Synergistic Relationships Joint Ventures
Last night my friend Jos told me that when African elephants stand along the bank of a river to drink water they instinctively adopt a very considerate and practical approach. Those who stand upstream wait until last to drink. Those furthest downstream first drink then wash themselves in the river so that the mud doesn’t affect the other elephants. Then the next one drinks and so on one by one upstream. In this way everyone gets clean clear water to drink and bathe in. Teamwork makes the dream work.
Then Jos told me about deer on steep mountain trails here in British Columbia. Evidently when a deer is about to pass another on a narrow slippery and treacherous trail the deer at the highest point stops and waits until the other deer has passed. This is to avoid slipping and pushing the other deer over the edge. Some small minded egotistical business owners seem to relish the prospect of pushing their competition “over the edge” as it were! Smart entrepreneurs on the other hand realize that their competition can be their strongest allies.
Did you know that 20 of the revenues of large Fortune 500 and International 2000 companies come from Joint Ventures? And that a massive 50 of those Joint Ventures are with their competition? Amazing but true. The best entrepreneurs create powerful win/win strategic alliances and share resources distribution and access. WalMart established themselves in Mexico in a fraction of the normal time by joint venturing with an existing Mexican company. I once grew my revenues in one of the profit centers in my business from 4000 to 20000 in four days using a joint venture. It would have taken me four years on my own!
Together we can do amazing things. We don’t have money problems; we have thinking problems. Everything you need is already available when you create synergistic relationships in any area of life not only business. Unity is strength. United we stand divided we fall. The key to success is linking up with the right people. We started the DollarMakers Joint Venture Forum to link successful professional entrepreneurs and it works magnificently. By being very selective and educating ourselves we team up to reach our goals and create value just like elephants and deer.
About the writer: Get Joint Venture Expert Robin J. Elliott’s FREE “How To Grow Serious Wealth Using Joint Ventures” MiniCourse and the Prophet of Profit eZine along with video blogs world class articles free video and access to top Joint Venture Partners. Click here! http://www.jvwisdom.com
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