Nick Saraev Daily Update Monday, August 18
Key Money-Making Insights
Nick reveals strategies for scaling from $1k to $5k monthly through focused execution and premium pricing, with his students charging $1,500 per automation project. Speed-to-lead systems emerge as the highest-leverage automation for service businesses, while info product creators can monetize through AI coaches and CRM systems. At nearly $300k monthly, Nick emphasizes investing in experiences, health, and knowledge over material possessions.
Top Money-Making Q&As
Question 1
I'm making $1k/month freelancing on Upwork/Fiverr. Should I stick with that or start cold outreach to hit my $5k/month goal?
Keep doing what's working. Spend 80% of your time there and 20% experimenting with cold outreach. Also, charge more. My students sign $1,500 for a single project.
Question 2
What AI workflows would you recommend selling to the info product and marketing agency niches?
For info products: coaching management CRMs, AI coaches trained on their content, and speed-to-lead systems for new signups. For marketing agencies: also speed-to-lead and CRM systems, plus outbound cold email systems with AI-powered personalization.
Question 3
Earning almost $300k/month, what are your spending habits like and how has the money changed your life?
I've been a high earner for a while. The biggest changes were spending on experiences, health, and knowledge, like a private Muay Thai coach. I got a better car and use Ubers to work while traveling. I'm not big on material things. The most valuable part is the peace of mind.