05 - Making Money Guide 💰
Turn your hacking skills into cash - 7 proven ways that actually work
🎯 The Money Reality Check
Most guides tell you: "Learn for 2 years, then maybe get a job"
The truth: "You can start making money in month 2"
This chapter shows you exactly how.
🚀 Income Timeline (What to Expect)
Month | Skill Level | Income Source | Expected Earnings |
---|---|---|---|
1-2 | Beginner | Learning (Investment) | -$0-50 (tools/courses) |
3-4 | Novice | Bug bounties (easy) | $200-1,000 |
5-6 | Intermediate | Bug bounties + freelance | $1,000-3,000 |
7-12 | Skilled | Job applications | $5,000-8,000/month |
12+ | Expert | Multiple streams | $10,000+/month |
Important: These are realistic ranges based on hundreds of success stories.
💎 Path 1: Bug Bounty Hunting (Start Month 3)
What is Bug Bounty?
Companies pay you to find security vulnerabilities in their systems.
Pros:
✅ Work from anywhere
✅ Set your own schedule
✅ Unlimited earning potential
✅ Build reputation quickly
Cons: ❌ Inconsistent income initially ❌ High competition ❌ Need thick skin (lots of duplicates)
Top Bug Bounty Platforms
1. HackerOne - Best for: Beginners - Average payout: $500-5,000 - Getting started: Complete Hacker101 course first
2. Bugcrowd - Best for: Web app specialists - Average payout: $300-3,000 - Getting started: Start with "Kudos" programs
3. Intigriti - Best for: European hackers - Average payout: $250-2,500 - Getting started: Join their community Discord
Bug Bounty Success Formula
Step 1: Choose Your First Target - Look for "Easy" difficulty programs - Choose programs with wide scope - Avoid programs with many participants
Step 2: Reconnaissance
# Find subdomains
subfinder -d target.com | tee subdomains.txt
# Check which are alive
cat subdomains.txt | httpx | tee alive.txt
# Directory enumeration
cat alive.txt | xargs -I {} gobuster dir -u {} -w wordlist.txt
Step 3: Testing Methodology 1. Information gathering (30 minutes) 2. Automated scanning (60 minutes) 3. Manual testing (120 minutes) 4. Report writing (30 minutes)
Step 4: Report Template
# [VULNERABILITY TYPE] in [COMPONENT]
## Summary
Brief description of the vulnerability
## Steps to Reproduce
1. Step one
2. Step two
3. Step three
## Impact
What can an attacker do with this?
## Proof of Concept
Screenshots, videos, or code
## Suggested Fix
How to patch this vulnerability
Your First $1000 Plan
Week 1-2: Preparation - Complete profiles on all platforms - Choose 5 target programs - Set up testing environment
Week 3-4: Initial Testing - Submit 10 reports (expect 8 duplicates) - Learn from rejections - Refine methodology
Week 5-8: Scale Up - Target 20 programs - Focus on less popular targets - Automate reconnaissance
Expected Results: - 50+ reports submitted - 5-10 valid findings - $500-2,000 earned
💼 Path 2: Cybersecurity Jobs (Start Month 6)
Entry-Level Positions
1. SOC Analyst - Salary: $45,000-65,000 - Responsibilities: Monitor security alerts, investigate incidents - Requirements: Security+ certification, basic networking
2. Penetration Tester - Salary: $65,000-95,000 - Responsibilities: Test systems for vulnerabilities - Requirements: OSCP certification, hands-on experience
3. Security Consultant - Salary: $70,000-120,000 - Responsibilities: Advise companies on security - Requirements: Multiple certifications, business skills
Job Application Strategy
Step 1: Build Your Resume
Name: John Doe
Email: john@example.com
Phone: (555) 123-4567
OBJECTIVE
Entry-level cybersecurity professional with hands-on experience in penetration testing and vulnerability assessment.
