Don't "Joint-Venture" Until You Read This...

This post is for newbies. If you are an advanced internet marketer, please ignore this post. First thing, Do you want to clone my internet business? If YES, click here, if NOT keep reading, please...

Joint-venturing means that you are combining your brand with someone else, but it can become dangerous and here are 5 reasons why:

1. Hype 💭

This happens when a vendor launches a new product. People are going crazy about this and this #1 mistake is to buy into it.

If you just started online, you may not know that nobody will accept hype from you. Many will reject you when you are telling them about "the new shiny object" that just appeared overnight and how that will change your lifestyle.

Few people will believe you and you will get frustrated, competing for "a prize" that you will never win. It's like the lottery ticket where you invest and you lose the money.

2. No email list 😕

Let's face it. You don't even know what that is and how much does an email software costs. You don't have any contacts there to promote to. And these are very hard to find. Plus the fact that you must craft your emails alone and the chances of success are equal to zero.

3. The risk 😐

Do you know how much money you need to invest? Thousands of $$$ to get 1 sale for $400. And that is not a certain thing. This business can become very risky if you are at the beginning and you don't know what you are doing.

It's like playing the slots. You will never know what it gives you. But, do you feel lucky? Try it then.

4. It can become a liability 😠

A liability is an object or service that doesn't produce money for you. Like a car, a new computer that you are using it just to play games and not monetizing it. The JV doesn't guarantee you sales, so you end up paying for something vague after you borrowed money to start.

5. Trust 😱

It is hard to build trust nowadays via the internet. What if you don't make any sales after you invested too much money? Do you trust the vendor? Are you doubting yourself? This can go wrong in a snap if you don't know what you do.

You will get all the tools to promote your partner, but are you good with promotions? Is he/she trustworthy?

I did JV's in the past and it didn't work for me. But I'm not saying that it can't work for you. Are you willing to try?

Comment below and tell me your experience with joint-ventures (good or bad). I have a lot of bad experiences, that is why I wrote this post and shared with you.

Conclusion

The joint-venture is profitable but very risky. The reason why is because there is too much hype involved and not too many people will believe you. You may get rejected most of the time, but if you are comfortable with it, try it on your risk.

Do you want to open an Amazon business? Click here

Until next time, I see you on my blog.

Vlad