From $0 to $60k/mo In 24 Months (My Story)

Jimmy Fung started a lead generation agency in October 2022 after failing at dropshipping and SMMA. He signed his first $3,000 client in December and scaled to $50–60k/month within a year with 70–75% profit margins. The model: find businesses with problems, solve them with cold email outreach, sell the service.
So look, I went from zero to $60,000 a month with my own online business in literally two years. And a lot can change in literally a series of months. Because back in 2022, this is exactly what was happening, right? I was looking to make more money, and I decided to start an online business. I tried two other business models. I tried dropshipping and smma, and I completely failed. I didn't make a single dollar, nothing went well, didn't make money at all. And basically I kind of just failed, right? And I started my own business in October 2022. I started what is called a lead generation agency. I'm gonna talk a little bit more about what that is specifically. But when I first started my business, I was actually flipping burgers at McDonald's. I had no skills, I had basically no experiences other than the two failed businesses that I previously tried. And things weren't looking that well. I was also $15,000 in credit card debt, made some pretty bad financial decisions, and just really didn't have that much money. But I knew that I needed to figure out a way to just simply make more money. So then in October 2022, I started a lead generation agency. And just for a little bit more background context, what that is, is essentially I'm helping businesses. I'm working with businesses to help them find more customers and more clients. Because if you really think about it, what is the largest problem that a business can face? Well, the answer is a business's largest problem. The thing that keeps business owners up at night is figuring out where to find the next customer and where they can find the next client. And if I'm able to do that, or anyone who's able to do that, they'll make money, right? Because they're solving problems, right? That's how you make money in this world, right? Money isn't made. Money is given to you by other people. And the reason why people will give you money is, is because they have a problem and you can help them solve it. So that's basically what happened. I started my own lead generation agency in October 2022. I was helping businesses find more customers and find more clients. And what happened is, for the first month in October, I was learning how everything works, trying a bunch of different things. And by November, I was doing the exact same thing. I was just waking up every single day learning as much as I can. And By December, on December 1st, I actually signed my first client for $3,000. I. And by the end of that month, in December, I was at $10,000, right? I had made my first $10,000 in a single month. And basically that's the turning point of my life, the turning point of my own business. Because after that things just started taking off, right? The following months I scaled really, really hard. My business was growing really, really quickly. And I went from 10k to 20k to 30k to consistent 50k minds. And literally for the last year, I've been making between 50 and, and $60,000 every single month with between 70 to 75% profit margins, right? That's what I've been doing for literally the last month. And I literally remember that right after I had made my first $10,000. So back in December 2022, it was around, you know, the holiday season, New year season. So I actually woke up and I was like, screw it, I'm just going to buy a ticket to New York City, right? Because I watched all the movies growing up, like Home Alone, stuff like that. I thought New York would be a vibe on holiday, during the holidays, right? During Christmas, stuff like that. So I actually bought a plane ticket, flew out to New York and I stayed there, right? I rented a pretty nice hotel room with a whole landscape of the city skyline, all of those things, you know, it was really, really expensive. But for the first time in my life, I kind of felt what it felt like to not necessarily stress about money, right? Not necessarily stress about finances and do all of these things, right? I was able to just wake up, I. I was able to go and check out all of these really cool things. I surrounded by people with wealth, right? With money, stuff like that. And when I came back from that trip, I was more motivated than ever before because I saw what was possible. I knew that for me, I'm a young person. I'm 24 years old right now. When I first started, I was 22 years old and growing up, I didn't really have that much money again. I was working at McDonald's for the longest time. I just personally probably didn't even have like a thousand bucks in my bank account, that type of stuff, right? And when I first made my first $10,000 a month, it was a complete life changer, right? It completely shifted my mindset as to what was possible. Because the truth is, life is beautiful, right? There's so many things to experience in this world, but unfortunately, in order to actually experience those things, you need money, right? You can't experience life to the fullest if you just don't have money. If you don't have the time to be able to check out all of these things, right? And for myself when I was doing this, I was also in school, I was also in university, I was studying business. I'm not gonna like shit on schools or anything like that because I think schools has its place. It's really good for learning work ethic and discipline and all of those things. But the truth is, even up until now, none of my business success has come directly from