Joint Ventures: The Long Overlooked Path To Wealth
Let's say that I have a great product exclusive to only me. I have a great sales pitch, it does something no one else's product can do, and it's listed for a great price. The problem is that I don't have a distribution network for it, so my sales move at a near trickle. Let's also say that there is a mystery online marketer out there that has a mailing list stocked full of thousands of contacts. Their problem is that even though they have all of these contacts, they have no product to sell. Well of course, now you're thinking "it's a no brainer that the two should partner up and make some money." True enough, in this example it seems very simple, but in actuality many people in this same situation don't put two and two together. They try on their own to make it work. Sometime they succeed, but more often than not they fail.
Do yourself a favor. The next time you're looking to make some money, take a look at the resources that you have available. Then, take even more time finding the right partner that you can form a joint venture with. This way, you'll both end up making more money easier by leveraging the skills that you have with your partner's. Have a profitable day!
Related Tags: jv, joint venture, partnerships
Nicholas Kirt is an online entrepreneur. He's developed websites for e-books, ticket sales, and real estate. His latest venture ACG Ready E-books Inc. at http://www.acgrei.com is in the beginning stages of business, but has already become a top reference for all things e-book related.
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