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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?

#81
post #77

Earlier quoted context omitted.

That would reveal who (s)he is.

Also, I don't think you should work for an organization that does not allow you to hack up projects on the side for fun! Unless you think they can prove that you used company equipment/time to develop this project.

They allow side projects, they have no problem with it, but when your side-project is more profitable and earns more revenue than the company itself, it can bit tricky to explain

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

#82

Earlier quoted context omitted.

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

Very impressive. What is stopping you from working on the product full time?

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

#84
post #77

Earlier quoted context omitted.

Also, I don't think you should work for an organization that does not allow you to hack up projects on the side for fun! Unless you think they can prove that you used company equipment/time to develop this project.

They allow side projects, they have no problem with it, but when your side-project is more profitable and earns more revenue than the company itself, it can bit tricky to explain

Also it hurts your position when negotiating pay & benefits and can give your colleagues a case of sour grapes.

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

#85

Generating about 16k/mo after about 6 months building an Amazon FBA business selling private label goods from Alibaba. Spend about 1 hour per week managing inventory, the rest (shipping, returns, support) is automated through Amazon and other various services.

I'm interested in something like this. May I pm you?

Yea sure, there is definitely a learning curve but simple once you know what to look out for.

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

#86
post #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.

Babynests seem to be a Nordic thing, I guess? Personally, I had never heard of them until I read your comment. For what it's worth, the US market seems to be quite unexplored, something you might want to consider. They look really cool, although there might be some safety concerns. I think that US pediatricians are currently unanimously recommending flat empty cribs / bassinets (no side padding or loose blankets) for newborns.

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

#87

Generating about 16k/mo after about 6 months building an Amazon FBA business selling private label goods from Alibaba. Spend about 1 hour per week managing inventory, the rest (shipping, returns, support) is automated through Amazon and other various services.

Do you dropship from Alibaba/Aliexpress or get a bulk shipment wholesale and try to offload the entire shipment and recoup costs and earn profit?

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

#88

Earlier quoted context omitted.

Certainly is amazing! I want to know the secrets to being such a good company and/or manager that you can keep someone earning 1.1m on your staff!

Lots and lots of work! Go home at 6pm, work till midnight. Eventually it paid off for me but a lot of times I thought it was just digging a hole to nowhere.

I think the GP was asking about how your company/manager is able to keep you working there.

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

#89

http://dummyimage.com does fairly well considering I haven't touched it since it appeared on Hacker News in 2010 https://news.ycombinator.com/item?id=1077013

How well does Carbon Ads perform?

Have you compared it against something like Google Adsense?

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

#90
post #12

I built a drop-ship site, it started as a way to play with some ideas I had at work. As a platform, I think it can scale pretty well... it has a super flexible EDI system allowing me to automate suppliers, inventory system, custom website, order management system, advertising feeds etc. It's built to handle thousands of suppliers, products, and orders, and has all the bells and whistles. But I only really make enough…

I attempted a drop shipping site as well, didn't go anywhere. Thankfully I used wordpress to set it up so not too much of a time waste, but only after building it did I realize its all about marketing your product. Not only that, the drop shipping suppliers are supplying to anyone that wants to do it, so there is plenty of competition.

I think drop shipping can be a very profitable business model, but it doesn't work for things with brand names. If you can google the product easily you're going to end up competing on price, and then the big guys with better pricing deals will win every time.
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