Thanks to You Mate, I have realistic expectations for this bullrun. Got into crypto early this year and I have truly learned a lot from you about cycles, crypto and markets as a whole. Now I know that all assets/markets are heavily tied to each other and global economy has very high impact on Crypto. Thats why I am very cautious about when traditional markets top and how this affects Bitcoin and altcoins. If i havent discovered your channel I would have blindly holding instead of engaging the market........ I have managed to grow a nest egg of
IGM James Winfield is he's name. He is regarded as a genius in his area and works for Empower Financial Services. By looking him up online, you can quickly verify he's level of experience. He is well knowledgeable about financial markets.
He’s services are very genius and experienced in the market for over a decade and counting, they changed my life from a poor plumber to a better and middle class family man with 2kids.
I like to make contracts for maintenance for my clients. Charge a monthly fee for updates, availability check, error reporting. For the Premium plans I will include a few programming hours.
For developers there’s plenty of options for side income but research the industry, the space you are considering, gather information on competition and what had already been done in said industries, what can you offer that others haven’t.
Hosting is a no go! If you wanna work 24/7 with a lot of stress, okey. But don't expect to make money with it. Bin there done that, it's not worth the effort in my opinion
Then you’re doing it wrong ;) I’m hosting all of my created websites and that about 45k p/y for passive income. Sure there’s some extra work, but tell the client you need your own server for better/easier development and maintenance. With that story you don’t have to compete with cheap hosting providers
If you could elaborate the procedure a bit, if you are hosting don't you need a web programmer??? Who creates the hosting website like fast comet or hostinger websites, that's very complicated websites, offline hosting is fine, however it is definitely expensive , cost of maintaining servers and all and getting clients if you don't know them personally would be rare, so it's just good for conversations or utmost some passive income, what I am interested to know is there is so much automation in hosting sites, so are these things comes with host server softwares like wamp or cpanel or whmcs or the web programmer has to create all those procedures, that's the thing I want elaboration about, those appear as very complicated processes.
@@funreviews1436as a website developer I also host my customers sites acting as a reseller for an established host. They keep the service going and all I do is keep my customers CMS up to date, arrange backups etc. Since I’m also the web dev there aren’t really any support issues. Biggest tip I have is that there are two types of customers - those who want a website to promote their business and those for whom the website IS the business. If the hosting goes down for an hour (and eventually it will) the former probably won’t notice, the later will be having a panic attack and threatening to sue you. On the flip side the later will invest multiples more money in their site, but they are the ones who need 24/7 support.
These can be your active income, most big industries which are not on web or using online programs are barely surviving and are even found looking for genuine web programmers, so if you know how to create productive online programs and how to negotiate with them rather than coming under pressure you should earn a lot, however if you come under pressure and start working for less than obviously they will misuse you and pay your salaries to clerks instead.
after years of watching your videos i finally bought your StudioWeb course to start freelancing with your tools and see if i can get a couple of my saas projects going
Hi Uncle Stef...I've been seeing your videos here and there but I subscribed after this. I'm sure the internet appreciates you sharing your knowledge and experience.
I think there's a lot of small business in small towns here in U.S that don't have much, do you think this is a good opportunity? Restaurants are the most seen by me.
That's how most novices think. Maybe find a job, work for a few companies, check how many people are needed to get things run in, even for the smallest of companies.
@@bigbrother4everIs it a lot? I think half a dozen should be more than enough. I'm not American, but in my home country you can find quite decent web studios with three or four people
@ivanbadaev6621 contractors, yes. But a team that builds a useful app like SAAS? It does require a lot of people, not just tech people btw. Or at least a couple of people and some monet to throw on contractors, like probably the ones you are talking about. Just pick up the simplest of apps u know, like WhatsApp or something, learn how it started and evolved, and you will notice that it actually requires much more than meet the eye.
Thanks for showing us how old-school web developers can earn passive income by building SaaS products and offering hosting services-proving it's all about smart work, not just luck! ☕
I plan on creating a website like a "mini Coursera or Udemy" after graduation. My question is, can I use vanilla js and php to actualize this aim or MERN stack would be optimal? The site will provide ICA and ACCA courses in my country.
You'll have to build out things like form validation, authentication, and do db migrations manually. Can it be done? Sure. Should you do it? Not in production... Ask me how I know lol.
i'm junior sysadmin i love also website dev but i don't have web development skills THE PROBLEM is i don't know how to handle between web developmennt and sysadmin if i choose web development i need to leave all the 3 years of studying sysadmin please give me a solution, and thank u so much "sorry for my bad english "
Work as sysadmin, study webdev as a hobby and see if you really like it more. At a certain point you will choose what is more interesting for you, not to say that you could work in the middle of them as a DevOps specialist.
