today I want to show you how to start a software business with absolutely zero money and this was
actually a dream of mine back in college I wanted to start a software business because I looked at
some of the wealthiest people in the world and they all had software backgrounds and I love the
concept of the monthly recurring Revenue just like real estate where you have tenants paying you for
an apartment or a town home or single family home the same thing with software where you can have a
lot of people or users pay you for your monthly software service and so what I want to show you
guys today is how to actually start a software company even if you have zero money and this is
something that I wish that I had back in the day I started my own software company back in 2015. I
went and raised some Capital right at the get-go so I had to give us a portion of my company away
to investors just to hire the developers to go through and get started so this blueprint right
here is the blueprint to go through and start with no money start getting a proof of concept
and bring it on Revenue so then if you want to go through and raise money later you don't have
to give away a lot of your your company and I actually had a good friend that did this exact
strategy and now he has grown a multi-hundred million dollar business so here's the deal if
you do not have money to get started we have to play by a few different rules because if we're
going to go through and compete with people that are going and raising tens of millions of dollars
in Silicon Valley to build a software then it's going to be very difficult so here's exactly
what I would recommend and this is exactly what my good buddy that's now doing well over 100 million
dollars per year with his own software business did what he did is he went and found an existing
software and he just white labeled the software so what white labeling means basically means you
can take the software that's already pre-built pre-coded you don't have to hire any expensive
developers you can put your own logo on it connect your own domain connect your own stripe account or
payment processor to process all the payments and you collect 100 of the payment and believe
me guys developers get extremely expensive very quickly especially nowadays the good Developers
they're in such high demand that a lot of these big tech companies that have raised tons of money
they're willing to pay them almost anything and give them amazing benefits which if you don't
have money you definitely can't compete with that so if you just go through and simply white label
software which I'm going to show you guys how to do here in just a second you can easily go through
and have a working software a proven concept up for literally zero money to get started now
here's the catch there is a 30-day trial for the software and then after that it starts at 97 per
month if you want to go through and bring on your first client and then as you go through and bring
on more clients it's going to cost you a little bit more but here's the deal if we're working
with no money we have to work by different rules right so let me just pull this up I want to show
you guys exactly how to make this work right here and so this is a software that you're able to go
through and white label the entire software if you want to look at other competing softwares
that are just like this that you can go through and model your business after these businesses
here's a look at two separate businesses here's how a look at the first one it's called Podium
they basically help small local business owners so think about your dentist your chiropractor your
plumber different small business owners like that they help them get more online reviews they help
them with their marketing with their messaging with customers and also help them with payments
another one is called weave which is basically the same type of platform they just focus in a
different Niche and now have expanded as well just like Podium but the crazy thing is is they offer
the almost exact same Solutions as the software that I want to go through and show you guys how
to completely customize and white label so this software right here the cool thing about it
is you can come over here and easily drag and drop these different services and say you want them in
this plan or maybe you want these forms in this base plan over here and then you can come over and
set the custom price points it's like let's say instead of 97 we want to do 199 and then this one
right here we want to do 299 and this one over here actually we want to do 6.99 because we're
going to add some other custom stuff and then you can have the annual plans and different things
like that and the best part about this is you connect your own stripe account which is basically
your own payment processor so you are collecting 100 of the payments and a lot of these white
labeled software platforms you have to go through and pay per user so I know a lot of white label
platforms where if you bring on one person twenty dollars per user so if you're charging a hundred
dollars you pay twenty dollars to the software and so you make that margin of the hundred dollars
minus the twenty and then as you go through and get more users or basically scale it down to where
maybe you're paying only like ten dollars per user the thing I love about this software right
here is that you basically can bring on as many users as you want and they only have three core
plans ninety seven dollars per month 297 and 497. so on the 497 dollar per month plan you can run
this entire business just like a billion dollar software company as Podium or even Wii which I
believe if they haven't passed the billion dollar valuation they're very close to doing so and like
I said guys there is a 30 day free trial which you guys smash the like button drop a comment
down below I'll hook you guys up with the free 30-day trial normally it's a 14 day trial on their
website but I'm connected with the founders and they basically gave my audience a 30-day extended
trial to go through set everything up and the goal would be to get your first client in the first 30
days so then you can be basically make money before you even have to come out of pocket and
on that 497 per month plan basically for 500 per month you can run an entire software company which
