Make money as a joint venture broker

Make money as a joint venture broker

Author: Racot Date: 05.06.2017

Download for yourself the Nine Simple Joint Venture Examples PDF. It's exactly the same as this page only different! One simple way to implement Joint Venturing is to start setting them up "as you go. Elliott suggests, "When you respond to a need and make a referral, which you do every day, simply monetize the transaction and build in residual income wherever possible. I help John by finding him a reliable, trustworthy, professional realtor.

I help the realtor by bringing her business she would not otherwise have had. If a sale is made, both the realtor and I get paid. No money, no risk, very little time. I'll ask her to call you and show you what she's got. As with the example above, "When next John buys a house from the same realtor, she pays me again. A common question asked then is, "How do I get people to pay me who I've already been referring business for free?

Elliott's solution to turn non-paying business referrals into reciprocating relationships in his video Blog. Also, from his book How to Retire in One Year, Robin J. Elliott suggests that, "When you have multiple Joint Ventures in place, the one can "feed on" the other, thereby multiplying your income.

For example, if someone is already buying from or dealing with one of your JV partners, you can easily invite them to participate in a second and third JV with another partner.

From his book How to Retire in One Year, Robin J. When I trained hairdressers to increase their profits using JVs, I guaranteed double profits in two months. When I spoke at hairdressing event, the owner of the Redken product rights for South Africa approached me with a JV offer. He wanted to get his Redken hair products into more salons, and I wanted more clients. If I agreed to exclusively train Redken client salons, he would promote my services to his database through his sales team.

No money, no risk. I repeated this with Wella, Goldwell, and others. Remember, I'm not a hairdresser; I hardly have any hair, anyway! I don't know of any other way I could have increased my business so dramatically with no cost, risk, or time. Now you are probably wondering how I doubled the salon's profits in two months.

I also used Joint Ventures on their end. First of all, they had to follow my instructions and take action. Most people don't follow the recipe and don't take action, so they don't get results - instead, they get a job.

make money as a joint venture broker

Here's how we did it. First, I was working exclusively with high-end salons. We printed hundreds of high quality Gift Certificates, entitling the holder to a free cut and blow wave. We found ten businesses that catered to our demographic model - middle-aged, wealthy women. Restaurants, beauty salons, clothing stores, health clubs, jewelers, clubs, etc.

Very soon, all the seats in the salon were filled, and because of our truly spectacular and unique service I won't discuss this now, but it included a menu, champagne, Client Card, Membership options, exceptional personal service and recognition, personalization, etc.

That increased profits somewhat, but once the salon was fully booked, the law of supply and demand allowed us to raise prices. Increasing process goes straight to the bottom line, of course.

Next, we set up at least fifteen Joint Venture Partners who all supplied us with excellent value Gift Certificates and paid us generous commissions on resulting business. Don't Have VIP Access? Home JV Definition Get Started Store About MOU FAQ Blog Testimonials. Advanced Definition of a JV JV Definition JV Advantages Differences Evaluate JVs 9 JV Examples.

Nine Joint Venture Examples To Help You Get Started. Easy as onetwothree! About Us MOU Template Free 90 Minute Video Joint Venture Videos Articles Contact Us John Galt Speech. Nine Simple Joint Venture Examples. Joint Venture Expert Robin J. Elliott defines a Joint Venture as " Get Paid for Referrals: Joint Venture "As You Go" One simple way to implement Joint Venturing is to start setting them up "as you go.

A Common Question A common question asked then is, "How do I get people to pay me who I've already been referring business for free? Multiplying Your Income Also, from his book How to Retire in One Year, Robin J. Elliott has leveraged Joint Ventures in business to create multiple streams of passive income flowing to him from all parts of the world on an ongoing basis. He now teaches the creative business strategies he has used to succeed at the DollarMakers Bootcamps, so that anyone may quickly and easily take advantage of this method of wealth creation.

Hairdressers - 4 Ways to Make Money with Joint Ventures When I trained hairdressers to increase their profits using JVs, I guaranteed double profits in two months.

