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

In the late 1920s Samuel Blanc was motivated by a stubborn clogged drain in his son’s apartment in Des Moines, Iowa, to seek a better solution. By 1933 Blanc had fashioned a sewer-cleaning machine from a washing machine motor, roller skate wheels and 3/8″ steel cable. The cable rotated sharp blades to cut tree roots out of sewer lines, elimininating the tedious and expensive need to dig. Blanc’s wife Lettie called his invention the “Roto-Rooter.” It’s an amazing invention and it works very well. It cleans out those pipes and allows free, unobstructed flow.

In our lives, we have financial flow. Imagine a huge money pipe directed into your bank account. Money flows through this pipe into your bank account. Would you like to remove all the obstructions to that flow, so that you get a strong, clean, ever-increasing flow of unlimited wealth into your life? Would like to Roto-Rooter that financial pipeline? Here are a few ideas that you can use, today, to clear out all the blockages and junk.

1. First, make sure your thinking and perceptions about wealth and money are accurate and conducive to success. Clean out negative programming about money. For that, I recommend you read “Atlas Shrugged” by Ayn Rand, a book that accurately explains Capitalism. You can also visit these useful and enlightening websites: www.capmag.com, www.objectivistcenter.org and www.capitalism.org

2. Secondly, Look at your INPUT. What do you read, where do you go, what do you watch on TV, what music do you listen to, whom do you assocaite with (see #4)? This input will have a direct effect on what you believe, expect and achieve. Remove negative input and replace it with the positive.

3. Third, create a few money machines to start feeding money into that pipe. I suggest Joint Ventures as the fastest, safest, and most practical method: www.DollarMakers.com

4. Fourth, remember that your netWORK (the people you mix with) determines your netWORTH. Get rid of the leeches, parasites, losers and wannabes and associate only with winners. Join the DollarMakers Joint Venture Forum.

5. Finally, what you focus on will grow. Commit to, and focus on, solutions and goals, instead of problems. Set specific, exciting, practical financial goals and focus on what you want, instead of what you don’t want. Become a Money Magnet.

6. Get rid of bad habits.

It’s quicker to change your financial life than you may think. I have found that when you mix with rich people and take their advice, you get rich. We have over 425 positive Members worldwide that are ready to help other Members to make all their dreams come true. I learn from my Members and use Joint Ventures to create multiple streams of passive income in my life. I remove blockages from that money pipeline on a regular basis. It’s easier than you think.

Robin J. Elliott www.DollarMakers.com www.JVWisdom.com

When the water pump in my car broke, what do you think the first question was that I asked Ray, my mechanic? Right! “How much will that cost me?” And Ray, true to form, wisely replied, “Robin, let me rather tell you what it will cost you if you DON’T replace that water pump…” It’s wonderful to know that Ray takes care of everything. Any car problems can be solved by Ray. I take my car to him and he fixes it. I do whatever he tells me to do, because I HATE working on cars. I have no idea how they work and I don’t care. I just want them to take me where I want to go in comfort and luxury. Ray makes sure that that happens. I have absolute peace of mind. Ray is like a ray of sunshine on a stormy day.

Most people are unconsciously incompetent. That means that they don’t know that they don’t know. They know ABOUT things, but that’s not the same as understanding things, right? Right. I am consciously incompetent. There is a LOT of stuff that I don’t know and don’t understand and will never understand, and that’s why I find smart people like Ray. I have a powerful, mean machine lawyer that will eat my opponent’s tonsils for breakfast. He’s very expensive and the best there is. He will turn my attacker’s life into a living hell. That gives me peace of mind. My accountant makes sure that everything financial is ship shape. My computer guy tells me what computers to buy and fixes them when they break. I know what I don’t know, and I find people to tell me what to do in those areas.

Which brings me to the point of this article. Ever heard the saying, “Pearls before swine”? I recently had someone approach me for help. She had lost her job – in retrospect, she was probably fired – and lied that she had only enough money to last her for three months. I spent two precious, irreplaceable hours of my life with her, at no cost to her, telling her how to use Joint Ventures to make money. She did nothing. Two months later, I hear that she is still unemployed and is spending thousands on self-development seminars all over the place. She had money and she lied that she didn’t have any. She wasted my time. She will not get any more time from me.

When you have a challenge to overcome or a goal you want to reach, find someone who is competent, qualified and very good at what they do. Then get their assistance and advice. Then, FOLLOW their advice to the letter. That is what smart people do. Imagine going to a doctor for help to overcome a medical condition. He prescribes a diet, which you partially follow. He prescribes drugs, some of which you neglect to take. He prescribes certain, specific exercises, which you simply ignore. Do you expect to recover?

My first business mentor, George Choriatopoulos, told me, “Robin, if you do EXACTLY what I tell you to do, in EXACTLY the way I tell you to do it, you will get rich. Don’t waste my time, second-guess me or try to reinvent the wheel. Get your ego out of the way. If you had money, you wouldn’t need this advice. So you don’t know how to make money, but I do. Get rich or stay poor – your choice – I don’t need you – I’m already rich. Follow the proven formula, Robin, and you’ll do very well.” I was 34 years old, consciously incompetent, hungry, determined, and open to learn. I followed George’s instructions and it worked for me.
When your mechanic tells you to replace your water pump, DO it. Or suffer the consequences! Easy or hard -your choice.

