How To Actually Make $10k A Month Coding

Summary

This 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.