How long does it take Harvey Brody?

[unpinkpanther]

...please forgive my newbie questions.

But I find it helpful to think aloud at
times, so I can learn from sharper minds than
mine.

From what I understand about the Harvey Brody
system, there are 2 parts:

1. Getting the toll position (exclusives,
etc)

2. Monetizing the toll position (getting the
cashflow from the toll position)

What if -God forbid- you are broke and you
get control of a toll position. And you
really need cashflow TODAY to pay some bills.

How will you monetize your toll position?

Originally Posted by Dien Rice

Hi unpinkpanther,

There are two ways to get a toll position...

You can Create one, or you can Acquire one...

Creating a toll position will generally take longer. For example, Mr. Brody created his first toll position - the "zoom spout oiler." It was his own invention, he had investors to help fund the production (and he also got a patent), and I think it took him a while to get off the ground (though remember, it was his first one)...

Acquiring a toll position can take hours, even minutes. You find a toll position you like which is for sale, and you buy it - done!

Or, you can negotiate to acquire a toll position which is not initially for sale, or where you get a piece of the toll position as part of a joint venture deal... In which case it can take much longer.

Every deal is different! Some deals can literally take minutes...

"I have a toll position" (e.g. copyright, patent, etc.). "You wanna buy it?"
"Yes, here's the money."
Finished!
(I have literally done this, where I was the buyer.)

On the other hand, some deals (such as a merger between two companies, or an acquisition which would involve a merger) can take years...

So there's quite a range!

Some toll positions can be gotten for free. For example, exclusive distribution deals for a certain product for your region or country can often be had for free...

Best wishes,

Dien