Archive for February, 2009

According to the Commonwealth Alliance Program, businesses estimated that in 2005, 25% of their total revenue (40 trillion dollars) was the result of joint ventures and according to PriceWaterhouse Cooper joint ventures are expected to more than double over the next two to three years, to 25.5 percent.  For service businesses, JVs are expected to contribute 29.5 percent of growth; for product sector businesses, 20.7 percent of growth. Shouldn’t your business be paying attention now? Shouldn’t your business also benefit from this information?

A joint venture is defined as a cooperative arrangement or partnership that will mutually benefit two or more companies or individuals that have complimentary products and/or services. Joint ventures are the future of global business because JV’s are proving to provide amazing synergy between lots of industries and countries. The benefits of forming a JV partnership really are limitless you can:

            Increase your credibility

            Save time and money on marketing costs

            Get new leads inexpensively

            Expand or grow your business quickly

            Get endorsements from other reputable experts or businesses

            Reduce risk

            Borrow expertise or technology

            Safeguard your business through economic turmoil 

 

Joint ventures are not just a fade or strategy; JV’s are global business innovation. Joint ventures are a mind set and business acumen that you must learn if you want to grow your business and become a real player, reach your goals and be financially independent. Joint ventures are a way of turning your business in to a lean green money machine.

The key to being successful at your joint venture strategy is to create key alliances quickly. Build a network of joint venture partners fast. In order to do this I have found one company out there that understood how powerful joint venture alliances are and also how to build those alliances fast. This company is the Private Joint Venture Club or http://privatejvclub.info

It is a place where entrepreneurs, CEO’s executive and other industry leaders can meet and form joint venture alliance now.

This helps you speed up the process because you do not have to go out by yourself hunt, find and develop joint venture partners. Instead you can just use your computer and login to a place and create the joint venture that is a win/win for you. Go to a place where JV’s are being created everyday.

Learning joint venture strategies are a must if you have a business. They will be how marketing is done in the future. Competitive marketing is dying off and with it, it will sink every business that only uses competitive marketing strategies. It’s a new era in business. It is the cooperative marketing era. Abundance minded, solution oriented and joint venture filled future. Come join the fun and grow your business cooperatively.

 

Joint ventures are paying off big for America’s fastest growing companies. 32 percent of fast growth companies are involved in joint ventures - enterprises or projects jointly owned and operated with one or more partners, for mutual benefit. 

Joint ventures enable these fast growing companies to tap into specialized skills and expertise they often can’t attract, or afford on their own,” What do fast growth CEOs get in return for their investment?  They attribute 12.0 percent of current business growth to joint ventures, and this is expected to more than double over the next two to three years, to 25.5 percent according to Pricewaterhouse Cooper.  For service businesses, JVs are expected to contribute 29.5 percent of growth; for product sector businesses, 20.7 percent of growth and, despite some CEO’s still using old competition marketing, those CEO’s involved in JVs continue to grow faster.

According to PriceWaterhouse Cooper CEOs say they are achieving a wide range of significant business benefits from their JV partnerships:

·         Ability to increase  profit margins      64 percent

·         New product development                  47 percent

·         Marketing or distribution expertise    46 percent

·         Revenue growth                                  71 percent

·         Sharing economic risk                         52 percent

The benefits to forming and learning about joint ventures are limitless. How they help you grow your business quickly can not be ignored. You can benefit from and learn how to use and do a joint venture in many ways. But the most important thing that you can know is that, joint venture are the future of business.

Competition marketing is dying and cooperative marketing is here now and will be for a long time, well into the future. Businesses are learning to work together and become united in their endeavors to bring about a common good. This is the innovation of the global business climate. If you are looking to grow your business in the future, you must become a joint venture expert and belong to a community of joint venture entrepreneurs.

There is only one company that I have found that is helping entrepreneurs, CEO’s small business owner and fortune 500 companies create joint venture alliances and that is the Private Joint Venture Club. You can learn more by visiting http://privatejvclub.info

This is the future of business now. Don’t be intimidated by the word joint venture, go learn how they can help your business grow quickly and keep your business safe through all economic weather. Go build a rolodex full of joint venture alliances and build your entrepreneurial dream.

