How To Actually Make $10k A Month Coding

Tech With Tim
4 May 202414:54

Summary

TLDRThis video script candidly addresses the challenges of making a significant income through coding, emphasizing that the 'golden days' of easy success are over. The speaker outlines a five-step strategy for aspiring coders to achieve a monthly income of $10K, advocating specialization in a niche area, building an online presence, offering coaching or tutoring, and eventually freelancing or securing higher-paying contract jobs. The script also promotes a free business startup kit from HubSpot and encourages viewers to think creatively and strategically about their coding careers.

Takeaways

  • 😀 The golden days of coding for easy high-paying jobs are over, and the competition is intensifying.
  • 💡 To succeed in coding in 2024, one must be creative and adopt a different strategy than in the past.
  • 💼 The speaker suggests starting a business or freelancing as a way to earn money through coding.
  • 🚀 HubSpot's free business startup kit is recommended for those looking to start their own business.
  • 🔑 Specialization in a niche area is advised for beginners to stand out and provide unique value.
  • 🎓 The speaker shares personal experience with Pygame to illustrate the benefits of niche expertise.
  • 📈 Building credibility and an online presence is crucial for demonstrating skills and attracting clients.
  • 📝 Consistently posting content or networking can help establish a professional reputation in the coding community.
  • 👨‍🏫 Coaching or tutoring can be a stepping stone to earning money and building a client base.
  • 🔍 Freelancing is a scalable way to earn money, but standing out and showcasing professionalism is key.
  • 📚 The journey to earning $10K per month involves building blocks such as freelancing, content creation, and eventually higher-paying jobs or business ventures.

Q & A

  • What is the main message of the video regarding making money through coding?

    -The main message is that while it's still possible to make a significant income through coding, the 'golden days' of easily landing high-paying jobs are over. It requires a more creative and strategic approach, including specialization, building credibility, and considering entrepreneurship.

  • What does the speaker suggest as the first step to start making money from coding?

    -The first step suggested is to specialize and learn something niche. This allows a coder to stand out in a specific area and become an authority, making it easier to get paid for their skills.

  • How does the speaker describe the current state of the coding job market?

    -The speaker describes the current job market for coders as competitive, with more money being concentrated at the top and a steeper competition landscape compared to the past.

  • What is the role of the free business startup kit from HubSpot mentioned in the video?

    -The free business startup kit from HubSpot provides nine free templates to help with brainstorming a business name, developing a business plan, and pitching ideas to potential investors. It's intended to assist in the early stages of starting a business.

  • What is the importance of building credibility and an online presence according to the video?

    -Building credibility and an online presence is crucial because it allows coders to demonstrate their skills and projects to potential employers or clients. It's a way to stand out in a competitive market and prove one's expertise.

  • Why does the speaker recommend starting with a niche skill when building a coding career?

    -Starting with a niche skill allows a coder to become an authority in that specific area, making them more valuable and sought after. It's easier to get paid for a specialized skill than to be a generalist with broad but shallow knowledge.

  • What are some of the ways to get a coder's name out there and build credibility?

    -Some ways include posting content consistently, networking with others in the field, writing blog posts or medium articles, creating tutorials, sharing projects on LinkedIn, and joining communities to establish a known presence.

  • How does the speaker suggest moving from tutoring to more lucrative opportunities?

    -The speaker suggests using the credibility and client base built through tutoring to transition into higher-paying opportunities such as freelancing, contract jobs, or full-time positions.

  • What is the significance of the speaker's personal experience with Pygame in the context of the video?

    -The speaker's experience with Pygame serves as an example of how specializing in a niche area can lead to opportunities to make money, even as a beginner, by providing value in a specific skill set.

  • What are some of the potential income sources for a coder after establishing a strong foundation and credibility?

    -Potential income sources include making money from content creation, starting a business, selling applications, taking on contract jobs, or securing a full-time position with a satisfactory salary.

Outlines

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Mindmap

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Keywords

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Highlights

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Transcripts

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Coding Income2024 TrendsBusiness StrategyFreelancing TipsSkill SpecializationOnline CredibilityContent MonetizationTutoring ServicesProfessional DevelopmentTech Entrepreneurship
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