I'm sure there's Rockstars here quietly working behind the scenes. If you're up for throwing back the curtain? I'm curious what licensing plays you're working on. Got a product or program you've licensed out already? Or something cooking but not ready yet? If you care to share? Let's hear it. Who knows, maybe your next partner's looking for you here.

So I sent my first Shogun Method email out to a list owner and here we are with the first deal done! He only has a small list of 3,000, but after his first reply asking about how much I was prepared to pay, I used (virtually copy and pasted) the 2nd email template from the Shogun Method to reply and we have a deal at the price HE suggested. 3 separate ads in his weekly newsletter. Total cost for 3 ads to his 3k subscribers?... $50 bucks! Hmmm. Reckon I might use the Shogun Method a LOT more! Thanks @Travis Sago

Travis just shared how he’s licensing PSM in Germany. @Eric Bakey asked a great question in the comments, in which Travis replied a great answer, which inspired me to ask AI to list some fun advantages of licensing vs real estate. Here’s what it gave me… A heads up, I sense its bias in the answers and in no way did I prompt it that way 😆 Ok, maybe a just a tad. No offense meant to any RE agents in the group. 1. Infinite inventory - It's like having a magic Xerox machine for houses! You can rent out the same digital property multiple times. 2. No physical maintenance required - No more cleaning up messes or fixing broken stuff. These houses exist in digi land! 3. Higher commissions - You get a bigger slice of the money pie. Typically 30-50% of royalties vs. 5-6% on property sales. 4. Global reach - Not limited to local area. It's like having a teleporter that zaps you anywhere in the world to make awesome deals! 5. Lower barrier to entry - No licensing exams or courses required. You just need to be good at striking up conversations and making deals, like trading baseball or pokemon cards. 6. Easier scalability - You can handle tons of deals without getting super tired. 7. Greater passive income potential - Money keeps coming in even when you're sleeping or playing video games. Royalties can continue for years with little additional work. Make money while you sleep, just like those late-night infomercials promised. 8. Flexibility - You can work from the beach or your treehouse if you want to. Ditch the cubicle farm. 9. No need for large upfront investments - You don't need to break your piggy bank to start. Your brain is your best tool! 10. Opportunity to work with diverse types of intellectual property - You get to play with all sorts of cool ideas, like a treasure chest full of different toys. 11. Potential to create your own IP in the process - Sometimes you might even invent your own cool stuff while working. It's like building with LEGO!

I’m just a boy from Arkansas. It pleases me to no end that Phoneless Sales Machine will be taught in German speaking countries! I’ve sold my stuff to over 78+ different countries over the last 20 years…much due to licensing mojo. It’s never cost me a penny out of my pocket. The recurring royalties and reach is more than I could’ve ever imagined. If you’ve got something that changes lives in some way, large or small, and want to impact the world, but don’t have a huge advertising budget… 👉 Package up your brilliance. 👉 Find a licensee and let them rent it for royalties. (Where do you find them? TIP: My German licensee is a customer. Your past customers are the easiest deals to make.) 👉 Don’t do an exclusive agreement until you’ve got a few deals under your belt. Non-exclusive is super safe. 👉 Base your royalty percentage off how much help and support you want/need to give them to get rolling. I only do deals where I don’t need to do much support at all…so I usually do deals between 10% to 25% of gross sales. 👉 Repeat until rich and you’re known all over the world 😆 Thank you for letting me celebrate with you! Questions? Rooting for Ya, Travis

Just a short update to the original post here: My first deal as a “licensing agent” Over the past weekend, the store brand owner (distributor) wrote up some product page copy to sell the pdf guide. Then we realized we needed some partially blurred out product images to go on the page too. I produced those myself easily enough in Canva using the blur tool available in the free version. I’m no graphic designer by any means. But he’s happy how they came out, so we’re rolling with ‘em. Today, fingers crossed he has the time 🤞 he’ll add everything in and do a test sale to test the delivery mechanism. And double fingers crossed 🤞🤞 delivery goes smooth and we’ll be up and running. A couple things I’ve realized so far going through this process. Travis has been known to mention that for every minute you make someone think about something, it can add days or weeks for it to get done. Many times it leads to a dead deal. Luckily the dead part 😵 isn’t the case here, but I believe there’s probably some things I might have done differently to expedite everything. Our partners are super busy people, so anywhere I can take things off their plate might save days/weeks of delay. One being… I might have offered to draft up the product page copy and take that off the store brand partner’s plate. Another that I still might do is to draft up a sales email or two for him to send his current and past customers. Curious if you can think of any others I could have, or might still, apply?