The Super Books of Jay Abraham
The Super Books of Jay Abraham
The Super Books of Jay Abraham
Joint Ventures:
From Mediocrity to
Millions
Jay Abraham’s Insider’s Guide to
Engineering Highly Successful Joint
Ventures, Strategic Alliances, Partnerships
and Other Lucrative Host-Beneficiary
Relationships
© 2005 The Abraham Group, Inc. --- All Rights Reserved
(This product is provided under license to the purchaser. This
product and material it contains may not be copied, modified,
re-sold, licensed, assigned, offered as a bonus or auctioned
without the prior written consent of The Abraham Group, Inc.)
To Contact The Abraham Group, Inc:
To find out more about Jay Abraham’s products and programs, visit:
http://www.abraham.com.
Joint Ventures: From Mediocrity to Millions
Table Of Contents
FOREWORD BY JAY L. ABRAHAM .................................................................................... 8
YOUR JOINT VENTURE DEAL-MAKING “JUMPSTART” ........................................................................ 8
SECTION ONE: MAKING THE CASE FOR JOINT VENTURES.......................................... 16
CHAPTER ONE: A LIFE-CHANGING SECRET.................................................................................... 16
“The Case Of The Missing Boxers” Saves YOU From Joint Venture Blunders ..................... 17
What Does Tom Sawyer Know That You Don’t?.................................................................... 18
What Is A Joint Venture? (The Answer Is Deceptively Simple, Yet Unbelievably Powerful!) 19
CHAPTER TWO: THE INCREDIBLE VALUE OF JOINT VENTURES ........................................................ 21
The “C” Word - How It Can Annihilate Your Efforts ................................................................ 21
Why Joint Ventures Are Bumping Mergers As Your Best Strategy........................................ 22
You Can’t Argue With Success: The JV Stats YOU Should Know......................................... 23
CHAPTER THREE: THE WORLD AT YOUR DOORSTEP...................................................................... 25
Why JVs Are The Ultimate Tactical Lever .............................................................................. 26
Harness The Power of “O.P.M.” - Other People’s Money ...................................................... 26
How To Make Your Joint Ventures Deliver A Ton Of “Cluck For The Buck”......................... 27
How You Can Build Your Own JV Empire.............................................................................. 27
11 Ways Joint Ventures Make YOU The Big Winner ............................................................. 28
44 Additional Reasons Why Joint Ventures Can Make You A Small -- Or A HUGE -- Fortune30
The Many JV Perks That Can Be YOURS (And Slippers Are Only One!) ............................. 33
A “Candy Store” Of Resources Awaits You............................................................................ 34
CHAPTER FOUR: WELCOME TO MY WORLD… WAYS TO USE JOINT VENTURES .............................. 36
Turn Unused Assets Into Your Windfall.................................................................................. 38
Mega-Successes Want To Share Their Secret With YOU!.................................................... 38
How You, Too, Can Pull Rabbits From A Hat......................................................................... 40
A Cornucopia Of Opportunity Is Yours For The Taking.......................................................... 42
SECTION THREE: THE “HOW TO’S” OF JOINT VENTURE PRESENTATIONS .............. 134
CHAPTER SIXTEEN: TARGETING PROSPECTS ............................................................................... 135
How To Know When To Enlist The Competition .................................................................. 135
When To Target The Big (And Not-So Big) Fish… And How To Know The Difference....... 136
Opening The Dialogue 101 - Your Wealth-Building Primer.................................................. 137
Why Your Communications Should Literally DROWN In Confidence.................................. 137
How To Capture The Perfect Tone For Your Proposals ...................................................... 138
How To Know When To “Play Your Ace” ............................................................................. 139
Why Personal Contact Is Absolutely Indispensable............................................................. 139
“It’s All About Them” - Words You MUST Live By ................................................................ 140
How To Reach The Finish Line… One Step At A Time ....................................................... 142
How To SUPER-GLUE Your Prospects To YOUR Goals.................................................... 143
A Simple Test Could Reveal This Classic Win/Win….......................................................... 147
