121–130 of 344 posts
Conferencebadge.com(+Leanticket.com) started in January 2013, generates ~$36k / month and growing. Interesting to note we were reject after interviewing in SF for YC S2013. We are a team of four working on this. Mostly part time, customer support, fulfilment with partners. The money from this enables us to focus most of our time on a newly not announced projet, which we plan to launch in spring 2015. We plan to apply…
Just wanted to add a note: Most people who aren't making anything won't be posting, so results will be drastically skewed. So for anyone here getting discourage because they think their a minority - think otherwise (And then get back to work on trying to get your own setup ;))
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People on H1B, like me, simply can't. It is ilegal to have any income coming anywhere else other than the employer associated to the H1B... It is ilegal to even make money on ads on a blog... this completely sucks and is very frustrating.
That is not true. You can be on H1B and not work for a business as an employee but can own a business. Making money on ads on a blog is perfectly legal.
Do you have any links that show that ads on a blog are legal? All the research that I've done came to the same conclusion.
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People on H1B, like me, simply can't. It is ilegal to have any income coming anywhere else other than the employer associated to the H1B... It is ilegal to even make money on ads on a blog... this completely sucks and is very frustrating.
How about if the income is in your country of origin? Can't your side project just pay out where ever you're from? It's the Internet, websites aren't really located anywhere.
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2 properties, currently looking for a third. Probably about 3 hours / month right now max. Edit: It's so low because I buy properties that are in good shape. I have a full time job so I wouldn't have time to focus on doing repairs and improvements.
been looking into real estate investment lately, what do you consider a good roi?
More specific ROI calculations are good, but people typically forget a lot of expenses (repairs, vacancy, time spent managing, etc) and end up calculating an unrealistic ROI. After accounting for all that stuff, at least 8% cash-on-cash, plus more in debt repayment.
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I have more then 60k in the account. Yes, results are atypical. I said that in the blog post. I also said assume 8% a year returns on average. Edit: Btw, everything you said is true. And great advice for those trying to follow a similar path. I rarely even check my on my stocks, it's mostly set it and forget it. I simplified this for family members and friends who I think would benefit greatly from investing.
Hey Steven, I saw what your investing allocation was from your blog post 60% VTSAX, 25% VTIAX, 10% VGSIX, & 5% VBTLX Have you heard of betterment? https://www.betterment.com/portfolio/ What do you think of betterments portfolio strategy and allocation? For younger people they recommend 90% stocks 10% bonds.
I like lazy allocations, take a look at this: http://www.bogleheads.org/wiki/Lazy_portfolios
Also, keep in mind that any investment you do it is WAY better to do it in tax advantaged accounts (401k, roth ira, ira, etc). Typical advice goes like this
Max out 401k up to company match Max out roth ira (currently 5500 a year) Max out 401k fully (up to 22,500 a year) Invest in non tax advantaged accounts
When you contribute to 401k it lowers your taxable income, so if you make 80k, and contribute 20k to your 401k, you only pay taxes on 60k which can be great for tax savings.
Conferencebadge.com(+Leanticket.com) started in January 2013, generates ~$36k / month and growing. Interesting to note we were reject after interviewing in SF for YC S2013. We are a team of four working on this. Mostly part time, customer support, fulfilment with partners. The money from this enables us to focus most of our time on a newly not announced projet, which we plan to launch in spring 2015. We plan to apply…
Looks really nice. I'm suprised lanyrd.com and similar didn't get that idea. Charging per badge is a nice business model.
I think the success of the plateforme was in our ability to mitigate all the pain points of managing attendees badges, which is not a sexy business.
I generate about $1750 USD per month producing training videos for Pluralsight, most recently on how developers can make sense of agile. http://www.pluralsight.com/author/jeremy-jarrell The $1750 month is the current rolling average. It can be much more when a new course is launching.
The new microsites are actively maintained (blogging, product updates, support questions, security) and definitely not passive, but some of our older ones from 2010-2011, like http://www.coconutwaterlife.com sit around collecting Amazon money for doing next to nothing.
The non-maintained network of sites earns about $500/month.
That sounds great, but honestly, I wasted so much time building so many of them -- scaling business in the wrong direction instead of building a real brand -- that at this point, I believe that had I spent the time working on the main PricePlow setup in those two crucial years, my returns would be far higher than what I'm getting from screwing around with a ton of microsites.
Plus, pareto principle. 10% of the old sites make 90% of the passive revenues. The rest of them were total WOMBATs.