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Casual Articles - How to Write an Absolutely Irresistible Joint Venture Proposal
The days of 40-hour work weeks with benefit packages and retirement shares are quickly going the way of dinosaurs, phonograph records and VCR’s… and remember 8-track tapes? You see it at Home Depot, libraries, and grocery stores – self checkout lanes, and no help to be found in the aisles when you’re looking for a particular size dress, or for the guy to cut your PVC plumbing pipe.Corporate America is changing, and the savvy are getting ready now to find their own way, whether on the books with their own business, or with one of the more off-the-book indi
Make it as easy as possible for them to say “yes”. People in general are obnoxiously lazy. Many of my proposals have been rejected simply because it either seemed too complicated – or it sounded like too much work to them, regardless of how lucrative it was. Simplify your proposal, and if necessary, take on the majority of the workload – remember that you’re sitting on a goldmine!
Show them the money. Don’t be vague when it comes to potential earnings. Logically explain to your prospect how much they could reasonably earn from the partnership. It is very important tha
Home business is ideal. It allows people like you and me to stay home with our families. To be able to work when we need to and not when our boss tells us to. It allows a freedom that no other business offers.Home business can be the fit that you’ve been looking for. And there are so many options and opportunities available. There is a plan for a home business that will fit everyone, the only thing holding people back is the finding of the opportunity that will fit.Weeding through internet opportunities can be time consuming. There are thousand
In fact, I’ve had far more success with brief, to-the-point proposals than I ever have with a stereotypical ten-page document packed full of corporate jargon.
The truth of the matter is that regardless of who your potential partner may be - whether they’re an ezine publisher, a competing business owner or even if they’re the CEO of a Fortune 500 company – they’re all going to be asking themselves the same question when they receive your proposal:
“What’s in this for me?”
More specifically, they’ll be wondering exactly how you might be able to benefit them and their company.
Therefore, the most crucial component of your proposal is obviously going to be explaining “what’s in it for them”. Now, before I get into more details about this, it is important to note that you must have something of great value to offer your potential partner.
It is absolutely crucial that your offer is laser-targeted, relevant and highly beneficial to their clients – as well as very lucrative for your potential partner. It’s also very important to research your potential partner (and their company) in order to see what they would most likely be looking for – and it’s not always more money, believe it or not.
With this in mind, let’s take a look at how to write your proposal so that it pushes your partner’s “buttons” – to the point where they’d have to be insane to turn down your offer...
What is your potential partner looking for specifically? Find this out by talking to them, reading their mission statement and researching them – as well as how they make decisions. This will reveal the “button” that you’ll need to press as you describe the benefits of the partnership (ie. more profits, something new to offer their clients, giving their business a new edge on competition, etc.).
Make an offer they can’t refuse. Again, this will also take some research, but within reason, you should bend over backwards to accommodate your potential partner and make it as profitable for them as possible. Remember that the clients you acquire from a joint venture will purchase from you again and again – and it’s usually the “backend profits” after the JV where the real money gets made...
Make it as easy as possible for them to say “yes”. People in general are obnoxiously lazy. Many of my proposals have been rejected simply because it either seemed too complicated – or it sounded like too much work to them, regardless of how lucrative it was. Simplify your proposal, and if necessary, take on the majority of the workload – remember that you’re sitting on a goldmine!
Show them the money. Don’t be vague when it comes to potential earnings. Logically explain to your prospect how much they could reasonably earn from the partnership. It is very important that
Toll-free numbers allow customers to contact your business without them having to pay for their call. Studies have shown that consumers are more likely to call a business with a toll-free number than those who only have a long-distance number, and 90% of Americans say that they use toll-free numbers. By following these five easy steps, you can discover for yourself how a toll-number can help your business grow.1. Expand your market. Toll-free numbers allow you to use the same number for receiving local toll and state-to-state calls. This gives you the
More specifically, they’ll be wondering exactly how you might be able to benefit them and their company.
Therefore, the most crucial component of your proposal is obviously going to be explaining “what’s in it for them”. Now, before I get into more details about this, it is important to note that you must have something of great value to offer your potential partner.
It is absolutely crucial that your offer is laser-targeted, relevant and highly beneficial to their clients – as well as very lucrative for your potential partner. It’s also very important to research your potential partner (and their company) in order to see what they would most likely be looking for – and it’s not always more money, believe it or not.
With this in mind, let’s take a look at how to write your proposal so that it pushes your partner’s “buttons” – to the point where they’d have to be insane to turn down your offer...
What is your potential partner looking for specifically? Find this out by talking to them, reading their mission statement and researching them – as well as how they make decisions. This will reveal the “button” that you’ll need to press as you describe the benefits of the partnership (ie. more profits, something new to offer their clients, giving their business a new edge on competition, etc.).
Make an offer they can’t refuse. Again, this will also take some research, but within reason, you should bend over backwards to accommodate your potential partner and make it as profitable for them as possible. Remember that the clients you acquire from a joint venture will purchase from you again and again – and it’s usually the “backend profits” after the JV where the real money gets made...
