Home/Thoughts
Thoughts

Two Emails. One Reply. And He Called It Embarrassing.

When every send feels like a referendum on your entire business, you stop reading results and start managing feelings.

Is Your Cold Email Volume Holding You Back?
Enter your numbers below - find out if you have a volume problem or a conversion problem.
- Reply Rate
- Meeting Rate
- Pipeline Value
Reply Rate vs. Benchmark (10-15%)
Volume Score (target: 100+ sends/mo)

He told me he'd sent two cold emails last week and gotten one reply.

And his instinct - the thing he led with - was embarrassment. Not excitement. Not "holy shit, that's a 50% response rate." He said something like, "I know the email could have been shorter and better. The day after I sent it I was already cringing."

I had to stop him right there.

Because here's what actually happened: he sent two cold emails to total strangers about a business concept he hadn't fully validated yet, with a pitch he hadn't refined, to a market he hasn't worked in for over a decade - and half of them wrote back. That's not a failure. That's a signal. That's the market telling you something real.

But he couldn't read it that way. And the reason he couldn't read it that way is the same reason most people get stuck in outreach: when your volume is two, the emotional weight per email is so high that results stop being data and start being verdicts.

The Low-Volume Trap

When you send two emails, each one feels like a referendum on your entire business. You agonize over the wording. You reread it twelve times after you hit send. You find the three things you should have said differently. And then if someone replies, your first thought isn't "this is working" - it's "did they reply because of the email or in spite of it?"

That's not analysis. That's anxiety dressed up as quality control.

And it's a trap that I see all the time. Smart people - people who clearly have the skills and the background to succeed at this - get so locked into perfecting the individual email that they never send enough emails to actually learn anything. You cannot optimize from two data points. You cannot find your ICP from two data points. You cannot even know if your subject line works from two data points.

My answer to him was simple: just more of that. That's it. Not "make the email better first." Not "wait until you have a landing page." Just more. Send twenty. Send a hundred. Get enough reps in that a single reply stops feeling like a cosmic judgment and starts feeling like one data point in a dataset.

When I started cold emailing - I'm talking about back when I was in college with no contacts, no network, no money - I sent 20 emails one day and booked 8 meetings. The next day, 20 more emails, 4 more meetings. Third day, 20 emails, 6 more meetings. That's nearly 20 meetings from 60 emails in three days. I wasn't agonizing over each individual send. I was running the process.

The math doesn't work when your denominator is two.

What He's Actually Building

Let me give you the context here because this guy's situation is interesting and the offer he's sitting on is genuinely good.

He spent years in recruiting - started back in the mid-2000s when LinkedIn was brand new and people still answered their phones. Scaled up fast, went out on his own, ran into the classic recruiter problem: getting clients was fine, but sourcing candidates was expensive. So he transitioned to in-house contract work, where the advertising budget was already there and candidates came to him. Killed it. Built that into a small team, $100K a month in revenue, sold his stake to his partner and walked.

Then spent a decade doing software engineering. He's decent at it. But he was a much better recruiter.

So he's coming back to recruiting - but smarter this time. And the angle he identified is sharp: he wants to focus on high-volume, lower-barrier positions. The jobs where the problem isn't finding candidates, it's that there are too many candidates. Data center techs. Support roles. Positions where 400 applications come in and the HR team's eyes glaze over trying to screen them.

He told me this story about walking into a client's office and seeing the HR director and her generalist staring at 400 applications for a data center tech role, totally overwhelmed, talking about building questionnaires and automated workflows to try to manage the pile. He offered to take a crack at it. Walked over to the hiring manager, asked him to name the three to five things that actually mattered for the job. Guy said: can you lift 50 pounds, can you run cable cleanly, are you comfortable rebooting a Linux machine?

None of that was in the job description.

He went back to the application stack, called anyone who mentioned hardware, electronics, or cabling, asked those three questions, and had three interviews lined up within a couple of hours. They hired one. Everybody was happy. He said it was less than 10% of the effort the HR team was about to spend doing it the complicated way.

