I dry age meat and sell it. I live in indonesia at the moment and its hard to get a hold of this for a reasonable price so i setup some fridges, bought some special bags for dry aging and dry age about 15 kgs of mean at any one time. After I dry age the meat i can sell it for about 4x the price that i bought it for and it makes a decent amount of additional income. I sell it online and through whatsapp also :)
Ask HN: What is your money-making side project outside programming?
561–570 of 744 posts
Re: Ask HN: What is your money-making side project outside programming?
#562NASDAQ and Real estate
Re: Ask HN: What is your money-making side project outside programming?
#563Re: Ask HN: What is your money-making side project outside programming?
#564Earlier quoted context omitted.
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…
I'd love to read more about how you positioned your brand, especially on the design decisions that you made to entice customers come more regularly and how you manage to sell more cups than your competitors.
Habit loop: cue, routine, reward. This is how all habits form, whether it's shampooing hair or gambling/gaming addiction. Once a habit sets in, people can only control the routine, not the cue and reward.
Starbucks is an entirely different thing. As mentioned in other comments, ours was closer to cigarettes in market size and problem solved.
Reward: Caffeine Reward: Coffee flavor
The caffeine acts as the bubbles in your toothpaste, it's there to remind you of the loop without being too strong.
Cue: Entering work/class, before 9 AM. Promoted with steep 'discounts' during this period - it was already profitable and looked cheap anchored against overpriced coffees like Starbucks.
Cue: Seeing logo on cup. The coffee was all in paper cups, not sitting down. It saved a little money on rental area and training. But the main reason is that people would walk away with the cups and throw it in a trash. They'd bring it up to their offices and their friends could see it. Students would take it to other buildings. We didn't have to put up any banners - the cups were the banner. The logo was bright yellow and black, designed to be highly visible.
Cue: Stressful periods - after classes, before exams, at the end of the day.
Marketing? It was quite straightforward for us. If saw someone walking by, we'd ask them to try. Especially if they were staring at the menu.
Those who were hesitant, we'd offer a 100% refund if they didn't like it. Nobody ever requested a refund.
First day, we sold 100 cups. After that, many were repeat customers. A lot of people are afraid to approach strangers. But if you do it playfully and without any pressure, they never get angry.
Re: Ask HN: What is your money-making side project outside programming?
#565Earlier quoted context omitted.
This is great. Any good resources to learn informed investing?
For options? I guess http://www.optionstrading.org/strategies/a-z-list/ is a good place to start. One way people just starting out with options fuck up is that they take out positions with a very large upside but also very high risk to ruin. It's like going to a roulette table basically. If you take out more complex positions you can limit your downside, make money on sideways movements, etc. You can also limit downs…
Hull's Options futures and derivatives is the 101 for most things finance. Its a good place to start.
https://www.amazon.com/Options-Futures-Derivatives-English-S...
Re: Ask HN: What is your money-making side project outside programming?
#566After work, I do youtube compilation for stress relief, may earn cents
Re: Ask HN: What is your money-making side project outside programming?
#567Music! I play with a gypsy jazz band about four or five times a month here in Amsterdam, and I occasionally give guitar lessons from home. I also make a few bucks a month from Patreon for my YouTube guitar performances.
That gypsy jazz combo sounds amazing, would you mind sharing a link to where I can listen to it?
Sure, here’s my YouTube channel: https://www.youtube.com/user/adrianholovaty
Re: Ask HN: What is your money-making side project outside programming?
#568Earlier quoted context omitted.
> 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? No, that's missing the key part that it has to be detrimental to the person offering it. > Is my using the gym or watching movies every day unethical? I don't think so, if you're using the service because you want to go to the g…
If you remove the editorializing, I don't see a bit of difference between "moviepass says you can see all the films (but if everyone did they would go broke, and they did go broke, leading to loss of service for everyone)" and "financial company says you can send money for free (and if everyone did they would lose money)" which is what the op did. On a more meta level, I am concerned about an ethical view where diffe…
> If you remove the editorializing, I don't see a bit of difference between "moviepass says you can see all the films (but if everyone did they would go broke, and they did go broke, leading to loss of service for everyone)" and "financial company says you can send money for free (and if everyone did they would lose money)" which is what the op did.
The financial company didn't run a website saying "want to be paid thousands? Move money back and forth repeatedly with our services!".
> On a more meta level, I am concerned about an ethical view where different ethical rules apply if different actors are involved.
Different actors are different so I don't see why that's a concern. Different intent is also surely not an odd addition here? It's foundational in so many legal systems even.
Re: Ask HN: What is your money-making side project outside programming?
#569Earlier quoted context omitted.
Do you float the titles or just bend over and take whatever arbitrary limit for non-dealer title transfers that the dealers lobbied into existence in your state?
What does floating the title mean? Is it never registering it in your own name and just letting the next guy do it?
Correct. Many states have laws where if you sell over a certain number of vehicles a year, you're considered a used car salesman and must register and get licenced. In addition, if you register the title in your name, you have to pay taxes in most states, just to turn around and sell it to somebody else who also has to pay the same taxes.
Re: Ask HN: What is your money-making side project outside programming?
#570Earlier 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?
Think about it like this. The logical conclusion of people acting like you did is that credit card issuers increase interest rates to make up for their losses. That makes life worse for everyone but the people exploiting the loophole. You’re no different from the people who exaggerate their losses to insurance companies in order to claim extra insurance money. Because of them, premiums have gone up. You might see you…
Your scenario only happens if the credit card company is incompetent. But then the bad guy is the incompetence really...