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Ask HN: What revenue generating side projects do full-time employees here have?

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Re: Ask HN: What revenue generating side projects do full-time employees here have?

#51

New account because I don't want my employers knowing. My sideproject on iOS and Android generates 1.1M a year. About 90-100k a month. I'm still employed because the app runs on its own, very low maintenance, so might as well get a salary doing something else and learn new things

My question is how do you still have employers when you're making 1.1M a year. Jeez.

It's by no means guaranteed to last, 1M is not enough to retire in Silicon Valley, and 1M pre-tax is ~0.6M after tax.

Re: Ask HN: What revenue generating side projects do full-time employees here have?

#52
post #8

A buddy and I started https://goatattack.com last year. It doesn't generate a ton of revenue but we enjoy it and people seem to like it. It runs itself at this point.

Do you need to have a company formed to accept payments?

Re: Ask HN: What revenue generating side projects do full-time employees here have?

#53

New account because I don't want my employers knowing. My sideproject on iOS and Android generates 1.1M a year. About 90-100k a month. I'm still employed because the app runs on its own, very low maintenance, so might as well get a salary doing something else and learn new things

I thought nobody but the big names were making money with apps ...

Re: Ask HN: What revenue generating side projects do full-time employees here have?

#55
post #43

Earlier quoted context omitted.

So like $350,000/yr after the 30% cut from the app stores, and additional 40% cut from state and federal taxes? yeah I'd keep my job too and look forward to those sweet tax deductions and getting all that extra social security withholding back

Where do you live that $350,000/yr isn't enough to live on?

the first question: do I feel like debating wealth inequality to get my HN karma back up?

naaaaaaaaaaaah

anyway, in silicon valley (or san francisco in particular) you could not retire on that. you could coast, but you couldn't use it to buy a house (or apartment/condo), the moment you make a downpayment you absolutely have to keep working to make the monthly payments

Re: Ask HN: What revenue generating side projects do full-time employees here have?

#56
post #44

Earlier quoted context omitted.

So like $350,000/yr after the 30% cut from the app stores, and additional 40% cut from state and federal taxes? yeah I'd keep my job too and look forward to those sweet tax deductions and getting all that extra social security withholding back

I'm having a hard time understand the point of this comment. Are you saying this is not enough money to live?

theoretically? no, I would have said that verbatim then

the comment broke down the parent comment's earnings in a way this thread wasn't currently pointing out.

Re: Ask HN: What revenue generating side projects do full-time employees here have?

#57
Me and the wife started https://arnestorp.se (Swedish) selling babynests about a year ago, along side two regular jobs.

It's been steadily increasing in sales volume to the point where my wife has cut some hours from her regular job to be able to keep up.

As she does all the real work (sewing) I've been able to focus on fun stuff like automating all the payment handling, bookkeeping, shipping etc.

Re: Ask HN: What revenue generating side projects do full-time employees here have?

#58

New account because I don't want my employers knowing. My sideproject on iOS and Android generates 1.1M a year. About 90-100k a month. I'm still employed because the app runs on its own, very low maintenance, so might as well get a salary doing something else and learn new things

I think the commenters are jumping to conclusion that OPs profit = 1.1M - 100k. Most of these apps have a big running cost and the profit is not so much as one imagines. Otherwise, OP won't be gainfully employed.

39% profit margin. Server costs $350 Google Cloud Hosted

Re: Ask HN: What revenue generating side projects do full-time employees here have?

#59

New account because I don't want my employers knowing. My sideproject on iOS and Android generates 1.1M a year. About 90-100k a month. I'm still employed because the app runs on its own, very low maintenance, so might as well get a salary doing something else and learn new things

Wow, congrats. Are you getting those numbers from selling new copies or through a subscription?

In-App purchase!

Re: Ask HN: What revenue generating side projects do full-time employees here have?

#60

New account because I don't want my employers knowing. My sideproject on iOS and Android generates 1.1M a year. About 90-100k a month. I'm still employed because the app runs on its own, very low maintenance, so might as well get a salary doing something else and learn new things

How do you have something like that going and remain anonymous? Is your name not attached to the product in any way?

Incorporate and use your corporation name as the App Store and Playstore publisher name
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