From Bangalore too. Amateur programmer, but have a ton of experience and networks in a niche sector. I pull in decent amount of money in passive income.
(1) I would say focus first on value rather than money. I delivered my service for free or on trial basis for almost 6 months before clients signed up to pay.
(2) As a freelancer, focus on long-term retainer relationships, built on your value-proposition. And work with clients who have solid reliable cash flows. This way, your income would be guaranteed via 1-2 year contracts.
(3) Please stay away from consumer focused businesses/services if you are looking for small side income (this can be your focus for your big main start-up idea). B2B is always better. The only exception I think is if you get lucky in the app economy or if you could build 1m+ page-view site (Amit Agarwal)
(1) I would say focus first on value rather than money. I delivered my service for free or on trial basis for almost 6 months before clients signed up to pay.
(2) As a freelancer, focus on long-term retainer relationships, built on your value-proposition. And work with clients who have solid reliable cash flows. This way, your income would be guaranteed via 1-2 year contracts.
(3) Please stay away from consumer focused businesses/services if you are looking for small side income (this can be your focus for your big main start-up idea). B2B is always better. The only exception I think is if you get lucky in the app economy or if you could build 1m+ page-view site (Amit Agarwal)