Chapter
Vanity Plate Auctions and Licensing Deals
25:13 - 28:09 (02:56)
Learn about how websites like Texas vanity plates and Disney licensing deals work to guarantee revenue for governments and companies alike.
Clips
MyPlate.com offers an easy way to register and purchase a personalized vanity license plate in Texas for a fee ranging from $50 to $100.
25:13 - 26:36 (01:22)
Summary
MyPlate.com offers an easy way to register and purchase a personalized vanity license plate in Texas for a fee ranging from $50 to $100. The website guarantees revenue to the government in exchange for the rights to sell personalized plates.
ChapterVanity Plate Auctions and Licensing Deals
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
With no competition, owning song rights can bring in millions of dollars each year.
26:36 - 27:15 (00:38)
Summary
With no competition, owning song rights can bring in millions of dollars each year. However, it's important to consider marketing costs and other expenses when evaluating the profitability of the business model.
ChapterVanity Plate Auctions and Licensing Deals
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
The guys discuss the benefits of securing exclusive partnerships and licensing deals for their business, making it harder for competitors to enter the market.
27:15 - 28:09 (00:54)
Summary
The guys discuss the benefits of securing exclusive partnerships and licensing deals for their business, making it harder for competitors to enter the market. They also touch upon the potential benefits of licensing products like Disney does.