Joint Ventures
Here’s what I discovered…
The single most profitable thing that I could do was find a need and fill it… but not just any need… one that solved a pressing, painful, HUGE problem!
The need that I currently fill, that is arguably the most profitable online profession is that of connector, deal-maker or “joint venture broker.”
I find people who have product that they want to sell, and I help them to sell a LOT more of them. I do this by first of all… making sure that they have a flawless sales process.
After, I’m satisfied with the sales process (that they have an in-demand product, and a system that will actually convert website visitors into customers), I go out and recruit an ARMY of super affiliates.
I find people who already have the attention of my clients’ ideal customers, and I convince them that it makes sense for them to promote my clients’ products to them… plain and simple.
I take many excellent products that have been struggling and probably would have FLOPPED miserably (simply because not enough of the right people knew about them) and I turn them into
massive successes.
Joint ventures will allow you to compensate for the areas you are weak in. Your partners will provide the knowledge and the skills that are needed in those areas. For example, you‟re great with product creation, but you‟d rather at a loss when it comes to marketing. Your partners in a joint venture will give you the marketing push that you need.
Joint ventures will allow you to take advantage of the aid of businesses with complementing skills and resources. This exchange of stocks will result in a synergy that can propel all the parties involved to the next level of success.
Joint ventures can boost your profits very quickly. Two minds are always better than one. What‟s more if you‟ve got three, or five, or even ten working on the same project and wanting to achieve the same „high level‟ goals.
Joint ventures are less risky. Because the hazards are divided into the number of parties involved, each partner stands to lose only the proportional share of the risks they have undertaken.
Joint ventures offer great branding potential for FREE. Joining a group of highly respected and established names in your industry will allow your business to acquire some of their luster. If you have a joint venture with Microsoft for example, you can immediately see how such a JV partnership would do wonders in how people perceive you and your business.
Joint ventures can build lasting relationships with your partners. Your relationship with your partners does not have to end with the joint venture. You can explore other opportunities with the same people again if things go well the first time around.
