Vigilante
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Some things for the rest of you to think about :
1. The deal I am doing currently has a minimum guarantee, but since I put in a 6 month development window and then the first YEAR for the minimum guarantee, the guarantee doesn't require payment until 18 months from the deals inception
2. A lot happens in 18 months
3. If a lot doesn't happen in 18 months, then you face that problem THEN, not NOW
4. No PERSONAL guarantee accompanies a minimum guarantee (read between the lines on what I just said there)
5. Achieving the minimum annual guarantee can be a trigger for an auto renewal
6. The best deal I did for a speculative product had NO minimum annual guarantee (but then a high license %).
7. I always want the minimum annual guarantee to be a no-brainer and/or something I could cover without breaking the bank
DO NOT LET RISK GET IN THE WAY OF MAKING SOMETHING HAPPEN. Risk is inherent in almost any great deal.
::end of soap box::
1. The deal I am doing currently has a minimum guarantee, but since I put in a 6 month development window and then the first YEAR for the minimum guarantee, the guarantee doesn't require payment until 18 months from the deals inception
2. A lot happens in 18 months
3. If a lot doesn't happen in 18 months, then you face that problem THEN, not NOW
4. No PERSONAL guarantee accompanies a minimum guarantee (read between the lines on what I just said there)
5. Achieving the minimum annual guarantee can be a trigger for an auto renewal
6. The best deal I did for a speculative product had NO minimum annual guarantee (but then a high license %).
7. I always want the minimum annual guarantee to be a no-brainer and/or something I could cover without breaking the bank
DO NOT LET RISK GET IN THE WAY OF MAKING SOMETHING HAPPEN. Risk is inherent in almost any great deal.
::end of soap box::