I still need guest posts, so if you want to have your blog featured in front of more than 950 daily readers, send me an email. The site flip project will still go ahead, my Internet has been pretty shitty lately and I don’t want to start it with me not being capable of updating.

Hey all - still having problems. We recently upgraded our Internet connection to top speed, but for some reason it’s slowed down - anyways, since my parents are out I can’t do much until they get back. I wrote this in Notepad and am copying / pasting it in, and if I have time will do this a little more this week. Uni starts tomorrow though, so I want to start getting ready - if you’ve got the time to write up a short 500 - 1,000 or so word guest post of reasonable quality, send me an email.

When I started out, I didn’t do enough of this - in the last few months though I’ve been involved in more and more joint ventures, so many in fact that these days I don’t have the time to take on any more.

What is a joint venture? Basically, it’s when two (or more) marketers team up on a project that is win-win for both.

Let’s look at an example for you guys. Joint ventures don’t have to be done by experienced marketers - anyone can do them, yourself included.

So, for example…

Newbie A is a great writer, but can’t design or code for nuts.

Newbie B is a great coder and designer, but can’t write.

They team up on a blog, do equal amounts of work, and sell it at after a month and split the profits.

The great thing about a joint venture is that you can do half the work you’d normally do… and treble or quadruple the profits.

The common saying is that two heads are better than one, and this is definitely the case - two people sharing their knowledge and skills. I’ve come across ideas I hadn’t even thought about before, and profitable ones at that just through talking for a few minutes daily with marketers. Ideas that I’ve later put into practise to make myself some money.

There are three types of joint ventures.

Level down. This would be where you’re partnering with someone that has less experience and knowledge with you. Why would you want to partner with someone like that? Well, it can still be profitable.

For example, at the moment simple Wordpress niche sites with a premium theme are selling for a few hundred dollars on Sitepoint. Now, hiring freelancers can be a pain… at the moment, I have enough writers with me churning out content, but for those starting out finding one that is reliable can be extremely difficult.

So, what you can do is purchase the premium theme license, partner with a content writer… and split the profit say 70% / 30% in your favour. For someone that writes at $0.01 per word, ten articles at 300 words would net them $30 - if your site sells for $200 profit, they’ve already doubled the money they’d normally make… for the same amount of work!

In your case, you make money for doing very little work, and don’t have to deal with the hassles of finding a decent freelancer. Work out a few of these kinds of deals, and you’re doing pretty good business.

Another example could be you seeing a decent product, out of the marketing niche - written by (for example) a professional in his / her niche but with little experience marketing online. You could apply common marketing principles, and split the profits - the percentage would be completely up to you.

Same level. You team up with a person that has similar levels of knowledge and skills as you, but perhaps in different fields (see the one can write, one can code example at the top of this post).

For example, you want to start blogging, and would prefer having a blog updated daily… but don’t have the time because of *insert excuse* (school, uni, alternate job, hot girl… etc). You could team up with two other people, and each update ten times a month… and of course, split the profits three ways. Something that could net you a decent amount of money for quite a bit less work on your part.

Level up. This is the same as the level down type of partnership, only you’re taking the other person’s job.

For example, say I’ve written a product about… dog training. Now, I’ve done research, and I’ve come across Marketer X’s site - from which I glean that he has upwards of 10,000 subscribers.

Now my product converts well, and I think his subscribers would be interested… I also currently offer a 50% commission of the product.

Something I’d do would be to contact Marketer X, and tell him about my product - heck, send him a free copy to look over and give him a higher commission. Offering 65% for example, could be enough to make him a tonne of money… and you quite a lot too, considering your product is going out to 10,000 people that hadn’t heard of it before.

Hope the above examples helped you out.

There is only one major rule when trying to initiate a joint venture.

Make sure that you both bring something to the table.

You can’t just go to a top marketer, and say ‘let’s partner up’ … you have to state why a partnership would be beneficial to both parties, what work you’ll be doing etc.

Do not only focus on the money part of it.

I get a tonne of emails saying… promote X to your readers, if 10 people buy this daily you’ll make $X daily, $X monthly, $X yearly… ZZzzzzz. Personally, I want to know how YOUR product will help the people I’m promoting to - if it’s good enough, the money will come.

Expect to do some kind of work.

Whether you’re at the top of the chain or right at the bottom, you will have to do work. Where you are depends on how much you’ll have to do - those at the top may just have to send a simple, 200 word email to their subscriber base; those at the bottom may have to write a few 500 word articles. Remember, as long as you think that work will lead to something productive, you don’t have a problem.

If you have a product, send it over at the start.

I get too many emails asking me if I’d be interested in promoting Product X… without getting to see what Product X is. If you know who you’re emailing, and think they could make a difference, email them your product - either attached or include a download link. In all honesty, I can’t be bothered emailing back asking if I could see the product, as I get too many emails daily.

This is the same as when you’re asking a blogger whether you can guest post (when the opportunity hasn’t been presented to you)… write up your post first, then send it in with the request. If it’s good enough, it’ll go live.

Anyways… hopefully all of the above will help you find the perfect joint venture… where you both make money, in a partnership that benefits everyone. And hopefully I’ll be able to put out a few more posts on here over the next couple weeks!

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