Those making $1,000+/month on side projects – what did you make?
As it's a new year 2015, let's re-open this topic to see how things are going on this front :)
It can be a SaaS app, a mobile app, or any side project that is netting you recurring revenue
546 comments
[ 1.6 ms ] story [ 274 ms ] threadI am, today, skeptical that it's worth anyone's while to try to make money from ads published alongside one's articles. At one time that was widely accepted as the very best way to make money online, but no more.
I'm getting ready to do a KickStarter project so I can devote myself full time to this:
http://www.warplife.com/jobs/computer/
So far I have some remote employers and clients, and some employers in a few large US cities. After I have lots more remote employers, as well as some in a few other countries, I'll do the kickstarter.
Someone managed to make fifty-six grand from a KickStarter in which he said "I'm making potato salad". Not that he was going to sell it commercially, or had come up with a killer potato salad recipe. I mean like he was fixing his lunch for the day.
Just a couple days ago, I read that three times as much money is raised from crowdfunding than from VC.
Consider that with crowdfunding, you don't lose any equity. You also don't have the problem with a bad VC giving you bad advice, or even demanding you do stupid things.
There are some VCs who are very, very good. Despite having to fork over lots of equity, the good VCs are very worthwhile, but IMHO a bad VC is far worse than not getting funding at all.
A golden rule I try to live by is try many different things. Try every single avenue you can. When one avenue burns out, go down another one.
I'm not running ads anymore. Some of my articles still have affiliate ads for books, but I placed those ads years ago. My new material doesn't have any ads.
I figure that if my writing is well-received, something good is bound to happen to me. Other than my plan for the KickStarter - which I am not dead certain I will actually pursue - I don't have any specific plans for monetizing my site.
I think there are two spectrums to successful Kickstarter videos: Over the top really well done quality videos, and super low budget (read: $0) iMovie videos that show sincerity.
Anywhere in between that and you come off looking like a scam.
(Luckily it didn't hurt us too badly, we raised $180K.)
I met Ted in high school, when he and I both played Roman Soldiers in Jesus Christ Superstar.
However I plan to make most of the video myself, but then to have Ted edit it. Real Soon Now I'm going to make a storyboard from digital still shots, then an improvised voice track, then I'll transcribe the voice track into text and edit it down to where I think Ted could get it to fit into three minutes.
My plan is to produce a quality video but with some very humbling imagery. Consider that a homeless fellow here in Portland, not long ago said to me "Some of they people I find sleeping on the street, they tell me they used to make six figures".
I find lots of software engineers eating at soup kitchens and sleeping in homeless shelters.
It's not exactly like my computer employer index is going to find them jobs, but that if I can make it easier for most people to find jobs, then everyone will benefit.
Yes. He really either used to be a programmer or was faking it extremely well!
Edit: Apparently I've backed 59 projects, 10 didn't reach their funding goal.
We're both HN posters, which puts us in a pretty small demographic. :)
Citation required. That doesn't sound possible.
I'll post it for you but not just now as it will take me a while to dig up my bookmark, also I need to get some sleep.
I'm skeptical too, but that's what the VC did claim.
Conversely, there was nearly $30B in VC money committed in 2013 alone: http://www.pwc.com/us/en/press-releases/2014/annual-venture-...
So it's not even close to being close. Maybe there's 3x more crowdsourced projects funded than companies backed, but most KS projects are funded for a few thousand dollars.
http://blog.idonethis.com/how-we-got-to-1-000-in-recurring-r...
Im working on a similar service using SMS.
[1]: https://www.masteringmodernpayments.com
Edit: If you'd like to read a preview, you can do so here: https://www.masteringmodernpayments.com/read
[1]: https://www.petekeen.net/adventures-in-self-publishing
[2]: https://news.ycombinator.com/item?id=6320333
That way, your venture ends up with the combined page-rank of your personal brand and the exact-domain bonus. (Whereas if you just redirect from one to the other, you lose one or the other.)
It's not passive income, but I only use ~ 1 hour a day on it (packaging etc.)
The amount you make from the Job Board post is heavily dependent on the amount social followers (drives traffic and makes purchasing more appealing).
https://www.angularjobs.com started making ~$1000/month in revenue with a highly targeted social reach of ~10k followers.
Technical co-founder type? Take what you know about programming and offer recruiting services to the early users of your site. Both companies and developers visit job boards, providing both the clients and talent needed to collect recruitment fees(over 10K in major US cities).
My main gig is http://www.LinkPlugApp.com where I play a technical role.
LinkPlug is how I drive traffic to the JobBoard from social media accounts like the ones below(click a tweeted link to see an ad for the JobBoard):
https://twitter.com/AngularJS_news
https://www.linkedin.com/groups?groupDashboard=&gid=4896676
https://twitter.com/angularjobs
edit: added Twitter account examples.
