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.
Ask HN: What is the best income stream you have created till date?
391–400 of 448 posts
Re: Ask HN: What is the best income stream you have created till date?
#392Re: Ask HN: What is the best income stream you have created till date?
#393Earlier 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?
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?
#394Suing 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?
Re: Ask HN: What is the best income stream you have created till date?
#395For 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?
#396Earlier 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?
Re: Ask HN: What is the best income stream you have created till date?
#397Earlier 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…
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?
#398Earlier 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…
Re: Ask HN: What is the best income stream you have created till date?
#399I 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!
Re: Ask HN: What is the best income stream you have created till date?
#400Earlier 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?