Edward Thorpe
When my Son, Walker, was 11 or 12, he wanted to buy a $150
portable basketball hoop.
Trouble was, Walker only had 50 bucks.
But our next door neighbor's kid, Andrew, Walker's age, liked to
play basketball, too.
Andrew and Walker were Friends, in the same grade, went to
the same school and belonged to the same Boy Scout Troop.
Walker talked to Andrew about wanting to get a basketball
hoop.
It turned out Andrew wanted a hoop too, and had 40 dollars
of ready cash.
Being a couple of smart kids, they figured they'd pool their
money and get one basketball hoop and share it.
With $100, they still needed to come up with $60 to start
playing basketball at home. So what did 2 money-shy boys
do?
They came up with the following scheme:
They borrowed some supplies from their parents' garages and
went around the neighborhood and offered their car washing
and waxing service.
It took them all of one day to get the rest of their money.
The hoop is still sitting out there in my driveway (Walker came
in with more money than Andrew... Thus the hoop was parked
at his house).
Over the years, Andrew and Walker have used the same
concept to get funds for a fishing boat, camping equipment,
diving equipment, etc.
The concept? Joint Ventures.
According to Walker & Andrew's methods: successful Joint
Venture will have:
Despite the current online JV hoopla, Joint ventures are as
simple as what Walker and Andrew did to get their basketball
hoop.
I don't see any reason to make them more complex than they
are.
Like Albert Einstein reportedly said, "Simplicity is genius in
action!"
In an already complicated world, time-proven, fundamental
principles still work - even for Joint Ventures.
As my old drill sergeant used to snarl at me "KISS - Keep It
Simple Stupid!"
What can you find in your life that would benefit from getting
back to the basics?
Anyway, that's it, short and sweet: Joint Ventures explained...
*****************
Edward Thorpe
owns Lazy Dude Publishing and publishes
THGBA eRag. Get his free eReport "Internet Marketing
Considerations" by subscribing to his ezine by sending any
email to:
Ed@a1ebiz.com
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