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Ask HN: What is your money-making side project outside programming?

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Re: Ask HN: What is your money-making side project outside programming?

#491
This isn't exactly passive but...

I used to buy old furniture, refurbish it and resell it on craigslist. I made generally about $20 - $30 an hour. I also kept things for myself sometimes and slowly replaced different furniture items with nicer and nicer items. One year, I had 4 different coffee tables in succession. I found a cool coffee table and kept it, then I found a cooler one weeks later so I kept that and sold my previous one. Repeat that 3 times.

I'd mostly troll a certain thrift shop for antique-ish and mid-century items. It doesn't take long perusing Pinterest and design blogs to get a bit of an eye for what people want to consider collectible. Plus often if you look at something and squint, you an see if shaping it up will make it into something people want. I occasionally hit some garage sales, estate sales were too high priced and competitive. Sometime going an hour before they closed, they would drop the prices super low. %75 off would be better for them for them than not selling AND having to move it to get rid of it. Not always though.

I mostly just used Old English oil or Minwax furniture wax on items. It wasn't unusual for me to buy a $20 dresser, spend an hour giving it a cleaning (with Windex or other dollar store cleaners) and an oiling and sell it for $80 - $125.

I would do some small carpentry repairs on items, usually broken drawers, loose legs and occasionally a crack in the piece that was on a non-essential or non-structural area. You learn to avoid the repairs that are time consuming, difficult to get right or especially those--this is hard to describe--that will either be super easy or will fail no matter what you try with no in between. I avoided painting things, too time consuming plus I hate covering good wood. If anything is missing a knob or matching decorative hardware--it was an instant "no". You'll never find one that matches just right without spending a ton of time--if at all--and if you replace them all, it's expensive. Plus new knobs usually look weird on an antique and ruin the aesthetic of a mid century item.

I have had dozens of people tell me that I am a magician because I could take an old dried out looking item and bring the finish back. Honestly, it was the oils and the wood itself. I's take a piece like a dresser, table or chair, and after cleaning it for 5 - 15 minutes, just spend another 20 wiping the oil on. You just go over every bit over and over to rub the oil in well and also that takes the excess off. Give it a 2 minute wipe down an hour later if you can, using the same rag but without adding oil. (sometimes the wood soaks the oil into itself, but then it's wet and starts to expend. Then the oil gets pushed back out and sits on the surface. This step gets rid of that.) Give it a super light coat of oil the next day, looking for areas you missed or that soaked up more or less oil than others. This takes maybe 5 minutes.

Dressers were my staple. Everyone has at least one dresser, people use them in other rooms for storage or decor. Chairs were okay deeding and also would sell in even number better. Coffee tables, especially mid century items went easily also. Headboards and foot-boards I would buy if they were exceptional in appearance or super, super cheap. With those, any physical repair needed would also deem them a "no".

All my supplies fit in a dollar store plastic basket that was about 14"x14"x12". A few bottles of surface cleaner, oil in dark medium and light and a can of wax. Then a bunch of rags, use the same rag for the oils, one for each color. and one for wax only. Some steel wool for scuffs or hard stains, a small hammer, a few screw drivers and a ton of different sized screws and nails, almost all in the smaller than average to tiny varieties. I very occasionally used a drill and do have a couple long bar clamps for gluing.

The skill needed to bring a finish back is minimal. I'd say if you can clean a bathroom well or polish a chrome bumper, you can make a $10 thrift store item look like a $150 one. Just rub the stuff on and it does the work. People will call you an artist and not realize they could do the same.

I sold on craigslist and usually the people came by in the evenings when I was just making dinner or getting stuff ready for the next day anyway. I have a covered porch so they'd never come into my house, I have a large dog with a scary bark, plus I had a few hidden aces up my sleeve in case anyone got cagey. No one ever did. Craigslist can be a gutter of society but the people wanted what I sold were about 20 somethings, soccer moms, "artsy neighborhood dwellers" of varying demographics or empty nesters. I had a 4 text limit and if someone texted me more times than that, I'd do my best not to arrange to meet with them. That sounds like a dick move, they just want to know about the item, right? But like clockwork, those were the people who would no-show, super low-ball me once they got here or reschedule 20 minutes before they were due. People got one strike and they were out.

