SOWPub Small Business Forums  

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here


Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old August 5, 2008, 01:14 PM
Dien Rice Dien Rice is offline
Onwards and upwards!
Join Date: Aug 2006
Posts: 2,641
Default Is the answer... toll positions?

Originally Posted by -TW View Post
The goal is to get to the point where the entrepreneur himself is completely factored OUT of the equation -- the $$$$ flows in AUTOMATICALLY.

That's the biggest difference (as I (+ Mr. Gerber) see it) between a REAL entrepreneur and a self-employed person. The latter is constantly trying to FILL his 'dance card,' whilst the former is constantly trying to figure out ways to EMPTY his dance card!
Hi TW,

It's been an interesting discussion so far!

I just wanted to comment on something from my earlier post...

There, I quoted from an article...

Much the most entertaining [millionaire] was 18-year-old Dominic McVey. He was the essence of Kevin. He responded to conversational gambits with grunts. He flopped in a corner looking filleted. One long, bleached strand of hair suggested the stuffing was coming out of his head. His mouth hung open. He has been a multimillionaire since he was 15, when America gave him the European distribution rights to that scooter that used to get under your feet everywhere. His headmaster noticed he was playing truant again when he saw him on TV in Tokyo, exploring the possibility of importing Japanese lavatories. "I don't think Dominic feels he needs a safety net," said this much-tried man. "He believed in himself to a degree that most people find quite irritating." Dominic agreed. "You have to be so confident in yourself it can make you cringe. But if you're not, you ain't gonna do it."
Apart from his attitude, another interesting thing is how Dominic McVey made his money...

Those who have been following Gordon's posts on this subject (following the wisdom of Harvey Brody) will recognize that McVey created a toll position!

That may be part of the answer to your question, TW... A "toll position" can enable the money to "flow"... even if you don't "work" it.

In Dominic McVey's case, if I understand correctly, he acquired the exclusive rights to distribute a particular type of scooter in the UK. Anyone in the UK who wants to buy that scooter, has to pay the "toll" - that is, the only legal way for them to get it is to get it through him.

Anyway, just thought I'd point that out. Gordon's various posts (based on Harvey Brody's teachings) on "toll positions" could help...

Best wishes,


P.S. Get Harvey Brody's document on toll positions here (free) or here (PDF)

And more info on toll positions here.... and here
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Other recent posts on the forum...

Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | The Art of Leverage | The Success Report | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine) | The Fly Low Collect Dough Update Hotline

Get the report on Harvey Brody's Answers to a Question-Oriented-Person

All times are GMT -4. The time now is 09:15 AM.

Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.