Small Business Information |
|
Where to Find a Cash Windfall of $10,000 to $1,000,000 -- You Never Knew You Had
There is a rather famous true story called "Acres of Diamonds". It is about a successful farmer who risks everything searching the African continent for diamonds. Ultimately he dies sick and penniless, while the new owner of his farm uncovers on his property the largest single diamond ever known to man. Point of fact: After helping hundreds of thousands of entrepreneurs and business owners, I'll lay odds that this story is true for YOU in more ways than you are currently willing to admit to yourself. No matter where you are on the success continuum, your ability to generate tens or hundreds of thousands of dollars in immediate windfall income is well within your reach. I know firsthand, because everyday, I am paid handsomely to do just that by my clients and associates. Now, no one likes to be told that they are sitting on a diamond mine, especially when they don't see it for themselves. So please allow me to give you some advice which could potentially generate a cash jackpot of between $10,000 and $1,000,000 almost overnight. "What's the secret?", you ask impatiently. I'll tell you flat out: Your hidden wealth is buried in your email list... it's hiding in your client list... and it lies dormant in your vendor list. I could go on and on. Here's the secret in a nutshell: One of the places your hidden wealth lies is in the trusted relationships you've cultivated with people over the years. Let me prove my point with a quick example. I recently did a consult with a client who has a wonderful nutritional product. His own clients are very enthusiastic about the results they get. At the same time, although he is successful, he is also cash poor. He needs a cash infusion of hundreds of thousands of dollars to be able to fund the building up of his business. What's the solution? A banker? An angel investor? A partner? Venture capital? Maybe, but I think there might be an easier way. Here's what I suggested to him: I told him to write a heartfelt letter to his most devoted clients which tells his story and includes an offer that they pre-pay for a year's worth of his product to help him build his company. In return for their support, they'll receive very preferential discounts and unique bonuses from him. Will the strategy work? Maybe. Maybe not. We won't know until we test it. But the premise is sound because the odds are exceedingly high that many of his clients will empathize with him and want to be a part of his success by helping him achieve his goals. Why? Because they trust him. Now some of you will be a bit hard headed and say "But I don't have a product" or "I don't have a client list" or "I don't have a business". So let me say it again: YOUR windfall opportunity lies in the trusted relationships YOU have cultivated. And your wealth-building opportunities will be kaleidoscopically different from everybody else's. Here another way of looking it: Wealth = Opportunity = Trusted Relationships Now here's the big question. Whether you own a business or not, how can you put this information into action immediately? My answer for you: Well, the most success-certain way I know is by engineering joint ventures with people. It's my absolute favorite way of building businesses... generating enduring streams of income... and especially creating instant windfall profits. Of the $7 Billion in profits I am credited with, at least $2.5 Billion has been generated doing lucrative joint ventures. Solely by learning how to become a joint venture deal-maker who understands the money-making opportunities and "money connections" that exist all around you, you could turn-around almost any problem... make almost any amount of money you desire... and live a life most people only dream of. Try it! I think you'll be pleasantly surprised the results you achieve. About The Author Jay Abraham is a legendary business builder and marketing genius. Jay is also one of the worlds foremost experts on Joint Ventures. If you'd like to learn more about Jay Abraham's new EXTREMELY AFFORDABLE six month Joint Venture Mentorship program, go to http://jvexperts.com
|
RELATED ARTICLES
Promote Yourself More Successfully One of the great challenges for independent professionals and small businesses, especially when starting out, is generating visibility to ultimately lead to generating sales. How to Avoid the Most Common Reasons for Small Business Failure The life cycle of the typical small business is short and painful. It starts out with a dream and ends with a whimper. And in between, a struggle of Herculean proportions is played out as the owner tries to figure out why the business isn't succeeding. Pressure Washing Business; Steam Cleaner Fuel Maintenance It is essential that you fully understand how the fuel system works on your hot water pressure washer or steam cleaner. If you mess it up it could catch on fire and if you are not right there to put it out, you could potentially lose your machine. This type of equipment has been known to explode and Hydrotek out of California actually has a CD Rom video of a machine exploding when a fuel leak is ignited just to show operators what could happen. We recommend the Hydrotek Hot Water Pressure Washers. Some people prefer Landa, but we have tried them all. Is Your Business Profitable? What's your job profitability? Do you know? Creating a Power Plan Part of the power plan is making sure you have all the necessary contact information within a company. It is one thing to have the CEO's information, as he is the decision-maker, but it is quite another to have the information on others that you may be working with directly. You will not likely work directly with the CEO on any project or product purchase; you will be referred to the appropriate person. The information you gather on others should be the same as the information you gathered on the CEO. You will need to know the personality type to give you that inside edge, and also how much influence they have on the decision to make a purchase; you may find that these other contacts have an authorized spending limit following a set of guidelines. 