The JobBoard is a great way to get some passive income, but, there is a lot more money to be made if you want to devote your time to recruiting.
Having a non-recruiting domain in the space you want to recruit in is a huge advantage when getting both JobBoard and recruiting leads.
Definitely focus your recruiting efforts in one locale at first. DC, SF and NYC are the top markets if you are based in the US.
The JobBoard should be worldwide (easier to facilitate than restricting it anyway).
Feel free to send me sensitive questions via email: brian at linkplugapp.com
These contracts made building the JobPosts and driving traffic worth my time(contract = collect a sizable a fee when someone you refer to a position gets hired).
JobPosts drive the organic traffic to JobBoards, so make sure you take SEO into consideration when posting.
I also started with a much lower rate to post on the JobBoard, never free, but as low as $29 at one point. As the traffic grew, so did the price. Now a JobPost costs $349.
Most companies are very familiar with this type of contract.
https://play.google.com/store/apps/details?id=com.jasmcole.w...
http://jasmcole.com/2014/08/25/helmhurts/
It reached the reddit front page for a day, and earned £3,000 during that day. Since then, it's averaged ~£150 per month, with only small input from me (minor updates)
I then saw the traction the blog post was getting, so wanted to capitalise on that quickly. I had an Android phone, so for simplicity (and ease of monetisation) decided to write an app for that. From zero knowledge of Java it took probably 30 hours over a weekend to get the app out, then perhaps another 10 hours over the next week on a few updates and bug fixes.
Getting the app up and running was relatively simple, most of the time was spent looking up API functions in Google's SDK documentation (and SO!). The only complication was making sure the CPU-intensive parts ran in a separate thread to avoid locking up the UI, and dealing with different device display sizes and resolutions. Everything else (dealing with input, generating images etc.) wasn't particularly difficult, but did take time to implement.
TBH, the worst part about this is that it's so easy, I got pretty lazy about it. This is why I haven't answered the "what did you make?" question - I got so lazy about it in 2014 that the side projects brought in about half what they made in 2015. Kinda painful in retrospect.
Likewise, if I had web sites for this stuff, if I built email marketing systems, I'm sure they'd make more money. I even have a Kindle version of one of my books, and I still haven't gotten around to sharing it with my customers. Kind of embarassing, actually.
But even then, I'm well over the $1K/month mark. No worries there. All you really need to do is create stuff that people find worthwhile.
1. Your video mentions you 'buy the SSL certificate' for users. How does that work? Are you a CA or do you resell another CA?
2. Your video mentions latest security practices - are you selling EV certificates? Or just 'encryption to someone who owns this domain' certificates?
3. If you resell another CA, how can the identity verification process be 20 minutes?
Pardon all the questions, but I'm currently waiting on godaddy, who take 15 days, so I'm interested in this stuff.
Again, sorry for all the questions and thanks for answering!
Has heroku providing free shared SSL impacted your numbers at all?
Temporary email. Got lucky with traffic, and run two Google Adsense ads.
Ever had any ideas for monetizing the junk mail you receive? I'd imagine most of the mail filters do something similar to learn on, but it seems like there has to be some value from that volume.
Ever had any ideas for monetizing the junk mail you receive? I'd imagine most of the mail filters do something similar to learn on, but it seems like there has to be some value from that volume.
Ever had any ideas for monetizing the junk mail you receive? I'd imagine most of the mail filters do something similar to learn on, but it seems like there has to be some value from that volume.
What sort of hardware do you need for that kind of load?
Edit: this depends heavily on your traffic pattern, of course. Super bursty traffic from Reddit, TechCrunch, etc is going to swamp your IO, but CPU will never dominate the equation.
At all.
How do you get that? Assuming 4M/month, that works out to 130K/day. Even if all that traffic comes in a 10-hour window, that works out to 130,000/36000 =~ 4/sec, not 70/sec.
I have a massively overspecced server that I use for this, and many other sites/projects - 24 GB RAM, dual X5670 CPUs, etc... Typically runs at a load average of only 0.5-0.6. Like I said, overspecced:)
PS: I will disable uBlock on your domain. I like people who advertise properly.
Thanks.
It's done about 80k in sales in 3 months - I'm in the process of writing a blog post about how I did it, what worked and what didn't. It's not inexpensive, but it pays for itself quickly so people are fine with spending the $45 on the book + videos.
Feel free to ask questions here so I have content for the post.
I tried to write blogs and had to write papers for university, but I always struggle.
I have the feeling that some people can produce much text from nothing, where I put my ideas into a few sentences...
