For those of you with income generating side projects, have you incorporated? Do you pay quarterly taxes? Do you list it as other, unreported income on your returns?
This is a story of how I managed to sell my simple project to a guy from the internet and earned an amount of cash equivalent to my yearly supply of beer, and trust me, I REALLY like beer. All I did was put together a trivial web app to scratch my own itch, and it keeps scratching it, while I drink my free beer.
How many of us currently run a single-person company? By company, I mean something that generates (or is intending to generate) revenues. Side projects count.
Working on side projects is awesome, and it’s totally doable even if you have a full time job and a family. Read on for how I did it.
Have you ever wondered how remote businesses develop? Today, we’ve got Tyler Tringas, founder of Storemapper and SolarList, to tell us about his experiences building a remote business and traveling.
The side hustle offers something worth much more than money: A hedge against feeling stuck and dull and cheated by life. This psychological benefit is the real reason for the Millennial obsession, I’d argue, and why you might want to consider finding your own side hustle, no matter how old you are.
Do you have a profitable side project? How long did it take to achieve?
Nomad Projects is a platform for digital nomads who want to start a side project. Connect with other nomads so ideas don’t stay ideas, but grow into a side project with diverse expertise.
It can be a SaaS app, a mobile app, or any side project that is netting you recurring revenue.