Do you ever feel like you work very hard for very little money? Or are you in the position where your paycheck is directly related to how much time you spend in your business? Are you one of the many entrepreneurs that hasn’t got their retirement fund looked after as well as you would like?

If you want to make more money, with no risk and no money, then you really need to understand and be doing more Joint Ventures in your business. The only reason you would not be doing more JV’s in your business is because you don’t understand how to put them together.

Business is about more than just making money. Who cares if you have made
$100,000 in sales this year if your expenses were $95,000! It’s pretty hard to live off of $5,000. So business needs to be about PROFIT. However, it can be expensive to start a business, operate a business and manage a business. With a Joint Venture, you can literally be in business with no experience, no money and no risk. Want to learn more? This newsletter alone could put some substantial PROFIT in your pocket this year if you do what I recommend and do regularly.

What is a Joint Venture or a JV as it is usually referred to? It’s a business agreement or partnership wherein two or more people share their resources to accomplish a common goal. JV Brokers link supply and demand and get paid for all ongoing business. Like a tollbooth on a bridge, every time a transaction takes place, you get paid. Once a JV is set up with someone, it can provide you with years of leveraged income.

JV’s are a fundamental part of large corporation’s profit centers and are highly lucrative. 20% of the income of the Fortune 500 and International 2,000 companies comes from JV’s and 50% of those JV’s are with their competition! Walmart, Sony, Amex aned Pfizer all use JV’s to their advantage and so can you!

Here are a few examples so you get the idea of what is possible. You can become what we often refer to as “the Middle Man”. Connect business A and business B and take a piece of the action.

As I write this newsletter, I am in the process of linking an inventor with a cosmetic distribution company in Canada that is potentially willing to take the inventor’s product to every salon in Canada. I will set up the connection between the two and if the deal goes through, I will make a commission on every jar of cream that is sold through the salons. This could be huge. I simply knew the inventor and the owner of the cosmetic distribution company and I made a phone call to get the ball rolling. Could you do something similar? For sure!

This is an example of triangulating a deal. You are the middle man or woman
between businesses.

Bundling is another way to use Joint Ventures. For example, a realtor sells houses but what if she offered a house inspection service to every client.

As the JV broker, you would approach a house inspection service company and arrange for a percentage of all business done if you make the connection with realtors and set up the deal. The realtor is offering their client a great bonus, which in a competitive market can make or break a deal, and the house inspection service is getting business they wouldn’t have got. Even if the realtor pays a couple of hundred dollars for the inspection, it could increase their business and their commissions by thousands of dollars. You get paid on all the business and everybody is happy – the realtor, the home buyer and the house inspection service company.

This one idea could be worked out about a thousand different ways with very little creativity, a bit of legwork and a few phone calls. For example, I used a woman who did amazing feng shui type work in my office last December. My office went from being ugly, (I admit it now in hindsight) to absolutely stunningly gorgeous. You can check it out for yourself at http://www.tranquilplacesconsultinggroup.com/ under Office Portfolios. My before and after shots are top of the page. As a result, my business boomed, my income soared and I had the best year in business in seven years! Could I recommend Kimberly to my business clients and have her pay me a commission on the business I send her way? What do you think?

There are two reasons you won’t do more JV’s in your business? One is that you are stuck in your old way of doing business and that may be killing you financially. Open up your eyes to new possibilities, greater creativity and get your ego out of the way.

Secondly, you may have a hang-up with getting paid for connecting people because you believe that you should do it for free. Please get rid of that ridiculous belief because it is keeping you from living your highest financial potential. You are in business to make a profit -otherwise, you should be working a job. Remember, a broke Spiritual Entrepreneur is very limited in the good they can do in the world. You owe it to yourself, your family, to the Universe and to the world to earn money and lots of it so you can do what you are here to do, including all of
the philanthropic dreams and goals you have.

Here are some more ideas to get your creative juices flowing. What back end
products can you add to your business that you don’t want to provide personally but you can refer people to with whom you are already doing business? For example, I refer people to my shopping cart and get paid an on-going referral fee for anyone who signs up. Same thing with the audio service I use, my web programmer and even the meditation I practice. You can see how I have set this up at www.janjanzen.com/recommendations.htm It is very tastefully presented but that page makes me money. Can you do the same? Absolutely!

How many network marketers do you know that buy leads? What do they do with the leads that they never convert? I know that most of them do nothing with them. If those leads that they paid good money for aren’t interested in their vitamin company for example, they are lost leads. But what if you become the JV broker, the bridge between the network marketer in a vitamin company and a network marketer in a personal development or technology based company. The person with the leads sells them to another network marketer and you take a percentage of business converted. This concept can be transferred to several different businesses and ideas
- just start thinking outside the box.

Are you excited yet? If you’re not, please take your pulse. What fears, doubts, worries and concerns came up for you? If you think you can’t, you won’t. Rather than look at all the reasons why it won’t work for you, start thinking of why it can. I have seen people with no secular education and very little training do some amazing joint ventures because of one thing – they got started and they didn’t stop.

Recently my partner attended a weekend workshop. We calculated that this
entrepreneur made about $350,000 over the course of 3 ½ days as he moved people through a well-orchestrated marketing funnel. Not a bad income for a few days work as he does this every single month of the year! Why did this entrepreneur succeed in the workshop industry when thousands don’t? One simple reason. He started out at his first workshop several years ago with 14 people in attendance. At the weekend workshop my partner attended, there were over 3,000 in attendance. In short, he simply didn’t give up and the business grew.

Lesson I learned from this: I usually stop way too early to reach the incredible success I desire. Perhaps the same is true for you also. So start doing some JV’s and don’t deem yourself an abysmal failure when you don’t make money the first time or even the tenth time. Just keep on doing them and trust me, you will make money.

And of course if you want to really become proficient, learn more. One of my business associates, Robin Elliott has generously offered you a complimentary ebook on Joint Ventures. Also, you can check out my Joint Venture website and for anyone in the Vancouver area, there is an amazing Joint Venture bootcamp on January 26th that I highly recommend you attend. I’d be there re-attending for the third time if I wasn’t in Mexico because I learn something every time I attend.

Joint Ventures are a very simple way of doing business without the hassle. As I am setting up Joint Ventures regularly, I am so glad to be the middle woman. I don’t have to be the distributor, the service provider or the retailer. I don’t have to be the inventor or the creator. Both of those businesses have a lot of work to do their job coupled with high risk and the need for lots of capital. What do I need to set up the Joint Venture? A phone, an email address, an hour or two and absolutely no risk! Where would you prefer to be in this scenario?

Make 2008 a year to try something out of your comfort zone with a Joint Venture. I’m hooked on them and am looking forward to an amazing year of income, thanks to JV’s. Why not join me?

To Your Outrageous Success!

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