Ask HN: What is your passive income 2019?
Time to ask again :)
Any side projects, Games, OSS.
Any side projects, Games, OSS.
It's a physical game in San Francisco, but it's run day-to-day by a manager. Overall it makes about $15k/mo, and after rent/labor/etc I just make a few thousand dollars a month.
But, um...
> Startup Escape is in <strike>the Tenderloin</strike> North SOMA! The address is 447 O'Farrell St, San Francisco CA
That's... literally the Tenderloin. Or is this (and the oxymoron that is "North SOMA") a joke that just went over my head? Haha.
(For those not as familiar with San Francisco - SOMA is a neighborhood south of Market St. where a lot of tech companies in SF are found. Tenderloin is another neighborhood that has a reputation as the most dangerous in SF and is nearby but north of Market St.
haha
It has continued to sell well, and about two years ago I "earned out," meaning my royalties exceeded my advance, so now every six months I get a royalty check.
I've also agreed to several deals that allow my book to be translated and sold in different countries. Those deals are usually on the small side, but the only work involved is picking up a pen and signing the paperwork.
The success of that first book has allowed me to write several related books, and while the advances I've received for those don't count as passive income, my hope is that they will generate some passive income in the future, if I should be so fortunate as to earn out again.
To anyone who is thinking about writing a book, I offer this advice:
There are some cases where it makes sense to self-publish even if you can get a book deal. Niche e-books on technical topics written by people with large built-in audiences are one example.
But in general, if you can get an agent, get an agent, and if you can get a book deal, get a book deal.
Going to buy "Experimenting With Kids" now.
If you don't mind answering - what made you decide to write this book in particular?
Tryna fill the gap that Kimono left.
Aim to post as a Show HN once I polish it a little more.
Are you kidding? the home page at least looks really polished! great work.
> We surveyed the landscape of complicted web scraping tools
Actually I had an allocation in Apple which has had a crazy year..up 60% or so to all time highs.
I also did some passive index fund investments but I only count cash dividends as actual "income".
The market does sort of concern me right now though. We're sitting at all time highs for the S&P but there's worrying signs everywhere. I don't know how it'll all play out next year, so I might gradually sell some to lock in gains before end of year.
It's kinds interesting and even exciting to "shop" for new investment opportunities when dividends are posted.
agree about the market and all time highs and it feels dangerous. The thing is that no one can really predict what will happen, the only decent advice is, again, to diversify? Diversify with assets outside of the regular market fluctuations, e.g with cash savings, real estate, precious metals
If you need the money short term, then it shouldn't be invested in equities.
My amateur "macro" view is we're in for heavily volatile times in the next 5 years.
I tend not to follow textbook personal financial advice shrug
Will there be an announcement?
For the most part though I ignore it. The best returns consistently go to investors who have forgotten about their account.
Of course if I was closer to retirement that wouldn't work out. However that is why financial managers suggest a regular plan of diversifying into less risky (but lower return) investments as you get older. Target date retirement plans do that for you.
The website is https://unitprice.org/browse if anyone is interested! It's still very much in its infancy, but I plan on doing a "Show HN" soon! Based on the last two weeks, I have only made about $10, but that's been with very little traffic so far.
For each of these items that I list, I have manually audited the unit count (after usually automatically doing an initial guess). For many, there's not even an automatic guess, so I have to read the description, look at the photo, etc., in order to determine the unit count.
Oh hey. Actual built a prototype around this. And even bought some domains that sounded similar.
I abandoned it when Amazon blocked my cloud scrapper. Also seemed quite manual labour intensive since the quantities displayed are so inconsistent.
I also run https://www.junior-to-senior.com which is a career advice newsletter for programmers that currently brings in $0 MRR, mainly because I'm focusing on content and growing the audience right now and haven't looked into sponsorships or paid subscriptions yet. I'd like to get it to a point where I can run it as a publication with multiple authors.
I also sell ebooks that are compilations of articles and tips from my newsletter (see below) on Leanpub and Amazon. (https://leanpub.com/b/javascriptdombundle)
My main newsletter (https://webtoolsweekly.com/) is now also a regular income stream (about $400-700 per month and growing), but not exactly passive. Takes regular research, writing, etc. But it’s fun to do and leads to all sorts of paid tech writing projects.
Finally, my newest newsletter (https://techproductivity.co/) is not yet making money but that’s starting to change as the subscription number has started to rise to a decent number and it’s very easy to write that one, maybe 2 hours of work per week.
https://mailchi.mp/8e0622427dd5/prjmgrwkly
TIA for any hints you could give.