 

Joint ventures can produce an abundant flow of prosperity when you apply the structure of building a joint venture network.  As entrepreneurs we are always looking at ways to grow our business, to provide our customers with products and services that have great value and provide a great service.

As entrepreneurs we are committed to our business goals and look for the newest innovations for our business, keeping our business up-to-date with the latest marketing trends and technological advances. In fact, we can spend thousands of dollars every year keeping up with the latest thing or technology that will grow our business and make it a self standing cash machine. As entrepreneurs we are hoping our business creates absolute prosperity for us by serving our customers well so that they stay loyal to us.

As entrepreneurs we also know that we must steer our business ship through all kinds of economic weather and this is where, as entrepreneurs, if we are not sure how to steer the ship we can sink our ship of dreams. During times of unstable economic weather you can still have absolute prosperity if you know what to do.

In the sailing and boating community there is a term used to describe when a group of boat enthusiasts go out boating together or “cruising at sea”, as they call it.  When a group of them go out to sea they call this “buddy boating” When you buddy boat you share the risk, equipment and maps. It’s safer to travel in this manner because you help each other out.

This happens because you can borrow what you don’t have on your boat.  For instance maybe your vessel has a ham radio and your buddy’s boat has a GPS navigation system. So, if you needed to find your location then you would utilize your friends GPS navigation system and in turn, if your buddy needed to make a ship to shore communication then they would use your ham radio for communications.

More importantly, you create a community of safe “cruisers” that become your friends and help you maintain good boating habits and safety. You become part of a community as well as becoming part of a life style. Most of these “buddy boaters” meet each other at yacht clubs. These yacht clubs provide cruising and yachting enthusiasts with a place to meet, learn and create buddy boating cruising adventures together.

If you want absolute prosperity for your business, this is where joint ventures are going. Joint ventures are a business lifestyle where you are part of a community where you can “buddy business” out to the global business sea. When you go as a group you build safety, community, friendship and fun. In the same way there are yacht clubs there is finally a place for entrepreneurs to meet in a joint venture club.

There really is only one joint venture club that I have found that really meets the need of all kinds of entrepreneurs so they can come together to produce a joint venture vessel and that is http://privatejvclub.info

 

The key to having an absolutely prosperous business cash machine is to build your network of Joint Venture partners. This is the business yacht club. If you want to build a big rolodex of joint venture partners quickly then you need the latest innovation to the business model. Joint ventures are exploding and creating millionaires faster than any other marketing strategy.

Joint ventures create long lasting millionaires too because it is a community of like minded individuals working together to create absolute prosperity. Go look inside the club and see for yourself http://privatejvclub.info and sail your business vessel till the river runs dry.

Learning to have good joint venture etiquette will increase your ability to have joint ventures and increase the popularity with which others would like to create a JV with you. It is important to learn JV etiquette because it helps a joint venture agreement go much easier. Here are 3 tips to help ensure your success and your partner’s success.

Make sure you understand who is responsible for what.                                                

It helps to make sure that job duties for the joint venture are spelled out in specifics. This helps the partnership have accountability as well as smooth interaction. It also creates balance so that one partner is working 10 times harder than the other partner to get the venture off the ground. If you are clear about duties and responsibilities then you will lower stress and have a successful out come.

Make sure you know who is going to follow up on what

There can be many things to follow up on in a joint venture. Many of these things can be customer care related and it helps the partnership decide in advance as to how customer care is going to be serviced by the two companies. If you are providing a list of names and the other company is providing your list a widget, make sure your customers know who to contact for widget technical support.

Be up front with your Joint Venture Partner

If you are waiting for manufacturing or are not ready because of some challenge make sure you are honest and work together to find a solution. When you create a joint venture you are not simply trying to have one business transaction. You are creating a working relationship with your JV Partner. You are creating an alliance so that you can work together in the future.

Joint ventures are not just a business rage. They will be the way business is conducted for now and in the future for a long time. Building your network no longer is just a client network. Building your network means building a business and client network along with a business network http://privatjvclub.info can help you with that. If you have joint venture etiquette you will succeed now and well into the future.

