7 Sources of Passive Income for Coders
These are the types of passive income: Affiliate earnings Advertising earnings eBooks Online courses SaaS Index funds and exchange-traded funds (ETFs) Real estate
Investment
Top 5 Python Freelancer Jobs to Earn $51 per Hour on Upwork or Fiverr
Python freelancers earn $51 per hour on average. But how do they do it? In the following video I show you the top five trending gigs for Python freelancers: In summary, these are the most trending jobs how Python freelancers earn money in 2020: Create educational content:. You can write blog articles for blog owners, … Read more
3 Passive Income Ideas on Upwork or Fiverr
The following three ideas can lead to passive income using Upwork or Fiverr: Hire experts in their niches on Upwork or Fiverr to create online courses and sell them on Udemy Hire experts in their niches on Upwork or Fiverr to create ebooks and sell them on Amazon Hire freelance developers on Upwork or Fiverr … Read more
What’s the Hourly Rate of a Python Freelancer?
$56/hour How much can you expect to earn as a Python freelancer? The average Python developer worldwide earns $56 per hour (fluctuations between $51 and $61). This statistic is based on five credible online sources including the US government. In the US, the average Python developer earns $60 per hour or more. Based on a conservative … Read more
[Summary] Independent Work: Choice, Necessity, and the Gig Economy
McKinsey Authors: James Manyika | San FranciscoSusan Lund | WashingtonJacques Bughin | BrusselsKelsey Robinson | San FranciscoJan Mischke | ZurichDeepa Mahajan | San Francisco Anyone who has ever felt trapped in a cubicle, annoyed by a micromanaging boss, or fed up with office politics has probably dreamed of leaving it all behind and going it … Read more
Upwork vs Fiverr: What Every Developer Ought to Know
The landscape of work undergoes a major disruption. More and more work is delivered online. And who are the biggest winners? The stakeholders of the top freelancing platforms: Upwork and Fiverr: Stockholder who own Upwork and Fiverr, Employees working for Upwork and Fiverr, Freelancers offering their services on Upwork and Fiverr, and Business owners who … Read more
This One Tool Controls 90% of Your Investment Success
Do you want to build wealth? Asset allocation is the process of dividing your portfolio into stocks, bonds, and cash. A famous 1990 study by Kaplan and Ibbotson proves that asset allocation is the most important investment decision for your investment success—far more important than selecting individual securities within the broader asset classes stocks, bonds, … Read more
How Not to Waste Time and Money? (And Crush it in Business)
Today, I got the following message from one of my freelancer webinar course members: “I am in the same situation as you were. I am in a PhD program and have a family. I would love to get started with freelance programming. You have to understand what you offer [The Python Freelancer Course] is very … Read more
How to Get Passive Income as a Programmer with Blogging?
In my Python freelancer course, I get a lot of ambitious programmers who want to earn money online. Many of them ask the question of how on earth they can generate passive income as a programmer. Well, the answer is obvious to me—but many upcoming freelancers are surprised by this opportunity. Today I want to … Read more
How to Get Traffic for Your Online Coding Business Without Spending a Lot of Time?
If you create an online coding business, you’ll need traffic like blood through your veins. Traffic gives you what Donald Trump calls “Deal Flow”—the ability to continuously improve your conversion and create new opportunities. However, creating organic traffic is a long-term strategy that does not only take a lot of time until your blog gains … Read more
1.1 Million USD — How Much You Are Worth as an Average Python Coder?
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 … Read more
How to Prepare for the Next Crash?
First of all, I have no clue when the next market crash will come. Neither is it important to know the exact date. Having said this, there are many clues that the next market correction may come soon. The FED may expect it as indicated by the flattening yield curve of US government bonds. Yet, … Read more