What Has Networking Got To Do With Joint Ventures?
What has networking got to do with joint ventures? "PLENTY" is the short answer to this question.
Networking is a very important element of joint venture marketing because the more you network, the more you meet potential partners and build relationships that lead to profitable joint ventures.
Your network of business associates, vendors, family and friends, plays a big part when it comes to implementing your joint venture marketing strategy. This is because the most successful partnerships are with people you know, like and trust, and vice versa.
Of course, many profitable joint ventures have taken place between partners that have not known each other for long, but any "cold" contact you meet would need time to evaluate your character and your business, before committing to a partnership with you. Sometimes this could take a few weeks, and other times it may take up to a year.
Before joining organizations or associations in your markets, do your homework to identify which ones are most likely to produce results aligned with your business goals. Make sure you keep in close contact with those in your network. Send thank you cards, meet for lunch, make brief phone calls, remember birthdays, and ask them to subscribe to your newsletter.
Here are ten places to start with, on your networking journey to lucrative joint venture partnerships:
1. Live Seminars and Conferences
2. Breakfast Meeting Groups
3. Trade Shows and Exhibitions
4. Membership Associations
5. Introductions made through your business associates and vendors
6. Online discussion groups and forums within your industry
7. Live Training Courses
8. On Your Travels e.g. on the airplane or train
9. Interactive TeleSeminars and TeleBootcamps
10. Other Networking Events e.g. at business parties
The size and quality of your network determines your income. The more valuable contacts you have in your network, the more lucrative your joint venture projects would be. Build a profitable network, and increasing your net worth would be easier than you think.
Copyright © 2005 by Habiba Abubakar and Emprez. All rights reserved.
Note: You are welcome to republish this article as long as the resource box at the end is included unaltered.
Habiba Abubakar, a.k.a. The Profit Diva, specializes in helping small business owners who are struggling to increase their client base and are tired of earning mediocre profits. The tips in this article have been excerpted from her home-study program, "Joint Venture Profits For Small Business Owners."
To learn more about this step-by-step program, and to sign up for your FREE copy of her revealing Mini eCourse, "The Easiest Way To Skyrocket Your Profits In 90 Days Or Less," visit http://www.profitdiva.com
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news
From Girlboss Community To Chairman Mom, Female Founders Dash To Build Utopian Networking Platforms For ... - Forbes
Women in Technology: Hollywood Workshop to Focus on Networking - Media & Entertainment Services Alliance M&E Daily Newsletter (press release) (blog)
The Most Productive Networking Comes From Mixing It Up: Four Ways To Add The Variety You Need - Forbes
Create a 10 Second Introduction From Your USP
You can generate a ton of business by networking, whether you belong to a networking organization or just get referrals from existing (satisfied) customers. Whenever you meet a new potential client, it's important to create the right impression about you and your business straight away.
Measuring Value for a Networking Group
How do you measure a group's worth to your organization?It is sometimes necessary to measure the value of a group. You may be asking yourself why you would want to measure the value of a group whose purpose is business.
Creating Successful Alliances and Partnerships through Networking
Douglas Wilder, former Governor of the Commonwealth of Virginia, and the first elected Black Governor in the United States gave me advice that I will never forget. He said, "From this point on, when you walk into a room, walk in that room like you own it, when you talk with people remember to stand on your principles, keep your word, and people will want to associate with you.
Networking Skills: Arguing in Context
If you're fond of a good debate, you know how to annihilate someone else's position in an argument while still somehow managing to keep a friendly rapport with that person. This tactic is frequently used by politicians and lawyers, and one that will no doubt come in handy in online networking.
Mary Kay Ash Did It Best... (The Networking Factor)
"The Networking Factor, Everyone is important!" This slogan reminds me of another personal credo by one of the country's greatest motivators..
Sell For Yourself Or Sell For Your Boss?
