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What's the most profitable programming hobby?

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Re: What's the most profitable programming hobby?

#31
post #23

If it is a hoppy then it is not supposed to be profitable.

Seriously! So many of these posts lately, I'm starting to think nobody codes for fun anymore... or at least the new generation.

I code for fun all the time; I just like it more when people pay me to have fun.

Re: What's the most profitable programming hobby?

#32
post #8

Besides pump and dump altcoins on PancakeSwap? Flipping websites using online marketplaces. Especially if you can develop a private network of buyers. On iOS for example, I've heard of like basic functionality TikTok clones that took 6 weeks to build going for $500k. Best of luck ;)

Can you link these marketplaces?

Re: What's the most profitable programming hobby?

#33

This may sound crazy but developing a simple professional website for small businesses. Auto Mechanics, small manufacturers, mom and pop shops, etc. If you could do it for lets say $500-$1000 and charge like $20 for small changes, I feel like you could do well for yourself. A lot of these types of operations don't have the skills nor the resources to create an online presence (at least a decent one). An older guy I k…

The doing side is easy- there's endless options from off shelf templates to some generators. The problem is on the other side: if a business in 2021 still have no website, it's either they don't need it( e.g. a good builder) or they are decades behind with everything, including understanding what's the benefit of having a website.

There are a lot of auto repair guys (Owner operator types) that don't have a website. They either don't have time, know how, or want to spend 5-10k on a 5-8k page website. Yoou would'nt believe how many don't have a website and still do well. My barber has no website and if you walk in you're waiting 1.5 hours to get a haircut minimum. My Mechanic also doesn't have a website and I'm pretty sure he wouldn't mind one but the cost is prohibitive $6k plus for a few pages.

Re: What's the most profitable programming hobby?

#34
post #5

Consulting your programming knowledge out is a very high ROI per hour (more so than coding). Some people build plugins for ecosystems like Wordpress and that's pretty profitable. I have a Slack marketplace app that is ramen profitable. Write code to solve a problem and charge for it is probably the best way to monetize your programming hobby.

Was that an autocorrect error: "ramen profitable"? I like it, but I'm looking for more than ramen money. I'm guessing you meant "really profitable".

To piggy back on another person...I'd say "ramen profitable"....means maybe something like 2-3k per month recurring income, with maybe 5-10 hours of maintenance required to run the application.

Re: What's the most profitable programming hobby?

#35

Earlier quoted context omitted.

The doing side is easy- there's endless options from off shelf templates to some generators. The problem is on the other side: if a business in 2021 still have no website, it's either they don't need it( e.g. a good builder) or they are decades behind with everything, including understanding what's the benefit of having a website.

There are a lot of auto repair guys (Owner operator types) that don't have a website. They either don't have time, know how, or want to spend 5-10k on a 5-8k page website. Yoou would'nt believe how many don't have a website and still do well. My barber has no website and if you walk in you're waiting 1.5 hours to get a haircut minimum. My Mechanic also doesn't have a website and I'm pretty sure he wouldn't mind one b…

The thing is that just getting a website doesn't really help that much. I have a childhood friend,who managed to carve himself a pretty decent niche in rentals.He has no website, all the stuff is being logged on a piece of paper and the marketing can be summed up as a few Facebook post behind his house. So I could do him a website. But unless there's marketing, resource planning,some approach to existing clients,the business won't move a bit from where it currently is. And that's the problem most of those, who currently don't have a website face

Re: What's the most profitable programming hobby?

#36
post #30

Earlier quoted context omitted.

I had a small engagement with someone in this area last year. He essentially provides consulting on ML based trading. One man band, $200-300K annually. Not quite sure who the end clients were thought..

As a hobby?

No, that was his full time job, but my reply was more to ' it's been popular 10 years ago,now nobody can do it'.

Re: What's the most profitable programming hobby?

#37

Companies are making big bucks making apps for small business but they are relatively expensive. Write one app that is useful for one business type,you need to focus, and reuse the same over and over again using the original as a template. Charge a one time fee and an on going maintenance fee. So MAYBE, 5000 for the app plus 750 yearly fee. You'll need to define what you will do for the 750 otherwise you will end up…

750 per what unit of time? 1 year that’s not enough to even get me to answer the phone.

Re: What's the most profitable programming hobby?

#38

If it is a hoppy then it is not supposed to be profitable.

No, if it's a hobby, it's supposed to be enjoyable. I do enjoy programming. I could enjoy iOS development as much as Android development or server development so why not combine that with making money?

why would you have an unenjoyable hobby? that's so incompatible that it's not even helpful to think about it that way.

a hobby seizes to be such once it's a business. i suppose for each the distinction between the two can be wide or narrow but it exists.

a business inherently involve transactions and this implies vastly more amount of responsibility.

Re: What's the most profitable programming hobby?

#39
post #30

Earlier quoted context omitted.

As a hobby?

No, that was his full time job, but my reply was more to ' it's been popular 10 years ago,now nobody can do it'.

I mean, he's just an AI/ML consultant. Is he also the one coming up the financial logic? At this point it's basically Finance PhDs coming up with the ideas and then the AI consultants are building the system. If he was coming up with the ideas, then $300k is extremely underpaid.

Re: What's the most profitable programming hobby?

#40

Companies are making big bucks making apps for small business but they are relatively expensive. Write one app that is useful for one business type,you need to focus, and reuse the same over and over again using the original as a template. Charge a one time fee and an on going maintenance fee. So MAYBE, 5000 for the app plus 750 yearly fee. You'll need to define what you will do for the 750 otherwise you will end up…

>> You'll need two abilities, being able to write the app and to sell your app services to businesses

They just need one ability, the ability to sell the app services to businesses. Everything else will work itself out.

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