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Ask HN: How much recurring income do you generate, and from what?

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Ask HN: How much recurring income do you generate, and from what?

#1
The last thread by the same name got a lot of attention, but seeing as it's over a year old it would be interesting to hear from new people and also get updates from some people who posted in the previous thread.

Previous thread: https://news.ycombinator.com/item?id=2567487

Re: Ask HN: How much recurring income do you generate, and from what?

#2
Unfortunately you're probably going to get lots of old ideas anyway as no-one that has recurring (i'm guessing you mean Passive Income) will tell you their current stream. It's a Goose that laid the Golden Egg problem.

What I would recommend is reading up about different ways to make money, looking at things that other people have done in the past, then find ways to think up what niche you could fill.

After that its about getting it done.

Look up Patio11 and read his comments, that's a great start.

Re: Ask HN: How much recurring income do you generate, and from what?

#4
I wrote a simple android app which lets Virgin Mobile customers see how many minutes they have left on their account. [1] It is open-source [2], and I have optional ads. (I created the app without ads, and then added them in a later update with a note saying "hey, these ads are an experiment. You can disable them in the app's settings if you want, but otherwise, enjoy it!"

This generates between $60-$90 per month, depending on... well, I honestly have no idea what it depends on. Pizza money. And bragging rights.

This app is basically in maintenance mode though I have a lot of things I want to do with it. Android programming is so difficult, though (difficult documentation, impossible for me to figure out how to do anything gui-related) that it's been hard for me to really make big enhancements.

In fact, since going to Google IO this year, I'm no longer a VM customer! Might buy a cheap VM account to do maintenance on this app, which would still be profitable for me.

[1] https://play.google.com/store/apps/details?id=com.jaygoel.vi...

[2] https://github.com/poundifdef/VirginMobileMinutesChecker

Re: Ask HN: How much recurring income do you generate, and from what?

#6
A couple of years ago I started a food blog with my mom (www.theyummylife.com). She does all the writing, and I do programming, design, and monetization. I spent a lot of time setting it up originally, but now it only takes a few hours each week of my time. Right now we're making $5000-6000/month after expenses, and I get 40% of that.

My main business (a bootstrapped SaaS startup) generates more than that, but the profits are mostly being reinvested back into the company, so I don't think it qualifies as passive income.

Re: Ask HN: How much recurring income do you generate, and from what?

#7
post #6

A couple of years ago I started a food blog with my mom (www.theyummylife.com). She does all the writing, and I do programming, design, and monetization. I spent a lot of time setting it up originally, but now it only takes a few hours each week of my time. Right now we're making $5000-6000/month after expenses, and I get 40% of that. My main business (a bootstrapped SaaS startup) generates more than that, but the pr…

That's awesome, congratulations! Do you manage the PPC and stuff too? SEO?

Re: Ask HN: How much recurring income do you generate, and from what?

#8
post #5

At the moment: 1. 1,108.00 --- VA Disability 2. 100.00 --- Client retainer 3. 934.00 --- Social Security (starting in October) Total: 2142.00 Analysis: It is good to like Ramen Noodles! --hsm

Not to downplay your pain: I would love to get $934/month for SS! I've maxed out contributions for many decades but will probably get less than $500.

Re: Ask HN: How much recurring income do you generate, and from what?

#9
post #5

At the moment: 1. 1,108.00 --- VA Disability 2. 100.00 --- Client retainer 3. 934.00 --- Social Security (starting in October) Total: 2142.00 Analysis: It is good to like Ramen Noodles! --hsm

Presumably that's gross take home in USD? Arguably not "generated" income except the retainer.

About €1600 EURO, £1250 GBP.

How many are you supporting on this income?

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