Nick Saraev Daily Update Thursday, July 10
Key Money-Making Insights
Nick emphasizes that demand generation is the most critical business skill, with proper cold email systems requiring $3 per application on Upwork and strategic proxy rotation for high-volume operations. US markets offer higher ticket values than Indonesian markets, but success depends on balancing average order value against market saturation and competition levels.
Top Money-Making Q&As
Question 1
How do you keep Upwork application costs low (around $2.5 per app), and what's the realistic cost per job?
Average is about $3 per application after boosts and connects. Cost varies by niche and boosting. Most people can get a gig every 15-30 apps. First gig is hardest. Track your own stats, but $3/app is a solid estimate.
Question 2
Should I focus on selling automations to local (Indonesia) businesses or US/Western clients? How do you decide which market to target?
Do both. Indonesian market: low ticket, low competition, high culture fit. US: higher ticket, higher competition, lower culture fit. Estimate avg. order value vs. saturation. Test both, see what works. No reason not to try both.
Question 3
Should I outsource direct outreach (cold calls, cold email) if it's my weak spot, or focus on what I'm good at?
Demand gen is the most critical skill in business. Even if you're not good at it, get better—it pays dividends. You can outsource, but you'll be stronger if you learn to do some yourself. 80% of business skill overlaps with lead gen.