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

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

#291
post #75

Conferencebadge.com(+Leanticket.com) started in January 2013, generates ~$36k / month and growing. Interesting to note we were reject after interviewing in SF for YC S2013. We are a team of four working on this. Mostly part time, customer support, fulfilment with partners. The money from this enables us to focus most of our time on a newly not announced projet, which we plan to launch in spring 2015. We plan to apply…

really awesome, thanks for the inspiration.

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

#292

Just wanted to add a note: Most people who aren't making anything won't be posting, so results will be drastically skewed. So for anyone here getting discourage because they think their a minority - think otherwise (And then get back to work on trying to get your own setup ;))

It's been several years now that I'd like to launch a few side projects. But contrary to the crowd here I'm just a normal human : when I come home I'm just exhausted and / or want to do something else than coding. I could use the extra cash though. This month I even tried placing bets on soccer and tennis and failed miserably.

In my experience, once you get something out there and see even a small number of people enjoying it, it's pretty hard not to be motivated by it!

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

#294

I've never participated in one of these before...deep breath. * Ebooks - I publish under four different names; the big alias I've been making $100-$400 dollars per month for several years. A few months I made over a thousand, but I haven't published anything new in months, thus the drop. Sales via Amazon (90%), Smashwords, BN, etc - I'm not on Google Play yet but on Apple, which is about 5x bigger than BN now. * Adse…

I've been kicking around the idea of writing something but I'd like to do it under my real name and so I'm paralyzed by the fear that I'll write something terrible and get bad reviews and it'll show up on my search results forever. Maybe I'm more afraid it'll just languish once it's written. I don't know.

Can you talk a little more about the ebooks? How did you choose a topic and could you point at a useful reference or two for how to market?

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

#295
I have done too many things in the past (which are now dead) to even remember them all.

My current project is making me a handsome $2-3 a week is an Andriod app for children. Money from admob. I am trying to slowly growth hack it in various ways.

One is to get translations done on fiverr.com to countries where it is popular.

An other is to think about improving my 'asking for ratings' UX so that I can compel people to give feedback and therefore improve the app, reduce the % of uninstalls.

This is based on a simple idea that the number of installs stabilizes:

Let new installs / day = N

Let uninstalls = U

Let % of uninstalls per day = P

Let total current installs = C

Then U = P * C

This is stable when U = N So when N = P * C

Therefore C tends to N/P

So for example 100 new installs per day at 1% uninstall rate = 10000 installs eventually and no more.

But get the % down to 0.1% is the same effect as getting 1000 new installs per day.

So this is part of my plan.

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

#296

I am making around $1500/month by freelancing on odesk where I work on max 2 projects per month(I am an undergrad student) and each project takes approx 4 days. Before that I was hired full time work from home(40 hrs/week) by a swedish company and was making 2500$/month for 3 months. PS: looking for full time remote work at startups, Pythonista web developer(flask/django)

What programming languages are the oDesk job in? I am also a student and need to start making some money freelancing.

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

#297
Ha not sure if this counts, but around a year or two ago I found out a cheap source of page rank which I pointed to one of my loans lead gen website which resulted in me ranking for some fairly decent money keywords. I was making few hundred a day for a couple of months before the website was penalized by Google.

I mostly dabble in whiter-hat stuff now but the progress is slow (but hopefully it lasts longer) and make a few hundred per month.

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

#298

Just wanted to add a note: Most people who aren't making anything won't be posting, so results will be drastically skewed. So for anyone here getting discourage because they think their a minority - think otherwise (And then get back to work on trying to get your own setup ;))

It's been several years now that I'd like to launch a few side projects. But contrary to the crowd here I'm just a normal human : when I come home I'm just exhausted and / or want to do something else than coding. I could use the extra cash though. This month I even tried placing bets on soccer and tennis and failed miserably.

It has taken me months to build up will power to the point where I can work on coding projects in my spare time consistently. Fail. And not care and keep carrying on.

Some ideas that may help:

1. Enter a hackathon. Group up with people and you will be compelled to code.

2. Train for a half marathon. Increase your endurance and your ability of will to keep to the training schedule.

3. Have children. Ironically the ridiculous overhaul this has has on my life has increased my resilience. Last night I got woken up 3 or 4 times. That's normal. I feel OK. Also the children will motivate you to the long term goal of having more time with them and not being stuck at work for so many hours.

4. Do the equivalent of having children - maybe take a second job for a while to get used to the extra hours.

5. Give up TV.

6. Give up Caffeine.

7. Give up Alcohol

8. Give up Socializing

9. Learn to get an itchy feeling on any day you haven't taken action. It's a horrible feeling that keeps me glued to the laptop.

10. Therapy. This should be for everyone not for just the very depressed etc.

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

#299

About $9000/month. I would say I am very good at what I do, but I am sick and cant be bothered to do business stuff. My nearest competitor just raised $10M. I do comparable stuff, but I am single person. So I found business guy (marketing cofounder) who takes care of everything and pays me flat fee. I live on tropical island and work in average 2 hours a day. Next year I will be probably better, so I am going to scal…

What kind of business are you in?

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

#300
post #35

Earlier quoted context omitted.

> https://www.masteringmodernpayments.com > Very cool. if you're helping people earn money, they will pay :) Is the high-end team options selling? Also what it the split between the mid-price and the lowest price? I'm trying to figure out the pricing for my book[1] so it (a) is dont-need-to-think-about-it-cheap, (b) doesn't devalue the book (if too cheap readers won't trust), and (c) interacts nicely with Amazon who…

The team option sells occasionally, mostly to agencies. Low and mid tiers have sold approximately the same number of copies, which means the mid tier brings in about double the revenue. Not sure what to tell you about Amazon. I don't sell there because I like taking 97% of my revenue instead of 30%, but for a math textbook maybe it would make sense. Do you market to math tutors? It seems like if you could get tutors…

I've been in contact with some tutors (and tutoring agencies), but the book is kind of competition to them. For $29 students get a lot of content, and will need less tutoring.

I'm thinking a good partner would be university departments who offer tutoring for free---the incentives would be there since they'll need to hire less tutors.

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