Have you ever calculated your market value as a Python developer?
When estimating the value of a company, analysts often use multiples of its yearly earnings. Let’s take this approach to come up with a rough estimate of how much your Python skills are worth.
Say, we are taking a low multiple of 10x of your (potential) yearly earning of a Python freelancer.
As an AVERAGE Python freelancer, you’ll earn about $60 per hour (see this blog article).
So the market value of being an average Python coder is:
Yearly Earnings: $60 / hour x 40 hours/week x 46 weeks/year = $110,000 / year
Market Value: Yearly Earnings x 10 = $1.1 Million
Python is a Million-Dollar Skill (even for an average coder)!
And the value of a top 5% coder can easily be 10x or 100x of the average coder:
A great lathe operator commands several times the wage of an average lathe operator, but a great writer of software code is worth 10,000 times the price of an average software writer.
Bill Gates
So if you want to thrive with your own coding business, you need to think strategically.
Being cheap literally costs you hundreds of thousands of dollars. You simply cannot invest too much time, energy, and even money in the right learning material.
Ultimately, there’s one investment that supersedes all others: Invest in yourself. Nobody can take away what you’ve got in yourself, and everybody has potential they haven’t used yet.”
Warren Buffet
Do you want to know how to go from beginner to average Python freelancer — and even move beyond average?
Then join my Python freelancer program. It’s the world’s most in-depth Python freelancer program — distilling thousands of hours of real-market experience of professional Python freelancers in various industries.
I literally guarantee that you will earn your first dollars on a freelancer platform within weeks — otherwise, you’ll get your money back.
But one warning: the Python freelancer program is only for those who commit now to invest 1-2 hours every day into their new coding business online. It’s not for the weak players who would rather watch 3.5 hours of Netflix in the evening.
If you fully commit, joining this new venture will be one of the most profitable investments in your life.
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(It won’t get easier than with this program.)
While working as a researcher in distributed systems, Dr. Christian Mayer found his love for teaching computer science students.
To help students reach higher levels of Python success, he founded the programming education website Finxter.com that has taught exponential skills to millions of coders worldwide. He’s the author of the best-selling programming books Python One-Liners (NoStarch 2020), The Art of Clean Code (NoStarch 2022), and The Book of Dash (NoStarch 2022). Chris also coauthored the Coffee Break Python series of self-published books. He’s a computer science enthusiast, freelancer, and owner of one of the top 10 largest Python blogs worldwide.
His passions are writing, reading, and coding. But his greatest passion is to serve aspiring coders through Finxter and help them to boost their skills. You can join his free email academy here.