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Passive Income: How I make $40,000/year doing nothing (software engineer edition)

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Passive Income: How I make $40,000/year doing nothing (software engineer edition)

Ex-Google Tech lead Patrick Shyu explains passive income, and how he earns additional side-money just by sitting around doing nothing, leveraging his l33t coding skills to develop self-maintaining apps.

There are many other areas for passive income as well like Amazon self-publishing eBooks, Bitcoin mining, or drop-shipping. What are your thoughts on passive income? Let's discuss in the comments below!

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Passive Income As A Developer: HOW? ($2000/Month Or More!)

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► Passive Income As A Developer: HOW? ($2000/Month Or More!) ◄

A lot of developers dream about earning money and increasing their overall income. While there are a lot of alternatives nowadays for complementing your income, passive income is definitely the one that still gets the spotlight.

Passive income could be defined as income resulting from cash flow received on a regular basis, requiring minimal to no effort by the recipient to maintain it.

While there are a lot of different ways to make passive income, as a developer you have some exclusive ways.

Wanna know how to make passive income as a developer?

Watch this video and find out!

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Make $500/Week With an Email List - Developer Side Hustle(Passive Income) #grindreel

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Passive Income For Game Developers - 5 Ways To Make It

Passive income is the ultimate form of income...and as a game developer sometimes its hard to stay afloat while you're working on a long term project. I share 5 tips to generate this income.
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PASSIVE INCOME: DEVELOPER'S WAY FOR AUTOMATED CASH | UnbeatableDeveloper.com

READ FULL LESSON AT:

Tired from selling your work hours for cash?

You're not the only developer who is dreaming about passive income.

It's not hard after all - let's explore how you can earn passive income too.

In this lesson, we will cover:

0:24 HOW TO CREATE PRODUCTS
3:24 HOW TO PARTNER WITH CLIENTS
5:33 HOW TO TEACH
8:19 WHY THINK OUTSIDE THE BOX
10:07 MASTER ACTION
10:55 ADDRESSING FEARS

As Pieter Levels proved by his personal experience, having minimal programming knowledge allows you to build products that generate over $50,000 per month.

Building a product is not that hard and doesn't require much technical skill.

The truly hard part is switching your mindset from a technician to entrepreneur.

Have you ever felt excited about taking a new fancy technology and building something on it?

Yes, me too...

But sadly, fancy technology doesn't bring you money. You need to stop being excited about technology.

Customers don't give a shit about your technical stack.

Don't be like a child who is attracted to shiny balls 124 times a day.

To earn money, you need to ask people what they need and build products for them fast.

Think about:

What are the things that still take too much time to achieve online?
Why does booking an airfare still feels inefficient?
Why is scheduling a time with friends or business meetings is still inefficient?
What else is time-consuming on the web or on your phone? 
Are you embarrassed when your code looks crappy?

You shouldn't, because it doesn't matter. Your customers don't see your code.

You'll be the only one looking at your code in the beginning.

And when your business grows, there will be a team of developers who will refactor your code anyway.

As an Unbeatable Developer Academy student, I advise you to honor your time and only work with ideas that:

can bring uncapped income
doesn't make you location-dependent
doesn't require you to sell your hours for cash
Avoid transactional business ideas (like Groupon), because you will have to deal with thousands of people to actually earn a dime. Dealing with many people will bring you headache. 

Also, avoid ideas that require human intervention, such as screening, 1:1, etc.

Remember: Build products that solve real problems, and people will pay for it. Don't focus on technical stack - it's not important at the beginning.

How To Partner With Clients

Are you still freelancing with an employee mindset? Do you still focus on selling hours?

Stop being a business expense for your client. Help your client make money.

If the client asked you to build something, it means there is monetary value in this. They definitely expect profit from that.

If you don't care about their profit - you're just another business expense. Just another guy they're going to feed.

When I sell hours, I only care about the task I am doing and I just want to finish it as soon as possible, so that I can move on with the next project.
When I honestly care about the end result for my client - the actual profit they will - I get compensated with passive income, because we agree to share the end reward.
As I explained in my How To Price Yourself lesson, you need to:

Ask your client what exactly they expect after they put your work (app/website/product) on action
Set value-baced pricing agreements
When you bring more profit than your client expected, you share the profit
That's how you're seen as an investment instead of just another business expense.

As Dalai Lama explained: being a good human being is its own reward.

Why care only about your task, when you can expand your scope of awareness and bring much more value on the table?

How To Teach

Do you know the secret to becoming a rich developer?

Never hold anything just for yourself.

As a developer, you definitely have some knowledge and skills.

It doesn't matter if you're doing it for 1 month or 10 years - you always have to share something to the world.

There are so many courses about how to code. But almost none about how to actually be a good, productive developer.

And research shows that some developers are 25 times more productive than others. Why?!

Teach developers about:

How to handle physical health and stamina
How to increase mental productivity and awaken inner genius
How to connect job with spiritual mission
How to deal with relationships as a developer
...
Do it, let it all go. Let the energy of Universe flow from you to the whole world.