@@UTJK. Yes, but i'm fresh graduated so i need to give all my focus on sysadmin intil i find a job? then start learning web dev or what please help me i'm really confused and i don't know how i Can Handel this situation
@@cuteanimals9775 I guess the answer depends really on your life priorities. If you need a job to survive then you have no choice to make: capitalize on the knowledge you already acquired and start your career in sysadmin. Otherwise if you can allow yourself to don't work for antoher 6-12 months, then find a good course or bootcamp and go study to be a junior webdev, at that point you could see what you actually like more. Just consider that if you don't have family duties, if you're in your 20s, you could lightly start a career for a couple of years in a field, and then, without much thinking, switch into another one. To me, in any case, being a webdev (or even only a website designer) with a sysadmin experience is a plus, so that experience will not be lost. But first of all, I would try to understand if you really like programming for the sake of programming, because that's the prerequisite for being a dev.
So I get the SAAS stuff, but how do you for example get the school districts to be aware your product exists and solves a need they have? Did you advertise? Is there a SAAS marketplace?
Go to them with your product. That is what I have seen people do. e.g I have seen people going to shops to sell their POS systems. Tell them the benefits and if they are sane and it helps them in some way, they would buy your product.
No. You won't be able to build a saas solo. The smallest of functional app needs at least 2 dev or one heck of a dev, and a few people doing other stuff like marketing, customer support etc. People talk about their SAAS but they won't share the url with u because they didn't build sh*t.😂
@@bigbrother4ever I think there is a huge army of developers that can disagree with what you're saying. I can be the 1st... The reason we don't share URLs, simple, no need to publicly advertise things that are in production for clients. I'd be happy to spin up a demo for you though, but I'm busy dealing with clients...
@AdhamNasr-ik7yn you claim it is passive and you are busy dealing with clients? Sounds a little ironic to me, for from my first comment all I am saying is saas is not and cannot be passive. How exactly are you disagreeing with me?
Actually if you have rich uncle from Nigeria, you can send thousands of letters to people in the world and ask them about money they can send to you to got your uncle legacy. (Sorry, I'm joking, not take that to serious) 😂
SAAS as a passive income?😂😂😂😂. Yeah right. You are so good you are going to write some code that will never break, the users will use it exactly as intended, your library wont need an update, hosting will always cooperate...and no support whatsoever.
If your SAAS is making money you hire developers to take care of updates. You host with a fully managed VPS so you have no issue with hosting since it is fully managed. And user support requests will diminish as your SAAS becomes more mature and you tie up then lose ends … and you hire a tech support person. Believe me, this is how it plays out unless you are growing extremely fast. In that case, you’ll have the money to hire staff.
@StefanMischook oh you mean you become a vc investor ? OK I see that's passive. Else you are a CEO and no, CEOs income isn't passive. Three are heaps of mature saas out there from the giants googles to small and struggling ones, can you point us to anyone of those that's is passive, unless once again you are talking of Amazon once it was big enough for Bezos to not have to run it?
@tuananhdo1870 who said you have to work 40 hour a week? And i would argue that if you work for yourself you stand a chance of working more than 40 hours a week. Things break on weekend. Things have to run even when you are sick. Etc. Only those who haven't run a business think that running a business is a walk in the park...and yes by the time you build something and want people to pay for it, it has become a business...and unlike a job where u do your hours and go home, in your business you will be a front end and back end dev, a dB guy, a cloud guy, a product guy, QA, ...but that's the tip of the iceberg. You need to sell to someone. You need to keep them happy. How about finances, tax, insurance, legal cover etc.
Thanks to You Mate, I have realistic expectations for this bullrun. Got into crypto early this year and I have truly learned a lot from you about cycles, crypto and markets as a whole. Now I know that all assets/markets are heavily tied to each other and global economy has very high impact on Crypto. Thats why I am very cautious about when traditional markets top and how this affects Bitcoin and altcoins. If i havent discovered your channel I would have blindly holding instead of engaging the market........ I have managed to grow a nest egg of
IGM James Winfield is he's name. He is regarded as a genius in his area and works for Empower Financial Services. By looking him up online, you can quickly verify he's level of experience. He is well knowledgeable about financial markets.
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
IGM James Winfield strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
Really you people know him? I was even thinking that I'm the only one he has helped walk through the fears and falls of trading
He’s services are very genius and experienced in the market for over a decade and counting, they changed my life from a poor plumber to a better and middle class family man with 2kids.
I like to make contracts for maintenance for my clients. Charge a monthly fee for updates, availability check, error reporting. For the Premium plans I will include a few programming hours.
That works too.
I do that too, maintenance, content management, and sql reports. Once in a while the client wants new plugins and theme customization, thats extra.
For developers there’s plenty of options for side income but research the industry, the space you are considering, gather information on competition and what had already been done in said industries, what can you offer that others haven’t.
