A JV is about 2 things (1) your Content or Product, (2) The people you
know. You could be making 6-7 figures annually just hooking people
up. Sometimes your connections are worth more than your products. If
you are more shy and introverted than others can hook you up as long as
you are willing to share.
I just attended Mark Hendricks JV Conference and it was incredible. You can reach hundreds or thousands more prospects without spending on advertising. After the conference I was invited to another JV group at a house 38,000sf and that was incredible. People today say yes we can work together but to make a JV work it takes a plan and Action and you need to build that plan at a conference like i just attended.
How do you spell super success - JV
The only way we can beat down larger established companies and steal their customers are by connected joint ventures - very similar on how a tribe can survive.
Why - Because personal referrals close 10-100x faster than a cold call and a JV can work like a personal referral. You share some of the revenue or profits with the people that brought you in but you are in and growing more business than you could ever imaging.
In one meeting I was at i realized after 1 hour that it could be worth 400k to me and 120k to them. So should they pursue what they do or spend some time plugging me into that client or friend.
If you are not involved in JV's I think you need to take action and get involved ASAP. I will talk to Joanne about setting up JV breakfasts maybe on Saturdays - Yes I said Saturdays. Those that are serious and want to get ahead will attend. The people not willing to give up a Saturday AM once in a while are usually the ones that sign-up and then don't do anything.
I will do a radioearnetwork.com show soon on my RainMaker-RainSaver and Business outside the Box shows.
To learn more about Mark's event follow this link. This is a highly interactive event not a sales pitch. You learn to craft your pitch, work with other potential JV partners and take the knowledge home with you.
We have one in January in Orlando with a few seats left
http://www.jvdealmaker.com/am/go.php?r=46&i=l1