Making Introductions to Make Money I don't know of any other way I could have increased my business so dramatically with no cost, risk, or time. Doubling the Salon's Profits Now you are probably wondering how I doubled the salon's profits in two months. JV to Get Seats Filled First, I was working exclusively with high-end salons. Building a Profitable Back End with JVs Next, we set up at least fifteen Joint Venture Partners who all supplied us with excellent value Gift Certificates and paid us generous commissions on resulting business.

Stylists were trained how to present the Gift Certificates. Every client received a Gift Certificate at every visit. We knew which clients had received which Gift Certificates to avoid duplication. This income was all net profit and here's where the dramatic increases took place: Our JV partners included realtors, jewelers, travel agents, interior designers, clothing shops, spas, hotels, restaurants, financial planners, investments specialists, holiday home and timeshare people, sports shops, image consultants, and more.

Canteen - Leverage Someone Else's Unused Resource for Free My Dad and I heard about a savings and loan company tutorial in forex trading society that didn't have a canteen. Huge building, lots of hungry employees, no canteen.

make money as a joint venture broker

No charge, no rent, captive audience. All I did was ask This is the only time I did business with my Dad, and it was great fun. We got a fridge from Coca Cola, hired a worker, bought inventory, got a cart to move food around in the building to sell even more, and started to cash flow from day one. Our outlay was minimal and we made money. Here's the real money: As soon as the canteen was running at a good profit and our systems were in place, we advertised and sold the rights and the business for six thousand bucks to a policeman!

Anyone could have done that.

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Find a need rhb forex singapore fill it. Help people to get what they want.

Be proactive, professional, honest, and industrious. You pay peanuts, you get monkeys, with apologies to primates everywhere. Anyway, you get make money as a joint venture broker certain level of commitment from sales reps, but you get a lot more from an "ownership mentality". Here's the thing - their commitment soared, so their sales soared, too. Creating a business opportunity works I have done this many times in various industries, moving huge amounts of product by selling them in bulk to distributors, selling training, franchises, and other opportunities.

It's easy for an entrepreneur to create a business opportunity. But as time went by and I realized what a small percentage of people actually succeed in their own conventional business, I stopped selling business opportunities.

Instead, I show people campbell soup stock market to make money with no cost or risk through JV's. Real Life Examples of How People Doubled Their Business Profits Using These Joint Venture Dfo brisbane trading hours public holidays From his book How to Double Your Business Profits in 97 Days, Robin J.

Elliott shares real life examples of how people doubled their business profits using these Joint Venture systems Forex investment trading usaa. Elliott teaches at the DollarMakers Bootcamps.

Auto Lube and Tire Business Our client needed to differentiate himself from a lot of competition. Click here to read about more about how giving stuff away is great marketing. Differentiate Yourself Enough and Get Free Press This gave us press coverage, which led to more sales. Create Sponsored Events and More to Build Customer Relations We created a Friday BBQ for all customers to attend - no hard liquor, only sodas -and all the food was sponsored by our vendors and local businesses, who liked the idea of piggybacking on our growth.

None of the competition even thought of this. We created a Student Discount Card paid for by sponsors advertising on the backs of the cards which we distributed through the Student Body of a local college, and this built the business and the database significantly. We also started Business Networking Meetings for local businesses - door prizes sponsored by local businesses - and sold Memberships.

This was held at a local hotel and gave us huge access and credibility. Increase Their Stay and Sell More We started provided free coffee in ceramic mugs, which kept customers in the store longer - none of the competition offered coffee.

The information on buy penny stocks etrade people stayed in the store, the more they were inclined to buy, so we started carrying impulse buy forex ea programozás, especially geared toward men.

I learned this from a jewellery store in Bellingham, WA. Get Free Advertising while Simultaneously Building Relations We created a "Customer of the Month" plaque - a randomly selected customer - and the plaque was hung in the office of the customer for a full month, then recycled to the next winner.

So we were getting advertising in other peoples' offices - we soon made it "Customer of the Week"! This business established itself as an Innovator - something was always happening there - and people started kmart hours new years day, word of mouth advertising grew, and it got so busy that we could focus on the back end and subcontracting, thereby exploding the profits. Mine Your Untapped Resources with a Resource Audit Zayla forex system review we did a Resource Audit to discover what other resources he had, and found that he had a large database of businesses that had bought from him, and also strong connections in Dubai.

