Posts Tagged ‘howto’
Joint Venture Partnership Power Tips
Applied correctly, Joint Ventures are powerful partnerships. Even experienced marketers make mistakes. Here are some JV Partnership Power Tips to keep you on the mark for a successful joint venture effort:
1) Know your prospective JV Partner well enough to determine (before contacting them directly to inquire if they are interested):
- What they bring to the table. Do they have a specific product, skill set, or service that relates, and could add to your campaign or idea?
- If necessary, do they have the capability and willingness to put something special together for your project, that aligns with your vision?
Tip: Research and determine before contacting a potential JV partner; then verify specifically. Establishing details and parameters of a JV Partnership should be firmly cemented in the initial conversation, so everyone has a totally clear picture of expectations, involvement and delivery. Only then can a JV effort successfully proceed.
2) Know your prospective Joint Venture Partner’s networking and presentation style, to determine:
- If it is a “fit” for what you have in mind.
- If their joining you in this effort will be mutually beneficial. It is always a 2-way street.
Tip: Everyone works differently. Don’t assume someone works within their network exactly as you do in yours.
3) Understand your prospective JV Partner’s way of doing business, to determine:
- If what you’re looking for or asking might even be considered as ‘possible,’ based on their own work and communication style. A “system” that works for one doesn’t necessarily work for all others.
- If the involvement is in keeping with their network — not everyone ‘hard sells,’ and their approach may well be vastly different from yours.
Tip: ‘Different’ is not a detractor, as long as you and your JV Partner can collaborate, playing to and on each others’ strengths and differences. Differences can add dimension to what is offered, reaching more people. Finding a “clone” assures overlaps with potential conflict, probably yielding less-than positive results.
4) Just because someone has established an extended network, enjoys a healthy level of engagement, and is well-seated in what you perceive to be “your target market,” does not guarantee success. This harks back to the premise that ‘if you think everyone is your market — no one is your market,’ because that is an impossibility.
- Every network is different, and is shaped by the unique connections within that framework.
- Your prospective JV Partner may not be able to “deliver” the numbers you are looking for, but the quality of their relationships may well be better than most, with higher results for the effort return ratio.
Tip: This is something to consider, in addition to reviewing your goals for the effort. It may give you an opportunity to expand your network, and introduce some new ideas or a product to your partner’s sphere, that they can also profit from.
Once again, it all gets back to the relationship, doesn’t it? Knowing your potential JV Partner, how they do business, their presentation style and network. The bottomline success of a Joint Venture is based on your prospective partner’s relationship not only with you, but also within their network.
I have seen folks literally jump into the middle of setting up a Joint Venture, based on assumptions they have drawn from inadequate and incorrect information about a potential partner. This ill-fated effort is further doomed for failure, when all expectations are not fully explained at the outset. There is nothing like the experience of letting your JV Partner know you need a coordinating product valued at a minimum of $100, just a week before the launch, and they have to develop something to meet your expectations!
When this occurs, it’s apparent the person suggesting the JV opportunity has not carefully considered those they are partnering with, nor thought the effort through, and in no way is taking their JV partner into consideration — only as an end to a means for their own benefit. With careful consideration and planning, these types of situations can be avoided. Mistakes can happen, but it is detrimental to reputation and business should there be any impression of sloppiness or lack of concern for JV partners. It will eventually leak out.
Keeping in mind a Joint Venture is a partnership, treat your JV associate like a partner — because they in fact are. Without their involvement, you have no “JV.”
I do speak from experience, because I have spent many years of my career putting together highly successful Joint Venture Partnerships, JV efforts, co-promotional commercial campaigns at the national and international levels, with recognized companies and brands, as well as with well-known individuals. I hope these Joint Venture Partnership Power Tips are helpful and serve you well.
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Epic Legacy: Things Steve Jobs Taught Us
Following the death of creative genius Steve Jobs, legendary Apple co-founder, entrepreneur, inventor… as so many are recounting the incredible life, career and contributions of Steve Jobs, I found watching this vid of his Commencement Address at Stanford University in 2005 inspiring, as it encapsulates his time and fire-tested philosophy…
Take-aways for me, from the 3 stories Steve Jobs shared from his life:
1) Connecting the Dots: “You can’t connect the dots looking forward, you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something… Because believing that the dots will connect down the road will give you the confidence to follow your heart even when it leads you off the well-worn path, and that will make all the difference.”
