Let the adventurous journey begin: Passive Income
patrick-wied.at
Let the adventurous journey begin: Passive Income
1–10 of 44 posts
Re: Let the adventurous journey begin: Passive Income
#2thanks for the upvotes guys, but I'd even more appreciate some valuable feedback, tips, and would love to hear about your experiences in this field :)
Re: Let the adventurous journey begin: Passive Income
#3I've done a few passive income projects, and by far the most lucrative have been:
a) Self-serve subscription services (SaaS/hosting platforms have a high buy-in, but are very low maintenance once they're revved)
b) Ad-supported projects targeted at loyal niche markets. (Building enough audience for any ad-supported project is hard enough already; if you can build a tool that hooks into an existing community, go for it!)
Re: Let the adventurous journey begin: Passive Income
#4thanks for the upvotes guys, but I'd even more appreciate some valuable feedback, tips, and would love to hear about your experiences in this field :)
Some pretty good passive suggestions! My personal favorite is iOS app sales, which seem to bring in a couple of extra bucks per day if you have something people use.
Re: Let the adventurous journey begin: Passive Income
#5Here is my impression of code canyon… most devs would be better off building their own site for selling their code (not true for themeforest and themes).
Look at gravityforms, ninjaforms, popup domination, eventespresso etc.
I think if I were going to focus on wordpress analytics (assuming from your post). I would build a free plugin that had paid components as add ons all revolving around analytics.
See --> http://www.wpbeginner.com/opinion/is-this-the-future-product...
Re: Let the adventurous journey begin: Passive Income
#6Passive 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:
Re: Let the adventurous journey begin: Passive Income
#7Passive 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.
Re: Let the adventurous journey begin: Passive Income
#8I 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?
Re: Let the adventurous journey begin: Passive Income
#9Passive 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.
Agreed. I think it's better to say it takes time up front. But the upfront work may take a while.
I spent six months last year writing explanations for a standardized test. It was extraordinarily boring. But now I get $1000-$1500 per month in licensing fees.
I think there are lots of passive income opportunities for developers to make passive income in non-technical niches.
For instance, I've only been learning programming for a few months, but I have a Wordpress blog. I'm probably going to buy that plugin. Always wanted to track that, but didn't know how.
Re: Let the adventurous journey begin: Passive Income
#10"Advertising [...] the amount you get [...] isn’t big and only pays off with high traffic"
Realy? Glad you think that.
And: no, it does not suck but can provide a positive user experience if done correctly. And: no, I am not talking about hit-the-monkey ads. And: no, it's not as easy as copy-pasting some random ad code into your HTML.