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Ask HN: What are your passive income sources?

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Re: Ask HN: What are your passive income sources?

#21

Post by GarrisonPrime »

morgante wrote: post #5

A stock portfolio that I've built through consulting profits is my main passive income source. Anything else is not really "passive." This probably isn't the answer you're looking for, but in my view the average developer is much better off simply selling their time at the maximum rate and funneling the profits into a well-managed portfolio. The median outcome for this is much better than the story on most passive-in…

You're assuming maximizing cashflow is the most important factor.

Some of us would be willing to have a lower standard of living (possibly significantly lower) if a passive income could provide that.

Re: Ask HN: What are your passive income sources?

#22

Post by umen »

xchefhatx wrote: post #6

I have a card game business that's aimed towards women, PoCs & the lgbtq community - groups who aren't traditionally served. Every couple of weeks I ship product to an Amazon warehouse and do a bit of advertising on Facebook. It brings in around $40k/mo and 3-4x during the holiday season.

What is the game send link

Re: Ask HN: What are your passive income sources?

#23

Post by [deleted] »

k__ wrote: post #19
VyseofArcadia wrote: post #18

I've got a savings account. Interest on that baby is getting me upwards of 30 cents a month.

I make about 50cents a month. But I hope to double it with a better investment strategy. -- edit -- I just looked at my depot and it seems like I made about 4€ last month. Well, guess retirement is near :)

[deleted]

Re: Ask HN: What are your passive income sources?

#24

Post by andrei512 »

I run https://www.weheartswift.com/ the first site dedicated to the Swift Programming language.

I've wrote a book that teaches people how to code in swift from the ground up. https://www.weheartswift.com/swift-programming-scratch-100-e...

I've also made an exercise platform similar to codeschool/codecademy/etc that is available as a mac app using playgrounds or online by using our swift sandbox https://www.weheartswift.com/swift-sandbox/

The site generates about 30k/year in revenue growing at a steady pace. Operating costs are around 10k / year for servers/software/subscriptions/marketing.

I need to spend about 2 weeks yearly updating the book/app to the last version of swift. I also spend about 5 minutes per day replying to customer emails. It's not that passive, but really close. (ignoring time spent developing products/book)

Re: Ask HN: What are your passive income sources?

#25

Post by deegles »

andrei512 wrote: post #24

I run https://www.weheartswift.com/ the first site dedicated to the Swift Programming language. I've wrote a book that teaches people how to code in swift from the ground up. https://www.weheartswift.com/swift-programming-scratch-100-e... I've also made an exercise platform similar to codeschool/codecademy/etc that is available as a mac app using playgrounds or online by using our swift sandbox https://www.weheartswi…

Any advice on writing a technical book? I'm thinking of writing one on developing for Alexa.

Re: Ask HN: What are your passive income sources?

#26

Post by jefflinwood »

I still get royalties from programming books I wrote about ten years ago - the content has been updated by other authors in the mean time, and the corresponding royalty split has declined, but I don't do anything active either.

On the not-quite-as-passive side, I have an iPad game that I had basically left out in the Apple App Store for several years, where it sold with no involvement or investment on my end. Only recently, Apple required all app developers to resubmit their older apps or face delisting - in my case, it involved updating cocos-2d to support the latest ARM architectures, and making a whole lot of changes for everything that had happened in iOS in the past couple of years.

I also run a small API-as-a-service, which runs on reliable infrastructure, and doesn't take much real work to monitor and/or run.

Re: Ask HN: What are your passive income sources?

#27

Post by rad_post »

JshWright wrote: post #10
introvertmac wrote: post #3

Earlier quoted context omitted.

Passive income: something that makes you money while you sleep(read it somewhere). Any examples, what type of businesses you are talking about?

I get paid to sleep on overnight shifts, does that count?

This is awesome!

Re: Ask HN: What are your passive income sources?

#28

Post by lloeki »

dorfsmay wrote: post #13
csallen wrote: post #4

I run https://IndieHackers.com where I interview developers/entrepreneurs about how they make money from their apps and projects. There are tons of examples there that fit into the "passive income" category as you define it ("making something that makes you money while you sleep"). A couple of good examples from the site: - park.io (from Mike Carson) makes $125,000/mo taking domain backorders; he essentually wrote to…

You're going to write a blog post on your site about how to make passive income, which you are doing by hosting your site about how to make passive income! I don't think it can get more meta than that!

Nitpick: meta is too much of a catch-all, mise en abîme is more apt here.

Re: Ask HN: What are your passive income sources?

#29

Post by mylons »

morgante wrote: post #5

A stock portfolio that I've built through consulting profits is my main passive income source. Anything else is not really "passive." This probably isn't the answer you're looking for, but in my view the average developer is much better off simply selling their time at the maximum rate and funneling the profits into a well-managed portfolio. The median outcome for this is much better than the story on most passive-in…

if you've never consulted before, how do you "start"? cold emailing people for freelance gigs that you see on hackernews doesn't usually parlay into high paying consulting gigs.

Re: Ask HN: What are your passive income sources?

#30

Post by andrei512 »

deegles wrote: post #25
andrei512 wrote: post #24

I run https://www.weheartswift.com/ the first site dedicated to the Swift Programming language. I've wrote a book that teaches people how to code in swift from the ground up. https://www.weheartswift.com/swift-programming-scratch-100-e... I've also made an exercise platform similar to codeschool/codecademy/etc that is available as a mac app using playgrounds or online by using our swift sandbox https://www.weheartswi…

Any advice on writing a technical book? I'm thinking of writing one on developing for Alexa.

actually teaching the content to people helped me the most.

gitbook is awesome and free. https://github.com/GitbookIO/gitbook

blog a lot and start making a list of subscribers yesterday.

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