This is when it got interesting from a deal-making perspective because Marcus did something new and a little bit more sophisticated than before. He told Jim that in addition to their 49% equity stake, they could also have a royalty of $1 per pie. Sell 40K pies and you get $40K. Sell 400K pies and you pocket $400K. Sell a million pies and you pocket a cool million.





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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!