6 Different Ways I Make Money as a Software Developer - You Can Tooβ:
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Being a Software Developer is like a super power. The skill provides abundant opportunities to make money on the internet. You can literally change your life with this one skill.
Although most of us learn how to code & build software as part of academia and then work in big MNCs, we still don't know the endless possibilities the skill offers.
In this thread I'll share the 6 different ways I make money from and how can do it too.
In this thread I'll share the 6 different ways I make money from and how can do it too.
1. Professional Developer:
This is the obvious choice everyone knows about. Software Developer is a lucrative job and you can make a lot of money if you stick with this for a long time. Software industry is surging & right now there's a huge demand for good software developers.
This is the obvious choice everyone knows about. Software Developer is a lucrative job and you can make a lot of money if you stick with this for a long time. Software industry is surging & right now there's a huge demand for good software developers.
I'm currently working as a Team Lead myself in Startup in India and getting paid a very good salary. But I do not want to continue working for someone else forever. I want to build a business of my own and retire early.
2. Freelancing:
Getting started with freelancing is not easy. Everyone knows that. You know that some people are making hell lot of money through freelancing, charging thousand dollars to multiple clients building websites every month.
Getting started with freelancing is not easy. Everyone knows that. You know that some people are making hell lot of money through freelancing, charging thousand dollars to multiple clients building websites every month.
There are many platforms where you can start your freelancing journey:
- Toptal
- Freelancing .com
- Upwork
- Codementor
- Hubstaff Talent
- Fiverr etc
I have been making good money on the side from freelancing. I'm mainly active on Codementor & trying to get into Toptal now.
- Toptal
- Freelancing .com
- Upwork
- Codementor
- Hubstaff Talent
- Fiverr etc
I have been making good money on the side from freelancing. I'm mainly active on Codementor & trying to get into Toptal now.
Freelancing is one of the low hanging fruits to quit your 9-5 and start building your own business.
If you're struggling to get started with freelancing, here are two great courses that I highly recommend:
1. gumroad.com
2. gumroad.com
If you're struggling to get started with freelancing, here are two great courses that I highly recommend:
1. gumroad.com
2. gumroad.com
3. Affiliate Marketing:
Affiliate Marketing is one of the easiest ways to make money on the internet. But without an audience or a social media following it can be difficult.
Companies like Gumroad are really revolutionising the creator economy with more and more people...
Affiliate Marketing is one of the easiest ways to make money on the internet. But without an audience or a social media following it can be difficult.
Companies like Gumroad are really revolutionising the creator economy with more and more people...
...creating info products every single day.
You can find these creators on social media channels like Twitter, Instagram etc. You can DM them and ask them if they're open to add you as an affiliate for their products.
But It's not as simple as it sounds!
You can find these creators on social media channels like Twitter, Instagram etc. You can DM them and ask them if they're open to add you as an affiliate for their products.
But It's not as simple as it sounds!
There are challenges with this business, just like with any other.
To sell products to more people you need to have a good online presence, basically a list of people who follow you, trust you and want to buy products from you.
To sell products to more people you need to have a good online presence, basically a list of people who follow you, trust you and want to buy products from you.
I have made around 2.8k USD on Gumroad from the past 11 months, mainly promoting others' products on Twitter.
Right now I'm trying to scale this income by applying new strategies. Let's see where it takes me in the next couple of months.
Right now I'm trying to scale this income by applying new strategies. Let's see where it takes me in the next couple of months.
If you want to learn how to build an online audience on Twitter here's the best course that I have come across so far.
The course has helpmed me grow my account from 150 -> 21k followers within 11 months:
gumroad.com
The course has helpmed me grow my account from 150 -> 21k followers within 11 months:
gumroad.com
4. Blogging:
Blogging is another great way to make money on the internet. Many people think that blogs are dead and nobody reads articles anymore in a world where YouTube is famous. But that's not the case at all.
Blogging is another great way to make money on the internet. Many people think that blogs are dead and nobody reads articles anymore in a world where YouTube is famous. But that's not the case at all.
There are many ways to make money through blogging.
- Medium partner program
- Freelance writer
- Affiliate marketing
- Paid articles etc
- Medium partner program
- Freelance writer
- Affiliate marketing
- Paid articles etc
I've started writing articles on Medium and have made very little money so far. But this is still the beginning & I'm happy with the way things are going.
Here are my earning for the last 3 months:
Here are my earning for the last 3 months:
5. Info Products:
As mentioned earlier the creator economy is booming and more people are creating info products and making a living out it, every single day.
Basically you create info products like ebooks which can be as small as 10 pages or a video course etc.
As mentioned earlier the creator economy is booming and more people are creating info products and making a living out it, every single day.
Basically you create info products like ebooks which can be as small as 10 pages or a video course etc.
Pick any niche you know something about and create an info product in that. You don't need to be an expert in the area to do this.
You can research on the things you're not clear about. People are willing to pay for anything which they can learn from or solves their problems.
You can research on the things you're not clear about. People are willing to pay for anything which they can learn from or solves their problems.
6. Bootstrapping a SaaS Product:
Bootstrapping SaaS products is another popular way to make money on the internet. Basically the idea here is to build a small product which solves a niche problem and sell it to users
Bootstrapping SaaS products is another popular way to make money on the internet. Basically the idea here is to build a small product which solves a niche problem and sell it to users
Bootstrapping a business is typically not easy (at least for me it wasn't!). You need to find a niche problem, validate the idea, see if people are willing to pay for such a product, build an MVP and finally market it and make money.
We're working on an e-book to teach people how to get started with building a SaaS business.
If you're interested you can pre-order it here. The book will be released on 22-06-2021: gumroad.com
If you're interested you can pre-order it here. The book will be released on 22-06-2021: gumroad.com
If you like this thread please like & retweet the first tweet so that it reaches more people & more people can benefit from it :)
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