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In this video tutorial, Adam Dukes explains how to start your own software company for less than $100 by white labeling existing software. White labeling involves taking software created by others and labeling it as your own. Dukes provides examples of white label software options and a tool he personally used for email marketing. Building a software business can be a lucrative opportunity for entrepreneurs looking to escape traditional employment and enjoy more time with their families, making it a popular choice in the online business world.