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Those making $1,000+/month on side projects – what did you make?

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Re: Those making $1,000+/month on side projects – what did you make?

#391

Post by megaframe »

billmalarky wrote: post #269
megaframe wrote: post #168

Combination Machine Learning, NLP, Neural Networks, stock analyzer. Does automated day trading. Not HFT style stuff. More what a bank pays an analyst to do, type of trading, but smaller scale since it's only my personal funds.

Is there a reason this isn't scaled out as a service?

SEC rules. To do that you need become a trading advisor (similar to a hedge fund), which requires that you have made over $200k/yr for the last 3 years or that you have $2.5Mil in your own assets.

While I've done consistently well so far, I've only been at it full force a few years, and I started with my own cash which isn't nearly that much.

The followup is usually turning this into a business and getting investors... if you looked at my resume not much would make you think I have the skill set for this (though I've spent 3 years building this on my spare time). I'm also not sure I'm really up for the whole start-up thing, I enjoy my somewhat relaxed work schedule/hours. I value my personal life more than this stuff.

I'm open to suggestion on that last one but it's not something I've done before.

Re: Those making $1,000+/month on side projects – what did you make?

#392

Post by awor »

pbhjpbhj wrote: post #324
dynofuz wrote: post #69

I made http://bankofamericaroutingnumber.com It took less than a day and makes about $150/month. Not quite the 1k but not bad for minimal work.

Can someone explain what this is, is it like a UK sort-code [which identifies a particular bank branch, like a zip-code only for banks]? Why do people need to look it up [online]. Thanks.

more or less

>What is an ABA routing number?

The ABA routing number is a 9-digit identification number assigned to financial institutions by The American Bankers Association (ABA). This number identifies the financial institution upon which a payment is drawn. Routing numbers are sometimes referred to as "check routing numbers", "ABA numbers", or "routing transit numbers" (RTN). Routing numbers may differ depending on where your account was opened and the type of transaction made.

https://www.bankofamerica.com/deposits/manage/faq-routing-nu...

Re: Those making $1,000+/month on side projects – what did you make?

#393

Post by leesalminen »

nhayden wrote: post #389
leesalminen wrote: post #127

I spent all of 2014 building a SaaS for dog daycare/kennel owners. The MVP turned out beautiful. Went to a few trade shows towards the end of last year and people went crazy over the software. 0 outbound marketing yet, and already have 22 customers at $100/month. This year my goal is to scale up to 200 customers. It's a really weird market niche where no one has built software for in 10 years. Pretty neat.

Very cool site. There seems to be a ton of software out there for dog daycares, is there anything different yours does?

Thanks!

We offer the fastest, most intuitive SaaS platform for Dog Daycares with world class support.

Currently there are 2 direct competitors, one has a slow product with poor support and the other has a decade old product that's inexplicably convoluted. I wouldn't consider anyone else on the market a true competitor (and our customers agree).

A couple of our favorite features are photo/video report cards over SMS, 1-click check-in/out with payments, and the customer app where they can request reservations.

If you're interested in a personal demo, shoot me an email and let's set something up! Email address on my profile.

Re: Those making $1,000+/month on side projects – what did you make?

#394

Post by leesalminen »

MichaelCrawford wrote: post #376
ef4 wrote: post #247

Earlier quoted context omitted.

This pattern works all over the place . Get to know any kind of small business owner and you'll see they need good software that doesn't exist. Partly that's because they can be cheap and hard to market to at scale, which discourages deeper-pocketed software companies from going after them. But if you're solo and just interested in a lifestyle business with recurring revenue, it's a very reliable path.

A close friend of mine earns a lot of coin by pointing out to medical marijuana dispensaries that they have terrible websites. They are happy to pay him for redesigns. I've been thinking of doing something like that, but my aim would be to find websites that I regard as sucking particularly hard.

That's interesting. Every single one of my customers has a terrible website. Every. Single. One.

We're looking to expand into a subscription service that provides a CMS w/ dog-centric themes to our customers.

Shoot me an email, we should talk. Email address on my profile.

