Auto news on Youtube Nov 1 2018

Welcome!

For more infomation >> Guide To Making Money Online As A Teenager (Or Beginner) 2019 - Duration: 15:48.

-------------------------------------------

How Much Money You Make Licensing Ideas - Duration: 7:57.

I am going to tell you the reasons that it is very unlikely that you will see

real money by licensing your idea

so this subject has been coming up a lot in the comment section and I want to

talk about it again I've been doing a little bit of research and have been

seeing that if you go out and try to license your invention idea you're going

to get about three to five percent for your invention now when I say three to

five percent what do I mean there's an old trick in the movie industry and I

think it applies here to young filmmakers would go out they get excited

they write their movie script and a few of them would go to let's say wanted to

film festivals and then a movie studio would come along and buy their script

the typical range that a studio would pay for those scripts is anywhere from

twenty-five thousand to let's say three hundred thousand up front for the script

and for the filmmaker who is broke that's a lot of money right there but

they would also sign a contract that would say that they would get say

anywhere from one to three percent of what they call the back end

well that back end is an interesting thing so let's say the movie gets

released and it makes a hundred million dollars there have been quite a few

low-budget films over the year that have been very successful and there were

young filmmakers that had license their script to those movie companies so

imagine the movie does a hundred million dollars in this filmmaker is all excited

because he's doing the math and he says 100 million dollars he's gonna get three

percent oh my god he's getting three million dollars he's rich

did you know that even George Lucas got involved with a product licensing deal

just watch the documentary on Netflix called the toys that made us it took him

a long time to get back the rights and make real money on his products that's

the trick so here's how it really works so remember the movie made a hundred

million dollars but that was in ticket sales it's changed a lot now but years

ago it was typical that the box office would split the proceeds with the studio

so a hundred million dollars would basically be 50 million for the studio

and a million for distributors but here's

where the math even gets worse so we're at 50 million there's also a lot of

marketing and expenses to go into making that movie popular not to mention a

distribution of the film's back then and now video but back then it was film

reels and by the time you were done with all the expenses you're looking probably

at about twenty million dollars on a hundred million film that the studio

made but then don't forget you have all the business expenses that go along with

that we're talking about the overhead at the studio the employees the expenses

for the graphics the television commercials - everything that had to do

with making that film down to the catering so think about that every

single expense came off the top by the time the young filmmaker got their

paycheck it was only a few dollars and actually not a few dollars he's probably

a couple of thousand maybe a hundred thousand if they were lucky but that 3%

really turned out to be a lot less than they had anticipated and when we're

talking about licensing our product ideas we're talking about the exact same

thing so you go out there and you license your product idea let's say you

are lucky enough to get five percent what does that five percent mean is that

five percent of the gross is that five percent of the net is that five percent

of the profits read your contract you might be surprised so let's take an item

it sells for and when we're talking about licensing I'll pick a typical

number let's say we're talking about an item it sells for $25 that's a retail

price but maybe it only cost $10 to make in China or whatever we'll just use that

number remember you have a whole distribution chain in between so really

you're talking about a $10 product that it costs you to make that we're selling

to distributors probably for between 12 and 15 dollars and then they're

retailing at 25 so you're really only making a few dollars on each item even

when it's selling for 25 if a company is making a product for $10 they still have

the cost of distributing it that's all the employees that were used to

advertise the product to potential resellers that's all the advertising

that goes into them marketing them online television radio print material

however they do their marketing all the employees that were used to you know

sell your product to stick it into boxes to put it on trucks the expense of the

gas to get the truck from one distribution to the other the expense of

the Union truck driver to get him to drive the truck from one distribution

place to another by the time you get any money for your invention idea from

licensing there is nothing left and I'm actually gonna do another video about

this and it's gonna be about the taxes as a small business owner and when I say

small business that can be a business that's making you know 100 million

dollars in America that's still probably considered a small business if they're

making a hundred million a year even if that business is making all kinds of

money selling products unless they're publicly traded the last thing they want

to do is to claim a profit on anything because that means that they have to pay

taxes on that money so as a business owner it is a business person's job to

take any profits from the things that they make or do and to reinvest them in

the business to make the business grow so that they can make more revenue keep

the money within the business and pay little in terms of profit now for you

guys that are all about you know greedy corporations and you don't want to hear

this I'm sorry but that's the way it works the more revenue that my company

makes the more money that I begin to spend on the business and as a country

wherever you're located that's what you want businesses to do because we can

spend the money better than our governments we can hire people we can

buy real estate we can invest in technology we can invent new things

that's what we do with money that we keep instead of paying taxes and

where does the money that we pay taxes go really think hard about this are we

investing in the future of our country or are we investing in the future of our

government because if you pay taxes you know that your money is better spent by

you than anybody around you in government you know if the guys from all

these other inventions shows haven't found my channel yet they're going to be

hearing a lot of me pulling the curtain away and showing what they are doing to

you is the inventor and I hope you're listening I hope you hear what these

people are doing to you yes they may be making you a little money but you can

make more for yourself just like you can spend your money better than the

government can you can earn your money better than

those licensing people can help you to make money

you

For more infomation >> How Much Money You Make Licensing Ideas - Duration: 7:57.

-------------------------------------------

HOW TO MAKE MONEY WITH INSTAGRAM MARKETING AGENCY? - SMMA $400k Case Study - Duration: 21:34.

For more infomation >> HOW TO MAKE MONEY WITH INSTAGRAM MARKETING AGENCY? - SMMA $400k Case Study - Duration: 21:34.

-------------------------------------------

How to Make Money on Facebook Page | Facebook Launchpad - Duration: 0:57.

