01.29.08
Posted in Uncategorized at 3:29 pm by Robin J. Elliott
Being broke is temporary. John Burns said, “Broke is a word, not a sentence - you don’t have to live the rest of your life that way. We make mistakes, but our mistakes don’t make us.” We don’t have money problems - we have thinking problems. If you’re broke, there is a reason for it. And there is definitely a way out. The past is not equal to the future, and although it may seem impossible to you right now that you can be financially free, it certainly is possible. There is a solution and a way out.
How can I learn how to get fit, lose fat, and put on some muscle? I have to find myself a good personal trainer and do whatever he tells me to do. When my computer doesn’t work properly, I call Andrew, my amazing Computer Guy. He comes over and sorts it out. I don’t panic, I don’t interfere, and I don’t question what he tells me - I simply obey and we get the problem solved. Every time. If my car is broken, what do I do? I get it to my trusty auto mechanic, Ray. He is a wizard and a genius and he will fix it. And if your financial situation is broken, I can help you. The difference is that money is such an emotional issue, isn’t it? So you have to find someone who actually understands where you’re at and has the ability to help you out of the problem and set you free.
If you were caught in quicksand, the more you struggled, the deeper you would sink. Broke people are desperate, so they do desperate things, grab at straws, get ripped off by conmen, and sink deeper. They gamble, drink, fight, and make dumb choices. They try to avoid the inevitable by getting more into credit card debt. I know. I have been there. I was born with a cracked, plastic spoon in my mouth, not a silver one. I understand where you’re at and I can help you.
I am too busy flying around the world training people, writing, making DVD’s and audios and Podcasts and enjoying my life to come over to your house and work with you, and that would cost you $1,000 per hour if I was available, so I have made it easy and affordable for you to get out of the Broke Box that you’re in. At www.DollarMakers.comyou will find all the solutions you need. Here’s my prescription for wealth for you: Join the DollarMakers Joint Venture Club, attend our training, get my book, and get free. Everything you need is easily and affordably available. And there’s lots of free information on the site as well. Here’s the thing: follow the advice we give you, and you’ll get free. If you don’t take the medicine, you’ll stay sick. Here’s to your wealth/health!
Robin J. Elliott
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Posted in Uncategorized at 3:06 pm by Robin J. Elliott
Make Yourself Recession-Proof. If you are a business owner/entrepreneur, you can immunize yourself against recession. No matter what happens in the world around us, we need to do what we can to avoid being financially hurt in a recession. If you’re in a conventional business with a limited number of products or services, or limited to a geographical area or a certain demographic, especially if you’re selling your time or if you have high overhead/fixed costs, you are at risk. Big time. You are vulnerable.
Look at this scenario: You have no overhead, your debts make you money (that means you make more money by leveraging your debts than they cost you), you have no employees, overhead, or inventory. Every cent that comes in, all your income, is 100% profit. And you have many income sources/Joint Ventures/DollarMakers spread across various industries, geographic areas, and sources. And your residual income exceeds the amount of money you need to live on comfortably. That’s how I live. I am immune to recession. And can you be, too.
When you set yourself up as a Joint Venture Broker, you can literally be in a position where you are not at risk, and where you do not have to rely on any one person, process, product, or position. You have spread your residual income over many fronts. You can add an income source/DollarMaker easily within an hour. You have time and money. You are free and you cannot be manipulated, controlled, or sabotaged. You don’t have to close your business - just leverage it. Without Joint Ventures, the average business operates on about 10% of it’s potential profit.
How can you put yourself in this powerful position where your income is unlimited and you’re safe from recession? You have to recreate your business and your situation. Learn how to remove risk and leverage your assets and equity. Create multiple DollarMakers. You need training, information, support and access. That’s what DollarMakers.com offers you. We have everything you need to make yourself bulletproof and secure, wealthy and free. Visit our website www.DollarMakers.com and preview my new book, “How to Retire in One Year” at www.DollarMakers.com/book
Robin J. Elliott
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Posted in Uncategorized at 10:43 am by Robin J. Elliott
My new book, “How to Retire in One Year”, is now available.
Visit www.DollarMakers.com/book for more information and a preview.
Robin J. Elliott
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01.27.08
Posted in Uncategorized at 9:08 am by Robin J. Elliott
Yesterday at my Joint Venture Broker Bootcamp in Vancouver, I asked people to make as tight a fist as possible, then their partner’s job was to get them to open their fist. Lots of strong people tried to force other strong peoples’ fists open. All you have to do is ask, “Please open your hand” - much easier. Or offer them a dollar note - even easier. I will perform the same amazing feat in England on Saturday at our Women’s Wealth Workshop.
Many of us face locked doors in our lives and our businesses. And usually, all it takes is to ask someone to open the door. “You have not because you ask not.” You would be amazed at what you could accomplish if you set about asking people to do things. Why don’t we ask? We’re afraid of embarrassment or rejection. I knew a very successful fellow who ascribed his outstanding accomplishments to one simple key: “I tell EVERYONE I meet, no matter what their circumstances or station in life,’You should be in my business - you would do very well in my business.’” He asked everybody - from CEO’s to janitors to sales clerks in stores to delivery people, people at bus stops and taxi drivers and teachers and cleaners - and he did it with the total belief that they would join his business. At he time, he was earning a mere $40,000 per month, and his income continued to increase along with his confidence and enthusiasm about his business.
If you ask everyone you meet to do something that is in their own best interests, you cannot feel rejected - after all, you’re offering them help, improvement in their quality of life, and a sincere and heartfelt compliment: “You would do very well in my business”. And if only one in ten people responded positively, YOU would do very well in your business. Some will, some won’t, so what? NEXT! Keep on asking. For every locked door, there is a key. Some people won’t join you today, but they will in a few months time - as long as you keep on asking. “NO” is not permanent - it simply means NOT YET.
Robin J. Elliott www.DollarMakers.com
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01.23.08
Posted in Uncategorized at 10:32 am by Robin J. Elliott
Elizabeth Gardner has a great take on how we can focus on the 20% of our activities that produce 80% of our results. We’re all busy, usually with easy stuff, generally with the urgent rather than the important, and Ms. Gardner provides us with a compass that takes one to Treasure Island if followed. This is a question that is really a BS Detector. It shows clearly which activities get results.
