Travis just shared how he’s licensing PSM in Germany. @Eric Bakey asked a great question in the comments, in which Travis replied a great answer, which inspired me to ask AI to list some fun advantages of licensing vs real estate. Here’s what it gave me… A heads up, I sense its bias in the answers and in no way did I prompt it that way 😆 Ok, maybe a just a tad. No offense meant to any RE agents in the group. 1. Infinite inventory - It's like having a magic Xerox machine for houses! You can rent out the same digital property multiple times. 2. No physical maintenance required - No more cleaning up messes or fixing broken stuff. These houses exist in digi land! 3. Higher commissions - You get a bigger slice of the money pie. Typically 30-50% of royalties vs. 5-6% on property sales. 4. Global reach - Not limited to local area. It's like having a teleporter that zaps you anywhere in the world to make awesome deals! 5. Lower barrier to entry - No licensing exams or courses required. You just need to be good at striking up conversations and making deals, like trading baseball or pokemon cards. 6. Easier scalability - You can handle tons of deals without getting super tired. 7. Greater passive income potential - Money keeps coming in even when you're sleeping or playing video games. Royalties can continue for years with little additional work. Make money while you sleep, just like those late-night infomercials promised. 8. Flexibility - You can work from the beach or your treehouse if you want to. Ditch the cubicle farm. 9. No need for large upfront investments - You don't need to break your piggy bank to start. Your brain is your best tool! 10. Opportunity to work with diverse types of intellectual property - You get to play with all sorts of cool ideas, like a treasure chest full of different toys. 11. Potential to create your own IP in the process - Sometimes you might even invent your own cool stuff while working. It's like building with LEGO!

I met a guy who has a FB page with a massive following. The niche is not commercial in any way. (It a history page) He is looking for ways to monetize the page beyond what FB pays him for ads. His idea was to create a coffee brand but I told him he is better off reaching out to active followers and asking them what they would buy if he offered it. Any ideas?