Ok, so I am new to this.

So green that the paint ain't even starting to dry yet...

Hence the question:

Regardless of whether you are a vendor or promoter, how do you decide who you want to work with, or not?

How does a promoter determine whether any given project will be worth getting into, and whether he or she is willing to trust the vendor, and how does any vendor determine whether he or she can trust the promoter to deliver (and do it ethically)?

Just wondering how you experienced people keep from getting burned - aside from only working with reputable vendor and promoters.

(because if that's the only way, newbie vendors like me have NO chance of ever doing a JV - because the only way to build a track record is to build a track record...)

Your thoughts?