In other words, Joint Ventures will setup a plan to work together within an Internet business, pulling resources together, in an effort to meet the same goal. Writers and publishers do not always have the same goals in mind. Writers will often work secondary jobs realizing that writing books is not the answer to making a living.
The author has in mind that one day enough books produced will generate enough income, allowing the author to work the ultimate purpose intended, which is often writing. Authors love writing, and money comes secondary, i.e. if the author is true in nature.
Joint Venture collaborators goal to increase volume and revenue within a single business: This is the ultimate goal for JV partners; still if they do not work together, the purpose goes aimless in the venture of joint reunion.
Joint Venture collaborators joining in business have made millions according to JV interested parties. Reviews claim that JV joining can bring businesses off the ground and sending them to the top of the food chain. With this in mind if you goal is to join in a business to profit from the company's gross revenue, think of what you require to make the Joint Venture work.
Few reviews claim that JV is a practically free source of making money, and houses no risks. Any time you join in any business you will pay frees, at the same time risks are potential. At anytime a business could rush to the bottom of the food chain, especially if quality customer service is non-existing, products are out of demand, manager teams are faulty, etc.
Therefore, think of your skills, experience, talents, communication abilities, CS (customer service) abilities, knowledge, people skills, etc while considering Joint Venture.
The concept of JV is working together. For example, I have the ability to write web content using keywords that will enhance the ranking of the site. I have additional marketing, promotional and writing skills that would enhance a businesses volume and revenue. I would team up with a company that sells, markets, or else produces items and/or services that meet my expertise, and in exchange, I would provide my talents to the business, while the JV collaborator will provide me half of the profit generated from my works.
Technically, the JV strategy is a no-lose situation between two members in business. Still, joining parties must cover legalities, i.e. covering exits, terminations, liabilities, etc. while joining in a venture.
According to sources, Joint Venture is a surefire method of saving and gaining time. The notion behind this philosophy is that business partner's work together as a team to share in work. If you consider two people over one working to meet a same goal you will see that the philosophy is logical. Viewing the information below will help you to see cutbacks in time and increase in revenue by joining in a Joint Venture reunion.
The preeminent traffics surpassing your efforts is getting JV marketing, i.e. in simple understanding, a person Joint Venturing with flattering web sites, and the site owners spawns traffic, for all intents and purposes you are receiving the highest level of traffic coming from the site. In other words, JV collaborators link to your site while you link to the partner's site, accordingly generating traffic that entails interest in a product that you promote.
Some JV collaborators will promote products for partners by creating websites and mini websites that link to the collaborators products. If you are considering JV, consider developing marketing skills sufficient to run and operate a business relationship and business in whole.
If you had told me five years ago that I would walk away from my day job to start my own writing business, I would have told you that you were crazy. Although my career in the insurance industry wasn't particularly fulfilling, I was successful, made a good living and enjoyed the perks of corporate life. It was stable, steady and comfortable. Little did I know that within a year of an ill-timed career change and a move across the country, I would find myself without a job. Due to the lack of his own success, my boss of nine months laid me off. It was time to start over. As a single mom, I was scared. What was I going to do? How would I take care of my daughter?
Initially, I panicked but after a few weeks of brainstorming and the semi-security of an unemployment check, I searched for work in my field. I found I was overqualified for many jobs and underqualified for others. My skills didn't seem to fit in this new market. Not giving up, I found a flexible part-time job and decided to expand my freelance writing which I had started the year before. Armed with a few clips, a website and some business cards, I added a few more publications to my résumé. Within a year and a half, my business offered me a viable, full-time income. That was four years ago, and I'm still going strong.
My point here is not to bore you with the details of my life, but to assure you that if someone as conservative (read: afraid of risk) as me can make it as a writer, then you can too. Interested? Intrigued? Then review the list below to see if you have what it takes to start your own freelance writing business.
Knowledge and skills. Being a freelance writer requires more than a passion for writing. It requires education and training; good communication skills; knowledge of proper spelling, grammar and punctuation rules; editing and proofreading skills; the ability and patience to research; published clips; and business training or know-how.
Resources. Every job requires tools of the trade. As a freelance writer, you'll need dedicated office space, a computer (laptop or desktop), relevant software (MS Office Suite, Adobe Acrobat, etc.), computer back-up system, office phone/cell phone, printer/fax/scanner, a high-speed Internet connection, access to reference materials (dictionary, thesaurus, Chicago Manual of Style, etc.), and a digital voice recorder. You may find that you require other resources as well, but this list is a "must have" to get started.
Personality. Making a full-time income as a freelancer requires more than writing talent. It also requires that you be organized, self-disciplined, self-motivated, resourceful, creative, patient, persistent and focused.
Plan B. Before you make the leap to owning a freelance writing business, consider how you are going to pay your bills and meet expenses when work is slow. Do you have other income sources to tap? Do you have a part-time job or does your spouse make enough to cover the bills during slow times? Perhaps you have unemployment income, savings or maybe even a trust fund? If not, consider this. If you had to, would you get a job (part or full-time) to make ends meet? The point is not to be discouraged. It is simply to have a Plan B in place, so your life doesn't fall apart while you pursue your dream.
If you have all of these items—appropriate knowledge and skills, resources, personality and a solid Plan B—then you are well on your way to starting your own freelance writing business!
Both Vandanabindu & Dana Blozis are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Dana Blozis has sinced written about articles on various topics from Writing, Interview Questions and Online Marketing. In addition to writing for publication, freelance writer and editor Dana Blozis of Virtually Yourz offers writing, editing and marketing services to small businesses a. Dana Blozis's top article generates over 1900 views. Bookmark Dana Blozis to your Favourites.