Live data from Hacker News

Ask HN: Those making $500/month on side projects in 2021 – Show and tell

news.ycombinator.com

121–130 of 866 posts

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#121
post #27

I'm an author. I write books of science projects you can perform on your loved ones. For each of my four books, I got paid a decent advance. One of the books has been quite successful and has earned back its advance, so I now get royalty checks. An audiobook deal and half a dozen foreign-rights deals have sweetened the pot. It's not what I would call a passive income method, however, because a lot of work goes into i…

Congrats on earning out your advance! What’s the work that goes into one of your books years after publication? Or, since you mentioned your advance, I assume you have traditionally published. In that case I thought your publisher would handle all the operational issues, eg marketing. Or do you mean the work goes not into the older books but into drafting and editing the newer ones?

Yes, for all four books, I got book deals with traditional publishers.

A small number of top-tier authors -- those whose books are virtually guaranteed to be bestsellers from day 1 -- tend to have marketing and publicity teams that will continue to be active well after publication.

But for midlist authors like myself, the publisher will do a marketing/publicity push around your publication date, but after a few months, it tends to die out. Which is not to say that they won't seize a good opportunity if it presents itself. But generally it's the author who's setting up their events after that point and figuring out other creative ways to spread awareness of their book, e.g. writing regular blog posts to maintain their brand.

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#122

I bought a coffee farm in Colombia. Annualized it makes around $800 / month and growing. Should double to $1600 / month next year as we’ve doubled our production. It’s barely profitable, but is profitable nonetheless. The more we plant the more profitable it will get, and we’ll be planting 10,000 more trees soon!

I would also love to know more about the process.

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#124
post #34

I built a free reverse geocoding api about 4 years ago ( https://api.3geonames.org ) Usage grew steadily sometimes crashing the server. So I loaded the software on GCP and AWS Marketplaces. Those needing a dedicated api launched their own servers for a fee. It has made an average pf $500 a month since I made those machine images available on https://3geonames.org/api about 2 years ago.

[deleted]

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#125
I run an https://hanami.run email forwarding service with advanced features:

- SMTP - Maillog: which can eanble you to use IMAP - API integration to read email as JSON - WebHook - Complex routing with regex and custom rule from header - Sieve filter

Note: We're re-branding to https://mailwip.com due to nameconflict with hanamirb.org

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#126
post #45

I mine cryptocurrency and make about $110/day. I have two L3++s, an AvalonMiner 1246, six RTX 3080s, an RTX 3090 and a couple older cards. It more than pays for the mortgage, and after electricity (residential rate) my profit is about $100/day. I also have the GPUs in a grow tent (designed for growing marijuana) with an 8 inch in-line fan hooked up to the supply of my home’s HVAC system. I’m heating my whole house wi…

Why not mine more if it is this easy? What are your electricity costs?

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#127

My 'side project' is pretty conventional, but it surprises people to learn how much I've earned from it with very little effort. At least once or twice a week, I use my lunch break to walk to the local thrift store. I look up items on eBay as I browse and buy anything that would net me $20+ (basically to cover my lunch). I stick to the 'hard goods' section (things like electronics, games, DVDs, home appliances, books…

So if I understand correctly, you buy things at the thrift store that are offered online for at least $20 more, to then do the same?

I just make sure that I will net $20 before I commit to purchasing an item from the thrift shop. This is:

  final eBay sale price
  - eBay fees
  - shipping // unless you have the buyer pay actual shipping 
  costs
  - the cost I paid for the item
  --------------------------------------
  my net profit (hopefully more than $20 for my time and effort)
last week this happened:

two refrigerator filters new in package ($3.99 each) - selling on eBay for about $40 each - retail for about $50 each. My total sale price was $69.95 for both (I undercut the lowest listing by a dollar or so and offered 'free' shipping)

My shipping cost was about $5. My eBay fees were about $10 - they take quite a chunk. $70 - 25 = $45 profit

I probably could have held onto them longer, charging a higher price and not offering 'free' shipping, but sales have been slow because I haven't been buying much so I made them too good to pass up.

$45 for about 20 minutes of hustle isn't terrible. It took me all of 3 minutes to list them on eBay. I plopped them on my kitchen table, snapped a picture of them, searched for the same item in the 'sold' section of eBay. Clicked 'sell one like this' link, filled in a price, selected a shipping option and clicked 'post'.

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#128
post #26

I make a Safari ad blocker app for iOS and macOS - Magic Lasso Adblock - https://www.magiclasso.co/ It's free to use and download with an optional Pro subscription that includes additional features and makes > $500/month. Key things that have helped the revenue in 2021: - Released a major new version 3.0 which blocks all YouTube ads and has kicked along sales and improved the conversion rate considerably - Apple's sm…

Wait, it's possible to have an ad locker on iOS safari? I thought this thing is impossible and unlock etc don't exist on iOS.

Since iOS 12 or 13.

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#129
post #45

I mine cryptocurrency and make about $110/day. I have two L3++s, an AvalonMiner 1246, six RTX 3080s, an RTX 3090 and a couple older cards. It more than pays for the mortgage, and after electricity (residential rate) my profit is about $100/day. I also have the GPUs in a grow tent (designed for growing marijuana) with an 8 inch in-line fan hooked up to the supply of my home’s HVAC system. I’m heating my whole house wi…

Which crypto?
Post reply on HN