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Use This Joint Venture Secret Weapon

Written by: Robin Elliott

Article Overview: This will place you in the top 3%.

Use This Joint Venture Secret Weapon

When my mechanic told me that I needed to replace the water pump in my car, my first question was, “How much will that cost me?” His wise reply was, “Let me tell you what it will cost you if you DON’T replace it right now.”

Imagine a pilot, flying through a storm, who ignores his instruments. Even though his altimeter shows that he is losing altitude, he sighs, “Oh, it doesn’t FEEL like we’re dropping like a stone…” Ridiculous. Or the insurance salesperson who disregards the scoreboard on the wall and says, “I have a good felling about this coming week – I have a lot in the pipeline” or "My kids have been sick." We’ve all met salespeople who live in denial and use excuses to avoid reality. Then, of course, you find the people who will not accept that their spouses are having affairs, even though the entire world knows it. Maybe you know someone like that?

We all like to give people the benefit of the doubt. Nobody enjoys confrontation and it’s nice to be understanding and forgiving. It’s tempting to overlook the sins of other people; perhaps then they won’t notice our own shortcomings. It’s easier to close our eyes to uncomfortable realities. We don’t like to be reminded of the fact that we’re off target, slipping back or missing the mark. We tend to shoot the messenger, or hide weakness behind the guise of political correctness or “good manners”. It’s like taking the X-Ray that shows that the patient has cancer, and to avoid the treatments, we paint over the bad pictures. It doesn’t change the facts; it simply prolongs or delays the inevitable. In fact, it worsens the situation. Instead of intervening and correcting things, we escalate the downtrend and maximize the damage. Pay me now, or pay me later. Like the waterpump analogy, later is much more expensive.

Here is the secret weapon to Joint Venture Success: Set specific, measurable goals and refer back to them, measuring your success every single day. A guided missile corrects its course every fraction of a second. The autopilot in an airplane does the same thing. Measure, correct. Measure, correct. Adjust until you reach the goals. The more you measure and correct, the faster you will achieve success. Set the standards. Years ago, I met a man who told me that he could show me how to double my sales. I ask him how that would be possible. He asked me how many times a week I held sales meetings for my sales people, and I replied, “Once a week”. He said, “Hold a sales meeting every day and you will double and then quadruple your sales. The bad salespeople will leave because they don’t want to be held accountable. And your good salespeople will flourish.” I followed his advice and soon quadrupled my sales. Winners pay the price, while losers run away, crying that you're nasty.

Set specific, attainable, exciting, measurable goals for your Joint Ventures. Monitor them daily with your JV partners. Objectively confront and correct to make sure you stay on track. Be flexible and focus on the goals. Don’t allow excuses. Hold people accountable and be accountable. Be serious and committed to your goals, and you will have discovered the secret weapon to success.

Robin J. Elliott www.DollarMakers.com

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Related Forum Posts
Re: [JOINT VENTURE] Want FREE Staff? Want to Scale Up Massively? - Hi Alan, Welcome to the forum! [quote="Joint Venture":2bfdqwzb]Total transparency is a must when JVing with someone.[/quote:2bfdqwzb] What about when inviting people to send you their proposals...? Cheers, David H
Don't leave your Wallet on the table - Targetzone, Evan has great points on targeting you package. Also I read the revenue model you mentioned and i believe you are leaving a lot of money on the table. Aisde from making just $15/sale of a package you could also be making income from sales generated after the people use the coupon on their second and ongoing visits to the Service/Product company. I've sent you a PM - We can talk more advanced strategies. BTW - I'm a Dollarmakers Member and have taken the Joint Venture BootCamp 101 and highly recommend it if you wish to pursue this idea. PM me privately and we can talk.
Re: [JOINT VENTURE] Want FREE Staff? Want to Scale Up Massively? - [quote="Joint Venture":3738ldxh][quote="Ringo":3738ldxh]1) Credentials? Any website? Any client list? 2) Where do you get your staff from? How? I mean if i really am going to hand over a lot of sensitive information to be handled by staff of your choosing, I'll need to know how you operate with total transparency.[/quote:3738ldxh] Ringo, 1) Send me an email with your proposal and if I like it I shall disclose all that your need. 2) That's my USP! Total transparency is a must when JVing with someone. Let me know your proposal and we may discuss it. In regards to staff dealing with your sensitive information, compartmentalize the data. Have different teams deal with only a section of the whole picture. [quote="ideasuniversity":3738ldxh]How long have you been doing this? And what are your success rate?[/quote:3738ldxh] Joint venturing? I have done JVs before and had good success. This JV? Brand new. New source of staff. Success rate? I've made a good bit money! [quote="Trent Brownrigg":3738ldxh]This same person posted this exact same post several times at another forum I moderate. Now, he is posting it here as his very first post. I consider that to be a spammer![/quote:3738ldxh] I consider it being proactive! Sorry if I have stepped on anyone's toes. Not my intentions. Look forward to reading more of your emails, Alan[/quote:3738ldxh] Let have your website.
Re: need a capitalist to hear me out - If you have solid business plan, there are thousands of Angel Investors and Venture Capitalists that will fund your project. Google "Venture Capitalist" and you will get tons of investors who are ready to fund your project
Re: [JOINT VENTURE] Want FREE Staff? Want to Scale Up Massively? - [quote="Joint Venture":1ofoz1sm] [quote="Trent Brownrigg":1ofoz1sm]This same person posted this exact same post several times at another forum I moderate. Now, he is posting it here as his very first post. I consider that to be a spammer![/quote:1ofoz1sm] I consider it being proactive! Sorry if I have stepped on anyone's toes. Not my intentions. Look forward to reading more of your emails, Alan[/quote:1ofoz1sm] Well, I will give you credit for at least coming back here and replying. But just an fyi that you will be seen as a spammer if you post the same thing on a bunch of different forums, especially if you post it more than once on any one forum. You should be careful about that because a lot of people are members of the same forums.


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