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So how do you go about finding joint venture partners? The first question you should ask yourself is this: ?Who already has influence and credibility with my target market??
In answering this question, the best place to start is with ?warm? contacts. Warm contacts are your existing network of friends Wholesale MLB Jerseys Free Shipping , mentors, business associates and suppliers. It's the best place to start because it's easier to persuade someone you already have a relationship with to participate in a joint venture with you.
But what do you do if no one in your network is suitable? Then, you'll have to work with ?cold? contacts. In other words Wholesale MLB Jerseys From China , you'll have to go out and find partners.
Whether you're partnering with warm contacts or cold contacts, there are common places and instances where you can network and build relationships that can lead to profitable joint ventures.
Here are some of those places and instances where you'll find potential partners who have influence and credibility with your target market:
1. Seminars and Workshops
Seminars and workshops are the number 1 place for finding potential joint venture partners. This is because of the feast of networking opportunities provided by such events. Often, these type of events last for up to three days. This gives you a chance to make strong connections with the other delegates. You'll also find that people who pay good money to attend seminars are often those who are serious about growing their business.
2. Trade Shows and Exhibitions
Sometimes Wholesale MLB Jerseys China , it can be more worthwhile to work the floor at trade shows and exhibitions, rather than having a booth. Why? Because you get to meet potential joint venture partners that may not necessarily visit your booth.
3. Membership Associations
Most membership associations provide a directory which lists all the members of that association. The directory usually provides the business name, web site and contact details of members. Some membership associations also host monthly or quarterly events which make a great platform for networking.
4. Through your business associates and suppliers
Introductions from people in your network is a very effective way of meeting potential joint venture partners. You're likely to instantly trust a person you've just been introduced to Wholesale MLB Jerseys , if the introduction is made by someone you respect and trust i.e. your business associate. This method of finding potential joint venture partners is a sort of third party endorsement that turns a ?cold? contact into a 'lukewarm? contact.
5. Participate in online discussion groups and forums within your industry
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