Hi everyone, welcome to DiscoveringNatural I want to let you know about a program

on Facebook called Launchpad. To enter this program you have to click the

description area and go to the link in the description area. Now Launchpad is a

program whereby if you are someone that puts content on your Facebook page and

you create videos, you can actually monetize those videos. I have been using

this for a while now about 2 months now and I love their engagement I get from

people interacting with me on my videos I also loved the opportunity for me to

make a little bit of change. Holiday season is coming and you know we all need a

little bit of change so I want to share with you this program called Launchpad

please click the link in the description area down below or up above or wherever

and you can find out more information about that thanks for watching and see

the next video bye

For more infomation >> How to Make Money on Facebook Page | Facebook Launchpad - Duration: 0:57.

-------------------------------------------

Netflix's 'Stay Here' host on how to make money off short-term rentals - Duration: 5:19.

For more infomation >> Netflix's 'Stay Here' host on how to make money off short-term rentals - Duration: 5:19.

-------------------------------------------

#Ask Sallie: How can I make an impact with my money? - Duration: 0:56.

- How can I make an impact with my money?

You are. You're making an impact with your money

with every choice you make.

If you're buying from this corner coffee shop,

you're having an impact on that business.

If you're investing your money an Ellevest Impact Portfolio,

you're having an impact with your money.

If you're leaving you money in the bank,

you're having an impact with your money.

And so the way you can have a positive impact

is to invest mindfully, thoughtfully, intentionally,

in impact portfolios— impact investing portfolios.

At Ellevest, we have those available.

For us, it's about driving thriving communities,

about improving the environment

and about driving more money to women,

which can then have a natural positive ripple effect

through society and economies as well.

So you're having an impact.

Do me a favor, and just make sure

it's the impact you want to have.

For more infomation >> #Ask Sallie: How can I make an impact with my money? - Duration: 0:56.

-------------------------------------------

Make Money Simple Again on Today Show! - Duration: 4:02.

Peter Stefanovic: The time now for The Weekend Property! we are on top of it now buying a property can be

Alison Langdon: I thought something was going to happen there. :)

We are on top of it this morning, we are so quick!

Peter: Now buying a property can be

daunting whether it's a four-bedroom house or a small unit, the first step is

saving up for a deposit. Alison: From household budgets

to money management systems many

Australians struggle to save. Property Expert, Ben Kingsley has co-written a

new book called, Make Money Simple Again with the tips and tricks to achieve

financial peace in less than 10 minutes a month. Ben joins us this morning.

It's nice to actually have you in the studio this time!

Ben: Yes, good to be here! Alison: Now look, household debt in

Australia is a massive issue. We've got

one of the highest levels. I think it's second only to Switzerland. So

clearly we are no good at saving. Why is that?

Ben: Well I think the budgeting of the past is

no longer possible because we've got a digital, cashless economy. So what's

happening is, we might have set up some spreadsheets but we've got instant

access to our money. And when we do that, we're tapping and going and we're

transferring and wiring money. So we've got no discipline in terms of how we

organize and manage our money. Peter: Could you say that differently?

I mean are we no good at saving or are we

going too much? Are we overreaching with our debt or we

Ben: We certainly are! With the plastic economy that we've got,

we've got access to credit so our grandparents are the best money managers

we've seen in history. Because they used to get their pay slips and they used to

manage cash. And they used to put it into jars. If you didn't have that money, you

couldn't overspend. So from that point of view that's the way we need to get back

to but the reality is, is we now do have digital money and digital banking. So

we've got to organise our money back into those jars but we call them virtual

jars. You have your primary offset account or your high interest savings

account. You get all your money going into there and then you organize your

money and if you can do that you can trap more surplus and you can stop the overspending.

Alison: So what you really need to be doing though, is just keeping an

eye on what you're spending and to be aware of what's coming in and what's going out.

Ben: Yeah but most people can't do that Ali, in terms ofm what they're

actually doing is... They might have you know

expense items but what they're not doing is organising their money. So as an

example, we've got a Seven-Day Float model. So you organise your money and

then you work out what you're gonna spend for that seven days. Now you wire

that money to your living and lifestyle account and you pay yourself on a

Thursday, just like our grandparents used to do. And if you come to the next

Tuesday and you've only got $10 left, you've got to make that work. You've got

to open the pantry, you've got to make a meal out of that because what we

normally do is just go into another shop. And it's that slippage... that money

that's slipping out.. Is not allowing us to trap that surplus and paying our debt down.

Peter: So how do you reign in that discretion spending?

Ben: Yeah, so the best way to do it is look at your money and say, you've got essential and

discretionary. For every expense item, you need to look at and say... Even when you go

grocery shopping, you might have the staples that you have to buy. But

ultimately they're still, you know in my case, it's the dark chocolate and almonds.

That's the sort of discretionary spending so if you can

work through your expense items and trap that and then keep to that habit and

make sure you're looking after that money. And the rest of it takes care

of itself. You just start getting into a routine, you're checking on a monthly

basis and you can see that surplus being trap. So realistically how long would

Alison: So realistically, how long would you

expect it to take a normal family to save for a deposit for a home?

Ben: Yes, so if we're sort of talking about double household income and we're

earning say $100,000. A good rule of thumb is to try and trap 20% of

that. That means that over a course of three to four or five years, you're going

to have $60,000, $80,000 or $100,000.

Now that is a good amount of money to be able to put a

deposit down on a property to move forward alright then thanks for coming

Peter: Alright Ben, thanks for coming in. You've got the new book.

If you want some more tips and tricks folks, right there.

Make Money Simple Again. Alison: And all it takes is 10 minutes a month.

Thanks Ben.