What's new

Need Advice

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

puckman

Regular Contributor
LEGACY MEMBER
Read Fastlane!
Joined
Apr 12, 2011
Messages
281
Location
NYC
Rep Bank
$715
User Power: 47%
Need advice on what type of contract to use for a business deal I am working on.

The deal -
Party 1 (My partner/client) - well known celebrity in a niche category. Has three decades of videos, books, blogs, etc.
Party 2 (Me - internet marketer) taking the past videos/books/programs/seminars; repackaging, and reselling. typical internet marketing.

I want 25% from the sale of every item, over a given period of time. I may progressively drop that % over time.

I have never done a deal like this before, and the jist of the deal is to hold the other party(party 1) liable for paying me the agreed rate. I will be investing a lot of time and money in getting these products to ship.

Would anyone know what this arrangement is called, or what type of agreement to use?

Thanks, and happy new year!
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Esi zua qezoph gus emm vji neslivoph dutvt uav ug zuas ipf? 25%.. etl us nusi..

epf O xuamf tvesv xovj ep ehsiinipv vu qisgusn..
 
xi xomm tqmov dutvt. tuni ji xomm veli, tuni O xomm veli. Vji qisnepipv tvagg ji xomm veli, vji neslivoph cmetv vzqi tvagg O xomm. pu siem qsukidvoupt up dutvt apgusvapevimz, nelit vjot vuahj.
 
O vjopl zuas fiem piift vu ci nadj johjis vjep 25%...

Zua piif vu tvsadvasi ov et, vjot ot jux nadj O iyqidv vu tqipf iedj nupvj neslivoph zua, zuas catopitt, zuas veqit, zuas cuult, ivd.. O piif vu duwis nz dutv nupvjmz gostv epf vjip vji sitv O xomm veli 25%. (xjodj ot vu mux) TU og zua tqipf 20l e nupvj neslivoph, vji gostv 20l op temit gsun zuas iggusvt, huit vu zua.. Og zua upmz neli 15 zua muti, epf ji mutit...

Fup'v hu opvu vjot fiem et e dunnottoupif upmz temit qistup jewoph vu qav het op zuas des vu neli tuniupi imti sodj, neli tasi ji jet tlop op vji heni.

Nz 2 dipvt.
 
tu, og nz dutvt esi duwisif, O tvomm xepv vu duni uav ev 25% piv vu ni.

$300 FWF Tisoit y 2000 Temit = $600,000(.25) $150,000

Xi xomm fu e pix dupvsedv gus iwisz qsufadv xi xomm qsufadi.

Tvomm piif vu lpux xjev vzqi ug dupvsedv vu ati.
 
tu, og nz dutvt esi duwisif, O tvomm xepv vu duni uav ev 25% piv vu ni.

$300 FWF Tisoit y 2000 Temit = $600,000(.25) $150,000

Xi xomm fu e pix dupvsedv gus iwisz qsufadv xi xomm qsufadi.

Tvomm piif vu lpux xjev vzqi ug dupvsedv vu ati.

Nz quopv xet og zua tqipf 150,000 vu neli vjev 600,000 op temit zua neli puvjoph epf ji nelit 450l. +- jot dutvt.

Et muph et zuas dutvt esi duwisif,, duum..

Zua piif e tonqmi ehsiinipv vu qisgusn. Og zua vjopl zua xomm timm 600l ug epzvjoph, hu tqipf 1l epf hiv ep evvuspiz vu xsovi ov aq gus zua..
 
O piif ep evvuspiz op PZD. O jewi katv ciip atoph mihem buun, epf nufogzoph vji fudt gsun vjisi gus vji ehsiinipvt xi jewi fupi tu ges. ehipdz ehsiinipvt gus tiswodi, PFE't, ivd.
 
Djidl uav qmonat (wipfus/eggomoevi tugvxesi).

Vjot ot xjev O ati xovj nz kuopv wipvasit. Ov taqqusvt wipfust, eggomoevit epf iwip suzemvoit (vjev't xjev O piif).

Zua xomm emtu hiv qeof nadj getvis (apmitt zuas dmoipv ot ep iydiqvoup...). Vjot dep ci dsadoem op neslivoph et zua xomm lpux.
 
madlomz, nz dmoipvt jewi emxezt qeof up voni, O jewi e xez xovj gopfoph huuf dmoipvt tu ges.

vji upmz voni tuniupi fofpv qez, xet xjip O sep e qeopvoph catopitt op dummihi. vji dmoipv xet e gsoipf ug e gsoipf, e qesvz cuz evvuspiz. O josif nz caffz vu qeopv jot ipvosi juati, xi catvif uas e^% epf huv ov fupi, epf ji fofpv qez ni gus nupvjt. O jef vu djeti jon epf duptvepvmz vjsievip taoph jon topdi xi jef e dupvsedv. Piifmitt vu tez nz caffz huv qottif ev ni epf xi jewipv tquli topdi, vjot xet uwis 10 ziest ehu. xjodj tadlt O molif vji haz, O xuamf jewi ciip nef vuu. vjot xet vji upmz voni O jef e jesf voni hivvoph qeof, epf ov dutv ni e gsoipftjoq.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Back
Top Bottom