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

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381–390 of 448 posts

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

#381

I built a web-based game that integrated into a popular MMO. The game was free to play but I monetized through an affiliate agreement with the MMO company. Eventually they realized they could just copy the game and run it inside the MMO itself, so they terminated the partnership. At the end it was grossing 20k/month, but it literally consumed every moment of my free time so in some ways it was a relief to shut it dow…

Can I ask which MMO?

Wondering whether it's EVE Online

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

#382
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…

what’s the site?

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

#383
post #197

Earlier quoted context omitted.

That director of engineering sounds SO cool. What a chill dude.

Ya most fun workplace due to it being basically 15 best friends who've worked together for many years. Even the CEO was their buddy from college. Now I'm in big tech and while it's astronomically better for my career, I absolutely loathe it socially. Not sure it's worth it (holistically), and look forward to someday joining a local medium sized company with average achievers + personalities.

That's awesome! I'm still in undergrad and naturally I want that big FAANG+ payday, but, I think building a company or just working with people I really like would be much nicer. But now that you've seen both sides, do you see your self moving?

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

#384

Earlier quoted context omitted.

Pretend he’s an offsite consultant. Now does it make sense? His employers are aware he’s making them substantial money and it’s likely they’re aware he left his last, much more demanding job, for being too stressful. So they know if they put more pressure on him than he feels like dealing with he’ll leave. Whether he’s deceiving the two proper jobs he has as an employee or not is a separate matter but they have no le…

I understand it for contract work, yes, but full-time salaried work is different, for exactly this reason; the expectation implicit in the relationship is that you are working full time, not just on a contracted project basis.

He negotiated different expectations. He was explicit about wanting a job with different expectations than the usually implicit ones and if at any point any of the parties find it no longer to their liking they can just end it.

If you don’t like the usual game you can make your own new game with your own rules if you can find someone else to play with you.

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

#385
post #96

Earlier quoted context omitted.

We sell products which are related to all things mushrooms. There’s equipment, supplies you name it. Our grow kits are for growing shiitake, lion’s mane, king oyster or just about any gourmet mushroom which is legal to grow. Our microscopy spores are a product which are strictly sold for microscopy use. We love mushrooms and all things about them. But illegality is a red line, whether immoral or not.

I think we can see why the payment processors stepped back now.

I don't however, it's not my cup of tea, but since when are payment processors, which are into money, into applying cultural norms?

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

#386
post #174

I built a social media analytics API. At its peak, it brought in about $23k/mo, with server costs at about $3k/mo. When I got a job at Instagram, they decided it was a conflict of interest and told me to sell it, which I did for a very healthy six figure sum.

You couldn’t sell it then accept the position?

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

#387

I've had quite a few: 1. Selling domain names. This was when I was in college and somehow traded my way into mid-high five-figure domain names. I turned over $100k in profits in a year, and then 2008 happened and all markets collapsed. 2. Starting a D2C brand. Shipping is automated via a third-party provider. Sourcing is easy since I have a very reliable supplier. All marketing is through word of mouth. I get around…

How do you stay engaged when ‘easy money’ rolls in nicely, month after month after month? I am in a similar situ and sometimes it feels easy to lose focus and play all the time.

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

#388

Earlier quoted context omitted.

I understand it for contract work, yes, but full-time salaried work is different, for exactly this reason; the expectation implicit in the relationship is that you are working full time, not just on a contracted project basis.

He negotiated different expectations. He was explicit about wanting a job with different expectations than the usually implicit ones and if at any point any of the parties find it no longer to their liking they can just end it. If you don’t like the usual game you can make your own new game with your own rules if you can find someone else to play with you.

Yeah like I said in another comment after getting more info, these are just well paid part time jobs, which is fair enough.

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

#389
post #380

Earlier quoted context omitted.

Basically, this is just not what salaried full-time positions are. Hourly positions pay you for your hours worked, part time positions pay you for part of your productive working time, but full time positions pay you to work full time, not part time. But I think I get it now from OP's further explanations, these are just part time positions that are in the books as full time.

A salaried role is paid the same regardless of how long one works. A rationally run business should care about what's produced, not the amount of labor-hours it takes to produce it. Developer productivity varies wildly, so in a fair labor market, time worked and compensation should vary with developer productivity (sometimes compensation is correlated with time worked, but generally at diminishing marginal returns).…

> Besides, highly productive developers are in very high demand. You're just shooting yourself in the foot if you don't give them a fair deal, because they'll go somewhere else

Ok, but "we expect you to work full time when we hire you for a full time job" is a fair deal. It is not "unfair" to hire people full time rather than part time.

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

#390

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. ;-)

And legal, forgot to mention that.
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