CHAPTER SEVENTEEN: WHY DO GOOD IDEAS BITE THE DUST?.................................................... 148
How To Keep Your Prospect’s Foot OFF The Brakes ........................................................ 149
What To Do If Your Proposal Is STILL Refused................................................................... 151
How To Eliminate The Risk For Your Prospect And Smooth Your Path To “Yes!”.............. 152
How To Keep The Deal Moving............................................................................................ 153
CHAPTER EIGHTEEN: THE MOST COMMON MISTAKES JV BEGINNERS MAKE.................................. 157
Common Mistake #1: Dwelling Too Much on the Theory..................................................... 157
Common Mistake #2: Not Knowing How to Communicate................................................... 157
Common Mistake #3: Biting Off More Than You Can Chew................................................ 164
What A Crash Course For An “Olympic Hopeful” Can Teach YOU ..................................... 165
Why Mentorships Can Be INVALUABLE.............................................................................. 167
How Overextending Your Capabilities Send You Into A Tailspin......................................... 171
Why I’m Happy To Tell YOU… “Yes, Even I Make Mistakes!”............................................. 175
What To Do If Your Joint Venture Falls Flat ......................................................................... 178
How To Make Progressive Communications YOUR Key To The JV Kingdom.................... 179
Put The Awesome Power of Collaboration To Work FOR YOU........................................... 181
Case Studies Put Experience Under YOUR Microscope..................................................... 181
Discover These Four Keys to YOUR JV Success................................................................ 183
“You Only Have Two Hands…” And How That CAN’T Hurt You! ........................................ 183
Make The Sky YOUR Limit................................................................................................... 184
What The “Jay Abraham School of Franchising” Has To Teach YOU................................. 184
How The JV Mindset Unleashes Your JV Empire ................................................................ 185
How Many Small Victories Will Balloon Your Joint Venture Success .................................. 186
SECTION FOUR: REACH FOR THE STARS.................................................................... 188
CHAPTER NINETEEN: MY RECOMMENDATION TO YOU .................................................................. 189
How Reverence For Your Contribution (Or Lack Thereof) Will Make Or Break Your Deal . 190
How To Stay On The RIGHT Side Of A Very Fine Line… ................................................... 192
CHAPTER TWENTY: THE STRATEGY OF PREEMINENCE ................................................................. 195
Why You MUST Know The Difference Between Giving Information And Giving Advice ..... 196
Why It’s YOUR Job To Help Provide Focus ......................................................................... 196
Your Essential Success Secret: People Buy For Emotional Benefit .................................... 199
Six Critical Questions to Ask Before You Do ANY Promotion.............................................. 200
12 Words That Will Change Your Life Forever:.................................................................... 200
Why You MUST Sell End Result, Not Steps to Get There ................................................... 201
Why “Show Me” Is More Powerful Than “Tell Me”................................................................ 202
Ways To Put Massive Success Within Your Prospects’ -- AND YOUR -- Grasp................ 202
Why You MUST ALWAYS Make The Customer The Center of Attention........................... 202
SECTION FIVE: YOUR JV “PEP TALK” (OR, “THE MOST VALUABLE PEP TALK YOU’LL
EVER RECEIVE”) ........................................................................................................... 204
The Curious Observation That May Change Your ENTIRE Outlook ................................... 205
How Accepting Mediocrity Is KILLING Your Future ............................................................. 205
Principle #1: There Are No Rules ........................................................................................ 205
What Are Your Rules? (Your Own Answer May Surprise YOU!) ......................................... 209
Principle #2: Waking Up From Cultural Hypnosis And Mental Myopia. .............................. 209
How Looking Out Windows, Not In Mirrors Will Change Your Life ...................................... 210
