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When to Joint Venture

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This topic contains 4 replies, has 4 voices, and was last updated by  Scott Hogue 3 years, 10 months ago.

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  • #529

    Scott Hogue
    Participant

    I had 12 people send me to the Rakiov Effect promotion. I couldn’t get away from it. I hear that joint ventures can make your business overnight.

    But I am sure that there is a right time and a right way to do that.

    Is there anyone that has had some experience they would like to share?

    Scott Hogue CChH

    Scott Hogue CChH
    Follow me in the "Use What You Learn Challenge" as I create a website using what I learn from Sean that is a Platform for my niche:
    http://www.threestepstowealth.com

    The thread on this group that explains it:
    http://preneurpal.com/forums/topic/own-the-game-and-win-it/#post-1747

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  • #533

    Bruce Hoag
    Participant

    You have to be really careful with JVs, Scott.

    You’re correct. The right ones can be very profitable.

    But there has to be mutual value, enormous trust, and great chemistry first.

    Bruce Hoag PhD
    The Internet Marketing Psychologist
    The Mindful Writer - for deep and persuasive copy

  • #535

    Don Sturgill
    Participant

    Make sure you’re symbiotic. Natural relationships make good business. Forced relationships leave folks scratching their heads.

  • #1221

    Tina Fletcher
    Participant

    I think the biggest thing when you are going to promote a JV is to make sure it works for your list. If you are building a rapport with your people and then you send them to things that are not going to help them they will just stop trusting you and then won’t open your emails.

    I know I have several people I follow and recently one started sending me to JV every email and not even giving me a reason why, just ‘canned’ generic email “hey I thought you would like this etc”. So I now don’t even open her emails anymore.

    So JV is wonderful if it helps, give value, and solves a problem not just to make you money. This way your list will trust you and when you send the JV to them (especially on a launch when they are getting if from heaps of other lists) they will buy though you.

    All things Digital
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  • #1287

    Scott Hogue
    Participant

    I had someone tell me that when I got a really big list to check back with them.

    Now if I had a really big list, I probably wouldn’t really need to JV.

    Sort of a which comes first the chicken or the egg problem.

    Scott Hogue CChH

    Scott Hogue CChH
    Follow me in the "Use What You Learn Challenge" as I create a website using what I learn from Sean that is a Platform for my niche:
    http://www.threestepstowealth.com

    The thread on this group that explains it:
    http://preneurpal.com/forums/topic/own-the-game-and-win-it/#post-1747

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