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🗂️ Your Code Can Make You Money while you Sleep
Developer's guide to building passive income streams
Motivational Quote 💬
“The best time to plant a tree was twenty years ago. The second best is now.”
Meme 🥶
Core Lesson 🔝
Overview 👀
You know how to code, many people don’t know how to = you can use this advantage to make money.
Great. But what if you could put those skills to work earning money while you sleep?
Even better.
This little guide will show you how to transform your coding expertise into revenue streams that don’t require your attention.
Problem breakdown 😥
Developers trade their time for a 9/5 while their skills could bring them profit 24/7.
Here’s why developers can be the best creators of digital products:
You can automate and scale solutions
You understand how to build digital products
You have specialized technical knowledge others need
(If you’re missing any of the points, I wrote in depth articles about them, just click on the link)
How❓
There are 4 main kinds of products you can sell:
“Digital products”
(I don’t know how to differentiate these from others 😓)
You start by identifying your expertise in the niche and then you…
Code templates
Write ebooks for a niche
Create a course around a topic
Create plugins for popular platforms
API Services Creation
Identify common developers pain points and…2
Design clear, well-documented APIs
Implement robust security measures
Set up usage-based pricing
Deploy and maintain the service
Content creation
You have 2 options here:
You curate content - you don’t know too much about the stuff you want to talk about, you research and you curate content about the topic.
You teach - you have lots of expertise and you share that knowledge with others.
Then you choose your format. It can be:
Tweets
Blog posts
Long videos
Short-form videos
Live streams of you coding
…Pretty much anything that you like creating and sharing
Develop a SaaS Product
While more complex (and requires more investments) than the other options, if done properly, SaaS can bring a lot of recurring revenue.
It takes more time to create a software, you would need to:
Find the idea that can work
Valide the idea
Build an MVP to test with early adopters
Improve based on feedback and gradually add features
Implement a pricing model
Stop coding and focus on customer acquisition
Don’t worry, I’m going to write about these steps in detail in the future.
Pro Tip 💡
I have 3 tips that come from the bottom of my hearth:
Don't try to build everything at once. Start with ONE income stream and make it work before adding others. The key is to validate quickly and fail fast if something isn't working.
Stay persistent, take your first step and don’t stop
Start by solving real problems, focus on creating genuine value for users
Tools & Resources 🛠️
For digital products: Gumroad
For courses Podia
For templates distribution: GitHub
For API payment processing: Stripe
For Twitter content creation: Tweethunter
For SaaS development: Up to you to choose your favorite tech stack
Key takeaways 🔑
- Start by solving real problems you understand
- Test ideas with minimal investment first
- Automate everything you can
- Diversify income streams gradually
- Expect significant initial time investment
- "Passive" requires active maintenance
- Markets change - stay updated
- Persistence beats perfection
Aaaannd, that was it :)
Thank you for reading this far, it really means a lot to me and I hope this has helped you in any way
Got questions? Hit reply - I read every email.
Happy coding,
Leo