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Ask HN: What is the best income stream you have created till date?

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Re: Ask HN: What is the best income stream you have created till date?

#351

Post by mellifluousbox »

dvko wrote: post #304

It’s definitely not my passion but in 2013 I built a WordPress plugin around the API of a popular newsletter service and it’s been paying my bills ever since. Still going strong at €36K per month excluding VAT. There was (and still is) a huge market where non-technical people are looking for a GUI around something a programmer would find very simple (and usually too boring to work on). More so if the tech surrounding…

Congrats!

I would be interested in the M&A idea. I'm managing director of a B2B SaaS company, which is owned by a European private-equity fund. So I would have access to capital to finance such a transaction (without taking a cut on it!).

My email address is in my profile, or feel free to send me yours.

Re: Ask HN: What is the best income stream you have created till date?

#352

Post by powvans »

MawKKe wrote: post #288
oefnak wrote: post #261

Earlier quoted context omitted.

Yes, take the free books meant for poor students and sell them! (It's smart, but I think it is morally wrong.)

to me it sounds like they were serving the interest of poor students by distributing cheap books to where there was demand. Otherwise those books could have been left in the bin gathering dust

They would have just thrown them in the dumpster. The point of the bin was to stop people from filling the trash cans with their used books.

Re: Ask HN: What is the best income stream you have created till date?

#353

Post by spaceman_2020 »

godmode2019 wrote: post #117
spaceman_2020 wrote: post #99

I've had quite a few: 1. Selling domain names. This was when I was in college and somehow traded my way into mid-high five-figure domain names. I turned over $100k in profits in a year, and then 2008 happened and all markets collapsed. 2. Starting a D2C brand. Shipping is automated via a third-party provider. Sourcing is easy since I have a very reliable supplier. All marketing is through word of mouth. I get around…

How did you sell them? I have a bunch of domain names but never figured out a way to sell them.

Currently, I'm mostly using Dan.com. My earlier successes were largely trading on domain name forums (DNForum, NamePros) but they've been dead for quite a while.

Re: Ask HN: What is the best income stream you have created till date?

#355

Post by atmosx »

jawns wrote: post #32
jobs_throwaway wrote: post #30

Earlier quoted context omitted.

what kind of book?

Details are in my bio, but it's a pop-science book for new parents. It got a big publicity boost when Parents magazine ran excerpts, and a gigantic publicity boost when "The Big Bang Theory" wrote an episode where my book was a central plot element.

I love the BBT show, well the early seasons more than the later ones, but still it's an amazing feat to featured in a world-wide blockbuster loved by geeks :-)

ps. Most pharmacy university students were closely familiar with the show, there was an abundance of references during classes.

Re: Ask HN: What is the best income stream you have created till date?

#356

Post by atmosx »

edanm wrote: post #93
jawns wrote: post #32

Earlier quoted context omitted.

Details are in my bio, but it's a pop-science book for new parents. It got a big publicity boost when Parents magazine ran excerpts, and a gigantic publicity boost when "The Big Bang Theory" wrote an episode where my book was a central plot element.

Oh I got your book years ago based off of an HN comment. What a fun book. Got it for baby #1 but I'm on baby #3 now :)

congrats!

Re: Ask HN: What is the best income stream you have created till date?

#357

Post by noisenotsignal »

c1c2c3 wrote: post #268

Not my highest paying role but I write material related to Computer Science. I've written chapters of books, online revision material, online CPD courses etc. So far it is all related to Computer Science education - the books are school textbooks, some CPD is aimed at trainee (or pre-trainee) teachers, whilst other bits are aimed at existing teachers to help upskill them. Most of the work is for well known publishers…

How did you get started in this kind of role? Did you first create your own content and then publishers reached out because of it?

Re: Ask HN: What is the best income stream you have created till date?

#358

Post by EricMausler »

lotsofpulp wrote: post #57
EricMausler wrote: post #43

Earlier quoted context omitted.

Assuming average 3% inflation, your parents have earned an equivalent of about $3000 worth of today's purchasing power per month on average.

Wouldn’t you have to subtract the cost of the parents’ alternative living accommodations from those “earnings”?

I dont think so because they were able to live in the property while it gained value, so they didn't need to spend on other accommodations. Alternative living costs would factor in towards the decision to sell and what they can get with that value today, but im not seeing how it reduces the earnings.

You would need to subtract the YOY property taxes and maintenence costs (with inflation) to get actual net earnings, though

Re: Ask HN: What is the best income stream you have created till date?

#359

Post by lotsofpulp »

EricMausler wrote: post #358
lotsofpulp wrote: post #57

Earlier quoted context omitted.

Wouldn’t you have to subtract the cost of the parents’ alternative living accommodations from those “earnings”?

I dont think so because they were able to live in the property while it gained value, so they didn't need to spend on other accommodations. Alternative living costs would factor in towards the decision to sell and what they can get with that value today, but im not seeing how it reduces the earnings. You would need to subtract the YOY property taxes and maintenence costs (with inflation) to get actual net earnings, t…

What is the point of unrealized gains if you can never realize them (spend them)?

One use case is being able to borrow more against the increased value, but I do not think that it is a good idea for 99% of people to use their primary residence as leverage.

Re: Ask HN: What is the best income stream you have created till date?

#360

Post by qorrect »

KingOfCoders wrote: post #301
Throw10987 wrote: post #237

Earlier quoted context omitted.

This used to be the way. Now it takes a whole team to put a textbox on a Web app.

No. It's just what we chose - http://www.radicalsimpli.city/

I have never seen this chart before today http://www.radicalsimpli.city/Complexity2005_2021.svg. I have seen it three times in the space of an hour on different websites.
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