Make a list of the activities that you’re involved in every day, and ask the following question about each of these activities to label it either 20% or 80%. Naturally, you want as many 20% activities as you can get, and that is where you should concentrate your efforts and resources. Here is the question: “If I only did THIS over and over, would my bank account grow?” Simple, yet profound.
Many of our activities are safely in our comfort zone: cleaning the old computer, shooting the breeze with some loser who will never produce anything, and calling it a “business meeting”, doing things you could outsource or delegate or ignore, avoiding confrontation, and making excuses that nobody believes anyway. When you have identified the 20% money-making activities (dare I call them DollarMakers?) you should discipline yourself to do them every day. The best way to do this is to make a daily schedule / measurable Goals List that incorporates the 20% activities.
In sales, I say, “Belly to belly - anything else is smelly” Asking someone to buy your product or service is a 20% activity. It will get results. Asking this question makes you think, makes it easy to make the right decisions, and makes you rich. Discipline yourself to do the right thing, and if you do what others don’t, you’ll have what others won’t. “If I only did THIS over and over, would my bank account grow?”
Robin J. Elliott www.DollarMakers.com
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Posted in Uncategorized at 12:00 am by Robin J. Elliott
Click Here to Watch
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01.21.08
Posted in Uncategorized at 8:29 pm by Robin J. Elliott
This is the one system that I recommend more than any other income opportunity. When you listen to this free, recorded message, I think you will understand why I am so passionate about this business, and why I’m a Director in the company.
800.394.6919 (8 minutes)
800.817.7562 (15 minutes)
800.634.1375 (14 minutes)
If you would like to join my pesonal team, visit www.DollarMakersBusiness.com and call me!
Robin J. Elliott www.DollarMakers.com
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01.20.08
Posted in Uncategorized at 1:15 pm by Robin J. Elliott
Take the time to relax in your study with a cup of tea and no interruptions, close the door, and seriously consider the answers to the following questions. Keep a notepad at hand. Then, run them by your Mastermind Group or your mentors. (Remember that your mentors should be a lot more successful than you are.) Think about these questions continuously for a week, so that your subconscious mind has time to bring you answers. And when you get the answers, TAKE ACTION.
1. What am I prepared to sacrifice/give up/pay to double my business profits? How badly do I want to double my profits? WHY do I want to double my profits?
3. What would have to happen to double the profits in my business?
4. What are my most profitable activities? How can I double them?
5. Whom do I need to meet in order to double my profits?
6. What resources do I need through Joint Ventures to double my profits?
7. Who can show me how to double my profits?
8. What limitations do I have and how can I remove them? What is stopping me?
9. What/whom can I remove from my life and business that will free up time and money?
10. What do I need to sell to double my profits? Who can help me sell that?
11. Who can expose my products/services to thousands of people for me?
12. How can I use multiple Joint Ventures at 100% profit to double my profits?
Robin J. Elliott www.DollarMakers.com
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Posted in Uncategorized at 12:39 pm by Robin J. Elliott
See my article below on “What is a NO Worth to You?”
Smart people understand the numbers so they make a lot of money. Desperate people always look for the quick buck, the discount, the hard sell, and the immediate gratification. They operate on the Urgent instead of the Important. They’re always putting out fires and making excuses. Winners are objective, systematic, and rational. Most businesses operate at around 10% of their potential net profit.
The best way to understand the numbers in your business is to stand back and take a good, hard, realistic look at your profits and potentials. Business is not about sales; it’s about profit. Work backwards and you will understand the numbers game. Where did the bulk of you income come from last month? Where did most of your PROFIT come from? Where could it / should it come from? When you factor in the time required to make money, there is easy money and hard money. Something that takes a lot of time to make the same amount of profit as does somthing that took much less time, is hard money.
Look at the links and ratios in your business. Do people who buy product A also buy product B? What are your closing ratios? What is the Lifetime Value of one customer to you? What is your Customer Attrition Rate? What does it cost you to get a new customer / keep or upsell an exiting customer? Look at the 80/20 scenarios: What is the 20% that works? Can you reduce the 80%? What activities/ who are unproductive? What/who can be removed, reduced, improved upon, or increased?
Are you focusing your energy and resources on sales that earn you 20% profit with no back end, or are you concentrating on sales that make you 50% profit with a back end, or 10% profit with a larger back end? Is the money on the front end or the back end? What can you automate? What parasites can you remove? What costs can you cut? What is your back end profit margin?
Can you break even on the front end or even lose money on the front end to make a large profit on the back end? If your Joint Venture income is 100% profit, as it should be, how much effort goes into your Joint Ventures? What is your exact return on investment from every effort and expenditure? Are you selling your precious time, when it could be bought or delegated, outsourced or automated? What is your time worth?
Should you keep your business or close it? Does it generate a database that makes/could make you a lot of money from another source? What are your alternatives? YAHOO! You Always Have Other Options. If you were giving yourself advice and you could remove ego, pride, emotions, and fear from your evaluation, what advice would you give yourself?
Have you spread your risk by creating multiple income sources that take no time or effort and earn you 100% profit through Joint Ventures? If you have ten income sources and you increase each one by only 10%, you double your profits. What leverage do you use? Is your money leveraged? Are you leveraging your equity, database, reputation, access, and cashflow to the optimal degree? You can access any resource you want through Joint Ventures.
When the numbers make sense, the you get wealthy. Residual income, profit, leverage, ratios, and the source of business is what it’s all about.
Robin J. Elliott www.DollarMakers.com
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Posted in Uncategorized at 11:51 am by Robin J. Elliott
Timothy Ferriss wrote a wonderful little book called the 4-Hour Work-week. He explained how he works and lives and makes money, and I learned a lot. Here’s the danger: A few people who have read this book now feel justified in answering their e-mails sporadically, or even once a week! WAKE-UP CALL: YOU’RE NOT TIMOTHY FERRISS YET!
When you have structured your life and business like Mr. Ferriss, you might get away with ignoring emails, not getting back to people promptly, or making them wait. Until then, all you’re doing is throwing your business and reputation down the toilet. I emailed someone last week with a hot referral, and received an automated e mail back to tell me she will only be available February 8th. The height of arrogance. Five weeks! That’s the last time I will ever send her business, believe me.
You have to be very careful about implementing ideas you find in books, in the real world, without understanding the context and the dynamics that need to be in place around those ideas. This book is not an excuse for laziness or lack of self discipline. If you are not consistent, reliable, up-to-date and professional, what you have will be taken away from you and given to someone else. You might be very surprised if you knew how much business you already don’t get because you don’t respond promptly.
