James Schramko Announces Highly Anticipated FastWebFormula Offering for 2013, Shares Valuable Joint Venture Insights

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SuperFastBusiness.com chief executive James Schramko reveals his FastWebFormula business coaching project for the coming year and discusses one of its most popular subjects: the Own the Racecourse training course. He also provides helpful advice for entering joint ventures and getting one's rightful share of profits.

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James Schramko - Online Business Expert

The FastWebFormula 4 live event is set to take place in Sydney around May or June next year. This event, which is expected to run for two days, is open to all early intermediate to advanced online marketers who have joined the forum community.

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What can members of FastWebFormula, James Schramko's Internet business coaching forum community, expect in 2013? In a recent news video released by the SuperFastBusiness.com CEO, he shares big news: the FastWebFormula 4 live event is set to take place in Sydney around May or June next year. This event, which is expected to run for two days, is open to all early intermediate to advanced online marketers who have joined the forum community and discovered the value it provides for their business.

"No matter where you are in the world, I hope you can come out and meet us. I’d love to meet you," Schramko encourages. "Of course, with all the members in FastWebFormula coming together face to face, it’s such a powerful experience. We’ve got such a wonderful community with around 500 members now."

The FastWebFormula 4 event is expected to bring brand-new members together with more advanced marketers, but the rookies need not worry—intermediate and advanced business marketers are happy to share their knowledge and techniques. "They will be great sources of both being a customer and a potential partner for your business," the CEO assures. More experienced and like-minded marketers will also have much to discuss and explore.

Schramko's distinguished Own the Racecourse training course is the subject of countless discussions within the business coaching community. "One of the things I’m most proud of is the Own the Racecourse results thread in FastWebFormula," he shares. A diverse group of individuals, including tourist operators and members of the English/Japanese market, continually reports impressive results and excitedly shares experiences with other members. "The results are sensational, the method works, and I really think Own the Racecourse has been the stand-out training course this year, the same way Traffic Grab was the year before," he continues. "It just builds your business faster than anything that I know how to do. Get in there and absorb Own the Racecourse—it’s a wonderful course."

The next part of the news video presents Schramko's advice about profit sharing when entering joint ventures. When people ask business owners with Internet marketing experience to help them improve their business and promise to pay from the resulting profits, the CEO warns that it is often a trap. "The sort of person who can't afford to pay you to work on their business is also least likely to succeed—and usually, there'll be no profits for you to share," he cautions. "My advice is to ask for upfront pay. Get a retainer...If they're that confident their idea will work, then they should be confident enough to pay you."

In making business deals that lead to success, Schramko recommends setting up 100% ownership. "Specialists are readily available all around," reminds the entrepreneur. "Marketers who own their product or service should recognize that they hold all the power in the business relationship. Just subcontract the bits you need specialists for, own the business, and get all the profits for yourself," he recommends. "That’s a better business model for my mind."

For more information on the upcoming live event and the coaching community's various training modules, visit FastWebFormula.com.

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