Pat Flynn
smartpassiveincome.com · Personal blog · on HN since 2010
Pat Flynn writes about building online businesses, niche sites, podcasting, and passive income, and publishes his own income reports.
What HN saysCommenters recommend it for niche site building and marketing, and praise Flynn for openly sharing his monthly income and expenses.
27HN people shared it
24linked it in comments
3stories submitted
4story points
4 years agolast shared
2010people per year2026
Most-shared posts
- 1Homepage8 people · first shared 2013
- 2Podcasts2 people · first shared 2016
- 3How to build a niche site2 people · first shared 2012
- 4Podcast2 people · first shared 2015
- 5Simple iOS photo app makes $6,639.32 in first 11 days1 people · 2 points · first shared 2011 · discussion on HN
- 6Why I Closed My Service Business to Start an Internet-Based Business1 people · 1 points · first shared 2010 · discussion on HN
- 7How to Improve Your Online Business or Blog1 people · 1 points · first shared 2010 · discussion on HN
- 8Email list strategies1 people · first shared 2013
- 9Amazon affiliate program1 people · first shared 2022
- 10How to get paid for your ideas1 people · first shared 2014
- 11Niche site update new content1 people · first shared 2013
- 12Most powerful productivity tip1 people · first shared 2013
- 13No ideas no expertise no money business1 people · first shared 2021
- 14Read this post to find out exactly what you need to know about calls to action1 people · first shared 2010
- 15Neil patel seo1 people · first shared 2016
What HN people wrote when they linked it
GABaracus · 2013-08-03
My favourite sites for this, which focus on building and marketing niche sites:
http://empireflippers.com
http://www.smartpassiveincome.com
nathanbarry · 2014-09-26
First, I want to congratulate Matthew on creating a truly valuable resource that people love and are learning from. That's the hardest part of any online business. Typography for Lawyers and Practical Typography are great resources that deserve every bit of praise and attention they've received.
Whenever someone creates something this valuable I like to see that they get paid for their work. After all, the only thing better than creating products and content people love, is getting paid to do it.
Based on my experience Practical Typography could, without too much effort, make $100,000 per year. So you can think of this comment as a short article titled:
"How Matthew Butterick could have made 27x as much revenue from Practical Typography"
Let's jump in.
// The numbers
Matthew quotes a few numbers in his post, but the two I want to focus on are traffic (649,000 readers, actually I'm not sure if this means visits or visitors...) and book revenue ($3676).
My blog actually averages a similar amount of traffic. For the last two years I've had about 660,000 visits from 420,000 visitors. So about the same amount of traffic. This includes plenty of lower quality viral traffic from communities like Hacker News.
I wrote three books [1] and each one of them made $100,000 within their first year (roughly). That tells me with the same amount of traffic—which is probably better targeted than mine—it's reasonable that Matthew could make $100,000 off of one book.
That's 27x times as…
equalarrow · 2014-07-21
Well, I don't want to sound too ancient, but I learned how to program on 8-bit machines, as a kid, in the 80's. Commodore, Apple's, IBM Pc's (all pre-MS Windows).
We (my friend and I) did everything in Basic. We had our first programming job at 14 & 13. And that was building mailing list apps for people (this was superseded by the database).
My main driving force has always been get 'enough' knowledge and dive in. I still do that today and now there are a gazillion more resources on the web to help. I grew up in the model-T days of computers.
Today if I was to advise someone on building a desktop or server app, I would probably say do it in Ruby or Python. And of those two, probably Ruby - it's just a little easier to get into.
iOS and Android are definitely huge, but I would probably suggest to someone to learn Swift and go for iOS if they wanna go the mobile route. iOS pays more and Swift is enough like Javascript to where you could transition a little easier than Java. Nothing wrong with Java, of course, but it's way bigger - like you getting dropped in a jungle and trying to find a way out.
However. I am a late comer to seo and _making money on the web_ via 'passive income'. My biggest recommendation to a kid might be to not program at all, but learn how to setup content sites and go for affiliate marketing, google adwords, etc. This is the complete opposite of coding for a living. Why would I recommend this?! Because you can make money this way while you sleep (see…
sharkhacks · 2017-05-29
Here are a couple of awesome examples:
Affiliate Marketer https://www.smartpassiveincome.com/
Patt is awesome, he actually shares his monthly income and expense statements. Started solo and now he hired a bunch of people.