TECHNICAL SKILLS
• Penetration Testing: Nmap, Burp Suite, Metasploit, OWASP Top 10
• Operating Systems: Linux (Kali, Ubuntu), Windows Server
• Programming: Python, Bash scripting, SQL
• Certifications: Security+ (in progress), CEH (planned)
EXPERIENCE
Bug Bounty Hunter (Self-Employed) - 6 months
• Identified 15+ security vulnerabilities across various web applications
• Earned $2,000+ through responsible disclosure programs
• Specialized in OWASP Top 10 vulnerabilities
PROJECTS
• Personal CTF Lab: Built vulnerable environment for testing
• Automation Scripts: Developed reconnaissance tools in Python
• Security Blog: Published 10+ technical articles
EDUCATION
Bachelor's Degree in Computer Science (if applicable)
Step 2: Portfolio Creation - GitHub: Upload your scripts and tools - Blog: Write about your findings (sanitized) - LinkedIn: Professional networking - YouTube: Optional - explain concepts
Step 3: Certification Path 1. CompTIA Security+ (Entry requirement) 2. CEH (HR loves it) 3. OSCP (Technical credibility) 4. CISSP (Management track)
Step 4: Interview Preparation
Technical Questions: - "Explain the difference between XSS and CSRF" - "How would you test for SQL injection?" - "Walk me through a penetration test methodology"
Behavioral Questions: - "Tell me about a challenging security issue you solved" - "How do you stay updated with security threats?" - "Describe a time you had to explain technical concepts to non-technical people"
🌐 Path 3: Freelance Security Consulting
Services You Can Offer
1. Vulnerability Assessments - Price: $2,000-10,000 per project - Duration: 1-2 weeks - Deliverable: Detailed report with findings
2. Penetration Testing - Price: $5,000-25,000 per project - Duration: 2-4 weeks - Deliverable: Executive summary + technical report
3. Security Training - Price: $500-2,000 per day - Duration: 1-3 days - Deliverable: Customized training program
Freelance Platforms
1. Upwork - Best for: Beginners - Commission: 20% (first $500), 10% ($500-10k), 5% ($10k+) - Tips: Start with lower rates, build reviews
2. Freelancer - Best for: Project-based work - Commission: 10% or $5 minimum - Tips: Bid on specific technical requirements
3. Direct Outreach - Best for: Higher rates - Commission: 0% - Tips: Cold email local businesses
Freelance Success Template
Proposal Template:
Subject: Security Assessment for [Company Name]
Hi [Name],
I noticed [Company Name] recently [relevant news/expansion]. With cyber attacks increasing 300% this year, I wanted to reach out about your cybersecurity posture.
I'm a penetration tester who has:
• Found 50+ vulnerabilities in similar companies
• Helped prevent $2M+ in potential losses
• Specialized in [relevant industry] security
I'd like to offer a complimentary security consultation where I'll:
1. Review your current security setup
2. Identify top 3 risks specific to your business
3. Provide actionable recommendations
This 30-minute call could save you from devastating breaches.
Would you be available for a brief call this week?