People expect you to be reliable, consistent, honest, on time, pro-active, and professional. They don’t believe your excuses. The most successful people I know are very consistent. The wealthiest person I know responds to my calls within MINUTES. He doesn’t have to, but that’s who he is, and that’s why he is wealthy. Winners are humble and they respond fast and walk their talk. They don’t need reminders and they know that “if you snooze, you lose”. Walk before you run.
Robin J. Elliott www.DollarMakers.com
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Posted in Uncategorized at 11:20 am by Robin J. Elliott
People who promote or sell a product or a service or introduce people to a Joint Venture opportunities or a Network Marketing opportunity often get told, “NO”. When we realize the real value of getting a NO, it all gets a lot easier.
First, let’s work out what it is worth when someone says, “YES”. Exactly how much money do you make when someone says YES? Remember that person can bring you many other people who say YES, too. That’s the best part. Even some people who say NO will send you people who say YES! But let’s keep it simple. If one sale (YES) makes you $200, a YES is worth $200 to you.
Now let’s establish how many NO’s you usually get before you get a YES. (Your Closing Ratio.) For example, if you need to talk to ten people , and nine say NO and one says YES, then every person you talk to is worth $20, whether they say YES or NO. ($200 divided by ten people).
That means that a NO or a YES is worth $20, regardless! That is wonderful news, because it means you’re not losing or wasting time when you talk with people. You always make money. You’re no longer offended or discouraged when you get a NO - you can always say, “Thank you for the $20!” Is it worth making a phone call for $20? Sure it is! Even for $10. Is it worth saying to someone, “You should attend our meeting Tuesday night” if you get paid $20 every time you do that? Of course!
Instead of looking for YES’s, collect NO’s! Now here’s the best part. How many NO’s can you get, if you’re getting paid $20 for each one? You can make $20 in five minutes this way!
If your friend gets one YES in ten NO’s, (10:1) and you only get one YES in twenty NO’s (20:1), you can still beat him and make more money, by simply doing more work and talking to more people than he does! He only talks to, contacts, or phones ten people a day, but you contact thirty people, so you beat him hands down.
Selling is a numbers game, as you see. You can out-earn and outwork anyone when you understand this. There is no excuse. NO excuse. You can’t lose when you realize the value of a NO. It means that you get paid for everything you do, regardless of the outcome. Naturally, if you present your case with professionalism, enthusiasm, and honesty, you will get more YES’s, which makes the value of each NO increase. Also, the more you do it, the more YES’s you will get, because of your increase in confidence and knowledge.
That means the more NO’s you get, the more valuable those NO’s will become. When you start, you get one YES and nine NO’s. (10:1) A No might be worth $20. After a while, you get only five NO’s before you get a YES (5:1), so now the NO is worth $40!
What if you got your friend to introduce your product or service or opportunity to 1,000 people in his database, and you shared your income with him? What if you talked with everyone you meet about your product or service? People in the line with you at the supermarket, at the bus stop, on the airplane, in the airport? Have you called everyone on your phone list? At $20 a call, it’s easy money, isn’t it? Why not call them every month?
Successful people understand the numbers in business and they’re not afraid of working, because they understand how they get paid. I encourage you to establish the value you get from a NO - and go make a fortune!
Robin J. Elliott www.DollarMakers.com
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Posted in Uncategorized at 10:07 am by Robin J. Elliott
Read Howard Roark’s speech in Ayn Rand’s book, The Fountainhead - then you decide.
Click here
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01.19.08
Posted in Uncategorized at 7:13 pm by Robin J. Elliott
Here’s why the average person who claims to be in financial pain won’t use the solution offered: insufficient motivation. In case your situation isn’t bad enough YET, let me share some interesting facts with you that I learned from Timothy Ferriss, so that we can predict where you financial pain is heading:
26% of adult Americans report being on the verge of a serious nervous breakdown. 62% of workers routinely end the day with work-related neck pain, 44% report strained eyes, 38% complain of hand pain, and 34% report difficulty in sleeping due to work-related stress.
88% of employees say they have a hard time juggling work and life. 70% of working fathers and working mothers report they don’t have enough time for their children. Compared to 1970, American managers are working an additional month per year. Americans are working more hours than any time since the 1920s. Turnover rates among mid-level associates in New York City law firms is 36%. The entire system is predicated on burnout. In total hours, the average middle-income family works four months more than in 1979.
The USA vs. the World: Average Annual Vacation Days: Italy 42 France 37 Germany 35 Brazil 34 Britain 28 Canada 26 Japan 25 USA 13
Americans work 137 more hours per year than Japanese workers, 260 more hours per year than British workers, and 499 more hours per year than French workers. The Japanese document approximately 10,000 cases per year of “death by overwork,” or karoosh. Considering the above stats, what must the undocumented US numbers be?
26% of Americans take no vacations at all. How many vacations do you take per year? Are you going to join us on our DollarMakers Convention in November at an exotic destination? Do you have enough time and money to enjoy your life and family? If things continue the way they’re going now, what does your future look like? If you were offered a proven system that has worked consistently for tens of thousands of people over more than 35 years, and made many of then millionaires, what would you do?
Here’s what I am offering you: A place on my personal team. Directly under me. E-mail me for more information robin@dollarmakers.com with your telephone number, name, and time zone, and put “I am SERIOUS” in the Subject box. (Note: This is a NYSE company. Your cost: $110 to join and $46 per month for freedom.)
Robin J. Elliott www.DollarMakers.com
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Posted in Uncategorized at 8:38 am by Robin J. Elliott
“Freedom comes from seeing the ignorance of your critics and discovering the emptiness of their virtue.” - Ayn Rand
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Posted in Uncategorized at 7:38 am by Robin J. Elliott
When I talk about the “Joint Venture Mindset”, I am talking about a way of perceiving links, opportunities, value, and profit. This mindset enables one to look at a business or transaction or market or distribution system and see multiple opportunities for Joint Ventures and increased profits, where the average person sees problems, scarcity, restrictions and limits. Thing is, attaining this mindset doesn’t happen in an instant. Please read the following:
“Usually, the cognitive process begins with an impression induced by perception, or by a thought, but then it does not stay with the mere impression. Instead, we almost always conceptualise sense impressions and thoughts immediately. We interpret them and set them in relation to other thoughts and experiences, which naturally go beyond the facticity of the original impression. The mind then posits concepts, joins concepts into constructs, and weaves those constructs into complex interpretative schemes. All this happens only half consciously, and as a result we often see things obscured.” Or don’t see them at all, or misinterpret them…
The fact is, the Joint Venture Mindset is a lens through which you can look at life and see streets paved in gold, in contrast to the conditioned mind that sees but through a glass, darkly. And that negative, restraining, repressive mindset is the result of input and conditioning from academics, politicians, teachers and preachers, bank managers, employers, and franchisors who often have a vested interest in keeping you broke and struggling.