Make it as easy as possible for them to say “yes”. People in general are obnoxiously lazy. Many of my proposals have been rejected simply because it either seemed too complicated – or it sounded like too much work to them, regardless of how lucrative it was. Simplify your proposal, and if necessary, take on the majority of the workload – remember that you’re sitting on a goldmine!
Show them the money. Don’t be vague when it comes to potential earnings. Logically explain to your prospect how much they could reasonably earn from the partnership. It is very important tha
One of the most common forms of background check performed by companies hiring new employees is the reference check. They typically request that candidates provide them with three names of previous bosses. If you don't have three former bosses, then provide co-workers, teachers, college professors and/or professional colleagues as character references. The first thing you should do is develop your list of potential references and then contact each one. Explain that you're applying for a job, describe the type of work and the company, and ask
With this in mind, let’s take a look at how to write your proposal so that it pushes your partner’s “buttons” – to the point where they’d have to be insane to turn down your offer...
What is your potential partner looking for specifically? Find this out by talking to them, reading their mission statement and researching them – as well as how they make decisions. This will reveal the “button” that you’ll need to press as you describe the benefits of the partnership (ie. more profits, something new to offer their clients, giving their business a new edge on competition, etc.).
Make an offer they can’t refuse. Again, this will also take some research, but within reason, you should bend over backwards to accommodate your potential partner and make it as profitable for them as possible. Remember that the clients you acquire from a joint venture will purchase from you again and again – and it’s usually the “backend profits” after the JV where the real money gets made...
Make it as easy as possible for them to say “yes”. People in general are obnoxiously lazy. Many of my proposals have been rejected simply because it either seemed too complicated – or it sounded like too much work to them, regardless of how lucrative it was. Simplify your proposal, and if necessary, take on the majority of the workload – remember that you’re sitting on a goldmine!
Show them the money. Don’t be vague when it comes to potential earnings. Logically explain to your prospect how much they could reasonably earn from the partnership. It is very important tha
When I'm traveling to someplace new, I like to get directions beforehand. Sure there's something to be said for the proverbial "scenic routes" and "roads less traveled," but, as Yogi Berra noted, "You've got to be very careful if you don't know where you're going, because you might not get there."A business plan serves a similar purpose. It's like MapQuest®, except that you choose both the destination and the route you want to take. And, like MapQuest®, it needn't be overly detailed, drawn in pretty colors, or able to fit in your pocket; it just needs to g
Make an offer they can’t refuse. Again, this will also take some research, but within reason, you should bend over backwards to accommodate your potential partner and make it as profitable for them as possible. Remember that the clients you acquire from a joint venture will purchase from you again and again – and it’s usually the “backend profits” after the JV where the real money gets made...
Make it as easy as possible for them to say “yes”. People in general are obnoxiously lazy. Many of my proposals have been rejected simply because it either seemed too complicated – or it sounded like too much work to them, regardless of how lucrative it was. Simplify your proposal, and if necessary, take on the majority of the workload – remember that you’re sitting on a goldmine!
Show them the money. Don’t be vague when it comes to potential earnings. Logically explain to your prospect how much they could reasonably earn from the partnership. It is very important tha
This is a really cranky article, but someone has to write it!Why do business owners continue to invest in automated phone mazes when we all know everyone hates them? Mom and Pop or multi-billion dollar company, growth is dependant on customer satisfaction. (…unless you have a monopoly)It is beyond belief that as many times as we all have hung up on automated phone service, that business owners still think it is better to have a machine answer questions than to have a live, friendly, intelligent human being answer the phone who can quickly take care
Make it as easy as possible for them to say “yes”. People in general are obnoxiously lazy. Many of my proposals have been rejected simply because it either seemed too complicated – or it sounded like too much work to them, regardless of how lucrative it was. Simplify your proposal, and if necessary, take on the majority of the workload – remember that you’re sitting on a goldmine!
Show them the money. Don’t be vague when it comes to potential earnings. Logically explain to your prospect how much they could reasonably earn from the partnership. It is very important that you do not simply make an “educated guess” – base your predictions entirely on your current marketing stats, sales conversion rates and other real data. This is likely the most overlooked – yet crucial – part of any given JV proposal.
Be personal. A “canned” or impersonal proposal likely won’t even make it more than ten seconds before getting tossed in the garbage. Relate to your prospect and emphasize their values by validating their interests, goals and passions. Also, if you want to really make an impact, send your proposal as a hard copy via FedEx. Email is simply too easy to ignore, erase or forget about.
Add a real sense of urgency. You want to subtly hint to your potential partner that you won’t wait long to hear back from them – which is true, because if they say “no”, you’ll have to find someone else anyway. Word this in such a way that it compels them to action either way – but don’t be overbearing, deceptive or unrealistic.
And most importantly, build rapport with your prospect. You must understand that the majority of business people – especially those that are very successful – would much rather work with someone that they know, like and trust than a complete stranger. In fact, it’s crucial that you do this before you even send them a proposal...
Well, there you go.
You now have everything you need to start easily persuading potential partners to do business with you – as well as putting together some obscenely profitable joint ventures.
Apply these tactics to your own business development strategy and watch your response rates skyrocket!
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