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| SOWPub Business Forum Seeds of Wisdom Forum |
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#1
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I always forget this, because I've taken them, but, it would bode anyone well to have at least a passing understanding of CONTRACTS. I was lucky enough to have a contract law class in high school, and later, had to take them in college for my GRI (Graduate Realtor Institute). You don't have to be all attorney like, but you need to understand what your attorney tells you and puts in the contracts. Since TOLL positions come about via agreements, it is a good idea to know the legal language of contracts, it is what Western Civilization is based on. Gordon |
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#2
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Many toll positions can be enforced through contracts... For example, take an exclusive distribution agreement. I believe Joe Cossman gave the example of one of his students, who took a product (some kind of plastic wheelbarrow? My memory could be faulty) from Europe, and got the exclusive North American distribution rights. That means nobody could sell that product in North America apart from him. That's a toll position enforced by a contract... I've often felt it is useful to know a good lawyer because of this! (Or to be one...) The other place it's good to know about contracts is when paying people for a "work for hire" - such as for artwork, or for writing. You want to ensure that, in the contract, you own the copyrights, and any other rights that could restrict what you do with the work in the future! Otherwise, it could hamper your future business... Great point! Best wishes, Dien
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#3
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This is Zayne. A BIG thanks to Gordon and Dien for pointing me in the right direction!
Gordon, if my memory is correct, I'm pretty sure you were the catalyst that pushed me even further down this Toll-Position rabbit hole. I saw one of your replies in a Warrior Forum thread about trading surplus inventory. You mentioned Harvey Brody and Joseph Cossman, I did some research and haven't looked back since. It started with Jim Straw, then Jay Abraham, then you, and so on... And this is my mind right now: https://www.youtube.com/watch?v=9CS7j5I6aOc Question for you... Back in 2009, you mentioned in the comments section of a blog, "I’ve been working with Mr. Brody these past several years on an UPDATE. What Harvey is doing now makes the old stuff obsolete." Sounds really interesting! Was that update finally released? or still in the works? Quote:
Yup, it was a wheelbarrow. Speaking of Joseph Cossman, does anyone know where I can buy his "Cossman Deluxe Home Study Course" that he used to sell in the 80's? Just found this: http://checkout.cossman.com/product-p/100.htm Definitely looks like an updated version of the course. Do you know if it's safe to buy the course from that site? Does it belong to the Cossman family? Thanks! |
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#4
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Thanks! The old Cossman website was at cossman.net, but that doesn't seem to exist any more... Here's what it used to look like... https://web.archive.org/web/20060412...//cossman.net/ Joe Cossman's son is Howard Cossman. It's possible that the new website you linked to is by Howard Cossman, but I don't know for sure... http://checkout.cossman.com Best wishes! Dien
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#5
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I think you might want to contact Howard Cossman directly, if you can, that site doesn't look OK to me. Try linked in or maybe he has retired or sold off the assets, I don't know. 2009. That project fell apart. Harvey is on upper gears today, for sure. I'm not at liberty to discuss things from back then. A good look at a Toll Position similar to the wheel barrow, is the EdenPure space heater, with over a BILLION dollars in sales. That too, was gotten via an exclusive distribution agreement, and in my mind is the modern version of the Cossman stuff. One thing I would encourage anyone to do who is interested in Tolls is know the marketing part. Having control is great, but does you no good if you don't have distribution. Gordon |
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