If you’re forty-five years old, you’ve had a long time to establish your way of perceiving opportunities. Attending one seminar or reading a book might give you a glimpse of the limitless possibilities available to you through Joint Ventures, but it takes more than that to reverse years of disinformation, distortion, myths, and blatant lies. That could be why you didn’t run out of the seminar and double your income, although some people have and do.
Now before you burst into tears or shoot the government sycophant who ran your “Self Employment” program (the poor sap doesn’t know any better - after all, he’s an employees trying to teach you to be an entrepreneur), I have the solution for you. I will base it on my own story, so you know it works.
When Rika and I were offered the opportunity to get into our own business, I was thirty-four years old, broke, and had never run my own business. We had to refinance and scrounge to come up with the money to start, and we were very highly motivated. We were told to work through an SMI program called the Dynamics of Personal Goal Setting by Paul J. Meyer (this was also one of the products we were to sell) and to follow EXACTLY the system we were offered.
We immersed ourselves in the system, the teaching, the mindset, and the philosophy. We repeated the program over and over again, followed the directions to a T, did exactly what we were told, went the extra mile, and spent every waking hour focused on working the system. When my mentor, George Choriatopoulos, told me to do something, I obeyed without question. I was a warrior, not a deserter. There was no back door, no tentative “I’ll try, but hedge my bets”, no hesitation. All-out, total commitment. We became experts in the field and rose to the top as the best distributors in the organization. This is true for winners in every field - Network Marketing is a good example. The ex mailman who makes a million dollars in Pre-Paid Legal simply followed the system with no compromise or deviation.
And so when we set up DollarMakers, we created a proven system for aspiring Joint Venture Brokers to follow. Everything you need to succeed is provided. I decided what tools and input you would need to be able to see things in such a way and condition your mind in such a manner to be able to retire in one year, if you followed the system, and I created the tools and the system for you. And I created the Club (we also have the DollarMakers Women’s Club) so that you would find the people you needed easily. All you have to do is what I did. But only if you really want to retire in one year or double and then quadruple the profits in your business.
Here’s what I would do if I discovered DollarMakers and I sincerely wanted to use JV’s to retire in one year. I would join the DollarMakers JV Broker Club, attend every Bootcamp, read the Blog (www.RobinJElliott.com) every single day, read, watch, and absorb every detail on www.DollarMakers.com, get onto every Members Conference Call, attend the yearly Convention, read Robin’s books, and follow his directions. I would reprogram my thinking and take massive, consistent action. I would model his choice of JV’s, and ask questions when I got stuck. I would INSIST on achieving my goal. I would spend every waking hour doing this. And I would definitely succeed. Patrick Giesbrecht retired within seven months of attending a JV Broker Bootcamp in Vancouver.
There is only one reason why people don’t use the system and tools available to them to retire in one year: lack of motivation. Yes. Procrastination, laziness, lack of action, excuses, compromise, and fear are all the result of insufficient motivation. If you knew without a doubt that you and your family would be savagely murdered if you didn’t retire within one year, using JV’s, would you do whatever it takes and succeed? Of course you would. There is no excuse. Every resource you need to become a successful JV broker and retire in a year is available to you. And as a JV Broker, every resource you need is easily available through JV’s!
Yoda told us, “There is no try. There is only do or do not”
Robin J. Elliott www.DollarMakers.com
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01.18.08
Posted in Uncategorized at 4:02 pm by Robin J. Elliott
In an earlier article I told about the person who came to service our gas fireplace. He did an excellent job, got paid and left on his merry way to sell, like most other sheeple, more of his most precious, irreplaceable resource, his TIME. What COULD he have done if he wanted more money and more time?
He could create a database of all the people he does work for, a list that could be leveraged over and over again to earn him a huge residual income. He could ask me about my life, my problems, my business, and my lifestyle, looking for areas and specific issues that he could assist me with by referring me to someone. For example, I am looking for someone to install a back-splash in my kitchen. If he knew someone who was competent, and he referred me to that person, he could earn a commission from that laborer.
He could give me a Directory of Trusted Friends which contained Gift Certificates, vouchers, discount coupons, free consultations, samples, and reports. Then, if I used any of those services, he would be paid a commission by the supplier of that service. Home theater, computers, electrical, furnace cleaning, painting, flooring, plumbing, landscaping, window coverings, interior design…. and he could go on to Gift Certificates for jewelry evaluations and cleanings, business services and products, seminars… unlimited opportunities.
Joint Ventures is the most sophisticated way to do bsuiness and make money.
Robin J. Elliott www.DollarMakers.com
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Posted in Uncategorized at 3:38 pm by Robin J. Elliott
Let’s play a game.First, imagine you’re a physician, and someone makes an appointment to come and see you. You’ve been in business for decades and you’re highly respected in your field. After examining the patient, you make your diagnosis and suggest medication and a diet. At that point, the patient tells you he will first discuss your diagnosis with his alcoholic brother, then do research on the Internet for the opinions of Alternative Healers, and he also wonders if he can perhaps change the diet or use one he found at a New Age group. And he finishes by telling you he has decided, in his wisdom, to halve the medication you prescribed. How would you react?
Now let’s imagine you’re a lawyer, and the same scenario occurs. After listening to your client, you give him advice based on years of experience and study, but he feels he will only use part of your advice. How long would it take you to kick him out of your office? When my computer guy tells me what to do, I do exactly what he tells me to do. I precisely follow the advice of the experts I choose to work with.
In my business, I find myself dealing with people who have approached me for my opinion, and who have no idea how Joint Ventures work or how to make money, yet find it necessary to second-guess, adjust and adapt, and get “second opinions” from their equally inept and broke friends or, worse still, “personal coach”. Shoot me now! That is why I stopped personal consulting (this for the special benefit of the person who emailed me asking about my hourly consulting fee, and signed it’s name “J”). Too frustrating.
