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Ask HN: What is your passive income 2020?

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Re: Ask HN: What is your passive income 2020?

#62

This just launched, but I imagine I'm soon to be rich in other people's screams. https://justscream.baby

Did you think what's going to happen when somebody screams something highly offensive and some users go to court over it?

Don't get me wrong I like the idea, however the world at large is full of people waiting to ruin the nice things.

Re: Ask HN: What is your passive income 2020?

#63

Did many side projects over the years, never having monetized any of them, so monetizing was indeed my goal in 2020. I monetized 2 of my projects. First one was Newsy ( https://www.newsy.co ) - which allows people to turn their un-used domains into something useful - a tool I built for myself first and slowly let others in. It's been a little slow since I'm not doing much marketing, but getting the first ~10 customer…

I really like the idea of a Marketplace for side projects. I have had a couple of side projects myself and sometimes they died because of the lack time or resources even if they had some traction.

Re: Ask HN: What is your passive income 2020?

#64

I am a serious practitioner of the FIRE (Financially Independent, Retire Early) philosophy. Over the years, I have accumulated assets in a very conservative portfolio. This portfolio has reached a point where it has consistently generated over 150% of my base salary for more than 5 years.

I'm doing roughly the same thing, but just starting out. The focus is on real estate and business ownership. How long did it take you to get to the RE point?

Re: Ask HN: What is your passive income 2020?

#65
post #41

I created this online graphing tool in 2007 and haven't updated it in years: http://fooplot.com/ It's still generating a small amount of ad revenue every month. It used to generate 5-10X what it does now before the days of mobile apps. Back then it was a very meaningful addition to my grad student salary. I had 250K MAU at one point, many of which seemed to be coming from middle and high schools in lower income place…

Why would you rewrite it? Unless its stack isn't supported anymore just make it work with the latest update so that it has no known security hole. Perfect is the enemy of good.

A couple of potential reasons to rewrite it:

- The site is NOT mobile friendly (it wasn't a consideration in 2007), and the specific segment of the population that appeared to be the majority of users (people who had access to computers but didn't own graphing calculators) now have phones and look to their phones for graphing calculator functionality

- There are competitors with better UIs (http://desmos.com/) that sprung up later and seemed to have sweeped up a bunch of users from mine. Mine was, to my knowledge, the first web-based graphing calculator that you could click and drag the graph around with the mouse, and zoom with the scroll wheel.

- There are lots of new features in web browsers that could make it faster, snappier, and also support 3D graphing, which was a popular feature request

- I could base it off React and also release both mobile apps as well as a webapp, since people today seem to prefer native apps to webapps

- It looks outdated compared to modern graphing apps available for iOS and Android

That said, no motivation to do the above unless I had a guaranteed payout. Making graphing calculators isn't what I want to be spending my time on now considering the site is 30% of my total income. If someone gave me 30% of my income now to modernize its UI, I'd do it.

Re: Ask HN: What is your passive income 2020?

#66

This just launched, but I imagine I'm soon to be rich in other people's screams. https://justscream.baby

Did you think what's going to happen when somebody screams something highly offensive and some users go to court over it? Don't get me wrong I like the idea, however the world at large is full of people waiting to ruin the nice things.

For now, it's not updated automatically, so I can prevent this sort of thing from happening. Eventually, I hope it will be more automatic, but I'll still mark all screams that can be transcribed for human review before posting. (This also serves as a spam filter.)

Re: Ask HN: What is your passive income 2020?

#67

I am running na online art gallery specializing in AI art. Recently, instead of just printing the art on canvas I started using even real robots to paint it down [1]. Still it is only a small passive income but looking forward to make it really big as I believe this thing is a historic moment in time where art and tech started to converge into one. 1) https://art-supreme.com/ai-art-with-robotic-arm/

This is pretty cool, How much sales do you usually get? You have any marketing channels?

Well, the space ai art space is getting pretty competitive. I have seen many people starting and then quitting these kind of projects because they approached it purely from the money side. I make only few sales every couple of months and so far it is mostly coming from social media (@ai_art_supreme on Instagram) or word of mouth channels. I am targeting high end of the market so that is fine by me and also ready to play this for the long term as I wholeheartedly believe this is an monumental moment in art history. These kind of artworks are going to be worth a ton of money in 20-30 years when we get super AI.

Re: Ask HN: What is your passive income 2020?

#68
My Android app, Gamers Database, entered its 3rd year of operation in 2020. It's in maintenance mode, but thanks to automated hourly updates and crowd-sourced data, it stays relevant.

~$120 / month in passive income between adverts and the $3 option to buy the ad-free version.

The only real effort is keeping up with Google's constant deprecation of their libraries.

https://play.google.com/store/apps/details?id=com.roobr.retr...

Re: Ask HN: What is your passive income 2020?

#69
https://PopcornNotify.com - API for sending email and text messages. About 3 weeks of work, making a little money.

https://CSVExplorer.com - Web app for opening big CSV files. Months of work to build, but now just a few hours of support a week.

https://TheSimplePostcard.com - Send Postcards via text message. A few weeks of work, now mostly passive.

Re: Ask HN: What is your passive income 2020?

#70

I am a serious practitioner of the FIRE (Financially Independent, Retire Early) philosophy. Over the years, I have accumulated assets in a very conservative portfolio. This portfolio has reached a point where it has consistently generated over 150% of my base salary for more than 5 years.

I'm doing roughly the same thing, but just starting out. The focus is on real estate and business ownership. How long did it take you to get to the RE point?

I reached 100% income replacement for myself in my late 20s. Then I got married and had kids. My spouse and I reached 100% income replacement in our mid-30s.

Glad to see a fellow practitioner. Best wishes on your journey!

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