161–169 of 169 posts
I launched a website where my customers can designs rings for 3D printing in gold or silver: https://lulimjewelry.com Once I get my drop shipping and white labeling agreement with the 3D printing company it will be much more passive, since now I am receiving and shipping all the rings.
Who does the metallic 3d printing?
i made a virtual golf caddy so i could play with some friends despite having no idea what i was doing. it worked! https://stanthecaddy.app
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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 p…
I'm in the same space as the founder of NightCafe Creator [1]. It's been running at a (substantial) loss for the last year until September which was my first break even month. I'm hoping to turn it around and have made great strides so far. The biggest expense (95%) is GPU compute time. It runs on Algorithmia which was super convenient to get up and running with, but is now very expensive. Switching compute providers…
- college professor office hours
- open enrollment consultations
- comedy open mics
- auditions & interviews
- startup accelerator mentor meetings
- any kind of one-on-one meetings
- potluck parties
- volunteer signups
- pizza orders
I started monetizing in 2015 and now earn 5-figures averaging < 5 hours or effort per month. Now and then I do a batch of work to add a new feature.
Passive income means you do no work, other than put money somewhere. Bank interest would count. Real estate does not. SaaS does not count either. If you have to do anything that requires your time then it’s not passive.
I have started a blog about sleep products https://tuckme.in Currently, building the content and figuring how to best monetize, apart from ad space. Eventually, would be great to grow it into subscription service -> e-comm
Just my modest investment portfolio, and credit card rewards (not technically income, per se , but it's money the card companies give me just for being cool and using their cards, so I'm counting it). I'm looking around for some slightly less passive ways of making a modest income that don't turn the slider all the way to "start and run a business."
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It's a function of percentage income saved, not amount earned. The formula is (income / investment rate / percent income saved). If my investment rate is 4%, I need to save 25 years worth of salary. Saving 50% of my salary looks like I would need 50 years on the surface. However, my portfolio generates income from day 1, so it's actually a lot faster than it seems. Just for reference, I was living on less than $750/m…
I really appreciate the details! Out of curiosity, how did you manage to only spend $750 a month to pay for housing, utilities, phone (you mentioned food was free) in south SF Bay Area?