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JV and Grow Rich


To illustrate the concept of arranging simple joint ventures that can lead to exciting new business opportunities, I am including a short story and correspondence that led me down a grand path to a very successful deal that involves one of the most successful personal and financial achievement books ever written, not to mention partnering with a living legend.

To start things off, in early July of 2002 I read "Think and Grow Rich" by Napoleon Hill for the first time in my 36 years of existence on this spinning orb of madness. I have read many personal achievement books, but this one was different, I mean WAY different.

I had always heard this was a must read, but I thought since it was old (1st Printing 1937) that it was also out of date and not applicable to the world as it is today. How wrong I was. After reading the first few chapters, things started to become crystal clear, things that had been at best, hazy and out of focus only days earlier -- All of a sudden, I started to see how things were supposed to be done, how life should be lived and at long last, how continued success could be captured.

This all may sound very melodramatic, but I swear that it is true.

I had thought for many years about getting into the publishing business, but had never seriously considered it due to the fact there was so much risk involved due to all of the hard costs involved with standard publishing.

I had read about how some people on the Internet were making a lot of money publishing eBooks. At the time, I didn't feel I had the time to write my own, so I thought that "Think and Grow Rich" would be an excellent choice as it was very popular since it was written and it hadn't been converted into eBook form as far as I could tell. I could spread the word about a book that helped change my life for the better and get paid for it! Doesn't get much better than that.

I looked at the publisher's name (Fawcett Books) in my copy of the paper-back version that I had. I recall inquiring about getting the rights to another book a year or so previous, so I knew better than go the large publishers. They always want some rediculuos of money to license their books, even if they are not doing well or out of print. Around $4,000.00 or so in upfront royalties.

I knew that I have to go another route, so I searched on Amazon for another publisher and noticed a familiar name. A name that I had actually sent checks to in my younger years. A name that was synonymous with big-time mail order publishing. Someone who had sold millions of books, but decided to stay independent because he love the business. His name is Melvin Powers of the famed Wilshire Book Company.

I sent an email on 7-25-02 to Melvin Powers who is the owner of Wilshire Book Company. By 8-2-02, Melvin responded by asking me to "come" to his office 1:00pm. His misunderstood me and I called him around 1:00pm. By 2:00pm, we had a verbal agreement on what the simple terms of the deal were for exclusive rights to his library of titles. By 8-3-02 the 1st and 2nd drafts of the (1) page agreement between us was complete.

Poof! I was instantly in the highly respected publishing business with one of the top names in the industry. Wow, how cool is that?

What did we talk about for the hour we were on the phone you ask? I had a short list of questions that he answered masterfully. We discussed many things, but the bottom line of all of this is..."Don't be afraid to ask for what you want" You may just be surprised at what you can accomplish.

I simply asked Melvin if he was interested in working with me and he said "YES". Anyone could have approached Melvin (many have), but I did it in a relaxed and enthusiastic way that Melvin could read over the phone I suppose. We launched the book on 9-20-02 and have been doing quite well with it and are in the process of converting his other books.

That's pretting much it. Remember, all you have to do is ASK. The worst that someone can say is no. Shrug it off and go to the next person. It's really not personal.

Here are the 2 email correspondences Melvin and I had, before we talked on the phone.

============================================

Message #1

Subject: Your publishing business?


Date: Thu, 25 Jul 2002 18:12:52 -0700


From: Rod Beckwith


Organization: MrJV.com


To: Melvin Powers

Dear Melvin,

We have corresonded in the past & your advice was very sound. I really like your Mail Order Millionaire program...I just wish I had picked up "Think & Grow Rich" when I first listened to your program over a year ago. I just read it about 2 weeks ago & have been hopping ever since. --OMG you have the "Laws of Success" by Napoleon Hill. I was wondering what happened to this, nobody ever talks about it.

I am interested in discussing converting some of your books into ebooks as I think they could get a second birth on the net. I just hate waiting for something in the mail anymore that could just as easily be delivered on the net. Is there any way we could talk about setup some kind of pilot program to test this theory.

Let me know if you are interested.

Sincerely,

Rod

--

Rod Beckwith


[email protected]


http://www.mrjv.com


http://www.diveinn.net

Message #2

Subject: Re: Your publishing business?


Date: Fri, 02 Aug 2002 10:45:14 -0700


From: Melvin Powers


To: Rod Beckwith >

Dear Rod,

I'll in my office today after one o'clock. Call me first before coming in.