Here’s the solution:If you’re not a Member of DollarMakers, don’t e mail me until you are. No free advice, and I don’t JV with Non-Members. If you are a Member, don’t insult your own intelligence by second-guessing my advice. You don’t have to take my advice, of course, but don’t second-guess it. It will be hard to get another response from me. Here’s an example: Robin: “Do 1,2,5,and 8, like I do.” You: “What if I try 9,11,18, and 80?” Don’t be an idiot.
Robin J. Elliott www.DollarMakers.com
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01.17.08
Posted in Uncategorized at 12:45 pm by Robin J. Elliott
We had the fellow come over to service our gas fireplace today. He painted, cleaned, checked, and then showed me the seal. It was leaking carbon monoxide and had to be replaced. He showed me how the wrong seals shrink and get brittle, and eventually there’s a whole lot of poison gas escaping. And he said that only about 25% of people ever have the gas fireplaces checked, and only twelve people in the Lower Mainland do the job he does. Scary.
A friend of committed suicide in his car using carbon monoxide from the exhaust, and the doctor told me that your body is paralyzed and your mind is clear before you die; you know you’re going to die and there’s nothing you can do about it. You could tell by looking at my dead friend’s face.
Now that I have your undiluted attention, let me tell you that many of us are allowing poison into our lives and it does have a cumulative, paralyzing effect. Had I arrived earlier at my friend’s house, I might have saved him, but he couldn’t save himself. And I wouldn’t have known about the gas leak had I not had Dale, the service man, come and look at it. We need good people in our lives that will point out the poison and help us escape. Some people themselves are poisonous, and they usually come in the form of jovial, smiling, hugging piranhas.
I saw a giant, hooded cobra on a horse ranch in Rhodesia - it was a few feet away from me, and I understood how small animals and small people can be paralyzed with fear. One drop of poison from certain snakes can kill many people in an instant. There are a few poisonous snake people around that will bankrupt you if you get too close to them.
Here’s my point: be careful whom you work with and associate with. Be selective and stay close to your core group, because there is strength in numbers and the Mastermind concept works when you have the right people in your corner. When you feel yourself getting stuck and paralyzed with fear, analysis, or indecision, call on your core group for perspective.
Robin J. Elliott www.DollarMakers.com
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01.15.08
Posted in Uncategorized at 10:15 am by Robin J. Elliott
Success is actually a lot easier than most people think it is.
“Neither snow, nor rain, nor heat, nor gloom of night stays these couriers from the swift completion of their appointed rounds.”
Sometimes this is considered to be the motto of the United States Postal Service. It is in fact a translation of a line written in the fifth century BCE by Herodotus, in which he praises the stamina and persistence of messengers on horses in the service of Xerxes, King of Persia.
A self-made man who earns $200,000 per month was asked what the secret is to his success. His answer: “Consistency and persistency”. He should know. It’s easy to quit, to procrastinate, to make excuses. The road to success is dotted with many tempting picnic spots. Successful people finish the job before they rest. If they stop, it’s to sharpen the proverbial saw.
How can I suggest that success is easy? Dale Carnegie said, “Don’t be afraid to give your best to what seemingly are small jobs. Every time you conquer one it makes you that much stronger. If you do the little jobs well, the big ones will tend to take care of themselves.” That’s why. One step at a time, insisting on completing what you start, minute-by-minute discipline, and before you know it. you’ll be at the winning line. In one year’s time, you will surely arrive somewhere. The question is: Where will you arrive? What activities will you put into the year?
Josh Billings said, “Consider the postage stamp: its usefulness consists in the ability to stick to one thing till it gets there.” Really - just keep on keeping on. Don’t stop. One more step. One more call. One more hour when everyone else has gone to the game. Hanging in there when everyone discourages you and laughs at your lofty goals. Demanding success. Going the extra mile.
Winners expect to win, they believe in themselves, and they don’t consider the idea of giving up. They’re not cowardly deserters. They show up. They don’t need to be cajoled, bribed, enticed, threatened, motivated, reminded, or called - they are reliable, consistent, and persistent. The cream rises to the top; you don’t have to remind it to do so. Here’s a simple question to ask yourself throughout the day: “Is this choice, activity, or action taking me towards my objective, or away from it?”
Yard by yard, it’s hard. Inch by inch, success is a cinch.
Robin J. Elliott www.DollarMakers.com
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01.14.08
Posted in Uncategorized at 4:58 pm by Robin J. Elliott
Do you need money FAST? Want to avoid waiting, write-backs, cancellations, refunds, and other dissappointments that slow your income down?
Joint Venture Brokers and aspiring Joint Venture Brokers should always be aware of the speed of the flow of cash. I normally suggest 10% long term income, 10% medium term income, and 80% short term income from your JV’s. Many of the short term income flows will add to and become medium and long term. By carefully choosing which JV’s should get your attention for fast money, you can avoid the sleepless nights that result from slow flow.
Whether you’re looking at JV’s that are high tech, low tech, slow tech, or no tech, here are some pointers to help you decide which will be fastest. Remember, fastest should also be safest, since you probably need the cash and can’t afford slip-ups and non-payment.
1. Choose a JV partner that is cash rich. If your partner has no money, watch how he tries to get all the money flowing through his business and watch how you wait for money that will probably never show up. A strong, credible, and proven partner is a necessity. Don’t be naive - don’t believe everything you hear. Most people are not what they seem to be. Do your own due diligence.
2. Make sure you understand the business process.If you’re involved in property, get ready for long waits, lots of disappointments and games, and lots of loopholes. Be aware of how the transactions flow, how payment is made, when it is made, and who controls it. Beware of “money back guarantees” which are often a front for blatant theft.
3. Get it in writing and get it signed, so you have leverage. Do this right at the start. Be specific and make sure everyone understands what is going on.
4. Manage the transactions - don’t let your JV partner’s cash flow problems become your cash flow problems as he lies and makes excuses to make you wait while he uses your money. Put yourself into the transaction loop, especially automated transactions so that others know that you know.
5. Multiple, smaller transactions spread the risk. Telling lies seems to be a popular hobby and people will tell you whatever you want to hear, painting pretty pictures of things they hope for but seldom occur. Many cash transactions, leverage, a solid back end, and a strong business that makes payment lend definite security.
6. Negotiate! Tell your JV partner what your needs are, and remember that when you ask for something, you get one of only three responses: Yes, No, or a Counter Offer. Set up an uncomplicated system that you can impact fast with hard work and focus.
