Nick Saraev Daily Update Wednesday, August 6
Key Money-Making Insights
Nick emphasizes focusing on input goals rather than output goals for sustainable revenue growth. His proven cold email system generated revenue through a $1,980 setup fee plus 7% of revenue model. The key to overcoming client objections is offering risk-free guarantees where clients only pay infrastructure costs while you guarantee your management fee.
Top Money-Making Q&As
Question 1
How would you set up a cold email system for a client and what would you charge for retainers?
My old offer was a $1,980 setup fee plus 7% of revenue. A good model is a setup fee, a monthly retainer, and a pay-per-lead fee. A rev-share model can help close clients who are cheap. Search my channel for 'Nick Saraev cold email' to see how I set it up.
Question 2
I'm struggling to close lead gen clients because I don't have a risk reversal or budget for guarantees. How did you handle this in the early days?
You don't need a budget for a guarantee. The client pays for the system costs (e.g., software subscriptions) directly. You only guarantee your management fee. If you fail to deliver, you refund your fee and make $0. The client still gets some results for a low infrastructural cost. It's a no-brainer offer for them.
Question 3
I plan to join Maker School and reach $15k/month in revenue within 60 days by booking 1-2 meetings per day. Is this realistic?
No. You're focused on output goals (money) instead of input goals (actions). There's a lag between input and output. You don't know what you don't know. Focus on consistent inputs, like sending a set number of proposals daily. You'll surpass any output goal you could have set. Life is exponential, not linear.