691–700 of 713 posts
~$2k/mo from an informational hobby-related website I run and monetize with affiliate sales. Growing, too!
Are you able to keep it enjoyable? Invariably when I ask people who run hobby-based stores selling things like toy trains, comic books, or stamps, they tell me it's no longer fun to them.
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> I purposely set expectations low by saying it may take a little sanding. That lets me over-deliver since it's usually a perfect fit. Wow. This is genius. You should write a click-baity blog post titled "This Weird Trick will always get your products 5-star ratings"
I think "over promise and under deliver" has been part of business for far before any of us were around :) Or spoken in more buzzword silicon valley speak - you have to set customer expectations and then aim to exceed them.
I've dealt with quite a few vendors who over promise and under deliver...
Previously, as a developer evangelist with Twilio, I had to know the tech events and tech leaders in my local community. While I didn't figure out a repeatable approach then, in late 2015, it hit me. I built a bot network that reads tech events - mostly meetups, some conferences and workshops - for a given city from a variety of sources and tweets them. I use machine learning to determine hashtags, time of day to twe…
Been trying to do this for years, never really succeeded. In 2016 i've relaunched https://www.interssl.com/en/ but when i'm being honest there are just too many support incidents. So i just can't call it passive income anymore - even if that was the initial idea. The margin of sales without support basically just covers the cost for the orders that require heavy support. Remaining income is basically blown for advert…
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He says: Earn a lot, spend little, invest the difference. Once the revenue of your investments covers your spending, retire. That's what he's saying. And the key is indeed living frugally, which makes it all easier. And yes, he rents out houses, that's his investment. I don't see anything wrong with this. If everyone was a landlord, then that would be a pretty bad investment now would it?
I disagree with his wealth appropriation and the idea that he is somehow living frugally whilst relying on that appropriation. Fundamentally we cannot all claim the labour of others using the system to force their hand.
What does this even mean? He is providing a good/service, and people are willing to pay him for that good/service. He's not living off the pain and suffering of others...
I want to be able to invest in solar projects. These projects often have internal rates of return of 10%+. However, this involves 20 or 30 year contracts to buy power from you after you have made the initial investment to purchase /rent land and install the panels. Wish there were a way to securitize those deals & allow us to trade them like bonds.
Look at solar yield cos, the well structured ones just own the revenue stream
I've got some PEGI, which is mostly wind power that has less of this conflict of interest.
However, I'd much prefer to simply invest directly in a solar project via a notes (lending club) sort of mechanism. Allow me to sell the notes on an aftermarket if I suddenly need money for another reason.
Using Lendingrobot - an automated p2p lending service
I'm going to end up LOSING MONEY as many of LC's loans are going delinquent.
Joy.
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I think "over promise and under deliver" has been part of business for far before any of us were around :) Or spoken in more buzzword silicon valley speak - you have to set customer expectations and then aim to exceed them.
> "over promise and under deliver" I've dealt with quite a few vendors who over promise and under deliver...
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This isn't necessarily true. The US dollar is actually increasing in value as people want their money to be safe. If Trump does bring back American jobs, meaning less jobs in Asia, the dollar buy will continue, depressing Asia and strengthening the US for now. But you're right, the OP definitely needs to tread lightly with property and the contracts. The devil is always in the details.
The unemployment rate in the US is 4.9% which is basically full employment. Now sure there are a number of people who don't report and those who wish to work more. But I don't think it's going to be easy to get those people back into work. Most are either in industries that are disappearing due to automation. Or they lack the skills/training to re-educate themselves. And without tariffs (which will impact exports) th…