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Is this how smart developers will become rich in 2025?

7 pointsby alexanderisoraover 2 years ago
Nowadays, There are 2 ways to become rich for a developer.<p>First, you can sell your hours to a company as an employee and earn its stocks. Eventually, you can get a lot of stocks, sell them, and become rich. This can work, but it is gambling. Why? Because you will only earn a significant amount of money if you join the right company at the beginning. No one will give you many Twitter-like company stocks today.<p>The second option is to build your own company and make an exit. Only 6% of companies make it to an exit. So if you are ready to play the big game, you can try. A try costs 7 years and 999 pounds of stress Enjoy!<p>There is a big downside that makes those 2 ways to become rich fail by design. They offer you to earn a pile of money. Then you will need to become a financial expert ASAP because your money will start to melt. Chances are, you will lose all your capital in 5-10-20 years.<p>Thus, you need to build streams of revenue, not a pile of cash.<p>Fine. You can create a plugin for a platform such as WordPress, or Shopify. Cool, but according to Shopify, the average app revenue is $2,138 monthly per app. Count on the risk of a platform going away and you will understand that this way will never give you financial freedom.<p>Making SaaS get recurring revenue from subscriptions sounds like an option. But eventually, 90% of all products fail. Does not sound like a bulletproof way to become rich either.<p>The ideas above may sound demotivating. This is because they are. The world does not have an acceptable way for developers to build their own financial freedom yet. A developer must be a strong person with great motivation to go through the stress and become rich.<p>So how will a smart developer do that in the nearest years? By creating micro-apps<p>Any modern developer has thousands of lines of code that they reuse. Those lines can be wrapped up into a full-stack module aka micro-app and sold to people who create apps for clients or for themselves for a monthly fee. For a developer, it will look like building 100 SaaS products but with less hustle. And with no need to market besides publishing them on the marketplace.<p>Some of your micro-apps will die unnoticed, some will be used by others and bring you cash. As years pass and you as a developer create more code and wrap it into micro-apps, your revenue stream grows. You will be paid not by a single employer, but by thousands of them. Which is way more sustainable.<p>Thoughts???

4 comments

pelcgover 2 years ago
&gt;...So how will a smart developer do that in the nearest years? By creating micro-apps<p>example?
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meiralealover 2 years ago
This is already happening for small useful smart contracts &#x2F; dapps like <a href="https:&#x2F;&#x2F;tokentool.app&#x2F;" rel="nofollow">https:&#x2F;&#x2F;tokentool.app&#x2F;</a>
schwartzworldover 2 years ago
I think this model exists in app development. once you make a sudoku game or running app, why not just reskin it and list it as many times as you can?
ianpurtonover 2 years ago
&gt; And with no need to market besides publishing them on the marketplace.<p>What marketplace?
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