Side income yes. Passive income NO
Thanks for your knowledge Uncle. ❤
Welcome!
Hosting is a no go! If you wanna work 24/7 with a lot of stress, okey. But don't expect to make money with it. Bin there done that, it's not worth the effort in my opinion
Yea, it’s pretty bad.
Then you’re doing it wrong ;)
I’m hosting all of my created websites and that about 45k p/y for passive income. Sure there’s some extra work, but tell the client you need your own server for better/easier development and maintenance. With that story you don’t have to compete with cheap hosting providers
If you could elaborate the procedure a bit, if you are hosting don't you need a web programmer??? Who creates the hosting website like fast comet or hostinger websites, that's very complicated websites, offline hosting is fine, however it is definitely expensive , cost of maintaining servers and all and getting clients if you don't know them personally would be rare, so it's just good for conversations or utmost some passive income, what I am interested to know is there is so much automation in hosting sites, so are these things comes with host server softwares like wamp or cpanel or whmcs or the web programmer has to create all those procedures, that's the thing I want elaboration about, those appear as very complicated processes.
@@funreviews1436as a website developer I also host my customers sites acting as a reseller for an established host. They keep the service going and all I do is keep my customers CMS up to date, arrange backups etc. Since I’m also the web dev there aren’t really any support issues. Biggest tip I have is that there are two types of customers - those who want a website to promote their business and those for whom the website IS the business. If the hosting goes down for an hour (and eventually it will) the former probably won’t notice, the later will be having a panic attack and threatening to sue you. On the flip side the later will invest multiples more money in their site, but they are the ones who need 24/7 support.
Funny how it is mentioned as passive income 😂😂😂
These can be your active income, most big industries which are not on web or using online programs are barely surviving and are even found looking for genuine web programmers, so if you know how to create productive online programs and how to negotiate with them rather than coming under pressure you should earn a lot, however if you come under pressure and start working for less than obviously they will misuse you and pay your salaries to clerks instead.
after years of watching your videos i finally bought your StudioWeb course to start freelancing with your tools and see if i can get a couple of my saas projects going
Thanks and cool! 😎
Sell courses teaching Ruby? j/k
Hi Uncle Stef...I've been seeing your videos here and there but I subscribed after this. I'm sure the internet appreciates you sharing your knowledge and experience.
I appreciate that
can you talk about resume and how to make a good one for web developer, and thank you sm
Very informative thank u very much sir
I am right now almost finished my learning of php js mysql and starting react and node js , any advice ?
I think there's a lot of small business in small towns here in U.S that don't have much, do you think this is a good opportunity? Restaurants are the most seen by me.
That's how most novices think. Maybe find a job, work for a few companies, check how many people are needed to get things run in, even for the smallest of companies.
@@bigbrother4everIs it a lot? I think half a dozen should be more than enough. I'm not American, but in my home country you can find quite decent web studios with three or four people
@ivanbadaev6621 contractors, yes. But a team that builds a useful app like SAAS? It does require a lot of people, not just tech people btw. Or at least a couple of people and some monet to throw on contractors, like probably the ones you are talking about. Just pick up the simplest of apps u know, like WhatsApp or something, learn how it started and evolved, and you will notice that it actually requires much more than meet the eye.
Ruby ftw!
Thanks for showing us how old-school web developers can earn passive income by building SaaS products and offering hosting services-proving it's all about smart work, not just luck! ☕
Glad it was helpful!
Hehehe. SaaS as passive. 😂😂😂😂
I plan on creating a website like a "mini Coursera or Udemy" after graduation. My question is, can I use vanilla js and php to actualize this aim or MERN stack would be optimal? The site will provide ICA and ACCA courses in my country.
You'll have to build out things like form validation, authentication, and do db migrations manually. Can it be done? Sure. Should you do it? Not in production... Ask me how I know lol.
There is a youtube channel called Nayyar Shaikh and he teaches how to make a course website using wordpress. Give it a try.
@@romantaylorhmmmm. thanks, man. and i'm replying with a different account 😂😂😂
It's best to stick to what you're most comfortable with. You could code it in python or ruby just as well as PHP or nodejs
So all bad ones for current times
Hehe
This
Uncle thanks
I wouldn’t call hosting a passive income. You need to manage that 24/7.
Depends how you set it up. That said, I agree … in the early days it’s a freaking pain until you get enough clients to outsource support.
i'm junior sysadmin i love also website dev but i don't have web development skills THE PROBLEM is i don't know how to handle between web developmennt and sysadmin
if i choose web development i need to leave all the 3 years of studying sysadmin
please give me a solution, and thank u so much
"sorry for my bad english "
Work as sysadmin, study webdev as a hobby and see if you really like it more. At a certain point you will choose what is more interesting for you, not to say that you could work in the middle of them as a DevOps specialist.
