How long does it take to set up JVs?

Ben Roy · 10-06-2008, 02:04 PM

Could anyone give me an idea of how long the process might be from "I've never heard of you" to "A mailing just went out to 2000 people regarding your product"? I realize it will vary by situation, but some idea would be helpful.

Jeffrey Louis · 10-07-2008, 01:26 AM

Creating a JV does not happen over night....

You need to gain people's trust. This may mean going out of your way to do something for someone else, without expecting anything in return for a while....

Don't expect someone to just email their huge list about a product you have just because you told them you had a product that they can advertise to their list. Sure it may benefit them short term and get them some sales, but how are they supposed to know that what you are selling is not just junk.

The bottom line is that you need to gain their trust. People with huge lists did not get to where they are by emailing their lists about every little thing they can make money from. They would get so many removals it's not even funny.

My suggestion:

Contact potential JVs.
Offer them something, without asking for anything in return.
If they see positive things happening for them - I'm sure they will contact you and and ultimately trust you.

Fabian Tan · 10-07-2008, 02:07 AM

Could be anytime from 5 minutes to 5 years, depending on the scale of the JV

Fabian

Andyhenry · 10-07-2008, 02:22 AM

You said it already - it depends.

I've done a JV in a few minutes when meeting someone at a seminar and over a few months.

It depends on the type of JV, the relationship with the other person and why you're doing it. Some things are time dependent and some you can just do as soon as you're ready.

But you already knew that didn't you

Nathan Denton · 10-07-2008, 05:07 AM

There is a lot of ground work you need to lay before you even get to the stage of mailing out a JV offer. I would suggest trying to locate specific people to work with and approach with a JV offer.

Dont spam and definately offer maximum value to the JV partner - try think outside the realm of simply a profit share.

Nathan

10-06-2008, 02:04 PM	#1
Ben Roy Advanced Warrior War Room Member Join Date: Jan 2007 Location: Minnesota Posts: 612 Thanks: 13 Thanked 47 Times in 41 Posts Social Networking Contact Info	How long does it take to set up JVs? Could anyone give me an idea of how long the process might be from "I've never heard of you" to "A mailing just went out to 2000 people regarding your product"? I realize it will vary by situation, but some idea would be helpful.
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10-07-2008, 01:26 AM	#2
Jeffrey Louis Banned Join Date: Aug 2008 Location: San Diego Posts: 308 Thanks: 16 Thanked 163 Times in 18 Posts Social Networking	Re: How long does it take to set up JVs? Creating a JV does not happen over night.... You need to gain people's trust. This may mean going out of your way to do something for someone else, without expecting anything in return for a while.... Don't expect someone to just email their huge list about a product you have just because you told them you had a product that they can advertise to their list. Sure it may benefit them short term and get them some sales, but how are they supposed to know that what you are selling is not just junk. The bottom line is that you need to gain their trust. People with huge lists did not get to where they are by emailing their lists about every little thing they can make money from. They would get so many removals it's not even funny. My suggestion: Contact potential JVs. Offer them something, without asking for anything in return. If they see positive things happening for them - I'm sure they will contact you and and ultimately trust you.

10-07-2008, 02:07 AM	#3
Fabian Tan FabianTan.com War Room Member Join Date: Nov 2006 Location: Singapore Posts: 3,473 Thanks: 217 Thanked 385 Times in 119 Posts Social Networking	Re: How long does it take to set up JVs? Could be anytime from 5 minutes to 5 years, depending on the scale of the JV Fabian
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10-07-2008, 02:22 AM	#4
Andyhenry Beware - Straight Talker War Room Member Join Date: Jan 2004 Location: United Kingdom Posts: 9,262 Blog Entries: 25 Thanks: 1,180 Thanked 4,492 Times in 1,497 Posts Social Networking	Re: How long does it take to set up JVs? You said it already - it depends. I've done a JV in a few minutes when meeting someone at a seminar and over a few months. It depends on the type of JV, the relationship with the other person and why you're doing it. Some things are time dependent and some you can just do as soon as you're ready. But you already knew that didn't you
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10-07-2008, 05:07 AM	#5
Nathan Denton HyperActive Warrior War Room Member Join Date: Jun 2008 Location: Melbourne, Australia. Posts: 282 Thanks: 21 Thanked 17 Times in 17 Posts Social Networking Contact Info	Re: How long does it take to set up JVs? There is a lot of ground work you need to lay before you even get to the stage of mailing out a JV offer. I would suggest trying to locate specific people to work with and approach with a JV offer. Dont spam and definately offer maximum value to the JV partner - try think outside the realm of simply a profit share. Nathan
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