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Activity Forums Q & A Startups Advice: How to Structure Agreement with Soccer Player & Player Agent

  • Advice: How to Structure Agreement with Soccer Player & Player Agent

    updated 2 months ago 0 Member · 1 Post
  • David

    Member
    September 13, 2019 at 1:00 am

    Full disclosure, I have no formal business education but have been teaching myself over the past year. ​ I am currently running a startup and we are in talks with the agent of a professional soccer player to use our product. ​ We have established initial talks and both parties are interested, but the agent wants something to “sweeten the pot” before we get to discuss business with the player (which I think is pretty normal). Our business has been bootstrapping and have prototypes and initial inventory, however, we have no true sales stream as of yet (we are about to launch our ad campaign and new website so hopefully that changes things) ​ My question How do we structure a deal with the agent and then the professional player to use, help us market, or partner with our product. I would prefer not to give up equity yet, and would like to structure a deal around results and return in sales generated based on the partnership. ​ Any ideas on what our initial offer to the agent should be or look like? ​ I have never done anything like this before, so any advice or resources/reading materials to point me in a direction would be great! Thank you! – by hq overview DaBrokenMeta – –

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