Robin J. Elliott www.dollarmakers.com www.JVWisdom.com

When you’re facing choices in your life, it’s important to be very careful who gives you advice. Anyone who has a vested interest in the outcome of your choices will skew their advice and input to suit their own selfish ends. Does your “financial planner” tell you that you need millions in the bank before you can retire, when in reality all you need is for your passive income from Joint Ventures to exceed your cost of living? Why does he tell you that you need millions? Because he wants to get his commission on whatever he sells you, of course.

Any salesperson has a stake, that’s obvious. And that doesn’t make salespeople bad, it just makes them biased. Subjective. Even dishonest. I am always amazed when I hear the ridiculous questions people ask salespeople: “Does this work well? Is it reliable? Can’t I get a better deal anywhere else? Is this the best there is?” What do you expect them to tell you? “No, sir, if you potter off down the street you’ll find a better product at half the price”? Wake up and smell the coffee! Go online and do your research – do your own due diligence. Don’t ask the salesperson!

Do you think your boss wants you to start your own business? He will tell you that you will assuredly fail. When I fired my boss 19 years ago, he told me that I would fail in my own business and that he’d keep my job for me. How about most politicians? Do you honestly believe they care about what’s good for you? All they want is to keep their jobs. They will do whatever it takes to keep their jobs and get their pensions. I said “most” politicians – I’m sure there are one or two honest ones.

We need to form alliances with people who are smart enough to give us good advice, yet have no stake in the decisions we make. We need objective, sane, wise guidance. Ask yourself, “What’s in it for them?” I like to use third party testimonials on my websites because those people have no vested interest in my business. We need people who will tell us the truth, not try to placate us or please us. We need a few mentors and friends who have nothing to gain from our endeavors.

This doesn’t mean we need to question everything a salesperson tells us or become too cynical to be able to think straight. It just means that we should be very realistic about human nature. Ask someone from one religion what they think of another religion. What do you think the answer will be? Which brings me to the subject of cults. I know people who work for a huge cult – they do training under the umbrella of that cult. I realized very early in the day that they would NEVER refer business to me, unless I joined their cult! They will take, but they will never give. It’s simple group dynamics. You’re either one of them, or you’re a lost outsider. And they will always try to convert the people they train, to their cult.

There are a lot of cults out there, not only religious cults. Don’t forget that their sole purpose is to recruit you and convert you and all your friends. They will tell you whatever it takes to get you into their group. That is their purpose. Don’t expect a reasonable business relationship with them. Be objective, realistic and unattached.

Remember what Ayn Rand said: “Freedom is to ask for nothing, to expect nothing, to depend on nothing”. That is why I use Joint Ventures to maintain my financial freedom – I do not rely on any one person – I am unattached and free.

Every cult can be defined as a group having all of the following 5 characteristics:
1. It uses psychological coercion to recruit, indoctrinate, and retain its members
2. It forms an elitist totalitarian society
3. Its founder leader is self-appointed, dogmatic, messianic, not accountable and has charisma
4. It believes ‘the end justifies the means’ in order to solicit funds and recruit people
5. Its wealth does not benefit its members or society

Robin J. Elliott http://www.dollarmakers.com/

I was 23 years old and managing a large, private hotel. One morning, I was having breakfast with my then wife and my baby son, when I saw the owner of the hotel go by the door carrying a table. Strange, but I continued to eat. Then he passed with an armful of tablecloths. When he staggered past with a baine marie insert, I finally realized that something was amiss. I asked him what he was doing, and Mr. Honey, the best manager I ever met, calmly relied, “Oh, Robin, don’t worry – you have your breakfast with your family. I’m just helping set up the conference room – we have twenty minutes before the guests arrive. I’ll be fine.” I nearly died. I NEVER forgot a function again. He didn’t embarrass me, attack me or reprimand me – he just intervened. He saved my skin and taught me a very important lesson.

Any good manager knows this – once you have delegated a task, make sure you regularly check progress, activity, and results. Make sure the person to whom you delegated the task is on track, much as you would check road signs and the gas gauge and
Odometer in your car when you’re on a journey. Inspect what you expect, so that if / when things go awry, you can step in and make corrections. Like a guided missile – constant, small corrections are made to stay on target. That’s what a good manager does. Most restaurant managers have never heard of this, that’s why he’s hiding in his office while his waiters stand with their backs to the guests, discussing their dates, but I digress.

Just as one would regularly check up on an employee, the same principle applies to Joint Venture partnerships. Naturally, we have a contract or a Memorandum of Understanding going in to the JV, and we usually have an action plan with specifically stated responsibilities, timelines, expectations, payment systems, etc, but you STILL have to inspect what you expect. We have to manage the JV. Take responsibility for that, and you will be surprised how many people do not deliver what they promise, forget what they agreed to, make mistakes, fail to communicate and play games. Don’t think that everyone else is as disciplined, committed, and hard working as you are.

The most successful managers are very good at subtle, random spot checks. They have a way of checking up without seeming to snoop. They can motivate and inspire while checking on progress. They can tactfully steer one back on track without embarrassment or hurt feelings. When I did my Underwater One scuba training, we were taught the mantra, “Equalize early and often” to protect our eardrums. In Joint Ventures, inspect early and often to protect the JV and the bottom line. If you’re off course just two degrees, it may not seem like a big deal right now, but over time that two degrees becomes 180 degrees. Inspect early and often. Manage the JV and you will do yourself and everyone else a favor. Communicate regularly, discuss challenges immediately and be available – don’t hide away when things are out of kilter.

Robin J. Elliott www.DollarMakers.com