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Your best passive income? (2014)

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Re: Your best passive income? (2014)

#71
post #39

My book "Mastering Modern Payments: Using Stripe with Rails" continues to sell well, in the $2k range per month. It's not exactly passive, though, as I write blog posts and develop other related content in the same theme. https://www.petekeen.net/mastering-modern-payments

Ever thought about rewriting parts of the book to work with other languages, as a separate product?

Re: Your best passive income? (2014)

#72

My iOS app that teaches you what a tesseract is and lets you manipulate it in 3D and 4D. https://itunes.apple.com/us/app/the-fourth-dimension/id50420... It blows my mind that people still find out about this app and happily buy it every day even though it occupies such a small geeky niche.

From the reviews, it sounds like the high quality of your explanations has made a small geeky niche far less small, geeky and niche. Bravo.

Re: Your best passive income? (2014)

#73
post #31

I created and sold Stickonspy ( http://stickonspy.com ) just after mid last year. The initial month I launched it did pretty well as the NSA news was still a pretty big deal. All in all it's made me I'd say my time - which was evenings after work - investment was around 3-4 days initially and then fulfilling orders is simply writing a customers address and posting the stickers - which if the demand was bigger I'd pro…

I like this - it made me chuckle :) Can I ask who you used to print the stickers?

Re: Your best passive income? (2014)

#74
post #37

I had created http://notationtraining.com in 2010 when I was learning how to play piano. I did update this project few times, but otherwise it is completely on its own. It makes only about 300 USD/month but I am quite happy with it as I am not doing anything to promote it or anything else.

Wow, very good job. Did you think much about SEO when you set it up?

Re: Your best passive income? (2014)

#75
post #14

Income is often called passive but essentially there is always something you need to do, monitor, improve or change in order to keep cash flow steady. If you don't, your income will decrease over time until reaching zero. It is surely easier to maintain "passive income" than to start from scratch.

I understand 'passive' to mean 'charging more than once for the same piece of work'.

Re: Your best passive income? (2014)

#76
post #39

My book "Mastering Modern Payments: Using Stripe with Rails" continues to sell well, in the $2k range per month. It's not exactly passive, though, as I write blog posts and develop other related content in the same theme. https://www.petekeen.net/mastering-modern-payments

Ever thought about rewriting parts of the book to work with other languages, as a separate product?

Yep. Language and payment processor variants are something that I've thought about a lot and will probably start working on at some point.

Edit: autocorrect correction

Re: Your best passive income? (2014)

#77

My iOS app that teaches you what a tesseract is and lets you manipulate it in 3D and 4D. https://itunes.apple.com/us/app/the-fourth-dimension/id50420... It blows my mind that people still find out about this app and happily buy it every day even though it occupies such a small geeky niche.

The app icon is irresistible.

Re: Your best passive income? (2014)

#78
post #20
post #15

I've got a job where i do almost nothing. It's my passive income.

Do some freelancing during office hours & double the income.

While not doing anything might be immoral, doing something else is most likely in violation of the contract and the work done would (again, most likely) be owned by the employer. Along with the income.

Re: Your best passive income? (2014)

#79
50€/month with adsense and amazon affiliates. It demands from me 5 minutes each day (or 4-5 hours each month, so it is not exactly passive...). It's a niche blog about architectural models: http://archimodels.info that I started as a hobby to learn about web development. I know that i'm near the bottom in the hierarchy of passive income but anyway I'm leaving my 2 cents.

Tips:

- I agree with cdaven. Good content is better than SEO, but you only take the fruits 1-2 years later. Use your expertise. It is much easier/faster/more rewarding if you blog about something you are an expert.

- Adsense is ugly but is the fastest way to monetise a blog. I was making 15€/month before adsense and now I have slightly less traffic. Text ads or images ads? If you have an text intensive blog go for image ads and for an image intensive blog go for text ads.

Re: Your best passive income? (2014)

#80
Few bitcoin Antminers. They are paying as much as I'll be earning at my new job I'm starting with the beginning of the February. I basically cloned myself in terms of income by buying them. They should pay for themselves in 3-4 months. I'm not sure if that's passive income or capital gain though.
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