Re:I earned $160k in passive income from writing non-fiction...
by lostmsu on Thursday April 28, 2022 @09:30AM
(#31192199)
To summarize a bit further, the income is not passive at all.
Re:I earned $160k in passive income from writing non-fiction...
by snarf21 on Thursday April 28, 2022 @10:02AM
(#31192566)
Yeah, show the numbers for each book made after the first year of release. I'd consider that more passive.
Re:I earned $160k in passive income from writing non-fiction...
by greglim81 on Thursday April 28, 2022 @10:24AM
(#31192827)
will document them in twitter
Re:I earned $160k in passive income from writing non-fiction...
by pbronez on Thursday April 28, 2022 @11:56AM
(#31194121)
"I have a moderately remunerative writing side hustle" just doesn't have the same ring to it
Re:I earned $160k in passive income from writing non-fiction...
by d--b on Thursday April 28, 2022 @10:31AM
(#31192908)
Yes, but at least, he's not selling you the version that says "I hired a bunch of people in {enter 3rd world country} to write books on random subjects, then hired another bunch of people in {other 3rd world country} to write fake reviews about them", and made it into a business.
But then I look at the article. Oh, it's over six years? Okay, $26k/yr is a lot less and all of a sudden it's a big risk to try and turn that into a real business. Wait, what's that in the screenshot? 78 books? $341 per book, per year. And my thought goes from "that sounds like a great little business!" to "fuck that" within about fifteen seconds.
And such is the lifecycle of these "how I made $n doing x" articles. Great claims that when you dig into them, the resulting wisdom is basically "do a lot of work, and have a little bit of luck. And don't forget the marketing!"
I don't mean to tear down what the author did by any stretch, it's impressive regardless of the time frame. But if you're already making $150-200k/yr from a tech job, do you really want to bust your ass for another couple grand?