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Ask HN: How would you make an additional $500k in 1 year?
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Re: Ask HN: How would you make an additional $500k in 1 year?
#2For starters: Make your past into a super resource and valuable platform to support this new effort. Bring all the best of your past forward.
(Mentioning this partly because you aren't offering any context, and that's where I'd start to look for the money-making opportunity you are asking about...)
Re: Ask HN: How would you make an additional $500k in 1 year?
#3Additional? Implying I make at least 500k a year already? I wish, maybe I’m in the minority here. I’d be pretty stoked if I made only 500k a year, never mind the additional.
Re: Ask HN: How would you make an additional $500k in 1 year?
#4[dead]
Re: Ask HN: How would you make an additional $500k in 1 year?
#5If you could build and grow a B2B SaaS to $10k MRR, it's plausible you could sell it for $500k (a 4.16x revenue multiple). Much easier said than done, though.
Re: Ask HN: How would you make an additional $500k in 1 year?
#6Fly to Dallas. Rent a house. Play Poker for 12 hours a day.
Re: Ask HN: How would you make an additional $500k in 1 year?
#7[deleted]
Re: Ask HN: How would you make an additional $500k in 1 year?
#8Fly to Dallas. Rent a house. Play Poker for 12 hours a day.
You don't need 12 hours -- if you have 1000 dollars you only need to double it 9 times.
Re: Ask HN: How would you make an additional $500k in 1 year?
#9Additional? Implying I make at least 500k a year already? I wish, maybe I’m in the minority here. I’d be pretty stoked if I made only 500k a year, never mind the additional.
100k once is life changing money here. I cant imagine making 500k a year.
I make 9600 a year.
Re: Ask HN: How would you make an additional $500k in 1 year?
#10I'd start by making 650K, then pay a 90K salary to some smart beancounter who figures out how I can get away with paying only 60K in additional income tax. And, lo and behold, 500K just like that.