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Joint ventures have long been touted as a smart and potentially prosperous business strategy. Working in tandem with another business can bring big profits and open successful new markets. But before you ever consider approaching another business for a joint venture, you must determine whether you and your business are ready.
So, I thought it would be funny to write a humorous piece about the game of hockey, where I made a bunch of very silly, entirely funny, not-remotely-serious points about why I hated hockey. My pictured audience was one person, namely that friend of mine. We have had so many arguments during our friendship where he picks apart my favorite sport, baseball, and I counter with reasons to disllike hockey. Once I wrote this article, I found this website called Associated Content. I submitted the thing. Lo and behold, the agreed to PAY me for the article. It was, therefore, the first article I wrote that I got paid for. You can find “Why Hockey Sucks” at that link and read it for yourself.
As you may know we published our first book, Gravitational Marketing; The Science of Attracting Clients in March of 2008. When we wrote that book we did not do it the traditional way (we do not do anything the conventional way). When we wrote our book we were on a national seminar tour putting on 2-day seminars all over the country. When did we have time to write a book?
You need a smoke. The urge grips you in its Iron Fist and your date’s voice falls away into nothingness. She’s still chattering on, but you’re eyeing the door longingly. You excuse yourself, to your date’s dismay, and exit the restaurant to have your cigarette.
There are 3 areas that you can address when you confront them. You can focus on their attitude; behavior and performance or results. Each of these will produce different results and should be handled carefully. The moment you start on the wrong foot, it will be difficult to change the direction of the discussion.
If you have a business with employees, you should think of their attitude and morale if presented with a joint venture. Some employees and managers may view a JV as a threat to their job security. Or they may not like the idea and jump ship after you announce a JV to them. Be sure that your employees are open and ready for changes that may be necessary to help a JV become a success by talking to them beforehand and getting their input.
Quality service has two categories: quality of product and timeliness of delivery. With that said, do not order from distributors who refuse to let you sample their products. On the other hand, allow once to correct the order if your order is different from the product. Once they have corrected their mistake, order from another distributor. The same goes when a distributor fails to deliver your order on time.
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