The Oxford English dictionary didn't give me a definition of a joint venture so I'll say this: A Joint Venture is when two or more individuals, businesses or corporate entities co-operate in a profit-seeking enterprise, according to written and agreed upon rules for distribution of the profits.

Joint ventures have been behind nearly all outrageously successful business undertakings, because each partner brings unique knowledge, expertise, skills and financial capital to contribute to the whole operation. The whole grows and evolves, quickly becoming larger than the sum of the parts.

Every participant then stands to gain more from the whole business operation than he/she would have gained if working alone. It stands to reason. You cannot do everything and you need specialization, such as graphic design, web programming, marketing and copy writing, finance and administration, etc. These are examples of roles within an Internet marketing business.

Over the last three or four years, a highly popular form of Internet marketing joint venture has emerged and absolutely blossomed: the JV Giveaway Event. What exactly is it? A JV Giveaway is when hundreds of contributors supply downloadable gifts such as ebooks, software programs, audio or video training courses, membership sites, etc., in return for you signing up to their mailing lists. It is a method for Internet marketers to build a mailing list with, very rapidly. Typically, there are about 200 to 300 contributors per giveaway event, and maybe ten or twenty thousand members who download the gifts.

Recently a change, an evolution or a revolution has occurred where the joint venture giveaway operator has added extra streams of income into the mix. He has programmed an emailing system that sends out a batch of emails 8 times a month. These emails will carry the affiliate links of the gift contributors. They'll also earn income from upgrades of referred contributors and members within the JV giveaway, and from one-time-offers that are placed in front of anyone who signs into the giveaway web site. This means what? Four extra streams of income, making it highly desirable to be one of the contributors.

Inside the web site you can also find promotional materials, including a training video, a schedule for promoting, extra ideas and banners and pre-written emails that carry your coded affiliate links. The whole evolved joint venture system is known as Autopilot Cash Streams, referring to the automatic nature of the business.

I decided to focus on this Joint Venture and I started a Google Adwords campaign to promote it. This brought in more than 350 people and rocketed me up to number 10 on the leaderboard. I switched the Adwords campaign off after it reached a total cost of $93.00 People will still come in from my extensive blogging and email campaigns. I know this particular JV Giveaway will be a resounding success and will go down in history as a major new development because of its extra income streams.