GH: Turn Your Ideas into Recurring Revenue
"To build income you can hustle, but to build wealth you need to build something that doesn’t require your hands."
That's what this week's guest told me, and then walked me down an interesting path in building that elusive "hands-free" business. His angle?
Product licensing.
Product licensing is essentially selling your ideas to larger companies for a percentage of future sales. You don't have to worry about the design, manufacturing, marketing, distribution, or anything outside an initial pitch and perhaps a prototype.
Stephen Key is a master of this and has been doing it decades. He's the…
The skinny
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