All language subtitles for Why We Use Joint Ventures - S1

hello and welcome to

the Millionaire Joint Venture Success Secrets program

in this program

you're going to learn how to attract paying clients

for free without wasting your time and precious energy

and to get the best out of this program

we suggest you do the following things 1

everything you learn

learn it and apply it quickly

so you learn something

apply it straight away

as soon as you can

why because if you don't

you'll forget it

so apply as soon as you learn something also

email us your documents for any feedback at any time

so whether you do a proposal document

a checklist document

an agreement document

it doesn't matter what it is

and if you're not sure of whether it's right or wrong

please email us support at mindspacecoaching com

so we can then advise you accordingly

so you can move on with what you are doing also

send us any screenshots of actions that you've taken

any successes that's happened

let us know those successes

so we can celebrate with you

and give you further pointers

send us information regarding any joint ventures

that you've either identified or closed

you know if you identified a joint venture

you should be celebrating

if you close the joint venture

you should be pleased and celebrating as well

we want to know about those things

so we can advise you further if need be

also you will be able to join and participate

to participate in the Telegram group so do that

the details will be in your email

accompanying this program

so click the link

and join the Telegram group as soon as you can

and participate in the group as well

let's begin with session No. 1

how to succeed with Joint Ventures

this particular program is designed

for you to use joint ventures either to generate leads

and ultimately generate sales

so close more sales

here are some key steps that's going to happen

in order for you to be able to do that one

we're going to be talking about

the types of lead generation that's out there currently

why do joint ventures in the first place

as opposed to when you want anything else

you're also going to learn the power of leverage

we're going to go through the million

dollar joint venture process

you're going to discover the types of joint ventures

that are you have the ability to do

and also going to determine the risks and the mistakes

that people make when it comes to joint ventures

so these are the six key areas

we're going to be covering in this session

let's start with the types of lead generation

that is out there currently

and if you're an expert for your coach

if you're a consultant

someone involved in that field

you'll know that a lot of people tell you

do social media

so there's you can do

you can generate leads through social media

example posting regularly

sliding into people's DMS

direct messages

it takes work

takes effort

Facebook ads

Facebook campaigns Google ads

you can pay for paid ads

email marketing

and email marketing

as you know

you can send out a lot of emails

the challenge

there are challenges with all these things here

networking business networking

for example

whether it's the Rotary Club

Business Network International BNI

lots of different networking opportunities out there

also video marketing

you can do video marketing

whether it's putting videos on Vimeo

and directing people to it or on YouTube

and so there are many

there are hundreds of ways of generating leads

the one that we really prefer

and which we teach our clients

as you know

is joint ventures

so let's talk about using joint ventures

to generate leads and also close sales

the starting point is to ask this question

so what is a joint venture otherwise known as a JV

well simply put

it's a win win strategic partnership

between two or more businesses or individuals

who agree to leverage each other's resources

in order to make more money or save money

so essentially

that's what it is

don't let this sentence put you off

or anything like that

pay attention for the rest of this program

cause it will get

it will make a lot more sense in a moment

and the fact is 95% of small businesses don't do it

they do not do joint ventures

that means it's a big opportunity for you right now

if you can learn what to do

implement what to do and actually make money from it

take the opportunity

so one of the key benefits is

how much does it cost you to acquire new clients

using joint ventures

if done in the right way ultimately

if you follow our program and do it the right way

the acquisition cost for a new client could be zero

for you so it's very low cost or no cost for you at all

key benefit

so stay tuned

let's talk about the power of leverage

the power of leverage means

we want to use joint ventures

in order to really make a lot more money or save money

so let's talk about the power of leverage

we want to use and leverage resources such as

existing customers so

your joint venture partner may have existing customers

that are not buying from them right now

because they already bought whatever they have

so there is an opening for you to offer your stuff to

their existing customers

who may then be interested in buying from you

leveraging technology

leveraging expertise

so your joint ventures make partners

or yourself may have some form of technology

or some form of expertise

that you can both leverage of each other

leverage relationships

leverage your credibility

so for example

if there's someone in the marketplace who

presumably is much bigger than you

maybe 10 times bigger than you

hundred times bigger than you maybe have

has a huge following

or has been in the industry for decades

by you doing a joint venture of that person

eventually it gives you enormous credibility

that people who associate you with that company

or that brand or that person

leveraging knowledge

leveraging facilities

leveraging finance money

in other words

leveraging employees

so we can use leverage to really explode

our sales results

there's much more outside of this

