The Untapped Power Source; The Joint Venture Partnership (part 1)
Transfer of Authority
Hi Jeff Wellman here
I have been doing a lot of thinking lately about my business I have created.
I have been trying to decide what things have helped me the most to get to the point that
I am currantly at. and what things I need to really focus on to get to the next step. Of course
creating my own product was probably the best move I made. I really believe that you need
to create your own information product.
I actually am in process of creating my second product right now dealing with everything
I have learned to this point and where I am going, and the methods and tools I will be
using to get me there
The problem I am facing is that I am thinking I have to do this all myself. It is very
slow going.
I have to get rid of my mentality that I have to do this myself. I grew up thinking I always
had to do everything by myself. My thinking was that it was a sign of weakness to ask for
help. When you grow up with this mentality of thinking you find yourself hanging on to these
crazy WRONG ways of thinking and it is hard to change, but it was something that I to needed
change before I was able to go much farther.
When I first started layoff your boss. I had never done anything like it in my life.
I relied fully on the help of others to get things done. Yes I did the interviews, and
wrote the e-book. But I needed to come across as an expert on something that I
basically had no knowledge about. So how did I do this? I relied on others that
were Knowledgeable in the subject i was pursuing. I relied on Joint Venture partners.
I recently was listening to a very good marketer by the name of Matthew Glanfield
as he talked about the Idea of transfering Authority and credibility from the expert
to yourself. This is what I learned from what he had to say.
I was not the expert and I had no credibility in the eyes of the Internet Marketing world.
So I had to rely on the credibility and authority of others and have them transfer their
authority and trust over to me.
What am I saying her? OK let’s say you are on my son Keith’s list or Mike Filsaime’s list.
You trust them and respect them. When they recommend a product or service you go and
check it out just because of the authority and credibility they have earned. So When I came
on the scene I needed that same credibility and I need to be an authority on the product I had
just created.
Well every Joint Venture partner that I used helped me by transferring their authority to me.
When I interviewed my Joint Venture partner and was seen with them I became someone that
was credible. The more teleseminars I do with experts the more credible I become just through my
association with the expert. I am seen with those that have already gained the trust and
respect of their lists and their list starts to see me as someone that has some credibility and authority.
When my JV partners promoted my product to their list it was an endorsement from them. They
were telling their list that this is a product that will help you and this guy is someone that you can
trust. You believe him just because he is someone that you feel is a credible person and is an authority.
He has just transferred authority to me and made me have some credibility in your eyes. They did this
by just asking you to trust them in trusting me.
There is such power in a good Joint Venture partner when it is used correctly. or even used at all.
I have sat and wondered just how I would have gotten to the point I am at now, and How I will make it
farther Without The Power of A Joint Venture Partner.
I can tell you that I know for sure, It would be a great struggle if I was able to make it at all.
Here is an assignment for you to do, or a challenge how ever you want to look at it.
Whatever your niche or business direction is headed. Find an expert in the field and Do an interview.
Make sure it is recorded. You can do this by signing up for a free account at
http://www.highspeedconferencing.com
This will give you a conference line to interview your expert
and record your call, and have it downloaded.
Where can you find your expert?
Just do a Google search for your Niche topic and start contacting the site owners, and let
them know you would like to do an interview with them. Let them know your reason
for the interview and Lethem know you feel that they are an expert and that you feel
that others can learn from whathey have say. Basically make them feel really good.
Some good things will start happening for you by doing this.
You will start to become and expert by association.
You will have content to use as a product
You will start the process of having authority transferred to you.
By the way don’t be timid and feel like you can’t do the interview,
You can!
Make it a SUCCESSFUL day!
Thank You Matthew GLanfield for your words of wisdom
I hope that they will now be helpful to someone else as they
were for me
















August 3rd, 2007 at 7:19 pm
Its a trend that I have noticed.
The most successful marketers do conferences calls, webinars, interveiws, etc.
Its a great way of providing good value to the customer and at the same time “selling” your products.
Win/win .
Its about time I started doing this.
Thanks for the conference call link
Koorosh
August 3rd, 2007 at 7:53 pm
Jeff,
Thanks for the link to recording interviews.
I am on your list and read your last email asking for suggestions for your Friday newsletter. Why do you end it out n a “no reply” address? Just curious.
A good name could be The TGIF by JEFF
Cheers
August 3rd, 2007 at 8:08 pm
Hey Jeff, great info. For sure that is the way to explode a business is with JVs. They swing the power and have the expertise.
Here are a few ideas for your newsletters name. Why not something like, ” The IM Idea Well” or ” The Internet Marketers Well”, or “Jeff’s Well” something along those lines.
Here’s why. Your last name, and you are trying to brand it, is Wellman. There are now two Wellman’s in the industry and you want to distinguish yourself.
