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Turn Your Ideas into Recurring Revenue (Greatest Hits)
The Side Hustle Show
How to Make a Good Deal With a Licensee
A good deal is when they're selling a lot of products. An average royalties about 5%. Make sure it has minimum guarantees, meaning that they have to sell X amount. If not, you get it back. Most companies are going to want an exclusive. It's amazing how greedy these guys get.
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