11 Things Small Business Owners Can Learn From Rudy Giuliani 1. Leadership Is Learned ? While many people appear to have an innate ability to lead, most learn from their life and business experiences, then put these lessons into practice. Giuliani wrote, "The greatest leadership you ever have is the ability to lead your own life." Smart PR Tactics for Small Businesses Small businesses need Public Relations, possibly more than large corporations, to put them on the map. If you consider that time is money, however, you may find that handling your own public relations is a daunting task and not necessarily worth the monetary savings. Here are some ideas of how to get the best bang for your PR buck by thoughtful outsourcing: The Game Plan ? The Difference Between Small Business Success And Failure It is an American dream to own a business. But sadly, according to the U.S. Department of Commerce, only 1 in 5 businesses is still in business 5 years after it opens. Solving the Late Paying Customer Blues Nothing can drive a business down faster than customers who don't pay their bills as agreed. When you sell to customers on credit you are making an agreement with them. You will provide them with goods or services in exchange for their payment within the terms you agree upon. Period. Online Search: Small Businesses Level The Playing Field Seventy percent of US households use the web when shopping locally, and about 25 percent of all searches are looking for local information. As more and more households make the switch to broadband connections, this trend will continue to escalate. Self Serve Car Washes in the United States In the 2003 Auto Laundry News Survey it was determined that only 10% of the Coin-op Car Washes had a web site. So if you are doing lots of individual research on car washes that are self serve, do not expect to find a lot of data on the Internet. Owners of coin-op car washes say that only 76% have internet access. The average population is 64% in the US. Not much better, so this low tech sector of the Industry seems to remain un Tech. Only 15% of coin-ops surveyed took credit cards for tokens, machines or even concession machines. Of which 17% only claimed to have concession machines, which most feel are 1/3 of their income if they had them. Only 4% had drinking water fountains. 13% had added an in bay automatic in the last five years. 51% had more than one location. Are You Making the Most of Your Intern? KEEPING INTEREST HIGH: Supervision is key to the success of the program. Interns like direction, but don't like to feel they are being constantly checked on. Even this small amount of direction, however, can take a great deal of time. It is important to be willing to set aside this time to give the intern direction. One method that seems to work calls for a briefing at the beginning of each day and a "where-do-we-stand?" briefing at its end. Throughout the day, the manager is on hand to answer any questions that might come up -- remember this is a learning experience! There should also be additional time set aside throughout the duration of the internship during which the manager receives feedback from the intern on his or her satisfaction with the assignment and suggestions for future directions. Equally important, interns should receive feedback on their progress. They need to know if they are performing to the manager's expectations. Additionally, many interns have chosen to keep diaries and time logs documenting their involvement. These can be reviewed at the conclusion of that person's internship. Franchising 101- What You Absolutely Need to Know Franchising has made the world look really small. The well known flavors are now not just restricted to a single town or city but can be enjoyed world wide. Otherwise it would only be a dream for somebody in Asia to wear the fashion of Europe, for the West to have delectable food of the East etc. Globally as well as domestically the system of franchising has something good for everyone. Pet Grooming Business Do you like animals? Would you like to work for yourself? Pet grooming could be the career for you. How the Crab Effect Obstructs Growth and How to Conquer It Some of the greatest words of wisdom for any man or woman seeking change or growth are, "Surround yourself with people who will support and believe in you." Franchising Pros and Cons Last week's question from Anthony R. on how to choose the franchise that would best fulfill his life-long dream of owning his own business sparked a number of emails from other readers wanting to offer their two cents on the subject. Dont Let Your Small Business Fall in the FDCPA Trap When someone owes your small business money, you certainly feel like a victim. But did you know that if you aren't careful, you could break the law by trying to get the money back? Pressure Washing Market Niche Those who are in the pressure washer business should not neglect the Hotel exterior cleaning niche. Many five-star hotels spend significant dollars in making sure that their grounds are meticulously cleaned. There are also many regular hotels, which take pride in their hotels. It would be wise to have a customized sales letter and/or brochure made especially for this type of service, with follow-up information on your website. Effectively Completing the Operations Plan Section of Your Business Plan The Operations Plan is a critical component of any business plan as it presents the Company's action plan for executing its vision. The Operations Plan must detail 1) the processes that are performed to serve customers every day (short-term processes) and 2) the overall business milestones that the company must attain to be successful (long-term processes). Small Business Debt Collection Laws In your small business debt collection laws will eventually become important, as your debt grows and some clients do not pay. To collect small business debts legally, you must send a written notice that collections have begun, within five days of first contacting the debtor for collections. The letter must include dispute instructions. |
home | site map |
© 2005 |