subject: Million Dollar Advice for Service Professionals and the Self Employed [print this page] 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