That's a lot of gift baskets he didn't have to make. Click here to get your free resource audit and read more about tapping into your underutilized resources. All his JV partners have started using his Gift Basket service, as well. Boosting Profits with Trade and Barter Then he joined a Trade Company and they promoted his baskets on trade to their database. Click here to read more about the real life powerhouse of barter and trade deals. House Cleaning Business One of our DollarMakers Club Members in the UK has a house cleaning business - over high-end clients who spend good money.

He keeps his customers on average for two years - good client retention, low attrition. How can he use Joint Ventures to double his profits in three months? A Website Joint Venture We added a solid website with links to numerous JV partners who all paid for links and also paid ongoing commissions for business they got, including home theatre services, landscaping, jewellery, financing, interior design, limo services, party and catering services, and a lot more.

Building a Back End with Gift Certificates These JV Partners also provided high quality Gift Certificates that we distributed selectively via our new, monthly, hard copy newsletters and weekly e-zines - one per month.

The first was a free jewelry evaluation or cleaning. The second a free Home Theater demonstration.

The third a free Interior Design Consultation. Cleaners will make sure every client has a copy of the newsletter every month, in case it gets lost in the mail. This is creating good back-end, additional income. Share the Love with Customers Too In addition, we created a points system, which financially rewarded customers for length of patronage the longer they used the service, the more value we created and referred business.

Leverage Other People's Databases We also Joint Ventured with several partners who had large lists of wealthy home owners, and they very selectively provided their lists with a Gift Certificate offering a free, limited house cleaning as a sample of the service the client provided.

We naturally pay an ongoing commission on all new business resulting from these Joint Ventures.

Click Here for a full article on Private Labelling. Then the dentist approached a Seattle radio talk-show host, did his teeth for free, and had him sing their praises on his radio show at no charge for months! Restaurant We started the client off with a powerful training program to teach their employees how to deliver excellent service, particularly focusing on what happened at the END of the meal, including added value like walking guests to their cars with an umbrella in the rain, opening car doors, etc.

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Menus also have an advert in them to sell menu advertising! Naturally, this is an ideal opportunity to distribute Gift Certificates and sell menu advertising. A Worthwhile Website We created a solid website with links to our JV partners, as with the cleaning company, and built a strong database every guest is offered an incentive to opt in to our database at the time they are in the restaurant which maintains regular contact via hard copy and e-newsletters, each edition highlighting one of our customer's businesses our point system rewards regular visits to the restaurant.

Setting Up Programs that Pay We also created a Membership program, with discounts to offset the cost of Membership, build cashflow, and incentivise frequent visits and recommendations to the restaurant.

And we pay commissions for referrals to Christmas parties and other group referrals. These certificates are customized with their own name: Give Employees a Vested Interest All the servers are on commission and tips only, and they benefit from the restaurant's success - graphs are posted DAILY so everyone knows how well we do and how they personally and directly benefit.

Realtor Real Estate Agent We had this client create a Directory that had 32 advertisers in it who were also JV partners, which meant they paid for the advertising but also paid him commissions on resulting business. He made money on the Directory printing, made money selling the directory to other realtors, and made money on the back end off all the commissions generated.

He incorporated Gift Certificates and samples from local businesses, too. People buying houses need numerous additional contacts and services, and businesses providing flooring, painting, renovations, windows, interior design, furniture, television, CCTV, patio furniture, lighting, plumbing, electrical services, and many other services were carefully vetted before being brought on board to serve them.

The realtor also built a large database, which he leveraged by offering them other JV partners' services, including mortgages, insurance, and paving.

His newsletters became popular because of all the "Freebies" they provided their grateful readers. Joint Ventures know no bounds! Literally ANY business ANYWHERE in the world can be Joint Ventured in a multitude of ways to boost profits. The only limitations of this phenomenal business strategy are the creativity of the user which is significantly improved by attending a Bootcamptheir ability to select good partners which is greatly aided by joining the DollarMakers Club and their willingness to take action.

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