Earlier quoted context omitted.
The hard part is finding appliances that need fixing. This is super easy if you happen to own a lot do things that break. If not, it becomes quite boring and tedious to scout out things that are breaking for other people, that you have no personal motivation to fix, to get the broken appliance and then figure out the 3d model for the bad part.
someone needs to make wheels for those luggage suitcases, some wheels broke while the case is still good.
Ask HN: What is your money-making side project outside programming?
531–540 of 744 posts
Re: Ask HN: What is your money-making side project outside programming?
#532In addition to regular index fund investing I trade options sometimes. Been doing it for about 6 months now and I'm up about 90%. I am a lot more conservative than most options gamblers but it's still pretty risky. I put all my gains into high earnings stocks (currently buying STX and LYB) and at this point since I've almost doubled my principal, I could lose basically all my money currently allocated to options and…
Re: Ask HN: What is your money-making side project outside programming?
#533Most of my clients have photo booths, but I do have one researcher using it to try to treat scoliosis in children. I'm actively looking for new markets. It barely brings in enough money to make it worth doing, but the system is essential for some users, and I like doing it.
Re: Ask HN: What is your money-making side project outside programming?
#534Earlier quoted context omitted.
Did you consider paying more than minimum wage? I wonder if a higher wage would enable you to expand your talent pool to folks who would enjoy slinging coffee a couple days a week on the side to improve their situation while actually finding it fulfilling work. The math does seem fixed, there is only so much time in the day and the inputs have fixed costs, but if you can get it all well tuned to the point where effor…
Our value proposition was that we just provide tasty enough caffeine. It's a psychological boost - first thing on a tough day, end of a tough day, before a class on linear algebra. We weren't competing with other cafes. We were competing with cigarettes. We aimed to be daily, unlike Starbucks. Our key metric was quantity: 1. The more purchases they make, the more the lock themselves into the habit loop. 2. More quant…
Re: Ask HN: What is your money-making side project outside programming?
#535Not 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…
Re: Ask HN: What is your money-making side project outside programming?
#536Re: Ask HN: What is your money-making side project outside programming?
#537I taught myself circuit board design and found a niche market that I designed a few products for that sold like gangbusters with zero marketing for a few years until the market cooled off and low cost knock offs started entering the market. I also found that you could use the same CAD program that I learned to design PCB's to draw outlines to cut out on the laser CNC machine at the local maker space. I ended up findi…
Re: Ask HN: What is your money-making side project outside programming?
#538My job occupies most of the time. The rest of it I invest it with my children and family. I'm father of 2 twins sisters (11) and a boy of 5 years old. My father have a degenerative disease (fatal but with slow progression), and my mother spends most of her time taking care of him. I put all my energy with my kids and helping my parents. As soon as I realized that I can loose my loved ones, I started making selective…
Re: Ask HN: What is your money-making side project outside programming?
#539I do have money-making side projects, but they are software projects as well.
Re: Ask HN: What is your money-making side project outside programming?
#540About 10 years ago and ten years into my career, I had been working and stayed at the same job way too long and both my salary and career stagnated. I had two part time money making side projects. I was a part time fitness instructor and had some rental real estate. Teaching fitness classes was fun, I made a lot of friends, and it gave me a release valve from working at a computer all day. Real estate was a headache.…
Thanks, this is insightful. Sounds like the opportunity cost of a side business isn't worth it for you right?
I don't have a side-hustle yet, but I'm working on one. As you pointed out, there's an opportunity cost to a side-business. I'm working on a scheme to monetize a hobby; make money off something I'd be doing anyway. I'm just over 10 years into my career, recently married with a teenage step-child. My family-time or my "down-time" is very precious to me. During our wedding, we got some beautiful wedding save-the-dates off Etsy. They were water-color paintings. But then we needed additional stationary: invitations, menus, seating charts, table signs, a gobo (wtf is a gobo??), etc.... I ended up using photoshop to make all of the other stationary and graphics myself based off the initial Etsy save-the-dates (it was important to me that the fonts & colors matched on everything). My wife loves to paint water-colors, and I'm into photography & graphic-design. I'm working on a side hustle to do wedding invites and similar stationary on Etsy based off her paintings and my photography & graphic-design skills. These are (mostly) activities we'll do anyway. So... make some stationary templates once, throw them up on Etsy, and if people buy them GREAT, if not then no loss.