> As a millennial there are few things that rank as desirable as finding a recurring source of income that doesn’t take much work That made me laugh! As someone much older I can honestly say that there are few things that rank as desirable as finding a recurring source of income that doesn’t take much work for me too.
How I Built a $5K a Month Side Project
101–110 of 261 posts
Re: How I Built a $5K a Month Side Project
#102Earlier quoted context omitted.
Truth. My job is "important", but at the same time I don't think anyone's life would be measurably worse if I didn't do it (besides mine lol). IMO it is kind of a problem with software in general. It is getting me down honestly; I could use some advice.
I feel the same way. Pay is good, work can be interesting, work-life balance and job security are relatively good, but being a developer never gave me any sense of real fulfillment. I'm not making any serious difference in anyone's life, and my six figure salary could be replaced with a team of eastern Europeans who could probably get more done at a fraction of the cost. If I were to die tomorrow, it wouldn't really…
That is, why is there no way to innovate a new structure, given the degree of intrinsic support that would seem to exist?
And, software engineers in particular would seem well-suited to this task. If software is eating the world and we write software, then...
Re: How I Built a $5K a Month Side Project
#103I work at FAANG where I get paid more than these scums for ethical work policed by 100s of lawyers team who are stalwart of ethics.
Honest question, how do these guys sleep at night? Knowing that you've been scamming grandmas with your shitty sales funnels is a grave threat to internet and entrepreneurship.
Real entrepreneur are like Elon Musk who do something of value.
Re: How I Built a $5K a Month Side Project
#104Earlier quoted context omitted.
Based on when this product was created, I can almost guarantee they are just manually scraping LinkedIn (plus a few other places - Facebook, twitter, Bloomberg, maybe even Pitchbook). There are custom Google search portals you can use to search LinkedIn via keyword that not everyone knows about. From there one can use a bunch of services that will provide you (mostly)valid emails at various companies. I imagine he ma…
> the fallacy of low rent/cost of living in developing economies Let's say a knowledge worker in a developing country could survive on $1 USD a day, adjusting food and rent to local cost. If a local white collar job paid them $5 a day, and a remote "exploiting" job paid them $15 a day, but an American could earn $50 a day for the same task, is this really a moral hazard?
If that sounds like a fever dream, you aren't alone, but it's my best guess at understanding what's happening. Obviously, my complete lack of employing people in central Africa is why they are all middle class Americans now, so I'm doing my part.
Re: How I Built a $5K a Month Side Project
#105Re: How I Built a $5K a Month Side Project
#106Earlier quoted context omitted.
As a millennial myself, I would like the need for income taken off the table so that I can find a recurring source of meaningful work.
> As a millennial myself, I would like the need for income taken off the table In other words, I'd like someone else to pay for taking care of me, my shelter, my food. > so that I can find a recurring source of meaningful work. So that I can follow my desires rather than being forced to pay my own way. As a gen-x'er I just have say, you are not entitled to other people's labor, certainly not so you can avoid labor yo…
If you envision other means of distributing the planet's vast resources, then you'll realize that there are alternatives beyond a) working unfulfilling jobs that produce wealth for others in order to subsist; and b) someone else "paying" for our subsistence.
Re: How I Built a $5K a Month Side Project
#107Earlier quoted context omitted.
I worked for a mom + pop Amazon seller (manufacture + ship from China to America, stick packaging on it, send it in to Fulfillment by Amazon, collect a check) He's probably worth $50m as one of the top 250 sellers. Probably ~20 SKUs. Tons of competitors trying to bring him down but his product has so many reviews that it is just a money printer. He was smart to be at the right place at the right time. He undercut the…
What is this new trend of belittling accomplishments down to luck? At the very least, thousands of people had the same opportunity to do what your boss did. And that's if we take your word that this is all he did, and he didn't negotiate at all or spend any time researching what products to sell, or take a loss in the beginning to provide good customer service for future gain. Even seeing the opportunity is a skill i…
Yeah, maybe he couldn't do that on Amazon in 2019, but he might just as well not try, in favor of something more doable today. That is, part of what the OP calls luck is essentially the recognition of the opportunity, which in itself should be added to the list of skills.
Re: How I Built a $5K a Month Side Project
#108Earlier quoted context omitted.
I think it's the difference between what comes first, the work or the luck and what's the dominant force. If you study hard and get good grades, you might find yourself in a position where someone needs to hire for a role that you're already prepared for. Sure, there's luck in bumping into that person, but you worked hard to be able to take advantage of opportunities, so I'd say luck had very little to do with your s…
I view it this way: being smart and hard working is necessary but not sufficient to achieve the success they have. There are plenty of very smart and hard working people that are also dirt poor due to various circumstances. Maybe they have interests that don't happen to pay a lot of money. Maybe they are in locations where being smart doesn't pay off that much.
It's not as if the qualifications are simply to be smart and hard-working, and then a random drawing is held to determine the winner.
Instead, there are countless micro-decisions and actions that go into execution. The likelihood that any two people are executing an idea in exactly the same way is vanishingly small, even if they are both smart and hard-working.
Re: How I Built a $5K a Month Side Project
#109Earlier quoted context omitted.
Based on when this product was created, I can almost guarantee they are just manually scraping LinkedIn (plus a few other places - Facebook, twitter, Bloomberg, maybe even Pitchbook). There are custom Google search portals you can use to search LinkedIn via keyword that not everyone knows about. From there one can use a bunch of services that will provide you (mostly)valid emails at various companies. I imagine he ma…
> the fallacy of low rent/cost of living in developing economies Let's say a knowledge worker in a developing country could survive on $1 USD a day, adjusting food and rent to local cost. If a local white collar job paid them $5 a day, and a remote "exploiting" job paid them $15 a day, but an American could earn $50 a day for the same task, is this really a moral hazard?
Re: How I Built a $5K a Month Side Project
#110Earlier quoted context omitted.
> the fallacy of low rent/cost of living in developing economies Let's say a knowledge worker in a developing country could survive on $1 USD a day, adjusting food and rent to local cost. If a local white collar job paid them $5 a day, and a remote "exploiting" job paid them $15 a day, but an American could earn $50 a day for the same task, is this really a moral hazard?
No, ya see, it's wrong to pay people in poorer countries less because now you're talking to a poor person. If you hire an American, you never even spoke to a poor person, so it isn't your fault. If that sounds like a fever dream, you aren't alone, but it's my best guess at understanding what's happening. Obviously, my complete lack of employing people in central Africa is why they are all middle class Americans now,…