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

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141–150 of 448 posts

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

#141
None of my “passion projects” have paid nearly as well as my $dayjob’s IPO. Went from highly in debt to multi-millionaire over the course of about 6 hours one day last year.

I published a few smutty short stories and a couple of apps that I’d made for my kids, all of which together might have netted me a few thousand in total. No marketing or anything.

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

#142

this is like asking a fisherman where his best fishing spots are

not really... because you WANT people to hear about your income streams, because that's how you get more income from them. there are a bajillion worthwhile business ideas... they're a dime a dozen (and that's paying too much). The problem is IMPLEMENTING them, which essentially no-one ever bothers too. way more folks who hear you idea will say "shit, i wanna use that" than "i'm going to spend a year of my life making…

I heard once, "Ideas are the easy part, execution is the hard part".

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

#144
post #24

Earlier quoted context omitted.

What's your responsibility of things go south and the wordpress gets hacked? Do you have liability insurance or any other protections in place?

Anyone providing professional services should have liability insurance. Furthermore, unless a service provider has been acting negligently or has given some sort of guarantee like "With my services, your WordPress instance won't be hacked.", they usually can't be held responsible for actions and outcomes that are out of their control.

Specifically, I believe you are looking for E&O (errors and omissions) insurance. Make a mistake doing something, or mistakenly not do something, and it will cover your liability up to whatever coverage you buy.

As you say, willful negligence, malicious acts, false advertising and fraud are of course not covered.

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

#145

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.

pose research?

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

#146
post #138

Earlier quoted context omitted.

May I know the name of the phone size comparing app? That sounds very interesting!

Sure if you give me a way to contact you.

I’m quite interested too — my email is my username , with the domain in my profile’s “about”

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

#147

Software consulting. You’d be surprised how many little businesses out there have a need for custom software. I make about $60-70k/year in my spare time (maybe 10 hours/week) doing everything from adding features to legacy products, building brand new applications and even simply conducting technical interviews. It’s also pretty nice to work on something besides the usual thing at work, experiment with new/different…

How do you start this? It can't be as easy as a website and some online ads right.

This

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

#149
post #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 w…

This is one of those business ideas that I must have had around the same time, but never pursued because I was studying; figured engineering would make me more more than selling mushroom growing kits and spores ever would.

I had a large setup in my shed for a few years. Lots of labor getting the substrate boiled and bagged, but once that was done it was easy. Figured that surely there was legs to selling the means of production directly to consumers instead. Who could have guessed it would take off like it has. Now you can even find the grow kits in TK Max and the like as Christmas presents. The market seems pretty saturated now so I'm sure the boat has long sail for me. I'm glad it's worked out for you, if not a little envious.

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

#150

this is like asking a fisherman where his best fishing spots are

I don't want to get rich quick - I just want a simple, easy, low-effort, scalable and actionable method of generating wealth each month without working. ;-)
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