I also run QuickChart, an API for generating embeddable chart images and QR codes (https://quickchart.io/).
QuickChart is fully open source, Textbelt has an open source version. Not always passive but they don't take much time. Combined they fund my non-mortgage spending.
A bit annoying that I have to give an email address to get a key, just to get pricing info though.
It’s not “tech” and it’s refreshing to build something from scratch that’s very tangible. I want to walk away from data science and create something that allows me to open a store selling lifestyle products for men one day. To this end, I launched a men’s skincare line about 3 months ago (https://www.mendskin.co) which isn’t “successful” yet, but it’s my first experience selling physical goods and I think these things take time. Right now, I spend about 10 hours per week on Ads, customer service, and fulfillment. So, it’s kinda passive.
“Beauty products” (for lack of a better term) definitely require heavy capital, and it’s becoming hard to do everything by myself. All the individual things that need to be done aren’t hard- it’s just that there’s so much to do in order to deliver successful physical products.
But I enjoy it.
I have an interview with a publication coming up. After that publishes, I’ll post a link and talk about things in much more detail.
OSS developers are the carries of our civilization.
Hi, I think the page you are looking for is here: https://gamedb.online/apps/trending. It could be more accurate with a higher sample rate, but would cost more.
I actually set things up slightly different but essentially it follows the same process. I have service providers I negotiated and setup that manage different aspects for me, so most all I have to do is make an approval or call and I don't have to pay a percentage fee each month. I learned how to do this after I had a bunch of properties in the past and was paying 8-12%/month in fees for each property but all they were doing was making calls on my behalf or setting up service providers to do it. Once I figured that out, I setup all my own service providers once and cut out the management fee. There are even people that cover the stuff like evictions etc as a service so you don't have to be involved on it.
It requires maybe a few hours of my personal time every couple of months as an average.
Plumbing I found through trial and error, and to be fair for any job where I see a bigger repair bill, e.g. > $500 I'll generally get quotes to keep everyone honest. There are exceptions of course, but when I start seeing bigger repairs being requested it sends up some red flags because we maintain everything really tightly.
Our lawn service and our pest service are the same ones we have do all the units and our own home too. We found both of them through a referral and tried them at our home first. Then slowly gave them more.
I actually found out that in many cases my background checks were catching stuff the rental agency did not which really pissed me off. I use the local sheriff's office to run the background for $20, and then credit check with an online company for $15. I get a true picture of the person/people this way, the rental agency wasn't doing a background check, it was only a want/warrant check and credit check. I prefer knowing the background of people and being able to deny for valid concerns, like the one I found out had been evicted from their last 3 places but lied on their application about prior evictions. The real estate company running my old checks would have never seen that since they just did a wants/warrants check, but I did and denied these people the rental for lying on the application about prior evictions. That said, I had a young family rent a house from me one time that had been evicted and gone bankrupt the prior year. They never lied to me, were honest as best I could tell, and upfront with me about everything so I rented to them after meeting with them. I only required them to provide a full months rent as security instead of a reduced amount, which they totally understood. Never had a problem with them and they got their security deposit back cause they took care of everything.
When things to break or need service (usually a few times a year something minor pops up), my involvement is approving a repair or calling on a company I have used prior to take care of it for me. I have service providers for each property that maintain it for small fees, so like lawn, pest, sprinkler, AC is all taken care of on preventative maintenance plans.
I did have one home we sold at a loss because of the housing crash. It sucks, but it also taught me a number of valuable lessons, and really improved my game.
With real-estate, there is a cliche saying, you make the money when you buy the property not when you sell. This is so true. If you buy it right, you will do well, when you buy it wrong it will almost always bite you.
Flipping is an easier place to lose money if you aren't careful. But if you are flipping you aren't doing it for passive income. I do like flipping but it is not passive and in my area has been hard the last few years because of the local market trends.
There's plenty of "real-estate investing" information online but most of it looks scammy as hell.
EDIT: I'm based in NYC, FWIW
I do agree in reference to fees from brokers etc, but if you do some deals you will find someone you can work with and honestly at that point they'll work with you on the fees and you won't care as much either because they'll take the liability so their fees are fair.
1. 135 hours is a LOT of time to invest for even tens of thousands of dollars return. I could build and market a side project or two in that time, which could have potential for significantly higher return.
2. To recoup that return, I have to take a big risk, using a highly inexperienced agent (me) in a huge dollar transaction where everyone I speak with will have much more experience.
