Earn Up to $10,000 Finding One Bug
39sThe extreme earning potential from bug bounties creates high curiosity and aspiration among developers.
▶ Play ClipThis video presents six side hustles designed to help developers monetize their coding skills and earn extra income alongside their primary job in 2024. The speaker emphasizes opportunities ranging from bug bounties to building an online presence.
The video discusses six side hustles for developers in 2024 to level up coding skills and earn extra cash.
Involves finding and fixing bugs in a company's codebase. Companies pay between $100 to over $10,000 per bug. Recommended platforms: HackerOne, Bugcrowd, Microsoft's program.
Mentoring students via platforms like Codementor and SuperProf. Rates typically $15-$30 per 15-minute session. Alternatively, help with assignments via Fiverr or Upwork.
Charging for specific tasks (e.g., game development, web development). Earnings range from $50 to over $10,000 per project. Platforms: Fiverr, Upwork.
Building and selling themes, add-ons, or apps for platforms like Shopify or Trello. Can earn $1,000 to over $10,000 per month with recurring income.
Building a small subscription-based app for a specific problem. Example: Hypefury (Twitter scheduling) earning $20,000/month. Closest to passive income for developers.
Create content on platforms like Twitter, YouTube, Medium, etc. Monetize via affiliate links (earning a cut of sales). Some creators earn millions yearly.
Developers can leverage coding skills through bug bounties, mentoring, freelancing, selling code, building micro SaaS, or creating an online presence. All offer significant earning potential with minimal starting effort.
"The title accurately promises six distinct, actionable side hustles for developers, and the transcript delivers exactly that without exaggeration."
What is a bug bounty program?
A program where developers find and report bugs in a company's codebase and get paid for it.
0:21
How much can you earn from a bug bounty?
Between $100 and over $10,000 per bug.
0:47
What are two platforms for bug bounties?
HackerOne and Bugcrowd.
0:56
What are typical rates for online mentoring?
$15 to $30 per 15-minute session.
1:57
What is a micro SaaS application?
A tiny subscription-based app built and maintained by a solo developer or small team, solving a specific problem.
3:38
How much can a micro SaaS earn monthly?
Up to $20,000 or more in revenue per month.
4:10
What is an affiliate link?
A link to a product that a creator endorses; they earn a cut of the sale when someone purchases through it.
4:57
What are two marketplaces for selling code?
Shopify and Trello (their app marketplaces).
2:53
How much can you earn from selling code on a marketplace?
Between $1,000 and over $10,000 per month.
3:28
Bug Bounty Earnings
Explicit payment range ($100 to $10,000+) demonstrates high earning potential.
0:21Mentoring Rates
Provides concrete pricing for a low-barrier side hustle.
1:57Freelancing Versatility
Explains how freelancing adapts to any developer skill set.
2:01Micro SaaS Passive Income
Positions micro SaaS as the closest to passive income for developers.
3:33Building an Online Presence
Highlights affiliate marketing as a major revenue source from content creation.
4:25[00:00] hey folks if you're a developer looking
[00:01] to monetize your coding skills and make
[00:03] some extra cash on the side without
[00:05] losing focus on your main job then
[00:07] you're in luck because in this video I'm
[00:09] going to be talking about six side
[00:10] hustles that you can get started with in
[00:12] 2024 that will help you level up your
[00:14] coding skills and earn some extra cash
[00:16] on the side as well so let's not waste
[00:18] any more time and jump right into it so
[00:21] the first side hustle I want to talk
[00:22] about is the bug Bounty a bug Bounty is
[00:25] a program that developers sign up for
[00:27] and get paid when they identify and fix
[00:29] a bug within that company's code base so
[00:32] these bugs could be critical bugs that
[00:33] pose a security threat or just smaller
[00:35] bugs that impact their application in a
[00:37] certain we but basically once you find
[00:39] these bugs and report it back to the
[00:41] company they pay you a certain amount
[00:43] for your contribution and from what I've
[00:45] seen companies pay anywhere from between
[00:47] $100 to even over $10,000 for a single
[00:51] bug Bounty so if you're interested in
[00:53] signing up for a bug Bounty program then
[00:55] consider checking out websites like
[00:56] hacker 1 bug crowd or even Microsoft's
[00:59] bug Bounty program progr the second side
[01:01] hustle that I want to talk about is
[01:02] online mentoring now if you're someone
[01:04] who's reasonably confident with your
[01:06] programming skills and also like
[01:07] teaching and helping people as well then
[01:09] you might want to consider signing up
[01:11] for an online mentorship program
[01:13] websites like code mentor and super Prof
[01:15] offer a platform for connecting mentors
[01:17] with students who are in need of your
[01:19] programming skills so when you sign up
[01:21] for these websites you'll usually have
[01:22] to list all the skills that you can
[01:24] offer mentorship in and select an hourly
[01:26] rate as well and every time a student
[01:28] books a session with you you'll normally
[01:30] have to hop on a call and help them with
[01:32] whatever problem they're having but if
[01:34] you don't actually want to have any
[01:35] face-to-face interaction with students