That's the offer. That's the case study. That story - from 400 applications to three filtered interviews to one hire in an afternoon - is more compelling than any website copy. And the market problem he's identified is real: the flood of applications into entry-level and mid-level jobs has only gotten worse. People can one-click apply now. The problem isn't candidate scarcity. The problem is noise.

He has a legitimate niche, real experience, and credible clients on his resume - Walmart, HP, Apple, Wealthfront, plus a bunch of SF-area tech startups. When he reaches out to a 50-person company that's drowning in applications for a support role, he's not a rando. He's a guy who's solved exactly this problem for companies much bigger than theirs.

And he got a 50% reply rate on his first two outreach attempts.

And he was embarrassed.

Why the Emotional Math Is So Hard at Low Volume

I want to explain why this happens, because it's not a character flaw. It's almost mechanical.

When you're at low volume, every send carries the full weight of the business decision you're making. You're not just sending a cold email. You're testing whether your offer is good, whether your market is real, whether the last decade of your career has set you up for something, whether you're going to be able to leave your day job. All of that is loaded into a 150-word email to a stranger.

Under that kind of weight, it's almost impossible to read results objectively. A reply becomes "they took pity on me" or "I got lucky." No reply becomes "the whole concept is broken." You're not running an experiment. You're seeking validation.

He even said it directly: he was looking for help partly to reduce the learning curve, but also because he knew himself - he has ADHD, he gets disorganized when the volume of manual work climbs, and he'd already seen the pattern play out in his recruiting days where he'd land clients, service them, neglect the pipeline, and then start from zero again.

He knew the trap. He just needed the framework to get out ahead of it.

The answer - the one that actually works - is to get volume up fast enough that the individual email stops mattering emotionally. Not because you stop caring about quality, but because when you're sending a hundred emails, the question "was that email good enough?" gets replaced by "what's my reply rate across the last hundred sends?" That's a real question you can answer. You can measure it. You can improve it. You can run it like a scientist.

At two emails, you're managing feelings. At two hundred, you're managing a funnel.

Free Download: 7-Figure Offer Builder

Drop your email and get instant access.

By entering your email you agree to receive daily emails from Alex Berman and can unsubscribe at any time.

You're in! Here's your download:

Access Now →

The Setup He Already Has (And What Comes Next)

He'd already done more than most people do before their first coaching call. He'd set up a Smartlead account. He'd bought two domains - one on Outlook, one on Google - gone through the DNS setup, DKIM, DMARC, all of it. He'd signed up for Clay but hadn't dug in yet.

Good foundation. Here's the context I gave him on how the tools stack together, because this confuses a lot of people:

Apollo (or a tool like ScraperCity's B2B lead database) is your source. It's where the contacts live. You're filtering by company size, industry, whether they have an in-house recruiter or not - whatever the targeting logic is - and pulling a list.

Clay is the connective tissue. It's like a spreadsheet that plugs into 80-plus tools. So if you want to pull leads from Apollo, run their emails through a verifier, and then hit them with a personalized AI-generated first line - Clay is what ties all of that together without you manually exporting and importing between tools all day. In the old days you'd take a list, upload it to one tool to verify, download the results, upload to another tool to enrich - Clay collapsed all of that into one workflow.

Smartlead (or Instantly) is the sending layer. That's where your sequences live, where emails go out on schedule, and where you monitor the master inbox to catch replies. You need to be in that inbox. Not a VA. Not a virtual assistant. You - at least to start.

I told him flat out: don't outsource the replies yet. I know the instinct is to hire someone to handle the inbound so you can focus on other things. But right now he's still figuring out what his offer actually is, what the price should be, which companies are the best fit. Until you know all of that, every conversation in that inbox is data. You need to be reading it yourself. The moment you hand that off, you lose the feedback loop that would have told you what to change.

