The Truth About Joint Ventures
August 18th, 1971 | 
Author: The Truth About Joint Ventures
JOINT VENTURES
Let me start off by saying this is the best and the worst thing that you can do. If youre first starting out and dont even have your own product there is very little chance that you can even attempt this. Anybody who is anybody isnt even going to listen to anything you have to say until you have something substantial to offer them.
On the other side of the coin if you DO have something substantial to offer youre going to get joint venture offers coming to you out of the woodwork. Youre going to be tempted to take on a lot of them.
Dont.
This is one area where you have to be VERY careful. Why?
Because the truth of the Internet is this
People will get as much as they can out of you and give back as little as possible.
Deal with it.
With this knowledge you can still make a joint venture work if you have something to offer. So unless you have created your own product dont even attempt this step yet.
The first thing you have to do is to find the people you want to pitch your JV to. This alone is a very time consuming process and theres no easy way to go about this.
Check out some of the hottest sites on the Internet in your field of expertise whatever it is. When you find the sites check to see if there is an email address you can write to.
If you find an email address send a very professional email to the person asking them if theyd look over your product. Tell them that youre offering rebranding rights for it so they can insert their OWN links. Make the offer as attractive as you can without giving everything away.
The key to initiating a joint venture is to think of the person youre approaching first. Thats why giving them a freebie that they can sell and make money with all on their own is a great way to start.
One of two things is going to happen. Theyre either going to be very interested in your offer as well as your generosity or theyre going to tell you that theyre not interested.
You will probably get 99 not interested before you get 1 yes.
So why bother doing this?
Because that ONE yes could turn into a 6 figure income if you hook out with the right person.
They key to this is not to give up. If you give up you have no chance. As long as you keep trying theres always hope.
Now freebies are a different story. But in order to make freebies work there has to be something in the freebie that brings you some income.
The way most people do this is give away a short ebook on a topic and inside the ebook they include a product or two that goes along with the topic.
For example. Lets say you give away a free ebook on article writing. Inside the book you teach people how to write articles. Then after you do that you show them how to submit their articles to directories. In that part of the book you tell them about a certain software that will automate the process for them. Of course the link you include to the software is your affiliate link.
Believe it or not you can make a few sales this way.
Promoting freebies is easy because theyre free. Remember the forums I told you about? Well you can give away things at forums. You just cant advertise products that are sold. So simply go to a forum and find the area for free downloads and place your free download ad. Trust me if you have something that is of value theyll be downloaded quickly.
Joint Ventures and Freebies are a little tricky to get working correctly. But with a little imagination and a solid work ethic both can turn out to be very lucrative.
Sincerely
Jake Riley
http://www.Memberzilla.com
About the writer: Jake Riley is a software developer programmer and Internet Marketer. He is also part of the team at Memberzilla Software.
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