My sideproject on iOS and Android generates 1.1M a year. About 90-100k a month.
I'm still employed because the app runs on its own, very low maintenance, so might as well get a salary doing something else and learn new things
I want to know the secrets to being such a good company and/or manager that you can keep someone earning 1.1m on your staff!
I believe answering above questions will not affect your anonimity.
Very dependent on the API, wrote the API myself in Go.
Hosted on Google Compute and using RethinkDB as the database.
yeah I'd keep my job too and look forward to those sweet tax deductions and getting all that extra social security withholding back
anyway, in silicon valley (or san francisco in particular) you could not retire on that. you could coast, but you couldn't use it to buy a house (or apartment/condo), the moment you make a downpayment you absolutely have to keep working to make the monthly payments
We're talking about annual income 7x the Per capita income in the US and 10x of countries like Italy, Spain and Israel.
the comment broke down the parent comment's earnings in a way this thread wasn't currently pointing out.
Plus a 105k a year salary from day job. Its enough to live on for a 27 year old.
"This will never end 'cause I want more / More, give me more, give me more"
I would not have been satisfied with that when I was 27 and would have likely gotten an additional side contract, while writing calls in the options market, while buying powerball tickets
I'd love to chat! Email is in my profile if you're interested.
But I only really make enough to afford enough beer to wash away my regrets of spending so much time building this thing.
It's not bad writing; I'm just terrible at sales/promotion. I don't really do it for the money, anyway.
I also built https://github.com/nfriedly/node-unblocker around the same time, it's a web proxy for evading government/corporate/school/etc. filters. When I had a copy of it online, it got a lot of traffic from around the world, and used to earn anywhere from $10 to $100/month from adsense, depending on the month. However, it wasn't worth the effort of keeping it online due to abuse + clueless sysadmins.
Unblocker also earned me a consulting fee a couple of times from folks who wanted help integrating it into their project, and I ended up converting it from a standalone site to an Express middleware to make that easier.
Nice site by the way
And, looking at my history, "$20-30" is accurate for the past few months, but it was lower further back. This is the past 12 months, starting at July 2015: $12.41, 4.40, 21.29, 16.12, 13.38, 12.96, 15.56, 11.52, 23.93, 26.04, 23.84, 30.56.
It's been online since 2011 and more or less trending upwards, but last month was the first time ever to break $30.
It's been steadily increasing in sales volume to the point where my wife has cut some hours from her regular job to be able to keep up.
As she does all the real work (sewing) I've been able to focus on fun stuff like automating all the payment handling, bookkeeping, shipping etc.
Have other similar tools cut into your traffic?
My next side project has been to create a social/micro-blogging platform for outdoor enthusiasts (https://outsideways.com/). It currently isn't generating any revenue (it just launched in May), but I have big plans for it if/when it gets a core group of users contributing regularly.
I've thought about selling it or even just open sourcing it though. Maybe one day. It's been a really fun project though.
Have you compared it against something like Google Adsense?
I am currently working on http://gemssports.com. It is activity, payments, member management for sports companies. Think sports trainers, tournaments, softball teams, etc. We are just getting rolling but having some good success.
I have a 25% stake in the company - but I don't get much money myself, less than $1000/mo on average. This is because of our thin margins, and because my other business partners own the other 75% (50% is owned by the founder who created the sites back in 2008 using cheap outsourced labour that I was brought in to rewrite) and the other 25% is owned by another person for historical reasons. Furthermore because none of us spend much time on it anymore - or get much money from it - we're all very hesitant to spend money on marketing or advertising (we got marketing quotes starting at $5000/mo - and my co-owners are unconvinced that advertising would help at all), hence the impasse.
We do plan to create some new additional sites and services that have higher margins, including launching a "Twilio-lite"-like API which would offer much less functionality (as our backend is not as sophisticated as theirs) but would also cost less per-call. But that, too, would require marketing to get the word out.
If anyone here is a VC or is otherwise interested in investing for marketing, or is a marketing expert yourself, or interested in using our system - we'd be happy to talk a deal.
We did sell one of our older sites to a web publishing company a few years ago that went for almost a six-figure value - but unfortunately for me, that was after I wrote the entire stack, but before I was granted part-ownership (so I was just paid for my time: 3 hours to set a clone of the system up on the buyer's infrastructure).
One of my "rivals" - the creator of WakeUp.io posted his site to last month's "Show HN" thread, now it's my turn :)
Started off at 3k EUR revenue a year, currently at about 2k. It doesn't cost me any effort.
Written in F# using the Suave.IO functional web libraries. It will be a site coaches/athletes can use to view/analyze data from their workouts, races etc. Lots of tables, graphs. Runs on Linux cloud vms.
In all honesty, I find that when people working full-time jobs look for side projects, either their not happy with the job they have or their job underpays them. (That's not to say that working on fun side projects that happen to lead to revenue is a bad thing, but seeking side project revenue is not a great indicator).
Things that I've heard from friends:
- Shopify sites
- Tutoring / teaching
- Affiliate sales
Or they just don't get fulfilled spending all day making someone else rich?
I have always pursued my own endeavors because I want to earn passive income and be independently wealthy. I don't want to work for someone else for the rest of my life.