The thrift store I went to to was near where I would run errands and so I would stop in there for 5 minutes every time I went to get groceries or whatever. I made one special trip a week on Saturday mornings, right when they opened. I was there 1 - 4 times a week, usually about 3. So it did not take much time out of my day or routine to get stuff. It came to a close because the one thrift store I used to get stuff from really fell off in their selection. In the Pinterest craze, more people started keeping things and "Up-cycling" them themselves. My store also lost a deal with some organization and suffered a drop in items. They also used to make regular pick-ups in areas and I think they just saturated it an sort of squeezed the sponge dry.

Re: Ask HN: What is your money-making side project outside programming?

#492
post #109

* Act as a standby for dish pits at the local restaurants - filling in only when someone doesn't show since I don't want to take what could be a lifeline job for someone AND having a standby like me means they can keep their job instead of just being a no-show * Write articles for other people - usually on topics I really don't have a lot of knowledge or feeling about to start. * Mow lawns - I'm allergic to grass. Bu…

> Labor - the harder the better

how/where do you find such work ?

Re: Ask HN: What is your money-making side project outside programming?

#493

I established DamnInteresting.com in 2005, a place where myself and handful of others produce original long-form non-fiction in article and podcast form. Despite plenty of traffic, it didn't reach the break-even point for several years, because I despise advertisements and I refused to add them to my site. I funded the project in other ways, such as donations, publishing a book, licensing content, etc. Nowadays it st…

I've loved DamnInteresting over the years and probably first discovered it soon after you launched it.

Thanks so much for all the damn interesting knowledge!!

Re: Ask HN: What is your money-making side project outside programming?

#494

Invest in an S&P 500 ETF. This is probably the lowest effort side project you can have which still makes money. Also, if you learn about the stock market, it makes you more confident in how your savings looks, how your retirement will look, how to manage money, etc.

I do this but I'm beginning to wish there were a way to exclude specific stocks from the ETF to improve performance. Basically looking for something exactly like SPY but with a way to blacklist certain stocks that I think are poor investments (e.g. Lyft). As far as I know there isn't any way to do this short of buying tons of individual stocks to create my own diversified portfolio without the stocks I want to avoid,…

The product you are looking for exists in the form of hedging out what you don't want in the ETF. Buy your ETF, and short the stocks you don't want in it.

ETF's are low to no rates because they don't have active management, and you are talking about active management.

With active management, you are describing the job of a hedge fund manager, and essentially wanting to create your own fund.

Re: Ask HN: What is your money-making side project outside programming?

#495
post #469

Earlier quoted context omitted.

I used to know tool and die makers that did that back in the day. Sadly, a lot of manufacturing was sent off to China. I assume there are Chinese people doing similar things.

I'm willing to bet the quality of a lot of these is shite, though. Plus people in the US would most likely want to buy from a seller in the US (faster shipping + implied better quality). There is a solution to so many problems here (creating usually unavailable parts for machines/devices/products) but the problem is knowing which parts are in demand and currently have no supplier. A maker would need to have an intere…

I meant that there must be Chienese people doing the same thing people used to do here when domestic factories a thing.

I was not commenting on the quality of the work. BTE, saying the Chinese quality must be automatically shite is a ridiculous idea.

Re: Ask HN: What is your money-making side project outside programming?

#496

Not really a productive venture, but it was profitable. I used a 3% cashback credit card on a financial company's money sending service with no fees, and sent my sister $3,500 every two days. She'd then eventually pay me back through bank ACH (also free). Then I'd pay off my credit card every week so my credit balance remained low. Made about $1,500 a month for a year, before they stopped giving cashback for transfer…

This seems a tad unethical

Take a close look at the USA Hospital (/Healthcare) business model. No payment of property taxes ("Hey, we're a non-profit--nothing to see here"). They get all kinds of Free labor ("Volunteering is good for the community"). They solicit and receive Every manner of donation under the Sun ("We're a Non-Profit; please help us out").

They Make Billions and Billions of dollars... just sayin

Re: Ask HN: What is your money-making side project outside programming?

#497
post #376

Earlier quoted context omitted.

