Robin J. Elliott: Joint Ventures with the Prophet of Profit, Training, Strategic Alliances

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Archive for March, 2005

Sample Joint Venture Marketing Agreement

Some of you insisted on seeing samples of what JV agreements look like, including joint venture declaration forms, sample joint venture agreements, mining joint venture agreement form, etc., so here they are.
But please remember, the most important part of a JV is WHOM you’re partnering with.
For more on JV’s, Click here.
For those sample agreements, Click here.

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Joint Venture + Non-disclosure Agreement

Many business owners are intimidated by the belief that they need intricate and expensive joint venture agreements and non-disclosure agreements. They are literally held back from massive increases and profits by this erroneous perception.

The key to successful JV’s is to understand the process and principles, and, most importantly, to meet the right people. You can institute a very successful JV with no money and no risk, without a written agreement. I have done successful JV’s for eighteen yers, and only three ever had agreements in place. In fact, the most lucrative JV’s I ever did were done on a handshake, with no risk. For more information, click here.

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Advantages and Disadvantages of Joint Venture

Smart entrepreneurs and business owners know that Joint Ventures are the fastest and most effective way to radically increase sales and profits with virtually no money and no risk, as long as its done correctly.
The Advantages of Joint Ventures are speed, access, sharing of resources and the leveraging of underutilized resources, high profits, back end income, low or no risk opportunities and massive leverage.
The Disadvantages of Joint Ventures are the possibility of being ripped off or disappointed by unscrupulous and unprofessional JV partners, and hurting your reputation and/or customers and associates by associating with the wrong people, even unknowingly.
There is a way to locate and contact really solid JV partners, however. The DollarMakers Joint Venture Forum might be the solution for you. We carefully screen Members and the support and education provided are very effective. For more information on the advantages and disadvantages of joint venture, and on the DollarMakers Joint Venture Forum, Click here.

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Warning! Dead Parrots Ahead!

In Monty Python’s Flying Circus, there’s an explanation for a parrot’s lack of responsiveness: “It’s not pining, it’s passed on. This parrot is no more. It has ceased to be. It’s expired and gone to meet its maker. This is a late parrot. It’s a stiff. Bereft of life, it rests in peace. If you hadn’t nailed it to the perch, it would be pushing up the daisies. It’s rung down the curtain and joined the choir invisible. This is an ex-parrot.”

There are three kinds of people in the world: Eagles, ducks and dead parrots. Dead Parrots – the world is full of them. They are the people who talk the talk but who never walk the walk, people who copy the words of great men, but have no life of their own. They masquerade as leaders and saviors. They know all the words and all the answers and they have studied much, but their lives are meaningless meanderings of mediocrity and compromise. They hold office, hold forth, but don’t hold any water. They are professors in universities, bureaucrats, mayors of cities and leaders of unions. Figureheads, mouthpieces, slaves. They fear and avoid innovation and creativity at all costs. They are simply parrots and they have no life, no spark, no courage and no integrity. There is a Nykusa proverb that goes, “The dead if not separated from the living, bring madness upon them.”

We have to be careful of pretenders and posers. Avoid the fakes and the shadows. The puppets look real, but they’re not; they’re vitriolic ventriloquist’s dolls and they have no conscience. The maps they share are of cities that don’t exist. Their plans are bogus and their promises are lies. Dead Parrots parade proudly through the herd (the ducks), impressing the plebs, amazing the village idiot and, most of all, consuming the creations of the visionaries and producers (the Eagles). We all pity the ducks – they’re the hoi polloi, the stagnant masses, seething humanity. Pretty harmless unless they gang up and group dynamics goes to work, but generally anemic. It’s the Dead Parrots that we have to be careful of.

The sycophantic ducks mindlessly go about their business, looking for a leader to follow, joining the cults, serving the collectivist Dead Parrots and gratefully accepting survival. The Eagles create, produce, lead, innovate and soar. And while the Dead Parrots tolerate, use and abuse the ducks, they hate and fear the Eagles. They gladhand and backslap the Eagles while at the same time backhanding, backstabbing and undermining them. They copy them and then try to kill them. The ducks will frustrate us Eagles and steal from us, but Dead Parrots are out to destroy us and our work.

Eagles are realizing that we need to protect and assist each other. We need to stand together and form a tight formation of interdependent winners. As the “Atlas Shrugged” story goes, “Dagny discovers that all the great minds who retired and vanished from society now live and work in this remote Colorado valley. Ellis Wyatt is here, as are the other Colorado industrialists. Ken Danagger has joined them. The great banker Midas Mulligan owns the valley, and the philosopher Hugh Akston and composer Richard Halley reside here also. Dagny learns, not surprisingly, that Francisco d’Anconia is another thinker who has come here to be free from the looters’ oppressive code.” Click here now for a solution.

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The Importance of Action

Kobus and I were drafted into the army at the age of seventeen. We became good friends during our basic training (boot camp) and then attended the Operations Intelligence training program together before being placed at an air force base. We had a lot of fun which included getting drunk, jabbing a hole into the door of an airplane with the blades of a forklift, overturning a battery-operated luggage cart and smashing the back of a staff sergeant’s car with the same forklift. I loved the army.

After the army we went our separate ways, but remained friends. We boated, camped and stayed in touch. I worked in a government department and then got a bursary for Hotel School and Kobus trained and then worked as psychiatric nurse. He got married and caught his new wife in bed with another woman three nights later. He remarried and became a medical rep. While working as a salesman, the man who tended his garden told Kobus that he could make personalized resin pen holders that Kobus could sell to the doctors he was calling on. This became a lucrative sideline until the gardener told him that he could also teach him how to make resin baths, basins and commodes. Kobus put him to work in his garage and soon had his own factory. Two years later, he was a millionaire.

I tell you this story because it’s not about education. There are many educated people around who have no money, no success, no vision. The universities and colleges make their money by promising people they’ll succeed because of education. And it’s not about ideas – many of us have great ideas that we keep in a box on a shelf somewhere. It’s all about TAKING ACTION. THAT is what defines the winner and the conqueror. Action is what separates the men from the boys. Talk is cheap. Kobus had the guts to take action. And to bounce back when things went wrong. Goethe said, “The moment one definitely commits oneself, then Providence moves too. All sorts of things occur to help one that would never otherwise have occurred. A whole stream of events issues from the decision, raising in one’s favor all manner of unforeseen incidents and meetings and material assistance, which no man could have dreamed would have come his way.”

Taking action means moving, getting off the coach and out of bed, doing the difficult things and taking risks. In business, even the things that don’t work, work. That’s because we learn from success as well as from failure. If you’re not failing often, you’re not taking enough action! The more failures, the closer you get to success. Stop talking and start walking. DO something. Pick up that phone, write that letter, go to that meeting. Woody Allen said that 90% pf success is showing up. You never know whom you’ll meet! You don’t stumble across opportunities watching television. You don’t meet many winners in a bar or a casino. Alfred Adler said, “Trust only movement. Life happens at the level of events, not of words. Trust movement.” Finally, we build trust by what we DO, not by what we SAY. Take action. Benjamin Disraeli said, “Action may not always bring happiness, but there is no happiness without action.”

Click Here: http://www.dollarmakers.com/JVForum.htm

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