 

I know that building a money machine is a great idea but do you know how to do it? I mean specifically build it so that you can generate cash every month for the rest of your business life? You have probably heard that you network = your net worth.

That means your net worth is a culmination of the 5 people you hang out with most. This is fine unless you are the home base business or the lone entrepreneur who does not hang out with anyone. The key to having a big net worth is to build a big network. Most entrepreneurs think that this means building a big customer base. It’s true that helps, but it’s not what I am talking about.

If you want to build a solid business cash machine then you need business partners and lots of them fast. You actually have two networks to build not just one. You have a business network to build and a customer network to build as well. Both of these things are important to creating your cash machine and no body can help you build it faster than http://privatejvclub.info

The key is to build your networks quickly and efficiently while also becoming someone that others like to work with…Yes, you have to play well with others. Joint ventures are the fastest way to build both of your networks. Joint ventures are the business language for now and well into the future and it is imperative your business that you learn how to use them to build your business with.

If you have never heard of joint ventures it is time to learn about them. If you think that joint ventures are not for your business, think again. In 2005 the Common Wealth Alliance said that joint ventures produced 40 trillion dollars in revenues and it is still creating that kind of money today. That, my friend, is a cash machine. If you learn to do joint ventures then you have a pin code to your cash machine. What are you waiting for?

You have probably learned that joint ventures are the fastest way to grow your business both on the internet and in your business world. They help companies share risk and remove competitive marketing and advertising costs. Joint ventures are a high profit and low cost business strategy that you must learn to utilize because it is sweeping the world quickly and if you want your business to grow then you must know that competition marketing is dying. Cooperative marketing strategies are what is sweeping the business world and will continue to do so well into the future.

If you are an entrepreneur who is using competition marketing give it up now, save your money. Learning about joint ventures will help grow your business and create streams of income as well as create economic health for your business. It does not matter what industry you are in, there is always the ability to create an alliance with someone that will help you both win and grow your business.

If you have only heard the words “joint ventures” on the T.V. news you may be intimidated by thinking that only big companies participate in these kinds of business practices. However, JV’s (as they are called) are perfect for the home base business, the internet entrepreneur, a fortune 500 company, coaches, authors, software engineers and virtually every industry and business imaginable.

What a JV helps you do is build clients and wealth very quickly by creating a win/win business alliance where your company joins together to create a transaction that involves simply borrowing what you need and delivering something the JV partner needs. For example, if company “A” has a great product but no market to sell it to and company “B” has a huge data base full of customers but is looking for a product to sell his data base and finds your product and company perfect, then a joint venture arrangement is made.

In the arrangement, company “A” sells the product to company “B’s” data base and gains new customers doing that and company “B” makes profits selling company “A’s” product. This is a typical joint venture and sadly is usually the only joint venture most entrepreneurs know. The key to being successful at joint ventures whether you are a beginner or an expert at JV’s, is your business intent and manners. There is etiquette for creating a JV and if you follow it, you will have many people wanting to do a joint venture with you and you will be exploding your sales and customer base.

Learning how to do a joint venture is something that will benefit your business for the rest of your life and nobody can teach you better than http://privatejvclub.info  Don’t be intimidated by the process it is very simple and easy to learn. Business is using joint ventures as its standard practice. Learn it now and create massive wealth, wonderful friends and have way more fun.

Sometimes we can see a person or a company that others love to joint venture with regularly. They never seem to run out of JV opportunities because they are fun to work with, have abundance mentality and JV etiquette.

Having poor JV etiquette can damage your business and put you out of the joint venture circle overnight. It is as if you go to a dinner party, and have really poor table manners, get drunk, insult your host and then demand dessert just because you are there. Chances are you will never get invited back and several people will find out about your poor manners and you will not be invited to a dinner party nor will anyone accept an invitation from you to go to your dinner party.

If it seems you can’t get anyone to do a joint venture with you, no matter how many times you ask, then you may need to learn some JV etiquette. It is not always comfortable to look at manners or behavior however, if you would like your business to thrive, you must become the kind of entrepreneur other businesses want to work with.