3. Worst decisioning -- if I am my own agent, I'm not in a good environment for optimal decision making.
There are other reasons outside the scope of your question (some people prefer lower touch investments), but those are a few.
The math just doesn't work out, if you get to the point you are doing that many deals, just hire a broker for your business.
Getting access to the MLS isn't that hard. And finding a good agent/broker to work with is very doable as they want to work with investors since it is a source of recurring income usually for them.
That all said, I am always interested in other peoples approach to minimize transaction fees, but most investors I know in real estate use this approach as it just works and minimizes liability.
As far as landlording a small number of properties, most of the knowledge involved is how to be handy, or knowing trustworthy people who are handy. One piece of advice I would offer here is to charge slightly below-market rent to get better tenants, especially if you're an amateur.
And something a lot of people misunderstand is the relationship between appreciation and cash flow. They're inversely related because lots of appreciation attracts more buyers who drive down rental margins by bidding up purchase prices. Rapidly appreciating properties in a place like Seattle may have lower cash flow than you would anticipate given the demand, and properties with very little appreciation in a state like Ohio may have much better cash flow. But as I said, you should buy a local property and just accept the market conditions. If you want to invest in real estate elsewhere just invest in a REIT.
There are lots of classes you can go to. The first thing I'd do is talk to local real estate brokers and ask them about the market and how things are going. Then see if they can introduce you to another investor that is local. Local knowledge is pretty key for real estate. Also, check into local real estate investment groups, the good ones are pretty selective but if you can meet someone on it you might be able to tag along and get some "free" education until you are ready. This is actually how I started way back when.
Townhomes and Condo's are a little different because you will always have a board for those, and I have had some good luck with Condo's but in general I avoid anything where another entity besides the local city/county can dictate what I can or cannot do.
Launched this a few months ago. I've made about $14 a month. In terms of return on investment I would have been better picking up pennies in the street, but it was a fun side project. Also, haven't done any real marketing yet... All sales have been organic discoveries through Unity store.
Couldn't you use this plugin, the unity editor, a bunch of ready made objects, walls, doors, floors etc and bundle them into one autonomus executable and sell it?
As of now I have private beta testers using it and while it's not enough to call passive it sure pays for some video games gg.
started about a year ago when a few friends pooled money together to take over a failing online cannabis store, which are not legal in Canada but are sort of outside of law enforcement interest currently so we operate pretty freely at this moment. i've always been keen to do this as i've heard how profitable it is, so when they asked me to manage all the computer stuff in exchange for a small profit share, i agreed. i had minimal experience with SEO, but learned along the way how to tweak little things here and there, like which types of promos worked, etc and managed to do a decent job in the end. it did require some work at the beginning but once most of the things were set in place, my role was reduced down to mostly designing promos and customer service, which i performed simultaneously at my full-time job which i maintained. the customer service largely involves me just engaging with customers on Discord and answering emails.
it didn't start off 100% passive, and it probably still isn't considered passive, but i don't feel that i do much work for it now and i'm still getting paid roughly CAD10k. my next step is i'm in discussion with one of the partners to start up a new shop, this time as an owner.
I've been toying with the idea of starting a cannabis software company to help people like you.
My side project (https://www.teamcalapp.com) returns around $2500/month and growing. I think the main improvement to be done is doing more marketing, which is unfortunately not so passive.
Im also investing in apartment complexes. Right now i have 4 passive investments. Since I’m only a passive LLC member that income is truly passive. Those investment deliver nice regular cashflow (8-10%) and appreciation once sold. Right now I’m in the process of buying my own property together with friends (50-80units). That will then be a bit more work but still partially passive once all is setup with the property management company.
I would rather find some sponsor who would like accept a more limited number of accredited investors with whom to build a long-lasting relationship (ideally for decades and many deals), and in exchange I would be happy to invest larger sums of money (e.g. 50-100k per deal?).
I am asking because, if you are contemplating buying your own apartment complex, you definitely know what you're talking about and might be able to give me some very valuable advice :-)
The sponsor/operator is definitely the most important thing. I would argue even more important than the property itself. Thats also why I don’t like to invest in REITs as its not clear who manages those.
It was fun while it lasted, I had about 10k USD Per year in profits , used it for beer and travel money.
I would do personal deliveries in bakeries, and only bakeries. My alarm would blare reminding me of making a delivery with the message "Chips at the bakery". I would also do shipping with snailmail, but I enjoyed the personal encounters.
