I earned about that much, completely passive, within 2 mos and it's been recurring with no extra work, doing some basic SEO and adsense work, see http://www.youtube.com/watch?v=1merER1zVFg , skip to minute 2:40 to see my business model in work
Very cool video. How long have you been at this?
Ask HN: Fastest way to make $300-400 a month online?
131–138 of 138 posts
Re: Ask HN: Fastest way to make $300-400 a month online?
#132I earned about that much, completely passive, within 2 mos and it's been recurring with no extra work, doing some basic SEO and adsense work, see http://www.youtube.com/watch?v=1merER1zVFg , skip to minute 2:40 to see my business model in work
Interesting. I've been considering a digital nomad lifestyle for a few months now. Watching your video has just given me another nudge. A few questions. Your Reliance Wireless Broadband stick.. What speeds can you get upto on it? Can you stream youtube videos smoothly? About your 4hww model. If you're outsourcing all your writing, editing, seo marketing.. does that leave any profits left for you?
the costs are minuscule in comparison to the profits, esp caus ethe costs are one day costs and the profits are passive and month fter month
Re: Ask HN: Fastest way to make $300-400 a month online?
#133Earlier quoted context omitted.
I posted an article from SAI the other day. Only 25% of local businesses are advertising online. Mostly because it's complicated and scary as shit to them. Of those 25%, 60-80% churn. That's because the companies doing this are so bloated that they only spend 50-60% on the actual ad buy and the rest on admin expenses. So yeah, the performance sucks. I also read 91% of local businesses are unhappy with their online ma…
My friend made a healthy full time income dealing with just local advertising and building a network of sites for his city (some place in Pennsylvania). Businesses spend a ridiculous amount of money on offline advertising (ie. Yellowpages), so much that when you come to them offering online advertising for ridiculously low prices ($50-100/mo.) they just go for it most of the time. A Yellowpages ad can cost $500-1500/…
I was so inspired by this model, that I actually generated a list of all cities in pennsylvania and the corresponding {cityname}furniture.com, {cityname}dentists.com, {cityname}antiques.com, only to find that almost all of the registered domains were just parked on GoDaddy or AdSense spam sites :(
I'm not trying to be a dick - the domain names your friend used probably follow a different pattern - but I'd really love to see an example of this.
Thanks a lot for an inspiring post!
Re: Ask HN: Fastest way to make $300-400 a month online?
#134I earned about that much, completely passive, within 2 mos and it's been recurring with no extra work, doing some basic SEO and adsense work, see http://www.youtube.com/watch?v=1merER1zVFg , skip to minute 2:40 to see my business model in work
Re: Ask HN: Fastest way to make $300-400 a month online?
#135how many hours a month are you willing to work for $300-$400 a month. Or do you want to do x amount of work and expect to get $400 a month for life?
I'm not expecting $400 for life, I'm more interested in trading time for money. How much time? Theoretically that should depend on how good I am. Some of the opportunities people (such as patio11) have posted are what I'm interested in. I will be following up on some of those. On the other hand, I also find some of the longer-term infrastructure-building advice (e.g. SEO, e-book stuff) useful, provided it's got a hig…
Re: Ask HN: Fastest way to make $300-400 a month online?
#136how many hours a month are you willing to work for $300-$400 a month. Or do you want to do x amount of work and expect to get $400 a month for life?
I'm not expecting $400 for life, I'm more interested in trading time for money. How much time? Theoretically that should depend on how good I am. Some of the opportunities people (such as patio11) have posted are what I'm interested in. I will be following up on some of those. On the other hand, I also find some of the longer-term infrastructure-building advice (e.g. SEO, e-book stuff) useful, provided it's got a hig…
It's much easier to build something that makes thousands of dollars a month than something that makes hundreds of dollars (and it keeps scaling up).
It's much easier to succeed when you give yourself a few years than a few months.
Re: Ask HN: Fastest way to make $300-400 a month online?
#137Earlier quoted context omitted.
Python, ruby, php, scheme, c, c++, java. Any ideas how quickly I could make the money off of something like elance (or how quickly you could, since we don't know our relative coding speeds)? Likewise for Mechanical Turk?
I would recommend elance. From the other side of the fence - We hire a lot of people off elance (currently spending about $6k per week). I think it's a great way for people from lower-cost countries who are competent and with good english to be able to earn money. It also works pretty well for us with what we do. From a supplier point of view, there's two options - either going for fixed price bids for projects, or f…
I'd like to point out a few differences between our service and Elance since those differences could influence your satisfaction and earnings.
=== Cost: ===
The more a site charges you, the less you have to put in your own pocket at paycheck time. Unlike Elance, Rent A Coder does not charge you a monthly subscription fee for any bidding or certification privileges.
1) Free and unlimited bidding and certification privileges ------------------- Workers on Elance cannot place more than 10 bids a month unless they pay a subscription fee ($10/month for 25, $20/month for 40 or $40/month for 60). They also cannot be certified in over 5 areas without paying the same fee. Rent A Coder does not charge any subscription fees.
=== Working with a new buyer on Pay-for-Deliverables projects: ===
The cheapest and easiest way to work with a buyer is to bill by the hour (called pay-for-time). However, a new buyer doesn't know yet that you're productive, and won't run up a huge bill with fluff hours. To help you establish that trust, both Elance and Rent A Coder let you work with them safely by bidding a fixed price for the final deliverables (called pay-for-deliverables). However, Elance's extra charges for arbitration may make it prohibitively expensive to exercise your rights.
