A joint venture (JV) is when two or more people work together on a mutually beneficial project to earn extra money online.  It’s a kind of “I’ll scratch your back if you scratch mine” arrangement where you agree to do something that benefits someone else and in return they do something to benefit you.

JVs are a powerful way of building traffic to your own site by leveraging the work and assets of others to your benefit. They are also a great way to build professional relationships that
can last for years. If you have a website and are looking to earn extra money from your site, you will probably be able to find someone else in your position looking for the same things. Team work has always been a huge advantage when trying to accomplish a goal like earning extra money online.

Let’s brainstorm some ways you can use JVs to get more traffic to your site.

1. If you have a mailing list, you could agree to send out an email promoting another website in exchange for the site’s owner doing the same for you.  You could reach a whole new audience that has never heard of you before.

2. You could trade content. You write a series of articles to be posted on another website (with a link back to your own site), and you post their articles on your site. This is a great way to get more traffic and ultimately earn extra money from your site.

3. Create a joint blog or website.  If you’re a great writer but you’re no good with graphics and you know someone who is just the opposite, work together to put your best skills to work for both of you.  Include links to both of your own websites so you can both share in the traffic generated by the shared site.

4. Create a community blog where several others have the ability to post. Each author can have his own column and links back to his own sites.

5. Let another website owner interview you and post it on her site. She’ll be getting unique content to add to her site, and you’ll be gaining valuable exposure and building your reputation as an expert and giving yourself an opportunity to earn extra money from home.

JVs are only limited by your own imagination. Be creative.

How do I find partners to JV with?

I recommend starting small with someone you know and trust. Promoting to each other’s lists is a great way to start with little financial risk. The IPC Program may be a perfect business to get started with.

If all goes smoothly you can look for a bigger project to work on together.  Just make sure you both agree on what is expected of each party and you stick to your end of the agreement. JVs are as much about building relationships as anything else.

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