I wanted to share my SaaS brokering business with you guys. I started this business 30 days ago with only $150 of working capital. Not because I'm broke, but because I prefer to use the lean startup method when testing new concepts. I spent the $150 on getting a website up (domain and hosting), Yesware (gmail plugin), a decent looking theme for my Wordpress site and maybe a few other things I'm forgetting... the key takeaway is that almost ANYONE could start this business without needing to have a lot of money.
Here is the concept: take a social media automation tool, rebrand it by creating a new website and reselling the service to small businesses across U.S. and Canada.
I'm able to take a service that costs 9.99 to 24.99 per month and resell it to small business owners for $199 to $149 per month. Since I'm selling a automated SaaS product there is basically no work besides minor maintainance after setting up each client account.
Here is a screenshot of what I've been able to produce in 30 days:
I know the numbers aren't astonishing but most of that 30 days was spent:
-finding a way to generate lots of leads
-figuring out my cold email strategy
-creating an onboarding process for new clients
-Learning how to handle software malfunctions while client campaigns are running
Now that I've dialed my operations and ourteach system in I'm ready to scale and wanted to share my journey here with you guys.
Feel free to ask questions and stay tuned for more updates!