Hi Gordon,
Great topic!
There are many opportunities to acquire powerful toll positions at the moment, due to retiring boomers...
In many cases, their (adult) children aren't interested...
Toll positions can include intellectual property, which can include patents, copyrights, trademarks, and also include other kinds of toll positions, such as secret formulas...
There are many opportunities due to inventors.
Many inventors invent good stuff, but have no idea how to market it!
I'd say that a powerful toll position is the best way to prepare yourself for the coming Artificial Intelligence onslaught!
Many people, including many copywriters, are panicking over AI...
However, Harvey - and others like him - who own strong toll positions, aren't breaking a sweat...
Those who own the secret formula for WD40 are probably saying... "Artificial intelli-what? No threat to us...!"
Best wishes,
Dien
Quote:
Originally Posted by GordonJ
So. Just met with an attorney, a specialist in Intellectual Property. eeGADS, there is so much IP on the market, at all price points, I'm giving a big rethink about the whole of TOLL positions.
I'm deep into some new research, but my ignorance is the first obstacle to overcome and there are some legal tools, which can help us acquire and maintain the cash flow without any out of pocket moolah. It is truly, crediting Harvey Brody here: Buy the cow with its own milk.
More to come.
Anyone else interested in the IP marketplace? I'm delving into little known musicians, one hit wonders, not every artist gets millions for their past work like THE BEATLES, John the troubadour with his one hit in 1976, may have the ticket to an ongoing licensing deal.
Very INTERESTING stuff. I have to look at SPEEDY options, not bog down messes, and they seem to be out there.
Maybe cause OK Boomers are dropping like flies in a Stranger Things pumpkin patch.
Gordon
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