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Consider International Joint Ventures

Written by: Robin Elliott

Article Overview: The world is at your feet!

Consider International Joint Ventures

Some of the Members of the Joint Venture Forum balk at the idea of an international Joint Venture, whereas they are often among the most lucrative and the most satisfying JV’s around. I am currently enjoying Joint Ventures with Members in Australia, South Africa, England, the United States, and Canada. By doing JV’s with Members only, you achieve a certain level of protection, because of our Code of Ethics and common ground, and you save a lot of time, because you don’t have to educate them or deal with stingy people.

Another benefit of international Joint Ventures is that everything is in writing, plain as day, no misunderstandings, clear and concise. In addition, if you stick to the “no money, no risk” policy, you have nothing to lose and everything to gain. By building a solid relationship via phone and e-mail, one can be more specific and objective. In many cases, you will find that deadlines and duties are honored at a higher level than local JV’s. Distance adds a little respect and excitement as well. (Familiarity is said to breed contempt. I say, “Nice guys get taken advantage of.”) Seems to me, when people are dealing with someone far away, they tend to prioritize that JV and seldom put your deal on the back burner.

One of the truly fulfilling JV’s I’m currently involved in is with a Member in Florida, Nathan Gilder. His team created these amazing 3d animation depictions of the JV concept: “Toll Bridge” - Click Here and “Money Magnet” – Click Here
In return for Nathan’s work, we promote him on our Blog, our 42 websites and in our five ezines, as well as at our Joint Venture Broker Bootcamps 101 and 202. It’s a pleasure to work with Nathan – he’s always on time and he does a wonderful job.

You might want to consider embarking on a few international Joint Ventures. At the time of writing, we have 460 Members of the DollarMakers Joint Venture Forum around the world.

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Related Forum Posts
Joint Ventures?? - I read this following paragraph in another business forum. Has anyone used joint ventures and had successful results? How do you go about setting up joint ventures? [quote:3vnvuml9]Joint Ventures have been, and always will be one of the most powerful marketing tactics ever, and for good reason. They are easy to set up, and they cost you nothing and if set up correctly will allow you to have more customers than you can handle! So if you promote a great product or service and want to expose it to more prospects, or you you seek ways to increase your sales, but aren't quite sure how to go about it you should definitely consider harnessing the power of Joint Ventures And the best part is that anybody can start using joint ventures to skyrocket their profits. It doesn't matter what you sell, or where you sell it.[/quote:3vnvuml9]
Re: Marketing a company - Get their contacts from someone who had been marketing to them before and do Joint Ventures with the guy
Free Ebook on Joint Ventures - Julie, you might be interested in the free ebook offer through Dollarmakers.com on Joint Ventures that has upto 30 variations for a small business to create joint ventures. Once you've read it I'd be happy to share more advanced ideas based on the book.
Different types of funding - Business Relationship Funding This is another source of funds that can be overlooked. It may be possible to introduce potential alliances to add value to both parties. It may produce an ultimate exit route in the medium to long term. Joint Ventures: Requires a legal agreement embodying the deal and another company Partnerships: Two companies collaborate with possible funding. Joint working relationships: These are an informal partnership which may be more project specific where the parties can share resources. Agencies: These can be geographical or product specific and generally incorporates a payment for the right to the agency. Distributors: Very like an agency but may not necessarily involve up front payment. Alliances: These do not require a separate company and can be embodied by a legal agreement to work together. Trade investors: Otherwise known as Corporate Partnering. This can be a good way to involve a much larger company in the business with a view to possible trade sale further down the line. Associates: This can be a loose arrangement with no fundamental commitments either way, rather like a preferred supplier. Equity Swop: Two companies exchange shares to a similar value to develop both businesses. Franchises: This can allow the business to grow without further direct investment. Licensing: This involves licensing a product or service to enable others to sell it. This requires you to own the intellectual property.
Joint Venture - How did the seminar go yesterday? Joint ventures can open up so many possibilties and are a great way to promote your products and/or services to a whole new and with the right base, to a targeted audience. Chris


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