Big business understands the leverage and reach available through Joint Ventures. Recently, H&R Block Inc. and 7-Eleven Inc. signed a three-year agreement that enables Block customers to cash refund loan checks at 1,100 7-Eleven stores in the United States.
You don’t need to spend endless hours creating a competency or distribution channel -- borrow one! Share the love, as it were.
Here’s another example. Online dating is growing in popularity. And people who meet online typically like to meet for the first time in a coffee house like Starbucks. Armed with that data, Starbucks teamed with Yahoo! Personals to produce an "Espresso Dating Guide" that can be found exclusively online at http://personals.yahoo.com/espressodating. The guide offers advice such as what to wear on a first date, what to talk about and, if necessary, how to end the date gracefully. Starbucks is running a print ad campaign to support the online site.
The ego-driven, “Lone Ranger” mentality of the typical small to medium business owner is expensive and risky. Big business has been using Joint Ventures for a long time because they are objective, bottom line oriented and unthreatened.
Now it’s time for small and medium businesses to benefit from Joint Ventures, as well.
The good news is that you don’t even need a business to benefit financially from brokering Joint Ventures.
You simply need to see the wealth of opportunities around you, much like the stereogram analogy. At first, a stereogram looks like a nonsensical arrangement of patterns. But when you look long enough, a 3D picture magically emerges. Joint Venture brokers simply link supply and demand and take a piece of the ongoing action. There is literally no end to the opportunities available and the potential income, especially since it’s all 100% profit to the broker.
When I hear of a person who has a good relationship with a large number of other people, I see massive opportunity. By providing all those people with what they want, value is created. We get paid in direct proportion to the value we provide. The more people you help, the more money you can make. Linking 1,000 people with solutions and being paid on every transaction is great, especially when you don’t have to provide the services or carry the inventory – you simply link A and B and become a little tollgate. You stand on the money bridge and collect. No cost or risk to you, and very little time.
Learn how to Joint Venture at http://www.findjointventures.com
Those Who Joint Venture WIN! - To learn more about this author, visit Robin Elliott's Website.
Like this article? Share it with your friends
 |
Related Articles |
|
 Funding Resources
|
| |
Many entrepreneurs only seek venture capitalists or angel investors for their new business projects. By doing that, they leave one valuable alternative on the table; namely, the opportunity to start or expand their...
|
|
Joint Venture
|
| |
Joint ventures provide a unique and valuable business opportunity for both entrepreneurs and investors. With a wealth of potential benefits and limited drawbacks, this investment strategy can be a win-win for all b...
|
|
Lucrative Joint Venture Questions
|
| |
When you ask the right Joint Venture questions, you open the vault to riches. Here’s a few major ones for you.
|
|
Joint Venture Power
|
| |
Synergy is the energy or force created by the working together of various parts or processes. That's the power behind what is commonly called Joint Venture Marketing.
|
|
Top 10 Tips To Having A Successful Joint Venture
|
| |
A joint venture is usually a business partnership that is between at least two parties in order to achieve profit and merit working together. These parties share in the risks, help to compliment each other, and even...
|
 |
Related Businesses - Evan Elite Authors |
|
The Evan Elite Authors program is currently in beta phase. For details please contact us.
|
|
|
|
![[Get Copyright Permissions]](http://license.icopyright.net/images/icopy-w.gif){kind=small}