Re: Those making $1,000+/month on side projects – what did you make?

#395

Post by mappum »

klibertp wrote: post #390
mappum wrote: post #208

An Android app I made in a few hours makes $500/m from ads, and has 1M+ downloads on Google Play. It claims to be a radar detector for your phone, but that's not even possible (it's actually just completely random). The description says that it is for novelty purposes, but the reviews show people believe it works and it has a placebo effect. Most reviews say things like "I drove past a police station and it went off!…

No wonder you make money: charlatans often do. Take homeopathy for example, magic shops, so-called "healers" who manipulate your aura to make your cancer go away. Not to mention all the churches which have a very long tradition of exploiting by promising impossible things, just as you do. You really should add something like "WARNING: this is just a simulator, it doesn't work in real world at all ".

One thing is is fundamentally different than your examples: the money is coming from advertisers, not the users.

Re: Those making $1,000+/month on side projects – what did you make?

#396

Post by tomrohlf »

mcphage wrote: post #319
tomrohlf wrote: post #271

Earlier quoted context omitted.

I'm happy to answer some questions... can you be a bit more specific?

Well, what kind of companies do you work with—a printer, and a distributor? Any others? How did you find the ones you work with—and how did you know that they were the right ones? What have you done for marketing—gone to trade shows, paid for advertising, giving samples to the right people, or what? How well is it doing? Have you sales been steady, increasing, or was there a big burst at the start, and a trickle sinc…

I work only with a printer... Amazon is my distributor. I found them on Alibaba.

I'm starting to ramp up my marketing but to date I've done some adwords and advertising on Amazon.

Sales are steady, I don't reach $1000 every month but the holiday season more than makes up for it when you average it out.

Re: Those making $1,000+/month on side projects – what did you make?

#397

Post by mattm »

tkiley wrote: post #155

"Profitable side-project" might be an unstable equilibrium. If you're doing something without scale, it will die when you lose interest. If you're doing something with scale, perhaps it should grow into a bootstrapped startup. inquicker.com started as a hobby / learning opportunity (2005) and grew into a side project with about $20k/yr in recurring revenue from corporate customers (2008). Eventually, it turned into a…

Great job in being persistent!

Re: Those making $1,000+/month on side projects – what did you make?

#398

Post by sturmeh »

mappum wrote: post #208

An Android app I made in a few hours makes $500/m from ads, and has 1M+ downloads on Google Play. It claims to be a radar detector for your phone, but that's not even possible (it's actually just completely random). The description says that it is for novelty purposes, but the reviews show people believe it works and it has a placebo effect. Most reviews say things like "I drove past a police station and it went off!…

You should just make it detect a radar when it notices any hard acceleration. :P

Re: Those making $1,000+/month on side projects – what did you make?

#399

Post by mcphage »

tomrohlf wrote: post #396
mcphage wrote: post #319

Earlier quoted context omitted.

Well, what kind of companies do you work with—a printer, and a distributor? Any others? How did you find the ones you work with—and how did you know that they were the right ones? What have you done for marketing—gone to trade shows, paid for advertising, giving samples to the right people, or what? How well is it doing? Have you sales been steady, increasing, or was there a big burst at the start, and a trickle sinc…

I work only with a printer... Amazon is my distributor. I found them on Alibaba. I'm starting to ramp up my marketing but to date I've done some adwords and advertising on Amazon. Sales are steady, I don't reach $1000 every month but the holiday season more than makes up for it when you average it out.

Thanks for the info :-)

Re: Those making $1,000+/month on side projects – what did you make?

#400

Post by mappum »

sturmeh wrote: post #398
mappum wrote: post #208

An Android app I made in a few hours makes $500/m from ads, and has 1M+ downloads on Google Play. It claims to be a radar detector for your phone, but that's not even possible (it's actually just completely random). The description says that it is for novelty purposes, but the reviews show people believe it works and it has a placebo effect. Most reviews say things like "I drove past a police station and it went off!…

You should just make it detect a radar when it notices any hard acceleration. :P

It already is more likely to go off the higher your speed is. :P
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