Why Software Developers have priority boarding for this Flight to Freedom
If the global 2020-2021 Coronavirus pandemic taught the business world one thing, itβs that remote work and the flexibility it provides is loved by the majority of the workforce π
Not only have more and more people found the joys of working from home, but many have hung up their 9-5 hats in search of sustaining this freeing lifestyle.
The rise in self-employed opportunities, combined with the desire for flexibility, has caused what is fast becoming known as βThe Great Resignationβ π
Also known as the βBig Quitβ, this movement aligns itself with the rising availability of self-employment opportunities, with alternative forms of income now providing reliable and secure ways of quitting a 9-5 while still maintaining a high income.
From taking up freelance work contracts to setting up their own business or even creating their own Micro SaaS applications, software developers are using their valued skills to find new and exciting work opportunities.
And theyβre not the only ones, with over four million Americans quitting their full-time jobs in April of 2021.
As vaccination rates go up and businesses start asking their employees to return to work, many are affronted by one simple question - do I want to go back to the old way of working?
By its very nature, software can be developed from anywhere as long as you have a computer and an internet connection. Contrast that with βon-siteβ vocations such as plumbers, nurses, waiters, actors, etc where remote work just isnβt an option.
Given this, it should come as little surprise that after getting a taste of the potential freedom on offer, that resignations subsequently increased by 4.5% in Tech employees between 30-45 years olds.
Another reason that software developers are resigning is due to the high demand for their skills. There are a whole number of side hustles for software developers that are easy for them to start, using their skills to build websites, applications, or simply automate processes for others.
With their skills in demand and the lack of location dependence, software developers - now more than ever - are switching out their 9-5 for a more flexible form of working.
The flexibility offered during the work-from-home period of the pandemic showed a
large number of programmers just how liberating working in your own space can be.
Without the need to commute, people were suddenly blessed with extra hours of their
day and more control of their time.
Regarding time, an incredible 80% of US workers reported that prior to the pandemic, they didnβt have enough time to do everything they wanted to in their daily lives.
To work at a high-level in the corporate world, the general sentiment is that you have to give up
other aspects of your life - be it your social life, family life, time to yourself, or another one of your priorities.
This phenomenon of our work-life slowly overtaking our actual life is known as Time Poverty, with the hours available in the day not quite feeling like enough anymore.
The hours saved on commuting was the first eye-opening experience for many full-time developers, with those extra hours allowing them to reclaim an aspect of their Time
Poverty.
From there, the desire for freedom has only risen.
After a taste of the good life while working from home, many people are now determined to keep their work situation that way.
While many businesses are now
offering more flexible working schedules, some companies are rushing their employees
back to the office.
In retort to this, a huge 40% of White-Collar Americans have said that they would rather
completely quit their job rather than return to work. Itβs not particularly difficult to see
why, there is a whole range of benefits from working from home:
If youβre a software engineer that's fed up with your 9-5, your skillset puts you in an attractive position to be able to jump ship.
Your first thought may be to jump to a different company that promotes remote working.
Youβll want to bear in mind that youβll now be competing against a global resource pool and those remote-only roles will be in high demand due to the wave of
wannabe remote workers.
Alternatively, you might consider freelancing on sites like Upwork, which you can start as a side-hustle and slowly build it up over time.
However, both of the above are forms of Active Income, where you trade your hours for a fixed income. In a permanent role, youβre likely paid per month and freelancing youβre likely paid a day rate.
As part of this working revolution, software developers have started to realize they can use their existing coding skills to develop passive income streams via small SaaS
(Software as a Service) applications.
These βMicro SaaSβ apps are typically self-funded (generally just the founderβs time investment) and built by a solo founder to fix a problem for a specific niche audience.
These Micro SaaS create a stream of reliable monthly income for the founder.
Over time, by building up this income stream, software developers are able to comfortably make enough to match and exceed their current salaries.
Whatβs more, theyβre able to do so without putting in additional hours or dancing to someone else's
tune.
A great example of a successful Micro SaaS is the Closet Tools chrome extension, created by Jordan OβConnor to help his wife automate some of the tedious tasks on
Poshmark.
Little did he know heβd stumbled on a great Micro SaaS opportunity which led to him building his app up to $32k monthly recurring revenue as a solo founder!
Closet Tools on IndieHackers.com
If youβre a software developer looking to escape the 9-5, then take a look at my beginnerβs guide to building a Micro SaaS application. It details the whole process from
idea to exit.
Itβs a road Iβm familiar with as I was able to quit my job and enjoy a new found freedom through Micro SaaS.
With your existing software development skills, you might be
surprised by how easy it is to get started!
From remote only roles, to freelancing and creating Micro SaaS applications, The Great
Resignation is sweeping the globe, with more and more people embracing alternative
forms of working.
Rejecting the antiquated system of the 9-5, millions of software developers around the world are starting to think outside the box.
Theyβre figuring out how they can quit their corporate jobs and set out on a path to time and financial freedom.
Considering the rising availability of side hustles for a software developer, making the jump isnβt as hard as it once was.
The 9-5 corporate lifestyle continues to look less attractive as time goes on, especially for those motivated to change the way they work.