5 ms·

Off-topic, but this touches on how I feel about all those "passive income" / "niche site" / FBA big shots. When you look at their income, almost all of it is fo

by efdee 9y ago

Off-topic, but this touches on how I feel about all those "passive income" / "niche site" / FBA big shots. When you look at their income, almost all of it is for meta stuff (hosting referrals, tool referrals, book sales) and not for the stuff they -claim- to live off (the FBA, the niche stuff, ...). Kind of how most people who got rich off the gold rush are those who were selling shovels.

hsribei 9y ago
It also pains me to have to sift through all the meta noise. But some examples do stand out. patio11 is one. 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/ 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-a-laptop.html 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.)
- vanderreeah 9y ago
  Interesting links, thanks. I would like to point out though that since it asks for (though doesn't demand) email addresses to keep up with the book's progress, Tringas's book is not entirely without a profit for him. (Based on the assumption that a mailing list is highly valuable for these kinds of entrepreneurs.)
nostalgiac 9y ago
Except selling shovels in a gold rush is a legitimate business that provides value. A more accurate analogy for 99% of the online passive income people would be that they got rich selling maps for where gold is, except the maps are a complete fabrication.

by efdee 9y ago

hsribei 9y ago

It also pains me to have to sift through all the meta noise. But some examples do stand out. patio11 is one. 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/ 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-a-laptop.html 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.)

vanderreeah 9y ago
Interesting links, thanks. I would like to point out though that since it asks for (though doesn't demand) email addresses to keep up with the book's progress, Tringas's book is not entirely without a profit for him. (Based on the assumption that a mailing list is highly valuable for these kinds of entrepreneurs.)

nostalgiac 9y ago

Except selling shovels in a gold rush is a legitimate business that provides value. A more accurate analogy for 99% of the online passive income people would be that they got rich selling maps for where gold is, except the maps are a complete fabrication.