I quit my job. I'm now unemployed. It feels great to finally be able to write this blog post. I remember daydreaming about making an aggregation site for flash games back when I was 10 years old. Teaching myself rudimentary HTML and CSS, I managed to build a page with tables and iframes. It wouldn't be until I went to university that I started shipping my side projects. It's been a long time in the making. Of all the side projects I've done over the years, most failed, with only two standing the test of time.
| Project | Why it failed |
|---|---|
| Flash games aggregation site | ❌ Lack of tech skills |
| Line number remover | ❌ Search volume too low |
| winkels.in | ❌ Search volume too low (Dutch only) |
| gazelle-kopen.nl | ❌ Search volume too low (Dutch only) |
| iplocation.tools | ❌ Couldn't get it to rank in Google |
| Road cycling analytics webapp | ❌ Drowned in technical debt |
| Pascal number visualizer | ❌ Passion project, no growth potential |
| stars.ruurtjan.com | ❌ Passion project, no growth potential |
| Avro file format parser | ❌ Learning project |
| Tech talk aggregation site | ❌ Hard to get high-quality data |
| Pastebin for Markdown files | ❌ Hosting anonymous user-generated content is a legal minefield |
| Doing Project Euler exercises | ❌ Learning project |
| Mobile game that divides the earth in hexagons | ❌ Couldn't figure out the math |
| Automatic audio transcription | ❌ Couldn't find a better angle than the competition |
| Linear algebra implementation in Scala | ❌ Learning project |
| WhoIsMyISP.org | ✅ Started 8 years ago, profitable and growing |
| NsLookup.io | ✅ Started 2 years ago, profitable and growing |
Only two projects ended up becoming profitable. The first one, whoismyisp.org, was a bit of a lucky shot. I didn't do any research before starting, and it was only a single page when it launched. It took years before making even a small profit. Since then, it has grown slowly over the past 8 years, and now has partnerships with NordVPN and ipinfo.io.
Nslookup.io was more deliberate, with basic SEO research, financial and time investment upfront. It is a site where you can do DNS lookup online. If you're interested, I'll write a follow-up blog on how to pick the right side project some time next month.
What about money?
Quitting my job obviously means missing out on the largest part of my income. The opportunity cost is massive. I sat down with my wife to discuss if we want to make this investment, and how we'll sustain our family in the meantime.
I'm lucky to work in an industry where the demand for workers is growing faster than the supply, so I'm confident I could get a freelance gig (or a job) within a month if things don't work out. That means that the risk of this endeavor is capped at my missed income.
We were able to save up during the past for 6.5 years of working a tech job. Not owning a car and living below our means definitely made a difference here! My wife still works part-time, so we'll be able to survive for more than a year if I don't take any earnings from my newly formed business. I'm optimistic that it should be possible to grow to €4000 ($4600) revenue with €3000 ($3450) pre-tax profit within 12 months. That's the goal I'm setting for myself, and is enough to do justify doing this long-term.
So here we are. Two active projects, a laptop, and a year worth of runway.
The master plan
Do I have a plan? Of course! Well, actually three. Each with a different amount of uncertainty and payoff. I'm not pinning myself down to a fixed plan. Instead, I'll work on multiple things simultaneously, and double down on what works.
Plan A
Stage 1: Grow SEO and add more landing pages.
Stage 2: Passive income through ad network (BuySellAds or Ethical Ads).
Stage 3: Partner with CDN or hosting provider.
This is what I've been doing so far. Build free web tools, get them to rank in Google, and sell ads through an ad network. This has a high level of certainty. Spend more time on SEO will almost definitely result in more traffic. So does adding more landing pages. Growth in traffic means growth in ad revenue. The payoff isn't very high, though. I'm currently getting a bit under $400 in monthly ad revenue from NsLookup.io. Growing to 3-4x traffic should be possible, but won't get me to my goal yet. Finding a CND or hosting provider that's interested in buying these ads would get the pay up, but that would still barely be enough to hit my target.
Plan B
Stage 1: Grow SEO and add more landing pages.
Stage 2: Sell an API to visitors.