@@UTJK. Yes, but i'm fresh graduated so i need to give all my focus on sysadmin intil i find a job? then start learning web dev or what please help me i'm really confused and i don't know how i Can Handel this situation
@@cuteanimals9775 I guess the answer depends really on your life priorities. If you need a job to survive then you have no choice to make: capitalize on the knowledge you already acquired and start your career in sysadmin. Otherwise if you can allow yourself to don't work for antoher 6-12 months, then find a good course or bootcamp and go study to be a junior webdev, at that point you could see what you actually like more. Just consider that if you don't have family duties, if you're in your 20s, you could lightly start a career for a couple of years in a field, and then, without much thinking, switch into another one. To me, in any case, being a webdev (or even only a website designer) with a sysadmin experience is a plus, so that experience will not be lost. But first of all, I would try to understand if you really like programming for the sake of programming, because that's the prerequisite for being a dev.
So I get the SAAS stuff, but how do you for example get the school districts to be aware your product exists and solves a need they have?
Did you advertise?
Is there a SAAS marketplace?
Go to them with your product. That is what I have seen people do. e.g I have seen people going to shops to sell their POS systems. Tell them the benefits and if they are sane and it helps them in some way, they would buy your product.
No. You won't be able to build a saas solo. The smallest of functional app needs at least 2 dev or one heck of a dev, and a few people doing other stuff like marketing, customer support etc. People talk about their SAAS but they won't share the url with u because they didn't build sh*t.😂
@@bigbrother4ever I think there is a huge army of developers that can disagree with what you're saying.
I can be the 1st...
The reason we don't share URLs, simple, no need to publicly advertise things that are in production for clients.
I'd be happy to spin up a demo for you though, but I'm busy dealing with clients...
@AdhamNasr-ik7yn you claim it is passive and you are busy dealing with clients? Sounds a little ironic to me, for from my first comment all I am saying is saas is not and cannot be passive. How exactly are you disagreeing with me?
@@bigbrother4everyou can solo do it. Ask devaslife UA-cam channel
Instead of charging one big upfront free, charge a monthly fee for the website?
Possibly. That’s actually the model of many web builders.
Uncle stuff please I need a job, even if its unpaid, I am a web developer from Nigeria, I know html, css, Bootstrap, php, git, mysqli .....help me
Then you will figure it out
build a portfolio showcasing your projects and start looking for clients as a freelancer
Actually if you have rich uncle from Nigeria, you can send thousands of letters to people in the world and ask them about money they can send to you to got your uncle legacy. (Sorry, I'm joking, not take that to serious) 😂
@ukrainian333 😅😅😅 I tried but people are wiser 😌
@ichbinhier355 I have a portfolio but it's soo hard getting jobs on upwork, and similar sites, I'll keep trying though
Not sure SaaS is really passive
heck no its not
You won't even build a prototype if you are working alone, let alone selling anything 😂
Kinda blah if you are ignoring the customer support.
Are you by any chance of romanian origin? Your name sounds quite romanian.
Ukraine
Invest in stonks lol
not that easy.
❤❤❤❤❤❤❤
SAAS as a passive income?😂😂😂😂. Yeah right. You are so good you are going to write some code that will never break, the users will use it exactly as intended, your library wont need an update, hosting will always cooperate...and no support whatsoever.
If your SAAS is making money you hire developers to take care of updates. You host with a fully managed VPS so you have no issue with hosting since it is fully managed. And user support requests will diminish as your SAAS becomes more mature and you tie up then lose ends … and you hire a tech support person. Believe me, this is how it plays out unless you are growing extremely fast. In that case, you’ll have the money to hire staff.
@StefanMischook oh you mean you become a vc investor ? OK I see that's passive. Else you are a CEO and no, CEOs income isn't passive. Three are heaps of mature saas out there from the giants googles to small and struggling ones, can you point us to anyone of those that's is passive, unless once again you are talking of Amazon once it was big enough for Bezos to not have to run it?
The point is you don’t need to maintain it 40h a week. I still consider it passive income
@tuananhdo1870 who said you have to work 40 hour a week? And i would argue that if you work for yourself you stand a chance of working more than 40 hours a week. Things break on weekend. Things have to run even when you are sick. Etc. Only those who haven't run a business think that running a business is a walk in the park...and yes by the time you build something and want people to pay for it, it has become a business...and unlike a job where u do your hours and go home, in your business you will be a front end and back end dev, a dB guy, a cloud guy, a product guy, QA, ...but that's the tip of the iceberg. You need to sell to someone. You need to keep them happy. How about finances, tax, insurance, legal cover etc.
you can't give advice about thikngs that worked for you in the 90s, come on wake up....