I was actually thinking about ethics a lot while I was doing this little project. By ethics do you mean morals or something different? What framework would you suggest for determining the ethics/morals of doing something like this, where we're playing by the legal rules by trying to optimize for our own benefit?

A simple overall rule here is to consider what the intended behaviour was from the company offering this. Anything that fits the rules, but is outside what you would consider expected behaviour is essentially exploiting a bug. A similar thing happens when someone offers "unlimited storage" for home broadband users backups and people start hosting many many terabytes of porn / isos / whatever. Sure, they're entirely w…

I don't subscribe to your view at all, but I think this is an interesting discussion. If I understand you correctly, you're saying that users/customers should be trying to guess what the intention of the company is, and doing things not aligned with those goals is unethical?

My local gym and Moviepass (remember them?) expects people to sign up and rarely use the gym or watch movies. Otherwise, they would go out of business if everyone actually constantly used them. Is my using the gym or watching movies every day unethical? It sounds like you're calling lot of people unethical. Aren't people heavily abusing Moviepass by actually watching movies nearly every day?

In a more hypothetical scenario, let's say Facebook does not want people to use its platform to organize political/activism activities, because it makes the company look bad. It does not prohibit it, but let's say the CEO says on a talkshow that he wants people to use Facebook only for positive things. Would that make organizing on Facebook unethical?

It just seems like your view doesn't match how most of society views their social contract with for-profit companies.

Re: Ask HN: What is your money-making side project outside programming?

#498

Earlier quoted context omitted.

I do this but I'm beginning to wish there were a way to exclude specific stocks from the ETF to improve performance. Basically looking for something exactly like SPY but with a way to blacklist certain stocks that I think are poor investments (e.g. Lyft). As far as I know there isn't any way to do this short of buying tons of individual stocks to create my own diversified portfolio without the stocks I want to avoid,…

The product you are looking for exists in the form of hedging out what you don't want in the ETF. Buy your ETF, and short the stocks you don't want in it. ETF's are low to no rates because they don't have active management, and you are talking about active management. With active management, you are describing the job of a hedge fund manager, and essentially wanting to create your own fund.

If I do that though then I pay a premium to open the put/short position in the form of theta and interest respectively. And since my portfolio isn't that big I would end up allocating a sizable percent of it to open short positions on all the stocks I want to exclude. So as far as I can tell, it's considerably more expensive than just not holding those stocks to begin with

What I really want is a way for a company like vanguard to let me purchase something based on an index but in the form of a weighted basket of fractional shares. That why I can keep the same allocation as SPY but hold shares that I can micromanage to "fix" any issues I have with the ETF. Theoretically that should be possible to set up for not very much money since there's no active management on behalf of the fund.

Or, you define your own ETF, maybe initially based on some existing ETF or well known index, and then you can dump arbitrary amounts of money into it - but without actually having to individually buy the shares yourself. Maybe a product like this exists already but I don't know what it's called. I would be willing to pay a higher expense ratio than normal low-cost ETFs charge to use this product, but not as high as a hedge fund (since I am the one actively managing it).

Re: Ask HN: What is your money-making side project outside programming?

#499
post #7

I make and sell staff paper notebooks for musicians: https://www.themusiciansnotebook.com/ I'm an avid saxophone player and am taking evening classes in theory, so I made this to solve a problem that I myself had. Nothing else like it on the market! Every part of this notebook is automatically generated with a bunch of python scripts: the cover design, the interior, the line placement, the margins. The program basica…

First, great job! Second, I'm confused. When I used to play music, I remember buying staff music pads at a low cost. A quick check of Amazon shows a bunch of staff pads for sale. What am I missing? Is it the combination of staff and notebook pages in the same book? Or do you use higher quality paper (e.g. are you the moleskin of music staff paper?) Just curious.

Re: Ask HN: What is your money-making side project outside programming?

#500

I run an audio engineering business. At first it was just a project of passion, but years later and a not insignificant investment in gear, software, and other equipment has left me with a side business that nets a tidy bit of income. It’s also something that I adore doing, and hence a massive plus. I get to mix and master a whole variety of music, from classical to ambient, to EDM, and it’s always a pleasure to work…

As someone who records in their spare time, would you mind sharing the progression of how it grew from a hobby to a business/side gig?
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