forget it. you guys are negative.
Ask HN: How to start earning $500/month in passive income in next 12-18 months?
61–70 of 205 posts
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#62I run Built With Bootstrap (http://builtwithbootstrap.com) that brings close to $2,000 on average each month in "mostly passive" income.
How? Here are a few things that have helped:
1) I got lucky - I jumped on something early and got picked up quickly and rode on the back of a giant gorilla as it kept getting higher and higher - right place, right time
2) I keep costs low - I use Tumblr (free) and cheap, pluggable services like Campaign Monitor, Wufoo, Buffer, and IFTTT to automate a lot of the process.
3) Don't be afraid to ask for money - I started doing this very early on, but even that wasn't soon enough! People will pay if there's a benefit, so don't be afraid to ask.
4) Keep it simple - I write brief emails, I don't respond to everything and I only spend a few hours each week on the site - updating content, checking stats, emailing etc.
5) Get multiple sources of revenue - I use a number of affiliates as well as offering traditional advertising.
6) Be social - Twitter, Facebook, Tumblr, Pinterest, Google+ - BWB is on all of these. I try to engage with people and respond to things
7) Start a mailing list - this is not to be overlooked!
I hope this gives you some helpful ideas :) don't be afraid to ask any questions.
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#63[deleted]
What on earth made you interpret the original post as "exactly $500" instead of "at least $500"? Or are you being facetious?
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#64No, no, it is not a Unicorn: Open Source, Open Company, Helping Others make money will do it bu growing a very large network of people. This way you too can use the software to make a few dollars. See an open company is many minds in, and very few well made products out: https://github.com/regenerate/snippets Everybody takes the product, and for as long as it was aimed at money making; they make money. You need a lot of products of this kind, similar to how a supermarket has many products for sale: https://github.com/revenue/awesome-revenue Go ahead ask about specifics, I think a lot about this. I dedicated this whole decade to helping people with passive income, without asking for anything in return. My focus is non-programmers, young families. The big idea is: A Global, Paying, Mechanical Turk similar to this: https://www.mturk.com/mturk/welcome
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#65From Bangalore too. Amateur programmer, but have a ton of experience and networks in a niche sector. I pull in decent amount of money in passive income. (1) I would say focus first on value rather than money. I delivered my service for free or on trial basis for almost 6 months before clients signed up to pay. (2) As a freelancer, focus on long-term retainer relationships, built on your value-proposition. And work wi…
What is "B2B"?
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#66Passive income is generally a unicorn
yes and is it just me but don't all these "passive" posts seem to be very spammy.
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#67From Bangalore too. Amateur programmer, but have a ton of experience and networks in a niche sector. I pull in decent amount of money in passive income. (1) I would say focus first on value rather than money. I delivered my service for free or on trial basis for almost 6 months before clients signed up to pay. (2) As a freelancer, focus on long-term retainer relationships, built on your value-proposition. And work wi…
What is "B2B"?
Business to Business (in contrast to Business to Customer)
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#68From Bangalore too. Amateur programmer, but have a ton of experience and networks in a niche sector. I pull in decent amount of money in passive income. (1) I would say focus first on value rather than money. I delivered my service for free or on trial basis for almost 6 months before clients signed up to pay. (2) As a freelancer, focus on long-term retainer relationships, built on your value-proposition. And work wi…
What is "B2B"?
[deleted]
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#69From Bangalore too. Amateur programmer, but have a ton of experience and networks in a niche sector. I pull in decent amount of money in passive income. (1) I would say focus first on value rather than money. I delivered my service for free or on trial basis for almost 6 months before clients signed up to pay. (2) As a freelancer, focus on long-term retainer relationships, built on your value-proposition. And work wi…
What is "B2B"?
Business to Business. Unlike B2C - Business to Consumer
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#70From Bangalore too. Amateur programmer, but have a ton of experience and networks in a niche sector. I pull in decent amount of money in passive income. (1) I would say focus first on value rather than money. I delivered my service for free or on trial basis for almost 6 months before clients signed up to pay. (2) As a freelancer, focus on long-term retainer relationships, built on your value-proposition. And work wi…
What is "B2B"?
Business to Business; so when you sell your product/service to other companies instead of to individuals (which would be B2C; business to consumer).