In a nutshell, you can earn real cash very fast with the right JV partner and the right setup.When your JV partner understands your needs and you prove that you can deliver what you promise, you’ll be amazed at how flexible people can be. Cash flow is the biggest challenge most people face, and Joint Ventures is the best solution I have ever found, especially since they take very little time and everything you earn is 100%. Most businesses are sitting on easy cash flow options they never even dreamed of. Let me repeat that: Most businesses are sitting on easy cash flow options they never even dreamed of.
Whether you have a business or not, JV’s will be the fastest money your ever met (and I never met a dollar I didn’t like).
Robin J. Elliott www.DollarMakers.com
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01.13.08
Posted in Uncategorized at 5:04 pm by Robin J. Elliott
First, define in detail your purpose and mission. Then mercilessly subjugate all trivia and non-essentials to this, your magnificent obsession.
If Freedom is your raison d’etre,for example, any thing or person that restricts, impedes, or threatens that freedom is anathema to you. A warrior knows that when you befriend his sworn enemy, you, too, instantly become his enemy. He will not tolerate enemies within his camp, anymore than you would willingly imbibe poison.
While most of our enemies are people, many of our enemies are concepts, constructs, and philosophies. But your biggest enemy is the person you see in the mirror each day. Truly successful people are their own best friends, and they never let themselves down.
Robin J. Elliott www.DollarMakers.com
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Posted in Uncategorized at 4:35 pm by Robin J. Elliott
Many people think that Joint Ventures are limited to outdated Internet affiliate / marketing courses for thousands of dollars by dubious characters who feed off the vulnerable, desperate, and moronic masses, or a commission paid on a referral for a $300 print job. On the other end of the spectrum, they think of sophisticated, multimillion dollar merges and acquisitions and commodity brokers who live in mansions on the French Riviera, like my friend Simon. The reality is, you can get as big as you like, from a humble five thousand dollars a month from five different sources to a solid JV that makes you a few million. Two simple and true examples follow, which illustrate my point.
Two ordinary hospital orderlies were told the hospital they worked for was about to go bankrupt since not enough doctors were referring patients to it, so they borrowed money and attended an expensive seminar to learn how to buy a business for no money down. After the seminar they approached the hospital administrator and asked him how many doctors would need to refer patients to the hospital in order for it to break even and get out of debt. They were told that forty referring doctors would do the trick, and that sixty was their capacity. Undaunted, the orderly orderlies used the information they had learned on the pricey seminar to put together a proposal for doctors to invest $100,000 each in order to buy ownership in the hospital.
To their surprise, they only contacted seven doctors and they were inundated with offers. They got 70 doctors to each invest $100,000, earning them seven million dollars, of which they each took two million and used the rest to buy the hospital. They controlled the deal and management, each with a $300,000 per year salary and 30% ownership between them. They repeated this fourteen times across the US. I wonder what the other delegates to the same seminar did with the knowledge they obtained.
Then there was the fellow who wanted to buy a hotel in California for $1.5 million. He met with the hotel owner and a trade dollar broker, and issued $3 million trade dollars in vouchers for food and accommodation, to be used over the next five years. The broker paid him $1.5 million for these vouchers, which he used to buy the hotel. Bearing in mind the 80% breakage on the vouchers, his 32% food cost, 10% room cost, and the fact that the value of the vouchers would steadily decline against price increases over the next five years, he was sitting pretty.
Your earning limitations with Joint Ventures are threefold: The people you deal with, the training and support you get, and your own mind and attitude. We can help you with the the first two.
Robin J. Elliott www.DollarMakers.com
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Posted in Uncategorized at 2:08 pm by Robin J. Elliott
Google, the Better Business Bureau, references, clients, friends, employees, competition, private detectives… all these things are obvious and they do work to some extent in concert. There is also a higher way that should not be deemed a substitute but rather an additional (in my opinion foundational) requisite for due diligence. To predict future choices and behavior, look at two things: (The Two P’s) The Philosophy and the Past.
We’ll start with Philosophy. Christopher Hitchins said at a Georgetown debate: ” If anyone could come up with an example of a society which had fallen into slavery and bankruptcy and beggary and terror and misery because it had adopted the teaching and precepts of Spinoza, Thomas Paine, Pierre Bayle, and Thomas Jefferson, then I’d be impressed.” Let’s add the teachings of Ayn Rand and Aristotle. Your philosophy will determine and predict your choices, the way you live, and the results you achieve. If I understand you philosophy and world view, I have done good due diligence. I will be able to foretell, in large part, whether or not your Joint Venture will work. Take the time to understand your potential partner’s philosophy, and to carefully establish his level of congruency. Does he live his philosophy, or is it simply a convenient label? Big difference.
Next, the Past. Few leopards change their spots, much as we’d all like to believe they do. A person’s past will usually predict his future, and only the naive believe differently. An an army deserter will probably not be a loyal soldier in your army. A woman who cheats on her husband is not someone you would want to marry. The past predicts the future, so you want to take a good, hard, look at someone’s past, before you link your future with theirs. An addict is an addict, just with a different drug. They might swap cocaine for mysticism, but they will still be addicts and they will behave like an addict; they simple exchanged their drug of choice. Someone who “plays hooky” with one boss will do the same with the next. Someone who repeatedly doesn’t deliver on time is unreliable and always will be. That’s not pessimistic - it’s realistic. and we’re dealing with real money and real time.
Be selective, remove risk, and have an exit strategy and Plan B even after entering a JV. These days’ people find clever masks and they have excelled in the art of deception and packaging. (They learn from the politicians and mystics.) If you’re JV is correctly set up, you can escape with relatively little damage if you hooked up with a loser by mistake, but it’s better to take a little more time on the front end that to live with regret. Remember the Two P’s when doing your due diligence. Often, one well-placed phone call can save you tens of thousands.
Robin J. Elliott www.DollarMakers.com
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Posted in Uncategorized at 12:55 pm by Robin J. Elliott
Perhaps you don’t want more time. Or you don’t want to reveal that fact that you have more time. After all, if people know you have time available, your excuses may fall away and you might be expected to honor your commitments. You might have to do the things you don’t feel like doing. Like my employee, a long time ago, who whined that he didn’t have enough time to do his job, until he revealed that he had secretly taken a second, full-time job, while he dishonestly continued to take my money. This same character claimed to receive multiple work-related emails a day, whereas I knew he received very few. My point is, some people have a vested interest in claiming not to have enough time to do what they promised to do.
