1. What is a Joint Venture?
A Joint Venture is when like minded people work together and share resources to solve problems or achieve a common goal. It can be called a Strategic Alliance or Partnering as well.
Entrepreneurs and business...
2. The Difference Between Networking and Joint Ventures
“What’s the difference between Networking and Joint Ventures?” is a commonly posed question. Here’s a simple illustration.
A person shows up at a business networking group to sell her...
3. What is a Joint Venture Broker?
Joint Venture Brokers link supply and demand and get paid a percentage of all the resulting business on an on-going basis.
This means that Joint Venture Brokers openly talk to other entrepreneurs and...
4. JV Strategy: Joint Venturing As You Go
Joint Venturing As You Go: My Simple 3 Step Joint Venture Process
When you respond to a need and make a referral, which you do every day, simply monetize the transaction and build in residual income wherever...
5. The Joint Venture Mindset and Philosophy
I think the more we understand human nature, the better we will be at Joint Ventures. People are people. We all want to feel important, accepted, valuable, liked and respected. We all want to feel we’re...
6. Hot Buttons Drive Joint Ventures
Hot Buttons are the things that really turn people on to take action. It can be the things they’re most passionate about or fearful of.
A Hot Button may be recognition, a trip, an introduction, an...
7. Reciprocity in Joint Ventures
Joint Ventures are Based on Reciprocity.
The best and most effective way to induce, persuade and ethically bribe people to mention your name, work with you and refer loads of business to you and the ideal way...
8. Why We are in Business
We are in business, not to feel important or to make sales.
We are in business to earn Net Profit and get all the legal tax deductions we possibly can.
Business is about making money – more...
9. You Can Easily Understand Money and Business
By the time I got into business for the first time at the age of 34, I had done a lot of things, experienced a lot of things, studied a lot of things, lived in two countries, managed hotels and restaurants,...
10. Key Business Concepts You Need to Know
Marginal Net Worth / Lifetime Value of a Customer
The Marginal Net Worth / Lifetime Value of a Customer is the amount of money a business or individual makes from each customer on average over the course...
11. Gift Certificates Strategy
A fantastic Joint Venture technique which can be leveraged in a multitude of ways is a gift certificate or service voucher give away.
Acquiring the Gift Certificates
You go to five (or fifty) different...
12. Reactivating Customers Strategy
Once you have found a business that:
Fits your ethical criteria of being an honest, reliable, credible and professional business owner,
And has a customer demographic who would be interested in what...
13. Reactivating Customers continued
Once you have set up the first two parts, the final part of the equation is to approach the inactive customers for reactivation. Remember the goal here is to ethically bribe the old customer into...
14. Locating Quality Partners: Finding the Right People to Work With
One of the most common questions I am asked at the seminars, talks and Bootcamps I present is,
“But, Robin, how do I find people to Joint Venture with?”
Good question, of course.
In a world...
15. Choosing the Right Joint Venture Partners
How do you decide which Joint Venture Partner you want to work with? After all, we have literally millions of options, don’t we?
If you agree that basically, people don’t change – we change our choices,...
16. Changing a Non-Paying Referral into a Paid Referral
When people set out to start working with their Naturally Existing Economic Relationships, many times they find it a challenge to change the relationships which have not been reciprocating. One of the...
17. Where Should You Start?
Many people who first learn about Joint Ventures get very excited, but feel unsure about where to start. After taking this course you will see more and more that we make money by introducing people to...
18. Crafting Questions to Get Better Results
In the next two pages we will talk about how you can also get started by changing your approach to the conversations you’re already having.
Anthony Robbins said,“Successful people ask better...
19. 5 Powerful Approaches to Make Real Money, Real Fast
When you ask the right Joint Venture questions, you open the vault to riches. People like to talk about themselves, their goals and their problems. When we help them make their dreams come true and offer...
20. Removing Risk and Cost
Once you start using these powerful approaches to access and set up Joint Venture deals, you want think through deals in advance to remove cost and risk as much as possible for both parties. You want to do...
21. Joint Venture Profit Margins: What’s a Reasonable Commission?
Another question I get asked on a regular basis is,
“How much should I ask for when setting up a Joint Venture? What percentage is reasonable?”
Different businesses have different profit...
22. Contracts and Non Disclosure Agreements
Download the Sample MOU Templates Here
I am not a lawyer and I don’t give legal advice; however, I have found that you have to approach Non Disclosure Agreements very carefully so that you don’t...
23. Tracking
Another important aspect of Joint Ventures is how to track the Joint Ventures you put in place, so you can be paid as well as accurate in paying others. This can be done through tracking codes, cash...
24. Interlocking Joint Ventures Strategy
Once you have learned about Joint Ventures and the various techniques, you can create a multiplying effect between the Joint Ventures you put in place by setting them up to “feed on” one another. ...
25. Ten Criteria for Evaluating Joint Ventures
When you approach someone else with a Joint Venture proposal, you want to craft a deal that:
Is a true win/win/win situation (good for you, the business your are approaching as well as the end user)....
26. Give Yourself a Check-up from the Neck-up
Before we embark further on this exciting journey, here’s a quick “Check-up from the neck up”:
Your Inner Dialogue is a Constant and Powerful Companion
You talk to yourself at a rate of 600...
