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Examples of Three, Simple Joint Ventures

Written by: Robin Elliott

Article Overview: When people think Joint Ventures are complicated or difficult, it’s good to review some simple examples of real Joint Ventures that I have recently done. Here are three of them.

Examples of Three, Simple Joint Ventures

When people think Joint Ventures are complicated or difficult, it’s good to review some simple examples of real Joint Ventures that I have recently done. Here are three of them:

A Member of the DollarMakers Joint Venture Forum (I only deal with Members) set up a meeting with a well-known seminar leader, who agreed to have me speak at one of his seminars. Out of the 30 people attending (each was paying $3,000 to attend the program), 14 signed up as Members. This is an unusually high percentage. Anyway, the seminar leader and the Member each made good commissions. This seminar leader has 3,500 people in his database and the next step is to arrange a more formal relationship and also to use a teleconference to sign up more Members. This is a win/win/win/win scenario, done with no cost or risk and very little time. The Member and seminar leader will naturally get good commissions on any of those new Members who attend Bootcamps in the future, as well.

Another Member, who is involved in a local church, is arranging for me to present a Bootcamp at the church as a fund raiser. We have agreed on a minimum amount payable per delegate, and all the money will go to the church. I will receive a tax receipt equal to the amount of money raised. We expect, given the amount of church members and the demographic profile, to raise between $5,000 and $10,000 for the day. The church incurs no cost or risk and uses very little time. I sign up new Members and the Member who arranges the JV gets paid on all Members that sign up. In addition, his own business will get great exposure. Everyone wins. This can work for service clubs, sports clubs and societies as well.

A third Member has linked me up with a well connected and influential entrepreneur in another country. All it took was a simple phone call. Any resulting bootcamps or business will make the Member serious money, and as I haven’t worked in that country before, the sky is the limit.

A Joint Venture Broker is simply someone who understands the power of linking people to solutions. You should spend very little time and money and take no risk. Once you have set the deal up, you can stand back and collect the regular income generated. That’s why Joint Ventures is the ideal business. If you haven’t yet joined the DollarMakers Joint Venture Forum, you’re missing an amazing opportunity.

Find out more about Joint Ventures and how to find great Joint Ventures Partners at www.jvwisdom.com.

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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.
Re: New Infographic: Top Ten Reasons to Partner with Someone - I like it. Simple yet informative. I also RT'd it for you.


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