Nathan Barry (http://nathanbarry.com/) the guy who started convertKit https://convertkit.com/
isaacV · 2016-07-19
Most decent paying jobs involve sitting in front of a computer all day, especially those that would leverage your experience. However, thinking like a developer can help in just about any field.
Perhaps more autonomy is what you are really looking for?
In that case, being a real estate investor could be cool. After doing the research, you get to do a lot of hands-on onsite management that can be fun. It is still a high-pressure career though, especially when your own money is at stake.
Maybe you could leverage your experience for yourself and find a way to simply work less and less in general by creating passive income assets: http://www.smartpassiveincome.com/
hughguiney · 2015-08-14
Pat Flynn’s site and podcast: http://www.smartpassiveincome.com/
firefoxNX11 · 2015-03-08
Are you looking for software only examples? SPI[1] has several non-software examples.
[1] http://www.smartpassiveincome.com
b3b0p · 2013-07-26
There is a good blog devoted to passive income: http://www.smartpassiveincome.com/
They also have a podcast, which I have listened to. It's not bad at all.
jmonegro · 2012-05-06
This might be right up her alley:
http://www.smartpassiveincome.com/how-to-build-a-niche-site/
It's not HN-ey, but I can see it working for her.
Best of luck!
emanuer · 2010-06-28
Test your headline with a short Adwords campaing to find out what version works best. Tim Ferris did this for his book "The 4 hour workweek"
http://www.smartpassiveincome.com/read-this-post-to-find-out-exactly-w… Increased conversion rate from 0.3% to 4% in only on hour by adding the words get/download in a max 80 signs ad.
List of Call to action phrases:
* Get…
* Download…
* Click Here to…
* Press the…
* Enter your…
http://www.beaconlearningcenter.com/documents/972_01.pdf Don't throw away the junk mail:
1. Guilt: “Because of the way blah blah blah has been treated, you owe it to them to help.”
2. Patriotism: “The American way of life may disappear if you do not support us on this.”
3. Greed: “You could earn 10,000 dollars just by sending us 10 dollars.
Don’t miss out on this opportunity. Act Now!”
4. Compassion: “For just 36 cents a day you could help this starving child.”
5. Snobbery: “You are among the few hand selected people to receive this special offer!! “
Other Resources:
http://www.copyblogger.com/copywriting-101/
http://www.clicknewz.com/free/32ConversionTriggers.pdf
ParksNet · 2022-06-27
I think the author misunderstood Epic's use of 'Creator': It means Content Creator, as in Youtubers and Streamers. This 5% is basically a referral or affiliate bonus.
By contrast, Amazon only offers 1% for video games: https://www.smartpassiveincome.com/guide/amazon-affiliate-program/
ivos_android · 2021-05-21
You mentioned a sequence of steps, it's pretty good but I would always say start with the customer and their needs not your idea. Put the customer at the center.
As you probably know most businesses operate off of this structure. Customer wants a result so they use a mechanism(your idea or business).
Focus on the finding a result that a customer wants that you can offer. Another way to look at it is customer, problem, solution, offer.
Also you don't have to raise capital if you don't want to. You could have customers pre-pay for your MVP before it's finished this also helps validate if people will buy your product/service.
Here are some resources.
This consultant/coach has built multiple software companies. https://www.startfromzero.com/
https://www.eofire.com/
https://www.smartpassiveincome.com/podcasts/no-ideas-no-expertise-no-m…
giarc · 2017-09-25
Check out the SPI podcast (Smart Passive Income). Lot's of founders on there from companies you've never heard of.
https://www.smartpassiveincome.com/podcasts/
bitshaker · 2017-07-20
Build stuff you want and then license the things to large companies who would want to actually make a business around what you build.
