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Round Table | What Would it Take to Create A Joint Venture?
If you want to expand your business or reach, forming a joint venture is one of the best ways. The opportunity to create joint ventures is tremendously exciting. It gives you access to more resources and technical expertise that you do not currently have. However, creating a joint venture is a big decision, and the setup depends on what you are trying to accomplish. So what would it take to create a joint venture?
Tune in to this conversation with Russ and the Financial Freedom Coaches as they discuss the three critical points of a joint venture:
Four core ingredients to every deal
Know your partner
Creating a win-win in every deal
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6:10 - Why are we talking about joint ventures? Why is it important?
10:03 - What do you think is the most important of the four core ingredients of a deal?
15:06 - How do we protect ourselves, and how do we know our partner?
22:59 - How do we make it a win-win deal?
27:17 - With you bringing seven figures to the table, how do you appropriately value what is the money worth compared to what is the opportunity and the operations worth?
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