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Ask HN: What is your passive income in 2020?
25 points by maxilevi on Feb 20, 2020 | hide | past | favorite | 10 comments



My startup. It's not yet generating enough to pay _all_ the bills, but it's growing.

It's passive income in the sense that if I didn't "come in to the office" for a month, my revenue would, in all likelihood, remain the same or increase.

The entire process from on-boarding customers to them putting money in our bank account is done by computers.

https://siftrics.com/


Just checked your website, amazing product. Good luck!


Thanks man! The hardest part is getting the word out.


This is a really nice product you've got there! I actually have another related issue: as an English-speaking immigrant living in a non-English-speaking European country, I get a lot of bills and invoices in the local language. It would be really cool for someone like me to have a translation layer on top of this. I don't know if an individual like me would go past your free plan though.


Hi! Thanks for the comment.

1. You make a good point about languages. In fact, it seems a lot of my users are European or Latin American, so this would suit a good portion of the user base. I‘ll certainly look into adding better language support.

2. The free plan is 5,000 kB which equates to 30-100 documents (not many, I admit) assuming your PDFs are 50-150 kB. However, it is worth noting that the paid price is prorated to groups of 100 kB, each group costing only $0.01. So every document you upload outside the free plan would cost $0.005-$0.015 per month, assuming the same document sizes as I mentioned before.


That is an amazing product.


Skincare for men (https://www.mendskin.co). I commented in a similar thread 6 months or so ago, and it’s been solid. First started as D2C, but that proved to be a terrible decision. D2C is effectively dead. Now working with online retailers and my own online store. Wasn’t profitable last year, but so far this year looks good because of our partners.

One of our partners is selling our stuff for what seems to be 85% off... idk why, but if you wanna give our products a shot, check them out here (there’s no way I can personally offer a better deal lol): https://fashionsta.com/brands/men-d-skin-co.html


Can you describe what the process of working with online retailers is like? Do you have to price it knowing the retailer will take a cut? What is outreach like? How often do they respond? Any knowledge would be helpful :)


From https://AutoSpotting.org, a software that I wrote a few years ago and I still maintain and work on occasionally I earn about $450 monthly.

I also have a bunch of shares and funds that increased by some $4000 over the last year.


3458 shares of VTSAX. Can't get any more passive than index funds.




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