Small Product, Single Founder Success Stories https://news.ycombinator.com/item?id=3029771
How much recurring income do you generate, and from what? https://news.ycombinator.com/item?id=2567487
Anyone making a living from just 1 app? https://news.ycombinator.com/item?id=1772199
Inspirational money making web apps made by hackers https://news.ycombinator.com/item?id=1764682
Listen to Startups For The Rest of Us, Bootstrapped with Kids, Lifestyle Business Podcast, Product People, etc etc. Go to conferences like Microconf, Baconbiz, etc. There's tons of us out there.
ONe additional thing to note is, alot of us that fit this category (I heard a number on Bootstrapped with Kids where its almost 60%) are people with a family to support (kids, wife, etc). A lot of us cannot get up and move to SOMA and work at Startup Company X while stuffing our family into a shoebox sized apartment in the Tenderloin district. Sure there are options, but sometimes you CANT move. Medical conditions, ailing family, a support system that you cannot leave, etc.
When its time like these, people start to bootstrap and build portfolio of products to get back the most important resource they have: time. Your kids are only young, ONCE. Spending that time working 80 hour weeks at a startup that is not yours where you get .000125 of a percent of a company IIF they go big (acquired, IPO, etc) usually isn't worth the trade off considering that the vast majority of startups fail.
http://servermonitoringhq.com/
For example status2K is in the low 100's per month, but I haven't spent anytime on it for about a year.
Selling SEO Guidebooks to make a passive income website?
Basically I saw an opportunity for a company I liked (I knew them as friends not as a customer) to make even more money with very little risk to them (they didn't pay me a salary, only the revenue share) and as such I was offered a very good deal with no variable costs to me except for development maintenance time and any new features I want to add.
Just leaving food for thought for you all, there are plenty of ways to generate passive income. You don't have to go it alone, collaboration is one of the best tools we have as humans! So get creative. :)
They also have a podcast, which I have listened to. It's not bad at all.
Sometimes it seems that everyone is all wrapped up in solving first-world 20-to-30 age bracket problems (social, picture filtering, SaaS for other 20 to 30 year olds, etc). Nothing wrong with that, but there is so much more out there. IMO, it is way more interesting and has much more impact on peoples lives.