184 karma · joined May 21, 2016
https://twitter.com/hsribei
[ my public key: https://keybase.io/hsribei; my proof: https://keybase.io/hsribei/sigs/X2X5nnPTc6O-xi6XZ837VA4UJBEXsyhYo3zdicmf3dE ]
Which?
They provide encrypted git hosting for free: https://keybase.io/blog/encrypted-git-for-everyone
No issues, pull requests, and social features though.
I particularly like that you mentioned "NAT Traversal" as one of the benefits of hidden services.
I think that's an overlooked feature that would in many cases be enough of a reason for one to use them, even without caring for the added privacy.
When it's been spread out enough that anything can be doctored to an indistinguishable extent, everything becomes deniable by those being caught, and the skepticism explosion is going to raise the bar for investigative journalism / actual evidence to standards high enough that few will have the resources to produce them.
I found mental math became a lot easier after practicing it a little bit.
Might be a good way to teach kids binary. Tell them nothing about bases, conversions, or anything, just give them decimal numbers with a different name, wait for the phonetic patterns to take hold, then show them what's behind it.
Urbit's Hoon also takes the approach of coming up with phonetics for ASCII symbols, which I find great. https://github.com/cgyarvin/urbit/blob/master/doc/book/3-syn...
I recently found about Tyler Tringas, who has open revenue numbers, is profitable, and specifically focused on making the business as automated as possible to have time. He was going to write and sell a "metabook", but decided against it precisely for reasons of credibility. He's publishing it for free at https://tylertringas.com/micro-saas-ebook/.
Another one is Jason Kester, who wrote about how he did it for free on one simple blog post here: http://www.expatsoftware.com/Articles/guy-on-the-beach-with-...
It's good to see there are some actual cases, and it sounds at least more doable than the crazy startup lottery that is, ironically, more socially acceptable. (Passive stuff is for lazy people.)
Good to know how long it took you. 6+ years requires grit, and although still a bit limited by the RSI, I'm in a personal position where I can have that kind of long-term commitment.
I loved the expat software website, by the way :) It reminds me of an amusing conversation someone on Freenode (##passiveincome) sent me this link to:
myles.io/thoughts/passive-income-hacker-vs-startup-guy
Your suggestion to focus on a platform is also great, I hadn't thought about it. Stripe is soon going to launch in Brazil too, so there will probably be many low-hanging opportunities there. Thank you for going the extra mile :)
Is it work that got more interesting, so you don't mind doing more of it, or you found new uses for money you didn't think were important before, or something else entirely?
(Feel free to ignore.)
>a) recurring revenue (BCC didn't have it and _believe me_ did that radically raise the savviness bar required on the customer acquisition front),
Didn't know the savviness gap was that big.
To be honest, I even considered emailing you to ask if doing bingo card software localized to Brazil for instance was a good idea, since: 1) you've trailblazed its SEO and conversion optimization tactics already 2) sold it, so no conflict of interest 3) they haven't to my knowledge localized it 4) there seems to be few competitors in Brazil, and 5) you seemed to have been able to make a decent annual salary from it with ~3h/week if I'm not wrong.
I'm not nearly as savvy to tune something like it to the extent you did though, and the Brazilian Portuguese market is much smaller than the whole internet's English-speaking audience.
So B2B non-critical SaaS sounds like the best bet indeed.
>The third thing is probably hardest to build, and as your time scale gets longer, it is the most likely part to require your sustained attention to improve. (I have no information how BCC is doing these days but I rather suspect the original organic SEO strategy which served me well for 5+ years will not continue operating unaltered for 20.)
That makes a lot of sense. What I like about BCC is that the user-satisfying part of the software itself is so simple and unchanging that you had the time to devote yourself almost exclusively to optimizing traffic and conversion.
It's hard to think of a useful SaaS product that wouldn't require a good amount of code maintenance, stack upgrades, new features requested by users, etc. just to keep the repeat business of the current ones.
As a solo entrepreneur with little time available, splitting it between that and constantly tuning marketing channels sounds challenging. But as you said, a lot of it can be automated.
>In terms of where these folks hang out: business owners who have priorities in their life other than the business are still business owners. I think the great mistake in the "passive income" community is failure to treat running a business like running a business; it becomes aspirational for lots of folks who have neither the skills nor the inclination to run a business nor, unfortunately, the desire to change either of those two things. This makes "passive income" spaces into a whirlwind of depression and hucksterism.
Exactly. I was at my wits end googling around (I might be terrible at googling, who knows) for a community that didn't come off like that. I went so far as proposing one myself under the "4hww4devs" banner (https://hsribei.github.io/log/4hww4devs/), hoping the "devs" filter would bring in a more skilled and "business owner"-mentality crowd.
Thankfully I found Indie Hackers, which has taught me a lot so far. And through that post I was reached out to by Matthew Mallard, who started the ##passiveincome channel on Freenode a couple of months ago. I hope being on Freenode achieves the same kind of selective pressure I was looking for.
>MicroConf, BaconBiz, and DCBKK are three conferences which all had folks who were at many points along the spectrum here. All have online ambits to them, too.
I will definitely acquaint myself as deeply as I can with those. Thank you a lot for the pointers, and for the kindness in answering without prejudice.
https://www.indiehackers.com/forum/post/-KgG2eMQ4Sv9wWUc4SKJ
Q: Why are you bothering with BCC when consulting is so much more lucrative? (I can think of a few good reasons, but I'd like to hear what your reasons are.)
A: I really enjoy being a product guy. BCC has a very desirable property in that it mostly works in my sleep. Consulting is quite lucrative and intellectually engaging, but it often disrupts my life in ways that BCC does not: for example, flying off to $BIG_CITY_ACROSS_OCEAN for a few weeks is wonderful once or twice a year but would get tiresome if I were doing it every month. I very rarely get tired of BCC, and with the exception of a trivial amount of support all of my work for it is at my absolute discretion to schedule. I mean, my little brother is graduating college this spring and, without even looking at the calendar, I can say "Sure, no problem, I'll be there. Tell me the day sometime."
Money is also not a huge motivator for me. I like it, don't get me wrong, but after I've got the rent and necessities covered (oh look, bingo) money generally has to be the icing on the cake to motivate me to do something. (Shh, no telling the consulting clients.)