Affiliates or Joint venture

Most of us are happy getting the firewood but the person who strikes the match will always get warm first : MY GRANDAD

Sorry i had toshare that thought with you because it was something my grandad used to say.

I have been in theis business the best part of 8 years and in those 8 years i have been both an affiliate selling other peoples products and have written countless software programs and ebooks all but a few were best sellers.

Being both have there distinct advantages but of course you have to start somewhere.

Affiliate Marketing is hard graft and if you know what your doing you can make hundreds of thousands of dollars FACT

But they say a little knowledge is dangerous and this is so true , many noobies make the mistake of jumping too quickly , internet marketin is a massive time bomb.

Set for 3 months , depending on the offer your promoting it could go boom and bust everything out of the water , or it could just go pop and fisle out.

Beleive me i have had my fair share of both.

I have kept a diary of what works and what dosn't , anyone who tries to sell you the full proof dream is taling way out of line because if they new the real IM they would know it just isn't like that.

I hate to burst anyones bubble but there is a method to getting it right 85% of the time , This is the techniques i use and it works 85% of the time . BIG BIG NUMBERS

So what is a JOINT VENTURE

For people who hear it for the first time, the term "joint venture" comes across as some kind of partnership. If you also got that impression, you are right. A joint venture is a partnership but not just between two people. It is the association of two or more people, companies or entities that want to combine their property, resources and expertise to create a business enterprise. This means that they will have joint shares on the company or in some cases the "product" or project that they have.<br>

It differs from ordinary partnership in the sense that it is not always for the long term and unlike, partnerships, the resources may not become the property of the other. It all depends on how the parties agree on paper.

Joint ventures, you see, can happen even with companies that have already established themselves in the field. So why would they opt for a joint venture when they can certainly put up the project themselves? They lack the resources or one element in the mix. One example is perhaps two technology companies who each own a patent for a product and when these products are combined, they can produce one great product that they can sell. Because one cannot make the product on their own, the company will seek a joint venture with another to make it work.

Another example when a joint venture is called for is when companies want to expand to another country and they want to partner with a company that already has an established market in the country. This makes everything easier for the company and sometimes also cost-effective. The same goes for companies who want to put their products in the market and need the resources like factories and selling areas to launch their products.

Joint ventures also work for foreign companies who want to establish operations in a foreign land but cannot get a permit to do it. Some countries have strict laws against foreigner owning a business. Because of this law, some companies will seek partnership with a local company in order for their operations to push through. The same goes with companies who have problems with a language barrier and therefore need local companies to help them be introduced in the market.

Joint ventures are also sought in the most part because of financial constraints. Some projects can be really expensive to undertake and some products can take a huge chunk of a company's savings, cash that they really do not want to risk in a new enterprise. Joint ventures provide these companies with the option to partner with another company and therefore, divide that risk and also divide the capital.<br>

One thing to remember though with a joint venture is to seek a partner who you can trust and also someone that you share the same work ethic and vision with. Getting the wrong partner for this can spell disaster in the long run. So better make sure that you are making the right choice.

Five rules i live by
Joint ventures are great ideas for business but it is not without its disadvantages. Some fail while others crumble against the weight of the discord. So before you opt to go into a joint venture, here are some things that you have to consider in order to make sure that you will have a successful one.


1. Your partner
Your partner must be somebody or a company who you trust and believe in. If you are thinking of partnering with a company, research also on the owner as well as the man who is running the business. You will need to deal with these guys if you ever push through with the joint venture. The potential partner should also be able to go with the vision that you have for your company.

2. Their contribution
Another important aspect that you need to look into when starting a joint venture is the contribution that each partner will have for the project. The contributions should be made clear at the start of the project and should be written on paper if need be and signed by each of the partners. That way, everybody is made aware of their roles, thus minimizing the potential to slack off from their duties. It is also good to include in the document that if you ever slack off, any of the partners can be kicked out of the partnership or their shares can be lessened.<br>

3. Exit strategy
There should also be something in writing until when the partnership will run. Remember that joint ventures are temporary but they can be in long term. It is good to have a specific date or period of run and then an option to extend for all parties. This will be a good way to ensure that everybody who is staying in the joint venture is still happy and is not just staying because the clause said so.

4. What the companies offer
Before you go around making an offer for a joint venture, make sure that you have thoroughly researched the company or the person that you want to be partners with. Check what they have to offer and make sure that they are the best in the field or that they can offer the product, technology or service that you need. Remember that you are only seeking the partnership because of that missing element and it is vital that you make sure that the missing element is really there. <br>

5. Properties
When two companies go into a joint venture, they will be combining some of their assets. Make sure that the properties that each of you will be bringing to the table is equitable. It is not only in the number of properties but also the value attached to each one. If the contributions are not the equal among the partners, make sure that you talk about it and put them into writing. The sharing of profits may depend on the contributions of properties. The bigger the contribution, the larger the percentage of your profits.

So i have explained what both affiliate marketing and a Jv partnership are and i expect i may have awoken the money maker in you.

REMEMBER THAT ALTHOUGH I HAVE ONLY BEEN IN THIS BUSINESS 7 YEARS I AM ALWAYS REALLY PLEASED TO GET A MESSAGE OR AN EMAIL ASKING FOR HELP.

Those who know me will know i spend most of my online time promoting and fixing websites that need some SEO lurv and have always got warrior forum minimised , so feel free to ask

Thanks for LISTENING