Nick Saraev Daily Update Wednesday, August 27
Key Money-Making Insights
Focus on digital niches with high-value clients for better margins and lead generation opportunities. Start with service businesses for immediate cash flow, then productize into SaaS for massive scaling potential. Consistent daily action beats perfectionism - send 10 Upwork proposals daily and prioritize revenue-generating activities over procrastination.
Top Money-Making Q&As
Question 1
Should I target real estate agents as my niche since my only social proof is in real estate?
Focus on niches that are digital, pay well, and where you have social proof. Digital is better for margins and lead scraping. Real estate can work, but only if you target high-value agents, like those in luxury markets, not every small-time agent.
Question 2
How many Upwork proposals should I send every day?
Ten per day. Minimum. Don't overcomplicate it, just hit the number.
Question 3
What are your thoughts on a startup versus a service-based business?
A service business makes money now but scales slower. A startup (SaaS) makes little money at first but can scale massively later. The best path is to start with a service business for immediate cash, then productize it into a SaaS to get the benefits of both.