Refer a Company That Can Sell or License Its Data to AI and Earn a Fee
Refer a company, earn a fee when its data deal closes
Do you take referrals? Yes, I do, and in this video I will explain exactly how it works.
If you know a company that has years of everyday work data, you can introduce it to me, and if a license closes, I pay you a referral fee.
First, let me explain what a referral is, and what it is not.
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Do you take referrals? Yes, I do, and in this video I will explain exactly how it works.
If you know a company that has years of everyday work data, you can introduce it to me, and if a license closes, I pay you a referral fee.
First, let me explain what a referral is, and what it is not.
Many companies sit on years of email, chat and project files that AI companies pay to license, and a lot of owners do not know it.
A person who knows both a company and its owner can connect them, and that is what a referral is.
Before the details, let me tell you who I am.
I'm Jimmy. I have worked in data at Fortune 500 companies, as a data analyst, a data engineer and a software engineer, and I am trained in data science. I am also a Canadian military veteran, where I specialized in data analysis and reporting.
Are you selling your data? We are your broker and technical advisor. We get you the best price, and we guide your team through the technical side, so your data stays private.
Are you buying data for an AI lab? We find the right data for you and see it through to delivery, so you can focus on advancing AI research.
So, how does a referral move? It has 4 parts.
You introduce the company by describing it in a few lines, and you do not need to name it, because I do the rest.
Then I check the fit, we agree how to approach the owner, and the company decides, since nothing moves without its yes.
If a license closes, I pay you a commission or a fixed fee, and that is the only time a fee is paid.
What kind of company qualifies? There are 6 things to look for, and the first is size.
The company needs 30 or more full-time employees, and its owner or CEO has to agree to talk, because I always work with the owner.
It should own its work data, like email, chat and project files from several years, and it should not already be talking to me.
It is never a customer list or a contact list, because AI companies learn from how the work is done, and not from who the customers are.
Now the part everyone asks about, which is the terms.
I pay you either a commission or a fixed fee, and which one, and how much, depends on the deal, its size and its timing, so it is agreed with you in writing before the introduction.
You are paid only after a license closes and I have been paid, and if nothing closes, you are paid nothing and it costs you nothing.
I can not promise a deal, a fee or a date, because every company is decided case by case.
Who tends to know a company like this? People who already work with owners.
Accountants, lawyers and IT consultants see a company's systems and paperwork, and business brokers and advisors know the owners themselves.
Fractional executives, and anyone else who knows an owner well, can refer too, as long as the owner is on board.
There are 3 things I ask of you.
First, do not send me the company's data or anything private, because the company decides what leaves its systems.
Second, do not promise anything to the company on my behalf.
Third, once you have made the introduction, let me deal with the company from there, so the owner hears one clear message.
Here is how it can look. An IT consultant is fixing the systems of a 70-person engineering firm, and mentions to the owner that AI companies license work data.
The owner is curious, so the consultant sends me the introduction, and I check the size, who owns the data and whether the owner agrees.
If the owner says yes, I take it from there, and when a license closes, the consultant is paid a referral fee.
How do you refer one? Go to AITrainingDataBroker.com slash referral program, and click the button that says introduce a company.
It opens a short form, where you describe the company in a few lines, and you do not need to name it.
I will write back and we agree how to approach the owner, and when we agree the terms, I can also give you a personal link to send to the company, so I know who sent whom.
And what happens to the company you refer? I work for it as its broker and technical advisor.
As its broker, I bring its data to several AI companies and AI labs so they bid against each other, I work through the terms with the company, and the company makes the final call.
As its technical advisor, I guide its team through the export, and we de-identify its data, which means we strip out customer names, employee names and anything private before any AI company sees it.
I am paid only when a deal closes, and nothing moves until the company's team signs off.
So if you know an owner whose company holds years of work data, introduce it, and if a license closes, I pay you a referral fee.
If you run a company with 30 or more people, the data you already have could become a new revenue stream. You can find out if yours qualifies, for free, at AITrainingDataBroker.com.
If you have further questions, leave them in the comments, and I will answer them in the next video.
Thank you for watching, and I will see you next time.