6 min

Minimums and how to get them into contracts Invention Licensing with David Fedewa

    • Entrepreneurship

A minimum in a licensing contract is very important but completely misunderstood by both parties.






Some companies don't want minimums. They don't want to commit money and then be held to a minimum after they've made all the investments. And so you need to approach it correctly and understand how minimums actually work. And this is something I'm trying to teach the entire industry because even the licensees and licensors don't necessarily understand how mechanically a minimum guarantee works.






Today, we're going to go over minimums and how to get them mechanically in your licensing contract.






P.S. Getting to the point of making money off your invention is hard. That’s why I’m hosting a very special webinar for you on how to get through all of this. At the end of just 1 hour, you’ll know the techniques to get your invention licensed easily and make monthly passive income.






Sign up for the webinar here: https://bit.ly/3cZZQ7v






👇 SUBSCRIBE TO DAVID’S YOUTUBE CHANNEL NOW 👇


https://www.youtube.com/InventionLice...






Check out these Top Trending Playlists -


1.) Royalties through Inventions - https://www.youtube.com/playlist?list...






2.) $1,300,000 Royalty Mistake - https://youtu.be/9Tbwdaa4mlk






3.) Invention Help : FAQs - https://www.youtube.com/playlist?list...






★☆★ CONNECT WITH DAVID ON SOCIAL MEDIA ★☆★


YouTube: https://www.youtube.com/c/InventionLi...


David Fedewa Blog: https://www.inventtribe.com/blog


David Fedewa Coaching Packages: https://www.inventtribe.com/packages


Facebook: https://www.facebook.com/InventTribe/


Instagram: https://www.instagram.com/inventtribe/


Linkedin: https://www.linkedin.com/in/david-fed...


Podcast: https://podcasts.apple.com/gb/podcast...






#DavidFedewa #InventTribe #LicensingContractClauses






Please understand that by watching David’s videos or enrolling in his programs does not mean you’ll get results close to what he’s been able to do (or do anything for that matter).






He’s been in business for 12 years and his results are not typical.






Most people who watched his videos or enroll in his programs get the “how-to's” but never take action with the information. Dave is only sharing what has worked for him and his students.





Your results are dependent on many factors including but not limited to your ability to do the work hard, commit yourself, and do whatever it takes.





This video is about minimums and how to get them in your contract.


https://youtu.be/bgnaItM2RX4


https://youtu.be/bgnaItM2RX4

A minimum in a licensing contract is very important but completely misunderstood by both parties.






Some companies don't want minimums. They don't want to commit money and then be held to a minimum after they've made all the investments. And so you need to approach it correctly and understand how minimums actually work. And this is something I'm trying to teach the entire industry because even the licensees and licensors don't necessarily understand how mechanically a minimum guarantee works.






Today, we're going to go over minimums and how to get them mechanically in your licensing contract.






P.S. Getting to the point of making money off your invention is hard. That’s why I’m hosting a very special webinar for you on how to get through all of this. At the end of just 1 hour, you’ll know the techniques to get your invention licensed easily and make monthly passive income.






Sign up for the webinar here: https://bit.ly/3cZZQ7v






👇 SUBSCRIBE TO DAVID’S YOUTUBE CHANNEL NOW 👇


https://www.youtube.com/InventionLice...






Check out these Top Trending Playlists -


1.) Royalties through Inventions - https://www.youtube.com/playlist?list...






2.) $1,300,000 Royalty Mistake - https://youtu.be/9Tbwdaa4mlk






3.) Invention Help : FAQs - https://www.youtube.com/playlist?list...






★☆★ CONNECT WITH DAVID ON SOCIAL MEDIA ★☆★


YouTube: https://www.youtube.com/c/InventionLi...


David Fedewa Blog: https://www.inventtribe.com/blog


David Fedewa Coaching Packages: https://www.inventtribe.com/packages


Facebook: https://www.facebook.com/InventTribe/


Instagram: https://www.instagram.com/inventtribe/


Linkedin: https://www.linkedin.com/in/david-fed...


Podcast: https://podcasts.apple.com/gb/podcast...






#DavidFedewa #InventTribe #LicensingContractClauses






Please understand that by watching David’s videos or enrolling in his programs does not mean you’ll get results close to what he’s been able to do (or do anything for that matter).






He’s been in business for 12 years and his results are not typical.






Most people who watched his videos or enroll in his programs get the “how-to's” but never take action with the information. Dave is only sharing what has worked for him and his students.





Your results are dependent on many factors including but not limited to your ability to do the work hard, commit yourself, and do whatever it takes.





This video is about minimums and how to get them in your contract.


https://youtu.be/bgnaItM2RX4


https://youtu.be/bgnaItM2RX4

6 min