Archive for June, 2005
Joint Venture Research
There are four aspects to Joint Venture research:
Be sure you are comfortable dealing with that industry, that it fits your public profile and values system, that it is aligned with your Mission Statement and identity, branding and business relationships. For example, you probably wouldn’t want to get involved in the sex industry. You might want to avoid contentious or controversial areas like politics, religion or tax shelters. Also, have enough information or access to information about that industry
before diving in.
If you’re good at Joint Ventures you can remove all the cost and risk. Don’t think a contract is going to protect you, by the way – it’s only as good as the people behind it. Triangulating deals (setting up a deal between two other parties and taking a piece of the profits) usually removes risk and cost if correctly set up. Make sure tracking and monitoring is in place and use the expertise of trusted others. Create a Memorandum of understanding that clearly defines the terms and options in the deal.
This is the most important part of any Joint Venture. Check them out – do your due diligence and research. Get references, do police and credit checks, even use a private detective if necessary. All that glitters is not gold and people claim some amazing things that are simply not true. Get specific information and avoid being bowled over by their charisma and sales abilities. Confidence tricksters use greed and ego to hoodwink their victims. Check them out. If they don’t have any money, be careful; desperate people tend to do desperate things. Don’t buy their stories. Look for a track record. If they’re over eager and urgent, step back. Consider applying for Membership in the DollarMakers Joint Venture Forum – our elite members are carefully screened.
The more you learn, the more you can earn. We use Joint Venture Bootcamps and seminars, TeleClasses and JV Audits to educate and update people on Joint Ventures. Again, be careful who you’re learning from. Unless the person teaching you has a personal success track record, they don’t have the right to teach. Look for support, practicality and watch out for the “upsell” lurking in the shadows. Ongoing education in today’s changing world will complete your research cycle.
1.866.746.0631
How To Seriously Increase Your Profit Potential with Joint Ventures This June!
Private Labeling / Industry Specific / Re-purpose your products
When you find excess inventory, you can re-purpose it in this way. You can also approach someone who presents training, seminars or teaching, and Joint Venture with someone who has access a particular market segment, while procuring the rights to market their products and services to that segment and receive ongoing commissions. For example, how about Training for Realtors? Get more specific with Training for Female Realtors and you’ll make more money. The more specific, the more terrific.
Which segment of the population do you have access to, or can you get access to? Once you have access to a demographic/psychographic sector, you can go out and find products that can be customized or relabeled for that sector. Once you’re working in that sector, it’s easy to expand to the entire sector. I once did seminars for an Executive Women’s Club and ended up serving all their clubs nationwide. Had you set that up, you could have asked for and received up to 20% of all my income from that market, and that would have put at least $20,000 in your pocket. All it took to get me into that market was a friend making one, single phone call. One phone call can be worth $20,000 to you. Do JV’s work? You’d better believe it!
Sales Tip
Specialists get paid more and have more credibility. Understanding more about an industry than your prospect positions you as an expert. In order to do this, use statistics and education to differentiate yourself from the generalists who think they can cure anything from recessions and receding hair to bad knees and bad attitudes.
Management Tip
The more you understand your prospect and his business, the more likely you are to sell to him. Train your employees to ask questions, make notes, do research and create industry specific solutions. Learn the language and jargon of the industry you’re targeting. Become familiar with their hopes, dreams, challenges and unique opportunities.
Motivational Quote
“I am an innovator. This is a term of distinction, a term of honor, rather than something to hide or apologize for. Anyone who has new or valuable ideas to offer stands outside the intellectual status quo. But the status quo is not a stream, let alone a ‘mainstream’. It is a stagnant swamp. It is the innovators who carry mankind forward.” ~ Ayn Rand
Enjoy Multiple Streams of Passive Income Every Day from Joint Ventures
Instead of pushing your business card at people, pitching your product or service with a little “Elevator Speech” and hoping to make a sale, why not enjoy Multiple Streams of Passive Income Every Day from Joint Ventures?
In fact, you don’t even need a business to do that!
All it take is a different mindset. Forget about what YOU want – (nobody cares, anyway!) and start looking for ways to get other people what THEY want. Then, get paid to deliver. And here’s the good news… sorry, GREAT news – you let someone else do all the work, carry all the risk and cost and pay YOU for the privilege! That’s right – Joint Ventures offer you the opportunity to earn a significant, even unlimited amount of money by brokering deals and connecting people. See, you do that anyway, don’t you? Problem is, you’re not getting paid for it, are you? Oh no, you’re Mr. or Mrs. Nice Guy. Mr Social Worker, right? You think people will reciprocate but they don’t. They take the business and often don’t even take the time to thank you. But you keep on giving and not getting.
Time to change. Time to get PAID.
Want to know more about how you can become an astute Joint Venture Broker, work from anywhere in the world with a telephone and an internet connection (or even without the internet!) part time or full time? And learn it in ONE DAY?
“That’s too good to be true”, you claim?
Check out these testimonials then click on the link at the bottom of this article to see how to change your life!
This is a small sample of what Delegates of the Joint Venture Bootcamp in Vancouver on May 28th said: (Originals available)
“If I use and apply the information from this Bootcamp, I conservatively expect to make $40,000 per month”
- Ron Brauer, President, One Stop Renovation, Surrey, BC.
“If I use and apply the information from this Bootcamp, I conservatively expect to make $10,000 per month more”
- Paul Travis, Principal, Vivify LLC, Seattle WA
“If I use and apply the information from this Bootcamp, I conservatively expect to make $250,000 in the first year. This is one of the best seminars! Fabulous JV connections!”
- Peggy Brauer, Owner, Energy 4 Ever, Surrey, BC“If I use and apply the information from this Bootcamp, I conservatively expect to make $10,000 per month to start with! Great day – thank you. I’ll join the JV Forum.”
- John Hewson, President, Peak One Consulting, Whistler, BC
“If I use and apply the information from this Bootcamp, I conservatively expect to make $2,000 – $5,000 per month more. Excellent, informative course, the most promising I’ve ever heard. Thanks, Robin”
Michael Nault, Executive Director, Play Mate Promotions, Vancouver BC
“If I use and apply the information from this Bootcamp, I conservatively expect to make $5,000 – $10,000 per month more. This Bootcamp is the most valuable and greatest learning experience. Being a JV Broker is the final key for my life. Thank you so much, Robin; I’m creating my future.”
Keith Tong, President, K&H Business Solutions Inc. Richmond, BC
“Your JV Broker Bootcamp completely blew away all my expectations! Using just three of the strategies you suggested, I conservatively expect to make at least $9,973 on a single joint venture deal within the next month. The experience of being able to mastermind million dollar ideas with the other participants alone is worth twice the price of admission. Your support and mentorship are second to none. Thanks for transforming my entire paradigm of what is possible in business!”
Colin Skow, President – JV Synergy, LLC. Seattle, Washington
CLICK HERE NOW for More information.
No comments
