Joint Ventures are temporary or short- term partnerships that you form with other businessmen, in order to expedite your business’ success. This involves an agreement that benefits both parties as you share in the costs and the risks, as well as the rewards.
There are several ways you could find a partner. You could look through your own circle, join events, go on special sites and marketplaces, or do a Google search.
I find that joining forums is a reliable way to find your future joint venture, partner. The first reason being that it’s a common way. Meaning there will be tons of people signing up for these forums, increasing your possibility of forming the relationship you’ve been searching for.
What You Need
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A membership at a popular forum like Warrior Forum. It’s free of charge to sign up for and explore.
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War Room – a section of Warrior Forum that allows you exclusive content
– $8.08
Setup Steps
Go for a well known site like Warrior Forum.
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Create your Warrior Forum membership account at http://www.warriorforum.com.
Find joint venture partners.
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Go to http://www.warriorforum.com/warrior-joint-ventures > Click New Post. You can also search for threads that have similar needs and participate there.
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Join their War Room. You get charged $8.08 per month, billed annually to get access.
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Share your own content related to your business once you’ve established your account in the threads.
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Make a list of keywords related to your niche that you will use to search for threads.
Timeframe
Time to do: 2 weeks
Time to see results: 1 month
Additional Tips
Provide help and be active on Warrior Forum. If not, your posts on Joint Ventures won’t be taken seriously.
- Focus on 1 or 2 partners before expanding to more.
- Communicate and get to know an interested party before agreeing to work together.
- Read the rules, follow them, and be courteous to people.
- Some members aren’t there for the most legitimate reasons, be cautious.
Potential Results
Take care to screen through each post because there are many trolling around forums. Still, you’ll be sure to find tons of new connections. Work hard enough and with the right people and you could earn up to $5,000 a month.
Michael is an entrepreneur with over 25 years of online business experience. He’s been a pioneer in domain acquisition and development, notably transforming I-Newswire.com into Newswire.com, which led to significant revenue growth. Currently leading OnlineBusiness.com, Michael is focused on educating fellow Founders on the transformative power of the right domain name for their business.