Million Dollar Advice for Service Professionals and the Self Employed
Million Dollar Advice for Service Professionals and the Self Employed
All professionals must have heard an ear full on networking so I am not going to talk about it. I am going to write on something more subtle that could mean an additional million in revenue to the business person who implements it.
I call it Reciprocal Ventureship
Broadly it is a way of doing mutually beneficial business deals with other professionals or business in a related but not competing field. I hope the definition is simple enough. I am going to leave your imagination to explore the possibilities.
Reciprocal Ventureship is a very creative and flexible thing. The most basic steps are;
a) Get one or two complementary businesses; eg a marketing consultant can enter into a reciprocal marketing venture with a commercial lawyer and his law firm.
b) Approach them with a mouth watering symbiotic deal. There are no limits to what you can come up with;
- Direct 200 persons to my business, I'll do the same for you
- Offer a commission for every referral
And so on
c) Seal the Deal
d) Repeat all over with more complementary business persons; Of course, you know you have to approach businesses with a sizeable volume of customers. A few of these deals will ensure you have much more business to handle than ever before.
I have revealed this idea so it can fertilise in your fertile mind. It's a new way to bond with other professionals and businessmen and create mutual profits. I write nothing more about it. See if you can use it to your great profit