Best regards,
[Your name]
📱 Path 4: Digital Products & Courses
What to Create
1. Security Tools - Example: Automated vulnerability scanner - Price: $50-500 one-time - Platform: GitHub, Gumroad
2. Educational Courses - Example: "Web App Hacking for Beginners" - Price: $100-1,000 - Platform: Udemy, Teachable
3. Cheat Sheets & Guides - Example: "OWASP Top 10 Testing Checklist" - Price: $10-50 - Platform: Gumroad, Etsy
Course Creation Roadmap
Week 1: Research - Analyze competitor courses - Survey your audience - Define unique value proposition
Week 2-4: Content Creation - Write course outline - Record video lessons - Create supplementary materials
Week 5-6: Production - Edit videos - Design course materials - Set up sales page
Week 7-8: Launch - Soft launch to email list - Gather feedback - Public launch with promotion
🎓 Path 5: Teaching & Content Creation
YouTube Channel Strategy
Channel Ideas: - "Hacking Tutorials for Beginners" - "Bug Bounty Hunting Journey" - "Cybersecurity Career Advice"
Content Types: 1. Tutorial videos (How to use tools) 2. Walkthrough videos (Solving CTF challenges) 3. News commentary (Latest security breaches) 4. Career advice (Getting into cybersecurity)
Monetization: - Ad revenue: $1-5 per 1000 views - Sponsorships: $500-5,000 per video - Course sales: Drive traffic to paid courses - Consulting leads: Premium service offerings
Blog Monetization
Blog Topics: - Technical tutorials - Industry news analysis - Tool reviews - Career guidance
Revenue Streams: - Affiliate marketing: Tool recommendations - Sponsored content: Company partnerships - Email list: Promote your services - Lead generation: Consulting clients
📊 Path 6: Bug Bounty Automation Tools
Tool Ideas
1. Reconnaissance Automation - What it does: Automates subdomain enumeration, port scanning, directory brute forcing - Market size: Every bug bounty hunter needs this - Price point: $50-200/month subscription
2. Report Generation Tool - What it does: Converts vulnerability findings into professional reports - Market size: Freelance pentesters and consultants - Price point: $30-100/month
3. Target Monitoring - What it does: Monitors bug bounty programs for new targets and scope changes - Market size: Active bug bounty hunters - Price point: $20-50/month
SaaS Development Path
Month 1-2: MVP Development - Build core functionality - Basic user interface - Payment integration
Month 3-4: Beta Testing - Recruit 10-20 beta users - Gather feedback - Iterate on features
Month 5-6: Public Launch - Launch with introductory pricing - Content marketing - Community building
Expected Revenue: $500-5,000/month by month 12
🏆 Path 7: High-Value Consulting
Premium Service Offerings
1. Red Team Assessments - Price: $25,000-100,000+ - Duration: 4-12 weeks - Requirements: Advanced skills, team of experts
2. Incident Response - Price: $5,000-50,000 per incident - Duration: Days to weeks - Requirements: 24/7 availability, forensics skills
3. Compliance Auditing - Price: $10,000-75,000 per audit - Duration: 2-8 weeks - Requirements: Framework knowledge (ISO 27001, SOC 2)
Building Authority
Speaking Engagements: - Local meetups (start here) - Industry conferences (DEF CON, BSides) - Corporate events ($1,000-10,000 per talk)
Publishing: - Industry magazines - Technical blogs - Security research papers
Networking: - Join professional organizations (ISACA, (ISC)²) - Attend industry conferences - Engage on professional social media
💡 Universal Success Principles
1. Start Before You're Ready
- You don't need to be an expert
- Learn by doing real work
- Improve as you earn
2. Focus on Value, Not Price
- What problems do you solve?
- How much money do you save clients?
- Price based on outcome, not time
3. Build in Public
- Share your journey
- Document your learning
- Help others succeed
4. Diversify Income Streams
- Don't rely on single source
- Passive + active income
- Scale beyond trading time for money
📈 6-Month Income Plan
Month 1-2: Foundation
Goals: - Complete core skills training - Set up all necessary accounts - Begin building online presence
Expected Income: $0-200
Month 3-4: First Earnings
Goals: - Submit first 20 bug bounty reports - Complete first freelance project - Build initial portfolio
Expected Income: $500-2,000
Month 5-6: Scale Up
Goals: - Consistent bug bounty income - Regular freelance clients - Job interview process
Expected Income: $2,000-5,000
✅ Action Steps for Each Path
Bug Bounty Hunter:
✅ Complete HackerOne profile ✅ Choose 5 target programs ✅ Submit first report this week ✅ Join bug bounty Discord communities
Job Seeker:
✅ Start Security+ study plan ✅ Build GitHub portfolio ✅ Optimize LinkedIn profile ✅ Apply to 5 positions this week
Freelancer:
✅ Create Upwork profile ✅ Define service offerings ✅ Write first proposal template ✅ Research local business prospects
🔗 What's Next?
You now know how to make money.
But first, let's make sure you stay on the right side of the law.
NEXT: Chapter 6 - Staying Legal & Ethical →
"The best time to plant a tree was 20 years ago. The second best time is now." - Chinese Proverb
Your income journey starts with the first step. Take it today.