How to make money from Coding? 5 ways to earn without a job or degree

Summary

In this video, the speaker discusses five ways to monetize coding and programming skills without needing a degree or a full-time job. The methods include freelancing, creating custom software for local businesses, developing a startup based on a unique idea, participating in coding contests, and writing blogs about programming. Each method is explained with practical examples and tips to help viewers start earning money using their coding skills. The video aims to provide alternative income sources for students and early-career coders looking to leverage their programming abilities.

Takeaways

• 🖥️ Discussing five ways to monetize coding and programming skills without a full-time job.
• 💻 Freelancing: Register on online portals, build projects for clients, and gradually increase prices as experience grows.
• 🏢 Building custom software for local businesses: Create solutions like websites, billing software, or customer feedback apps to improve their operations.
• 🚀 Starting your own project: Develop a unique idea, treat it as an investment, and potentially turn it into a successful business.
• 🏆 Participating in coding contests: Compete in global contests like ICPC, Facebook Hackathon, Google Code Jam, and more to win prizes and recognition.
• ✍️ Writing blogs: Share your coding and programming knowledge on platforms like Medium or create your own website to attract traffic and earn through ads.
• 💼 Emphasis on using skills even without a formal degree: Skills and experience matter more than formal education.
• 💡 Importance of identifying problems and offering tech solutions: Customizing software or apps to solve specific problems for clients or businesses.
• 📈 Using initial projects as a learning curve: Start with low-priced projects, learn from them, and then gradually increase your rates.
• 🌍 Highlighting the global opportunities: Encouragement to explore various platforms and contests worldwide to showcase and monetize skills.

Q & A

What are the five ways mentioned in the script to monetize coding and programming skills?

The script does not explicitly list the five ways, but it suggests freelancing, doing projects for clients, creating custom software for local businesses, participating in startup funds and competitions, and blogging as potential methods to monetize coding skills.

What is the significance of being a freelancer in the context of the script?

Freelancing is presented as a way to monetize coding skills by offering services on various online platforms, where clients require the building of products, websites, apps, and scripts.

How does the script suggest one can start with freelancing without much experience?

The script suggests starting with small projects and assignments at the initial stage, which can be obtained by registering on freelancing platforms and offering services at a low price or even for free to gain experience and build a portfolio.

What is the role of creating custom software for local businesses according to the script?

Creating custom software for local businesses is a way to monetize coding skills by identifying their needs and offering tailored solutions, such as websites, billing systems, or customer feedback apps.

How does the script relate to the idea of participating in startup funds and competitions?

The script implies that having a unique idea and participating in startup funds and competitions can lead to significant success, as exemplified by the founders of Google and Facebook who started with basic programming skills and identified problems to solve.

What is the potential benefit of blogging about coding and programming?

Blogging about coding and programming can help monetize skills by sharing knowledge, tutorials, and insights, which can attract traffic and potentially lead to monetization through ads, affiliate marketing, or sponsored content.

How does the script mention the importance of identifying a problem and building a solution for a startup idea?

The script emphasizes that successful startups like Google and Facebook were born out of identifying a problem and building a solution, suggesting that this approach can lead to a successful and revenue-generating business.

What is the script's stance on the necessity of having a degree to monetize coding skills?

The script suggests that having a degree is not a prerequisite for monetizing coding skills, as it emphasizes the importance of having some experience and the ability to demonstrate one's skills through projects and platforms.

How does the script encourage the use of online platforms for gaining exposure and monetizing skills?

The script encourages the use of online platforms for freelancing, participating in contests, and blogging to gain exposure, build a reputation, and potentially monetize coding and programming skills.

What examples does the script provide to illustrate the success that can be achieved through monetizing coding skills?

The script provides examples such as the founders of Google and Facebook, who started with basic programming skills and built successful businesses by identifying and solving problems.

How does the script address the potential for monetization through computer contests and participation in worldwide competitions?

The script suggests that participating in computer contests can lead to significant rewards and recognition, potentially opening doors to opportunities at major tech companies like Google and Facebook.