Ask HN: What are the some passive income strategies you do beside your IT job?

Re:Ask HN: What are the some passive income strategies you d... by sebringj on Monday April 09, 2018 @12:08PM (#16794247)

I would say its easier to be focused than general for the small timer. I made a niche ERP integration with an app, then sold it for 150/monthly to 20+ customers. I've done other things like building a plugable CMS and making components but that focused approach I first mentioned was easy money compared to those.

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Re:Ask HN: What are the some passive income strategies you d... by ya3ad on Monday April 09, 2018 @12:52PM (#16794694)

Please share the link of your product.

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Re:Ask HN: What are the some passive income strategies you d... by sebringj on Monday April 09, 2018 @02:44PM (#16795747)

This is just for enterprise customers where they wanted a snap-in mobile ecommerce app that integrated with their very niche ERP system you probably haven't heard of. It is just a software subscription agreement with no product site. I'm embarrassed to show on here anyway as its 5 years old now but you get the idea. My wife suggested I do this and it was low hanging fruit, meaning clients wanted it, there was no competition to build it for them as no one really knows that ERP so it was just a pretty easy step to decide. Peter Thiel said "competition is for losers" and I know what he meant in this particular case although on a tiny scale of very niche customers.

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