Starting a business can be costly, especially in certain fields such as
brick-and-mortar and retail. But there are ways to drastically reduce
your startup costs, and to secure funding without giving away the rights
to your company, or going into serious debt.
I can’t tell you how many times I’ve heard entrepreneurs lamenting
over the fact that they gave a huge percentage of their company equity
away to get angel investors or venture capital, and realized later they
could have done it on their own without giving up so much equity.
Let”s say you secure $100,000 from an angel investor in exchange for a
25% stake in your company. (Realistically, most investors ask for higher
amounts, but we”ll use 25% for easier math.)
MRR License
[YES] Can be sold
[YES] Can be used for personal use
[YES] Can be packaged with other products
[YES] Can modify/change the sales letter
[YES] Can be added into paid membership websites
[YES] Can put your name on the sales letter
[YES] Can be offered as a bonus
[YES] Can be used to build a list
[YES] Can print/publish offline
[YES] Can convey and sell Personal Use Rights
[YES] Can convey and sell Resale Rights
[YES] Can convey and sell Master Resale Rights
[NO] Can be given away for free
[NO] Can be added to free membership websites
[NO] Can convey and sell Private Label Rights
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