I'm not looking for the "next big thing" idea. This is purely me getting sick of waiting tables and having to clock in, having a fixed work schedule, etc. and wanting to utilize my coding skills to build a passive income engine. I'm an aspiring actor and need all the free time I can get to attend auditions and be on the film set on shooting days.
I started and still run a daily deal platform (basically Shopify for Groupon clone sites) that made me sufficient passive income (~$1.5k/mo) for a number of years, and I had a blast just travelling, chilling, playing video games, hosting parties, etc. from 2012-2014 while my bills get paid. Unfortunately, I'm really unwilling to work on the idea anymore, and the market is shrinking I believe, and revenue is suffering now. I'm not sure if I'm disinterested because it's not growing anymore, or it's not growing anymore because I'm disinterested. Either way, it's just a whole big mess of code right now that I'd rather not work on anymore.
I need a new idea that:
1) Can be coded up and iterated a number of times in 3 months;
2) Makes $2,000/mo in recurring revenue;
3) Can preferably be sold to small businesses who don't have high expectations (or any arbitrage-like market where small effort is disproportionately rewarded; sometimes waiting tables is also like that -- we occasionally get big tips for almost negligible work); and
4) Can be maintained on 10-20 hours a week of work (i.e. fixing bugs, adding features, customer service).
Anyone has any idea?
I started and still run a daily deal platform (basically Shopify for Groupon clone sites) that made me sufficient passive income (~$1.5k/mo) for a number of years, and I had a blast just travelling, chilling, playing video games, hosting parties, etc. from 2012-2014 while my bills get paid. Unfortunately, I'm really unwilling to work on the idea anymore, and the market is shrinking I believe, and revenue is suffering now. I'm not sure if I'm disinterested because it's not growing anymore, or it's not growing anymore because I'm disinterested. Either way, it's just a whole big mess of code right now that I'd rather not work on anymore.
I need a new idea that:
1) Can be coded up and iterated a number of times in 3 months;
2) Makes $2,000/mo in recurring revenue;
3) Can preferably be sold to small businesses who don't have high expectations (or any arbitrage-like market where small effort is disproportionately rewarded; sometimes waiting tables is also like that -- we occasionally get big tips for almost negligible work); and
4) Can be maintained on 10-20 hours a week of work (i.e. fixing bugs, adding features, customer service).
Anyone has any idea?