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What was your best passive income in 2014?

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Re: What was your best passive income in 2014?

#101
post #94

I have an AppEngine app that brings in $7k/mo with very little work, with about $2k/mo in server costs. Roughly 50 users paying between $30/mo and $500/mo There's about 10 minutes of support work per day, but besides corporate customers occasionally needing some phone salesmanship and some manual tweaking, everything else is automated.

Can you talk more about what the app is and what it does? Curious.

I wouldn't be on a throwaway account if I felt comfortable mentioning its name. But, basically, it's an analytics API.

Re: What was your best passive income in 2014?

#102
post #18
post #7

Earlier quoted context omitted.

What sort of websites?

Blogs mostly, and ideas I come up with like http://codeht.ml although I don't put ads on all of em. Would love any marketing ideas, as I don't know how to spread the word quickly and effectively.

That codeht.ml is a great idea and execution. Congrats.

Re: What was your best passive income in 2014?

#103

I have an AppEngine app that brings in $7k/mo with very little work, with about $2k/mo in server costs. Roughly 50 users paying between $30/mo and $500/mo There's about 10 minutes of support work per day, but besides corporate customers occasionally needing some phone salesmanship and some manual tweaking, everything else is automated.

Sounds good! Congratulations! Can you share a link?

Not comfortable sharing a link in the context of talking about the revenue (hence the throwaway), but it's an analytics API.

Re: What was your best passive income in 2014?

#108
post #34

$5k per month for 18 months in a row. Made a portfolio website for my girlfriend. Got positive feedback, refactored into Wordpress theme and published on ThemeForest. Not 100% passive as I spend 3-4 hours per week for answering support emails. ThemeForest is a perfect place for passive income if you are a website developer. At first it challenges your skills as you need to create the concept, design it and code it. T…

Interesting - you've basically accomplished the 4-hour workweek : )

I've been considering doing the same thing with some of my sites. Do you have any tips on refactoring something we've designed and selling it on a theme marketplace? Are there specific site features that sell better than others and/or are requested a lot? Do themes with wordpress/php included sell better than ones without? I'm very curious - thanks!

Re: What was your best passive income in 2014?

#109
£55 in just over a year from ads on http://jquerycreditcardvalidator.com

Not a lot but it’s something. And I built the validator without even thinking about monetizing so it’s quite nice to get rewarded with some pocket money.

It’s not 100% passive, as I do spend a little time maintaining it and adding new features, but what income is 100% passive?

Re: What was your best passive income in 2014?

#110
post #27

Dividends on stocks. I've never had an idea good enough to make an app out of, or build a company around. So instead, I started investing a small amount of my paycheck in to my brokerage account. Buying lots of stock in Dividend Kings[1], I've earned $25 this year, with another $20 through October. It's not a lot, but I'm fully thinking long-term. 1: http://long-term-investments.blogspot.com/2013/02/15-Best-Di...

I advise you don't focus too much in dividends but spread it in emerging markets, gold and others.

In the short term it looks like a bad idea, because you could have more income coming from your dividends, but when a crisis or something hits, it's worth it.

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