First of all I would like to start this article by saying no matter what job you are in now, no matter what product you are selling, you will NEVER NEVER get the just reward that you are were entitled too when you made all those sales for your boss. Fact of Life.
Growing Your Network of People Can be Easy and Fun!
A few years back when I moved to Charlotte, NC for the first time, I came with high hopes of starting my business for the first time. We picked Charlotte because it was a growing city with a lot of potential.
Building Bridges - The Importance of Being Connected Where You Live
As a Young Professional (YP) in the up-and-coming city of Milwaukee, WI, I can tell you that it's very important to find a way to get connected in your city. It's important because in order to make a difference, you need to know who those difference makers are.
Practice Makes Pefect
What is the problem when people try to describe what they do and they stumble over their words and never consistently repeat the same message?Have you ever gone to a networking event and the person next to you is trying to describe what they do and they keep miscuing the words? This happens so often at these events. The major problem, besides focus, is the fact that they have not practiced their spiel.
Networking for Wallflowers: How to Profit from Getting into the Crowd
The two most common complaints about networking are: 1) I never meet people I can do business with and 2) I am always so uncomfortable going to networking events. These two complaints are related and can be relieved with a three step approach to networking that helps even the most frustrated networking wallflowers.
How to be Known
Why business relationships are formed with certain people?If you go to a networking meeting and look around the room, can you tell which individuals you would like to converse with? It is likely you will gravitate towards those that are engaged in conversations and have an enthusiasm about them. If you see people sitting around looking like wall flowers, you will not be as likely to find out more about them.
Politics, Religion, Race; Conversational No-No's in Business
Do not destroy all your positive displacement and high energy and customer confidence by discussing politics in your small business. Remember not every one in the world is as smart as you are or sees as much dealing with all these different types of customers in so many different professions each day.
Success Sentences to Help Combat Conversational Crappiness
Essential to your success as an effective, engaging communicator is learning not only what to say, but what not to say. The following guide examines several sentences, phrases and questions that stand in your way of connecting and communicating with confidence.
Hey, Whos the New Guy? How to Make Guests and First Timers Feel Welcome
The New Guy is a person we all know. And regardless of age, gender, race or personality - spotting The New Guy and stepping onto their front porch is your duty as an existing member of any organization.
The A-B-Cs of Networking
In the workplace - and when dealing with workplace matters - networking is a powerful tool. And the same is true in personal and social situations, where friends and family can provide you with a great support system, both as you make decisions about change in your life and as you carry them out.
Networking - Facts to Ponder
Right here in Europe, the very last continent to enter into its growth cycle, there is only around 0.5% involved and we are right at the very beginning of our growth cycle in network marketing.
The 4 Attitudes of Awesome Hospitality
Hospitality relates to the Latin term philoxenia, or "the love of strangers." And stranger is defined as "someone with whom you have not yet been acquainted.
How to Collect Business Cards
Why the business card grab is not why you are there? So how do you obtain the card and show interest that gains confidence?One of the things I am also always asked is, "How do you collect cards?" and "What do you do with them when you get them back to the office?" What really happens when you collect business cards? Often they get put into a pocket with many others. Have you ever collected cards to later find out that you have no idea who the person was? This happens all the time.
Building Great Business Relationships
If you're in a business relationship with anyone - a client, vendor, or customer - how important is that relationship to you? Do you value the relationship? Do you want to nurture it?A business relationship, like any relationship, is a two-way street. The expectations of both parties needs be clear and easily understandable.
Why Bother With Social Networking Sites Like LinkedIn?
Q: I think I understand the value of networking as well as the next businessman, but for the life of me, I don't really see what sites like LinkedIn, Ryze and Ecademy can do for me. What's the point of these sites other than just as some sort of digital popularity contest?A: My good friend and colleague Liz Ryan, head of the women's power networking group WorldWIT, Women in Technology, has a great answer to this sort of question, an answer that I'm quoting here with permission:I ask people to join LinkedIn, and often they say "I don't want the spam.
|home | site map|