2) Payment Guarantee ------------------ If a buyer doesn't pay you for work you've properly delivered, both sites will step in and give you the funds via arbitration. However Rent A Coder does this for free. If a buyer doesn't pay you for work you've properly delivered, both sites will step in and give you the funds via arbitration. However Elance charges you $66-$133 to do this. This may also make it impractical to get paid on smaller projects. Rent A Coder, on the other hand, does this for free.
3) Arbitration --- On Rent A Coder you can start arbitration immediately. A buyer intent on abusing the system can stall the start of arbitration on Elance for 21 business days and during this period your money is not available to you. During the first phase (dispute assistance), the buyer has up to 3 business days to respond, and can make this phase last up to 12 additional business days (15 business days total). After this, the arbitration phase 'begins', but does actually start because the buyer is given 3 business days to acknowledge the notice of arbitration, and the another 3 business days if they did not acknowledge the first notice. Only at this point is arbitration actually started. See the Elance contract for more information.
=== Working with a buyer you know on Pay-for-Time projects: ===
Once a buyer trusts that you won't bill them for unproductive hours, you can bill them by the hour (called pay-for-time). This has many advantages over pay-for-deliverables including cheaper fees, flexibility (you don't have to define all the requirements in advance to start working) and less risk (under-estimates are no longer your responsibility to bear). However Rent A Coder guarantees payment, while Elance does not.
4) Guraranteed Payment ------ Rent A Coder guarantees payment for every hour you properly record in the AccuTimeCard. It also requires the buyer to escrow the funds for the week in advance to make sure they are good for the money. If they try to withhold payment unfairly, Rent A Coder will award you the funds. Elance does not force the buyer to escrow funds on pay-for-time projects. As a result, it does not guarantee payment, and you may do the work and receive less than you agree (or nothing at all). Rent A Coder does guarantee payment.
There are other differences as well. I invite everyone to compare the 7 major services through this link to learn even more: http://www.rentacoder.com/RentACoder/DotNet/misc/CompetitorI...
If you have any questions, please let me know. You can also call in to talk to a facilitator 7 days a week, or email us (see http://www.rentacoder.com/RentACoder/misc/Feedback.asp).
Nicole www.rentacoder.com
Re: Ask HN: Fastest way to make $300-400 a month online?
#138try some freelance boards, like elance.com, create a blog(no fast money here) , try meacanical turk...what language do you programm? offer your services for free to build some referals, and set a portfolio with those referals.
I'd like to point out a few differences between our service and Elance since those differences could influence your satisfaction and earnings.
=== Cost: ===
The more a site charges you, the less you have to put in your own pocket at paycheck time. Unlike Elance, Rent A Coder does not charge you a monthly subscription fee for any bidding or certification privileges.
1) Free and unlimited bidding and certification privileges ------------------- Workers on Elance cannot place more than 10 bids a month unless they pay a subscription fee ($10/month for 25, $20/month for 40 or $40/month for 60). They also cannot be certified in over 5 areas without paying the same fee. Rent A Coder does not charge any subscription fees.
=== Working with a new buyer on Pay-for-Deliverables projects: ===
The cheapest and easiest way to work with a buyer is to bill by the hour (called pay-for-time). However, a new buyer doesn't know yet that you're productive, and won't run up a huge bill with fluff hours. To help you establish that trust, both Elance and Rent A Coder let you work with them safely by bidding a fixed price for the final deliverables (called pay-for-deliverables). However, Elance's extra charges for arbitration may make it prohibitively expensive to exercise your rights.
2) Payment Guarantee ------------------ If a buyer doesn't pay you for work you've properly delivered, both sites will step in and give you the funds via arbitration. However Rent A Coder does this for free. If a buyer doesn't pay you for work you've properly delivered, both sites will step in and give you the funds via arbitration. However Elance charges you $66-$133 to do this. This may also make it impractical to get paid on smaller projects. Rent A Coder, on the other hand, does this for free.
3) Arbitration --- On Rent A Coder you can start arbitration immediately. A buyer intent on abusing the system can stall the start of arbitration on Elance for 21 business days and during this period your money is not available to you. During the first phase (dispute assistance), the buyer has up to 3 business days to respond, and can make this phase last up to 12 additional business days (15 business days total). After this, the arbitration phase 'begins', but does actually start because the buyer is given 3 business days to acknowledge the notice of arbitration, and the another 3 business days if they did not acknowledge the first notice. Only at this point is arbitration actually started. See the Elance contract for more information.
=== Working with a buyer you know on Pay-for-Time projects: ===
Once a buyer trusts that you won't bill them for unproductive hours, you can bill them by the hour (called pay-for-time). This has many advantages over pay-for-deliverables including cheaper fees, flexibility (you don't have to define all the requirements in advance to start working) and less risk (under-estimates are no longer your responsibility to bear). However Rent A Coder guarantees payment, while Elance does not.
4) Guraranteed Payment ------ Rent A Coder guarantees payment for every hour you properly record in the AccuTimeCard. It also requires the buyer to escrow the funds for the week in advance to make sure they are good for the money. If they try to withhold payment unfairly, Rent A Coder will award you the funds. Elance does not force the buyer to escrow funds on pay-for-time projects. As a result, it does not guarantee payment, and you may do the work and receive less than you agree (or nothing at all). Rent A Coder does guarantee payment.
There are other differences as well. I invite everyone to compare the 7 major services through this link to learn even more: http://www.rentacoder.com/RentACoder/DotNet/misc/CompetitorI...
If you have any questions, please let me know. You can also call in to talk to a facilitator 7 days a week, or email us (see http://www.rentacoder.com/RentACoder/misc/Feedback.asp).
Nicole www.rentacoder.com