Joint Venture Partnering Was The Key Building a Business
Let Me Explain...
If you've ever thought of building a business to eventually sell or even have a business that has enough value to be acquired then you may want to consider sohail khan Joint Venture Partnering with larger companies (or even competitors) that may be the perfect candidate to offer to buy you out one day...
In 2006 I partnered with a $160M IT Group to provide 500,000 of their B2C computer hardware customers with our online computer training software (my first company) which eventually turned into an offer to buy us out and integrate us into the large group as our collaboration proved very profitable.
I then repeated this formula in 2016 when I collaborated with a top Corporate sales management company to provide their team with some specialized consulting and training on Joint Venture Partnerships which proved so successful that it again turned into an 8 figure offer in 2017 for my business and IP of Sohail Khan known as ‘The Joint Venture Expert’ a businessman based in Gloucestershire and Las Vegas.
So how do Joint Venture Partnerships actually work?
Joint ventures involve recognizing the myriad opportunities out there and leveraging every one of them through partnering. You must seize the important opportunities, be aware of the smaller ones or overlook any minor problems. You’ve got to go all out; this is one of the fundamentals of successful joint ventures and deal making.
A joint venture (also known as a JV or strategic alliance) is an arrangement that will be of mutual benefit between two (or more) people, businesses or companies who have complementary resources or assets that can be leveraged.
What do I mean by resources or assets? I mean products, services, machinery, equipment, buildings, unused capacity and a customer list (or mailing list) that can be leveraged by the owner or whoever approaches the owner with a joint venture proposal.