I'll be pleased to see you.

Melvin

------------------------------

Copyright 2004 Rod Beckwith


Rod Beckwith


JV Expert, Publisher and Inventor


http://www.secretsofthejvmasters.com

About The Author

Rod is a well known and respected Joint Venture Expert, Inventor & Publisher. Rod can be contacted via email. I like to help put people together to do whatever ethical type of business that they would like to transact. See http://www.mrjv.com/


Todays News by officejax surplus outletMORE AFFILIATE REVENUE RESOURCES updated Thu. May / 06 / 2021

ViacomCBS Adds 6M Global Streaming Subs in Quarter, Driven by Paramount+, to Reach 36M - Hollywood Reporter
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  2. ViacomCBS (VIAC) Q1 Earnings Top Estimates, Revenues Rise Y/Y  Yahoo Finance
  3. ViacomCBS Just Reported Strong Earnings. Here Are the Numbers to Know.  Barron's
  4. ViacomCBS Adds 6M Streaming Subs In Q1, Streaming Ad Revenue Up 62% YoY 05/06/2021  MediaPost Communications
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Bojoko urges fairness as report uncovers affiliate revenue share as low as 8%  iGaming Business

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CARS Reports First Quarter 2021 Results | National News | kpvi.com  KPVI News 6

With Its Curated Affiliate Program, Vice Prioritizes Identity Over Profit - Adweek
With Its Curated Affiliate Program, Vice Prioritizes Identity Over Profit  Adweek

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Better Collective buys Action Network for $240 million in a bid - Awful Announcing
Better Collective buys Action Network for $240 million in a bid  Awful Announcing

Owner for fitness location at Herndon's Worldgate files for bankruptcy - Washington Business Journal - Washington Business Journal
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Publishers and Commerce 2021 - Insider Intelligence Trends, Forecasts & Statistics  eMarketer

Vice is finally entering the affiliate space, but is drawing a firm line between edit and commerce - Digiday
Vice is finally entering the affiliate space, but is drawing a firm line between edit and commerce  Digiday

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Trump Launches Online 'Communications' Site Day Before Facebook Ban Decision 05/05/2021  MediaPost Communications

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Southern Cross and Network 10 affiliate deal 'proceeding well'  The Australian Financial Review

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How content publishers can leverage the affiliate channel  Business Insider

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TEGNA Names Elliott Moore President and General Manager at KYTX in Tyler, Texas - Business Wire
TEGNA Names Elliott Moore President and General Manager at KYTX in Tyler, Texas  Business Wire

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Nu Skin Enterprises Inc (NUS) Q1 2021 Earnings Call Transcript  Motley Fool

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The Strange, Soothing World of Instagram’s Computer-Generated Interiors  The New Yorker

MDC Adds LATAM Affiliates 05/03/2021 - MediaPost Communications
MDC Adds LATAM Affiliates 05/03/2021  MediaPost Communications

Affiliated Managers : Company reports EPS of $3.41, Economic EPS of $4.28 in first quarter of 2021 - marketscreener.com
Affiliated Managers : Company reports EPS of $3.41, Economic EPS of $4.28 in first quarter of 2021  marketscreener.com

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Affiliated Managers Group (AMG) Q1 2021 Earnings Call Transcript  The Motley Fool

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OANDA launches Affiliates Programme: Up to $600 per trader from emerging markets  FinanceFeeds

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GiG Q1 revenue grows 64% thanks to record media returns  iGaming Business

Bojoko Asserts 'Contractual Security A Must' In Study On Fees Applied To Affiliates - Inkedin
Bojoko Asserts 'Contractual Security A Must' In Study On Fees Applied To Affiliates  Inkedin

Minor League Baseball forced to find new revenue streams amid COVID-19 pandemic - The Augusta Chronicle
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REE & Toyota affiliate Hino teaming up to develop EVs  Yahoo Finance

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Bay Area students to face verdict in Italian officer's death  Yahoo News

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Affiliate Market Size Analysis Grow with Significant CAGR by 2028 | Key Organizations – Amazon, Tradedoubler, Alibaba, Rakuten, AWIN, EBay, etc – Clark County Blog - Clark County Blog
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Amyris, Inc. Reports First Quarter 2021 Financial Results | 2021-05-06 | Press Releases - Stockhouse
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GGPoker Cuts Off Vanessa Kade Affiliate Revenue Over Anti-Bilzerian Stance - PokerTube
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First Ever Affiliate Marketing Guide For Marketers Now Available - GlobeNewswire
First Ever Affiliate Marketing Guide For Marketers Now Available  GlobeNewswire

