Hey @Travis Sago, I’d love your perspective on how to structure a licensing deal for a physical product business. I was listening the other day to a podcast where the founder of a US-based company was interviewed, and I thought their business model was great and was something I would like to bring to the Spanish market. They’ve validated the model in the US. They make multiple 7 figures selling serialized stories through snail mail (subscription model). I sent him an email yesterday asking if he would be open to bringing this into the Spanish market, and he replied within 2 hours saying that yes, they had started translating it into Spanish, but other priorities came up. So we’re meeting on Thursday to explore this potential partnership. I’m interested in licensing their IP, content, stories, and creative that are proven to work. They also have great processes, systems, and operations in place. The challenge is that this is a physical business, so margins are tighter: Printing, labor, shipping, etc. Plus customer acquisition (ads, partnerships, create content...) My goal is to structure this in a way where: They get meaningful upside (so it’s worth it for them), but I keep enough margin to operate and grow this new pie. I know when it comes to licensing there are no fixed terms and everything can be negotiated. 👉 How would you think about structuring a deal like this? I would like your take. Appreciate any insight.

I know somebody that has 2200 bizopp buyers in a whatsapp channel. A post on Monday did $3800 with 55 buyers. it's a one-way *channel* so you can't see who's in it or chat with them. We manage their email list too, but trying to find a way to use this channel... Could push them to skool for an auction. Has anybody tried to tap out of something like this before? Link to a basic opt in page or something along those line?

Here’s a great example of kids being resourceful. This band used their neighbors Ring doorbell camera to record a music video. Talk about repurposing someone else’s asset! https://www.instagram.com/reel/DNT3QJlTujb/?igsh=czF2YWNzYzZvd2hr This reiterates to me what Travis talks about all the time. Kids are resourceful. BTW, don't get mad at me if you get "block em' like legos" stuck in your head after watching 🤣

I should have probably checked previous posts in here, But I would like to know if anyone did any international deals (ie in other languages or other countries) French? German? Spanish? Would love to dig deeper into this and see what can be duplicated successfully. I personally speak 4 languages and have access to multiple international markets. Just want to know if all the Ronin magic worked for any of you with different cultures and languages Thanks

Question for @Travis Sago and anyone else in Ronin who's tested this: I love the idea of turning books into Skool communities. Seems like a hot opportunity for authors right now and know a couple of people with databases of non-fiction authors. Is there a playbook/process for doing this effectively to optimize the group and maximize cash flow? Also, what if the author doesn't get a ton of traffic but has an email list of at least a few thousand people or a customer list of a few dozen? Seems like a great foot in the door and tool to point a finger at but not sure about the community having its own substantial upside in that case. When it comes to maintenance and upkeep, I've had my own communities in the past and that hasn't been more than a couple of hours per week outside of promos but could be wrong about that? I also understand that most authors don't just want a community, they want more customers and eyeballs and $ from their IP. That's why I'd like to have a more thorough understanding of these communities as tools for accomplishing that. Ok. There's the macro side. On the micro side, and to make the questions more tangible :), here's the outlook on a potential deal with an author I'm looking at suggesting: Author Data: Non-fiction author on a B2B topic, subject matter can be relevant to just about any entrepreneur niche, unique content that's great. Been around for a while but only 2700 people on email list, already has Facebook group (Not too active) of 580 and customer list of 200-300. Current offers are book, $997 course and $25K consulting. Wants to teach and coach but not market and sell. I see a lot of potential licensing plays with his content too. Being in this group has already transformed my way of looking at deals. Would be curious to hear any thoughts, ideas or suggestions you guys have around this topic. Thank you!