Joint Venture strategies

[Ralph Galdorisi]

I have done joint ventures before but have all been structures as equal partnerships with capital investment and share of profits. Can I get input on JV structures when others have been the catalyst for finding and managing deal with other partner being involved in a lessor hands-on role but more on the money side?

I 've read that many do it as a 50/50 profit split, The initial investment being one partner the money the other the Finder and project manager. I'm just not comfortable with someone who has no money to lose with everything to gain. It is way to easy for the finder to take big chances with no skin in the game. I realize everything is negotiable, Just looking for others who have had experience good and bad and how they would do it differently.

I'm aggressively looking to grow and JV is an accelerator but I want to do it with win win approach.

Thank you :)