I've already got one licencing agreement with a university for some IP we developed, however it's a very specialist niche product aimed at food policy makers, so very limited market and no way I'm retiring on that one!Explosive Newt wrote: ↑Tue Jun 21, 2022 6:09 pm You just need to invent a thing, patent it and spin out a company that makes it and sells it.
Easy peasy.
No.1 - do they own a barge which they host people on for holidays?Jimmy Choo wrote: ↑Tue Jun 21, 2022 8:17 pm So it sounds like you want to separate your time from your money. I know a couple of people who have successfully done it. One set up a luxury French canal barge holiday that costs probably well upwards of $40k per week at the moment.
The other wrote and self published books. They do a bit of marketing for them but it ticks over.
Yes and no. Jim did an MBA for which he focused on a luxury holiday barge as a business and assembling a team to run it. He's very hands off now and has other passion projects he does. He's also written a book with his mate.