Etiquette 101

When forming a joint venture relationship, you must look out for the interest of both parties. When you present your JV idea, you must be able to show your potential JV partner what the benefits for them are going to be. You must be clear in being able to depart how and what benefits will be gained by working together in a joint venture alliance. These must be real benefits. If you only want them to sell your product to their data base of customers because you know it is a big data base or because they are already popular, this can be perceived as dishonest. Make sure you can show your potential partner how the product is relevant to their data base of customers.

Deliver what you say you are going to deliver on time. Your word in a JV agreement is your credibility. If you lose that, you have damaged your joint venture possibilities for the future. If you say you are going to create a product with your JV partner and there is a deadline, make sure you honor it. It can be very tough on the JV partner if you are late and you deliver at the last minute.

Become an abundance thinker. When you approach a company with a feeling of desperation or wanting to use them to help you “breakout or launch” your product without concern for whether the product fits them or their customers you have presented yourself as a limited or lack thinker. No true entrepreneur wants to do a joint venture with a limited or lack thinking entrepreneur. Desperation does not make a good joint venture partner.

Make sure you listen. Sometimes you can be so excited about landing a joint venture with someone that you can talk to the point of verbal diarrhea. Make sure that you have a dialog that is two way. Listen and ask questions to find out the needs of your potential JV partner. When an entrepreneur is skilled at asking questions in regards to their potential partners JV needs, it creates trust and faith. It shows the potential partner that you have interest in his company and his business.

Make profits equitable for both parties. If you are a joint venture partner it is important that both parties gain remuneration from the venture. If your offer is too small you will, most likely, not develop interest from any joint venture partner because it will not worth the time or effort involved in creating the venture in the first place.

If you implement joint venture etiquette, you will find that other entrepreneurs will love to joint venture with you. This gives you opportunities to create many joint ventures, grow your business, provide products that are relevant to your customers and help other entrepreneurs develop JV etiquette too. Remember being and abundance thinking entrepreneur means helping push up as many people as you can. Think of as many ways as you can to create beneficial joint ventures and watch your business flourish.

Entrepreneurs are always learning how they can grow their sales and often do not know that joint venture clubs are the fastest way to grow your customer base and sales. These clubs are designed to help small, medium and large business executives, CEO’s home based businesses, coaches, authors ex cetera, come together and have a place to design alliances and JV’s to help promote sales, goodwill, abundance thinking and create massive wealth quickly.

You must spend sometime looking at what private club you would like to join. Some of these clubs are so private that members must have either graduated from certain university before having access or there are faith based clubs where you can join if you are a member of that faith. There are several private clubs on the net for you to look. When you become a member of a club, make sure it is effective at growing your sales, because joint ventures have proven themselves to be the fastest way to grow your sales and grow your business and nobody does it better than http://privatejvclub.info. JV’s are also the big trend in business right now. They have also proven themselves to be the most cost effective way to grow your business and sales.

One of the most important keys to growing your sales using a private joint venture club is to pick the club that best meets your needs. When you are on the internet looking at all the clubs make sure that you understand These 3 tips to grow your sales fast.

Watch out for hidden fees

If you want to grow your sales you must become aware of what it is costing you to do so. Some private clubs may be free to join and this looks alluring however, you are then paying for backend club cost. There can be unnecessary broker fees. Fees to use other club services and tools. Sometime the club even requires a percentage of the joint venture profits from a deal that you created. They charge for teaching you how to do a joint venture and this is expensive in the long run.

 There are also upfront membership private clubs where you pay a membership and a monthly fee and have access to everything right up front. These private clubs are better because you typically get more value and tools for one price. You can use it as many times as you want and there are no broker fees and you do not have to give them a percentage of every joint venture transaction to the club and this alone will save you thousands of dollars.

How will the private club showcase your business to other members?

Other than having a bio page, look at what other tools they use in the club to showcase your business. It is important to know this because you want to tell as many people about your business as possible. Part of having more sales and growing your business means having exposure to club members from around the world this will grow your business without you having to travel. You simply have access to club members and contact them through the club.

 How does the club provide you with Joint Venture partners?

