Aug '23 (edited) • Case Studies
PART 4: Real Time Ronin Deal Case Study [THE END]
Here's the good, the bad, and the ugly...
We talk about getting Ronin deals but there's not a lot about letting the crappy deals go...
So in short...
I walked away from this deal.
And I walked away from the deal for MULTIPLE reasons.
MAINLY because of the amount of energy it was COSTING me...
...and that was only a PREVIEW of what it would have cost me had I got INTO doing the deal I believe.
One big reason to walk away?
Is when you and the list owner just aren't on the same page.
A 200k list SOUNDS exciting and honestly, I was attached to the "idea" of such a big deal going down.
But in reality?
The situation was no different than if I dated a beautiful woman with a narcissistic personality disorder.
The deal may have LOOKED good...
...but it SMELLED bad.
And trying to put lipstick on a pig is NOT going to make the smell go away.
Comments like, "Tony, it's MY list, and I wanna decide who we promote..."
Or AFTER I had brought 3 product owners to the table and two of them got turned off after talking to her.
My takeaway, given her situation she's in "scare city."
I gotta walk away.
There comes a point when I feel a deal just has too much hair on it to shave off.
This was one of them.
Matter of fact, I'm not interested in deals I gotta do ANY shaving on.
I'm gonna keep this short because the lesson is:
"Investors aren't attached!...
...there are FAR too many deals out there that I WANT to do more so than I think I HAVE to do..."
I don't live in scare city.
The minute I closed the door on this deal?
and I landed a solid partner that's more than ideal and frankly could easily keep us busy over the next year.
Ronin's don't beg.
We don't chase.
We serve NO master.
But we do Respect The Coin.
In your corner,
~ Tony
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Tony Teegarden
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PART 4: Real Time Ronin Deal Case Study [THE END]
Royalty Ronin
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Ronin collect BIG-ticket commissions ($500 to $5k) by replying to emails/DMs for small biz owners with hot offers.
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