Live data from Hacker News

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

news.ycombinator.com

241–250 of 289 posts

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

#241

I have a free website/webapp in the education space that does about $90k/m right now (2012-2013 school year) while school is in session, and grows about 2.5x each year. Revenue is 100% Adsense. I'm happy to answer any questions that don't give away what the site actually is.

How much time did it take you to get to $90K/m mark or how old is the site? How do you market something like this, just SEO?

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

#242

In august I made about $122,000 from display ads, mostly Adsense. 5-10% of that is spent on stuff like server space and freelance employees. I can imagine that this will not be taken seriously due to lack of details, but for anyone interested, I'm open to answering non-specific questions. Edit: I see 'from what' is also the question; I have a bunch of entertainment related sites.

where do you find good freelance employees? Do you have many writers under your wing?

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

#243
post #238

Earlier quoted context omitted.

It gets added to the cart and it doesn't matter if they checkout then or not, as long as they don't remove it from the cart. If they come back within the next 89 days and end up purchasing it, you will get credit...

What if they add other items on day 80? Do you get credit for those items too?

No, you don't get credit for additional items between when your item is added and checkout. However, if they come back to Amazon from someone else's affiliate link, and your item was already in the cart, you retain the credit.

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

#244
Just launched, $0/month . Breeze ( http://letsbreeze.com ), a simple agile project management tool.

It's kind a hybrid between Trello and Basecamp (yes, the interface design is influenced by Basecamp, but it kicks ass :) )

Basically it's a Kanban board with added time tracking and reports.

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

#245

Earlier quoted context omitted.

Now that I have your attention.. my site: http://www.golfingstat.com Should I quit it (brokeback style), spend some time making it mobile + setting a annual fee and trying to find the magic adwords amount to grow my userbase without losing money or keep on keeping on (trying to make some ad revenue with my current userbase of 150ish)

I think there's definitely a market for this type of tool if you target it correctly. I'm only a casual golfer, but my dad's a golfing nut. He plays everyday with likeminded golf nut friends, and they all track and talk about their stats to varying degrees. They also watch golf on TV and play fantasy golf leagues. I could see my dad and his friends getting utterly obsessive about a tool like this if it was done right…

I agree with a lot of the points here.

Also - I think you should work on your slide show content and the headlines. Title's such as "Golf Stats" and "Golf Handicap" will not inspire your users. Hit them with something more interesting and thought provoking.

Your main heading might be the first thing your potential customer reads so make it memorable.

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

#246
post #27

I generate about $1K-$2K a month in passive income. I spend approximately zero hours on maintenance every week, and I bootstrapped it while holding down a full-time job. It took an extra 5-10 hours per week for about a year. Here's what I did: a) Got a job at a major software company for very high comp. b) Spent an extra 5-10 hours a week working intelligently at my full time job; got promoted. c) Invested the salary…

Very interesting! I've been wanting to investigate this kind of thing for a while but just don't know where to start. Can you point me to any resources that will give me a good grounding in investment? In what way did you invest in real estate? How do you choose what to invest in? Would love for some direction here, would be very much appreciated

My aim is actually not to spend very much time on investing. Investing is not my area of specialization and I want to enjoy a high quality of life. I take advantage of division of labor to monetize what I do best--software development.

In a past life, I read many books on investing, primarily Jack Schwager's Market Wizards and my personal favorite, Reminisces of a Stock Operator. There's a lot of interesting stuff about the markets--game theory, behavioral finance--but unless you're going to spend a lot of time on it, the markets can be approximated as casinos for which you do not have an edge. Best to put your money in small and mid-cap index funds.

Similarly, most consumer real estate investments take a lot of time to manage (rental properties), so I've focused on my home, something which I would have to maintain anyway. In this climate you can get a loan so cheap you're best off putting as little down as possible and investing the rest. But you may want to buy a house within the next year or so as a hedge against inflation and to take advantage of the unholy combination of low interest rates and a relatively cheap housing market. If the Euro cracks or the Fed ends up printing money, we may find ourselves in an inflationary environment. If you have a fixed rate loan, you're golden--your income will rise with inflation, but your monthly payments will not, cheapening your debts.

Overall, my advice is to focus on setting up some compounding investments very early in life. Many people dabble in all kinds of things, like entrepreneurship, as a youth because they're fun. It's important to have hobbies, but for things that really matter, you can't afford to fool around. For example, I could join Y Combinator straight out of school and spend two years at a startup eating Ramen, or I could join Google and eat Ramen. If I did the latter, I'd have $50K in my 401Ks and up to $150K in other investments. Invested wisely, proceeds from those two years will give you $4M of today's dollars at retirement, even if you don't invest another penny--a nice safety net which will allow you to do riskier things later on in life. Entrepreneurship is a lottery ticket which is likely to fail. There are only so many good businesses (born of confluences of macro trends) out there, and it's hard to be in the right place at the right time. You could try to get lucky and end up scratching a living out of hardscrabbble, or you could use your talent to rise within the few companies which are actually printing money, and then let your dollars work for you.

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

#247
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…

Just a heads up the top recipe link on http://www.theyummylife.com/recipes/browse/Appetizers_%26_Sn... seems to just redirect to the homepage (maybe an error?)

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

#248
post #238

Earlier quoted context omitted.

What if they add other items on day 80? Do you get credit for those items too?

No, you don't get credit for additional items between when your item is added and checkout. However, if they come back to Amazon from someone else's affiliate link, and your item was already in the cart, you retain the credit.

Thanks for the info!

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

#249

I created FRUJI.com (Twitter Analytics service) and it keeps generating a minimum of about $50 a day, sometimes (often) more. It's fully self-maintained (unless the server or database crashes), which is just purely amazing. The machines sell, process the orders, upgrade, and provide the customer experience. All I did was programming it. I go for a run, my phone rings a couple of times, I look, PRO account purchased,…

I think your pricing is really low. Even for the Pro plan, you're offering quite a bit of benefits so you can definitely charge more. $25/year is too low. It should be a monthly-recurring charge, something like $9.99/month for the Pro plan would do.

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

#250

In august I made about $122,000 from display ads, mostly Adsense. 5-10% of that is spent on stuff like server space and freelance employees. I can imagine that this will not be taken seriously due to lack of details, but for anyone interested, I'm open to answering non-specific questions. Edit: I see 'from what' is also the question; I have a bunch of entertainment related sites.

Do you have a strategy of how you built up your network? I'm really curious about how you started, and how you'd pick the right idea to pursue.
Post reply on HN