I’ve spoken with Richard today and we’d like to outline a proposal for how
we can work together on delivering recorded courses supported by live Q&A
sessions. Using a 5-day course as an example (we can scale this
appropriately for shorter courses), here’s what we’re suggesting:
- *Live Q&A sessions:* £100 per 1.5-hour session (1 per day) = *£500
total*
- *Use of your recorded materials:* £500 flat fee per course (covers IP
and usage rights)
- *Guaranteed minimum per course: £1,000*
In addition to the above:
- *Royalty per participant:* 5% of the course fee (approx.£25 per
attendee for a 5 day course) based on 15, our class average = *£375*
- *Recorded course royalty:* 5% on all sales of the recorded version
Royalties will be paid on a *quarterly* basis. Based on the example above,
your total earnings for a typical 5-day course would be around
*£1,375* upfront,
plus quarterly royalties from both live and recorded attendees. If averages
are met this would amount to around *£4,125 per year quarter*, not
including recorded course sales.
Let us know your thoughts — we’re keen to move forward with this setup if
it works for you.
Best wishes,
Oliver
--
Oliver Hooker PhD.
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