Passive Income
Create products that generate income without active work (SaaS, apps, tools, templates)
Overview
Passive Income is programmers who want to build long-term wealth. This earning path offers benefits like Scalable income and Location independent, but also comes with challenges such as Initial time investment and Marketing required.
Key Information
- Income Range
- $0-50K+/month
- Time to Start
- 3-18 months
- Difficulty
- High
Advantages
- Scalable income
- Location independent
- Multiple revenue streams
- Long-term wealth
- Freedom
Challenges
- Initial time investment
- Marketing required
- Competition
- Uncertain success
- Maintenance needed
Best For
Programmers who want to build long-term wealth
Getting Started
To get started with passive income, you'll need to invest approximately3-18 months to build the necessary skills and establish yourself. The difficulty level is high, which means it requires significant expertise and commitment.
Income Potential
The income range for passive income is $0-50,000+/month. This can vary significantly based on factors such as your location, specialization, experience level, and the quality of your portfolio. Those with specialized skills and strong portfolios typically earn at the higher end of this range.