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Making $60k a month from a podcast on software engineering

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Re: Making $60k a month from a podcast on software engineering

#61

Post by bartread »

jonathanyc wrote: post #42
themagician wrote: post #38

Earlier quoted context omitted.

It's disingenuous to say, "…regardless of what affluence he had." The thing about being wealthy isn't that you don't have to work as hard to succeed at something (well, sometimes it is). The thing about being wealthy is that you don't have to do anything, so you have all this time to focus on what you want to do—and you can fail while doing it without any major consequences. Most people can't do that. Hell, half of t…

Yes. If you are wealthy (i.e. don’t depend on income) you can take big risks. 99% of the US couldn’t afford to spend $250k for a learning experience and a cute blog post.

To me that's almost the exact definition of wealth: not the amount of money that you have, but the fact that you have the freedom to do whatever you want to do - and fail hard at it - with no (or little) negative consequence. When people talk about "living the dream", that's what it means to me: not the life of the idle rich, but the freedom to try and fail - and hopefully succeed eventually - without ending up destitute or dependent on a salary to live (as most of us are).

Re: Making $60k a month from a podcast on software engineering

#62

Post by jbdubwub »

bastawhiz wrote: post #27
kristianp wrote: post #23

Earlier quoted context omitted.

$250k isn't a huge amount of money for a professional poker player. I few successful and/or lucky years and you can build up quite an operating fund.

As a 19 year old, at least in the US, he'd have had less than two years to win a quarter million dollars. I doubt that happened.

It happened to me and many people in my poker circle. If you played well, had good bankroll management, game selected and studied hard it wasn't nearly as hard as you think.

Re: Making $60k a month from a podcast on software engineering

#63

Post by ptr_void »

hawkice wrote: post #14
voltagex_ wrote: post #13

>(Work from 9am to 9pm, six days a week.) Jesus. I'm sure this is small business owner hours but still, this person musn't have a family or any other commitments.

This is a typical work commitment in China. http://www.chinadaily.com.cn/opinion/2016-09/13/content_2677... It's not luxuriously easy, but it's not ridiculous, and is microscopically different from _average_ working hours 150 years ago.

Here in NYC many regularly does that with 2/3 of the minimum wage.

Re: Making $60k a month from a podcast on software engineering

#64

Post by georgiecasey »

bastawhiz wrote: post #27
kristianp wrote: post #23

Earlier quoted context omitted.

$250k isn't a huge amount of money for a professional poker player. I few successful and/or lucky years and you can build up quite an operating fund.

As a 19 year old, at least in the US, he'd have had less than two years to win a quarter million dollars. I doubt that happened.

If the timeframe was right, around the middle to the end of the last decade, it was reasonably possible. I was the kinda guy handing them the money :-(

Re: Making $60k a month from a podcast on software engineering

#65

Post by swyx »

Myrmornis wrote: post #56

I don’t think podcasts are for me, but maybe I’m missing out on something. I don’t even really know how to play them. Do you stream them or pre-download? People listen to them on their commute do they, or while driving? So requires a cellphone contract with no download limit? I guess you don’t just sit in your living room listening? And you wouldn’t be able to pay attention while cooking right? I don’t think I can ta…

you mostly predownload them over wifi. you listen during commute, driving or otherwise. yes you can pay attention while cooking, just depends if you can multitask.

Re: Making $60k a month from a podcast on software engineering

#66

Post by coconutrandom »

nardi wrote: post #16

How to make $60k/mo from a podcast: When I was 19 there was a month when I played poorly and lost ~$250k. I quit shortly after that. It took me awhile to recover my psychological bearings. Step 1: Be super rich.

In the past we would poke holes in the start-up idea or the weekend hacking project, but in good fun and there would be solid feedback generally. Having someone execute their idea, and then go out of their way to explain the process to the rest of us should be a source of encouragement. It makes me sad just how personal the dismissiveness on HN has become.

Re: Making $60k a month from a podcast on software engineering

#67

Post by jiggunjer »

Spivak wrote: post #19
nardi wrote: post #16

How to make $60k/mo from a podcast: When I was 19 there was a month when I played poorly and lost ~$250k. I quit shortly after that. It took me awhile to recover my psychological bearings. Step 1: Be super rich.

Are you really surprised that starting a business requires upfront capital and an environment where financial risk can be absorbed? Does this sentiment have to be echoed every time someone who comes from money talks about their business. There is a class system in the US, you're only wasting your breath trying to be snarky about it. Business is a mix of talent and chance and people with money can buy more chances whe…

It is mentioned because it is important to remember. Those successful privileged tend to think it was all their own mental acumen and hard work, so everyone could have done it.

Re: Making $60k a month from a podcast on software engineering

#68

Post by jjeaff »

coldtea wrote: post #43
BLanen wrote: post #31

Earlier quoted context omitted.

Exception to the rule and dismissal of the enormous advantage money gives.

I haven't found any "enormous advantage money gives" when it comes to podcasts, and other such works. Starting some regular business, yes, but writers, podcasters, and artists in general, have always come from all kinds of backgrounds, especially troubles ones.

The advantage is simply being in a place where you can focus on creating something like a podcast that will not make you (actually will cost you) money for a good long while.

Most people without money or support don't have the time and resources to devote to creating something like that.

Re: Making $60k a month from a podcast on software engineering

#69

Post by debt »

coconutrandom wrote: post #66
nardi wrote: post #16

How to make $60k/mo from a podcast: When I was 19 there was a month when I played poorly and lost ~$250k. I quit shortly after that. It took me awhile to recover my psychological bearings. Step 1: Be super rich.

In the past we would poke holes in the start-up idea or the weekend hacking project, but in good fun and there would be solid feedback generally. Having someone execute their idea, and then go out of their way to explain the process to the rest of us should be a source of encouragement. It makes me sad just how personal the dismissiveness on HN has become.

I don’t see how it’s dismissive. It’s concise.

Here let me waste my time telling you how I hacked advertising to make xyz product with a gazillion users OR I can just tell you I started out with many hundreds of thousands of dollars and just spent way into success.

Would’ve saved me some time idk

Re: Making $60k a month from a podcast on software engineering

#70

Post by [deleted] »

crablar wrote: post #33
nardi wrote: post #24

Earlier quoted context omitted.

I do feel a little bad about this comment--it's probably overly snarky. Maybe he won that 250 grand playing poker from a small nest egg that he earned at a minimum wage job. And he isn't claiming to be sharing the secret of success--he's just sharing his experience, which is valuable regardless of his beginnings. I don't know. Something about this rubbed me the wrong way, but it probably says something more about me…

I started with $100 and built it up, then lost most of it But also started with a roof over my head, great parents, an internet connection, etc. I would consider myself a trust fund baby in that sense.

[deleted]
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