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.
What was your best passive income in 2014?
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Re: What was your best passive income in 2014?
#102Earlier 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.
Re: What was your best passive income in 2014?
#103I 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?
Re: What was your best passive income in 2014?
#104Re: What was your best passive income in 2014?
#105Re: What was your best passive income in 2014?
#106I have an app in the Mac App Store. It is a simple app, I do no work on it, receive no support emails, it has been there for three years, and I get around 50 Euros per month.
Re: What was your best passive income in 2014?
#107I have an app in the Mac App Store. It is a simple app, I do no work on it, receive no support emails, it has been there for three years, and I get around 50 Euros per month.
Link? Details?
Re: What was your best passive income in 2014?
#108$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…
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?
#109Not 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?
#110Dividends 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...
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.