The fact is that you DO have enough time.There are some who run multiple businesses at the same time, and still have enough time for their families and commitments. They simply understand priorities, leverage, delegation, and business. They, like you, have just twenty-four hours a day. Perhaps they don’t spend hours a day in front of the television set, or watching other people play sport, the ultimate vicarious pleasure of losers. Perhaps they prioritise the activities in which they choose to invest their time, and they do not promise that which they are not absolutely committed to doing. In addition, they don’t make excuses, since they actually take responsibility for their lives and choices. I drive for an hour to the airport in Vancouver, where I wait an hour before flying five hours to Toronto, then another forty minutes to my hotel, and that night in my seminar a loser who lives forty minutes away shows up late and blames the traffic. Another simpers that he has to leave early in order to walk his dog.
And so this article is meant for those of you who DO want more time. The reality is that the philosophy and understanding of Joint Ventures as I teach it is the best way I have found to have enough time to never have to use its shortage as a pathetic excuse. But this cannot be accomplished without self-discipline, honesty, motivation, and clarity as to one’s values, objectives, commitments, and priorities. The Joint Venture Mindset can only work on a foundation of integrity, intelligence, and professionalism. These seeds cannot grow on the rocks or lies, lethargy, and lack of commitment. When I hear people sob an mewl that “Joint Ventures don’t work”, they are simply revealing the fact that they do not have the requisite qualities.
Joint Ventures work on the principle of leverage. The entrepreneurial ego has to be sublimated. The need to do yourself what others can do better, to prove yourself, gain acceptance, or any other activity that fills the need of those with an inferiority complex, will undermine the efficacy of JV’s in your life. Given that your real goal is success through the leverage and time freedom afforded those who understand and use Joint Ventures, the only thing stopping you is adequate information, and it is my commitment to provide the information, training, tools, access, and support you need to have more than enough time, money and freedom through the intelligent application of Joint Ventures in your life.
Robin J. Elliott www.DollarMakers.com
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01.11.08
Posted in Uncategorized at 5:15 pm by Robin J. Elliott
How would you like to spend 10-20 minutes per day and make a great living trading stocks on-line? This is not another software package or $5000 seminar that tells you the “what” but not the “how”. For a modest monthly fee under $200 you will receive fully analyzed stock picks ready to trade for next day profits. The company is waiving the upfront fee for the month of January.
This is a simple trading discipline that can be picked up in minutes once you are getting the right stocks to trade. This is not the buy and hold and pray strategy we are accustomed to that sees you ride out the highs and the lows. Your money is typically off the table each day with profits often realized in the first 45 minutes of trading.
You don’t need to read boring books about the inner workings of the stock market or study profit/loss statements to do your due diligence on the companies you want to trade. The analyzing is all done for you. And the two best things are:
1. You get to practice for as long as you like with fake money in a “dummy” account before risking your own.
2. You can cancel your subscription with appropriate notice and not have wasted 5-10k buying a software program you no longer want.
In other words, we just removed the risk and effort keeping you from making serious money from anywhere in the world in the stock market in mere minutes per day.
If you’re interested in taking advantage of this offer or getting more information, (you will need a minimum of $5000 to trade when you’re ready, to make it worthwhile), e mail me at robin@dollarmakers.com with “TRADE” in the Subject Line of your e mail.
Robin J. Elliott www.DollarMakers.com
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Posted in Uncategorized at 4:02 pm by Robin J. Elliott
First of all, I recommend multiple streams on income, and a Network Marketing (MLM) business is one stream. When you have many other streams, they can feed your MLM business and vice versa.
I am one of those people who used to hate MLM with a vengeance. I met so many losers and flakes in that business, and so many of the products were snake oil juices and overrated placebo effect lotions and potions. The members were just like cult members and most of them made no money. I dabbled in one or two but got out because of the people.
Yet, in theory, Network Marketing is the answer – a huge company handling all your tracking, admin, money, delivery of the products and services, support, training, giving you instant credibility and providing a proven system. Why is it that so many people fail? And here’s where we get to the real meat of the issue. Only three percent of people are real winners. Not because of their intelligence, education, age, or ability, but because only three percent will consistently and persistently do what it takes to succeed in any avenue of life. Most people simply don’t have the self discipline and drive to succeed in business.
Many of my Readers will have been disappointed in MLM companies, and it’s usually our own fault. One, we chose the wrong company, two, we worked with the wrong people, and three, we didn’t follow the system. But the right company with the right team and the right system, properly followed, is a recipe for great wealth. I only want to be associated with reputable, professional people and businesses. I have very high standards, and I want to feel comfortable when I recommend something.
Then I got into an MLM company that actually delivers a very good service and I rose fast in the ranks and made thousands of dollars, and realized that my biggest problem as an entrepreneur was that I didn’t follow the systems in the other companies. I also learned what to look for and hat to avoid. Now I have found four exceptional MLM companies. One is in the United Kingdom and if you want more info I’ll send it to you, but I can’t join it because I live in Canada. If I lived in the UK, I would join it tomorrow. I am a Director in each of the other three companies.
Here’s what you get in a good Network Marketing company like the three above:
• True leverage and residual income. People bringing people bringing people, exponential growth, unlimited potential.
• Very low entry barrier – anyone can afford to get into the business, and their only limitations are self-imposed. Taxi drivers, mailmen, teachers, CEO’s, gardeners, students, entrepreneurs – ANYONE can get rich in the right company if they follow the system.
• No admin, no handling money or inventory or shipping or accounting – all done for you, all automated, all tracked, a dream come true.
• Exceptional training and support, an real win/win deal. People have a vested interest in helping you succeed.
• The income can be willed, and continues even while you’re not working, on a beach somewhere, or sleeping. One five minute phone call can get someone a thousand miles away working on your business for five days – now THAT is leverage.
Here’s the best part. I have many people who know and trust me in all three of my MLM business downlines. More leverage! As I said, choosing the RIGHT COMPANY is the start. Then, choose the right team, and if you’re self-disciplined, motivate, persistent, and consistent, and if you follow the system and spare us your brilliance, your success is as good as guaranteed.
And so my answer is YES, the right MLM business is the ultimate JV. Here are my three. Join my team and let’s make your dreams come true!
