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Buy a SAAS licence and become a CEO in one day!

Adrien Msx

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Hello everyone!

I built a lot of SAAS (Software as a service), sometimes it works, sometimes not. Create a software can be hard technically and can take all of your energy, that is why I always test the market before creating my final product. Testing your product/services as to be quick as possible, you don't want to waste your time on a bad idea right?

Last Sunday, I was on envato market (for the guys who don't know, it is a huge marketplace when you can buy some HTML templates, wordpress themes, ... ) and I saw many softwares for sale. A lot of them are made so that you can have client and earn money just after buying it (paypal integration, stripe). Anybody can wake up a Sunday morning and with some basic skills be an owner of a SAAS the same evening! Amazing!

Hold on! It is not easy as it seems! As Mister @MJ DeMarco said you need to have full CONTROL of your business and the ENTRY had to be difficult to make a profitable business. But what if you use this SAAS Licence to test your market and earn your first dollars?

Do not have CONTROL? If you're good enough at coding you can understand well the code and manage it.
You break the ENTRY point? The product is one thing, the brand that you personally built, the way you do marketing and communicate are many ways to make the barrier to entry difficult.

I think that SAAS licence is a good way to test your market (like an MVP), you can build a better product on your own after. What do you think?

Are the men who sell the softwares the winners? I saw many who do not make a lot of profit, I mean that they can make a better profit by using their SAAS instead of selling it. Perhaps, these people are just good at creating products and not on the business aspect so they decided to sell it (easy way).

I just want to know what do you think about this way to do business? Did someone experienced it?
Buying a software that everybody can buy could be profitable?
 

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James Klymus

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I've seen things like this in a lot of different forms over the years.

When I got started it was premade affiliate websites that you would buy for $300 and they were "guaranteed to make you $100 a month"

I've also seen this recently over the past few years with premade shopify stores. People will make you a "ready to go e commerce store" with products already added to the store. All you gotta do is advertise them and youll be rolling in the dough! (sarcasm)

If something seems too good to be true then it probably is. And most of these "business in a box" deals are just to sucker naive people into giving them their money.

Also you have to ask, if people were actually able to create these successful businesses on demand, then why wouldnt they just keep them to them selves and make a ton of money? Why would they sell their softwares if they could be making a ton off of them.
 

Johnny boy

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There's a way to participate and win in any industry. This is no different. You can win making the software and selling it on the marketplace. You can win buying the software and selling it to a broader audience somewhere else.

You don't know, so jump in with few expectations and learn from mistakes quickly. You may find a multi-million dollar opportunity by doing it in a creative way.

I would take some generic software, create a brand around it, and try a few different tactics to see if it gains any traction. For example, partnering with social media influencers to advertise to their audience and we share profits on the software. Or contacting relevant business owners using ringless voicemails to try and sign them up for our software that helps their business.

Lots of opportunities.
 

Xavier X

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@James Klymus

I think you're misunderstanding the intent here.
Many of the things the OP has mentioned are things intended to let you test a market without reinventing any wheels.

For instance, if I have what I imagine is a new angle or niche for an existing business model. I could either build it from scratch or test the market with an existing tool.

So if it was a forum of some sort, it would make more sense to start off with a XenForo, SMF etc installation. No need to dive in all the way coding a new reddit from scratch (with all the technical and financial goodies that comes with that).

It's different from buying a "Turnkey adsense site preloaded with auto article aggregator - set, forget and earn" website.
 
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OP
Adrien Msx

Adrien Msx

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Read Millionaire Fastlane
I've Read UNSCRIPTED
Sep 18, 2018
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Los Angeles
I've seen things like this in a lot of different forms over the years.

When I got started it was premade affiliate websites that you would buy for $300 and they were "guaranteed to make you $100 a month"

I've also seen this recently over the past few years with premade shopify stores. People will make you a "ready to go e commerce store" with products already added to the store. All you gotta do is advertise them and youll be rolling in the dough! (sarcasm)

If something seems too good to be true then it probably is. And most of these "business in a box" deals are just to sucker naive people into giving them their money.

