Anyone can go searching and find a JV partner these days. It has become a wide known practice in the online world, and is growing everyday. There is article after article written by some internet Guru to tell you how important joint ventures are to your business. There is list upon list of all the advantages of signing up for a JV. If you are new to online marketing you are thinking I need to hurry and get into this, I could make millions. The Gurus would tell you are right, common sense should tell you there is more you need to know.
If you run head long into the first joint venture that comes your way, or you trip over, you may find yourself in a worse situation than you began in. It is true joint ventures can help your business. By joining a JV you can grow your opt-in list, save money on advertisement, and cost of production, it sounds so wonderful doesn't it? A real JV does not stop there.
A true JV is all about leverage. What can you do with your partner's resources, and visa versa. If Bill has a great product but no money, and Bob has plenty of money, but no product, then Bill and Bob could make a real JV by pooling their resources. They will be able to use what they have as leverage to ultimately get what they need to meet their goals. In the process they can be creating a business relationship that will serve them well in the future as well.
If you ask the most successful internet marketers out there what you need to make a successful joint venture they will tell you, a good opt-in list, and some good solid JV partnerships. You can actually get the opt in list from a good JV partnership, so you can kill two birds with one stone on that one. The secret to a real joint venture that everyone knows, without actually knowing it is this, you absolutely need to have an experienced, established partner. You may form all the JV's possible and not do anything but average business, if it is not the right partner you will not have a success on your hands.
You can spend hundred or thousands of dollars on Guru written books, CD's, and software, you will probably get some use out of them. If you are wondering what the real secret of a true joint venture is you need not look any further than your own common sense. A reliable, credible partner will get you closer to your goal than 100 potential partners without complementing resources.
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