Archive for January, 2009
A Lesson from Skiing
This morning, I learned an important lesson, watching a mom teaching her son to ski on Mount Seymour. She said, “Do exactly what I told you to, and we will practice it until you get it right. Then we’ll go to a higher slope.” During the morning, I watched them progress, step by step, and her son was highly motivated to get to the next level. He worked for every increase, and didn’t expect instant results. He had to perfect each skill before he could learn the next skill. No instant gratification.
We need to conscientiously build our businesses, step by step, without expecting magical growth and results.There is no substitute for hard work, self-discipline, and persistence. That little boy was learning valuable life lessons.
Robin J. Ellioyt www.DollarMakers.com
No commentsIs Your Business Running on Empty?
Some entrepreneurs feel they are running on empty; no more savings, tried everything, cut costs and overhead to the bone, working the remaining employees like indentured workers, the ship is sinking, and there’s no way out. Hanging on by the fingernails, burning the candle at both ends, and all that. You feel like you’re coasting to a stop on a steep hill and you have no brakes, and when you stop, you’ll run backwards down the hill and into the smelly swamp of bankruptcy, humiliation, and some heavy weeping. I have a solution for you.
When Houdini promised to escape from a prison cell in ten minutes, and after nine minutes of unsuccessfully picking the lock, he leaned back, exhausted, against the door, it simply swung open; it was never locked. The door, my frantic friend, is not locked. The biscuit tin may seem empty, but there’s a false bottom in it – that false bottom is analogous of the conditioning most entrepreneurs have been subject to – and there is some serious coin under that false bottom. This recession may well be the best thing that ever happened to your business, since you might be in a place where you are desperate enough to consider some alternatives that you missed during the “good” times. I have met some pretty arrogant entrepreneurs in my time – they felt very important while riding the wave of prosperity, and now they’re getting dumped, they’ve swallowed a healthy dose of salty seawater, and they’re gasping for air.
Here are some of your Hidden Assets that you can quickly turn into multiple rivers of residual, 100% net profit income:
1.   Your database
2.   Your relationships
3.   Your employees
4.   The resources of your friends, associates, and competition. (Yes, I said “Competition” – that which you feared, fought, faulted, and defamed is actually a Hidden Asset.)
5.   Your existing advertising, distribution, excess inventory, inactive customers, unconverted leads, perishable assets, and intellectual property.
And here is your most valuable Hidden Asset: Your MIND. Time for a turn-around! When you look at your business through the eyes of a Joint Venture Broker, everything changes. Suddenly, we think about value, profit, leverage, and options, and ye olde ego takes a back seat. Do yourself a favor: take a good, long, objective look at what DollarMakers and our DollarMakers Certified Business Mentors have to offer you. This isn’t a lifeline to a muddy shore; it’s a golden bridge to Treasure Island. Talk is cheap; we pull no punches, and we specialize in straight talk, action, and results.
Get excited – get very excited. DollarMakers is on the line.
Robin J. Elliott www.DollarMakers.com
No commentsTall Trees Catch the Wind
“Do you want to be popular? Then you can’t be too successful in business.” The more successful you become, the less you compromise your values, and the more you achieve, the less the majority will like you. Microsoft was attacked by none less than the American government. Ayn Rand said, “‘Mediocrity’ doesn’t mean average intelligence, it means an average intelligence that resents and envies its betters.”
When you think about it, it makes sense. When you’re up in the top 2% of earners, guess how the rest of the people feel about you? Jealousy, resentment, and anger? General George Patton is one of my heroes. He was the most controversial American general in World War II- and also one of the most successful, courageous, and audacious. As a post-war administrator of defeated Germany, he sounded alarm bells about the dangers of Soviet encroachment into Europe. Politically, he was a lightning rod – an outspoken conservative who continually embarrassed his superiors with his uncensored, undiplomatic, and unrestrained comments to the press. He was General George S. Patton Jr., old Blood and Guts. When I mentioned that he was my hero at a fraternity I belonged to, I was shocked at the vicious reaction from my associates. Of one accord, they told me what a nasty person General Patton was. I realized that I was associating with a bunch of gutless losers, and this was the final straw. Within a month I had left them to their mediocre miseries, never to return. It’s bad enough when you eagerly welcome army deserters into your country, but quite another when you attack someone like General Patton, while fraternizing with Castro.
Now Robert K. Wilcox has written a book called “Target: Patton: The Plot to Assassinate General George S. Patton.” One of the theories Wilcox examines is singles out Donovan, a friend of FDR and an advocate of friendship with the Russians, as the one who ordered an assassination of Patton before he left Germany. Patton had telegraphed his plans to resign from the Army, rather than retire — he was independently wealthy — allowing him to speak freely about the war and the mistakes he believed Eisenhower, Omar Bradley and other generals had made, Wilcox writes. Read more about this fascinating book here
My point is simple. Ayn Rand said, “Men have been taught that it is a virtue to agree with others. But the creator is the man who disagrees. Men have been taught that it is a virtue to swim with the current. But the creator is the man who goes against the current. Men have been taught that it is a virtue to stand together. But the creator is the man who stands alone.” Be all you can be. You don’t need the sanction or permission of the seething herd. Have the guts to leave the ruts. You’ll have far less friends at the top, but you’ll have friends who are worth a hundred times what you’ll find at the bottom. Now go watch the movie, “The Insider“.

Robin J. Elliott www.DollarMakers.com
No commentsThe DollarMakers Fifth Annual Convention
DollarMakers Members, and Members’ friends and family are going to enjoy an Alaskan Cruise August 29 – September 5, 2009 More information HERE
Build relationships with the cream of the crop, attend stimulating training sessions by hand-picked DollarMakers experts, and have a wonderful holiday!
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