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Ask HN: How much recurring income do you generate, and from what?

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Re: Ask HN: How much recurring income do you generate, and from what?

#53
post #21

I wrote a guide to integrating Stripe payments into Rails applications that expands greatly upon the 10-minute quick-starts[1]. It launched a little over a month ago and has generated more than $10k. I'm expecting that to drop quite a bit going forward but I'm still hoping for ~$500 in monthly revenue. [1]: https://www.petekeen.net/mastering-modern-payments

How do / did you market it? As it seems as if you're only hosting it on your personal website? How do people find it?

Re: Ask HN: How much recurring income do you generate, and from what?

#55

TL;DR: The top of our funnel is fine, and our app is making money, but it's not "easy money" and our trial to paying customer sign up needs some serious attention. I run a HR app for SMEs called http://www.staffsquared.com . We're making a comfortable 5 figures each month. We're reinvesting this income back in the product either in the form of new functionality (paying programmers) or advertising (paying Google Adwor…

Please share anything you can about how things go in the future. I'd love to see how your dunning emails turn out. Can you also share some background? When did you start? How many people are on your team? What kind of initial investments did you do? Really awesome to see people being so transparent about how they're doing. By the way, if you ever want to write any blog posts and cross-post them to Lifestyle.io [0], w…

If there's a demand I'd be happy to share our lifecycle email updates...either way I'll be sure to keep track of our progress so I can report on it from time to time. Getting the onboarding process exactly right really is a combination of art and science (mostly science).

We launched Staff Squared about 18 months ago, it was originally an internal app that I used at my software company http://atlascode.com that we realised could be useful to other companies. We bootstrapped the app from the outset and haven't taken on any investment as I wanted to see if we could make this thing work first. Turns out it's possible to make a profitable business from it but it's by no means easy.

I do pretty much everything...sales, marketing, support, QA, specifying new features, and so on. My team of devs at Atlas consists of four full time .Net developers. I now also have a part time person who helps me with marketing, newsletters, copywriting and design. Our office manager assists with some of the support requests we receive and manages our oLark chat on the site...

We're looking to grow now and take on more developers as I'm finding it hard to balance the client work we've got at Atlas and keep Staff Squared "fresh". All good problems to have :)

I'll check out lifestyle.io and see if I can contribute something of use to that community. Thanks for your interest!

Re: Ask HN: How much recurring income do you generate, and from what?

#56

Previous discussions: Sep 3, 2012: https://news.ycombinator.com/item?id=4467603 Sep 4, 2012: https://news.ycombinator.com/item?id=4470293 Sep 24, 2011: https://news.ycombinator.com/item?id=3029771 May 21, 2011: https://news.ycombinator.com/item?id=2567487 Mar 9, 2011: https://news.ycombinator.com/item?id=2300599

First link is to 9/3/2012, not 2013 as labeled.

Re: Ask HN: How much recurring income do you generate, and from what?

#57
I am a data point for the worst-case example. I don't have a hot application or a popular website, and most of my money is earned the old-fashioned way.

My passive income from my investments in government bonds is enough to cover mortgage, basic living expenses for my family, and two family trips a year.

Source of money for investments:

- savings from many years of working and diligently saving

- some real estate investments

Re: Ask HN: How much recurring income do you generate, and from what?

#60
I make about $300/mo with https://broker.mapthatpad.com. Not even close to what I originally was intending (and the amount of time I've spent building it) but to be honest, I have not been doing a whole lot in terms of marketing and selling it at the moment.

I hope to do more selling/marketing in the future and get this monthly number higher.

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