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What is the fastest way for a programmer to make $10000?
What are some proven ways for a developer to make an extra $10000 in a year doing anything (freelancing, starting a company etc) which has the most chances of reaching $10000 working on weekends?
- e59d134d 9y agoFreelancing
- qubex 9y agoConsidering 2 days per weekend, 52 weekends, and 8 hours of work per day, $10,000 in a year turns out to imply a wage of $12 an hour. That's substantially below the US national average of $25 an hour in 2016. So basically, do any average job.
- FahadUddin92 9y agoI am based in Karachi, Pakistan :(
- qubex 9y agoAh. That would have been a handy datum to put in there. I'm in Italy but based on your mention of US currency I assumed you were in America.
- faisalhassanx 9y agoTake a course on Shopify dropshipping and start an ecommerce store.
- muzani 9y agoI tried that. You'll get it in sales rather than profit, and it was slower than just getting a job.
- shahbaby 9y agoif there was such an answer to your question, everyone would be doing it, and then it wouldn't work but of course there are many people who will try to sell you turn-key business solutions programming is hard, it takes a lot of time and effort, if money is your real objective, there are probably easier ways
- csa 9y agoYou would think that this would be true, but I humbly suggest to you that it's not. A lot of people seem to like the idea of making/having money much more than actually doing it. A lot of very good and relatively easy money making ideas require boring/unsexy work, a small amount of sales behavior, or both. This is an unusually high threshold for most people to cross. I see a lot of smart people who think that people are just going to drop sexy problems in their lap along with a pile of money to solve those problems. I humbly suggest that this is a relatively rare occurrence. Anyway, any answer to OPs question is probably going to be some form of unsexy work and light sales. There are a lot of opportunities that meet this description.
- mcappleton 9y agoThis is some of the best advice I ever got for business: Ask and you shall receive Seek and you shall find Knock and the door will be opened The only way to get 10k short of stealing is for someone to give it to you. And nobody will give it to you if they have no connection to you. So the first thing you need to understand is that your success depends on connecting with people who can be convinced that it is in their best interest to give you money in exchange for something you offer. As a coder, you can definitely make 10k on one project or two, so that's a great goal. There are many people out there who would benefit from paying you 10k because you have valuable skills. Hockey legend Wayne Gretzky said "100% of shots you don't take won't go in the goal". Similarly you won't get any business at all if you just sit around. You have to get up and keep trying things. Attend meet ups. Even go door to door. That's what I did selling a side product I built but now one of the guys I met I'm in talks with to build software for about 15k. The thing is if you go out and keep trying to find people who might give you money, eventually you will find someone who will give you money. This is one of the secrets to life.
- throwaway26960 9y agoTell your boss to give you a $10,000 bonus or you quit.
- segmondy 9y agoI suspect this is someone outside of the US, say in Africa or India. Their yearly salary is not up to $10k.
- SirLJ 9y agoSystematic stock market trading, it's not easy, but if you apply yourself and spend the time, it'll be possible to develop working system and after that the sky is the limit...
- muzani 9y agoYou need money in the first place because it's a %.
- SirLJ 9y agoFirst step is to develop an edge, after that if you don't have access to capital, you can raise money, same as having a successful startup with traction...
- Lordarminius 9y agoI am skeptical about this. If it were possible, would many programmers not do this ? Moreover, the OP lives in Pakistan not the US
- SirLJ 9y agothis is what I am wondering, why smart knowledgeable people are afraid to try, it costs nothing, but time... There are many international brokers, you don't have to live in the god old USA to trade the stock market...
- hluska 9y agoStock trading costs nothing but time??? Stock trading, particularly when you're working with less than millions, is a very easy way to lose most of your capital.
- SirLJ 9y agoBuilding trading strategies cost nothing, but without one, you better go to Vegas with your million, you'll have the same chances of making money...
