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Being a developer is like having superpower nowadays.
In this thread let's go over the different options to make passive income online with developer skills:
In this thread let's go over the different options to make passive income online with developer skills:
1. Educational Course
University education is becoming less popular because of the amout of online courses that are available now.
A course by an expert in the field is a better option among learners instead of an expensive degree by an University.
University education is becoming less popular because of the amout of online courses that are available now.
A course by an expert in the field is a better option among learners instead of an expensive degree by an University.
The result is that there are huge opportunities for creating paid educational content.
You can host your courses on platforms like Udemy or on your own website if you want control over your customers and their emails.
You can host your courses on platforms like Udemy or on your own website if you want control over your customers and their emails.
2. Create A Blog
Creating a blog is another way to earn passive income online. There are many areas in computer science which you can base your content on.
You need to consistently create articles over a long period of time for you to generate ad revenue through your blog.
Creating a blog is another way to earn passive income online. There are many areas in computer science which you can base your content on.
You need to consistently create articles over a long period of time for you to generate ad revenue through your blog.
If you want to generate income quickly, you can go for affiliate marketing where you promote others' products through your articles.
Platforms like Gumroad are making affiliate marketing very simple for both content creators and promoters.
Platforms like Gumroad are making affiliate marketing very simple for both content creators and promoters.
3. Create An E-Book
As software developer we gain vast amount of knowledge over the years. Creating an e-book is a great way to pass on the knowledge to beginners.
Good thing about creating an e-book is it takes minimal effort and research time to get your final product.
As software developer we gain vast amount of knowledge over the years. Creating an e-book is a great way to pass on the knowledge to beginners.
Good thing about creating an e-book is it takes minimal effort and research time to get your final product.
Again Gumroad is a popular platform for hosting e-books these days.
Creators like @dvassallo are making a fortune by selling their courses here. Daniel has made around 200k $ from 2 of his courses from last 1 year:
1. https://gumroad.com/a/238777459/PBkrO
2. https://gumroad.com/a/238777459/MsVlG
Creators like @dvassallo are making a fortune by selling their courses here. Daniel has made around 200k $ from 2 of his courses from last 1 year:
1. https://gumroad.com/a/238777459/PBkrO
2. https://gumroad.com/a/238777459/MsVlG
4. Freelancing
This is the most sought after option among beginners for earning passive income.
Freelancing is a great way to quickly start generating income by trading your time and knowledge.
This is the most sought after option among beginners for earning passive income.
Freelancing is a great way to quickly start generating income by trading your time and knowledge.
Freelancing is very rewarding and can even replace your salary.
But it is not scalable beyond that unless you consider starting an agency and hire developers to work for you.
Here's a blog I had written on freelancing for beginners:
https://link.medium.com/r1HRoOGRiab
But it is not scalable beyond that unless you consider starting an agency and hire developers to work for you.
Here's a blog I had written on freelancing for beginners:
https://link.medium.com/r1HRoOGRiab
5. Shopify App
With the immense growth of Shopify, building apps for the platform has become a very profitable business.
Shopify is popular among merchants who are looking for plugins to improve their customer experience and revenue for their business.
With the immense growth of Shopify, building apps for the platform has become a very profitable business.
Shopify is popular among merchants who are looking for plugins to improve their customer experience and revenue for their business.
You can build these plugins by picking one of the niche categories and building plugins in them.
With the right plugin, you can generate good income from Shopify apps
With the right plugin, you can generate good income from Shopify apps
6. Building Micro SaaS
Bootstrapping products has become very popular among entrepreneurs who want to solve a problem and want to stay small.
Generally micro SaaS companies have few people taking care of the entire product.
Bootstrapping products has become very popular among entrepreneurs who want to solve a problem and want to stay small.
Generally micro SaaS companies have few people taking care of the entire product.
By solving a niche problem you can generate tens of thousands of dollars which is enough to work on it full-time.
NomadList by @levelsio is a good example and is generating around 60k+ $ every month.
There are many products like this which are managed by solo developers.
NomadList by @levelsio is a good example and is generating around 60k+ $ every month.
There are many products like this which are managed by solo developers.
7. Become Online Instructor
With increasing number of people wanting to pursue software development, the demand for online instructors has increased recently.
Platforms like Codementor can match you with people who want to get tutored and help you make full-time income.
With increasing number of people wanting to pursue software development, the demand for online instructors has increased recently.
Platforms like Codementor can match you with people who want to get tutored and help you make full-time income.
There are many other ways to generate income online. But these are the popular ones.
I hope this thread has inspired you to start working on your side hustle.
I hope this thread has inspired you to start working on your side hustle.
