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Your best passive income? (2014)

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261–270 of 437 posts

Re: Your best passive income? (2014)

#261

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…

Silly question, What is "RR"?

Re: Your best passive income? (2014)

#262

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…

Silly question, What is "RR"?

Recurring Revenue

Re: Your best passive income? (2014)

#263

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…

Silly question, What is "RR"?

"RR" is recurring revenue.

Re: Your best passive income? (2014)

#264
post #14

Income is often called passive but essentially there is always something you need to do, monitor, improve or change in order to keep cash flow steady. If you don't, your income will decrease over time until reaching zero. It is surely easier to maintain "passive income" than to start from scratch.

I interpret "passive" to mean "not directly trading time for money".

Re: Your best passive income? (2014)

#265
post #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.

Don't you think you need some customer feed back on why its not that useful and incorporate those feedback on your products?

To get feedback you can simply ask someone who uses a similar tool to spend time on it and give a harsh but true review flat on your face. :P

Re: Your best passive income? (2014)

#266

I'm currently earning around $45-60 a day mining cryptocurrencies with a little over $5000 in hardware. Once setup it's completely passive. Edit: ROI could be improved a bit on this too since I intentionally bought hardware that was good to experiment with rather than optimizing ROI.

Is that net of energy costs?

Energy costs about $6 a day.

Re: Your best passive income? (2014)

#267
post #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.

I have been looking for a Markdown-aware pastebin for ages. If you add this one function I will use your service extensively / exclusively. Good luck!

Re: Your best passive income? (2014)

#268

Earlier quoted context omitted.

You got the copyright holders' permission to use those gifs, I take it?

I’m genuinely interested: do you have any example of a GIF/LOL website which owns the rights on the published content?

No. I just think it's unethical to make money from someone else's work without compensating them.

"But everyone else is doing it" is the kind of reasoning small children use.

Re: Your best passive income? (2014)

#269
post #138
post #53

Earlier quoted context omitted.

You have to think bigger man. Outsource the outsourcement... Interact with top-level outsourcer once per week... he interacts with low-level outsourcer daily. Profit.

Relevant: "Man reportedly outsources his own job to China, watches cat videos" http://articles.latimes.com/2013/jan/17/business/la-fi-mo-ma...

this may be veering off-topic, but why would an employer-- especially a big one with lots of individual consumers as customers-- be willing to make it publicly known that that occurred?

doesn't it undermine consumer confidence in their business?

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