Now that I've had a taste of passive income through real estate, I've come to despise the tediousness of writing software. I can barely bring myself to do it anymore now that I don't "need" the income from my job to survive. My plan is to keep acquiring rental properties over the next fews and then quit the tech industry for good once I have enough to live comfortably.
Nearing 1000 purchases since its launch (1.5 years ago), earned about $3500 (just about all went to my favorite cost-effective charity, Against Malaria Foundation). Released version 2 a few weeks back and had about 100 sales this month -- perhaps over the years it will earn a lot more. Was averaging about $250/month this year.
Most contracts don't allow for commercial side projects and the company owns anything you create even outside of working hours. Do people just keep quiet and not tell their employer? How risky is it? I know some people who simply don't bother telling their employer (and may or may not pay taxes, too), but I guess you can only do this up to a certain point.
Those are terrible terms. You should never sign something like that.
Flowchart to help determine employer ownership of inventions: https://www.oncontracts.com/docs/Who-owns-an-employee-invent... (from 2010; annotated w/ citations to state statutes) (self-cite).
EDIT: Ownership of copyright in an employee-created "original work of authorship" will depend on the facts. Here are a couple of cases:
CASE 1: (A) The employee-author acted "within the scope of employment" in creating the work, AND (B) the employer and employee do not have an agreement altering ownership. RESULT 1: Under 17 U.S.C. 201(b), the employer owns the copyright in the work. https://www.law.cornell.edu/uscode/text/17/201
CASE 2: (A) Employee-author did not act "within the scope of employment" in creating the work, AND (B) the employer and employee did not have an agreement governing ownership of the work. RESULT 2: Under 17 U.S.C. 201(a), the employee owns the copyright in the work.
Note that calling something a "work made for hire" doesn't automatically make it one — the work must fit into one of nine statutory categories [0], AND the parties must agree, before the work is created, that the work will be a work made for hire.
[0] https://www.wikiwand.com/en/Community_for_Creative_Non-Viole...
I never understood this. I have friends who were developers at a software company and afraid of doing anything after hours since they felt their company essentially owned them and anything they create, 24/7. I am not a lawyer, but I reckon unless you’re building and/or running your business using company property or company proprietary IP, that section of the contract isn’t worth the paper it’s printed on.
Well, they don't. This is an obvious case of common law. An employer is not your slave master. Don't use your employer's resources, and you're fine. Plus, most employers don't want the expense of having to operate a product they have no knowledge of.
In some states, like California, this is explicit. If the employer is in California, I believe that, even if they write this in the contract, it's completely unenforceable. Feel free to cross it out, or sign it. There's no way it'd hold up in court; they can't even argue for it.
Probably depends on the country you are in. I would never work for a company under those terms. What I program in my free time is my code. Sounds terrible that a company would even try to claim ownership of stuff you do or build in your free time.
At my employer in CA, they don’t claim that. Their only restrictions are that you disclose the nature of any IP you generate on your own time; they will only prevent you from working on it if it conflicts with their business interests or relies on info you could only get working at the company. Which is pretty reasonable imo.
Also, I think those moonlighting clauses are to prevent people from having multiple full time jobs. In practice they won’t care if you work on a prototype for a side project or run a small business, as long as it doesn’t interfere with your regular work.
It doesn't legal in most countries even if it written in contract. So this is not a problem at all.
https://SQLizer.io - migrate data in CSV, JSON, XML, etc into MySQL databases.
It's doing ok, but growth is static and we've tried a lot of stuff. Feels like we're hitting the total available market for "people who want to convert to SQL".
Most people are basically lazy and will talk a good game, but not actually do anything.
While there are many interesting ideas in this thread, I expect there are a fair amount of people lurking with much more profitable and higher leverage products. So maybe just take the thread with a grain of salt and don't think of it representative of a ceiling on what's possible to build in 2019.
It is very useful to us but I'm not sure about product/market fit. I'm eager to learn from others who rent out what they use for administration and such a system makes sense to them. If I really go after the idea I'll also need a co-founder, please contact me if you are interested.
We sell it mainly in B2B to companies who sell team building events and that need a touch of digital... We have other customer segments coming (zoos, theme parks, tourism offices...)
We also use the platform for individuals,like for birthdays (http://birthdays.geogaming.io) or hens/bucks parties etc.
This platform brings us ~15k a month but it's growing very very fast.
Our architecture is based on AWS lambdas so our infrastructure costs are very limited and the product is highly scalable (games have been played with thousands of players)...