Principle #3: It’s Easier To Make Large Leaps Than Little Steps......................................... 211
Principle #4: Knowing How And Where To Invest Your Time ............................................. 212
Principle #5: Stepping Outside Of Your Box........................................................................ 213
Principle #6: Turning Obstacles Into Opportunities ............................................................. 214
Principle #7: Creative Emulation.......................................................................................... 216
The Five Critical Factors Of Passion That Will Open Your Eyes ......................................... 220
The Entrepreneurial Mindset’s Twelve Elements - Why You Should Make Them Yours .... 225
Are You A Charity? ............................................................................................................... 232
What You Can Learn From The FedEx Model ..................................................................... 233
Learn The Secret To My Own Success - The ONLY Three Ways To Grow A Business..... 239
Your Most Revealing Question Are You Limiting Yourself? ................................................. 244
How The Power Of Relationships Builds Momentum FOR You........................................... 245
Everyone Can Use A Push: How To Ensure That Others Are Furthering YOUR Goals .... 248
Eight Power Principles That Will Guarantee Your JV Success............................................ 251
The Eternal Value of Integrity: How It Focus Your Entire World .......................................... 257
The Essential Keys To Having A Good Reputation Deal With A Couple Of Issues:.......... 260
YOU Can Choose Your World.............................................................................................. 261
SECTION SIX: YOUR JV ASSET INVENTORY ............................................................... 263
Let’s Define An Asset…........................................................................................................ 263
Your Skills List: The List That Will Open Your Eyes............................................................. 266
Your Knowledge List: YOU Are A Valuable Resource ......................................................... 268
Your Relationship List: A List That Will Multiply Your JV Power .......................................... 270
Your Greatest Opportunity Is… (The Answer Will Surprise You!)........................................ 271
How To Reframe Your World To Create Massive Success ................................................. 273
SECTION SEVEN: THE PERFECT JV FIT....................................................................... 274
CHAPTER TWENTY-ONE: SCENARIO #1: BUSINESS OWNERS ........................................................ 276
CHAPTER TWENTY-TWO: SCENARIO #2: FOR EMPLOYEES............................................................ 307
CHAPTER TWENTY-THREE: SCENARIO #3: MIDDLE-PERSON ......................................................... 333
BONUS/APPENDIX A: JOINT VENTURE DEAL MAKING PROPOSAL LETTERS........... 388
BONUS/APPENDIX B: JOINT VENTURE STRATEGY CONSULTATION TRANSCRIPT .. 418
“How To Think Like A
Marketing Genius"
By Jay Abraham
© 2005 The Abraham Group, Inc. - All Rights Reserved
This material may not be modified, re-sold, licensed,
assigned, offered as a bonus or auctioned without the prior
written consent of The Abraham Group, Inc.
To Contact The Abraham Group, Inc:
By Jay Abraham
© 2005 The Abraham Group, Inc. - All Rights Reserved
This material may not be modified, re-sold, licensed,
assigned, offered as a bonus or auctioned without the prior
written consent of The Abraham Group, Inc.
By Jay Abraham
© 2005 The Abraham Group, Inc. - All Rights Reserved
This material may not be modified, re-sold, licensed,
assigned, offered as a bonus or auctioned without the prior
written consent of The Abraham Group, Inc.
Chapter Four: Offer Special Events for Customers and Prospects ..........403
Run Special Events (“Closed door” sales, preferred customer offers) 403
Using Special Events to Bring in First Time Buyers 403
Special Events Can Serve Many Purposes 404
Consider Having A Ongoing Series of Special Events 405
Using Special Events for Existing Customer Base 405
Using the Media to Attract People to Your Special Event 406
Make Special Offers for Existing Customers 407
Special Events for Preferred Customers 408
Using Special Events to Move Products 409
Special Events to Make Customers Feel Special 410
Offer “Preferred Customer” Discounts 410
Keys to a Successful Special Event 411
Examples and Ideas for Special Events 412
The Best Programs Recognizing the Customer as Someone Special 436
A Conversation with Fran Tarkenton 438
Set Yourself Apart From Competitors 439
A Conversation with Chet Holmes 440