8 great ways to create passive income from your coding skills!
These are good opportunities to start a side hustle since they require almost no initial investments.

Start hustling 🧵👇
1️⃣ Write articles on Medium

Teach others your wisdom through technical articles on Medium.
You can choose to put the most popular ones behind a paywall.

Good writers can generate up to $6000/month in passive income.
2️⃣ Create themes

CMS-Systems like WordPress, Joomla, and Drupal are still widely used.
Create themes and sell them on Envato Market.

Some top-sellers make a substantial amount of money on this 👇 https://themeforest.net 
3️⃣ Create WordPress plugins

If you're a little more technically oriented, you may consider writing WordPress plugins.

Again, Envato Market has a great platform for this 👇 https://codecanyon.net 
4️⃣ Create a YouTube channel

Create a YouTube channel where you teach people to code.
As soon as you reach 1000 subscribers and 4000 watch hours, you are eligible to put YouTube Ads on your videos.

Some people make a SERIOUS amount of money off of YouTube.
5️⃣ Create a SaaS product

You can discover a need in the market and create your own solution, then sell it as a Software-as-a-Service.

Product Hunt is a great place to promote your new startup 👇 https://www.producthunt.com 
6️⃣ Create eBooks and courses

You can create eBooks and courses and sell them on platforms like Gumroad.
There are developers that earn an INSANE amount of money solely from selling courses on Gumroad.
7️⃣ Create Open-Source projects

If you create a project that people really love, you will be surprised by how many that are willing to support you through services like Patreon.

In fact, the creator of Vue.js worked full-time in the first year only on Patreon contributions.
8️⃣ Create a consulting business

Set up a business and take on projects that require developing software.
Leverage your network to find developers that are willing to do the job cheaper, then outsource the work.

The difference will be your profit.
You can follow @SimonHoiberg.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: