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The Side Hustle Show

494: Reselling Software: Don’t Start a SaaS — White Label Someone Else’s Instead

The Side Hustle Show

Nick Loper

How To, Entrepreneurship, Business, Education

4.71.6K Ratings

🗓️ 14 April 2022

⏱️ 41 minutes

🧾️ Download transcript

Summary

From working 40-50 hours a week in an engineering job to working 5-10 hours a week in a “lifestyle business”. That’s the lifestyle and business shift Chris Lollini created for himself by white labeling someone else’s software tools. White labeling is a super interesting business model. It’s basically putting your brand, your sales and marketing, and your frontline customer support on top of an existing software product. And it comes with a lot of the benefits of SaaS — recurring revenue, good margins — without the upfront development time and expense. To make it work, you essentially play matchmaker — finding a common problem and pairing that with a software solution. Chris was a self-described “recovering engineer” who started a marketing agency as a side hustle 9 years ago, which has evolved into a multi-6 figure white labeling operation called Reputation Igniter. Through Ignite.Reviews, Chris Lollini helps small businesses earn more positive reviews for their work. Tune in to The Side Hustle Show interview to hear: how Chris got the idea to start white labeling SaaS products how he identified his customer's pain points and provided a SaaS solution the methods he uses to add value and create healthy profit margins Full Show Notes: Reselling Software as a Side Hustle Download Your Free Bonus: 20 White Label Software Niches New to the Show? Generate Your Free Money-Making Playlist

Transcript

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0:00.0

What's up, what's up, Nick Loper here.

0:02.5

Welcome to the side hustle show because the rat race

0:05.9

doesn't need anymore rats.

0:07.4

Super interesting business model to share with you today

0:09.9

and that's white labeling someone else's software tool.

0:13.6

This is basically putting your brand,

0:15.6

your sales and marketing and your frontline customer support

0:19.0

on top of a software product that already exists.

0:22.1

And it comes with a lot of the benefits of SaaS software

0:25.5

as a service, namely recurring revenue,

0:28.3

good profit margins without the upfront development time

0:32.2

and expense to build that thing in the first place.

0:34.4

To make it work, you're essentially playing matchmaker,

0:36.9

finding a common problem and then pairing that

0:39.6

with an already existing software solution.

0:42.2

To help me learn more about this is a self-described

0:45.2

recovering engineer who started a marketing agency

0:48.0

as a side hustle eight, nine, 10 years ago,

0:50.6

which has evolved into a multi six figure

0:53.7

white labeling operation called reputation igniter.

0:57.6

Through Ignite.reviews, Chris Lalini

1:00.4

helps small businesses earn more positive reviews

...

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