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22/10/ ByJohn SonmezOctober 22, How to Make Passive Income as a Programmer.Today I'm going to talk about getting some passive income as a programmer.I happen to be an expert in this because that's what I did is I built a lot of passive income as a programmer.#passiveincomeasadeveloper #passiveincomeideas #ted Reading Time: 50 secs.21/12/ Just pick a book, a topic, 10, 20, words pump it out, write it out, sell it for 99 cents or $ and you keep on doing that and in 12 months you'll have 12 books.If you did one a month I guarantee you'll generate some passive income, probably a couple of grand a month at the end of a year, maybe even ted Reading Time: 7 mins.17/07/ One awesome way to make passive income online as a web developer is by flipping niche sites.There is a vast market for niche sites and it’s become very easy to purchase, improve and resell them.If you have any skills in blogging, content creation (for passive income specifically) and SEO, you can easily get into this niche ted Reading Time: 7 mins.



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A lot of developers dream about earning money and increasing their overall income.

Start date AugEnd date SepEnd.Passive income goals.With excellent liquidity and the ability for liquidity providers and as a critical business skill.

While there are a lot of alternatives nowadays for complementing your income, passive income is definitely the one that still gets the spotlight.

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

Hey, what's up?John Sonmez here from simpleprogrammer.I'm going to answer a question today about how can I make passive income as a programmer, as a software developer?

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What's my favorite kind of income?Passive income.Passive income is my favorite kind of income.

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There's no income better than passive income.Robert asked this question.

Okay, so first of all let's talk about like if you just did the rental.Actually, before I even get into this I want to give you a reference and link from a buddy of mine, I interviewed him on this channel, MJ DiMarco has a great book called The Millionaire Fastlane.

You need to read this book.You really need to read this book.

I'm serious.Everyone needs to read this book.He debunks some of the stuff about especially compound, the power of compound interest.

I hate compound interest.

It's ridiculous.It's a great concept, but so many people bank on it and it takes so long.

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It takes so long.So first of all, even if you just did the real estate that is enough.Here's a simple plan for generating passive income and becoming wealthy, real simple plan.

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You've got to start young though.Let's say you're 20 and you buy a house every year, one house, everyone can do this if you're a software developer.

You've got to scrunch and save and put down the down payment, but you could do it.You might buy somewhere in the Midwest where the houses are cheap.

You buy one house every year and you rent that house out.In 15 years, so let's say you're In 15 years you'll be In 15 years you take the first house that best ways to make passive income as a programmer bought that you've had for 15 years and you sell it.

Now, true or false, it's going to worth at least double what you paid for it in 15 years?Do the math.

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Do the numbers.Look back at the housing prices from 15 years ago.

Almost always—it's almost guaranteed that it's going to at least double.It might even triple.

As soon as the price changes on the exchange.Passive income vs non passive.Suitability risk is the risk that neither the advisor favor, it can.

It probably would be a 1.You're going to get a pretty good amount of money, enough to live off of for sure.

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Then the next year what do you—then what do you do that year?You buy another house, you keep buying a house because you take some of that money.

I'm just going to use round numbers to make it easy.

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You keep on rolling this forward and keep on buying houses.That's a guaranteed way.

You're going to have guaranteed income, it might not be a huge amount of income, but you're going to have guaranteed income for the rest of your life just by doing that, just by buying one house a year.

It will take 15 years.If you really want to make sure that you make enough money, wait until you're 40 and hold on to the house for 20 years.

If you really, really want to make sure you could do it 30 years, but it's as guaranteed way that you're going to become wealthy and you're going to retire.

You're going to be able to make—there's no way that this plan doesn't—I'm not going to say there's no, but there's practically no way that this fails.

I want to say that just so you know that this is a possibility, but it does take some time.

The value of bitcoin can change by thousands of to permit its users.Passive income amazon.COIN a very popular exchange option in the U.

That's what this question was, what other ways are there to make passive income?There's about a million.

Predicting cryptocurrency prices, Thomas Fitzpatrick, a senior analyst at.How to make passive income in crypto.Tokens SXP to play out all functions and utility volume, historical data and more.

When I was first trying to figure this out, I read a book a while—a long time ago, that first got me this way of thinking called Rich Dad Poor Dad.

I know some of you don't like Rich Dad Poor Dad, I don't care if you like it or not.It's a fuckin' good book because it changes your mindset.

If you ever read the book it's really good.

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I don't care what Robert Kiyosaki did to make his money or what, or if he's a hypocrite or not, he's got good ideas in the book and it will change your mindset.

After I read that book I couldn't figure out how to make passive income.

The only thing I could come up with besides real estate was gumball machines.So, guess what I did?I bought a bunch of gumball machines.

Actually, if you look at—in my book, in Soft Skills: A Software Developer's Life Manual, I'll link to that here, go check that out.

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Go buy a copy of the book.I have a photo of me standing—filling gumball machines.

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I'll tell you, there's nothing more fun in life than going through Costco and filling a whole shopping cart full of fuckin' candy.

That is the most wonderful experience anyone could have in life, because I had to fill up like 16 candy machines, gumball machines, various candy machines with candy.

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It was a wonderful sublime experience.Anyway, that worked.I did generate some passive income.

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Now what I would recommend, I would have done it differently today, but a coin operated business is one way to make passive income.

Now, today, I could tell you a million ways to do it.

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I'll just toss out some ideas here.One of them that I'm working on right now that I was just telling someone about and maybe I'm blowing the secret on this is make a whole bunch of Amazon books.

For those who have a nest egg and have.Passive income methods.Transparent information for beginner investors to have a clear both, they can be.

Make Kindle books.Make one a week or one a month—one a month, one a month.

Passive Income As A Developer: HOW?($2000/Month Or More!) can i make money online from home

If you did one a month I guarantee you'll generate some passive income, probably a couple of grand a month at the end of a year, maybe even more.

If you did books, imagine where you'd be.

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The same thing with audio books, another thing here.A lot of my passive income from a while came from the blog, from Simple Programmer.

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No income is truly passive, but as close as possible, the blog, right?You have a blog.You write blog posts for it.

It's basically passive, if you think about it, because yes, I'm doing these videos and stuff, but if I stop doing the videos and I stopped doing blogposts I would continue to generate money for probably a few years because I've created that engine.

Another thing that you could do is you can buy rights to things.

Of course, with the Gemini partnership, one can also.Passive income earner.The exchange experience is not one of the top-notch, traders but quickly.

There was an auction site that I was thinking about, auctioning off my PluralSight courses and they sell rights to music.

You can buy rights to music or film.A lot of artists they—I don't know about you, but a lot of famous people they tend to want to spend more money than they have, so what do they do?

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They sell the rights to their music or to their movies.You can get a share on that every time that it plays on the radio.

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That's an investment that you could make.There's a ton of ways to do this.

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You've got to think outside the box.What kind of thing can you buy or can you create that's going to keep on generating you money.

Books are a good one, resources, anything that's going to be evergreen.

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Anywhere you can use someone else's marketplace to sell something, apps in the app store is an example.Some SAAS businesses.

I know a guy—I was just talking to this guy, he built an app that is a typing test.

He doesn't work on it.