http://chrisandsusan.tv The Live Webshow for Internet Entrepreneurs with guest expert Sohail Khan sharing his knowledge on joint ventures and how you can double your business in 30 days using JV's
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Value Proposition canvas- Customer needs and pains
How to Double Your Business in 30 Days Using Joint Ventures
1. Guest Expert Sohail Khan
„How To Double Your Business In 30
Days Using Joint Ventures!‟
2. Sohail Khan – The 7 Figure JV Broker
„How To Double Your Business
In 30 Days Using Joint
Ventures!‟
3. Who Is Sohail Khan?
• Marc Goldman quoted me as, „ A true rags to riches
super success story just like Andrew Carnegie‟
• Jeff Mills gave me the name „The Master Connector‟
• JV Expert for Jonathan Jay‟s SuccessTrack Clients
• Achieved Over £8.5 Million Using Joint Ventures
• International Speaker charging £5,000 a keynote speech
• FIRST Brit to ever be invited to keynote speak about
JV‟s at The Social Media Summit in the US
• Co-Author of The Wealth Accelerators
• Founder of „MyBrokeringBusiness.com‟
4. World‟s Most Powerful Business Strategy?
A Joint Venture is an arrangement of mutual benefit
between two or more people or businesses who have
complimentary resources.
5. A Businesses Most VALUABLE Asset
The relationship between a business owner and customers
is the most VALUABLE asset that can be leveraged!
• When business is sold asset VALUED on Balance Sheet.
• It costs SIX times as much to sell to a new buyer.
• Selling to the same customer again is PURE profit.
• It costs you ZERO using other businesses lists.
• More of the profit is yours with NO advertising costs!
6. The BENEFITS Of Using Joint Ventures
• Allows you to COMPENSATE weak areas in your
business without the nominal investment.
• Allows you to take advantage of UNLIMITED
complimentary skills and resources.
• Allows you to BOOST your lead/client generation
and profits very quickly.
• Allows you great branding potential for FREE.
• Allows you to MAKE MONEY out of thin air!
7. The BENEFITS Of Being A JV Broker
• As a JV Broker I make LOTS OF MONEY by
simply being a middleman.
• You DON‟T NEED to spend years building your
customer list or even creating your own products.
• You DON‟T NEED to keep track of sales, chase
people for money owed or fulfil the product orders.
• You just step in, leverage others resources and make
HUGE PROFITS by just bringing people together.
8. The POWER Of Joint Ventures – MY STORY!
2006 – Built a 7 Figure Business Using Joint Ventures
9. The POWER Of Joint Ventures – MY STORY!
2008 – Lost Everything and was TOTALLY BROKE!
10. The POWER Of Joint Ventures – MY STORY!
2009 – Completed a 7 Figure JV Deal In Just 30 Days!
11. The Million Pound Joint Venture In 30 Days
• I found a list of 400,000 buyers and contacted the
company with a JV proposal (without the product)
• I ended up using www.elance.com to create a
complimentary product for just $500
• I introduced and licensed the product to the list owner
making £5.00 per unit sold without handling fulfilment
• With a total of 200,000 units I collect £1,000,000 as
my JV commission!
12. Making a 7 FIGURE LAUNCH Happen!
The REAL POWER Of Joint Ventures!
$4M +
14. The Two Most Important Questions To Ask
1. “Tell Me How Did You Get Started As A ______”
2. “How Can I Help You Sell More Of Your _____”
15. The Joint Venture Mindset
If you don‟t have the right success mindset then you are
destined to fail. Visualisation is the best means of
manifesting the specific successful outcome!
If you want to attract the energy of opportunity and
success then you should use an affirmation like:
“I am the right person, in the right place, at the right time, doing the
right things, with the right people!”
“I am aware of and open to unlimited joint venture opportunities, I am
involved in the best „high-level‟ joint venture opportunities!”
Always see yourself as someone adding value to others!
16. Contacting Potential Joint Venture Partners
Email/Online
Email is practical, easy and cheap. A great way to
communicate with potential partners when you are
already dealing with them.
Most business owners usually receive a lot of emails
and don‟t always read proposals unless you have a very
strong headline that catches their attention!
Should Not Be Your ONLY Mode of Contact!
17. Contacting Potential Joint Venture Partners
FedEx or Special Delivery
The BEST way to contact potential partners. It‟s
professional and rarely used so gets the attention. You
get pass the first barrier as it always gets opened!
Helps get past the gatekeeper easier as long as it is
addressed to the decision maker and marked as:
URGENT: Please Hand Deliver
18. Contacting Potential Joint Venture Partners
Phone
Follow up after you send your proposal out. You should
also get your partners on the phone after they accept
your proposal.
Only use the phone to follow-up or get an appointment
NEVER pitch your proposal on the phone unless you
know the person very well!
19. Agreements and Joint Venture Contracts
Non-Disclosure Agreements – NDA‟s
Some people like to use NDA‟s as it legally stops other
people ripping off your trade secrets/ IP or even your
entire sales process.
