Best Online Business To Start As A BEGINNER (2024)

Jimmy Fung presents a short training aimed at beginners, arguing most online business attempts fail because people choose the wrong business model and try to learn too many skills. He recommends a beginner-friendly cold-email lead generation business (sending outreach emails to B2B companies) as a way to make $10,000/month, supports the claim with his personal results and student testimonials, outlines a three-step process (pick niche & craft offer; deliver service & build case studies; scale with larger clients), and closes by pitching his one-on-one consulting program Inbox Lab IO.
Let me let you in on a little secret. 90% of people who either try to start a side hustle or who try to start an online business, they actually fail before they even make their first dollar online. And let me tell you why. Now the reason why is because most people, they're choosing the wrong business model, meaning they're setting themselves up for failure before they even get started. So it's no wonder why most people start the business and quit within six months. So if you don't want to be part of that 90% then, then here's what you need to do. There are 20 year olds getting paid as much as a doctor every single month and without having any previous work experience. So look, if you click this short video, it's because you want to create an online business. So pay attention because I'm about to show you a new business model where you can make $10,000 a month by sending emails. Now I want to respect your time here and keep this training below 20 minutes. But before I do, I'd like to be 100% transparent here. So I have to say this, just because I got these results doesn't mean you will. After all, I did discover how to do this. So I always like to make this clear at the beginning of any training. But What I can 100% guarantee is that what you're about to see are the results of other regular average people who are using the simple, beginner friendly business model that I'm about to share with you today. Like Brian here who made $11,000 halfway through this month in January with no prior experience. Or like Michael, who just closed out his second month with his business model making $13,000 after making $3,000 in his first month. So in case we haven't met yet, my name is Jimmy Fung and when I first discovered this business model, I made $10,000 in 22 days. In December 2022, I made $10,502.70 to be exact. So if you're looking for the best business to start as a beginner in the next 20 minutes, I'm going to show you how you can make $10,000 a month by sending emails. So if you don't even have 20 minutes to invest in your financial future, well, I guess this business model isn't for you anyways. So this video is for you. If you want more control in your life where you're able to make $10,000 a month from any country in the world by sending emails for businesses, this is for you. If you have Spent thousands of dollars on outdated or ineffective courses teaching you the same old recycled information, but doesn't actually show you step by step how you can actually make money online. This is for you if you've spent months, maybe even years trying to make money. But this is not for everybody. This is not for lazy people, or for people who make excuses for why it doesn't work, or for those who who just consumes information after information but doesn't actually take action and put in the work. So let's get real. Most people who try to build a business, they actually fail. In fact, over 90% of businesses, they end up failing. And the reason why they fail isn't because they lack the motivation, and it certainly isn't because they lack the hard work. But the main reason why they fail is because they are trying to learn too many skills at once or they are selling something people don't actually need. So in order to make money and succeed with business models like smma, content agencies, copywriting, dropshipping, you actually need to learn a bunch of skills in order to actually make money. So for example, in smma you need to first learn how to get paid clients for your own business. Then after you sign clients, you still need to learn the actual service delivery. Or for content agencies, you need to learn the skill of getting clients. Then you need to learn how to edit content, graphic design, understanding trends, and all of that stuff. And on top of that, it's very saturated. I get messages like this every single day from people trying to pitch me content editing services. So for copywriting, you need to learn how to get clients and then learn how to actually do the copywriting for them. And it's not quite as simple as you think. It's also extremely saturated. And I get DMs like this D daily. Now for dropshipping, you need to actually start with thousands of dollars in order to buy and test different products. And you need to learn how to build a well converting store. You need to learn how to do paid ads, email marketing, and all of that stuff. And these are just some of the few of the most popular online business models. And because it's so popular, there are so many people doing it and it's extremely competitive. Or in other words, it's saturated now for each of these businesses. It also requires you to learn multiple skills in a short period of time in order to actually succeed. And it doesn't matter how hardworking or how smart you are, because you will not be able to master multiple skills such as paid advertising, email marketing, Lead generation all at the same time. And this was the exact same reason which kept me stuck for years. When I was first trying to build an online business, and before I stumbled across this business model which allowed me to make $10,500 in a 22 day period, I was actually flipping burgers at McDonald's for $14 an hour. I was also in a ton of credit card debt. I was in $15,000 in debt. And I knew the only solution was to figure out how to make more money by building a business. So I actually tried a bunch of different business models that you see online. I tried dropshipping. This was actually a product that I bought from China. And I tried selling and I actually went months without making a single sale. I then built a marketing agency where I signed two clients offering to work completely for free. But once I actually signed them as clients, I didn't know how to deliver the actual service since it required so many skills to be successful. And even though I gained valuable experiences from these failed business models, I always ran into the same two problems. The first was needing to learn multiple skills at the same time. And the second was not selling something that people actually needed. And if you try to build a business where you need a bunch of skills to succeed or you're selling something that people