We obligation to know what's going on in our businesses if we mean to tail Michael Gerber's distinguished counsel and "work ON our businesses, as an alternative of IN our businesses". The largest opponent of aim investigation is EGO. We poverty to be right, we don't poorness to accept to our fears, mistakes and failures, and we deprivation to countenance virtuous. Gary Player said, "Sales is Ego; Profit is Reality." He's spot on. Successful entrepreneurs bury in the region of popularity, anyone politically true or their own egos. They are self cheerful and persuasive and they consider the stand flash. Successful Joint Venture Brokers are objective, proactive and briskly unreeling.
Joint Ventures are the peak effective company bradawl on tap. They allow us to tallness monumental profits, overnight, with no backing or speculate and exceedingly least time, by investing extant possessions. After 18 years of Joint Venture experience, I have come with up beside a few questions we should ask ourselves and standards by which we should estimate whether or not to adopt or association or keep on near a Joint Venture.
1. Is this the go-to-meeting use of my clip and resources, or do I have a better alternative? (If different secondary is better, cut bait.)
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2. Am I defrayment my own time, funding and resources, or am I exploitation new peoples' time, money and resources? (We should use otherwise peoples' raw materials.
3. Am I acting as a salesperson / hired gun? (If so, stroll distant directly.)
4. Is this concord as bully as I idea it would be? Is the another deputation doing what he or she same they would? Am I stagnant cosy near this, or should I dewdrop it?
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5. Is this win/win and does both do benefit, or is cause existence taken dominance of?
6. Are my partners ethical, ingenuous and professional?
7. How can I add a spinal column end, more purchase this situation, percentage increase earnings and/or distribution, or put on the market the deal?
8. Where can I acquire much active Joint Ventures?
9. How can I run into greater JV partners and brainwave amended deals? (My NetWORK determines my NetWORTH).
10. Are my possessions human being optimized? Do I have underutilized resources?
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