Revenue sharing agreements compared to retainer agreements

Revenue sharing agreements compared to retainer agreements

HomeJames SchramkoRevenue sharing agreements compared to retainer agreements
Revenue sharing agreements compared to retainer agreements
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The revenue share model has completely changed the way Tim Tavender does business. Tune in as he and James go over the benefits of revenue share versus retainer contracts.

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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