Also, how about something like this for a sub headline. “All the IM nutrients you’ll ever need are at the bottom of the “Title”. I’ll help you filter your way profitable “IM Health”.
Just some ideas off the top of my head that you can play around with.
Looking forward to your next edition.
Richard.
August 3rd, 2007 at 8:55 pm
Thanks for the link,
It goes without saying that my initial reaction was: “What other Expert!”
There is only ONE ‘HP’s Happy Blogspot Expert’, and indeed an interview with myself might be an interesting idea. A process that might actually lead to
even more Selfknowledge.
But rather than to hear ‘Feedback’ from myself I rather like to hear it from others,
and guess what…, You can leave ‘Comments’ on my site, can Shout in my ‘Shout Box’, you can cast your Vote in the ‘Poll’, do the ‘Survey’ (Surveymonkey) or write in my ‘Guestbook’.
So, Kim Harrison, Koorosh Vahabi and Jeff Wellman I would be honoured to have you all as my guests, and to receive your Expert Replies from your own fields of Expertise. (I even have a ‘Live ChatBox’ on my blog, If you all happen to visit
at the same time. :))
All the Best,
HPvD.
August 3rd, 2007 at 11:01 pm
Hi Jeff:
I look forward to hearing from you on a weekly basis - looking forward to what you have in store for us is becoming a habit.
I have a great name for your Friday newsletter, but don’t want to display it here, for fear someone else would see it first and buy the domain before you have had a chance to think about it.
If you will email me at the address shown with this comment entry, I will give it to you, then if you like it, I would advise that you go to your favorite registrar and purchase the domain immediately.
Keep um comin Jeff. Who knows - maybe one day soon, one of us could be asking to interview you.
Your loyal supporter.
August 4th, 2007 at 2:07 am
I really love the comments.
Keep the names coming for the newsletter.
I am looking forward to where we are all heading together
with this.
Make it a Successful Day!
Jeff
August 21st, 2007 at 7:19 am
Hi Jeff. You are an amazing man. In the short time you have been on the net yuou have made a difference in so many lives including mine. For the better I might add. In recent months I have had to look to myself and ask questions I was reluctant to answer like “Do you really want to be a Marketer or Do you really have what it takes to be a Marketer and finally why are you continually flogging a dead horse?” My answers? No, No, because I believe that is the way to fund the flight of the refugees in the coming months the return of the Lost Ten Tribes to the New Holy Land, AUSTRALIA. Well I tried and it didn’t work. Obviously God was not in it. Since I decided to let Marketering go for the time being, God has honoured my decision by opening a new door for me. I cannot tell you right nowcwhat it is suffice it to say I don’t have to make it happen its all happening for me. I agree joint venturing is a ‘cool’ way to go. I’m all for it. Go for it, I look forward to writing articles for your Newslettere. Love from the hearet where God abides, Shirley
August 25th, 2007 at 4:07 pm
Hi Jeff! Jusat checking in with you, at the moment TrevOR AND I are editing one of my manuscripts ready for publication. It is a time consuming job but has to be done. Also I am adding new chapters to my latest novel which is a sequal tomy previous attempt but unrelated to my first attempt which promises to be a bobby dazzler. I get a kick out of story writing, it’s fun and
August 25th, 2007 at 4:25 pm
I thoroughly enjoy doing it. I am a published author of poetry and well sought after for my work from reputable publishers. I feel Imhave found my niche in writing and will be concentrating all my efforts in this area from now on. To date I have written 300 songs (all with Biblical content quickened to my spirit by Almighty God), two plus fiction novelsd. The first, 35000 words about a young girl who was born on the Lady Penryn, one of the first fleet to brave the high seas in a little matchbox ship from England to Australia in 1770. The story brings vividly alive the trials and tribulations of early ground breaking colony of the convicts and early settlers to Botony Bay also known in the early part as Sydney Cove and New South Wales. My next attempt is set in the future during the last days before the Return of Christ 90000 words followed by a sequel whic I am currently writing. Trevor plays a major part in my creativity, helping with the typing and editing ready for printing. I also have it in mind to publish my own book of poetry having accumulated 80 poems over the past thirty years. I also have finally accepted the fact that I am not Marketeer material. I am a writer and that’s the end of it. Shirley
September 1st, 2007 at 5:11 pm
Hi Jeff! I have been busy the last few days preparing my book for publication. Needless to say I am over the moon with excitement Trevor has been a great help with the typing and editing as I suffer with Arthritus and am a one finger typist. I am now in the throughs of writing my third book which is a sequal to my second novel which I hope to have published following the publication of my first novel. I have also been approached to writea book of poetry for publication and this is just wonderful as I have 80 poems I have written over the past 30 years. Now all I have to do is to have my 300+ songs published and made available on the web.ASny help on offer for this project would be gratefully received. You may spread the word if you so will and I thank you kindly for your belief in me and your unwavering support. Shirley