Amazon slashes commission rates for program that gives publishers a cut of sales - CNBC
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Fox's revenue rises on advertising, affiliate fees - MarketWatch
Fox's revenue rises on advertising, affiliate fees  MarketWatch

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Airbnb ends affiliate program as it ramps up host recruitment marketing campaign - CNBC
Airbnb ends affiliate program as it ramps up host recruitment marketing campaign  CNBC

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Affiliate marketing: How publishers earned in the pandemic  Press Gazette

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Beyond the boom and bust cycle: How The Sun grew and stabilized its e-commerce revenue haul  Digiday

ViacomCBS Reports Q3 2020 Earnings Results - Business Wire
ViacomCBS Reports Q3 2020 Earnings Results  Business Wire

We Are Living In An Affiliate World - Forbes
We Are Living In An Affiliate World  Forbes

BuzzFeed Starts Selling Products Directly to Consumers - The Wall Street Journal
BuzzFeed Starts Selling Products Directly to Consumers  The Wall Street Journal

How 2020 Will Shape Future Affiliate Growth - PerformanceIN
How 2020 Will Shape Future Affiliate Growth  PerformanceIN

As Amazon soars during the pandemic, publishers that rely on it now feel left behind - CNBC
As Amazon soars during the pandemic, publishers that rely on it now feel left behind  CNBC

ViacomCBS Reports Q4 and Full Year 2020 Earnings Results - Business Wire
ViacomCBS Reports Q4 and Full Year 2020 Earnings Results  Business Wire

ViacomCBS' Q4 Gets Boost From Streamer Ads, Overall Revenue Hits $3.5 Billion 02/25/2021 - MediaPost Communications
ViacomCBS' Q4 Gets Boost From Streamer Ads, Overall Revenue Hits $3.5 Billion 02/25/2021  MediaPost Communications

Better Collective Q3 revenue up as non-affiliate income offsets low margins - iGaming Business
Better Collective Q3 revenue up as non-affiliate income offsets low margins  iGaming Business

Fox Corp. Tops Wall Street Estimates, But Fiscal Q1 Revenue Rises Just 2% In Tough Climate - Deadline
Fox Corp. Tops Wall Street Estimates, But Fiscal Q1 Revenue Rises Just 2% In Tough Climate  Deadline

‘Marketing at maximum intensity’: Publishers ready for rocketing ad spending from streamers in 2021 - Digiday
‘Marketing at maximum intensity’: Publishers ready for rocketing ad spending from streamers in 2021  Digiday

How Affiliate Marketing Can Boost Your Tech Startup's Revenue - Forbes
How Affiliate Marketing Can Boost Your Tech Startup's Revenue  Forbes

M&A activity leads to revenue and profit growth at Better Collective - iGaming Business
M&A activity leads to revenue and profit growth at Better Collective  iGaming Business

As Amazon Slashes Affiliate Referral Rates, Publishers Consider Alternatives - Forbes
As Amazon Slashes Affiliate Referral Rates, Publishers Consider Alternatives  Forbes

The 25 Best Affiliate Marketing Companies in 2019 - Small Business Trends
The 25 Best Affiliate Marketing Companies in 2019  Small Business Trends

Spared for now, large publishers live in fear of Amazon commission cuts - Digiday
Spared for now, large publishers live in fear of Amazon commission cuts  Digiday

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How businesses can use affiliate marketing to boost revenue generation  ZDNet

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Connexity Buys Skimlinks, Adding An Affiliate Network To Its Retail Marketing Toolkit  AdExchanger

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Bookshop, a new startup, is offering publications bigger kickbacks than Amazon (and the thrill of battling Bezos) - Nieman Journalism Lab at Harvard
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25 Ways To Earn $100 Every Day Online  Forbes

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FOX Reports First Quarter Fiscal 2021 Revenues Of $2.72 Billion  PRNewswire

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ViacomCBS Gets Past Wall Street Q3 Estimates, But COVID-Hit Revenue Slips 9%  Deadline

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Why Affiliate Marketers Need Ad Tracking Innovation Now  MarTech Series

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The Pros and Cons of Using Affiliate Marketing to Boost Sales  ABCmoney.co.uk

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J.Crew Pulled Its Affiliate Marketing Program, But It Could Backfire  Morning Brew

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