A joint venture is a strategic alliance where two or more parties, usually businesses, form a partnership to share markets, intellectual property, assets, knowledge, and, of course, profits. Source.

About a year or two ago I read an article that I would like to share with you now. (Sorry, I don’t recall now who it came from.)

This article will teach you 10 great tips and show you the power of doing joint ventures. Many believe hands down that JV’s are the easiest way to start profiting from your business.

Personally speaking I rarely use words like “easiest” as it sounds so hype-ish, but these 11 ideas are definitely worth learning and they’re things that pretty much anyone of you could accomplish!

1. Find someone in your target market that either publishes an ezine or has a website.

Viral marketing is a marketing phenomenon that facilitates and encourages people to pass along a marketing message voluntarily. Viral promotions may take the form of video clips, interactive Flash games, advergames, ebooks, brandable software, images, or even text messages. Source.

Got that? Excellent! It’s an easy to learn and VERY effective technique, that should be a part of every online marketers arsenal (offline marketing as well).

Replicating your promotions in this manner will bring you RSS subscriptions, newsletter sign-ups and sales for weeks, months and even years down the road!

The following is 8 effective and (somewhat) simple ideas with which to achieve this. There are many many more of course, which we will surely get to over time.

1. Purchase Branding Rights To An Existing Viral eBook.

A few years ago, Steve Yakim wrote a really good article on the 7 Common Mistakes For Online Business Startups and it is ALL still relevant today…

How many are you guilty of?

“It is said that before we learn how to run, we must first learn how to walk. And in the process of learning how to walk, we stumble from time to time.

No big deal, though. It’s part of the learning process. Experience, as many claim, is the best teacher, and experience entails some failures here and there.

In this light, it is not uncommon to see startup Internet business ventures making some mistakes of their own.

The sad part however, is that other business people actually capitalize on these mistakes to earn some profit for themselves at the expense of the novice online entrepreneur who would just be left bewildered by so many promises that are bound to be broken.