There is one person (Rob Percival - google him) who is making millions on udemy teaching people how to program. Not sure if it works for everyone, but lots of people seem to be trying. There are literally thousands and thousands of courses on udemy.
Ask HN: Your Passive Income Suggestions?
141–150 of 236 posts
Re: Ask HN: Your Passive Income Suggestions?
#142Earlier quoted context omitted.
It's worth noting that the money received from the peer-to-peer lending counts as income, and hence can be taxed quite highly if you're already a high-income individual and/or live someplace with a state income tax. I invested a moderate chunk of money in lending club, and I don't regret it, but between the defaults and early payoffs, I ended up at around ~8% return, and then had to pay income tax on that 8 percent,…
If you re-invest the returns are you still taxed on them?
Yes, the payments are interest, so you need to pay tax on these even if you reinvest in further loans.
Re: Ask HN: Your Passive Income Suggestions?
#143Some overarching takeaways: - niche sites with Google ads is a fading path, but still can work if you hit a good market or produce evergreen content - selling niche e-books through Amazon or direct seems to be a decent option, but is a lot of work unless you can produce quickly and have a feel for the topic - apps are dangerous because discover is nearly impossible. If you want to make apps, make quick little ones be…
My personal opinion is to make niche B2B tools.
How does one find what to make? That is actually a harder problem to solve than making the tool itself
Re: Ask HN: Your Passive Income Suggestions?
#144I made a website with a free exercise to learn to type faster: http://www.learn-2-type.com ...sadly a lot of people are using ad blockers
I turned off my ad blocker for you site, and clicked on the ads. Hopefully you get 2 cents.
On the other hand, another person lost 5 (or 10) cents.
Re: Ask HN: Your Passive Income Suggestions?
#145* Apps with ads in them. Easy enough to churn out, but decreasing revenues and most of the high earning adverts are the scummiest. Low value and of low moral usefulness. * Solar Panels. In the UK, the government pays you per kWh generated. Needs an upfront investment, but stable income and you reduce your own energy bills. See http://shkspr.mobi/blog/tag/solar * Renting out property. Needs a much larger initial inves…
I have had some success in affiliate marketing using an approach that I think many on Hacker News could duplicate. I launched my Amazon affiliate site about a year-and-a-half ago and its earnings have increased by about $100 per month with December being the first time I earned over $2,000 in a month. The approach is to find a type of product where Amazon has thousands of listing but the specifications are not very a…
Did that entail a lot of hand entry of product information?
(considering that Amazon was, as you said, lacking specifications)
Re: Ask HN: Your Passive Income Suggestions?
#146Earlier quoted context omitted.
> Apps with ads in them. Easy enough to churn out, but decreasing revenues and most of the high earning adverts are the scummiest. Low value and of low moral usefulness. I assume that by apps you mean native mobile apps. Anyone know how ad-supported mobile apps stack up against web apps? On the one hand, there's no such thing as ad blockers for native apps. On the other hand, web apps run on more platforms out of the…
I don't have direct experience on the hosting question, but I have often though that if you could come up with the purely simplest way to allow a small, local business to create a one-page website, they would pay $30 a month for the service. Better yet, target a specific niche – Restaurants, spas, landscapers, etc. You could then have a dead-simple template they could type their info into. Not gonna win any design aw…
maybe a facebook page works better these days though
Re: Ask HN: Your Passive Income Suggestions?
#147Earlier quoted context omitted.
I don't have direct experience on the hosting question, but I have often though that if you could come up with the purely simplest way to allow a small, local business to create a one-page website, they would pay $30 a month for the service. Better yet, target a specific niche – Restaurants, spas, landscapers, etc. You could then have a dead-simple template they could type their info into. Not gonna win any design aw…
maybe a facebook page works better these days though
Good point. Probably the best option for many types of local businesses.
Re: Ask HN: Your Passive Income Suggestions?
#148Earlier quoted context omitted.
I have had some success in affiliate marketing using an approach that I think many on Hacker News could duplicate. I launched my Amazon affiliate site about a year-and-a-half ago and its earnings have increased by about $100 per month with December being the first time I earned over $2,000 in a month. The approach is to find a type of product where Amazon has thousands of listing but the specifications are not very a…
Did that entail a lot of hand entry of product information? (considering that Amazon was, as you said, lacking specifications)
Yes it did. I have spent a lot more time researching and documenting specs than I have writing code. The good news is that I don't mind that type of work. I often build spreadsheets for fun to compare things I'm thinking of buying so I just took that to another level.
Re: Ask HN: Your Passive Income Suggestions?
#149Paint pictures of people's dogs. Yep, a little bit of painting is involved, but painting is fun, right? There is an inexhaustible supply of middle class people wanting pictures of their dogs painted and they are prepared to pay proper art prices for competent or in-style renditions of their dog in some picturesque scene. Since we are not dogs* and are people, poor painting is not so obvious and efforts get well recei…
While I like painting and I like dogs, this is quite literally the opposite of "passive income".
Get someone to do it for you and automate the ordering and fullfilment part. Upload pic of dog, pay online, send email to painter with shipping info, painter fills online form with picture of result + tracking code upon which she gets money in the bank. Passive.
Re: Ask HN: Your Passive Income Suggestions?
#150I made a command generator for Minecraft. It earns somewhere between $300 - $500 $NZD per month (adsense). It's a passive income because even when I go months without working on it, I still get paid. But what I would like to know is how to make it earn about 10x more. So I can quit my main job and then just make more cool stuff for the web.
I believe it's at the peak of what it can earn. Also about 25% of users have adblocker.