Navigating the referral process can be straightforward when you have a clear way to track your progress. Our partners find it helpful to monitor each stage of a referral, understanding that rewards are conditional and tied to specific milestones.
This worksheet is designed to help you keep tabs on your introductions, from the initial contact to the eventual reward payment. It emphasizes the key steps where the referred company engages with SourceX and where rewards become payable.
Understanding the Milestones
For each referral, there are several key stages. Recognizing these helps you anticipate when a reward might become payable and understand the conditions involved:
- Introduction: Your initial outreach, leading to a verified company application. Remember, credit goes to the first valid referrer whose introduction leads to a verified company application within the attribution window. (F04)
- Verified Application: The referred company formally applies and meets the baseline criteria. SourceX works with US companies that have 50+ full-time employees at peak, years of operating records, rights to license data, and an authorized sponsor. (F06)
- Licensing Deal: SourceX facilitates a licensing deal for the referred company with AI labs and data buyers.
- Buyer Payment: The buyer pays SourceX for the licensing deal.
- SourceX Fee Receipt: SourceX receives its fee from the buyer.
- Reward Payment: Your reward becomes payable. Rewards become payable only after the buyer pays and SourceX receives its fee. A lead, meeting, or signed agreement alone does not trigger payment. (F03)
Your Referral Milestone Tracking Worksheet
This simple template helps you log and track each referral. Make copies for each company you introduce.
| Column | Description |
|---|---|
| :---------------------- | :--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Company Name | The name of the referred US company. (Must meet baseline: 50+ employees, operating records, data rights, authorized sponsor.) (F06) |
| Intro Date | Date of your initial introduction to SourceX. (Key for attribution window.) (F04) |
| Application Status | Pending / Verified / Not Qualified. |
| Application Date | Date SourceX confirmed a verified application. (Trigger for attribution window success.) |
| Licensing Deal Status | Ongoing / Signed / Not Proceeding. |
| Deal Signed Date | Date a licensing deal was officially signed between the referred company and a buyer, facilitated by SourceX. |
| Buyer Paid Date | Date the buyer paid for the licensing deal. (Crucial for reward trigger.) (F03) |
| SourceX Fee Received | Date SourceX received its fee from the buyer. (This is when your reward becomes payable.) (F03) |
| Reward Payment Date | Date your reward was paid out. |
| Reward Amount | The amount of the reward paid. (You earn 25% of the eligible platform fees SourceX collects, capped at $100,000 per company.) (F01, F02) |
| Notes | Any specific details, follow-ups, or communications. |
Checklist for Each Referral:
- [ ] Verify the referred company meets the baseline criteria: US company, 50+ full-time employees at peak, years of operating records, rights to license data, and an authorized sponsor. (F06)
- [ ] Ensure your introduction is the first valid one within the attribution window. (F04)
- [ ] Understand that your reward is a share of SourceX's fee and never deducted from what the company receives. (F07)
- [ ] Confirm that rewards become payable only after the buyer pays and SourceX receives its fee. (F03)
By using this worksheet, you can effectively manage your referrals and gain clarity on the journey from introduction to earning your reward.