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Process. it s key to have open and honest communication. if there s a problem, let people know. what s the bottom line on attracting contributors? they want to see small, hard working smart americans with a cool idea but don t have the cash to do it. they want to help them do that. kick starter is one of the innovative ways to get money. scott gerber is a serial entrepreneur, angel investor and owner of sizzleit.com. david s. rose the first panelest to appear on your business is back with us. the chairman and ceo of gust, a platform for early stage investing. great to see both of you guys. pleasure. this is such an interesting ....
Support these new markets, what licensing models do you suggest? what i like is he set out to do one business and he s finding there s another business. we are going through that now with one of my companies at sizzleit.com. over the years we spent a ton of money. this year, it s a software as a service and developing it. people are wanting to buy it. we are doing it based on a straight up, revenue share agreement or a seat arrangement. taking a piece off the top. we are not starting equity. you use our product, here is how many people are using it. take money off the top. white label it so it s not competitor. website hosting or e-mail hosting is white labeled. white labeling is a great model. think about the other party as a sales channel for you. so, how much the revenue split goes to them and how much goes ....
A problem, let people know. what s the bottom line on attracting contributors when you crowd fund? they want to see small hardware games, smart americans who have a cool idea, but just don t have the cash to do it. and they want to help them do that. kickstarter is just one of the innovative crowd funding options out there for start-up. let s turn to this week s board of directors. scott gerber is the founder of the young entrepreneur council. he s a serial entrepreneur and owner of sizzleit.com. and david s. rose, the first panelist ever to appear here on your business is back with us. he is the chairman and ceo of guff, which is a collaborative platform for early stage investing. great to see both of you guys. pleasure. i think this is such an interesting topic. because, as you were just saying in the break it s a game changer for a lot of entrepreneurs. ....