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Yes, that's why these cost me a few weekends... if it's done in my Free Time(TM) they don't have to know about the unsuccessful ones.

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I'm sure this works fine for you, but I would in general not recommend that people do work on their spare time. The reason to do that is, as you point out, that you get to take all the risk, and your company gets all the profit. That's not, generally, a healthy employment relationship and as an employer, I would be pissed if I found out someone did that.

Just carve out an hour every day from your salaried time to chip away at these projects. Nobody will ever know unless you tell them.

Eh. The effect could be the same. I average less than 8 hour work days. But once every 2 months or so I throw myself at a problem at work I personally fee strongly about. This might spill into a late-night or weekend. But I like the rush of it and I get a lot of appreciation at work and it has materially benefited my career. Once I even got an on the spot bonus issues from the CTO for fixing a perf problem.

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