just don't want, you're pretty much toast. So after all of these failed business attempts, after buying countless courses and watching hours of YouTube videos for years and still not being where I wanted to be, I figured that I'll have to find a business model which solves both of these problems where I can make money by getting really good at one skill and then selling that exact same thing to people that actually needed it. And around this time I was in university and I actually landed a summer internship at IBM. I was working in tech sales and I specialized in helping IBM find new customers and selling the products to those people. And I did this completely by generating sales opportunities by sending emails. And I realized that the solution was right there all along, staring me right in the face like Mike Tyson staring at an opponent right in the eyes. Inside the ring, I figured, why not sell cold email lead generation as a service? I could use cold emails to land clients for myself and then help business owners generate sales opportunities for their own business as well. And pretty much this solved both problems I ran into from my previous failed business. I only needed to learn one skill, which is generating meetings using cold emails. And I was selling something that people actually needed. So I did a Google search and I Realized that there are more than 3 million B2B businesses in the US alone. And every single one of those businesses, they needed more customers. I was selling something to business owners that they actually needed. I was helping them get more customers, meaning I was helping them make more money. So then a light bulb moment happened and finally everything seemed to make sense. So in October 2022, I shut down my failed marketing agency and I started my own cold email lead generation business. And the business model works so well that by December 2022, around 60ish days later, I made $10,502 and 70 cents in a 22 day period for my own business. And I'm not sharing with you to impress you, but in the first seven months of 2023, so from January to the end of July, I actually made $150,000 by simply sending emails for businesses. And in 2023 I made over $300,000 by selling cold email lead generation to business owners. So if you want to start this beginner friendly business model and make $10,000 a month by sending emails, then here are the three steps that you need to take. So step one picking your niche and crafting a no brainer offer. So the biggest mistake you can make is starting and choosing a very specific niche. What you should do instead is pick a more general and broad industry. And the reason we want to work with B2B companies is because cold emails will work extremely well in a B2B niche. And, and if you work with the right types of companies, they'll be making enough money to pay you thousands of dollars a month. So some great Examples of great B2B niches include logistics companies, software development agencies, IT service companies, recruitment and HR agencies, accounting firms, and marketing and advertising agencies. Now all of these are great industries. So what you want to do is pick an industry based on your own personal experiences and, and preferences. So what you want to do afterwards is if you know, let's say you're picking a recruitment agency and you know that on average for one deal, a recruitment agency makes $25,000. And you also know that recruitment agencies, the main way they go and get clients is currently by word of mouth and referrals, then you could build that into your offer. And an example of a no brainer offer is we help recruitment agencies generate an additional 10 to 20 client meetings without relying on word of mouth or referrals. And helping you add $300,000 in the next 12 months by leveraging our outbound organic systems. And if you reach out to 5,000 leads every single month on behalf of your client's business by using cold emails. And you end up booking them five calls for each month. Within 12 months, you would have booked them 60 sales calls. And from those 60 sales calls, if they were to sign 10% as new clients, that's six new clients that they would not have been able to get if they did not work with you. And let's say each new client pays them $25,000. That means that they made $150,000 by working with you. And if you are helping them make $150,000, it completely makes sense for them to be paying you $2,000 to $3,000 every single month. So for example, in November, one of my clients signed two deals making him $68,000 in additional revenue from the meetings that we generated for him. And we got paid $6,000 for helping him do this. And it completely makes sense. So pretty much you are using the exact same process that you use to land clients for your own business, and you are using that for your own clients as well. Then your next step is to use an automated email sending tool such as Smart Lead AI to automate sending cold emails to business owners in your selected industry. And here's an example of an email you might send. Hey John, we help recruitment agencies generate an additional 10 to 20 client meetings without relying on word of mouth or referrals. Helping add $300,000 in the next 12 months by leveraging our organic outbound system. Mind if I share with you information about how this works? And once someone replies back and shows interest, you then want to book them in for a 45 minute strategy call to run through your service, how it works and your pricing. And because you were able to get them on a call with you through sending an email to them, you can literally say, hey John, think about how we were able to set up this call, we emailed you and we were able to set this conversation up. And essentially we'll be doing the exact same thing for your business. So what you're doing is you're walking them through your process with logic and showcasing a clear and direct return on investment. By working with you, you can then present them a performance based offer, meaning you only get paid depending on the calls that you generate for them. Make sure you are charging a setup fee between 2 and $5,000 to ensure that they are committed in their partnership. So once you start working with them as a client, you, you then want to build out the exact same system that you used to get them as A client for yourself and you want to do the exact same thing for their own business. So step two, delivering your service and building case studies. So the first thing you want to do is set up an onboarding call. Now on the onboarding call, you want to ask them different types of questions to understand their business, their specific products and services that they sell, and the type of problems that they solve. Now, with this information, you then want to use it to to craft different variations of emails that