Joint Ventures

jvNetworking is important for any business owner. When done right, it can really skyrocket your customer list. Many business owners ignore the power of networking, and instead try to do everything themselves. However, you are leaving money on the table if you don’t find joint venture partners.

So how do you locate them? There are a number of strategies that work. Here are four of the best:

#1) Attend offline seminars

It can be very tempting for online business owners to ignore offline media when building their business. However, often the best locations for finding partners are away from the internet.

Some people attribute offline seminars as the single most important catalyst to their success. This is because of the incredible networking opportunities that are available there.

#2) Use the search engines

One of the best ways to find JV partners is through the search engines. Look for who’s ranking in the top 10 of Google for the primary keywords in your niche.

Also, focus on sites that have email opt-in forms. Since they are in the top 10, you know they are getting a lot of traffic. So if they have an opt-in form to build a list, chances are they will have a big list.

#3) Bring business cards

Do this wherever you go, not just seminars. Give them out to potential business associates, customers or anyone you think may find your services or products helpful.

#4) Visit forums

Some business forums, for instance, have a separate section just devoted to finding JV partners. Going here can be a great strategy.

How do you make a good impression?

Let’s face it, how you present yourself will determine your success in finding JV partners. If you are a beginner, you might have a harder time getting quality partners. However, it’s not impossible.

Since you don’t have a large list yourself to sell their product to, you have to find some other reason they should partner with you. You could offer them a higher percentage of the profits.

However, you definitely want to test your site and make sure it converts before finding JV partners. Most quality JV partners will want to know your conversion stats before they recommend your site to their list. This just ensures it’s worth their while.

Don’t worry about rejection

Sure, plenty of people you ask are going to turn you down. Just keep asking, because the more opportunities you give yourself, the better your chances of success.

The bottom line is, finding JV partners isn’t as hard as most business owners think it is. It’s just a matter of being in the right place at the right time. Hopefully these four tips will help you find profitable partners now.

About Shawn Snyder

Shawn Snyder owns SRS Virtual Assistant. We work as consultants and virtual help for the entrepreneur and small business owner who is looking for help with their social media needs, email marketing and admin office help.
This entry was posted in Business and tagged . Bookmark the permalink.

7 Responses to Joint Ventures

  1. Jan says:

    Shawn, these are great tips for finding joint venture partners. Thank you for sharing.

  2. Amanda says:

    Great tips for finding Joint Venture partners. I should look at more ways to attend more offline events – especially since I don’t do any now. Thank you!
    Amanda recently posted..Juggling Tasks? 3 Ways to Keep them From FallingMy Profile

  3. I’ve found most of my projects offline, so I’m with you about offline networking opportunities. And even if you partners immediately, you get out of the house for a while ( an issue for me because as a home-based business worker, I could stay home for weeks and never have to leave unless I want to) and make new friends.
    Damaria Senne recently posted..J Is For Juggling RolesMy Profile

    • Shawn Snyder says:

      It does seem that those of us who work at home have to struggle to get out and interact with people face-to-face. Awesome things can happen when that does occur though.

  4. Deb says:

    Great suggestions. I’m finding that in-person networking has been VERY effective. Ironic since we are virtual. There’s something to be said for getting away from the computer and talking to people in person.
    Deb recently posted..Just Be YOU…And Stand Out From Other ExpertsMy Profile

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge