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

Ninety-nine percent of the people who have tried to recruit me into their business opportunities, Network Marketing companies, and other options have made absolutely sure within the first three minutes that they would never recruit me. 

When you launch into a egocentric confabulation about your opportunity, product or service with no regard whatsoever for my interests and assume that everyone and his dog shares you personal financial desperation or your belief that your magical juice, aka snake oil, will cure everything from an attack with the Ugly Stick to inner ear infections and ED, you don’t know how close you come to earning a fat ear. The smartest recruiters I know have a simple yet highly effective system for recruiting the right people. Would you like to know how one of the highest paid recruiters in the world structures his approach?

He starts off by paying sincere and specific compliments. After all, everything anyone wears is carefully chosen to impress other people. Complimenting someone on a job well done, his or her hairstyle, or a piece of jewelry works well. This causes immediate reciprocity, opens people up, and affords you their attention and interest. Next, he introduces himself by shaking hands. Physical contact and a first and last name make a big difference these days. Rika and I were recently held captive in a thirty-minute, one-sided “conversation” with a couple at another table in a restaurant in

His next step is to build the friendship by asking where the people are from, where they are from originally, where their family lives, how many kids they have bred, and other open-ended questions in that arena. This builds common ground and shows that he is, in fact, actually interested in them, not just in selling them an overpriced oil additive that doesn’t work, even though they don’t have a car.

His fourth step is to ask them what they do – what their profession or work or business is. By this time, the careful and astute listener will have come a long way to determining the person’s Hot Button and establishing whether or not he even wants to recruit him. If he decides he would like to recruit the prospect, he then applies his own product or service to alleviating the pain or accomplishing the goals of the person he wishes to recruit.

Find the hot button, build relationship and reciprocity, be selective, and close the deal. And if you’re really smart, don’t recruit people just because you can; recruit the RIGHT people and focus on Centers of Influence.

Robin J. Elliott www.DollarMakers,.com  www.MomComesHome.com

Rika and I sat down and evaluated our 20-year-old business. We were looking for success clues, the common denominator to growth, the combination to the vault. Why did we experience those growth spurts, what worked, and what didn’t work? When we scoured the income statements and examined the growth graphs in our Joint Venture Brokerage, this is what we found.

The First Clue was finding the right people. We have wasted a lot of time with talkers, scammers and losers. Fortunately, we discard them faster than a dirty napkin. But the graphs clearly show remarkable growth after  with winners. The more selective we are, the more money we make. This is the reason why we started the DollarMakers Joint Venture Forum. Weirdos very quickly get identified and ejected by other Members. Finding good people is a key to massive growth.

The Second Clue was finding Centers of Influence and doing Joint Ventures with them.  This is the fastest, most effective way to make serious money on a regular basis. It has become a major focus for us. We have also found that not everyone who claims to have a large database is telling the truth and they often use that as bait to access your database, so you have to have a reciprocal, measurable plan off action in place before embarking on a JV with these types.

The Third Clue was focusing on resultsand not getting distracted or blinded by enthusiasm, promises, business plans, meetings or tools. People often use their bubbly personalities or track records to avoid the fact that they’re not selling. After a while, when you see they’re not going to produce, cut bait. Talk is cheap, but money buys the whiskey (preferable Lagavulin). Don’t buy excuses and ignore justification. The bottom line is all that counts.

The Fourth Clue was looking at track records. People seldom change. Those who regularly don’t do what they say they will do generally never accomplish much.  Look for JV partners who have a track record of successes, not failures. Look for patterns and you can predict choices and behaviors. You can also avoid disappointment. Replace the losers with winners until you only work with winners. We found that a spot of due diligence before the JV will save one a lot of time. Hindsight is always 20/20, but if you learn the lesson, it’s worth it. (Also look who they associate with.)

The Fifth Clue is to avoid politically correct people (passive aggressive backstabbers) and NOT to be politically correct yourself. By being a namby-pamby, weak, politically correct type, you will attract losers like flies. Strong people will tell the truth and make things happen. They are courageous, ambitious, and reliable. Be real if you want real results. When we were outspoken and aggressive we made a lot more money and felt a lot better about ourselves.