Creating content for me is always hard, but once it's done, I love to deliver it (via talks, teaching, videos or books...)
Please see: https://www.reddit.com/wiki/faq#wiki_what_constitutes_spam.3...
And yes - I've bought all the reddit ads I can get my hands on - they are in pretty limited quantity.
Here's another good informational link that delves into this aspect: https://www.reddit.com/wiki/selfpromotion
I'm glad you've bought ads (though I don't remember ever seeing one), but that doesn't exempt you from the rules about self promotion.
People demanding something for nothing doesn't scale, so it we must settle for something in between: Mutual value.
Thanks! Matt
(I mean the content, not the selling of it.)
I'd be happy to chat further. Hit me up on my website or on Twitter: @clintfix
This is an awesome project and it looks like the content you are providing is high quality and impactful! I would love to hear more about how you started gaining the initial content and how/why you structured the Courses (1&2) in the ways that you did.
Thanks,
I recorded what it looked like. You can see it here:
https://www.dropbox.com/s/i9jpjzm7035bhg2/blinking.mov?dl=0
It currently makes about $1,200/mo. I do somewhat detailed income reports over at http://www.it-engelhardt.de/income-reports
I have a small directory website. It's pretty boring stuff, but it is a good source of almost passive income. Never published it. I just created the website and sent the sitemap to Google Webmasters. It's 8 months old and I have 400k pageviews/month.
I have lots of projects in idea stage, I want to execute at least two in 2015. My plan is to reinvest all money from this first side project to create others.
I started with AdSense 3 months ago and I'm still afraid of being banned and lose all my revenue. I don't explicitly violate any terms, but it is not original content and can easily be framed as doorway pages.
One of my goals to 2015 is a better project to publish here.
Quite a change from my day job working in software but I enjoy the diversity.
http://www.amazon.com/gp/product/B00PJKCXJC
I've been trying to understand the full remote supply chain, going directly from the offshore supply chain directly to FBA.
I'm starting to ramp up my marketing but to date I've done some adwords and advertising on Amazon.
Sales are steady, I don't reach $1000 every month but the holiday season more than makes up for it when you average it out.
Thanks!
It's got a standard F2P model for the collectibles aspect: you can get everything for free by playing the games / posting in the forums, or you can pay for it. It probably doesn't make as much as it could as I refuse to employ "dirty F2P Tricks", but that's a personal choice.
Check it out if you care to :)
https://www.mycenacave.com/
I run a membership site called travelblogsuccess.com. My full-time job is at WooThemes for WooCommerce. I'm a firm believer of "eating your own dog food" thus we use WooCoommerce and several other plugins on my own side project. This has given me a better understanding of the products we sell at WooThemes as an actual customer on a live site. I learned more about our own products using it for my side project than learning and testing our plugins on a local development server.
As for the site itself it does require maintenance so not quite passive. It's important that we communicate with our community and update our lessons and courses often. We just introduced a public Slack community yesterday for example. We're now a team of four and could easily need more help. 2014 saw huge growth.
Initially I was concerned that my side project was going to take up too much of my time resulting in having two full-time positions. It did take some lifestyle changes in the beginning to free more time like spending less time messing around Facebook or Twitter and optimizing my time spent on my side project. In the end everything has worked very well. I spend on average an hour or two each day on my side project. Sometimes more if I'm simply watching TV while working on a few tasks during my downtime.
Sorry for the initial vague comment. Please do feel free to ask me any questions.
I wrote a site creator for non-profits that allows them to create customized fundraising sites.
Neither app has any server-side components, so they don't cost me anything but squarespace fees for my website and my iOS dev program membership.
Edit: Oh yeah, they're both paid apps and I don't fiddle with the pricing
I only launched the book about 1.5 months ago, and I'm at about $1500 in revenue. I'm definitely hoping to see greater income with the higher tiers (including video) and greater marketing. I'm also speaking with some companies about them buying site licenses of the book, which would increase the revenue even more.
I tried some ads (Facebook, Google, and Reddit) for a short time, but they didn't work -- mostly, I'd guess, because the landing page is still immature, and because I didn't give away any free chapters or other elements.
The landing page is now better than it was, and people now have a choice between buying the book right away and getting a chapter's worth of exercises and solutions over a 10-day period via a drip campaign. These improvements have definitely raised the conversion levels.
I just signed up for your samples as 'pbhj' if you want to get in touch.
Incidentally, when one adds themselves to your email list for samples it takes you to https://lerner.leadpages.net/new-practice-makes-python/thank... but there's no route back other than using the back button. IME this tends to mean people will just close the tab, providing a route back or on to a related page might help conversions or give you chance to get affiliate conversions or what-have-you.