While freelancing on platforms like Upwork and Fiverr is a common entry point, many coders are looking for more sustainable and scalable ways to generate online income that aren't directly trading time for money. What are some proven strategies for coders to build passive or semi-passive income streams using their skills on a global scale? I'm interested in detailed insights into options like creating and selling digital products (e.g., WordPress themes, plugins, mobile app templates, code snippets, e-books, online courses), developing and monetizing SaaS products (Micro-SaaS), contributing to open-source projects with sponsorship models, or even technical content creation (blogging, YouTube tutorials) that can generate ad revenue or affiliate income. What are the global market considerations, and what specific tools or platforms are best suited for these ventures for coders aiming for a worldwide audience?
While freelancing on platforms like Upwork and Fiverr is a common entry point, many coders are looking for more sustainable and scalable ways to generate online income that aren't directly trading time for money. What are some proven strategies for coders to build passive or semi-passive income streams using their skills on a global scale? I'm interested in detailed insights into options like creating and selling digital products (e.g., WordPress themes, plugins, mobile app templates, code snippets, e-books, online courses), developing and monetizing SaaS products (Micro-SaaS), contributing to open-source projects with sponsorship models, or even technical content creation (blogging, YouTube tutorials) that can generate ad revenue or affiliate income. What are the global market considerations, and what specific tools or platforms are best suited for these ventures for coders aiming for a worldwide audience?