SPI 711: A Hidden Revenue Source for People who Have Clients with Chase Buckner
Aug 30, 2023
auto_awesome
"SPI 711: A Hidden Revenue Source for People who Have Clients" features Chase Buckner, the Director of Marketing at HighLevel. They discuss the power of software in agencies, automating lead follow-ups, and the benefits of recurring revenue. The episode introduces HighLevel's suite of white-label software tools that can be resold to clients for passive recurring revenue.
Focusing on a specific offering and learning to say no can lead to faster success for talented individuals and agencies in the service-based business industry.
Agencies can create a software-based arm of their business by white-labeling existing software like HighLevel, providing recurring revenue and more stable income.
Deep dives
The importance of saying no and focusing on a limited offering
It is important for talented individuals and agencies to learn the skill of saying no and focusing on a specific offering. By narrowing their focus, they can avoid spreading themselves too thin and achieve faster success.
The opportunity to create a software-based agency
Agencies have the opportunity to create a software-based arm of their business by white-labeling existing software like HighLevel. This allows them to offer software as a service (SaaS) to their clients, providing recurring revenue and more reliable income.
The benefits of recurring revenue through software offerings
Recurring software revenue is highly desirable for agencies as it provides more stability compared to traditional agency services. By offering software subscriptions, agencies can generate long-term, reliable income while reducing the impact of client churn.
HighLevel as a versatile software solution for agencies
HighLevel offers a wide range of tools and features that can be white-labeled by agencies to create their own software offerings. From lead automation to scheduling, invoicing, and more, HighLevel serves as a versatile platform for agencies to cater to their clients' needs.
#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.