Unlock eSignature Lawfulness for Photo Licensing Agreement in Canada

How to eSign a document: e-signature lawfulness for Photo Licensing Agreement in Canada

hello Steven key here thank you for watching today I want to talk about what happens after you license your idea to a company and if you know after you you know drinking the champagne and celebrating with your families and friends and all this kind of great stuff you have to realize you have to stay with it because I'm hearing all these stories and it's happened to me I talked a little bit about it but it's happened to a lot of people what do you do if your product comes out do you just sit on the sidelines and wait for those royalty cheques to come on in what do you do and can you help your company that's you're licensed it to sell more product and I'm here to tell you yes do not sit on the sidelines get out there help them sell more product but before we get there I want to talk about a couple things that you can do to protect yourself that makes your Prada make sure your product once you licensed it to a company it actually hits the store shelf okay relationships like we probably never really mentioned or talked enough about how important it is to have relationships that's right and especially with your potential licensee and that starts with the gatekeeper that's right that's that person you call in and they kind of direct you to somebody else but you call in all the time and that person the person never gets any love from anybody so show that person some love be kind make sure you tell them your name have some small talk every once in a while but that gatekeeper is not it's not someone you should just rush through and try to get past the gatekeeper that person knows all the skeletons within the company that person knows how to get the hold of anybody you need and that person can really help you especially if something goes wrong and you need to get to someone very very quickly so the gatekeeper build a relationship very very important treat them with a lot of respect the second person that I think it's really really important that you you need to get to know you see the engineer the project manager or even the guys on the production line if it's made in the United States of course get to know those people they're actually doing the work yes realize that these people have a lot of projects on their plate and you're just one of them so build a relationship ask them how you can be helpful be polite have small talk once you sign that licensing deal I recommend go out there to the company get to know all these people to build a foundation so you can reach back out to them ask them what's going on asking what you could do because that group is going to tell you if there's any problems see if you know the engineer and you start to talk with this guy he's gonna tell you a lot of really great stuff he's gonna tell you some stuff that could possibly help you in terms of improvements what are they looking for maybe a little bit further out ahead because he's not thinking like you are he's thinking about how to design the product for manufacturing he's thinking about maybe some improvements they can make for the future he may be he's come up with another idea using your technology who knows but those engineers are really important guys number three the guys in sales the guys in sales are really really important to you because number one they're gonna tell you what's going on they're gonna tape if there's any problems those guys are on the front line of what's really happening once your product hits the store shelves they're also gonna tell you if maybe it's not performing or maybe there's some issues and all those type of things that that's gonna help you understand how well it's doing also that sales team it's also going to know how you know how many units are you selling now you don't have to ask him point-blank how many units are you selling but these cells guys love to brag hey we just got it in the target hey we're in a Walmart they love to talk about that stuff so make friends build a relationship with the person and cells now I know what you're thinking well gee I signed a deal they're gonna do all the work and maybe the person I should know it's the president or maybe the guy in the front office and I'm here to tell you no he's not gonna do any of the work he's gonna tell this other group to do all the work that's why it's important to make friends with everyone be kind take it slow be helpful don't be a pest but be helpful build relationships with everyone it's gonna help you make sure your product as well once it hits the shelves and if there's any problems you could maybe see it before it happens so you can actually fix it before it hits the shelves so here please building relationships Stephan key here thanks for watching tell your friends hey please if you haven't subscribed to our channel please do we have 14,000 people subscribing to our channel now I'm so proud of it we're gonna give you good advice great tips I'm gonna tell you everything you need to know if you've got some questions please type them in below I'll try to get to each and every one of you guys once again Steven key thanks for watching hi this is Steven key and I just want to thank you for watching and fit right TV we're here to save you time save you money and show you how you can bring your products to market through licensing so please subscribe down below click on the button and tell your friends thank you