is absolutely insane and bring on as many clients as you want they put out of perspective when I was
running my own software company back in the day I was spending over forty thousand dollars per month
just on developers that's not account reps that's not support people or anything like that forty
thousand dollars per month just on developers that's nearly a half million dollars per year
that if I had the platform like this which actually has a lot of the same functionality
as what my software did I'd be able to save almost a half a million dollars per year which
that would basically become all 100 profit and as far as the website goes I already have like
a pre-built website for you guys if you guys want to get hooked up with that and a free step-by-step
course where I show you guys everything of how to go through and white label it get clients how
to fulfill for clients how to onboard everything step by step and it all has the login everything
all created completely white labeled customizable to you and your business now here is the next step
if you want to go through and really scale this because I know a lot of people may be watching
this and be like well Jason you can't really go through and sell a white label business or it's
not going to be worth as much which I will say this there have been people on this platform that
have white labeled the platform and guess what they actually went through and they were able
to sell their business and so you can go through and sell your business if you set it up and do
it the right way however if your goal is to exit and sell your business one day and you want the
best multiple possible you probably want to do something just like my one friend I was telling
you about at the very beginning of this video so what he did he has a mobile apps Builder software
platform and what he did at first is he's like you know what I'm in college I don't have a lot
of money so what I'm going to do is I'm going to White Label another mobile apps software platform
just so I can have proof of concept and start bringing on my first customers so he went through
white labeled it completely just like I showed you with this specific software started bring
on clients started bringing on customers and then he was doing as much as he could with the software
platform as far as going through and creating custom mobile apps for these businesses but
then there were other businesses that wanted more custom work so what he did is he hired developers
to build out more custom mobile apps for these businesses and then as he started to grow and
started bringing in revenue and he saw the margins with his business he's like you know what if I
want to go through and sell this business and have the best multiple possible one day I want to go
through through and I want to own the code I don't want to just white label somebody else's platform
but because he started out with no money and didn't want to raise money from the get-go because
he would have given away so much of his company he didn't do that he white labeled it at first and
then after he went through and built up a nice book of business and revenue they went through
and hired developers to go through and build out their own platform and it was around this time as
well they raised a little bit of money because they were able to get a much better valuation
for the money that they were raising and they had proof of concept and customers and revenue coming
in the door so now they're able to go through and give away a small portion of their company raise
the money they needed plus they had the revenue from their existing customers to build out a
solid platform that they owned a hundred percent and was their own now I don't know the end of the
story as far as like whether he's gonna sell his company one day or whatever but I do know he makes
well over a hundred million dollars per year with his own software business a mobile apps company
that started this exact way of white labeling a software platform bringing on customers then
going through and hiring developers to code out his own platform bringing on money and then now
he has his own software business and he started completely from scratch with absolutely no money
when he got started so if you want to go through and basically follow in the footsteps of this same
exact model of going through and white labeling your own software platform so you can have that
monthly recurring Revenue which the beauty about monthly recurring revenue is a lot of people push
like the high ticket programs High ticket coaching Consulting all that stuff the thing is you have to
start over at the beginning of every single month what I love about real estate what I love about
software is you get that monthly recurring Revenue so even if you don't do anything this month you
know next month hey I've already got that monthly recurring Revenue coming in and obviously you
don't want to just stay stagnant you want to continually grow but you don't have to have
that stress at the end of every single month of like oh man well looks like I got to start over
over again and you can have that monthly recurring Revenue compounding every single month as you're
making your product your service everything better and growing your business right so once again if
you guys want the link to the 30-day extended free trial to White Label the software platform make it
your own they literally have so many features that you can kind of go through and customize
it however you want set your own price points put your own logo on it put your own domain and
connect your own payment processor so for just 497 dollars per month you can bring on as many clients
as you want and you can charge whatever you want so yes if you want to charge 200 per month and
you bring on a thousand clients you are bringing in two hundred thousand dollars in revenue and
your expenses for the software is 497 dollars per month now obviously you're probably gonna
have some other expenses with support account management all those different things but for
the core software itself just 500 per month that is absolutely insane anyway guys if you guys do
want that free course extended 30-day trial drop comment down below smash the like button and I'll
hook you guys up with that said thanks so much for watching and I'll see you in the next video