Successful entrepreneurs should be creative with deal structures by combining multiple payment models such as commission, retainer, and equity rather than relying on a single form of payment, as demonstrated by a business that acquired a construction SaaS company with 40% commission on new sales, equity stake, and retainer for optimal results.
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Don't Marry One Form Of PaymentAdded:
Do you go like for for flat fees or part of revenue or part of ad spend? How does that work? This is what I mean by having to be creative as an entrepreneur. If your offer is always going to be like that, it's unlikely to succeed. So, my biggest advice for a lot of people if you're struggling find deals is be creative with the deal. Commission, retainer, equity. Yeah. Combination of all three, which is what we've done recently. We're selling construction SAS, but we acquired it. 40% commission on every >> On On new sales.
>> On new sales through our system, which is everything. Because we own the whole All right. the whole acquisition funnel.
And we get equity, and we get a retainer. So, like that's the most optimal solution.
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