Here's how you make money from CODING.
Key Takeaways
This video teaches how to make money with coding, covering careers, monetization, and leverage in software development
Full Transcript
how you actually make money from coding. Freelancing. You're kind of on your own and you just do random side jobs, you do gig work, maybe you're doing some hourly work for a company, maybe you're finishing some project here. But you can work for whoever you want, whenever you want, for the number of hours you want. You're not an employee, you don't have benefits, you're not tied down to a set schedule, and usually it's just you're going to do a certain number of hours or you're going to finish a specific project. Typically, now when I do freelancing, the rate is more like 150 to 200 US dollars per hour. And that's a fairly typical rate for a more senior developer who has kind of a broad scope of work that they could potentially be working on. Now, as a junior developer, you can easily be getting paid 50, 60, 70 dollars per hour for freelancing. And where the real money is at is when you do project-based freelancing. So, for example, you build a website for someone and you just charge them a flat fee. And you do that based on the value you're going to be providing them, not how long it's going to take you, right? So, you can make a website for five grand that takes you five hours. You just now got paid a thousand dollars per hour. The person doesn't care how long it took you, they just wanted their website done.
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