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Ask HN: How can I make an extra 30-50k a year?
21–30 of 96 posts
Re: Ask HN: How can I make an extra 30-50k a year?
#22Start by asking for a raise, a 15 minute conversation can usually net you a decent chunk of change. After you get your raise phone some recruiters, ask for more from the new company. If you get a raise and another offer you've probably got your 30k.
Agreed with pash. You make it seem like the OP should ask for a raise, get it, then ask for another raise after getting more offers. No employer will look favorably upon asking for two raises in quick succession.
The first raise is leverage for the exit. If you have to get an offer before you can get a raise you should just take the offer.
Re: Ask HN: How can I make an extra 30-50k a year?
#23Mobile apps. Pick a few niches and research them and the apps. Slam out some MVP apps and see what sells. Go all-in on a bigger app in the best niche, even if you have to pay a developer and/or designer. Bonus: when you stop working on it, the app(s) keep making money for quite some time.
Re: Ask HN: How can I make an extra 30-50k a year?
#24Start by asking for a raise, a 15 minute conversation can usually net you a decent chunk of change. After you get your raise phone some recruiters, ask for more from the new company. If you get a raise and another offer you've probably got your 30k.
Fleitz' point is that switching jobs usually gets you a raise. Most people don't know how to avoid the "what is your current salary?" question, so the raise they get by switching jobs is pegged to their previous salary. Thus, get a raise first, then go fishing for another job. His point was not to get two raises from your current job!
Re: Ask HN: How can I make an extra 30-50k a year?
#25I would say not having a goal of "increase my income by 30-50K" might be a start.
Moneys not everything, it probably shouldn't be a goal.
Instead by focusing on making yourself happy you'll be better off and probably be earning more.
Just a theory.
Re: Ask HN: How can I make an extra 30-50k a year?
#26Earlier quoted context omitted.
This is the easiest and most foolproof option. But reverse fleitz's chronology: first get another offer, then go talk to your boss. Edit—To imsofuture's point below: Yes, come to your employer with another offer that you would actually take, but with a real preference to stay (otherwise, just go). Ask for a raise, and if the discussion doesn't go anywhere, describe the decision you face between more money elsewhere a…
Don't do this. Well, do this, but don't use your offer as a negotiating chip -- use it as a backup plan if you don't get a raise. You will be the first up against the wall if you accept a counter offer to stay.
Not up against a wall. You'll be out the door as soon as your replacement is trained. You'll probably be the one doing the training, too. And then instead of your income going up, it'll go down to zero.
Re: Ask HN: How can I make an extra 30-50k a year?
#27Subcontracting could get you part of the way there. If we assume you keep your full-time job and have a restricted number of extra hours to devote, you could probably handle a mid-size project where you're managing/overseeing/architecting while subcontracting to 1-2 other developers that you trust. Depending on your margin, you could hit that range. I'd recommend sticking to local developers in your circle that you can work well with, as opposed to off-shoring, which has a higher margin but a higher probability of backfiring. It'd work well for your skillset since a lot of freelance developers don't tend to market themselves aggressively, and are happy to be subcontracted to.
I did this for a few of my own freelance projects - it worked ok, although I also found that as a solo freelancer, the clients that were interested in hiring me tended to have budget restrictions that made them nervous to commit to sums of money that necessitated subcontractors. So it was an occasional thing for me.
Re: Ask HN: How can I make an extra 30-50k a year?
#28I would say not having a goal of "increase my income by 30-50K" might be a start. Moneys not everything, it probably shouldn't be a goal. Instead by focusing on making yourself happy you'll be better off and probably be earning more. Just a theory.
Ah, the 'zen' theory of investment and earnings increase!
Re: Ask HN: How can I make an extra 30-50k a year?
#29You didn't state your current salary. If you are making $40k and want to make an extra $30-50k the answer will be very different than if you make $250k and want to make an extra $30k. My suggestion. Hire a maid. That will save you 8 hours a week. She (yes I'm sexist it will be a she) will make $15 an hour and work 4 hours saving you 8-12 hours. You can work at Radio Shack and earn $22 an hour. Working 12 hours a week…
Who spends 12 hours a week cleaning their house? Do you not have thumbs?
Re: Ask HN: How can I make an extra 30-50k a year?
#30You didn't state your current salary. If you are making $40k and want to make an extra $30-50k the answer will be very different than if you make $250k and want to make an extra $30k. My suggestion. Hire a maid. That will save you 8 hours a week. She (yes I'm sexist it will be a she) will make $15 an hour and work 4 hours saving you 8-12 hours. You can work at Radio Shack and earn $22 an hour. Working 12 hours a week…
Who spends 8-12 hours a week on housework, and $4000 a year at Radio Shack? I'm running through ridiculous scenarios in my mind to hit those numbers. I think I've just been nerd-sniped.