Here's a breakdown of what I've tried, what I've learned, and how much I've earned with passive income.
Hopefully my experiments can help others figure out which paths do / don't make sense for them.
hehe I guess both, but actually more on how to start. Its always the same thing with coding for me, I never know how to start where to code etc..
Just like what is the flow for creating scripts
I’m glad to hear it. Seriously, do it! I’ve never regretted learning something new.
For those interested, my script (KeyFast) has been stabilizing to around 5 sales/day. Which comes out to $100/day (excluding taxes). It’s still within the first month of being posted in aescripts.
Absolutely! I’m all about those kind of hobbies that bring in some extra income
I will absolutely consider making a post about scripting!
Are you more interested in how to learn scripting, or how to get the motivation to learn scripting? Both were hurdles for me.
Big thanks for sharing this. Money is too often taboo, so big thumbs up for going into the details. This is exactly the question I had in the other post Daniel mentioned. It's great to see all those avenues you took.
And I guess it also confirmes that whatever you love most doing will probably be the thing that works best.
On a side note, I'm curious about your path to learning scrips for AE. Maybe in another post someday :)
Wonderful! Thank you for sharing - this only encourages me to take up something like this.
great write up! I've dipped my toes into posting on stock websites, but that didn't go too well. Selling on my own site seems to work better.
Have to +1 though, where this works best if you make stuff that you enjoy making. One of my stock animation on videohive is a little christmas animation, something that i wanted to make anyway. Similarly the rigs i sell on my site, initially started as me going through and really digging into rigging so i understand everything about how it works. So even if the income ends up being minimal, you still gain knowledge and experience.
100%, I don't want to discourage anyone from doing anything. (aside from joining the alt right.)
Thanks for that, super interesting! I've been thinking of making some kind of merchandise for a while, not knowing if it'll pay off is definitely one of the things getting in the way... but doing it for fun is definitely a good attitude.
Interesting read. I've always been curious to see how much people make by taking part in the various tutorial/stock/script sites. Great to see a solid breakdown of it all.
Hey Daniel, I agree that the most important thing is to enjoy the work. And I don’t think this kind of passive income is a good idea if your focus is to get rich.
However I’d point out that putting all the passive income experiments together isn’t quite fair. I could look at some as “good investments” and others as “bad investments”. So if I’m being smart, I should stop putting time into the investments that don’t work.
Another important point is that the majority of my time (over half) has been put into creating KeyFast (my AE script). The income from that script will likely keep coming in for the next year or two, but the $ amount in my post only shows a few days of income.
So while I don’t want anyone walking away with the idea that they can rely on passive income as their main source of income, I also don’t want to discourage anyone from doing it.
Aside from those few details, I think we’re on the same page.
I look at passive income as a hobby or something that I might work on if I’m between projects. It’s a fun opportunity to learn something and make a few bucks for doing it.
This is great to see, and kind of what I was getting at in the other thread about how the creative market is too saturated.
So you roughly made $5k and spent 170 hours.
That comes out to 30/hr in exchange for 21 8 hour work days.
If you just took a modest day rate job at 500/day you would have made roughly $10,600 in the same amount of time.
I'm sure you had fun doing it though so whatever, I'd say the most important thing about your post is the end where you say "only when it overlaps with doing something I enjoy." Thats my thinking with selling prints and stuff.
Thanks for sharing.
This is awesome, been something I've been looking into for a while