Here's someone doing just that: https://www.smartpassiveincome.com/podcasts/how-to-get-paid-for-your-i…
finspin · 2016-11-25
At the moment it's http://www.smartpassiveincome.com/podcasts/
shloosh · 2016-11-19
I agree with finid in that the only real way to drive consistent traffic is with good content. One good suggestion that I've heard floating around the SEO community is to create a 'Beastly Resource' with content you know people will want and give it out for free. For example, if your website is about programming and you're a master with CSS, consider creating an awesome guide on CSS. If you're interested, here's an SPI podcast with Neil Patel that explores this topic in more depth:
http://www.smartpassiveincome.com/podcasts/neil-patel-seo/
patio11 · 2015-07-22
I've listened to a podcast or two by people whose full-time job is, essentially, Walmart-to-Amazon arbitrage. (Hit up every big box store in your town twice a week for items which your noggin and Amazon app suggest are currently substantially more dear on Amazon than they are at the store; clear the shelves at the store if you find any; ship to Amazon and have them do fulfillment; buy more inventory when the money comes back.)
It feels to me like it's one of those things that shouldn't work in a world with perfectly efficient pricing and spherical cows but apparently it does actually support a handful of people in the real world.
Link for substantiation: http://www.smartpassiveincome.com/fulfillment-by-amazon-fba/
imaginenore · 2015-03-15
Smart Passive Income
http://www.smartpassiveincome.com/category/podcast/
Tons of interviews with people who start online businesses.
chstrcheeto4prz · 2013-11-15
The real value in this sale (which the author readily admits) is the organic traffic that he'll get from publicizing the sale. Pat Flynn did the same thing with http://www.smartpassiveincome.com/niche-site-update-new-content/. The people reading about how to create niche sites are actually the ones bringing the most value to the author's niche site. It's a clever model for social seo.
wikwocket · 2013-10-16
Here is a ton of information and advice about email newsletters: http://www.smartpassiveincome.com/email-list-strategies/
andydrish · 2013-10-16
Very cool. What is the product?
At this point, I wouldn't put any energy into the product. I would focus all of your efforts on selling until you have 3 to 5 customers who have paid you.
Here are two case studies on people pre-selling B2B based software companies before writing a line of code:
Carl sold a few grand building software for physical therapist offices: http://www.smartpassiveincome.com/research-validation-profit/
Josh - Sold $22K in sales with 73 customers. Selling CRM software.
http://thefoundation.com/josh-story/
What other questions do you have? Here to help.
dylanhassinger · 2013-08-02
1. DOWNSIZE. drastically reduce your commitments / todo list. Procrastination is your subconscious brain's way of saying that it is freaking out with what's on its plate.
2. INTENTION. with the stuff that's left over, take a time out and truly commit to it. Do meditation, quiet your brain, and make an honest decision about what you're committing to.
3. IMPLEMENTATION. now plan HOW you will get these committments done. Visualize yourself actually doing the steps to complete it.
Putting all these together, check out this podcast where Pat Flynn shares his technique of "small batches to completion":
http://www.smartpassiveincome.com/most-powerful-productivity-tip/
Also: Adderall / Modafinal / Cyclobenzaprine / Exercise can help quiet the mind and bring focus :)
chunkyslink · 2012-08-03
vijayr · 2015-06-06
1. Make Udemy courses (and sell elsewhere also). There are lots of topics which still don't have good courses on Udemy, even though they claim to have tens of thousands of courses. Example: http://www.businessinsider.com/rob-percival-online-coding-courses-2015…
2. Other forms of content - like eBooks. If you can write about a technical topic or a business topic, there is money in it. example: http://nathanbarry.com/samuel-hulick-37000-self-published-book/
3. Mobile apps - don't know much about it. This seems to be a hit or miss thing
4. Affiliate sites using various affiliate programs like Amazon, eBay etc.
5. Teach in person - this is awesome if you can pull it off. I've seen people do a weekend course and make 5k or more depending on the topic.
These are some interesting resources that I've recently started following:
http://www.sidehustlenation.com/side-hustle-show/
http://www.smartpassiveincome.com/category/podcast/
But the best is probably to build a SaaS application. Hard part is finding a need :( Here is a beautiful example https://blog.pinboard.in/2014/07/pinboard_turns_five/ ($200K per year with bookmarking site).