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Ask HN: Those making $500/month on side projects in 2021 – Show and tell

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251–260 of 866 posts

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#251
post #113

I run an e-commerce store as a side-hustle: https://drinkyourdailywater.com/ We sell glass water jugs targeted at desk workers, to help remind you to drink enough water. I created it because I wasn't drinking enough water. Running paid ads has been very hit or miss, and I don't have a knack for the marketing. But word-of-mouth has been good for us and we get the odd corporate sale here or there.

this is pretty cool - if i could ask, where do you find a manufacturer to help you produce this? also, is fulfillment ran inhouse?

I found a factory on Alibaba. I started with a list of about 40 factories that seemed legit and might accommodate a small order (MOQ in their terminology). Since it was a custom shape that I wanted, I shared my designs, and after a bit of back and forth, I eventually settled on 4 factories. I paid for a sample from each, and one factory was far superior. I then had to negotiate down from a MOQ of 2000 units to eventually do a first order of 200 units. Once that one sold out, I ordered 400 units, and now I order 1000 units at a time.

Fulfillment is done in house (I live in Toronto), and the warehouse is my basement!

Happy to answer any other questions :)

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#252
post #219

I own 4 shares in the S&P 500. I developed trading strategies to sell my shares and buy them back at key points using Fibonacci retracements. Best business ever. And if I leave it it still makes money. I’m nowhere near $500/month but learning to trade simply has taken me years and I’m very proud of my smol accomplishment.

Technical analysis is snake oil. Don't believe in it.

You have finance and quant in your profile bio. Is quantitative finance not a form of technical analysis?

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#253
post #10

I have an android app ( https://play.google.com/store/apps/details?id=com.algeo.alge... ). It brings in right around $500 a month. It is fun to develop, especially that I can dabble into frontend and UI design which is quite far away from what I'm doing daily. Interestingly, it used to bring in much more but the heydays of apps are over.

This is really cool. Thank you for sharing. It's kind of shocking though that 1 million downloads equals "only" $500 in ad revenue. I would have expected a much higher value. May I ask what the install base is?

TIL the number represents how many times an app has been (re)downloaded, not how many active users it has!

Makes perfect sense really... especially considering it's so easy to assume "downloads" = "users"...

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#254

I created a game wiki site ten years back. I started optimizing it for SEO this year, and am about to pass $900/month. My goal is $1k/month. It's super passive and I don't do much. Tech stack: Static site hosted on S3 (less than $1 a month) and Cloudflare for CDN.

How do you build a wiki as a static site?

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#255
post #70

Earlier quoted context omitted.

I am working on a program to backtest it. Honestly, I still have much to learn. I do things visually. So I take the little fib retracement chart tool in trading view and make the anchor at the beginning of a price movement and align the lines to the closing prices of significant support/resistance (defined mathematically as any 5 bars such that the the middle bar has the lowest low or highest high in like pyramid for…

I'm sorry to say you're seeing the future in tea leaves, but I guess you're learning some stuff along the way.

I lost about $3k doing algo crypto trading (all of that to fees - without fees I made money! aha) but learned a ton about different programming concepts and had a lot of fun.

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#256

I designed a healthier men's dress shoe and was able to gain close to $100K in preorders in a Kickstarter this past September; https://www.kickstarter.com/projects/oaka/oaka-the-worlds-he... . Hopefully it doesn't stay a side project for too much longer, fingers crossed.

Any takeaways from such a successful Kickstarter? Or helpful resources?

I launched a successful Kickstarter a few years ago. Getting press coverage is critical, but it's difficult to get press to cover something that isn't yet available. To overcome this catch-22, you can (1) have a product that is somehow attached to a current trend in the news, or (2) have enough progress that you can convince journalists that it's not vaporware.

It also helps to have an existing network that would be interested, for example from a related product.

There are companies that you can pay to do marketing. I didn't use one of those, since it seems like many of them probably suck out all the profit from any Kickstarter that actually succeeds. But I imagine some of them could be good partners, depending on what you're making.

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#257

I have an Etsy store where I sell my illustrations. It doesn't make $500 every single month, but averaged over a year it is around that mark. I think I could grow the sales if I spent more time on it :-) https://www.etsy.com/shop/rithmdesignco/

You could make more sales, and grow your audience if you streamed the creation process. I'd love to watch you put one of these together and would pay for that.

Hey, thanks. I appreciate the idea...putting them together is an interesting process involving both design and math :-)

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#258
post #199

I work in a large corporate/enterprise company doing marketing/tech work. Started dabbling in freelance consulting/paid interviews and found I can easily get in the $500-$1,000/hr range. So, been doing a few sessions a month and earning a couple thousand in extra cash. Not bad and met some interesting folks/companies in the process!

How do you get around conflict of interest disclosures in your main job?

I've wondered how much of a conflict of interest when buying public stock of competitor would have more impact than a side-gig.

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#259
post #26

Earlier quoted context omitted.

Wait, it's possible to have an ad locker on iOS safari? I thought this thing is impossible and unlock etc don't exist on iOS.

Since iOS 12 or 13.

The GP comment is an app for macOS. Do you know of any good, reputable blockers for iOS?

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#260
post #219

I own 4 shares in the S&P 500. I developed trading strategies to sell my shares and buy them back at key points using Fibonacci retracements. Best business ever. And if I leave it it still makes money. I’m nowhere near $500/month but learning to trade simply has taken me years and I’m very proud of my smol accomplishment.

Technical analysis is snake oil. Don't believe in it.

I tend to think this is true. I also tend to think that enough people trade based on technical trends that it should be possible to make money by predicting their behavior.

But it may not be possible for mere mortals to do this — perhaps all the profit is sucked up by HFTs with supercomputers.

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