21–30 of 44 posts
Passive income is a myth. It's the HN equivalent of an infomercial. Cue stories of the masses who had wealth rained down on them by doing very little work:
Ah, your problem is you haven't yet bought my book on passive income success.
Passive income is a myth. It's the HN equivalent of an infomercial. Cue stories of the masses who had wealth rained down on them by doing very little work:
And I also want to point out that nobody is talking about "wealth" around here, just about a few more bucks.
I guess you're employed and you're looking for some extra money. I have a boring question I'm afraid: what about taxes? How does it work in Austria?
I'm currently doing contract work for a client in the US and well yeah this is some sort of approach for getting some extra money. Right now I'm studying in Germany and the german tax law applies to me. If the extra money gets over a specific amount per month you'd have to register a traders-license (in case you're selling stuff next to your job, there's the usual income tax and if you get over a even bigger amount y…
Hi Patrick, Good luck. I've been doing app dev since Jan of this year. I blogged about the profits I experienced in the first few months here: [ http://burnsmod.com/business/2012/04/23/My-First-2-Months:-A... ] What you have right, in my opinion: - you have low expectations to start - you haven't quit your job - none of your plans sound crazy - of your proposed ideas, writing wordpress themes is probably the most pot…
I have a successful porn blog but have not monetized it. How can I do that? Which ad networks will provide me with the most revenue? Any advice would be very much appreciated...I've been mulling this question for a while but don't know much about ad networks outside of AdSense.
Passive income is a myth. It's the HN equivalent of an infomercial. Cue stories of the masses who had wealth rained down on them by doing very little work:
I don't see passive income like that. I see passive income as something you can gain by spending some of your free time to get recurring money.
Hi Patrick, Good luck. I've been doing app dev since Jan of this year. I blogged about the profits I experienced in the first few months here: [ http://burnsmod.com/business/2012/04/23/My-First-2-Months:-A... ] What you have right, in my opinion: - you have low expectations to start - you haven't quit your job - none of your plans sound crazy - of your proposed ideas, writing wordpress themes is probably the most pot…
Hi Patrick, Good luck. I've been doing app dev since Jan of this year. I blogged about the profits I experienced in the first few months here: [ http://burnsmod.com/business/2012/04/23/My-First-2-Months:-A... ] What you have right, in my opinion: - you have low expectations to start - you haven't quit your job - none of your plans sound crazy - of your proposed ideas, writing wordpress themes is probably the most pot…
> Blogging for ad revenue is not going to be very > successful unless you start a porn blog. I have a successful porn blog but have not monetized it. How can I do that? Which ad networks will provide me with the most revenue? Any advice would be very much appreciated...I've been mulling this question for a while but don't know much about ad networks outside of AdSense.
The money is in affiliate networks that pay you a fee for signup/purchases. Fleshlight was about 70% of my revenue, and paysite affiliate networks was the rest.
I was hosting my blog on blogger at the time so I just integrated banner ads into the template and submitted my links to FARK at the time for views.
Passive income is a myth. It's the HN equivalent of an infomercial. Cue stories of the masses who had wealth rained down on them by doing very little work:
I've had adsense sites making a few hundred $ a month since 2005. Its hands off to the point I don't even know what they made until I get the 1099 from Google each year.
However every (or nearly every) business that makes money truly passively is an under performer. They are like boats without captains that have not sunk yet. Those same sites, along with the A list domains some are on should be earning $200k+ a year by now.
In that sense, I would define passive income as doing a terrible job on a stellar business model.
Of course, there are also businesses employees or partners can run. Those absolutely can be done. I have one project like that right now. But, just like a dividend paying stock or bond, you are going to have to put in a serious asset to minimize the chance of the people running the show from fleeing.