CONTINUE LEARNING AT:

Making $1,000,000 dollars online as a software engineer

Ex-Google TechLead reveals 5 lessons learned making a million dollars online. Try Dashlane Premium free for 30 days at and use coupon code techlead for 10% off premium.

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💰 How to make EXTRA CASH as a Software Developer - Why Side Projects are Important

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Earn Money PROGRAMMING On the Side - 4 Freelance Software Engineering Tips!

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So I was asked after showing my upwork.com portfolio in my last video how I was so successful on the platform. So in this video I give 4 tips on how to be a successful freelance developer on upwork.com. I was able to pay my way through my last semester in college by freelancing and here I share my story and my insight!

Tip #1 - Start Cheap (3:32)
Be willing to work for cheaper than what you are worth so you can get your foot in the door. This will allow you to get a rating, which will make landing future contracts much easier assuming you were successful.

Tip #2 - Get Your Skills Up! (4:19)
Before you can get started it is important to have at least a little bit of skill in whatever service that you plan on offering. So I recommend that you use books, the internet and other resources to learn what you need to learn. Once you have a basic understanding of your specialty. I recommend that you work on a personal project to further cultivate your skills.

Tip #3 - Make a Good Profile (6:01)
Make sure your profile illustrates accurately the services and skills that you offer and you will increase your chances of landing contracts.

Tip #4 - Personalize Messages (7:32)
Be sure to read thoroughly through the job descriptions before applying. Then customize your message to your new potential client based on their unique needs.

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5 Tips for SIDE INCOME as a Software Developer

Want to earn some side income as a Software Developer? Here are 5 tips to make you earn more!

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how to make $100,000+ as a software engineer...

how to make $100,000+ as a software engineer...Give yourself the best shot at getting the job! Today I'm interviewing my sister, Courtney, a recruiter at a large tech company in New York City, to get you guys the best tips on how to land the job! If you guys enjoyed the video be sure to leave it a like and subscribe to the channel for more!

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How to be Financially Independent as a Software Developer using Passive Income (with John Sonmez)

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JMS297: 7 Ways to Make Money as a Developer

The obvious and not so obvious. Finding a good mix of active and passive income streams. Diversifying your income. And, how to know which of the incomes paths is the best for you.

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MAKE MONEY DOING NOTHING! | Cash Mining | Passive Income!

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Passive Income (The Right Way): How I Make $471,923.17 And More A Year (Mostly Passive)

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Have you ever wondered how much you can make with a single company website online? Tonight I'm going to review the numbers and show you actually how much money I made online with one of my websites.

As you probably know by now, I'm now a multi-millionaire with several online businesses. One of my most successful businesses is Simple Programmer.

I've built Simple Programmer back in 2009 and it's been growing and growing each year.

One of my biggest mistakes starting up, was using someone else's platform, so when I wanted to make money, generate passive income, sell my products I couldn't do so!

There was no way for me to grow on someone's platform, that's why I had to create mine!

So why you should listen to me on how to make passive income in 2019?

Well that's simple last year, 2018, I've been able to make $471,923.71 in gross revenue. With just this company.

That's some very good passive income! and more importantly, it's SMART PASSIVE INCOME!

Meaning I don't need to get involved in the company as much, since it almost run on its own! making passive income automatically!

So the big question is, How to make passive income?

Well in today's video, I'm going to open Pandora's box and show you exactly how I made this ton of money and show you, once and for all, how this can definitely transform your life.

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How Much Money I Make As A Software Engineer | Ask a Dev with Dylan Israel

How Much Money I Make As A Software Engineer | Ask a Dev with Dylan Israel
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How Do I Come Up With A Profitable Side Project Idea?

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I was a regular guy in 10K debt working 60+ hours a week trying to build a web agency. I had been doing this for 10 years and had lost all my creativity, my ambition, and pretty much my life direction. But I had heaps of energy and I am incredibly self-disciplined. I stumbled upon dropshipping in Jan 2017 and now run stores well into the 6 figures per month. This channel is about helping others (maybe with no direction but a lot of ambition) find fulfillment by running successful Ecommerce (mainly dropshipping) stores.
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How to Make Money as a Programmer in 2018

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Soft Skills: From Mediocre To Million Dollar Developer 💲

Soft Skills: From Mediocre To Million Dollar Developer 💲

Let me tell you a story about how soft skills transformed my career as a programmer and how it can do it for you too.

Once I started out as a programmer, I was making good money, not gonna lie. But I wasn't making the money I WANTED to as a software developer.

Things started changing when I started improving my soft skills. Skills like communication, marketing, sales, writing, etc. I started getting job offers LIKE CRAZY and I ended up making $1M as a software developer a few years after.

These are the soft skills you should be improving if you want to make REAL MONEY as a programmer:

05:11 Writing
05:45 Talking
06:59 Marketing & Sales

So... Wanna know how improving your soft skills can have a HUGE impact on your programmer career? Watch this video and find out!

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