Joint Ventures And Egyptians? (JVs are not a pyramid scheme)

Posted by Nathan

December 7, 2007

This evening at dinner Joint Ventures were brought up because of recent events in my own businesses. The first comment from the person across the table was “that’s a pyramid scheme”. The next remark was comparing my strategies with Amway.

Some have told me that they’ve discovered people who view JVs as ‘pyramid tactics’, but this was my first time to hear the comment.

I’m going to be honest: I’ve never dealt with an MLM company. It hasn’t really been an interest of mine because I have my own projects and choose to remain focused on those.

Regardless,

The moment you pay somebody a commission or “finder’s fee” have you begun a downline?

My answer is does it really matter?

I look for JV partners in order to make money and build strong relationships in the target niche. Paying good commissions (I never go below 20%) will make most people want to work with you. If not, there’s over 20 different Joint Venture techniques that will create win-win situations, many capable of operating without using cash as the ultimatum.

To learn more, visit Joint Venture Tools.