This post is for the techies. If you don’t consider yourself a techie, look away now.
Ok, now we’ve got rid of them, let’s talk about Joint Ventures.
If it hasn’t happened to you yet then it almost certainly will eventually. Someone comes along with a sure-fire idea but needs someone with your skillset to make it work. He has no money to invest, so invites you to be part of a joint venture. Perhaps you’ll be offered equal shares in the proceeds, although IME you’ll usually be offered a lot less, because - after all - it was he who had the Brilliant Idea. And Brilliant Ideas are worth their weight in gold, aren’t they?