Tag Archives: business networks

Whether you own a business or not…

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You do not have to own a business to do a joint venture, strategic alliance or a partnership. There are literally hundreds of ways you can put a working relationship together.

That’s the beauty of it all. If you are, for example, employed you can look around for opportunities that can maximize on your own skill set to contribute to the bottom line of your employers business. Here everyone can benefit enormously by you putting together an opportunity where you place yourself strategically in a position to add a lot of value to something that is currently not being done.

There may be, for example, underutilized assets in the company you work for or a system that can be implemented that can do things quicker or with less effort therefore saving or adding money to the bottom line for the company.

There is basically no limit to what you can do especially as it is my experience that opportunities abound everywhere. What we do need however is an easy way to recognize these opportunities. Most of us have not been trained to identify these opportunities mostly because we are so bogged down dealing with our lives and work that the extra effort seems to be almost insurmountable.

If you have an idea of how this can be done please add a comment to this post below. I would be most grateful.

Bringing together ideas and resources

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There must be something going on. Every day I hear of great ideas and come across underutilized resources.

How can these be put together?

One way we put them together is to meet up with like minded people. We can join a business club or go online to a social networking site. We can read up on how things can get done or go and play golf in the hope that we can meet up with the right person who may be able to help.

For any entrepreneur his or her business is always front of mind, all day every day. We are always searching for opportunities to improve our service or product. As we know there are many ways to improve our lot. What works for one does not necessarily work for another.  

Personally what would work for me is to become involved in a supportive environment that brings you face to face with your prospective future partner. Face to face can mean an experience in person or an experience online.

Today we have various forms of enhanced technology that can allow us to communicate online. You can use text, audio, video, teleconferences, webinars, forums, membership sites and other tools to gain a better idea of who you are dealing with. However this all takes time, the sifting and sorting to narrow things down to what it is that you exactly want or need.

We all need to do joint ventures of one sort or another but most of us clearly lack one or other aspect of getting the joint venture done. We either need to have the idea or the resources and then to follow the strategy through followed by the tools. To complete the deal you need to be able to work with people you trust.

Clearly this entire process takes time. That to me is the most important ingredient – time – all things take time. If we have the necessary commitment and persistence and everything else we then need time to develop trust for our future joint ventures to pay off.