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10 recurring revenue side hustles.

What's up? What's up? Nick Loper here. Welcome to The Side Hustle show because your 9 to 5 may make you a living, but your 5 to 9 makes you alive. Now, one nice thing about that

9 to 5 though, it's that predictable, steady, monthly paycheck. But your day

job isn't the only way to bring in consistent income, which is why today I want to share

10 realistic recurring revenue side hustles, starting with the one that's at the top of everyone's

list, software. And while AI has certainly made creating your own software easier, one of our most popular

recurring revenue episodes was with an entrepreneur who took an even simpler approach,

simply white labeling someone else's software.

That meant no startup or development costs, meant great margins, and just like SaaS,

just like software as a service, monthly recurring revenue.

For Chris Lillini in episode 494, he found this reputation management software he liked,

the kind that helps small businesses collect more positive customer reviews. And then all he had to do

was go out and sell it. We live in a very transactional world. If your approach is to probe and interrogate, most people aren't going to sign up for that, right? Nobody's going to raise their hand and be like, yeah, I'd love you to kind of sniff out my issues and my problems and show them to me and then, you know, use that to leverage into a sale of some sort of sort of, adding value, saying, hey, you know, we've been talking with all these people in the industry and here's what we found of the main challenges and what our recommendation is, you know, X, Y, Z. Here's a quick little white paper of a couple of case studies that we've done that might be helpful for you, right? I think that begs the opportunity for a relationship or a conversation to start, like you're saying. So yeah, no, that's, that's the way is, is adding value from the beginning. Now, given that to software, you don't have to stay local to your geographic area. You could, you could target customers all over the place. Is that something that you have found? Yeah. Oh, yeah. And that's really one of the beauties of software as a service, to be honest with you, is that, you know, you don't have a brick and mortar storefront where your catchment area is, you know, only within, you know, 50 square miles or something like that, you know, people's willingness to travel. And I've got clients, you know, down in California and Texas and Florida, New Hampshire, you know, and Kansas, you know, they're all over the country. I don't know how many, you know, of the 50 states I have clients in, but a significant number. And the power, too, is like, you know, with everything being so digital, right, and these conferences being all over the place, I mean, I'll just give an example. I got a painter client of mine who's local here, but he attends a mastermind group where there's painters from New Jersey in it, and there's painters from, you know, Texas in it, right? So that makes a referral to somebody in New Jersey. That painter in New Jersey knows an electrician, who knows a plumber, and it just sort of organically spreads that way, and that's really kind of the power of it, which is also, to be honest with you why it's kind of exciting. You know, my wife and I have actually been kind of contemplating moving out of the Pacific Northwest. Now that we've got two kids and, you know, we've got a certain sense of freedom, right? Although I have a pretty significant and established network here, right? There's nothing stopping me from picking up and moving to a different state because most of the relationships I've built. Most people haven't even seen me. To be honest with you, it's always fun when I meet them in a networking event.

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