Becoming a Full-Time Creator as a Software Engineer
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Becoming a Full-Time Creator as a Software Engineer
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Re: Becoming a Full-Time Creator as a Software Engineer
#2> 4. Invest your savings and live off of gains.
this option is not really like the other 3 listed, since it's a separate category of passive income and is non-exclusionary unlike the rest.
One should always be investing any excess income anyway, regardless of what path one chooses to follow. Unfortunately, the risk of having _only_ investment income to sustain you is that you cannot make risky investments, and so must have large amount of capital to produce less risky but more guaranteed returns. FIRE comes to mind when one goes down this course of action.
Re: Becoming a Full-Time Creator as a Software Engineer
#3I've been wrecking my brain how to make $10 on anything online for a good part of the past 10 years with a couple of failed startups and even more side projects that went nowhere. I envy anyone who can do this and I think it is truly an immeasurable amount of effort to make any kind of side income let alone something that replaces your salary. But I think articles like this one advertise it like it's something you can do in your sleep and that's just not how it works.
Re: Becoming a Full-Time Creator as a Software Engineer
#4I've been wrecking my brain how to make $10 on anything online for a good part of the past 10 years with a couple of failed startups and even more side projects that went nowhere. I envy anyone who can do this and I think it is truly an immeasurable amount of effort to make any kind of side income let alone something that replaces your salary. But I think articles like this one advertise it like it's something you ca…
It’s also a lot of luck. A friend of a friend made some trashy weekend website in php years ago which calculates profits from options trades. He somehow makes 6 figures from advertising on the site.
Apparently he tried doing a big rewrite a couple years ago to fix the UX and whatnot, but his income dropped to 1/3rd of what it was after the change. Probably people spent less time on the site. So he put it back how it was.
Re: Becoming a Full-Time Creator as a Software Engineer
#5> 4. Invest your savings and live off of gains. this option is not really like the other 3 listed, since it's a separate category of passive income and is non-exclusionary unlike the rest. One should always be investing any excess income anyway, regardless of what path one chooses to follow. Unfortunately, the risk of having _only_ investment income to sustain you is that you cannot make risky investments, and so mus…
The joke (or maybe better 'punchline') is that the new moniker 'creator', which I read as a more palpable synonym for 'influencer', is really just one of, and as such /any/ of, many other things just by another name.
In the case of: 4. Invest your savings and live off of gains.
I think the joke is some of these creators may just be those people, filling the time by creating.
It's an answer to the question, "I wanna start creating but where does (fill in favorite creator) get the money for the equipment or the time for all this? Why am /i/ struggling?
Ala, peggy hills bookstore in king of the hill.
Peggy struggling: how did you ever sell enough books to pay the rent?
Former owner: o I inherited money whose interest covered the rent.Re: Becoming a Full-Time Creator as a Software Engineer
#6I've been wrecking my brain how to make $10 on anything online for a good part of the past 10 years with a couple of failed startups and even more side projects that went nowhere. I envy anyone who can do this and I think it is truly an immeasurable amount of effort to make any kind of side income let alone something that replaces your salary. But I think articles like this one advertise it like it's something you ca…
The missing component is luck I feel, you and I both have probably put the same smarts and effort in as those who were succesful but just haven't had opportunity, effort and luck all line up at the right time.
I built four SaaS products while working full time as a software dev, I have started companies, tried some side hussles, I am a smart chap but I was never blessed with opportunity and luck at the time I was putting in the effort. Then I burned out, and now I am just happy to be enjoying software for a living again. It would take a really captivating idea for me to start another software side gig, and only if a concrete opportunity arises. For now I am happy working on being prepared to sieze that opportunity by building cash, skills and a network, rather than actively working on one that doesn't yet exist.
Re: Becoming a Full-Time Creator as a Software Engineer
#7Nice, I like this.
Till now I considered running a B2B business as only being a SAAS catering to businesses, and therefore requiring dedicated resources on standby e.g. customer service, an on-call rotation, compliance to various things that other businesses care about etc which seem like quite a drag for a one or two person venture.
Looks like there are other ways to run a B2B without too much friction
Re: Becoming a Full-Time Creator as a Software Engineer
#8I've been wrecking my brain how to make $10 on anything online for a good part of the past 10 years with a couple of failed startups and even more side projects that went nowhere. I envy anyone who can do this and I think it is truly an immeasurable amount of effort to make any kind of side income let alone something that replaces your salary. But I think articles like this one advertise it like it's something you ca…
The missing component is luck I feel, you and I both have probably put the same smarts and effort in as those who were succesful but just haven't had opportunity, effort and luck all line up at the right time. I built four SaaS products while working full time as a software dev, I have started companies, tried some side hussles, I am a smart chap but I was never blessed with opportunity and luck at the time I was put…
I am in the same boat as you. I realized I have all the technical chops needed to build my business, but have failed a few times now. I am now looking for a job. Who knows if the opportunity will ever arise, but I need to move on with my life. I can't be sitting waiting for an opportunity that might never come. It's been emotionally difficult for me to acknowledge this, but I take it one day at a time.
Re: Becoming a Full-Time Creator as a Software Engineer
#9> 4. Invest your savings and live off of gains. this option is not really like the other 3 listed, since it's a separate category of passive income and is non-exclusionary unlike the rest. One should always be investing any excess income anyway, regardless of what path one chooses to follow. Unfortunately, the risk of having _only_ investment income to sustain you is that you cannot make risky investments, and so mus…
He's not advocating for a passive investment income.
> You could use these savings to invest in stock markets, day trade with them, and - hopefully - make a profit.
I wouldn't recommend his advice..
Re: Becoming a Full-Time Creator as a Software Engineer
#10> 4. Invest your savings and live off of gains. this option is not really like the other 3 listed, since it's a separate category of passive income and is non-exclusionary unlike the rest. One should always be investing any excess income anyway, regardless of what path one chooses to follow. Unfortunately, the risk of having _only_ investment income to sustain you is that you cannot make risky investments, and so mus…
He's not advocating for a passive investment income. > You could use these savings to invest in stock markets, day trade with them, and - hopefully - make a profit. I wouldn't recommend his advice..
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