This is one of the things I feel strongly about: I've never seen anyone succeed by hiring a bunch of done-for-you agencies while they're still in early validation. You need the reps. You need the friction. That's where the learning is.

For his list-building specifically, given that he's targeting companies of 20 to 100 people that don't have their own recruiter, the trigger-based targeting is actually solid. Tools like the Apollo scraper let you filter by headcount and cross-reference for HR titles - if a 60-person company has no one with "recruiter" or "talent acquisition" in their title, that's a live lead. You can build a very clean list from that signal alone.

He also asked about the LinkedIn side, and whether he needed a website. Short answers: yes on LinkedIn, later on the website. Recruiters live on LinkedIn. His profile right now is showing him as a software engineer - which is fine for his day job but wrong for this business. He needs to reposition around his recruiting background, his results, and the specific niche he's going after. The name-brand clients he worked with - Apple, HP, Walmart - those go front and center. That's the credibility line that turns a cold email from "some random guy" into "a guy worth talking to."

The website can come later. Spin up a Squarespace with some simple copy once you know what's resonating. Don't spend $5,000 building something before you've had ten sales conversations.

The Number He's Chasing (And Why It's Achievable)

We talked through the math toward the end of the call and I want to put it here because it's useful.

He said his target - the number that would let him walk away from the day job and live without financial stress - is around $20K a month. That's the goal. Everything else is in service of that number.

So let's work backward. He mentioned a previous client - a non-profit - where he was filling jobs at $4,000 per placement, and they were happy to pay that all day long. If he's filling 10 jobs a month at $4K each and keeping half, that's $20K. Done. That's the goal hit.

10 placements a month at $4K isn't a massive operation. That's not a hundred-person agency. That's one person who's good at this, with a clean pipeline, and a process that works. He told me he thinks he filled around 50 jobs for one client alone over six months, just by himself, using Craigslist and a Gmail account and a spreadsheet. Before there were modern outbound tools. Before Clay, before Smartlead, before any of this infrastructure.

Now he's got all of it. The only thing standing between him and the goal is reps.

And yes, once you're at a million in revenue and thinking about what to do with it, there are real questions about whether you stay an agency model (you might get 0.3x to 1x revenue on a sale) or whether you build in some kind of recurring retainer model that pushes you toward SaaS-style multiples. Those are good problems. But you solve them after you have clients - not before.

The Only Cure for Outreach Perfectionism Is Volume

I've been doing cold email since before most people in this space had heard of it. I've written thousands of emails myself. I've helped build systems that generated over $100 million in leads. I've made the embarrassing mistakes - I was once told an email I sent was the worst the recipient had ever read. They still booked a call. They lectured me about the quality of my email on the call. And then they bought.

The lesson is not that email quality doesn't matter. It matters. But it matters a lot less than you think when your volume is in the single digits, and it matters a lot more when you have enough data to actually measure it.

If you're sitting on an idea you believe in, and you've sent a handful of emails, and you're spending more time second-guessing the copy than you're spending sending new emails - this is the thing I want you to hear: the embarrassment you feel about those early emails is not quality control. It's the emotional tax of low volume. The only way to reduce the tax is to increase the volume until the stakes per email drop low enough that you can actually read the results.

He had a 50% reply rate. He was embarrassed. Those two things can't coexist at scale. At scale, 50% is a number you celebrate and then try to repeat and then try to beat. At two emails, 50% is "I got lucky and the email wasn't even good."

Just send more.

If you want the frameworks I use for structuring cold email sequences - the specific templates that actually get replies - grab the Top 5 Cold Email Scripts. And if you're at the stage where you want to work through this directly with a coach and a community of people who are actually doing it, check out Galadon Gold - that's where calls like this one happen every week.

The market gave him a green light. He just needed permission to take it seriously.

Ready to Book More Meetings?

Get the exact scripts, templates, and frameworks Alex uses across all his companies.

By entering your email you agree to receive daily emails from Alex Berman and can unsubscribe at any time.

You're in! Here's your download:

Access Now →