Why Joint Ventures Convert 3x Higher Than Paid Ads - Charles Byrd | Marketing Minds #23

The Referral Party Strategy That's Changing Everything | Want us to scale your business? Apply: https://adoutreach.com/8z5z | Subscribe to the Podcast on Spotify: http://marketingmindspodcast.com/ | Check out Charles's work here:  https://charlesbyrd.comHey everyone! I'm beyond excited to share this conversation with Charles Byrd, and I had to start with the fact that he literally told me a billionaire is wiring him money today. That's the power of systematic joint ventures, and Charles is about to break down exactly how he makes this happen consistently.Charles comes from a Silicon Valley background and has applied that systems thinking to the world of joint ventures and partnerships. What I love about his approach is that it's not just about one-off deals - he's created a repeatable system that generates 12 to 20 referrals per week to million-dollar-plus businesses. Let me say that again - 12 to 20 referrals every single week.In this episode, we dive deep into Charles's Pure JV system, including his four main types of joint venture partnerships. Whether you're looking at presenting to other people's groups, setting up referral partnerships, doing broader promotions like webinars, or leveraging social JVs like podcast interviews, Charles breaks down exactly when and how to use each strategy.One of my favorite parts of this conversation is when Charles shares his systematic approach to networking at events. He's got this brilliant method he calls the "bird bump" where he uses technology to capture contacts, takes screenshots, sends immediate follow-up texts, and even takes selfies to remember conversations. It sounds simple, but the results speak for themselves.We also get into something called referral parties, which is probably one of the most actionable strategies you'll hear today. This is a way to systematically get connected to your ideal partners and clients by leveraging your existing network. Charles literally gets dozens of high-quality referrals every week using this method.What makes Charles different is that he leads with value first. Instead of asking what people can do for him, he's constantly making connections and introductions for others. This approach has led to incredible opportunities, including working with billion-dollar companies and landing that billionaire client he mentioned.We cover commission structures, how to approach different types of partnerships based on your product and audience size, and even how Charles is leveraging AI to streamline his processes. If you've been struggling with consistent lead generation or want to diversify beyond paid advertising, this episode is going to give you a complete roadmap.#JointVentures #Partnerships #BusinessGrowth #Networking #Referrals #BusinessStrategy #Marketing #Entrepreneurship #BusinessDevelopment #leadgeneration Aleric Heck helps Entrepreneurs & Business Owners use YouTube and Value-Drive Video to generate Leads & Sales through his Company AdOutreach. Subscribe to this channel & join our website to learn how you can use YouTube Video Ads and Organic Video to scale your business!Copyright 2025 AdOutreachSubject to Terms & Conditions: https://www.adoutreach.com/terms-and-...Results May Vary Disclaimer: http://adoutreach.com/disclaimerPrivacy Policy: http://adoutreach.com/privacy-policyChapters:00:00 Building Relationships and Networking Strategies10:16 Building Meaningful Connections at Events15:59 The PureJV System Explained20:51 Referral Parties: A Game-Changer31:10 Learning from Setbacks36:36 Leveraging AI for Business Growth