If you use these clues as a template for your business, especially in the way you select your team and JV partners, you will make more money, have more fun, and grow much faster.

Robin J. Elliott www.DollarMakers.com

www.MomComesHome.com

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If you had a guarantee that you could make tens of thousands of dollars in passive income per month if you worked 10 hours a day, five days a week, for just one year, what would you do? The key is the word, “Guarantee”, right? If you were convinced beyond any doubt that you would be able to retire in one year, would you put in the time and effort?

Most people are so skeptical and have such low self-esteem that they don’t BELIEVE it is possible to retire in one year using Joint Ventures, so they treat their valuable JV brokerage business like a sulky stepchild with halitosis and oily hair, just throwing it a few bones when they remember to do so. They tend to treat their goldmine JV business like a lottery – buy a ticket once a week and stick it in the drawer, “but don’t expect to win nuthin’, Earline.”

The fact is that if you put consistent, absolute, focused, concentrated, enthusiastic energy into ANYTHING over a reasonable period of time and you have a “never quit” and teachable attitude, you can accomplish almost anything. Especially when you have a proven system with all the support and experience you find at DollarMakers. Joint Ventures are nothing new and we have a twenty-year track record of success. Our “No money, no risk” approach, along with our huge database, training, support, motivation, coaching and built-in JV opportunities is the best horse you ever rode.

People hedge their bets – they are involved with multiple schemes and dreams, all of which eat into their time, like having sixteen pot plants and only enough water to keep four of them alive. Nothing ever grows and they remain poor and frustrated. Put all the water into one plant, give it all your attention, and before you know it you’ll be a real life version of Jack and the Beanstalk. OK, before you whine, “all your eggs in one basket”, remember that successful JV brokers have multiple streams of passive income, but they take very little time.

If you sincerely want to retire in one year, focus EVERYTHING on your JV business; use ALL the tools, systems, coaching, and opportunities available to you that we offer, and you can’t fail. Put in the time and commitment, follow instructions, and get rich. It’s really that simple. Even if you don’t believe in yourself, you can believe in a technology that makes millions of dollars every day. Simply follow instructions. Become a DollarMaker. It’s not too late!

Robin J. Elliott www.DollarMakers.com

Would you work for minimum wage? Your answer is probably an emphatic, “No!” Then why do you? Many of us would insist that we would never accept a minimum wage job, yet we spend a lot of our time doing minimum wage work. Pay someone else to do it. Optimize your time. Don’t spend your $1,000 per hour skills on $10 per hour work.

Carefully select the JV’s you get involved with. Reject the wrong ones. Good JV’s will attract more good JV’s, because the good people are involved in good JV’s and like attracts like. Go with your gut. An excellent JV relationship will flow easily. You will find yourself at peace and relaxed during and after the negotiations. You will clearly understand the terms and conditions, financial transactions and potential. You can remove risk, selling, and minimize the time involved in a good JV.

If your JV’s involve a similar demographic / psychographic market, you can cross-sell and upsell your JV’s. I don’t even consider any JV that won’t bring me at least $1,000 passive income per month. Only work with people you like, respect, and trust. Look for potential and look for a solid track record. Minimum time and involvement, no cost or risk, maximum leverage and optimal income potential should be your goal. When a deal becomes one-sided, walk away fast. Look out for Red Flags.

Don’t go to a physical meeting until you have done your due diligence and determined why you need a face-to-face. Use e-mail, phone, Internet and clustered meetings. Protect your time and reputation. Pay people to wash, fix, and drive your car. Pay house cleaners and gardeners and use technology to optimize your time. Spend 80% on your efforts on short-term income JV’s, 10% on medium term returns and 10% on long term JV’s. The short terms often attract, introduce, or become medium or long terms. Use timelines, action plans, goals and targets to keep track of results. It’s all about the bottom line. Is it worth your time?

There are three types of people: Dollar Takers, who waste your time and irritate you instead of producing results, They whine and complain and name and blame. Avoid them. Dollar Fakers are the conmen and swindlers who prance around with their coiffed hair and expensive clothes and fleece the sheep. Shun them. Seek out the DollarMakers. Deal with professionals and avoid losers and those who have no money but talk a lot: big hat, no cattle.

Robin J. Elliott www.DollarMakers.com