Dollarmakers.com BLOG

Monday, October 23, 2006

Consider International Joint Ventures

Some of the Members of the Joint Venture Forum balk at the idea of an international Joint Venture, whereas they are often among the most lucrative and the most satisfying JV’s around. I am currently enjoying Joint Ventures with Members in Australia, South Africa, England, the United States, and Canada. By doing JV’s with Members only, you achieve a certain level of protection, because of our Code of Ethics and common ground, and you save a lot of time, because you don’t have to educate them or deal with stingy people.

Another benefit of international Joint Ventures is that everything is in writing, plain as day, no misunderstandings, clear and concise. In addition, if you stick to the “no money, no risk” policy, you have nothing to lose and everything to gain. By building a solid relationship via phone and e-mail, one can be more specific and objective. In many cases, you will find that deadlines and duties are honored at a higher level than local JV’s. Distance adds a little respect and excitement as well. (Familiarity is said to breed contempt. I say, “Nice guys get taken advantage of.”) Seems to me, when people are dealing with someone far away, they tend to prioritize that JV and seldom put your deal on the back burner.

One of the truly fulfilling JV’s I’m currently involved in is with a Member in Florida, Nathan Gilder. His team created these amazing 3d animation depictions of the JV concept: “Toll Bridge” - Click Here and “Money Magnet” – Click Here
In return for Nathan’s work, we promote him on our Blog, our 42 websites and in our five ezines, as well as at our Joint Venture Broker Bootcamps 101 and 202. It’s a pleasure to work with Nathan – he’s always on time and he does a wonderful job.

You might want to consider embarking on a few international Joint Ventures. At the time of writing, we have 460 Members of the DollarMakers Joint Venture Forum around the world.

Robin J. Elliott www.DollarMakers.com