Joint Venture Contracts
Only start drafting an agreement once the deal has been
solidified and you have a confirmation to go ahead.
20. Most Popular Types Of Joint Ventures
Online
You find someone with a complimentary product or
newsletter and you contact them to promote your
product or bundle it with their own.
This can be done through emailing each other‟s lists or
via a link on their newsletter or website.
A very simple way to get started with joint ventures!
21. Most Popular Types Of Joint Ventures
Licensing
You can make money instantly by buying or owning
the rights to those things that are proven. Because it‟s
already been tested you don‟t need to spend time and
energy to prove that it would actually sell?
You can also charge people a royalty fee for the rights
to your products and make money hands-free!
One of the quickest ways to make Millions!
22. Most Popular Types Of Joint Ventures
Reactivating Inactive Buyers
Customer attrition is the amount of customers that
businesses lose every year, usually around 20%.
Businesses are so busy looking for new customers that
they lose existing customers and don‟t even know it!
You can get together with other businesses and offer
them your products/services to re-activate doemant
customers for a percentage of the profits.
It costs 6 times as much to get new customers!
23. Most Popular Types Of Joint Ventures
Unconverted Leads
Company A gets 5,000 call-in leads a month. They
convert 15% of them. What should they do with the
other 4,250 unconverted leads that costs them money?
You get them to do an endorsed joint venture campaign
to promote your products to their unconverted leads (as
they have not purchased) and split the profits!
There is so much abundance in leads for everybody!
24. CASE STUDY #1
• Met Kim on Mike Filsaime‟s Marketers Cruise
• We had a brief conversation over dinner about
what I do and JV Brokering
• Kim contacted me 2 weeks after the cruise to
help her raise money for Medical School
• We had a Strategy Session and I enrolled her
onto our JV Coaching Program
• I also connected her with a few of my contacts
25. CASE STUDY #1
• 6 weeks later she did her first JV deal putting
together a product owner and BIG list owner
• The product was a $99 a month membership
site and in her first week she did 262 sales
taking 20% - $5,240 a month!
• She was then approached by a drinks company
who was trying to find suitable partners
• She JV‟d his drinks into the top niteclub chain
in Miami making $35 a case with a minimum
2,000 order commitment - $70,000 minimum!
26. CASE STUDY #2
• Mark completed JV Coaching and was
originally looking to do a small Joint Venture
• After he had a Strategy Session with me he
decided to go ALL out and aim higher
• He went through his own database and found a
teddy bear manufacturer on his list
• He then contacted one of the largest gift
suppliers in the UK with a JV proposal
• The gift supplier will now be ordering 60,000
teddy bears in the first year!
27. CASE STUDY #3
• Richard purchased my JV Coaching Program
• After he had a Strategy Session with me he
decided to something very unique
• He approached one of the UK‟s biggest
Marketing Experts with a JV proposal
• He then contacted me and asked me If I was
willing to promote my JV Coaching Program
to the Experts list of 50,000 buyers!
• In the next 6 months we should do over
£500,000 in sales and Richard takes his 10%
fee as the JV Broker!
28. CASE STUDY #4
• Mark attended a recent seminar I spoke at in
London and listened to my JV Strategies
• He then approached a speaker who was selling
a £1,500 Social Media Service Package
• Asked her if she had a reseller package and
then got on the phone to one of his clients
• Pitched the client at £10,000 for the same
Social Media Package and made a sale!
• After speaking to him he is now doing a JV
with that same speaker to his client list.
29. 12 Week JV Coaching Program in 2010
Students Paid $5,000 EACH!
• Become The JV Expert In Your Niche
• How To Find JV Partners and Close JV Deals
• Use Different Types Of Joint Ventures
• Using Social Media To Create BIGGER Deals
• Evaluate Joint Venture Deals
• Close Your First JV Deal In 60 Days and more…
31. 12 Week JV Coaching Program - 2010
Coaching Modules
• Module 7: Traffic Building JV‟s
• Module 8: List Building JV‟s
• Module 9: Offline JV‟s
• Module 10: Online JV‟s
• Module 11: JV‟s On The Fly
• Module 12: 7 Figure JV Case Studies
32. 12 Week JV Coaching Program - 2010
Testimonials
“ It has changed my life that I now look for
joint ventures everywhere” Blakey C
“I have bought other coaching programs for JV
brokering/consulting. This is the first that
combined a wealth of solid training and
hands-on experience!” Linda Noel
33. THE NEXT STEP FOR YOU…
JV Millionaire Home Study Program
• 30+ Hours Of Joint Venture Training (worth $5,000)
• Audio CD and Video DVD Class Recordings
• JV Agreements (worth £10,000)
• JV Templates and JV Checklists
• Critiques Of Your JV Deals
34. HOW MUCH?
JV Millionaire Home Study Program
• Originally Students PAID $5,000 Each!
• SELLS £997 YOU PAY £497!
• OR 2 PAYMENTS OF £297!
• MAKE IT BACK WITH YOUR FIRST JV DEAL!