Operations consultants often build robust Standard Operating Procedures (SOPs) and runbooks for their clients. Integrating a clear checklist for referring companies to SourceX can enhance your service offering and provide a valuable revenue stream. This resource is designed to help you ensure that potential referrals meet SourceX's criteria, maximizing your success.
Why This Checklist Matters
Your expertise helps companies optimize their operations. Data licensing, especially for AI, is a growing area of operational need. By incorporating a structured referral process, you can efficiently identify suitable companies and introduce them to SourceX, positioning them to benefit from new revenue opportunities.
SourceX is the enterprise data transaction layer for AI, managing data licensing from sourcing and rights review to delivery and payment. We focus on connecting data holders with AI labs and data buyers.
SourceX Company Introduction Checklist
Use this checklist to qualify and prepare a company for introduction to SourceX. Each point ensures the company aligns with our program requirements, streamlining the referral process and increasing your chances of earning 25% of the eligible platform fees SourceX collects, up to $100,000 cumulative per company.
Phase 1: Initial Qualification
- Geographic and Size Criteria: Is the company based in the United States and does it have 50 or more full-time employees at its peak operating period? (Contractors are excluded from this count.)
- Operational History: Does the company possess years of operating records, indicating a stable and established business?
- Data Ownership and Rights: Does the company clearly own or have explicit rights to license the data it wishes to offer? This is crucial for legal and contractual compliance.
- Authorized Sponsor: Is there an authorized sponsor within the company who is empowered to make decisions regarding data licensing and has the capacity to dedicate time to the process?
Phase 2: Preparing for Introduction
- Sponsor Availability Confirmed: Has the authorized sponsor confirmed their willingness and availability to engage with SourceX representatives for initial discussions?
- Understanding of SourceX: Does the company (specifically the sponsor) have a basic understanding that SourceX manages data licensing transactions and does not train AI models?
- Data Use Cases Identified: Have any potential use cases or types of data that the company is interested in licensing been briefly discussed or identified?
Phase 3: Making the Introduction
- Timely Introduction: Is the introduction being made as the first valid referral, ensuring that credit for the referral can be attributed to you if it leads to a verified company application within the attribution window?
- Clear Communication: Are you prepared to make a clear, concise introduction that highlights the company's profile and interest in data licensing?
Important Considerations:
- Reward Structure: Rewards become payable only after the buyer pays and SourceX receives its fee. A lead, meeting, or signed agreement alone does not trigger payment.
- Partner's Role: Your role is to introduce the company; partners never handle company data. The reward is a share of SourceX's fee and is never deducted from what the company receives.
- Professional Rules: While anyone can join, licensed professionals should always check their own rules regarding referral fees.
By following this checklist, you can systematically identify and prepare companies that are well-suited to partner with SourceX, creating a streamlined and effective referral process within your operational frameworks.