Plan B is to sell an HTTP API with DNS data on a monthly subscription. It has a bigger potential payoff, but also more uncertainty. There's a bigger upfront time investment to build the API and a developers portal, track usage, set up metered billing, and write documentation. I also don't have a clear picture of the use cases of this yet. Nor do I know if I can make something that's better than existing DNS APIs.
The good news is that I have already set up a very minimal API, a wait list, and two paying customers. There's still a lot of work to do to automate everything, and to position it well.
Plan C
Stage 1: Make a one-off DNS dataset, give it away to founders, and find out how they'd use it and what they need.
Stage 2: Sell an updating dataset through nslookup.io and the Snowflake Marketplace.
Stage 3: Hire sales representative to do enterprise sales.
Enterprise sales are much more involved than selling to SMB's. On the other hand, it's about as difficult to get a one-off $250 payment approved, as it is to get a $250 subscription approved. So the potential for low maintenance recurring revenue is there. I have no experience selling to large companies, so if this proves feasible, I'd like to hire a sales representative. That's not something I'd be comfortable with before I've sold quite a few subscriptions. So I'm not confident that this plan will work out, but I want to give it a shot nonetheless.
Here and now
It's good to have a dot on the horizon, but what am I going to do this month and the next? I'll mainly focus on plan A. Grow NsLookup.io by improving the site, adding more tools, and investing in SEO. I'll also explore plan B by expanding the API, and talking to users. Plan C will get the least attention for now, but I'd like to talk to at least a couple of potential users.
Want to see how this unfolds? I'll share my progress on Twitter. See you there!
Latest comments (70)
Can you give me an advice - I am thinking about what to do with my blog dariuscoder.com . I havent written programming post for more than 3 years. There is no traffic, even on google cant find my site. I wanted to see how it goes and if I can make at least minimal passive income. I am not forcing myself to write, I wrote when I felt like I had somehitng to say. Then tried to add some those fun posts with youtube links but probably those are very boring for people , youtube algo offers what to watch already well enough and people do not need to see what I like. Hmm or maybe some who like my programming posts could be interested what I like besides that.
But now since it is not earning - i need to make decision - should I pay another about 40 eur for next 2 years. Not a big money but kind of waste when I do not write the content. And this site is not working even as representating my knowledge, it does not look cool and I do not show it to potential employers. Maybe should clean up and show to potential employers? On the otherh hand if not earning money and spending only, maybe dev.to would serve this purpose better. But then no potential at all to earn from ads. Only potential if I write some professianl content and maybe some employers would see me and that convert to job oportunities.
Like why do you keep sites which are you not coverting thier cost for long time and no potential to grow?
Thanks for this post!
two years ago drop my job to became a freelancer and have more space to do my projects.
But right now I work on a big project (it the same of an employee but I'm freelancer) but i don't have enough time to do my projects like when I was employee! 😂
This post help me to find out a formula for me! 😁
I envy you! (In a good way…)
You got 17 ideas to explore (plus the ones you decided not to mention); I’ve been in the business for over 20 years and I haven’t gotten even one idea ever, even less a viable one, only making other’s idea grow. 😓
No need to come up with ideas! You can just be mindful of whatever you're using at any point in time. If you think you can do the same thing better, just take that concept and improve on it. The great thing about this approach is that you know there is demand for it, and you know at least one use case for it :)
I get those ideas a lot, haver written ton of them. But not making because I am afraid to lose time and not gain money . Like you did for many projects.
Great article! One thing I noticed, you never stop trying and that’s a very good thing 👍 I wish you success. You gave me courage to move on with projects whenever it is a success or not, we get experiences through all of these.
💯
I too have been cautious to take the leap. Great information
Good luck. I remember when i quite my job (outside IT) to work freelance un IT. Good decission at this Time.
Wow, it was really interesting !
Inspirational story.😊
I do make projects for fun but never thought of launching them live on internet.
but i think now is the time.
This is great! I am relatively new to being a software engineer. But I feel like we are very similar.
Me and my family have spent the last ~20 years living below our means, paying off and staying out of debt and creating a bit of passive income. Just recently dropped everything and made the move to Costa Rica.
I would love to hear more about your story.
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