SPI 711: A Hidden Revenue Source for People who Have Clients with Chase Buckner
The Smart Passive Income Online Business and Blogging Podcast
Pat Flynn
4.8 • 3.8K Ratings
🗓️ 30 August 2023
⏱️ 43 minutes
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Summary
#711 Running a service-based business is something we don't often talk about here. Our focus is usually on passive income streams that can scale and create more free time for us. But is there a way to apply our mindset to services and unlock a hidden revenue source? You bet, and that's exactly what we talk about in today's game-changing episode! My expert guest, Chase Buckner, will absolutely blow your mind! He is the Director of Marketing at HighLevel, a suite of incredibly powerful white-label software tools you can pick and choose from and resell to your clients as a subscription. With no coding required, you can tap into the profitable SaaS model and create passive recurring revenue! Chase and I dive into specific use cases to inspire you because this can be the strategy that finally helps you stop trading time for money. Go to SmartPassiveIncome.com/highlevel to get started with a 30-day trial! Show notes and more at SmartPassiveIncome.com/session711.
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Transcript
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| 0:00.0 | If you are talented, you can typically do a broad range of things, but just because you can do it, |
| 0:06.2 | doesn't mean you should. I have seen a lot of folks succeed much faster than I was, and I would |
| 0:12.5 | almost step back and be like, how's that happening? I know I'm smarter than that person, |
| 0:17.2 | and it's because they just had such a focus of what they couldn't do, so like all the energy was |
| 0:23.5 | just spent on a limited offering, and so saying no is a skill that is hard learned, but often fast |
| 0:32.0 | track success, I would say. Many of the guests here on the podcast have been recommended by other |
| 0:37.6 | people, people like you, and I want to continually ask you to offer great recommendations for who |
| 0:42.4 | should be on the show. Somebody who has a great story, somebody has something unique to share, |
| 0:46.8 | and that is definitely what our guest Chase Buckner brought to the show today, |
| 0:51.2 | something unique. And in fact, this was a recommendation by several people, several people who I |
| 0:56.2 | met around the March of 2023 time frame, which was right when I went to social media marketing world, |
| 1:02.8 | and I met this person's team. I met a lot of others who spoke so highly of what this company and |
| 1:09.1 | what this person was doing that I explored it a little more, and I said, I don't know about this, |
| 1:15.6 | because the truth is I don't know about this. I don't know about the world of having an agency, |
| 1:20.4 | right? So you have a service-based business and you have clients, right? You have people who pay |
| 1:25.2 | you monthly to do a certain thing for them, right? And this isn't the business model that I typically |
| 1:30.5 | work with, which is the exact reason why I wanted to bring Chase here on the podcast, because I think |
| 1:36.0 | he could help you if you have a business model like that, again, where you have clients. However, |
| 1:41.7 | this did not go where I thought it was going to go. The agency model and taking a skill that you |
| 1:47.4 | have and sharing it with others on a monthly basis, for example, is not very passive, right? You |
| 1:52.0 | have to continually work in order to get continually paid. The only way to scale that, I thought, |
| 1:58.2 | was to then hire a team to help do a lot of that stuff for you, and then you become manager versus |
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