We are based in Sydney.
The whole one income stream thing is starting to worry me out of principle rather than $$$.
There's decent money to be made but a ton of competition, so for newbies I'd recommend easier niches to start!
Asking because there are so many Amazon "affiliates" that just write reviews without ever trying the physical products. Not sure if this is the case with web hosting review sites though.
1500 is good amount, depending on the effort you put into it. Kudos!
Please don't try to implement custom scrolling methods in JavaScript. It never works properly on all platforms and just breaks things. It's also highly infuriating.
EDIT: Here's some good rants on not messing with scrolling: https://news.ycombinator.com/item?id=13883433
I started with a rather small amount of money (~0.15 btc) that grew to around ~0.21 in two months before the shitcoin I was playing with went literally to shit (They are not called shitcoins for nothing) and was left with around ~0.12.
I'm testing the waters now with a more stable shitcoin.
FWIW mine is (seems to be, at least) a very stable brute force approach. That I'll make no comments about ;)
P.S.: I obviously have data to back up my claims - the transactions log of my crypto exchange account - but as well the "method" I'm employing can be inferred from there, as it's rather obvious.
Thanks!
Basically all of the work is in the beginning then it’s just subscription based for the automation refreshes (or an agreed upon amount if services are continuously running) and any minor updates.
Well, now I do! Thank you !
Would you please share some details; how you started, what it took time and money wise, what to avoid, what really matters.
It may seem silly to you but I really need this. I'm willing to communicate offline/in-person/chat/phone whatever works for you. You will not believe how hard it is to find someone who's done what you have.
The Great Clips was just a chance thing -- Sport Clips didn't seem like it was up my alley, and it's also located in Eastern Kentucky, where not a lot of people go for $70+ haircuts. Existing owner wanted out of his franchise agreement, and I was more than happy to purchase it from him.
Eventually, I might try to market and sell the Pawn Shop's POS that I wrote for it, but, that's years down the road.
Do you make money from it? I don't see any ads or information on payment.
That way, I can tune allocations if needed and I can take advantage of tax loss harvesting opportunities, so I get some extra benefits.
If things don’t recover after that, then I think I will have much bigger problems than my investment portfolio.
Thanks for creating it!
Depending on what's dropping, my earnings from the domain side can vary drastically. It usually covers its own costs, and my best month so far (I only started in April this year) earned me around £1000
https://bugfender.com/blog/bugfender-growth-from-side-projec...
I started selling related T-Shirts, and make ~$60 a month. Nothing big, but it's beer money. I plan on expanding the related website and even starting a YouTube channel, but it's not exactly something I planned on monetizing.
It's also proved an excellent toy for me to constantly retool and play with new languages, frameworks, and databases. Couldn't be happier.
I had assumed the evil Goldmans of the world had thrown enough cloud power at everything to find ever free penny already
Over the last year I've met two to three traders (as in big bank) who literally do this for weeks.
I set them up years ago and averaged about £80/month. I was just thinking a couple of months ago that I'd not seen any "You've got payment" emails. So I went to check on my account, and despite serving a ton more traffic these days advert revenue just dropped through the floor.
I guess it is adblockers which killed the income for me. Anyway it was nice while it lasted, and I figured I'd just remove the adverts to increase page load-times.
I suspect if you have more niche content, or more tightly integrated adverts than Google Adwords you could probably still do OK. But adblockers really did rise from nowhere to become extremely common.
Back in the day it generated great income and warranted full time work, but these days it still generates some solid passive income. A lot of the traffic is from SEO, but we still have a small social presence and a healthy amount of repeat visitors.
Further to this, I have strong preference for firms which re-invest their cash flow resulting in capital gains which is much more tax efficient than a dividend.
This is absolutely not true, there's plenty of stocks around here with low P/E ratio and dividends. You just have to look outside of tech to find them.
The main issue I have with a dividend paying stock is that they pay corporation tax and then I pay income tax on the dividend....with a group which re-invest its earnings, I do not pay income tax on that and if I need cash, I can sell stock and pay capital gains tax at a lower rate.
The main issue with dividend stocks is that when the dividend gets cut there's forced seller by the dividend ETFs and stared retail investors so the drop in share price gets exacerbated which is unfortunate.
I would agree with you that div stocks are more expensive on a Price-to-Earnings basis. Check this comparison: https://pages.etflogic.io/?compare=DVY|SPY|XLU
High yield (3%+) div ETFs like DVY and XLU are trading near 25 P/Es whereas the S&P is closer to at 22 PE yielding just above 1%.
