Ask HN: How much recurring income do you generate, and from what?
21–30 of 289 posts
Re: Ask HN: How much recurring income do you generate, and from what?
#22Edit: I see 'from what' is also the question; I have a bunch of entertainment related sites.
Re: Ask HN: How much recurring income do you generate, and from what?
#23Re: Ask HN: How much recurring income do you generate, and from what?
#24Re: Ask HN: How much recurring income do you generate, and from what?
#25In august I made about $122,000 from display ads, mostly Adsense. 5-10% of that is spent on stuff like server space and freelance employees. I can imagine that this will not be taken seriously due to lack of details, but for anyone interested, I'm open to answering non-specific questions. Edit: I see 'from what' is also the question; I have a bunch of entertainment related sites.
Re: Ask HN: How much recurring income do you generate, and from what?
#26Re: Ask HN: How much recurring income do you generate, and from what?
#27a) Got a job at a major software company for very high comp. b) Spent an extra 5-10 hours a week working intelligently at my full time job; got promoted. c) Invested the salary, bonus, and stock from my high comp. corporate job in real-estate and tech-heavy index funds, and reap the (literal) dividends passively.
b) is optional; even without the promotion, I would still make enough money to generate almost all of my passive income via investments. Not bad for zero hours per week.
A stable income has allowed me to buy a house at the bottom of the housing market, which will appreciate at about 1% over inflation; my other investments typically do 2-8% over inflation (especially retirement funds, which grow tax-deferred). All in all, at least $1K per month, spiking to much more. At the rate I'm continuing to invest, I'll likely double that monthly return within 18 months.
Sure, this is all pretty volatile, but no more volatile than entrepreneurship, and with much better worse and average case scenarios.
Best of all, these investments will, in the long term, outpace inflation, which is more than can be said for selling software or tech stuff, which tends to depreciate in price over time (after all, the marginal cost of software is zero, which depresses prices due to competitive dynamics).
Re: Ask HN: How much recurring income do you generate, and from what?
#28I tried creating/selling other things to businesses. This time, it's mostly you and me's, paying it out of their own wallets. Never expected this to work so well.
Re: Ask HN: How much recurring income do you generate, and from what?
#29* Bootstrapped
* Raised my consulting rates to free up more time for products (= same amount of consulting income)
* Most new customers come via referrals from existing users and organic traffic (via targeted blog posts)
* Wrote a complementary book targeting people who aren't necessarily looking for PM software (http://doubleyourfreelancingrate.com), and upselling Planscope through that. Extremely successful so far.