Strategic alliance is a ten-dollar word for a simple idea: teaming up with one or more individuals for your mutual benefit. These other folks might be lawyers, business owners, or others who are influential in your niche or local market, or folks who are successful in completely different fields.
The purpose: to help each other achieve your individual goals.
You might team up with another lawyer who targets the same market you do and become workout partners, or form a mastermind group of four or five other folks with complementary skills and resources. Each of you might contribute your specific skills, e.g., editing, graphics, copywriting, videography, etc., or contribute ideas, feedback, and encouragement to other members of the group.
Strategic alliances are often marketing-focused, with each member of the group agreeing to promote the content and services of the other members.
But there are no rules besides the ones you agree to. You might use an alliance or group to
- share ideas and resources
- critique content
- make introductions and referrals
- promote each other’s services
- share each other’s content, links, pages
- celebrate each other’s wins
- help each other through difficult situations
- hold each other accountable
What do you need and want? What do they need and want? How can you help each other?
Set up a regular meeting schedule and some rules for attendance and contribution.
Some members will drop out. Replace them with others. You may go through quite a few before you find a core group that sticks.
Whatever happens, you’ll learn a lot about yourself and how others see you, about your target market, and what others are doing to build their practice or business that you can adapt to building yours.
Other people know people you don’t know and how to do things you don’t know how to do. You do, too.
Combine forces, leverage each other’s talents and resources, and help each other grow.
