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Andrew and Walker were Friends who were 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 to put toward it.
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 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).
And the hoop? It's still
being used.
Click Here 2 See My Webmaster and I Shooting A Few Hoops
Over the years, Andrew and Walker have since gone on to use the
same concept to get money for a fishing boat, camping equipment, diving
equipment, etc.
The concept? Joint Ventures.
Joint ventures can be as simple as what Walker and
Andrew did. I don't see any reason to make it more complex. Like Albert
Einstein reportedly said, "Simplicity is genius in action!"
Naturally,
there are more considerations about using Joint Ventures to Make Money
Online with your Internet Home Business, but if you'll keep the following
principles Walker & Andrew unknowingly used, you can't go too far wrong:
A successful Joint Venture will have:
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An existing and trusting relationship.
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Mutually agreed upon goals.
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Equitable division of resources and labor.
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Shared risk.
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Shared rewards.
That's it. Joint Ventures explained...
In a too complicated world, we often forget to keep it
simple, don't we?
PS: To see a fairly
straight-forward joint venture site "how-to", click the following link:
Joint Ventures
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