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Ask HN: What is the best income stream you have created till date?

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Re: Ask HN: What is the best income stream you have created till date?

#12
post #8

Aside from my regular job, life modeling. Not a huge income generator (around $19,000 total over the last 5 years), but the pose research, networking, booking sessions, actually doing the modeling, and reporting on / posting the artwork from my sessions on my social media is pretty much a "sole passion" for me.

That’s awesome. Do you have a link to your social media?

Yes! ...

https://sites.google.com/view/brian-life-model/home

Re: Ask HN: What is the best income stream you have created till date?

#13
post #9

My cofounder and I have bootstrapped two software products that are generating revenue today with minimal involvement on our side. The first product is a B2B onboarding platform. This product generates approx. $100k/year. Our second product is a microsaas that turns google drive folders into a hosted, searchable wiki with one click. This product is making $2k/month. Both products require minimum support and continue…

What’s the name of the Google drive folders product?

Re: Ask HN: What is the best income stream you have created till date?

#14
Exercising options in a startup that I was convinced wasn't going anywhere but had great tech, and would be a decent acquisition within a year or two.

Turns out, they shook off both their doldrums and their VC-fueled overambition and started throwing off cash. The first dividend check alone quadrupled my investment cost, and they're still going strong.

Re: Ask HN: What is the best income stream you have created till date?

#15
post #9

My cofounder and I have bootstrapped two software products that are generating revenue today with minimal involvement on our side. The first product is a B2B onboarding platform. This product generates approx. $100k/year. Our second product is a microsaas that turns google drive folders into a hosted, searchable wiki with one click. This product is making $2k/month. Both products require minimum support and continue…

What’s the name of the Google drive folders product?

https://kbee.app

Please let me know if you have any feedback on it!

Re: Ask HN: What is the best income stream you have created till date?

#16
My partner and I created a very successful business in the UK out of selling mushroom grow kits and microscopy spores.

We didn’t think there would be any market here because there weren’t any UK shops doing it. Then a couple of years later it took off and growing mushrooms became cool.

In this time we learned how to run a webshop and navigate an industry where every payment processor dropped us - to the point where we only accept cash, bank transfer and crypto.

Our Woocommerce shop was built on pure passion for mushrooms and a crazy late night idea. The kinds you usually just leave as an idea. Now it has consumed our lives and we have multiple employees.

Our business continues to grow with recent months bringing in around £60K/month in revenue.

I had never known what it was like going to a supermarket and not having to add the cost of everything in my head. But with the money, I learned the most valuable lesson - it could all go tomorrow and I would be totally fine with it.

Re: Ask HN: What is the best income stream you have created till date?

#17
I had partnering with a marketing agency for awhile doing implementation of their designs in WordPress. After a few years of clients breaking their sites doing upgrades and other ad-hoc questions/enhancement requests coming via email, I got tired of sending $100-200 invoices, so I started selling "WordPress Maintenance" as a product. It's not fun or sexy, but don't underestimate the number of organizations willing to pay $3K/year to be able to email you for advice, install plugins, add custom post types, and keep things up to date. I've got ~12 clients now (started with 4 in 2017) and it's an "easy" $30K every year.

FWIW, I work exclusively with local clients. Local clients, in my experience, are more willing to pay more to local people.

Re: Ask HN: What is the best income stream you have created till date?

#20
post #4

Working at a FANG in software development has been pretty outstanding income wise. Much better than hustling a few different freelance/contracts/side hustles for me at this point in my life.

Same. The amount of overhead involved in any side hustle is just too high compared to getting stuff done as an employee. even volunteering as anything but unskilled labor is a hassle.

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