- sauronlord 9y agoSell your body with prostitution. Don't like that? Then take a remote job for 120k/year and then slack off for the first month, collect 10k, get fired. Repeat
- muzani 9y agoI've done it all, from freelancing to startups to starting a cafe. What consistently worked for me is teaching, in hours worked, risk/repeatability, and overall time (3 months). The cafe brought me that kind of sales in about 10 weeks, but after factoring all the other costs, the income was lower than an average salary. Startups are very slow to set up. Something with 5%-10% margin would be faster to set up - get a product, hack together an online shop, drop some money on Google ads. But when you look at profitability it could take way more than a year for that kind of money. Cafes are faster. A startup with 90% profit margin would bring in the income much faster, but it may take a very long time to build such a thing, easily 3+ months. Freelancing is good. A fixed price project would pay that well in about 1 month if you're good and reputable. I've been offered about 4 projects crossing the $10k mark, but all of them failed for some reason (mostly miscommunication). A beginner freelancer might make about $25-$50 an hour. But with similar experience, you might get about $50-$75 an hour teaching bootcamps or individuals. The reasoning being that most people who hire freelancers instead of in house programmers are broke startups or don't have tech as their core. The price for freelance coding is also pegged against people all over the world. So some lady in India or Indonesia would be equally happy making 5x less. With teaching, your competitors are geographically limited. Also, programming is very tiring work and teaching not so much. So you can put in many more hours and it's more suitable for someone working full time.
- quickthrower2 9y agoSome boring answers: Ask for a raise. Change jobs. Overtime if available. Cashflow positive real estate investment. Look through all expenses and see where you can eliminate waste, haggle etc. Speculate on cryptos. E.g. if BTC crashes after the split then after the winning fork is certain buy back in. Etherium will probably crash at some point so buy in after that.
- muzani 9y agoAnother way to make fast cash is hackathons, but you'd need really good presentation skills.
- deleted 9y ago[deleted]
- meric 9y ago1. Bet $10000 on black at the casino. If you win, well done. If you lose continue. 2. Bet $20000 on black at the casino, if you win, well done. If you lose, you lost $30000. There is 75% chance to make $10000 - casino edge using this strategy. You can do this on any day of the week the casino is open.
- amingilani 9y agoDoubling down, also called a martingale strategy. This was awesome while it lasted. I used this while playing with dogecoin, the trouble started when I automated it using a script. Trouble is, even when the chance of losing is 0.25%, you'll lost once every 400 games. And at one point, the loss will be greater than all the money you had.. and there's no coming back from that.
- csomar 9y agoHe said 75% chance, so odds are against you.
- amingilani 9y agoActually, he meant a 75% chance of winning.. Given the chance of winning a round is p=0.5, the chance of losing is q = 1 - p = 0.5 If you've lost the first round, the odds of you twice in a row are q = 0.5^(2 rounds) = 0.25 Which means the odds of you winning are p = 1 - q = 1 - 0.25 = 0.75.
- 0x8BADF00D 9y agoRight, but the expected value of the gamble is negative.
- dfinch 9y agoExpected value is 0, right? .75 * 10000 - .25 * 30000
- 9y ago
- 0xc000005 9y agoget a job
- csa 9y agoCopied from elsewhere in this thread: - Go to stackingthebricks.com from Amy Hoy. - Learn how to find a niche market of professionals and find their pain points. - Learn the fundamentals of making a product or service that these people want (e.g., an e-book) and how to market it via Amy's various writings and those she links to (her network has many prolific writers). - Execute.
- deleted 9y ago[deleted]
- tyingq 9y agoStart a Bitcoin tumbler? The market lead apparently just exited for personal reasons, so there's an opening. Of course, you become a big target for hackers and maybe US law enforcement.
- zapperdapper 9y agoYou are starting with the wrong question - How do I get? Ask yourself what can you give instead. Find people who have a problem - and help them solve it. I'll give you an example. A few months back I was chatting with a friend and she was saying how she had this problem at work where she wanted to get customer lists out of a (huge) spreadsheet. I whipped up a Python script to do it - for free. She was delighted. A few weeks later her boss came back to me directly - he wanted a simple web app put together for one of their internal processes and he was prepared to pay $$$. You'll need to network, build up a body of work. Look for problems to solve and the side income will come. Your other option. Teach what you know on the side - you can run workshops on the weekends.