A "joint venture" is an arrangement in which a foreign company and a local firm invest together to create a local business, sharing ownership, control, and profits of the new company.
Some people want to do it all themselves; marketing, accounting, finance, and all the things it takes to create and market a business. Where will this lead you? The bottom of the mountain. Without a supporting cast a marketer and entrepreneur cannot get the job done.. unless it is online.. potentially.
A joint venture can help a new firm or existing one, reach the top of the mountain through an already publicly known company. Use resources you can't attain by letting someone else do it for you, at a small expense or even none. Use someone else's skill and image to get ahead, it's ethical.
The downfall is that if there are discrepancies in methods or policies between the firms or the Government tries to bog your shit down. That ain't gangstaa.
"When you're on you way to the top they cheer for you. When you reach the top of the mountain they want you to die" - Khaled
Wednesday, May 26, 2010
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