JV Partnerships and how to pick the right one for you

 Joint Venture Partnerships are wonderful but choosing the right one for you can be challenging.

There are loads of different ways to do a jv partnership! Here are some things to consider:

  • It should be beneficial to all parties in the partnership...Choose someone who has a similar audience, but not the exact same audience. If it's EXACTLY the same, that's a competitor. If it's someone who compliments what you do, that's a great choice.
  • Partner with people who align with your brand, your message, the way you do things, your vibe.
  • Determine how you divide up the money ahead of time! Is it a percentage? A dollar amount? I go over a lot of different things to consider here in the episode.
  • How big and valuable is their "list?" (email list) compared to your list? Do the people on their list actually open the emails?
  • I describe, in detail, an unfortunate situation that occurred because I did NOT choose a partnership well...a cohost I chose for a Clubhouse room.
  • Remember that just because you have three people going in on a course, that doesn't mean that everyone does the same amount of work and promotion, so maybe the split may not be equal.
  • Affiliates is a super easy way to have jv partnerships and have the details set up ahead of time. I detail how to do this, as well. Kajabi does all of my affiliate stuff for me!
  • If you'd like to chat about Kajabi, go here and grab a Kajabi tour.
  • Affiliate sales percentages vary greatly.
  • Stage time on Clubhouse, when everyone is a moderator, is another way to think about jv partnerships. I detail important information about this in the episode.

Are you on Clubhouse? If you are and you'd like to learn more about growing your business there, (and everywhere!) join my clubs on Clubhouse:  

Business Fabulous for Female Entrepreneurs (Over 38.000 in there!)

Fabulous Female Bosses  (This one will have closed club events)      and      

Kajabi Business Fabulous (it's alll about creating courses and membership sites!)

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