One of the most common questions I receive from other developers is “How do you make passive income as a developer?”. In order to make passive income as a developer, you need to create something that people want. Sometimes it can be hard to think of this first. I’m making this post to help other developers who are having a hard time to make money as a developer. I know it’s not easy.
6 Ways To Make Passive Income As A Developer
For developers, passive income can be achieved in a variety of ways. Let’s take a look at six different methods you could use to earn extra cash by building products and selling them online.
Freelancing is nothing but doing jobs based on your skills. It means you work for yourself independently. You work for the clients and get paid for your work directly. Freelancers are self-employed. They are independent contractors who work for themselves. They even work for companies but as a contractor. Check my Post here to Know What is Freelancing? How to start Freelancing?
2. Youtube Channel
Many Video creators are making thousands of Dollars by creating and uploading videos on Youtube. But Videos that are Uploaded should be your Content.
In Starting days of my developer career, I used to watch tutorials on Youtube. I followed Hitesh Choudhary, Coding in Flow, and many other channels. So Creating a Youtube Channel can help other developers and also help you to Earn Money.
Now What You are reading on my Website is called Blog Post. To Create a Blog Like me, First, you have to choose a niche and Start a Blog. Write articles on the topics that are trending. Place Ads in your Content. Whenever your blog starts getting the traffic you start Making Money through your articles. Follow SEO and get more traffic to the blog. As your traffic grows, your earnings also improve.
4. Create E-Book
Writing your own eBook is one of the best ways to make money and earn passive income. Writing an eBook enables you to be seen as an expert in your field. And then there are different places where you can sell your eBook like selling through your blog/website, Amazon’s Kindle Direct Publishing (KDP) platform.
5. Make a Paid Course
You can also earn money by selling your courses on Websites like Udemy, Coursera, Edx, and many others. If you have strong communication skills, you can create and sell courses to make money. This is one of the simplest and best ways to Make Passive Income.
6. Create and Build a Social Media Page
Social Media is also a good platform to Make Passive Income. Many of us spend most of our time on Social Media. Instead of wasting time by posting Scrap there, share your Knowledge. Share Informational posts, How to, and Guides to gain knowledge that helps others. Later on, Advertisers will approach you and pay an amount for advertising their products on your Social Media Pages. So if you have a good following, you can start earning through Social Media.
While there are many methods you can use to make passive income as a developer, the ones we mentioned above are our favorites. If you have any questions or would like more information, please contact me right away to learn more about how to make money as a developer.