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Joint Venture Selectivity Pays Off

Written by: Robin Elliott

Article Overview: Being selective will make you a lot more money.

Joint Venture Selectivity Pays Off

It is far, far better to invest $10 on each of ten well qualified prospects than to spend $1 on each of 100 less qualified prospects. The old high-powered sniper rifle with a telescopic site and expensive bullets or a shotgun with birdshot analogy. Learn to say, “No” and become selective, and you will save time, save money and be a lot less frustrated. And you will get rich. Be a good steward of your time and resources. Remember, first impressions are important, as is packaging.

Two good examples that I use with Members of the DollarMakers Joint Venture Forum are these:

1. When you’re contemplating doing business with a particular Member of the Forum, call me and ask me for more information on that Member. Do your homework before approaching a potential JV partner. It takes a little time, but your closing ratio will be much higher.

2.We currently have 454 Members. Growing daily. Instead of trying to do business with each of them, select 10% of them that you would love to work with, where you see a good fit. You know that birds of the feather flock together, so have each of them refer you to ten more people. That’s a way to get to a higher quality, more carefully selected group. Each of our Members knows at least 100 people – some have databases of many thousands.

Spend more time checking references and testing people, before you jump in to a JV. Do they return calls and e mails promptly? Do they have their profile on the Members page? What is their reputation among Members? Are they involved in the Forum activities, conference calls, meetings, etc.? Do your due diligence. There is a scripture that say, “Faithful in little, faithful in much.” That means that if people are reliable and honest regarding small matters, it’s an indication of how they will handle larger matters.

The best thing about selectivity is that you end up working with people whom you like, trust, respect and enjoy. JV Brokers deserve a wonderful, happy and prosperous life, so let’s carefully select the people with whom we share that life.

"What a caterpillar calls the end of the world, the master calls a butterfly."

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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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