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

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271–280 of 344 posts

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

#271
post #168

I have an email course (autoresponder) -> course sales funnel setup for Double Your Freelancing Rate which nets about $1-1.5k a day in sales, mostly on autopilot. This is by far the most successful funnel I've created for any of my products, and is performing really stinkin' well. Product: http://doubleyourfreelancing.com/rate/ Email course: http://doubleyourfreelancing.com/free-pricing-course/

You're making $365K-$500K+ on this annually?

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

#272
post #253
post #229

I sell math books and courses at http://betterexplained.com and on Amazon. It's about 3k/m currently, hoping to improve that with better landing pages, a/b testing, retargeting, drip campaigns, etc. [the patio11 playbook]. More details on how I got started here: https://news.ycombinator.com/item?id=870015

I bought one of your courses a while ago. nice work!

Awesome, glad to hear!

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

#273

Around $2k / month from real estate rentals after expenses. It'd be a little less if I hired a property manager to make it fully passive, but I actually enjoy doing the property management myself as it gets me away from the computer and exposes me to things I would never otherwise be involved with.

How do you find good tenants? Do your tenants tend to stay for long periods or do you have a lot of turn over? Thanks!

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

#274
post #99

Earlier quoted context omitted.

Hey Steven, I saw what your investing allocation was from your blog post 60% VTSAX, 25% VTIAX, 10% VGSIX, & 5% VBTLX Have you heard of betterment? https://www.betterment.com/portfolio/ What do you think of betterments portfolio strategy and allocation? For younger people they recommend 90% stocks 10% bonds.

Why Betterment over Future Advisor? I really like the latter, but haven't really looked into Betterment all that much.

They cost more. They charge .5 percent on assets vs betterment charging .15 if you have over 100k, and .35% if you dont.

They both do the same thing, tax loss harvesting and automatic rebalancing. That fee difference over 30 years assuming an investment of 20k per year and an 8% return could cost you like 400k - which is not chump change.

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

#275
post #271
post #168

I have an email course (autoresponder) -> course sales funnel setup for Double Your Freelancing Rate which nets about $1-1.5k a day in sales, mostly on autopilot. This is by far the most successful funnel I've created for any of my products, and is performing really stinkin' well. Product: http://doubleyourfreelancing.com/rate/ Email course: http://doubleyourfreelancing.com/free-pricing-course/

You're making $365K-$500K+ on this annually?

I just crossed $200k in sales since I (re)launched in May, so yeah - about that.

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

#276

Real Estate - Thanks to the financial crisis, I've been able to pick up some cheap real estate that generates cash flow. Currently, I'm making about $50k/year.

I've always wondered, when you try to vulture on cheap property during a crisis, are you able to secure financing at all or do you have to buy all-cash?

I'm not an American, so financing is a little more difficult but if you are willing to put down 25%, it's doable. With 50% down, almost anyone will give you financing. This is institutional financing...there's always private money with higher interest rates...they are much more flexible with the terms.

Cash is king. You can get better deals if you have all-cash and can close quickly.

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

#277

Earlier quoted context omitted.

I'll answer you as if you were serious, haha. For me, it was a serious medical issue that was partly psychosomatic. Exercise and meditation were just parts of the recovery, and afterwards they stuck around as valuable tools. For others? I recommend you stare death in the face and use that as motivation. One day you will be dead. Accept that. Then decide whether you want to idle through life letting your mind control…

I'm half-serious :) I agree that the first step is to build that willpower. But you need willpower to take that first step. How do you get that? If I was the kind of person to persist day after day doing meditation and exercise, I'm not sure I'd need to build willpower :)

The first step is the hardest. Typically people need some type of life/environment change in order to prod them into additional changes. Moving, getting a new job, throwing away your TV :) might be just the things to facilitate a change.

Unfortunately, friends often get in the way of that change. Few people do it on purpose, but if you suddenly find willpower your friends may feel bad about themselves and then try to pull you back down. You don't need to dump all your friends, but there is certainly value in evaluating each relationship and making sure it is positive and healthy. Some people you may decide not to see again (hopefully not), and others you simply decide to spend less time with. The saying I like to use is you are the average of the 5 people closest to you.

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

#278
post #151
post #139

Earlier quoted context omitted.

@zrail and just for anyone out there who wants a product idea. I really would pay for a book on the same subject but for ppl outside US and the first world. To setup and collect payments world wide outside those countries is a pain in the ass. Any book on that (or good services) deserve money & success.

One option is Boku[1]. Several companies I know use it to great success for non-credit-card, non-paypal payments. [1]: http://www.boku.com

How does one use it, though? Doesn't seem to have any signup page, unless I missed something (checked just now). Or is it only by invitation or something?

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

#279
post #278
post #151

Earlier quoted context omitted.

One option is Boku[1]. Several companies I know use it to great success for non-credit-card, non-paypal payments. [1]: http://www.boku.com

How does one use it, though? Doesn't seem to have any signup page, unless I missed something (checked just now). Or is it only by invitation or something?

I think you have to talk to a sales rep.

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

#280
post #97

My wife and I have an old website that makes about 1200 euros/mo from Adsense. No work on it in years. So many ideas, so little time.

Whilst I understand you won't want to share what the website is, can you give us an idea of how you went about picking the particular niche you choose, how you built traffic, how you wrote the content? I presume most of this is pure organic search engine traffic that is highly SEO optimised? Those are some nice figures. Have you not though about replicating this x100?

Thanks for asking!

"Have you not though about replicating this x100?"

My wife's family asks us that at least once a year.

We started the site a looong time ago, back when google dances were all the craze and SEO was just a baby. We worked hard building quality content around our theme in order to get pages indexed and were one of the first to market in this area. We ranked very well rather quickly, and started to get inbound links from university sites and courses where teachers linked to our content. As a result we get huge traffic relative to the work we put in. We were lucky.

Most of the traffic boost happened before AdSense existed. I remember when it came out and we got accepted. Seriously? We can make money off of this website? Advertising was never the intention, it was lead gen. Anyways, on went AdSense and lo and behold we made 80 cents that first week. I forgot about it for a long time until at some point we received a big cheque.

We have tried a lot of other things to monetize the traffic (lead gen no longer being necessary), but AdSense has always won. We have tried to build other sites to replicate this, but we were never able to luck out as we did with this one.

These days I would really like to do something more meaningful as well, rather than try to build an MFA site (not that this first one was, nor were many of the later ones; we always tried to tie the website into lead gen for a local company in some niche - friends, neighbours, family - using adsense in the hopes the site may be successful one way or the other).

WRT some of your comments, we didn't highly optimise the content, wrote most of it ourselves and the niche was our area of work. The main idea behind the content was building out the theme of our site, adding content related to the various aspects and explaining terminology, history and other details.

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