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I have a great idea for a digital product and would need licensing from any big organizations, Nascar or MLB, NBA, NFL. I know some of those are very difficult to get and cost 100k but the biggest stumbling block is that they require clients to prove sales. I dont sell anything and i dont have a factory so im looking to partner up with anyone who has any type of such license to get started.
My idea is great because it doesnt require much inventory, or much investments (based the licensing) but i dont really know how wellit will do because it wasnt done before.
I'm not good at calling companies and convincing them to work with me so if anyone wants to help pm me.
Hi and welcome to the forum.
First, I would recommend that you stop by the Introductions & Networking part of the forum and make an introduction post. You're not likely to get many serious responses based on your post above. Take off your coat, stay a while and chime in when you can. From watching interactions around here, you will see that people that show up here with a business idea and need for help are usually not taken seriously until people think they are seriously worth spending time on. So... add some value around here and over time you may find some kindered spirits.
License agreements don't require you to prove sales as much as guarantee $$. And you are right... the ones you mentioned are some of the most expensive and huge pains in the a$$. However, also... they will all be product specific. You can't ride on the coat tails of someone's existing license agreement, as that is a specific % for a specific product and with a specific commitment. You don't get to just add additional shit to it. It's much more tightly regulated than that.
Your last sentence is complete bullshit. Fear is a barrier to entry for some. If you can't pick up the phone and offer someone to work for them making them money (which is what a license agreement is) you'll never make it happen. Practice with your wife, your dog, or anyone that will listen. Then pick up the phone and make the call. If you fall flat on your face, do it again. And again, and again. However, giving yourself the easy out that you're "just not good at it" is nonsense, and tends to be a hallmark of action fakers.
If you believe in your idea... if it is good enough... PICK UP THE PHONE. Your sentence is a sentence of fear, not ability. And you have nothing to be afraid of, because the worst thing that can happen is they say NO. You're no worse off in that scenario, other than the fact that you gave yourself an MBA in license agreements in the real world. If you are prepared... if you have a good idea... and if your idea makes sense, make the call.
And... welcome to the forum.
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