• 329: The Cost of Not Licensing Part 1

  • Aug 12 2024
  • Length: 21 mins
  • Podcast

329: The Cost of Not Licensing Part 1

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  • Summary

  • Ever found yourself pondering if your time is more valuable than money? If so, you’re not alone. In this episode, we're diving into why licensing your content might be the game-changer you're looking for. We tackle the crucial question: what's the real cost of not licensing your content now? If you've been sidelining the idea due to your busy schedule or the money your business currently makes, this episode is tailored for you. Many entrepreneurs struggle with this decision, and today, we’re uncovering the hidden costs tied to not entering the licensing space sooner rather than later. This show is for anyone who values their time, especially if you’re feeling overwhelmed with the constant need to create, market, and deliver content. In our discussion, I use real-world numbers to highlight the time and effort you could save by licensing your content. I break down the exact hours it takes to create, market, and deliver your material, and why doing everything yourself might not be the most efficient or profitable path. If you’ve spent years building your content, you might wonder why you can’t catch a break. Licensing could be your solution. By the end of this episode, you'll have practical strategies to decide if licensing your intellectual property is right for you and your business. End Results:
    • Understand the actual time investment to create your content and how licensing can reclaim those hours.
    • Make informed decisions about licensing by knowing the extensive marketing efforts required for direct sales.
    • Realize the ongoing time and cost involved in content delivery even after creating it.
    • Understand the urgency of licensing your content before it becomes outdated and loses value.
    • Identify whether maintaining your current business model aligns with your long-term personal and professional goals.

    For more, visit our show notes https://sweetlifepodcast.com/329
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