so let's talk about the million dollar

joint venture process

which you are going to be going through in this program

and the first part is

you're going to learn how to succeed

with joint ventures

how do you really

really make money

or save money using joint ventures is number one

number two in this program

is how to create your joint venture strategy

without a clear strategy

you make you will make a lot of mistakes

so the strategy

allows you to do things in a right way and make money

so we're going to go through that stage

number three is how and where to find

your potential joint venture partners

where are they

how do you find them

and how do you approach them

so No. 4 is how to contact and build rapport

with your joint venture partners

remember if you can't contact them

and when you do contact them you have

you don't have the ability to build rapport with them

then they don't get to know you

they don't get to like you

they don't get to trust you

and your joint venture partner must be able to trust

you in order to want to do business with you

No.5 how to create a new

resistible proposal offer for your joint ventures

and No. 6 how to close the joint venture deal

and start making money

this is the money side as well

so pay attention to every single session as we

as you go through this program

and implement everything that you learn

so let's start with

why do joint venture marketing

simply it's the fastest

most lucrative

and least competitive form of marketing bar none

so if you know it's the fastest

and it's very lucrative

and it's competitively very very low

then you can make a lot of money

if you do it the right way and attract a lot of clients

you can reach more people quickly

you can sell your product or service in

larger quantities

you can build brand credibility for free very very fast

you can increase your cash flow

and profits very quickly

you can increase the awareness of your brand

or your service

and the types of joint ventures out there include

getting endorsed by another expert or brand

maybe you do a joint webinar or a Facebook

Instagram or some kind of live

or an email campaign that you do together

but if that person

or that company or that brand is endorsing you

the marketplace or their clients

suddenly think well

we can trust this person because we trust the endorser

you can offer non competing but complementary services

so two people in a joint venture

they are not competing with each other

but they are offering complementary services

that go along

we'll talk more about that later on

you can have unsuitable leads for your partner

that will be great for them

and maybe they've got unsuitable leads

in their organization that will be great for you

because those leads are not buying from them

there's nothing else that they want from that company

you can provide an upsell or a downsell to the service

that your joint venture partner already provides

or vice versa

you can provide added value to joint ventures clients

that added value could be based on your knowledge

your experience

your background

your services

your technology

your value that you bring

that they do not have for their existing clients

and I will want to point out at this stage

that there are some risks

and major mistakes that people go through

when they don't do joint ventures the right way

and that's the reason why

we decided to create this program

one of them is non payments

now when money gets involved in a joint venture

now if they are not ethical

and that there are no models around them

then the money that they are due to pay you in

in the form of commissions

they don't pay

so some people will attempt to do that

that they owe you money

but they won't

they don't pay it sometimes

your joint venture partner may skip agreements

that you may have agreed something with them verbally

but when the money starts flowing in

suddenly they have

they don't remember

okay they got out

forget forget

full memory all of a sudden

so some people will try and skip agreements

that you have already made

you will have different agendas at some point

so your joint venture partner might say

oh right okay

we've been doing this for several months now and

and I I really want to focus on something else

I really want to do something else

and so now you know you will

if things are not done the right way

which is why

we highly recommend you put things in writing

which we will provide you

the contracts and agreements to do so

otherwise people float

and then what happens to the database

what happens to the leads

what happens to the customers

it becomes a bit of a mess sometimes

you'll end up with the wrong joint venture partner

so going through this program

make sure you follow through

in exactly the way we teach you

in order to end up with the wrong joint venture partner

sometimes you'll fall apart

you'll grow apart

maybe that that person realizes

they want to do something else

which happens

and you may want to do something else

but the agreements that you made in writing

will actually hold things together

so that even if you grow apart

the money that potentially could have made

would still be intact

regardless of what had happened

so that's the end of this particular session No. 1

and here are the key action that we want you to take

on this session

is to join the joint venture Telegram group

now in the email supplied with this program

you would have the link to that

or we will add you to that

so if you're not has

if you haven't been added already

make sure you reach out to us

so we do that for you

now you have the different resources

ongoing throughout this program

you have the Telegram group where you can ask questions

you can share your thoughts

you can share your ideas

you can share your successes and wins

you can share any thoughts that you've had

and also you can do that by emailing us

support mindspacecoaching com

if you have any questions

you want to share something with us

go do it right there thank you