🪄 Young Indian Method (YIM)

Hey,

The Spells Master is back!

Welcome to the 96th issue.

Today's topics:

1. Young Indian Method (YIM)

2. A tool to Perform Browser Automation Quickly using Browser Bots

3. One recommended video on Spiderwebs of Fake Sites to Boost a Money Site

Young Indian Method (YIM)

The Young Indian Method, in its simplest form, is about hiring cheap young workers from India & other 3rd world countries like Pakistan, Nigeria, South East Asia to do tasks like Web Development (creating websites) or Video Editing which you sell on for a huge markup to your clients without actually delivering the whole work.

The name was coined by a YouTuber and TikToker named @enard.ecom but it was inspired by the YouTuber Iman Gadzhi.

Iman recommended that solo entrepreneurs should outsource their labor to countries like Brazil, Romania and India where differences in exchange rates would allow them to pay their workers less on average.

The Young Indian Method tells you to start a business where you offer a service, such as graphic design, content marketing, video editing, or web design.

Later on, use Fiverr, Upwork, Discord, Reddit, Virtual Staff, or other online platforms to hire workers in countries where wages are typically low — such as India, Romania, Philippines — for much less than you charge. Keep the excess for yourself.

For context, $1m in a country like India means you can live as a king. Most youngsters make $300-$400 per month on average.

Less than 5% of India pays taxes so they are the only ones responsible to run 1.4 billion population.

There are entire Telegram Channels dedicated to the Young Indian Method.

But this isn't anything new.

Accenture has been doing this for decades. In fact, it is the 4th largest employer in the world with 733,000 employees in 2023.

They charge clients from USA, UK, and other rich countries a lot of money and they outsource their tasks to the cheapest talent in India.

For context, a $50000 project is done by an Indian worker paid merely $300-$400/month. Around 50% of Accenture employees are from India.

And its not just Accenture. TCS and InfoSys do the same. Dollar Arbitrage is real.

This is possible mostly due to India skipping industrial revolution and directly going into tech so there is no huge market for building physical things unlike China.

And due to huge population, there are too many people in tech now. There is quality but its lower than you think.

Hiring a good 3rd-world country worker is like being a hot girl on a dating app. You get 1000s of options but you have to sift through a lot of dirt to find gold.

But once you do that, you get insane margins for a very low cost.

You can hire 10 Indians for $1500 per month to do the job of 1 American with the salary of $15,000 per month to improve business margins massively.

And there are big solopreneurs making over $100k per month like JK Molina, Tibo, Ben Tossell employing this same strategy.

Combine the Young Indian Method with AI and you'll run insane margins. JK Molina runs his business on 95% margins with 1 VA.

You can replace India with any 3rd-world country and you'll find the same results.

A tool to Perform Browser Automation Quickly using Browser Bots

Axiom AI lets you perform Browser Automation without having to write any code.

It helped someone scrape 10k+ emails in a few days and pull sales and tax info out of them. It saved them $10,000 in labor and got the project done in 2 days instead of projected 75 days.

One recommended video on Spiderwebs of Fake Sites to Boost a Money Site

This video covers Satellite Networks in SEO.

Little money is addictive. Satellite Networks make you little money and distracts you from making big money which will only be achievable with focus. Learn what it is and avoid it at all costs with SEO or anything else.

Top Tweets of the day

1/

Most big companies are not innovation machines rather they are acquiring machines.

Google didn't create YouTube or Android. Google bought them.

Facebook didn't create Instagram or Whatsapp. Facebook bought them.

Once you nail distribution and money-printing mechanism, its cheaper to buy and scale to print more money than to innovate things from scratch.

Innovation requires ton of hands-on efforts. Most big companies are well-oiled machines that keep the engines going.

Don't confuse operators with innovators. They are 2 different people.

2/

YouTube's best kept secret is employing YIM to gamify the algorithm.

This will be patched if it gets too mainstream but you should definitely test it out if you use YouTube.

Rabbit Holes

1. Trending on the Hacker News homepage: 40,000 visits and £10,000 in revenue in 48 hours - Fun Fact: I submitted this blog post on Hacker News and it went really viral. Made this guy £10,000 in 48 hours.

2. 3 Irrational Beliefs that made me rich - Framing things in a certain way breaks beliefs. Jason Fladlien is a master of this. Some of his frames that I love: I will win because I'll run out of ways to lose and Until I can outsmart you I WILL outwork you.

3. Some things I believe by Nat Friedman (Former Github CEO) - Nat Friedman has great insights on startups: "You learn more per unit time because you make contact with reality more frequently" and You should probably work on raising the ceiling, not the floor.

Until next time,

Your Spells Master!

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More Startup Spells 🪄

1. Blackhat Sellers gaming Amazon using Multiple Brands (LINK)

2. Audience Growth using Cutting-Edge Tools (LINK)

3. Why Male Celebs Cater To Masculine Audience? (LINK)