At textLIVING, we love seeing our sales partners embrace the benefits of white-label software and catapult their businesses to new heights. But we’ve also noticed recurring doubts that often hold entrepreneurs and sales pros back from experiencing all that white-labeling software can provide.
In our latest ProTalks by Joe session, “Demystifying White-Label: What it Really Takes to Run Your Business in a Box,” textLIVING CEO Joe Brannon took some time to highlight these common misconceptions and share real-world examples of entrepreneurs and salespeople who overcame them. In this article, we’re taking a deeper dive into those stumbling blocks that keep people from seeing the type of success that starting a white-label software company can offer.
3 Myths and Misconceptions about White-Labeling Software
Myth #1: You need a background in software or IT to build a successful white-label business.
The biggest misconception that prevents people from getting started is the idea that you need a technical or software background to venture into white-labeling software. At textLIVING, we’re on a mission to change that. The beauty of white-labeling is that you are partnering with a company with all the technical expertise. We built our program so that you can focus on your strengths, such as sales and marketing, while we handle the technical aspects, such as software development and maintenance.
This creates a powerful synergy, as you can leverage the other company’s expertise to build a successful white-label business. In fact, several of our white-label partners have no technical background whatsoever.
Myth #2: Being a white-label partner means being a reseller of someone else’s product.
Another misconception is that being a white-label partner is just reselling someone else’s product. This misunderstanding can lead people to miss the real opportunities and benefits of white-labeling. The reality is that a genuine white-label solution is far more than simply selling another company’s product.
At textLIVING, we like to say that a great white-label platform is like having a sports car without a driver. Once you decide to become a partner, you become the driver of that sports car. You can experience all the power and growth if you know how to drive it correctly.
As a white-label partner, you control various critical aspects, such as customization, pricing, branding, and customer relationships. This level of control and ownership distinguishes white-labeling from simply reselling software. We’ve discovered that offering this level of ownership is the best way for entrepreneurs and businesses to build their assets, grow revenue, and shape their market presence.
Myth #3: White-labeling software is an easy path to instant success.
While it’s true that some white-label partners can achieve significant revenue within their first six months, it’s essential to recognize that such accomplishments are the result of hard work, dedication, and consistent effort. It’s not a quick, effortless path to success. You’ll need to invest time, effort, and resources into your business to make it thrive.
If you are considering becoming a white-label resell partner, be realistic about your expectations. Instant success is not guaranteed. However, if you are willing to put in the hard work and dedication, you can achieve great things.
Looking to Start Your Own White-Label Software Business?
Many entrepreneurs and sales professionals hesitate to sell white-label software because of common misconceptions. But if you’re ready to learn more about how white-label software can help you achieve your business goals, you’ll want to check out our “Demystifying White-Label” Pro Talk. You also might enjoy exploring our session on how you can earn an extra $6,000 a month by white-labeling textLIVING.