Nick Saraev Daily Update Wednesday, September 10
AI Money-Making Insights
Key Money-Making Insights
Nick reveals proven strategies for bootstrapping AI businesses with zero upfront investment, including taking 50% advance payments and leveraging hiring intent to pre-qualify leads. The most valuable approach is frontloading value by giving prospects free customized websites using AI, then converting them into paying clients for additional work and retainers.
Top Money-Making Q&As
Question 1
If you were starting a web design agency from scratch, what's the blueprint to get to $20-30k MRR?
Frontload value. Scrape a prospect's site, use AI to customize an HTML template for them, and give them the new website for free. Then, offer to do further customizations or future work for a fee. Show, don't tell.
Question 2
I have no money to start. Should I ask my first client for 50% advance pay to fund the work?
It's a reasonable bootstrapping method. If you offer a guarantee, take 100% upfront. If not, 50/50 is fine for projects under $10k. For larger enterprise projects, break payments into multiple milestones.
Question 3
What do you think about finding companies with job openings for receptionists and pitching them an AI receptionist instead?
Great strategy. You're using hiring intent to pre-qualify your leads. I did this all the time for my previous company by finding businesses hiring writers and pitching them our service. It works well.