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Your best passive income? (2014)

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Re: Your best passive income? (2014)

#211
I wrote a sci-fi short novel that received a good feedback (surprisingly not at Amazon, where nobody has reviewed it). It's placed at the iBookstore and the Kindle store, and it sells some units from time to time:

http://www.amazon.com/value-memories-Carlos-Paramio-Danta-eb...

https://itunes.apple.com/en/book/the-value-of-memories/id573...

Re: Your best passive income? (2014)

#212

SearchTempest.com got to the point where it was my main gig about 5 years ago, although it's since leveled off. Like anything, you end up being pretty active if you want to continue making that "passive" income. :)

I've used this on multiple occasions! Awesome site! Do you mind revealing how much it was generating?

Re: Your best passive income? (2014)

#213

I run Built With Bootstrap ( http://builtwithbootstrap.com ). It's making 4 figures a month at the moment. It's mostly passive income as I spend no more than a few hours per week actually working on the site. Though I spend considerably more monitoring the stats and feeds etc etc My biggest win with this site is the extremely low cost to run it - something I want to talk about more if anyone's interested. My only rea…

That's a great return, good work! Are the profits mostly from affiliate click throughs to ThemeForest and the like?

Re: Your best passive income? (2014)

#214
post #109

Earlier quoted context omitted.

I'm convinced this is the best type of passive income. A job with minimal work (perhaps some kind of security guard or IT support) sitting at a desk. I would use the opportunity to work on my own projects that would actually make me money, all the while getting paid.

Yeah I want this.

Like others have said below you think you do and you do for a while but then it starts to wear on you, big time. All that extra time you have at work becomes oppressing and personal projects suffer if you work on them at all. I'm looking to either go back to school or find a tougher job, I've even considered landscaping or construction since it's generally non-stop but it would be a detrimental pay cut.

Re: Your best passive income? (2014)

#215
post #195

I run Built With Bootstrap ( http://builtwithbootstrap.com ). It's making 4 figures a month at the moment. It's mostly passive income as I spend no more than a few hours per week actually working on the site. Though I spend considerably more monitoring the stats and feeds etc etc My biggest win with this site is the extremely low cost to run it - something I want to talk about more if anyone's interested. My only rea…

I've visited that site quite a few times and I'm very interested in how you're keeping running costs low.

As galfarragem mentions, it runs on Tumblr to start with. This is a totally free, simple blogging platform, pretty much perfectly suited to the needs of the site.

I get awesome hosting for free and a fair amount of flexibility. Yes there are limitations and the admin of the site isn't quite as easy, but when you haven't got much admin it's ok.

The most important reason for choosing Tumblr was the Submissions feature. Visitors can submit a post just as I need it to be. It costs them nothing, it costs me nothing - all the hard work is done (mostly - I obviously need to do some editing, but this is minimal.)

But the absolute killer feature of Tumblr is the queue. Without this, there's no way I could manage the site.

Would I like more features from Tumblr? Sure. Will it happen? Probably not. Do I need those features? Not right now.

I handle all submissions myself, the Twitter feed, Facebook Page, Google+ page... all done by me (with the help of the awesome http://bufferapp.com/)

I use IFTTT (http://ifttt.com) to check for new posts on Tumblr and cross-post to Buffer (Twitter) and Facebook - this isn't perfect yet because I'd like it to use Buffer for Facebook, Twitter and Google+, but IFTTT doesn't support that yet.

Technically the $10/month for Buffer is a cost... but I use it personally and on other projects, so this is obviated by the fact that I would be using it anyway.

I use the awesome BuySellAds (http://buysellads.com) to serve ads. Yes they take a cut and this too is technically a "cost"... but it comes straight out of money I wouldn't be making anyway so I don't see it as a cost.

I also run with a few affiliates and these bring in a little extra revenue.

Re: Your best passive income? (2014)

#216

Not much has changed since the last thread. Improvely ( https://www.improvely.com ) is still in the 5-digit monthly RR range and growing, and I do no outbound marketing other than some PPC ads that don't need much active management. Everything that can be automated has been automated (onboarding, lifecycle mails, dunning mails for billing issues, etc), leaving me free to spend all my time on support and improving the…

Dan, I love your date range picker. I use it all the time. Thanks.

second that. Using it as an angular directive. It's really nice!

Re: Your best passive income? (2014)

#217

A stupid app, called That's Not Funny, that I wrote in 2008 or so to teach myself Android programming (when v1 came out) continues to make around $40 a month from ads. https://play.google.com/store/apps/details?id=com.vbrad.andr... I wrote it, released it, then to my surprise, it got a pretty massive amount of downloads. Over the years, I've updated it to new versions of the OS, but very minimal work. Not a lot of mo…

I made a very simple word jumble app, I get some dollars a month from ads. The one thing that blows my mind is that people still download it, how do they ever find it? :-)

https://play.google.com/store/apps/details?id=in.seventy9.ju...

Re: Your best passive income? (2014)

#218
post #50

I know this isn't entirely passive, but I occasionally rent my spare room on AirBnB. I'm quite clear that it's a basic room and if they use the kitchen etc. they need to clean up after themselves - this isn't a hotel I'm running... So there's basically no work to do other than cleaning the bedsheets, which I do as part of cleaning my bedsheets anyway... I do this for a maximum of 1week/month, which gets me roughly £4…

Sounds like it's treating you well but have you had problems or do you price it so you generally price-out those that might less than savory characters?

Re: Your best passive income? (2014)

#219
I'm making negative 15 USD/month hosting two side projects:

http://srctree.net - A pastebin with version control http://blocksim.net - A poor man's online simulink-like thingy

I am aware that there is a _lot_ of room for improvement in both services, but the fact that nobody uses it at all is not very motivational.

Re: Your best passive income? (2014)

#220
post #204

I run Built With Bootstrap ( http://builtwithbootstrap.com ). It's making 4 figures a month at the moment. It's mostly passive income as I spend no more than a few hours per week actually working on the site. Though I spend considerably more monitoring the stats and feeds etc etc My biggest win with this site is the extremely low cost to run it - something I want to talk about more if anyone's interested. My only rea…

Hi simonhamp, Congrats on the project! I'd love to hear more about how you're running it for so low cost! Have you open sourced the site? I'd love to also hear your stack. I've managed to keep all my projects (even one exceeding 5 Million+ ) extremely low cost (pretty much the domain name only as well) and always looking for more ideas to save! Feel free to PM me as well!

Thanks Zaheer. Please see my other comment to cko
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