joint Venture. I will promote you though my sales team, and in exchange you must agree to train only salons that use Redken products.” I agreed, and in four days, my income rocketed to from $4,000 per month to $20,000 per month. It would have taken me four YEARS on my own. With a no cost, no risk JV, it took just four DAYS. Win/win.
Here’s the Triangulation option. (We take a full day to teach all these options, plus ongoing training and support – this is just a taste.) Imagine if you were brand new in the country with no database, no business, no money or reputation and no computer. You could have approached me and said, “Robin, if I get you into more salons, would you pay me 20% of the additional gross revenues?” I would naturally have agreed, because 80% of something is worth more than 100% of nothing. Then you could have talked with Maxim, and asked, “Maxim, if I can get your products into more salons, would you pay me an ongoing percentage of all the sales to that salon?” Maxim is a smart man so he would probably have agreed. (If he didn’t, you could approach his competitors!) Then you would have put me and Maxim together and earned yourself $3,200 per month from me and a large amount from Maxim every month, while you sat at home watching the History Channel. Because, to Joint Venture Brokers, hard work is history!
By creating multiple sources of income from different industries, without spending time and money, using the resources, time, money, credit and products of others, your income in constant, growing, regular and 100% profit. You remove all the barriers and income spikes I spoke of earlier, take away the risk and worry, reduce your overhead and have fun. This is the power of Joint Ventures that you can unleash in your life today. There is no limit to what you can achieve once you acquire the Joint Venture Mindset. And we have over 400 Members of the DollarMakers Joint Venture Forum who understand JV’s and are looking for more people to do JV’s with!
If you would like more information, free downloads, podcasts and more, visit my website: www.DollarMakers.com Let’s create the future you deserve. Together, we can do amazing things.
Robin J. Elliott
Unleash the Power of Joint Ventures in Your Life - To learn more about this author, visit Robin Elliott's Website.
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George LudwigGeorge Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website |
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power'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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Dave KurlanDave Kurlan is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
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