Summary of How to Make F**k-You Money with Coding
Main Financial Strategies:
- Understanding Financial Freedom: The concept of "F-you money" varies from person to person, influenced by lifestyle and living costs.
- Long-Term Game: Coding is portrayed as a long-term career strategy rather than a quick way to get rich.
- Comparison with Trading/Crypto: Coding is positioned as a more reliable and sustainable income source compared to trading or cryptocurrency, which requires significant initial capital and carries higher risks.
Action Plan:
- Two Career Paths:
- Full-Time Employment:
- Learn programming languages (recommended: HTML, CSS, JavaScript, React).
- Potential to earn six figures, with the possibility of reaching multiple six figures in major tech companies.
- Opportunities for stock options and networking that can lead to entrepreneurial ventures.
- Freelancing:
- Faster entry (2-3 months) by learning WordPress and Shopify.
- Offers flexibility and the potential for unlimited income without corporate constraints.
- Development of meta-skills (sales, marketing, customer service) beneficial for future entrepreneurial endeavors.
- Full-Time Employment:
- Building a Freelance Business:
- Start as a solo freelancer and gradually build up income.
- Scale the business by hiring additional developers or assistants as workload increases.
Conclusion:
The video encourages viewers to choose the path that resonates most with them, emphasizing that programming is a valuable skill for future business opportunities.
Presenters/Sources:
The content is presented by an unnamed individual who shares personal experiences and insights into Coding and its financial potential.
Notable Quotes
— 07:18 — « If you really want to get to you money, you have to start a business or get into a business at the right time. »
— 07:26 — « Programming is the skill that's going to be here in the future and it is a long-term and in many ways that we don't even see yet. »
Category
Business and Finance