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Want to know how to earn a side income as a web developer? Then this article is for you. Here you will learn what are the best ways to earn well.
Well, passive income is one of the strongest sources of income a person can have. First of all, in order to generate passive income, you will need to do some upfront work to set up the passive income streams, but unlike your 9 to 5 job, you don’t really need to be actively working every second. for income.
Passive income is something everyone wants to have. Who doesn’t like more money, huh..!!?😂
In the world of web development, there are some great sources and ways that can help you earn passive income on top of your regular job. So we’ve listed some of the best ways to generate passive income that you can try.
1. Develop and sell a SAAS
Then we have the first on the list is the development and sale of SAAS. Now, what is SAAS? Well it means software as a service, some famous examples of SAAS are: Microsoft Office (Excel, Word), AWS, Dropbox, etc. Although developing a SAAS is not an easy thing at all, you will need tons of research and development to be put in place to even have a profitable SAAS, but if you are able to deliver a product to the world, you can earn an impressive passive income.
Here’s a basic overview of creating a SAAS: software is created > website/storefront is created > user buys/uses the SAAS from the website > SAAS owner gets paid. You really only need to create the SAAS and the website, after which the sales are pretty passive, but time needs to be spent managing and updating the SAAS.
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You can use it for all kinds of web applications such as e-commerce, education, fitness, etc.
2. Mobile App/Game Development
This next one is a very popular option for many people. Mobile app/game development is a growing industry. Similar to a SAAS, you will have to work to develop the app/game, but all income is essentially passive.
Some of these passive income ideas from an app or game could be mobile ads, game sales, game/app sales, etc. There are endless possibilities in this industry, if you have knowledge in game/mobile app development you can make some very powerful passive income streams.
3. Create a video course (Become a coach)
Well, video tutorials are always in demand if you are good at explaining things in detail, this option is worth trying. Now, at this point, there are actually more positions for skilled programmers than there are people to fill those positions. With that in mind, it’s easy to conclude that programming is in huge demand right now and will be for years to come. With so much demand, not only can you make money from programming, but you can also make money teaching programming.
There are literally hundreds of thousands of people around the world who want to learn what you already know. And if you’re a talented teacher, this could be a great side income for you. You can literally teach programming to anyone in the world. It’s a HUGE market.
Platforms like Udemy make it easy to create your courses and make money from them. All you have to do is create a high-quality course. They will take care of the marketing and everything else.
4. Creation of articles / courses
It’s one of the best ways to earn a side income as a web developer right now. You can spend time developing an article, publish it and forget about it, then the article will continue to generate income forever (as long as it is seen/read) without spending much more time on it.
Courses are another great way to develop income, I would definitely say that a course takes more effort to develop, but I’ve heard that courses are also very lucrative. Of all the secondary income sources, this is probably the best way.
You can start as a writer on platforms like Hackernoon, medium, dev.to, etc. Building an audience will eventually help you.
5. Web Hosting
Then we have web hosting, it’s a bit different from website development. Web hosting is basically storing a website on a server, so the website can be accessed anywhere online, these websites will rent you server space. Some very popular web hosting websites are Hostgator, Siteground and Bluehost, you would basically be creating your own web hosting service.
6. Buy a profitable website
This is one of the best ways to have a side income. It is more of an investment that can generate secondary income. You need to choose a website that allows you to sell and buy websites/apps, you will also be able to get website revenue reports.
Let’s say you don’t want to develop an app right now, well you could just buy an existing app and take advantage of that specific investment. This one doesn’t really require huge programming knowledge, but if you are planning to update the websites/apps, it could totally help you by understanding the programming languages around these products.
7. Find bugs
It’s a well-known fact in the world of web development that software failures are a real problem for business economics. They affect their overall revenue and the experience of their users. And in today’s world, every company knows that their product must be reliable to be considered acceptable.
It’s my so many companies out there have created what are called bounty programs. These initiatives focus on paying developers to find and fix vulnerabilities in their applications.
You can go to one of the following sites:
And check with your eyes the real possibilities of earning money with these programs. Some vulnerability patches are actually paid for over $2000.
So why not make a name for yourself as the company’s new Mr. Wolf bugs while earning big bucks?
So what is the solution? Where do you start to see your coding skills earning you big bucks at the end of the month? Which one to choose from those listed above?
The answer is all.
Yes. All..!! You may have read many books on personal finance, and they all agree on one thing: you need to diversify your sources of income. Having multiple sources of income is always a good choice.
So that’s what we suggest. You don’t have to choose more than one path at a time. You can start with one method and then expand to work with other cash flow ideas.
For example, start writing on platforms like Hackernoon. Find out what good writing is and what developers want to read. Build your writing portfolio. Use it to promote yourself to tech companies to write paid content for them.
Try to build your authority with the content you write or create, then use it to become a coach on a platform like Codementor. If you have a lot of people following your teachings, you can start thinking about creating your first eBook or video course.
Let us know what your favorite side income ideas are!
Also posted on https://dev.to/theme_selection/how-to-make-passive-income-as-a-web-developer-in-2021-5gjl