[01:37] you could get a bit more creative and
[01:38] use websites like Fiverr or upwork to
[01:41] basically help students out with their
[01:42] assignments all they send you is their
[01:44] assignment and all you send back is a
[01:46] solution to the problem they're facing
[01:48] within that assignment how much can you
[01:50] actually earn from online mentoring now
[01:52] again the rate really depends on what
[01:53] you choose but but from what I've seen
[01:55] online mentors typically charge between
[01:57] $15 to $30 for a 15 minute session the
[02:01] third side hustle that I'd like to talk
[02:03] about is freelancing freelancing is a
[02:05] side hustle that allows you to charge
[02:06] people money for a specific task so if
[02:08] you're a game developer you charge
[02:10] people money for converting their ideas
[02:12] into an actual working game or if you're
[02:14] a web developer you charge people money
[02:16] for building websites the great thing
[02:18] about freelancing is that it's extremely
[02:20] versatile and your earning potential is
[02:22] basically unlimited because you charge
[02:24] people for the complexity of the project
[02:26] that you actually take on it's not
[02:27] uncommon to see Freelancers charge
[02:29] anywhere between $50 to even over
[02:32] $10,000 for a single project if you're
[02:34] interested in becoming a freelancer then
[02:36] you should check out websites like
[02:37] Fiverr or upwork because they basically
[02:40] provide a Marketplace to connect
[02:41] Freelancers with paying customers the
[02:43] fourth side hustle that I want to talk
[02:45] about is selling code on specific
[02:47] marketplaces so this side hustle
[02:49] involves building and selling code on
[02:51] marketplaces that are hosted by websites
[02:53] like Shopify or a Trello to give you a
[02:55] more concrete example of how this works
[02:57] Shopify is a platform that allows anyone
[02:59] to set up an an online business in
[03:00] minutes and through this online store
[03:03] business owners can sell products to
[03:04] people all across the globe you as a
[03:06] developer can then build themes or
[03:08] add-ons or apps for these online stores
[03:11] and list them on the Shopify Marketplace
[03:13] and every time any of these businesses
[03:15] decide to purchase your application or
[03:17] integrate it into their store Shopify
[03:19] pays you a certain cut the benefit of
[03:21] selling code on a Marketplace is that
[03:23] your income is basically infinite as
[03:25] well and it's recurring and it's not
[03:27] uncommon to see people earn anywhere
[03:28] between 1,000 to over $10,000 a month
[03:31] doing this the fifth side hustle that I
[03:33] like to talk about is building and
[03:35] setting up a micro SAS application a
[03:38] micros siiz application is a tiny
[03:40] subscription based application that's
[03:42] usually built and maintained by either a
[03:44] solo developer or a very small team of
[03:47] developers and this side hustle is the
[03:49] closest thing to passive income for
[03:51] software Engineers to build a Microsoft
[03:53] application you normally need to
[03:55] identify a problem that a certain group
[03:57] of people are facing and then build a
[03:59] product for that group and sell it to
[04:01] them to give you a more concrete example
[04:03] hype Fury is a micras application that
[04:06] allows people to create and scheduled
[04:08] Twitter posts and around 3 years ago the
[04:10] founder posted on Reddit that they were
[04:12] able to scale their business to earn
[04:14] about $20,000 in Revenue every single
[04:16] month if you're someone who's been able
[04:18] to identify a problem within a certain
[04:20] Niche then maybe you should consider
[04:23] building a micras application the next
[04:25] side house I want to talk about is
[04:27] building an online presence of some sort
[04:29] in 2024 having an online presence is
[04:32] easier than ever with platforms like
[04:33] Twitter Instagram Facebook YouTube Tik
[04:36] Tok or even blogging websites like
[04:38] medium you can basically create content
[04:40] in any shape or form that you desire and
[04:42] generally when you consistently upload
[04:44] good quality content for a long enough
[04:46] period of time to start to build a
[04:48] following of some sort and that's when
[04:50] you can start using your following to
[04:52] earn some extra money on the side
[04:53] through basically an infinite number of
[04:55] income earning opportunities to give you
[04:57] a more concrete example an affiliate
[04:59] link is a link to a product that you as
[05:01] a Creator endorse you typically show
[05:04] this link to your audience and anytime
[05:06] they purchase this product through your
[05:08] affiliate link you'd earn a small cut of
[05:10] the profits of the product and there are
[05:12] creators out there earning millions of
[05:13] dollars every single year just through
[05:15] having affiliate links on their posts if
[05:18] you have something to share with the
[05:19] world then you should really consider
[05:20] setting up an online presence and
[05:22] growing it over time now if you're
[05:23] someone who's planning on starting a
[05:25] side hustle anytime soon then you
[05:27] probably need to keep honing your
[05:28] software development skills every single
[05:30] day and what better way to do that than
[05:32] to use these six websites that were
[05:34] absolute game changers for my coding
[05:36] Journey
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