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Monday, September 6, 2010
Got a Business Idea ?
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A recent study says that one out of hundred people come out with their own idea of starting a business. Having an idea in mind doesn't fetch them anything. Action is what they need to turn paper idea into a profitable one.
Here is where many idea carriers (budding entrepreneurs !!!) fails. Whatever may be their effort, failure awaits to greet them at every possible move. Beware failure may also be in disguise. Certainly, all matured or successful entrepreneurs knows how hard it is to keep driving forward against adversity especially like the current one ( recession ). No idea alone will fetch u money, rather it is important to have hands-on experience to turn odds into favours.
How about your idea + an idea of joint venture ? Or
How about a Technology Finance (Venture Capitalist) ?
Yes Joint Ventures (JV) is the best route for success. As this will act as catalyst to a business by getting the necessary fuel (cash) flowing in. And setting a JV does not even require financial outlay on entrepreneurs part either.
Wondering what a JV partner would bring in to your business?
Here u go, they could bring in expertise, which obviously every business needs. And their customers, access to their markets both domestic and foreign markets if so, manpower etc...
Finding JV Partners :
Historically, to locate JV partners, one must advertise their requirements and hold personal sessions to find the right candidate who correlates needs and business ethos.
It was then, this is Nau...
Today, it is made easy, JV search companies get entrepreneurs a quick and better access to JV partners.
This search facilities help to screen prospect, and their requirements. Thus this removes hassles and associated stress. Hence you can concentrate in taking your business to next level. A Right Venture partner could even run your business operation for you in return for PROFIT-SHARING.
Technology Finance, as it created breakthrough in electronic and other tech related start ups. Venture Capital is a cakewalk for high-potential ideas.
They can be compensated by managing fees and ofcourse interest.
Most successful firms of today's are product of venture capital.
So if you have a business idea on paper and ready for action to make it into profit, no matter whatever odds comes in your way, go for your JV partner or VC, search and find one to see yourself on the track of success. There are endless possibilities.
This post was written by: Damy Martyn
Damy Martyn is a professional blogger and Copy Writer. Follow him on Twitter
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