Developing software and creating digital services can create tremendous wealth.
Names like Bill Gates (everyone on the planet knows as the richest man in the world, and co-founder of Microsoft reported to have a net worth of $83 billion), Mark Zuckerberg, the co-founder of Facebook worth an estimated $33 billion or Larry Page and Sergey Brin co-founders of Google worth $30 and $29 billion respectively all have one thing in common, they started their careers as programmers.
But what is it about software (apps, games, software services) that makes it such a wealth generator?
Well, software is something you can create once and continue to continue to get paid for over and over. If you're a mechanic and you fix a car you get paid once. If you create a piece of code or software that’s essentially free to reproduce, you can keep getting paid over and over. Software is a huge industry with a large amount of competition, where even great ideas are sometimes just not great enough to sell or find a market for. However, software gives you the opportunity to create a single product, and, profit from it as long as people are willing to pay for it.
It doesn't stop there. Extremely popular software needs updates, support, marketing and plenty of other services, but a single developer has the freedom to create, distribute, and profit from their work thanks to the Internet.
Whether you’re an aspiring entrepreneur, business grad, marketer, social media guru or considering studying technology or computer science there's a world of opportunity waiting for you.