A note from Sary

Ch.19 Fastlane business seedling 1: RENTAL SYSTEMS - If you invent and patent a product process and license it to other companies, you earn income from the licensing fee. - When you own the rights to a music collection, corporations must pay you a royalty to use the music. The work might have been recorded decades earlier, but it still generates royalties. - This book has been translated and published into over 25 languages worldwide. These foreign book sales earn me yearly royalties from countries spanning the planel yet I've never visited them. Rental systems are mighty money trees because they are high on the passivity scale and survive time.

Sary The Millionaire Fastlane, page 131 · January 12, 2024 Save to shelf
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