How 1 Offline JV Helped An Australian Retire On A Fortune!

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Here's one of my favorite examples from The Sticking Point Solution (written by Jay Abraham)...

It's about an Australian man who frequently traveled to the United States on business. Because of jet lag, he was often up late into the night and at the time (during the 80's I think?) infomercials were just becoming popular. After a few months of seeing the same infomercials, the Aussie knew that these commercials must be making money.

So he contacted the companies that were selling these products via infomercial and got the rights to be a distributor in Australia, unexplored territory for these US based companies. He would spend his own money (which he formed into another joint venture) to get television advertising and would split the profits with the company on every sale he made in Australia.

It worked like a charm and the man eventually sold his company (which cost him nothing out of pocket) to a large public company for nearly nine figures!

The moral of the story: look into becoming a "joint venture broker."

Use your marketing knowledge to help those less knowledgable (usually offline businesses) and get "a piece of the pie."

Once you "get" that there are endless possibilities to help other companies make more money, you can help them add incremental profits and take a percentage of the upside.

Let's say you go to an offline company that doesn't know a thing about how to follow up with their customers....

Maybe they have an email list or Facebook fan page with thousands or millions of people, but they don't do a thing to monetize the list!

Why not approach the company, using what you know about marketing, and help them increase their profits? In exchange, you would get a reasonable percentage of the incremental profits you create.

In general, most joint venture brokers get between 5% and 35% of the profits for at least a year, but everything is negotiable - AND even more importantly it doesn't cost you a dime.

All in all, this is probably one of the most lucrative ways to make money without any upfront investment.

You will be working on performance, but if you use proven marketing strategies, like those that you're reading about here and other resources I recommend, there's no reason you won't be successful.
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