151–160 of 171 posts
I translated some well-regarded public domain works into English. I make around 2-3k a month from the ebook sales. If you find niche areas of interest or research it can be quite lucrative. Of course you invest the time to translate but I find it rewarding and less like actual "work"
http://emailmeapp.net http://www.digitalphotoframeapp.com https://www.peopletrackerapp.com
I built https://dependabot.com to be passive, but ended up going full time on it (the startup I was working on feel through). Generates $9k/month passively, but I put my full-time energy into growing it (adding new languages / improving support for existing ones).
I built https://dependabot.com to be passive, but ended up going full time on it (the startup I was working on feel through). Generates $9k/month passively, but I put my full-time energy into growing it (adding new languages / improving support for existing ones).
Started an online course on algorithmic trading at https://algotrading101.com and some Udemy courses 4 years ago. Revenue peaked at $20k/month 2 years ago and is less than half of that now. That's probably because my SEO rankings plummeted this year, and that people seem less and less eager to pay for online courses. Maintaining the course is quite passive (answering students' questions by email) but growing revenue…
Did you ever feel imposter syndrome about teaching? Are you qualifications ever questioned? Do you think anyone with a self evaluated passion and knowledge of a subject can teach a course online? How did you entice people tk buy your course? How did you market? Build a reputation?
Many online teachers think they are not good enough because they compare themselves to the top 1% in the field. But even if they are far behind the top 1%, they are far ahead of the bottom 50% and their teaching is still valuable.
Sometimes, they turn out to be better teachers than the top 1% because they are nearer to their students level and can empathise and hence teach in a more effective manner.
2. Rarely. Some students ask for my trading background and performance. I'll tell them the truth. Don't be afraid they will think you are under-qualified. If they do feel that way, they won't enroll and move on. There are plenty of people who will enroll in your course regardless of your qualification (I only realised this after I started teaching).
3. Yes.
4. I did an interview piece, you can find more info on how I started there: https://hackernoon.com/founder-interviews-lucas-liew-of-algo...
Started an online course on algorithmic trading at https://algotrading101.com and some Udemy courses 4 years ago. Revenue peaked at $20k/month 2 years ago and is less than half of that now. That's probably because my SEO rankings plummeted this year, and that people seem less and less eager to pay for online courses. Maintaining the course is quite passive (answering students' questions by email) but growing revenue…
What's the split between your site and your Udemy courses? Udemy seems tempting due to reach and discovery, but their eternal $10 "sale" doesn't give me an encouraging feeling about the cost/benefit.
If you want to succeed on Udemy, you need multiple courses and cross-selling. It will be good to partner a current Udemy instructor for your first course and build on top of his audience.
Revenue from Udemy is generally on the decline. But nonetheless, you can always start on Udemy and branch out to your own site later. I did that.
Real estate. The downstairs apartment gets me a cool $1700 a month for almost no work. If you're going to buy a first house, it's worth it to go for a multifamily; up to four units you can still get in under FHA, you just have to live in one for a couple of years.
Until they stop paying rent and trash the place and squat and sue you for any imperfection such as accidental loss of heat in the apartment, while simultaneously not letting the boiler repairman in the house.
Strong lease agreements, property management, and vetting the right tenants will avoid 99% of these issues... but you can only do so much to prevent these issues from arising. I account for 3-5% vacancy every month as part of expenses and don't touch that money for this very reason.
Earlier quoted context omitted.
Cant collect damages if the tenant is flat broke :/
Yeah, that's the problem. Tenant stops paying, illegally sublets the place, then disappears, and by the time you finally got their stuff out you've lost a year of rent and had to pay their utilities. It's not that common, but it's a possible outcome, and a contract won't help even a little bit.
I translated some well-regarded public domain works into English. I make around 2-3k a month from the ebook sales. If you find niche areas of interest or research it can be quite lucrative. Of course you invest the time to translate but I find it rewarding and less like actual "work"
Interesting. Could you provide an example?
I translated some well-regarded public domain works into English. I make around 2-3k a month from the ebook sales. If you find niche areas of interest or research it can be quite lucrative. Of course you invest the time to translate but I find it rewarding and less like actual "work"
which?