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Make $140k/yr, be happy, and make a side project that brings in passive income. Build it up over 5 years until it makes $200k/yr reliably..now you're doing bett

Make $140k/yr, be happy, and make a side project that brings in passive income. Build it up over 5 years until it makes $200k/yr reliably..now you're doing better than anyone who has to have a real job.

iplaw 10y ago
You make this sound easy and guaranteed. Perhaps give a few examples of side projects that will generate $200k in ARR within 5 years?
- truftruf 10y ago
  Five years of sustained effort is far from easy... You could create mobile apps, informational web sites that generate Google traffic, niche SaaS services, a YouTube channel in a popular topic, sell physical goods on Amazon, open an Etsy store. Ideas are the easy part, especially if you already have an expertise in some area. The hard part is the five years of building.
- sean_patel 10y ago
  > Perhaps give a few examples of side projects that will generate $200k in ARR within 5 years? Here => https://www.indiehackers.com/businesses?revenue=Over%20%2425k%20per%20month https://www.indiehackers.com/businesses?revenue=Over%20%2425... If you read their individual stories, you will find that 8 or 9 out of 10 started as a side-project. Here => https://www.indiehackers.com/businesses?revenue=Over%20%2425k%20per%20month https://www.indiehackers.com/businesses?revenue=Over%20%2425... If you read their individual stories, you will find that 8 or 9 out of 10 started as a side-project. Also not all are 200K. But like OP says, if you have a $140K job and not having to work your ass off like the $200K jobs expect you to, then you can make the extra $60K in a well thought out and executed side-project.
sean_patel 10y ago
Why are people downvoting this? It may not be as easy as it sounds, at the same time, it's not as hard as everyone in comments below are making it out to be. Full of profitable side-projects => https://www.indiehackers.com/ https://www.indiehackers.com/ You need 1) Discipline 2) A side-project that solves a "pain point" or atleast alleviates some of the pain in "pain point", so you can monetize from day 1 3) Ship, and refine.
- deleted 10y ago
  [deleted]

iplaw 10y ago

You make this sound easy and guaranteed. Perhaps give a few examples of side projects that will generate $200k in ARR within 5 years?

truftruf 10y ago
Five years of sustained effort is far from easy... You could create mobile apps, informational web sites that generate Google traffic, niche SaaS services, a YouTube channel in a popular topic, sell physical goods on Amazon, open an Etsy store. Ideas are the easy part, especially if you already have an expertise in some area. The hard part is the five years of building.
sean_patel 10y ago
> Perhaps give a few examples of side projects that will generate $200k in ARR within 5 years? Here => https://www.indiehackers.com/businesses?revenue=Over%20%2425k%20per%20month https://www.indiehackers.com/businesses?revenue=Over%20%2425... If you read their individual stories, you will find that 8 or 9 out of 10 started as a side-project. Here => https://www.indiehackers.com/businesses?revenue=Over%20%2425k%20per%20month https://www.indiehackers.com/businesses?revenue=Over%20%2425... If you read their individual stories, you will find that 8 or 9 out of 10 started as a side-project. Also not all are 200K. But like OP says, if you have a $140K job and not having to work your ass off like the $200K jobs expect you to, then you can make the extra $60K in a well thought out and executed side-project.

sean_patel 10y ago

Why are people downvoting this? It may not be as easy as it sounds, at the same time, it's not as hard as everyone in comments below are making it out to be. Full of profitable side-projects => https://www.indiehackers.com/ https://www.indiehackers.com/ You need 1) Discipline 2) A side-project that solves a "pain point" or atleast alleviates some of the pain in "pain point", so you can monetize from day 1 3) Ship, and refine.

deleted 10y ago
[deleted]