Hacker News new | ask | show | jobs
by canicode 3880 days ago
Idea for anyone interested in starting something that supports just you: visit Flippa.com. Sort by revenue. Save up, and buy something on there that you can grow from $500/mo in revenue to $1000/mo, then to $2000/mo, etc.

There are tons of sane businesses being sold on there that you can buy up and grow. At the very least, you'll see what actually makes money.

1 comments

Do you have any experience buying businesses from there? Any tips on how to find a reasonable price? I heard that a reasonable price would be (monthly revenue) * 12
A lot of them sell for much less than (monthly revenue) * 12. I haven't personally purchased a site from there, but I know people who have.

You don't need to buy something from there -- you can simply use the site to find niches where people actually make money.

Making money online can be done. Example: I started a Minecraft server early on, sold in-game benefits, and now make $5-15K (depending on season) per month. A friend of mine makes way more. Here are the stats he sent me recently: https://i.gyazo.com/81718cef2295bbf4df8a6d9892d140c1.png

One of DHH's bits of advice is to find a niche and focus on profiting enough to support yourself. The internet is the best place to do that.

Is there a way to contact you to get proper insight into this. I noticed there is no email to reach you on your profile. As a student, I am looking for ways to support myself and be totally in-charge of things. Thanks