Archive for January, 2006
DYI JV’s?
A man returns from a visit to his physician. On the way home, he stops by a medical center and buys a variety of surgical instruments. He drops into the local library and takes out some books. Then he buys a nurseâs outfit. When he gets home, he tells his wife, âThe doctor told me I need my appendix removed. I asked him a number of questions, and the good new is that we donât need him! Why should we spend thousands on an operation, when I could buy everything we need for a few hundred? Read these books tonight, and tomorrow you can don the uniform and operate on me. Now havenât you got a smart husband?â
IDIOT, right? Right. Many people have this same, cheap mentality. Why do you need a Burger King franchise when your mother makes such great burgers and you can buy used restaurant equipment? Is it arrogance, ignorance or a combination of both that encourages people to make such silly choices? âI donât need that techie to fix my computer! He charges an arm and a leg. Iâll do it myself!â Well, the techie loves to hear that, because a week later, after messing his computer up even more, that same fool will beg the techie to help him, at any cost. He will carry the techie on his back through crocodile-infested swamps and then make him tea⌠And perhaps the techie will charge a little moreâŚ
When my car breaks, I call Ray. When my computer breaks, I call Andrew. When I have accounting / tax problems, I call Raj. I donât negotiate or haggle with them. And they solve my problems fast. I am consciously incompetent. There are very few things Iâm really good at, and even in those areas there are many better than I am. I save a lot of time, money and frustration by paying experts. The same applies to Joint Ventures. We teach people, support them and encourage them in that area because we have 19 years of experience and we do this every single day. But, guess what? You have to pay to attend a Bootcamp or join the Forum. After that, we will support you. In Afrikaans, they say, âGoedkoop is duurkoop.â (Cheap is expensive.) Ever bought cheap shoes?
In Whistler, a fellow approached me at the end of a seminar I presented on Joint Ventures. He asked why the Bootcamp is âso expensiveâ at $997 for two people. I answered, âItâs probably not for you.â Why? Because he just revealed who he is. Successful people pay experts based on return on investment. How much does a shovel have to cost to be expensive when it is used to shovel gold into your carâs trunk?
Overcome Mental Blocks
I asked the bell captain to call a cab for me to get to the train station for my trip to Ottawa. He replied that, with all the freezing snow Montreal was enjoying that morning, a cab would take 45 minutes to arrive! Shock and awe â what was I to do? I had meetings and a seminar lined up in Ottawa â carefully planned down to the last minute. I couldnât afford to miss that train! Then I realized that the bell captain was still there, talking. He was saying, âBut, Mr. Elliott, why not take the underground to the train station? Itâs right around the corner, here.â In only twenty minutes I was at the station via the underground, saved money on the cab and enjoyed a great, relaxing train ride to Ottawa.
Decisiveness
I just returned from a whirlwind trip to Montreal, Ottawa and Toronto, where I gave a number of presentations and seminars. Our east coast Members did a wonderful organizing job and I had a great time. One thing that really impressed me was the people who took me up on my challenge and joined our Forum or signed up for our Bootcamps. These people took action that will reward them for a long time. They evaluated the information and took decisive steps to seize an opportunity.
Napoleon Bonaparte said, âNothing is more difficult, and therefore more precious, than to be able to decide.â Strong and successful entrepreneurs make decisions fast and stick to them. They donât wait for the cat to fall out of a tree or Grandma to buy a new dress. They donât have twenty committee meetings before they decide whether or not to order the Beef Wellington. They say, âYesâ or they say, âNo.â They are fast on their feet. They donât find excuses to procrastinate. They will weigh the information, do their due diligence and decide. You donât have to run after them for a decision, either; they will get back to you when they say they will. They are winners.
One seminar attendee gave me SEVEN reasons why he wouldnât be able to attend an event. At the end of his whining, I said, âAll I needed was a âYesâ or a âNoâ.â Winston Churchill put it this way: âThey are decided only to be undecided, resolved to be irresolute, adamant for drift, solid for fluidity, all-powerful to be impotent.â And George Canning said, âIndecision and delays are the parents of failure.â Those who vacillate, dither, hesitate and flounder are simply fearful of making ANY decision. They are afraid of the consequences of agreeing and equally terrified of the results of disagreeing. As Tony Blair once said of a certain politician, âWeak, weak, weak!â
The chairman of Mesa Petroleum said, âBe willing to make decisions. That’s the most important quality in a good leader. Don’t fall victim to what I call the Ready- Aim-Aim-Aim Syndrome. You must be willing to fire.â Any decision is better than no decision. âIâll get back to youâ and âIâll think about it / discuss it / review itâ usually means, âIâm too scared to decide â please leave me in my misery and go find a real manâ. Let us decide to decide. Let us be warriors and Eagles. Let us be confident, courageous and focused. Time is money and the window of opportunity doesnât wait. Seize the day!
Announcement:
$ Attend a Joint Venture Broker Bootcamp with Robin J. Elliott: Vancouver – January 28, Edmonton – February 4, Ottawa – February 10, Toronto – February 12 For more information, click here (No charge for Graduates!)
âThe secret of success in life is for man to be ready for his opportunity when it comes.â ~ Benjamin Disraeli
The Secret Ingredient
âThe heights of great men reached and kept
Were not attained by sudden flight,
But they, while their companions slept,
Were toiling upward in the nightâ â Henry Wadsworth Longfellow