(From what Steve shared, his parents also dared to accept challenges, analyzing the ‘norm’ and doing what they believed was the best, based on the opportunities as they present themselves = Priceless Results)
2) Love and Loss: “I still loved what I did… I’d been rejected, but I was still in love… it turned out getting fired from Apple was the best thing that ever happened to me… it freed me to enter one of the most creative periods of my life… it was awful tasting medicine, but I guess the patient needed it. Sometimes life’s going to hit you in the head with a brick. Don’t lose faith… You’ve got to find what you love… The only way to be truly satisfied is to do great work… The only way to do great work is to love what you do. You’ll know when you find it.”
3) Death: ” ‘If you live each day as if was your last, someday you’ll most certainly be right’…If today were the last day of my life, would I want to do what I’m about to do, today? …and whenever the answer has been “no” for too many days in a row, I know I need to change something… in the face of Death… leaving only what is truly important… there is no reason not to follow your heart… and yet, Death is the destination we all share… no one has ever escaped it… and that is as it should be, because Death is very likely the single best invention of Life. It’s Life’s Change Agent — it clears out the old to make way for the new… Your time is limited, so don’t waste it living someone else’s life… Have the courage to follow your heart and intuition, everything else is secondary. ”
“Stay Hungry. Stay foolish.”~Whole Earth Catalog
EPIC Legacy: Steve Jobs iTY ~ Becky
Ezine Marketing Power
If “the money is in the list” is any indication of the true potential value of an opt-in email list, then staying in touch by regularly providing helpful, relevant information is a high priority.
Remaining in touch with your list allows you the opportunity to communicate with your subscribers, developing a more personal relationship, through shared content they wait to receive directly from you.
The process of providing valuable content over time to your target market is powerful, giving great return for the effort, allowing you to:
- Establish your status as an expert in your niche
- Develop a loyal following, hungry to hear more from you
Publishing an Ezine supports and nurtures your valuable business asset – your opt-in email list. An Ezine is one of the most effective ways to communicate with your followers, but it is not just a one-way street. An enticing Ezine also attracts new subscribers, so you can continue to grow your list.
Through actively and consistently providing helpful content over time, a well-published Ezine is an effective tool for winning loyal customers and growing business revenue.
When someone gives their email address when opting-in for your Ezine, they are giving you permission to share valuable information with them. They have already determined their interest in hearing from you.
Not keeping up your end of the conversation is a little like giving someone the ‘cold shoulder’ or ignoring them in real life, isn’t it?!
Are you missing opportunities to be in touch with your target market?
Ezines are well-established, effective tools for direct communication. Quite often, folks are wary of their ability to set an Ezine up, unsure of how to keep it going, and to concerned about providing a quality Ezine that will be read. Others have already been publishing an Ezine, but would like to fine-tune their effort for better results.
Recently, I read “Ezine Marketing Power” written by Ali Brown, known as the ‘Ezine Queen.’ Ali has taken her brand and business to incredible heights, including appearing on the season finale of ABC’s Secret Millionaire show. She began her enterprise with her Ezine.
We know that email marketing is alive and well, and can be effectively used in marketing and communications. Publishing an Ezine is a powerful tool in that toolbox, allowing you the opportunity to keep the conversation going through valuable content, and further developing relationships with your subscribers.
This comprehensive 334-page guide serves as a great resource for anyone who wants to publish a valued Ezine. It is clearly written, with a substantial number of examples, taking the reader step-by-step through:
- Planning Process: Goals/Objectives, Target Audience/Perspective
- Considering Content: Key components/Results-oriented Content Tips
- In-depth Details about Publishing: Management/Services/Formatting
- Subscriber Management: Corresponding/List-building
The Appendix also includes pages of:
- Sample Ezines
- Summarized Ezine Articles
- Ezine interview Letter Template
- Checklists for HTML and Text Ezines
- Bonus Articles
These are only some of the topics and features covered in Ali’s Ezine Marketing Power. It is a first-class presentation, in a large 3-ring binder, with tabs sectioning-off the various chapters – 5 in all, plus the Appendix, bursting with lots of helpful information.
I recommend Ali Brown’s “Ezine Marketing Power” for anyone interested in publishing an Ezine that will get read. It is written for folks who are new to this concept, as well as folks like myself, who are long-time Ezine publishers.
In 1998, I began publishing my first niche Ezine, and while many changes have been made through the years, I always had questions. This is the first definitive source I found that provided me the information I needed. It’s a great resource.
“Ezine Marketing Power” clearly takes readers through the process of using email marketing by publishing an Ezine to attract new prospects, win loyal customers, grow business revenues.
For more information about: Ezine Marketing Power, or to purchase, click this link (here)