As interest rates tick down people look for income/yield. So high div stocks get bid up because of this
Stock splits are famously positive alpha events. The mere fact that a stock has now become more "affordable" because of a lower per share price causes people to buy it. But I don't think any professional investor in their right mind would trade such a strategy.
The pre ex date div strategy you suggest may be more relevant because there's a higher frequency of events. The effect may be more pronounced in more "retail" investor focused names. I wouldn't trade it in its own. But maybe group it together with a suite of other signals in a stat arb like strategy.
Of course, my portfolio is more than just dividend stocks, but it’s a good passive income source.
Most popular is http://sats4likes.com where you can earn/pay Bitcoin for twitter likes.
It's not exactly passive or profitable but I learned a lot.
I have a full-time job and I'm working on this project only in my spare time.
Currently around $1200/month with fairly linear growth. It's a fun project to work on and I get to make money on the side for doing it.
It currently has 30K active users of the free version and 100s of paid users.
I found quarterly appealing in that it probably reduces billing related support requests, the higher price tends to attract customer that are less demanding in terms of product support, and customers aren't pressured to evaluate if they want to continue their subscription so often.
Are a lot of the support requests related to yearly billing or do you mean a quarterly option would theoretically preempt those kinds of requests?
Really great extension, site and all-around product, by the way.
Yep. Another factor is Checkbot covers a big range of website problems where the fixes for each vary a lot (where it's not possible to determine the source via web crawling) so noisy customers can have complex requests.
For example, a bad redirect could be coming from Apache, Nginx, WordPress or cPanel settings. I get a lot of messages where someone is convinced Checkbot is wrong when it's actually correct too (e.g. people convinced their HTML is valid when it's not) which can generate bad reviews if you're not careful.
> Are a lot of the support requests related to yearly billing or do you mean a quarterly option would theoretically preempt those kinds of requests?
I mean each payment can prompt a support request so the more spread out the payments the less support requests. They're not super common, but they build up the more customers you get and I feel a sense of urgency to handle requests to do with payments.
I think the longer billing periods let people relax more with evaluating the product too e.g. you're not thinking "I need to use this a lot right now because I've only got 30 days to decide if I use it enough to keep paying or not".
> Really great extension, site and all-around product, by the way.
Thanks, appreciated. :)
It's been my "side hustle" for 2+ years now, with 2019 at $40K in YTD earnings. (Inclusive of all costs except my own labor, which I do not track)
AMA?
Unlike many, I don't update or A/B test anything after a product launch, so once a product is out launched, it's done from my perspective.
With some more effort, I could be growing, either by launching new products (last product launch was in February) or by starting up my ad campaigns again (I cancelled most of them in April to improve profitability at the cost of slower turnover).
I was let go about two weeks ago, if I can't find anything I love working on, I'll take this full time and (hopefully) go back to growing.
My partner and I have two related product assemblages that we think are under-represented on Amazon, but for which we think we've identified a reasonable demand.. and for which content/instruction/information are not consolidated/accessible.
I do offer two "FBA packs" for my own private labelled products but will not be restocking them when they sell out because of packaging challenges.
One big issue is discoverability. You will always be outranked by the sole product(s) as that's what people will search for. Customer acquisition costs are the major piece that many new sellers miss, and can easily sink an otherwise great listing.
That said, the great thing about selling on Amazon is the low barrier to entry. I would recommend you give it a shot and see if it works. Better yet, see if you can private label the product and have complete control over the packaging. (assuming branding is not an asset)
Seriously, send in 5-15 units and see what happens.
But really, just try it and Google every question you have.
$1k/month Medium back catalog. I moved everything I've ever written behind Medium's paywall and took out any CTAs so that I'd qualify for distribution inside their algorithm.
Wanting to pick up another passive income stream.
About 1-2 times a year I’ll get a large buy (eg. $75+) from 500px, but I don’t upload there very often since they broke their Lightroom plugin.
Are you uploading to any other stock agency?
What you need to do is to ask your software developer friends if their company is looking to hire a contractor.
When I sign the contract I pay a nice monthly finder's fee.
Contact me for more details if it sounds interesting to you. My contact details in my profile..
Curious, because I've looked on pixabay for some things that were wildly under-represented, and I had half a thought to fill those gaps, mostly for fun and I'm... close to it.
https://www.hodlbot.io/blog/zero-to-two-thousand-mrr-in-one-...