1. www.DollarMakersBusiness.com
2. www.DollarMakersWealth.com
3. www.DollarMakersTravel.com
The book that finally showed me how MLM works is The Slight Edge, by Jeff Olson. Amazing book – changed my life and makes me thousands of dollars a month in MLM. Jeff is part of one of the companies in which I am currently a Director: www.DollarmakersBusiness.com
Robin J. Elliott $
www.DollarMakers.com
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Posted in Uncategorized at 3:09 pm by Robin J. Elliott
Want to Retire in One Year?
In the United Kingdom, call 0845 652-2610
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01.05.08
Posted in Uncategorized at 7:08 pm by Robin J. Elliott
If you’re not using this incredible service, you’re missing out, big time.
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01.04.08
Posted in Uncategorized at 6:16 pm by Robin J. Elliott
People who don’t understand how to use Joint Ventures spend a huge amount of money acquiring leads to sell to. And usually, the throw the unconverted leads away! Crazy, I know. But dry your eyes and get up off the ground. It’s sad but true. I know. And you thought that everyone who had money was smart. Don’t be sad, because we can help them recover some of the money they invested in those leads.
Some even buy lists. Here’s the thing: People don’t buy for a reason. Usually, the timing isn’t right, but that doesn’t mean they will NEVER buy. Or they don’t like or trust the sleazy salesperson (often the case), or they had a bad day and their dog bit them. Here’s what you do: you talk to the person who has the leads. “What do you pay to get al these leads? What do you do with the ones you don’t sell? Could I buy them?” Now you can buy them and resell them, or you can buy them and pay for them contingent on result. In other words, if you can get someone else to sell them, you will share some of the commission with the person who gave you the unconverted leads.
Here’s a simple example that even I can understand: John is a business broker. He sells people businesses and most of the people that buy them lose their money (statistical reality) but he makes money. So he’s happy. He buys his leads from websites and list brokers. He also advertises and gets leads from the advertisements. He estimates in his wisdom that each leads ends up costing him $5, and he sells about 4% of the, He still makes money, so he bought a new Harley (which he fell off), but he throws the unconverted leads away.
You take the leads and give them to another business broker and you three share the commission when a business is sold to one of John’s leads. Or you can sign John up under you in your Network Marketing company and use the leads to build his downline. Or you contact these people, find out who has actually bought a business form someone else, and link them up with a business consultant, a computer expert, an office furniture dealer, and an accountant, and share the commissions you get from all the money he spends on any of these services or products. You can send them Gift Certificates. Many of them will have cash flow problems, so you can help them invest in Bridge Financing. There is no end to the opportunities here.
The place to sell those leads is to the competition – same target market, different options, higher closing ratios perhaps.
But I’m getting bored with this so I will go and have a nice cup of Tetleys Tea and a ginger biscuit (cookie) or six, while you think about all the money you could make from unconverted leads.
Robin J. Elliott www.DollarMakers.com
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Posted in Uncategorized at 1:27 pm by Robin J. Elliott
Most small and medium-sized businesses work at about 10% of their profit capacity. They simply work too hard for too little, because they neglect the most lucrative opportunity available to them - Back End Income. Any intelligent business owner who understands and implements this philosophy with the right people can double his profits in three months or less. Bold statement, and absolutely true.
You’re not in business to make sales, get new customers, or provide good value. You’re in business to earn Net Profit. Most entrepreneurs forget this as their egos and emotions overtake their reason and objectivity. They’re employees and children masquerading as mature business owners. They’re self-employed, broke salespeople wearing entrepreneur masks. The purpose of business is to make a profit. I know that’s a revelation for many, and if you think I am out to lunch, consider this: In your own business, your net profit might be 6% or 20%. Back-end income is 100% and residual, with no cost, no risk, and virtually no time required. It’s a no-brainer.
Let’s consider my auto mechanic, Ray. He’s a great guy and an expert who sells his time and battles to find employees who stay with him, so he works harder and harder and earns less and less because his costs and competition increases. He’s getting older, too, so he’s a bit slower. How could we double his profit? If he sets up a Joint Venture with a car detailing business, Ray could offer this as an additional, add-on service option to all his customers. If they choose the detailing service, Ray simply calls the detailing guy who shows up and cleans the car. Ray shares the profit, which to him is 100% margin. What else could he do? Offer new and used cars, financing, cell phones, insurance, gift certificate that earn him money when they result in sales… unlimited options, no extra time - simply a check list and a referral - and no cost or risk.
Realtors can add furniture, lawn maintenance, insurance, construction, appliances, home theaters, renovations, flooring, electrical and plumbing services… you get my drift. Easy. How about retail outlets, jewelers, carpet cleaners? Unlimited opportunities. As a Broker, you can link all these services and systems up and make a huge amount of money as a Middleman. Make it easy for lazy and busy people to leverage what they already have - customers, credibility, relationships, databases, and access. Set it up for them and share the love. Remember, on a Bell Curve, the average IQ is only 100. Most people will never understand this, and you can make money by making them more money.
What else do your customers want and need? How can we relieve their pain, save them time and money, an make life easier for them? How can we add value to their lives? It would be far easier for me if my realtor provided me a list of known and respected, recommended, professional renovators, handymen, flooring and painting experts, furniture retailers and home theater experts, electricians and plumbers, carpet cleaners and computer experts when he sold me my home. And he could earn a commission on each of the services I purchased, on an on-going basis! That income would be 100% profit in his pocket. You could set that up for Realtors and share the resulting commissions with them. Most Realtors make very little money, and this service could make them money even when they don’t sell a house! “Mrs. Jones, I’m sorry I couldn’t find a suitable home for you, however please accept this Directory from me as a thank-you gesture for your patience and interest. Living in this area, I know it will be important for you to find reliable contractor and suppliers, and this Directory also contains discount coupons, gift certificates, and vouchers valued at $2,000. My gift to you.”
Naturally, the key is to only Joint Venture with and recommend solid, honest, and professional people, and that’s why I started the DollarMakers Joint Venture Broker Club. Members must abide by our Code of Business Ethics or get fired. And I do fire Members. Join the DollarMakers Club or the DollarMakers Women’s Club (Ladies Only) and get instant access to hundreds of people who understand Joint Ventures. I personally work exclusively with my Members.
If you don’t use back ends, this article can change your life. If you have a good back-end structure in place, you can afford to break even or even lose money on the front end, initial sale and still get rich.
Robin J. Elliott www.DollarMakers.com
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