This is the key to choosing a private club. You must know, from the time you become a member, if you are expected to chase, dig, scope, call, track and pursue a club member and hope they would like to create a joint venture alliance with you.  This is important to know before purchasing a membership any where because this is very time consuming and if you are a busy entrepreneur this type of club arrangement will not work for you.

Look for a private club that utilizes B2B technology that will search for and deliver joint ventures that match your company and goals to a joint venture partner and then inform you of the match. The object is to grow your sales in the quickest way. If you are having club matches sent to you biweekly through the club then you can contact these matches through the club. This saves time, cost and will give you joint ventures to pursue and implement quickly. This can grow your sales overnight.

Once you have joined a private club and become an active member this will grow your sales very quickly and help you create joint venture alliances that you can continue to use for the rest of your business life. You will become a member of an entrepreneurial community and not feel like the lone entrepreneur. Private joint venture clubs are becoming the business innovation and acumen of the future. Make sure you grow your sales by become a member of a club that fits you and your needs. Have fun in business again and create new business friends join a club.

Businesses are being built faster and faster as technology lends a hand on promoting your online business. Implementing things such as video and podcasting can help you grow your business but how do you get new clients fast. How do you keep growing your customer base in a consistent manner?

Joint venture clubs provide this tool for the home based or online marketer.                                                     

 

If you have never been to a joint venture club now is the time to look at the technology involved in the club that can catapult your sales and your customers. If you don’t know what a joint venture club is, it is a social networking clubs for big corporations, entrepreneurs, coaches, consultants, inventors, author, developers and executives that utilize B2B technology to match your companies profile and then introduce you to companies who are looking for and might just fall in love with your business. You are notified of your joint venture match twice a month in the privacy of the club so it ensures integrity and confidentiality. Joint venture clubs can help you succeed even if you have no upfront money, no list and the best part, no risk.

 

Joint Ventures help create wealth without the help of a bank loan or credit. It is the way entrepreneurs learn to help each other succeed. Entrepreneurs do this by helping each other borrow what they need.

Such as, new leads, exposure, credibility, new products, sales force. If company A has clients but no new product to sell them and company B has a new product and no clients to sell the product to, then they joint venture and split the profits.

 

Joint ventures are perfect for every business structure, small, medium or large business, Home base business, online business or storefront. If you belong to a joint venture club you will always have joint venture options. This will grow your business fast.

Marketing your business to create new customers and sales using joint ventures has become cost effective, revolutionized by technology and a necessary business tool that the entrepreneur must learn if he wants to succeed at growing his business. It is in times of necessity that invention creates a tool or solution to help people do things faster, easier and more effectively.

 

Joint ventures are the business tool of the new era entrepreneur. This new era entrepreneur no longer indulges in competitive marketing strategies and is a global wellbeing business thinker who engages in business to be able to benefit himself and his fellow entrepreneurs. Joint ventures are the best way to create strong alliances with former competition and begin to work together.

 

Here are 3 tips to create a joint venture that is going to work for your business.

 

Become a member of a private joint venture club.

Joint venture clubs are designed to give entrepreneurs a place and a platform for designing joint ventures with each other. They have the latest in technology and B2B matching that will sending you joint venture matches straight to your club email for you to look over and use. They offer training and boardroom meetings where you can show case your company and product. It is a great place for you to launch your next product or find products that match your client’s needs.

 

Learn to do a proper joint venture

Learn the joint venture protocol is important because when you work with another company and create a joint venture alliance, the company you work with may refer you to a colleague or business contact simply because he feels confident in your joint venture know how and your integrity level. It will give you more partners to work with.

 

Pick a joint venture club that doesn’t have hidden costs and fees

There are joint venture clubs that will charge for training and use of there learning centers. Look for a club that will offer you training, tools, access, boardroom, hotseat and mastermind calls as all part of what the club has to offer. Don’t get caught in a club that charges you for every little thing. Don’t belong to a club that wants a cut of the joint venture deal. There should be no broker fees etc.

 

Learn and make joint ventures part of your marketing plan. Joint ventures are the wave of the future and are right now the international business language. You will need to know how to create global alliances and practice joint venture marketing protocol as it is the area where global business will move in the quickest. Don’t be left behind.