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Five Good Joint Venture Questions to Ask

Written by: Robin Elliott

Article Overview: Ask these questions and fill your wallet!

Five Good Joint Venture Questions to Ask

You learn more by asking than by telling. And you get more done. Not everybody will be a good JV partner.

There are a few questions you can ask that will make it easier to set up a JV. Before you do, though, here is a word of advice: You can only make money with people who make money. By that, I mean people who are struggling financially are not good JV partner choices. They often whine about costs, look for excuses not to pay and can be very mercenary, even dishonest. Desperate people do desperate things. Seek successful people to partner with.
Also, remember that you’re not looking for a sales job. As a Joint Venture Broker, you will simply link supply and demand and get paid on all, ongoing, resulting business.

ASK:
1. “What do you want for your business, more than anything else, and, on a scale of one to ten, how badly do you want it?” (Anything less than 10, walk away.)

2. “What do I need to deliver to you in order for you to write me a check for $2,000 every month?”

3. “What commission will you pay me on gross sales that I generate for you?”

4. “What marketing materials, sales aids, and marketing help can you provide me with?” (Get them to pay for expenses if you can, including trade show booths, DVD’s, CD’s, advertising, reports, samples, consultations, seminars, books, etc.)

5. “What tracking systems do you already have in place?”

And if you’re really smart, you will work with fellow Members of the DollarMakers Joint Venture Forum – we have over 450 of them around the world, just waiting for you!

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Related Forum Posts
Re: [JOINT VENTURE] Want FREE Staff? Want to Scale Up Massively? - Hi Alan, Welcome to the forum! [quote="Joint Venture":2bfdqwzb]Total transparency is a must when JVing with someone.[/quote:2bfdqwzb] What about when inviting people to send you their proposals...? Cheers, David H
Don't leave your Wallet on the table - Targetzone, Evan has great points on targeting you package. Also I read the revenue model you mentioned and i believe you are leaving a lot of money on the table. Aisde from making just $15/sale of a package you could also be making income from sales generated after the people use the coupon on their second and ongoing visits to the Service/Product company. I've sent you a PM - We can talk more advanced strategies. BTW - I'm a Dollarmakers Member and have taken the Joint Venture BootCamp 101 and highly recommend it if you wish to pursue this idea. PM me privately and we can talk.
Re: [JOINT VENTURE] Want FREE Staff? Want to Scale Up Massively? - [quote="Joint Venture":3738ldxh][quote="Ringo":3738ldxh]1) Credentials? Any website? Any client list? 2) Where do you get your staff from? How? I mean if i really am going to hand over a lot of sensitive information to be handled by staff of your choosing, I'll need to know how you operate with total transparency.[/quote:3738ldxh] Ringo, 1) Send me an email with your proposal and if I like it I shall disclose all that your need. 2) That's my USP! Total transparency is a must when JVing with someone. Let me know your proposal and we may discuss it. In regards to staff dealing with your sensitive information, compartmentalize the data. Have different teams deal with only a section of the whole picture. [quote="ideasuniversity":3738ldxh]How long have you been doing this? And what are your success rate?[/quote:3738ldxh] Joint venturing? I have done JVs before and had good success. This JV? Brand new. New source of staff. Success rate? I've made a good bit money! [quote="Trent Brownrigg":3738ldxh]This same person posted this exact same post several times at another forum I moderate. Now, he is posting it here as his very first post. I consider that to be a spammer![/quote:3738ldxh] I consider it being proactive! Sorry if I have stepped on anyone's toes. Not my intentions. Look forward to reading more of your emails, Alan[/quote:3738ldxh] Let have your website.
Re: need a capitalist to hear me out - If you have solid business plan, there are thousands of Angel Investors and Venture Capitalists that will fund your project. Google "Venture Capitalist" and you will get tons of investors who are ready to fund your project
Re: [JOINT VENTURE] Want FREE Staff? Want to Scale Up Massively? - [quote="Joint Venture":1ofoz1sm] [quote="Trent Brownrigg":1ofoz1sm]This same person posted this exact same post several times at another forum I moderate. Now, he is posting it here as his very first post. I consider that to be a spammer![/quote:1ofoz1sm] I consider it being proactive! Sorry if I have stepped on anyone's toes. Not my intentions. Look forward to reading more of your emails, Alan[/quote:1ofoz1sm] Well, I will give you credit for at least coming back here and replying. But just an fyi that you will be seen as a spammer if you post the same thing on a bunch of different forums, especially if you post it more than once on any one forum. You should be careful about that because a lot of people are members of the same forums.


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