you would then use to send cold emails on their behalf. Do this for a few weeks and make sure you collect a case study with the results. So here is an example of results that you can use in a case study. What you want to do is you can use these case studies as a sales asset when you're reaching out to people over email, and you can use it when you're talking to new prospects about them while on an actual sales call. Then in step three, which is scaling your lead generation business and working with larger companies. So rather than try to sign 25 clients, each paying you $2,000 a month, what you want to do is you want to focus on working with a smaller group of larger businesses that can pay you more for your service. So working with five to 10 clients who are paying you $5,000 a month will let you make more money with less work, less headache and more time freedom and you will be able to have higher profit margins. And the reason why you want to work with larger companies is because they make more money and you are helping them find new customers, which will result in them making a lot more money. And because you are helping them make a lot more money, you will also be able to charge a lot more for your services and charge it at a higher price. Now this doesn't mean you can't work with smaller businesses, but what it does mean that as you are trying to grow your own business, you. You want to make more money while working less time and with less headaches. You want to aim to work with larger and larger companies instead. Focus on how much money your clients are making by working directly with you. Remember, business owners want to be spending money on sales and marketing because they know it will give them a return on their investments. Now I know all of this must sound super exciting, but a quick word of warning. If you try to do this alone, you probably spend a few months initially figuring out how to make this work. And this could happen because you picked the wrong niche. Maybe you don't know what to do to present your service to business owners. Or maybe you might make a few specific mistakes on your outreach efforts that could get your response rates close to zero. But if you can solve these problems, the rewards are definitely worth it. Because the reality is every business owner, they need new customers and there's simply not enough people who can fulfill such demand. So if you ever wanted to be big for something, this is it. And by using the most beginner friendly business model there is, a lead generation business, the question becomes how can you get results like this? Like Sadiq, who's a 23 year old from Pakistan who signed his first clients within 10 days into sending his emails. Or like Mark who got his first call and closed his first client within days of starting. Well, the first option is to take the information I've given you today and try to figure it out on your own. And it's definitely a viable option. And if you feel like that's the best for you, please go ahead. However, be aware that you most likely lose valuable months, maybe even years trying to figure out everything on your own. And long term it's probably going to cost you more money and be much more expensive. And considering you'd miss out on all the extra money you could have made if you just started out the right way from the get go. And finally your chance of quitting just goes way up if you get stuck. And that's exactly why I created Inbox Lab IO, a consulting program which takes you by the hand and shows you every single thing you need to do to go from zero to $10,000 a month with your lead generation business in the next 90 days. Now that's your second option. Choosing to work with me and be part of the best success stories. Now every single success story you've seen during this video has worked with me, where we take complete beginners with no previous experience in sales or marketing and we help you create your own lead generation business from scratch. We help you master generating meetings by sending emails, and we implement our plug and play process to get clients on demand. Clients who are paying you two to five thousand dollars a month. Because when you do it with help from experts who have walked the path you want to walk, it not only goes faster, but it also ends up being cheaper long term. A bit of well placed guidance can get you unstuck and give you confidence by having a proven process to follow. Not to mention it's way more fun to do it this way. And by the way, this is not a course, this is a one on one consulting program to ensure you make money with your lead Generation Business. And in the program we'll cover an excruciating detail, the whole process of finding leads, picking a niche, writing cold emails, how to sell and pitch your services to business owners, how to sign clients, how to get paid, how to onboard clients, and how to deliver the service it's itself. Remember, your current situation has zero impact on your chance of success with this business model. And the majority of people I work with, when they first start with me, they're starting out from step zero. Now you know why most people fail with courses and other programs. The reason why is what I call the failure cycle. People go through a course and inevitably they have a bunch of questions and problems along the way, but they have no expert to answer them and guide them through the process. So what happens is they get stuck and they end up feeling frustrated. And what happens is inevitably they end up giving up. Now with that in mind, I created weekly one on one consulting Calls Directly with me where we answer all of these questions and problems that you face along the way. We're living in the best moment in history to start your lead generation business. And the more you wait, the more you're losing out on thousands of dollars a month in deals that you could be getting paid today. Remember, businesses have already included these services in their sales and marketing budget for 2024. So if you're not the one getting paid thousands of dollars for sending emails, they're simply going to be paid to someone else who decided to take action instead. So you could either be the action taker who goes takes action and gets what's theirs, or you could be the watcher who watches on the sidelines and watches as other people succeed. The choice is yours. So if you want to learn how to make $10,000 a month by sending emails, click the calendar below this video and we'll jump on a call together over the next few days. And I can only physically fit so many calls. I'm only human. So don't wait to book a slot because the calendar will fill up fast. The calls are there on a first come, first served basis. So click the calendar below this video and we'll jump on a call together over the next few days.










