Passive income sources (summer 2015)

#1

Post by kirk21 » Fri, Jul 24, 2015, 10:08 AM UTC

What is your source of passive income? Context: http://goo.gl/0zjoKp

My sources: automated Twitter/Facebook pages about popular TV shows and am working on a tool for freelance devs (http://www.recurvoice.com)

Earlier editions of this topic:

https://news.ycombinator.com/item?id=7094402

https://news.ycombinator.com/item?id=6661536

https://news.ycombinator.com/item?id=4639271

https://news.ycombinator.com/item?id=387789

https://news.ycombinator.com/item?id=5903868

Re: Passive income sources (summer 2015)

#2

Post by ancymon » Fri, Jul 24, 2015, 1:41 PM UTC

How automatic Twitter/Facebook pages give you income?

Re: Passive income sources (summer 2015)

#3

Post by andersthue » Fri, Jul 24, 2015, 7:05 PM UTC

Base income from http://www.watermark-image.com - it makes some thousands every month.

I am using the income to build a SaaS app for my new working method called TimeBlock that helps Makers & Managers work better together and deliver a better product to their customers while being transparent and sleeping better.

Currently it is making 490$ in MRR from 4 customers with a total of 10 users.

Re: Passive income sources (summer 2015)

#4

Post by kzisme » Fri, Jul 24, 2015, 8:22 PM UTC

ancymon wrote: post #2

How automatic Twitter/Facebook pages give you income?

I'm curious as well...

Re: Passive income sources (summer 2015)

#5

Post by pki » Fri, Jul 24, 2015, 10:12 PM UTC

kzisme wrote: post #4

ancymon wrote: post #2

How automatic Twitter/Facebook pages give you income?

I'm curious as well...

You can "sell" tweets to followers for money.

Re: Passive income sources (summer 2015)

#6

Post by ancymon » Sat, Jul 25, 2015, 11:59 AM UTC

pki wrote: post #5

kzisme wrote: post #4

Earlier quoted context omitted.

I'm curious as well...

You can "sell" tweets to followers for money.

That doesn't seem to be passive.

Re: Passive income sources (summer 2015)

#7

Post by KG1 » Sat, Jul 25, 2015, 2:36 PM UTC

Could you go in further detail about the automated social media pages?

Re: Passive income sources (summer 2015)

#8

Post by endriju » Sat, Jul 25, 2015, 10:29 PM UTC

In 2014 I have worked on http://exmerg.com but it wasn't until recently for it to start generating some passive income. Still, the infrastructure costs (AWS) are higher than the revenue, so money wise the balance is passive (not counting the hours spent building the service which I could use for client work).

The positive side effect of building it was having additional source of motivation to learn new things in various fields like UI/UX design, cloud services, business operations and other SaaS related stuff.

The main lesson it taught me was how much hidden work needs to be done to attract users and monetize a web service. I think a start-up that would make it easier to deploy, maintain and monetize web services would be an interesting one.

Re: Passive income sources (summer 2015)

#9

Post by mtmail » Sun, Jul 26, 2015, 1:35 AM UTC

kzisme wrote: post #4

ancymon wrote: post #2

How automatic Twitter/Facebook pages give you income?

I'm curious as well...

I imagine (but don't know) a tweet whenever an episode is aired and a link either going to a product or affiliate page. E.g. https://twitter.com/hashtag/tvshowtime?src=hash

Re: Passive income sources (summer 2015)

#10

Post by kirk21 » Tue, Jul 28, 2015, 2:24 PM UTC

mtmail wrote: post #9

kzisme wrote: post #4

Earlier quoted context omitted.

I'm curious as well...

I imagine (but don't know) a tweet whenever an episode is aired and a link either going to a product or affiliate page. E.g. https://twitter.com/hashtag/tvshowtime?src=hash

Yup, that is it. Affiliate links include T-shirts, books and posters. Only makes me +-40 USD a month but it is something.