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Ask HN: What is your passive income 2020?

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Re: Ask HN: What is your passive income 2020?

#2
I've continued running my Elixir screencast business, and added on a 2nd product, which is a starter template for apps built with the Phoenix Framework. Neither is 100% passive.

The screen casting business means continuing to make a few new tutorials per month and making occasional improvements to its site. It sure pays a lot more per hour of my time than it did 18 months ago, though!

The starter kit is still in alpha, so there's a considerable amount of work to do. I'll be raising the price as it hits various milestones, though. Once it's "done", it will be mostly passive other than updating libraries.

Elixir is a rough market since it's very niche but still has a surprising number of authors, conferences and screen casters in its ecosystem who are also creating educational materials.

My MRR is fairly low, but it's just enough to cover my expenses living in Taiwan.

When I have the bandwidth, I'll launch another product which will be still more passive and it won't be limited to only Elixir devs. After that, the plan is to spend some money on outsourcing the editing of my videos and some routine social media tasks.

1) https://alchemist.camp

2) https://phoenixigniter.com

Re: Ask HN: What is your passive income 2020?

#3
I run https://www.checkbot.io/ myself while doing consulting.

It's a Chrome extension that checks multiple pages at a time for common SEO, speed and security issues. I started working on it initially to automate checks I was often doing manually while developing websites for others. Developers I worked with found it useful so I spun it out into its own product. I wrote the online guide on the website too that explains all the web best practices Checkbot tests which I'm trying to turn into an ebook as well.

Re: Ask HN: What is your passive income 2020?

#9
I am a serious practitioner of the FIRE (Financially Independent, Retire Early) philosophy. Over the years, I have accumulated assets in a very conservative portfolio. This portfolio has reached a point where it has consistently generated over 150% of my base salary for more than 5 years.
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