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Ask HN: Are you working on any side projects that make "small/passive" income?

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161–170 of 177 posts

Re: Ask HN: Are you working on any side projects that make "small/passive" income?

#161

Yes, I launched a piece of software to build your own social network. It took several days to make my first dollar, and I made $1300 in revenue and about $1000 in profit for the first month. http://blog.leftnode.com/entry/first-month-kwolla-sales-repo... Then I made my code free.

Just curious, why would you make it free if you could have continued to make money off of it?

I made it free to get a lot of users using it, and then I'm going to charge for the 2.0 version.

Re: Ask HN: Are you working on any side projects that make "small/passive" income?

#162
post #13

I run a e-commerce website, selling tools for grafting produced by a company my wifes family own: http://www.grafting-tool.com/magento/index.php/ I started by buying a few samples to sell on e-bay to see if there was a market. So I guess you could say I started making money right away. The problem with trying to replicate my business, is finding the right product to sell. I was lucky that I saw they had this item, an…

I've been on that site a few times looking for grafting tools for a permaculture hobby project. Does your wife's family have any mechanized grafting (for bench grafting) or expanded product line? Nice Magento work, by the way!

Re: Ask HN: Are you working on any side projects that make "small/passive" income?

#163
post #8

I published an ebook ( http://www.branchrock.com ) and it's been selling. Since I'll never run out of stock and it's priced as an impulse buy, I expect that it'll continue to earn passively. I got my first dollar on the first day I started selling. I plan to continue writing books, both non-fiction and fiction, and I expect that they'll all help bring in passive income.

Am I the only one to be offended by someone blatantly trying to profit from this unfortunate disaster while bodies are still being pulled from the ruins?

If the revenue was being donated, I'd understand, but to do it for profit, and to brag about it here...

Re: Ask HN: Are you working on any side projects that make "small/passive" income?

#164
post #36

Earlier quoted context omitted.

Similarly, a lot of folks I know dabble in 'adult' orientated side-businesses. Most people won't be up-front about working in that space publicly.

I assume this is affiliate marketing and not content creation?

Almost always based on either affiliate marketing or just sourced content. Source is cheap and common, and the same, tired adult content model still works: Horny guy, cock in hand, still whips out credit card. It's an aging model, but there's always margin on the dance floor.

Re: Ask HN: Are you working on any side projects that make "small/passive" income?

#165
post #111
post #13

I run a e-commerce website, selling tools for grafting produced by a company my wifes family own: http://www.grafting-tool.com/magento/index.php/ I started by buying a few samples to sell on e-bay to see if there was a market. So I guess you could say I started making money right away. The problem with trying to replicate my business, is finding the right product to sell. I was lucky that I saw they had this item, an…

There was an Eastern European dude that used to submit his monthly sales reports to HN. He made quite a bit of money from stock photography. The catch ? Most of his stock photos were not still life, but people in different life settings - this must be the kind that sells the best. I'm sure it helped that his young blond girlfriend was a frequent subject :)

Yeah, I read his posts - its what inspired me to have give it a try. That and somebody who posted on HN, saying they had a passive income stream from selling their holiday photos as stock.

'Staged' photos of people in various situations do sell better. People are always looking for photos that illustrate different abstract concepts, such as "income protection" or "brown nosing with the boss".

In my case though, I was looking to make some money of the photos I already had, which apparently were not that suited for stock. I don't doubt that if I invested time taking photos that were betters suited, I could make a little money. But from my early experience it would seem that too much effort was required for too little pay off.

To throw out some totally made up numbers, it was like; for every hour of effort invested in my grafting tool site, I could increase my monthly income by $2. For every hour invested in stock I could increase my monthly income by $0.10 . It quickly became obvious where I should spend my time :-)

I would guess that for anybody who can code, the numbers would likely prove similar. Therefore I would not recommend stock photography to the HN crowd.

Re: Ask HN: Are you working on any side projects that make "small/passive" income?

#167
post #13

I run a e-commerce website, selling tools for grafting produced by a company my wifes family own: http://www.grafting-tool.com/magento/index.php/ I started by buying a few samples to sell on e-bay to see if there was a market. So I guess you could say I started making money right away. The problem with trying to replicate my business, is finding the right product to sell. I was lucky that I saw they had this item, an…

I've been on that site a few times looking for grafting tools for a permaculture hobby project. Does your wife's family have any mechanized grafting (for bench grafting) or expanded product line? Nice Magento work, by the way!

Wow, it’s a small world! I've tried to convince them to make bench grafters, but unfortunately they feel the market is too small and won’t pay for their R&D costs. They are more interested in making tools where they can get an order of 1 million pieces, to sell at Wallmart.

Re: Ask HN: Are you working on any side projects that make "small/passive" income?

#168
post #146
post #8

I published an ebook ( http://www.branchrock.com ) and it's been selling. Since I'll never run out of stock and it's priced as an impulse buy, I expect that it'll continue to earn passively. I got my first dollar on the first day I started selling. I plan to continue writing books, both non-fiction and fiction, and I expect that they'll all help bring in passive income.

have you considered listing in the Amazon kindle? it's not too hard to do.

It should already be listed in the Kindle if you search, since it's on Amazon.

Re: Ask HN: Are you working on any side projects that make "small/passive" income?

#169
post #167

Earlier quoted context omitted.

I've been on that site a few times looking for grafting tools for a permaculture hobby project. Does your wife's family have any mechanized grafting (for bench grafting) or expanded product line? Nice Magento work, by the way!

Wow, it’s a small world! I've tried to convince them to make bench grafters, but unfortunately they feel the market is too small and won’t pay for their R&D costs. They are more interested in making tools where they can get an order of 1 million pieces, to sell at Wallmart.

I work in the tree fruit and small fruit industry. I'd like to carry this conversation further--would you send me your email--mine's in my profile.

Re: Ask HN: Are you working on any side projects that make "small/passive" income?

#170
post #31

Earlier quoted context omitted.

I've been programming for a long time, so I don't think it had anything to do with productive programming. In fact, each attempt was less work than the previous. The thing that I didn't understand is that being successful in business has very little to do with having an original idea. You're much better off just looking at how other people are making money and becoming their competitor or improving upon what they are…

Most innovation happens this way. Get some existing idea, develop on it and market/sell it off as a better alternative. Seems simple. If only.

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