Live data from Hacker News

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

news.ycombinator.com

391–400 of 448 posts

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

#391

Earlier quoted context omitted.

https://kbee.app Please let me know if you have any feedback on it!

It auto-pops up a sign in link to Google when I visited it on Firefox, and it looks like it does the same on Chrome except Chrome blocks the pop up. Definitely fix that because I got a real sketchy feeling when it asked me to sign in upon immediately entering the page, not even clicking anything.

if you block `play.google.com` they disappear :)

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

#392
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'd love to check out the web app too. My email is mahin1384@gmail.com.

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

#393

Earlier quoted context omitted.

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?

Since forever. There are a few reasons why - one is cultural the other is risk. On the cultural side industries that are "controversial" tend to be avoided. Payment processors don't like to be associated with porn, gambling, drugs etc. because of potential negative PR. If you're a payment processor and trying to land big conservative clients, having press about how you support the porn industry doesn't do you any favors.

The other side is risk, meaning industries that have an above average chargeback (fraud) rate. Many times these industries overlap - porn for instance. Lots of stolen credit card numbers are used to by porn, but also legitimate purchases can easily end up as a chargeback. The classic example is that someone buys porn on their credit card and then their partner finds out. Instead of admitting they bought porn, they claim someone must have stolen their credit card to save face.

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

#394
post #179

Suing lawyers as side income. we all know most lawyers are scummy using all sorts of deceit to gain advantage. However in the increasing documented world, it is a matter of digging(using text search) to find fault with the offending lawyer's deceit and then file a DIY action in court. I am involved in estate litigation since 2016 where I discovered collusion by many lawyers with the estate administrator to defraud th…

Wow. Did you go to uni to study law I take it? Or was this all DIY?

Logic 101, yes, CS,EE, yes, law no. Maybe I shall do night school on law. I started small win because forced into litigation but first appearance in court ever beat a 15yr exp litigation lawyer on rules of court(civil procedure). Some/many lawyers are amazed by ctrl-f in pdf reader or browser so I can search through entire rules of court in 1 second while they are still flipping pages. small wins fuel more research. I believe high cost of litigation is a life threatening risk so all must learn a bit of law. Or build a AI powered DIY tool for litigant in person.

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

#395
Free daily sudoku websites monetized with (a few) ads have provided steady income for nearly 20 years now and require very little maintenance:

https://samurai-sudoku.com

https://sudokuprintables.org

https://fiendishsudoku.com

https://extremesudoku.info

For a while after the dot com bust I sold music CDs via Amazon and also refurbished docking stations and power adapters for laptops.

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

#396

Earlier quoted context omitted.

Wow I didn't expect this to get so much attention. Yes, I built all these products. The tools have a shared C++ core library and then I did the DAW integrations and platform-specific GUIs with JUCE, which is a cross platform C++ toolkit popular with audio people. The original issue that I solved was simply mixing a large number of inputs down to something like 22.2 cinema surround based on mathematical formulas. Inst…

Wow, 22.2 is pretty crazy: https://en.wikipedia.org/wiki/22.2_surround_sound When you say you can input XYZ coordinates - I couldn't help but wonder, is this sort of thing ever hooked up to motion tracking?

Back then, people used it for live art performances, so I added a protocol to stream in the positions real-time. The ARRI mixing desks have the same protocol, so capturing motion data into your DAW is definitely doable.

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

#397
post #335
post #113

Earlier quoted context omitted.

They won’t steal it but they will float it to their networks for validation and if any of them are looking to pick something up and run with it, now they’ve got the same idea from a known-quantity team. It absolutely happens.

It may happen but the benefits of being secretive are lower than the benefits of sharing an idea and getting constructive feedback. One of the earliest fallacies I learned as an entrepreneur is that ideas need to be protected lest someone "steal" them or "beat me to the punch." It's just not true. The benefits of sharing an idea and getting feedback far far far outweigh the minuscule risk that sharing an idea will sp…

Yeah there is a level of paranoia that can be problematically isolating.

In my experience it really depends on the type of idea, the other types of validation you already have, and your existing relationship to the funding network.

The more moonshot the idea, the more validation you can get outside of funding pitches, and the less cozy your relationship with the (well-networked) money, the more risk you get from sharing.

Many of these companies will pitch the big-picture what and why but not disclose the how, which is the magic. On the other hand, if the what and why are all the value and you share them before you’ve at least somewhat captured them then you risk giving away the opportunity, because the how is just what you’re asking for: the resources.

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

#398
post #231

Earlier quoted context omitted.

I am curious how your current life compares to the pre-IPO one. Is it universally better? Is there anything poor people don't know or misunderstand about being rich? (I am more in the poor camp.)

I used to be in the poor camp. Like, frequently borderline homeless and living at my aunt’s house in a camper in their driveway. It’s not universally better than when I was merely well paid and affluent, even if heavily in debt. But not having to worry about whether to buy food or pay rent is quite a huge difference. My kids will never know the struggle I did. I can’t say whether that’s good or bad. I have a more wel…

Thanks for replying! If you don't mind sharing, do people (family, friends) ask you for money now more than before and is it a problem for you?

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

#399
post #104

I have created a software agency 4 years ago. we are full remote and 5 fulltime and 7 partime workers (some working students included). I pay myself 70k p.a. and reinvest the rest into the company. it is growing around 100% in revenue each year. in the beginning I asked myself whether it's worth it not to just develop for a big company, but now it pays. I don't even have to work the full 8 hours a day.

Quick question: what software „stack“ do you use to manage a fully remote team? What erp (if you have any), project tracking, cloud storage, chat, etc. I am really interested in logistics of running such a company. Thank you for your time!

im glad you asked: we try to use Foss as much as possible. I have a Kubernetes cluster in hetzner with split horizon DNS (for DNS I use googles DNS solution), for VPN I use openvpn. for Chat we use Mattermost. for video chat First jitsi then discord (jitsi is hard to selfhost). for project management Gitlab professional. we use notion for documenting as much as possible but we want to switch to outlined soon. dockermail for email (but not yet automated forwarding and filtering). file transfer with Nextcloud. tracking time with toptals toptracker. docker remote workspaces with kasm (we require working with Linux OS only so if you don't bring Linux, then you have to use our docker workspace). we get that question a lot and are currently working on a simple solution to create such an environment with a few clicks (powered by helm and the cloud of your choice)

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

#400
post #231

Earlier quoted context omitted.

I used to be in the poor camp. Like, frequently borderline homeless and living at my aunt’s house in a camper in their driveway. It’s not universally better than when I was merely well paid and affluent, even if heavily in debt. But not having to worry about whether to buy food or pay rent is quite a huge difference. My kids will never know the struggle I did. I can’t say whether that’s good or bad. I have a more wel…

Thanks for replying! If you don't mind sharing, do people (family, friends) ask you for money now more than before and is it a problem for you?

Not really, but that's because most don't really know the extent of our wealth. They know we've purchased a couple of rental properties and have a wealth management account. One family member, my sister-in-law, has always been irresponsible with her money, and has always asked us to bail her out (e.g. to remove a tree and repair the roof it fell on, because she didn't have enough to cover it, in spite of the fact she earns nearly 6-figures in a very inexpensive part of the midwest). My brother has never asked me for money even though he is currently burning through his savings after having been laid off.
Post reply on HN