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Sam Ovens – Founder of Consulting.com
How does Sam make money online? Sam makes money online in a variety of ways, but since 2015-2016 it seems he mainly makes money from sales of his online courses and mastermind programs. I’ve published an in-depth review of his most popular online course: Sam Ovens Consulting Accelerator Review How much money does Sam make?…
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Ryan Roots – Co-founder of Ralli Roots
How does Ryan make money online? Ryan runs a business with his wife Allison and they make money online in several ways. Their company is called Ralli Roots and they describe it as “a resale, investment and education company” on their official website. More specifically, Ryan and Alli seem to earn the bulk of their…
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Dan Meadors – Co-founder of The Wholesale Formula
How does Dan make money online? Along with his business partner Eric Lambert, Dan makes money online in two primary ways: They buy products in bulk, get those products shipped to Amazon’s FBA warehouses, then resell them on Amazon.com. (This type of business is sometimes referred to as Amazon Wholesale.) They also sell an online…
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Conor Walsh – Freelance Ghostwriter
How does Conor make money online? In a December 2019 interview, Conor reported that he earns the majority of his online income as a Freelance Ghostwriter. He explained his freelance work like so: My main gig is ghostwriting for a team of ethical hackers doing penetration testing on websites around the world. I translate their…
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Chris Nolan – Remote Accountant
How does Chris make money online? Chris has a remote job as a Staff Accountant at SureSwift Capital, an investment firm that buys bootstrapped businesses from their SaaS founders to elevate them “to the next stage of growth.” As per Wikipedia: Staff Accountant is a mid-level accounting position between junior accountant and senior accountant. At…
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Art M. – Remote Health Coach
How does Art make money online? Art has a remote job as a Health Coach (“Care Coach”) at Ontrak Inc. (formerly known as Catasys), a health care technology company. They often hire new Care Coaches for remote positions. Here is the definition of the role: Here’s how Ontrak describes the day-to-day work of a health…
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Harry Wynn – Remote Senior IT Architect
How does Harry make money online? Harry has a remote job as a Senior IT Architect at Solomon Page, a specialty niche provider of staffing and executive search solutions. Here’s how he described his work in an August 2018 interview: I’m currently doing full stack web development for Solomon Page located in NYC. My projects…
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He’s Earned $50,000+ From Design Contests on 99designs
Albert Annan is from Ghana and recently posted this video on YouTube… In the video, he breaks down how he has won 124 design contests at 99designs. 99designs is a marketplace for design services. The site connects graphic designers and clients. See Albert’s profile on 99designs here. There are two ways designers like Albert can…
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How This Chess Grandmaster Earns $35K+ Per Month Online
Hikaru Nakamura is a chess grandmaster from the USA He monetizes his chess skills online in several ways. Including… Here’s Hikaru playing an online chess tournament in August 2020… As of this writing, Esports Earnings reports that Hikaru has won a total of $$977,504 in prize money from online chess tournaments since 2015… The $198,832…
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The most expensive app ever?
Here’s a little e-commerce history I found amusing. From Wikipedia: I Am Rich is an iOS application developed by Armin Heinrich and which was distributed using the App Store. When launched, the screen only contains a glowing red gem and an icon that, when pressed, displays the following mantra in large text: I am richI deserv…
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Teens are making big money on this platform
It’s called Roblox, and the NYT describes it like so: [Roblox is] an online gaming site and app with Lego-like characters and millions of virtual worlds to explore. They apparently have more than 100 million monthly active users now, growing faster than ever due to the pandemic 📈 How do you make money on Roblox? By developing games for…
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Holy heck this is hard
Chris McCormick writes that most of the projects posted to Indie Hackers don’t make much money. Jon Yongfook tweeted in response: I took an unscientific look at the products at the top and most have been around for *years*. I’ve said this before, but I think the biggest advantage you can have as a bootstrapped founder is the…
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Blog written by GPT-3 goes viral
A college student named Liam Porr got his hands on GPT-3 – the latest and greatest artificial intelligence tool I wrote about a few weeks back – and used it to generate a bunch of blog posts, one of which reached #1 on Hacker News. Out of more than 26,000 visitors to the blog, apparently only a…
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Inflection Points
What about coming up with ideas in the first place? Charles Ngo recently wrote about market inflections, which he considers the easiest way to think of million dollar ideas 💰 One of the six inflections he mentions is “platform inflection”: think about all the businesses built off of YouTube, Facebook, the Apple App store, and Amazon.…
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Using Reddit to validate business ideas
Some food for thought in this Reddit post: A few months ago, I saw a reddit post take off […] Hundreds of commenters […] were begging for access to this “python script”, that may or may not have existed. But whether it existed, or was just a photoshopped picture with a landing page really didn’t matter.…
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