Also you have to ask, if people were actually able to create these successful businesses on demand, then why wouldnt they just keep them to them selves and make a ton of money? Why would they sell their softwares if they could be making a ton off of them.
Yeah I'm pretty agree with you about all the mainstream "business in a box" sold by many gurus, but here I'm more talking about some niche software/tool that you can use to test the market or as a base of your product/service. It's like paying a freelance to make a product, you gain a lot of time! The sooner you are on the market, the sooner you'll understand it!

Look at this situation: You are interested to make a product, this product can be done in 3 months. You find a man who sold is software for $300, this software can handle the basic service that you want to provide in your product and that can be online in 2 days. Why you would loseyour time? The product will be similar to others in the beginning, but what is stopping you to improve it after?

I've a friend who bought a software white label, it didn’t create it at all but he makes some good money! As @Johnny boy said with some creativity you can find good opportunities. Translate an English software in Russian market for example ;)

@James Klymus I don't think that the men who sell these softwares are always more successful by selling it than keeping it for their business. Having a good idea, a good product does not guarantee you success, you have to be the one who understand well the idea, the one who feels the market and this person can be a reseller.
 

100k

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Which ones?
The one in your original post.

Entry = anyone can buy the licence and compete with you.

Control = what if the licence holder changes the terms and says from next month you need to give 20% of revenues in order to keep using his licence ?
 
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Adrien Msx

Adrien Msx

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The one in your original post.

Entry = anyone can buy the licence and compete with you.

Control = what if the licence holder changes the terms and says from next month you need to give 20% of revenues in order to keep using his licence ?
For Entry, as I said, you can improve the product in the future (personalise it), I'm speaking just if your licence can let you do what you want. The product is not all, you can also stand out by having a good marketing, etc.
And you do not have to be the only one in the market to make money by the way. The thousandth company of soap made more than 100 millions last years.

For Control, I agree with you for this kind of licence, but If you are free to do what you want, you just buy some code, nobody can impose you something. I can understand the code of others and make it better so for me I have control in this way.
 

100k

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For Entry, as I said, you can improve the product in the future (personalise it), I'm speaking just if your licence can let you do what you want. The product is not all, you can also stand out by having a good marketing, etc.
And you do not have to be the only one in the market to make money by the way. The thousandth company of soap made more than 100 millions last years.

For Control, I agree with you for this kind of licence, but If you are free to do what you want, you just buy some code, nobody can impose you something. I can understand the code of others and make it better so for me I have control in this way.
That's true, you could build an awesome brand, provide excellent customer service, have a top tier funnel and user experience and keep the competition out because of that.
 

Thomas Chauvet

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Eliminating the competition with excellent marketing doesn't mean the entry barrier is high. If anyone can buy these softwares, it means the entry barrier can be low, but it depends if the software is easy to set in place, or if you have to code to adjust it, depends also if anyone can buy it or if you have exclusivity...
Plus we know that some great business opportunities don't validate perfectly every CENTS line.
Actually, thank you OP for this, there might me some gold nuggets there, if you find something interesting and use it with a new / different angle.
 

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Adrien Msx

Adrien Msx

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Sep 18, 2018
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You know what guys?

Talking is good, but I prefer to take actions. I'm gonna experience this shit in few markets.

The goal: Make at least $50 000/month after one year.

I will do some posts to that you can follow my situation.
 

Y.B.

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Am I missing something here? Codecanyon/themeforest and their other sites sell software, plugins, themes, etc.. for end users. I've never seen them sell anything with resale rights where you can sell it to other people
 

phughes1980

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Jul 16, 2019
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Interesting what software did you buy? Was it a plugin? I've toyed with WP plugins for a while. Would be good to "fast track" by skipping the development process
 
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Adrien Msx

Adrien Msx

New Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Sep 18, 2018
20
19
19
Los Angeles
Am I missing something here? Codecanyon/themeforest and their other sites sell software, plugins, themes, etc.. for end users. I've never seen them sell anything with resale rights where you can sell it to other people
Some resellers doing it.
 
OP
OP
Adrien Msx

Adrien Msx

New Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Sep 18, 2018
20
19
19
Los Angeles
Interesting what software did you buy? Was it a plugin? I've toyed with WP plugins for a while. Would be good to "fast track" by skipping the development process
I cannot tell you right now. It is not a WP plugin, they are SAAS ready only, but of course you can buy a plugin, a tool and convert it into a business.
 

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