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Do you want to grow your business while having more free time? For more information visit https://www.youtube.com/watch?v=Od1wGA-A_dc&t=0s
Resources mentioned:
Revenue Share Business – https://www.jamesschramko.com/business-model-pricing-packaging/what-makes-revenue-share-such-a-great-business-model
Jay Abraham – https://www.jamesschramko.com/jay-abraham
Jay Abraham on the show – https://www.jamesschramko.com/business-model-pricing-packaging/683-jay-abraham-reveals-interesting-life-and-business-lessons
When James quit his job – https://www.jamesschramko.com/blog/593-i-quit-ten-years-ago
Dean Jackson – https://www.jamesschramko.com/tag/dean-jackson
AI – https://www.jamesschramko.com/blog/990-ai-based-copy-for-higher-converting-marketing-campaigns
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Download 9 Tips for Implementing the Revenue Share Model and a link to the free Revenue Share Training (and full PDF transcript).
https://www.jamesschramko.com/business-model-pricing-packaging/1012-revenue-share-deals-versus-retainer-deals
00:00 – Introduction
01:16 – Tim was always interested in something beyond the retainer deal before he even knew what revenue sharing was called.
05:28 – Selecting a business partner is one of the most difficult aspects of revenue share deals.
09:24 – When a product launch affected Tim's operation, he knew he had found the right business model.
11:08 – If you are thinking about buying a business, consider this agreement…
13:37 – Revenue sharing and affiliate marketing are similar, but very different.
16:48 – A rev-share deal allows you to build a deep connection with your partner over time.
18:43 – A revenue sharing agreement should ideally provide for exit provisions.
20:47 – To be successful with the revenue share model, a certain mindset is required.
25:26 – James shares some of his criteria for a rev share partnership.
28:12 – Email is still a major conversion driver, as James and Tim can tell you.
31:42 – Does your client allow you to do what needs to be done and do they have the team in place to get it done?
34:42 – With the right expertise, making money can be easy.
36:55 – Since joining Rev Share, Tim has been living the life he loves outside of work.
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