anything I learned in school, right? But I'm not gonna hate on school because some of my best friends I've met in life came from when I was in university, from that phase of life. But what I'm trying to say is there's just so much things that, you know, life is just beautiful. And until someone has money and the time, freedom to be able to explore all of these things, it's just, you're not. Someone's not able to live life to the fullest. Like for example, right, Right now I'm in California, I'm normally from Canada, from Toronto, right? I'm in Los Angeles, right? Like I'm literally walking down this neighborhood. This crib is a literally million dollar crib, right? It's in front of the lake. There's a lake right in the backyard. How can someone who doesn't have money, how could they experience that, right? You owe it to, to yourself to experience these things, right? And again, right? I want to make it clear that life isn't all about materialism. Buying fancy houses, buying million dollar houses, buying supercars, sports cars, things like that. But if that is what you want to do with your life, you need to figure out a way to do that. Because you only live once. You don't get to get. You don't get the opportunity to be reborn and try it again in your next life or be reborn and hope to be born to a rich family, right? You don't have to. You don't get that luxury of being able to do that. And if your life's goal is to do all of these things, you need to do it in this life. You need to figure out a way to do it. There's a million different ways to make money. There's not just one way, there's a million different ways, right? You go and look at the richest people in the world, all the billionaires, all of them, they built their wealth doing different things, right? Some in real estate, some in oil, some by building brands. It doesn't really matter, right? There's a million different ways to do it. And my point being is you owe it yourself to figure out how to do it for you. Now back to the original topic of how I started a business and went from 0 to 60k per month in literally 2 years. This is how I did it. And I'll be explaining to you exactly how you can do it as well. And again, before I go into it again, I'm just going to make it clear there's a million different ways to make money. What I did worked for me. It worked for a lot of people as well, but it worked for me. It might not work for you. Everyone has a different skillset, different experiences, different preferences, which is why there's so many different ways again to make money. Right? There's literally thousands of jobs out there all suited for different types of people. For me, I started a lead generation agency. I'm using cold emails to reach out to businesses, to number one, get a client for myself. I'm reaching out, I'm telling these businesses, hey, I can help you get more customers. Hey, I can help you get more clients. The specific way I do that is, is by using cold emails, right? And if you don't know what a cold email is, essentially I'm reaching out to random people and being like, hey, our services, we can help you. If you have a problem, this very specific problem, our service, whatever we sell our solutions, our services, our products, we can help you fix those problems. If you're interested, why don't we jump on a quick call. And obviously on that call is a sales call where you're selling the service. And what I'm doing is I'm using cold emails to, number one, land a client for myself, finding these businesses. And the reason I'm working with businesses is because they have money, right? The average person probably doesn't have thousands of dollars ready to, you know, invest into some random thing, right? But businesses do. And more specifically, the reason why businesses would pay thousands of dollars is because they see a roi. So if, for example, I'm going up to a random business and I'm telling them, hey, we can help you sign more clients. Well, by helping them get more clients, they're making money, they're making more revenue from the customers. And if I'm able to bring them customers, bring them clients, they're making money. So whatever they pay me, whether they're paying me 2,000, 3,000, $5,000, it really doesn't matter if they're able to find a customer. If I'm bringing them a customer or a client who's paying them 10 grand or 20 grand, they literally 10x their money, right? 10x ROI. And that's essentially why what I'm doing, what works so well and why it's so easy to sell because essentially I'm helping businesses make more money, right? I mean, who doesn't want to do that? If you had a way to turn a dollar into $10, you would spam that, right? You would literally spam that until you made millions and millions and millions of dollars. And that's exactly why lead generation services are relatively easy to sell, right? Again, I've tried multiple different business models. I've tried dropshipping, I've tried building smma. And both times the reason why I failed was because I was selling something that people didn't want. When I was drop shipping, I was buying these random, you know, these random products from China, trying to make 10, $20 on, you know, on it. I'd be buying it from like Alibaba or something for like five bucks and try to sell it for $20. But it was like some random gimmicky product that no one really wanted anyways. And when I was selling for my own smma, when I was starting my own marketing agency, I was selling ads as a service. I was selling email marketing. No one wants that, right? That's the truth and that's the honest truth that most of these guys online don't really tell you is the quickest way to make money is to number one, identify a problem, a massive problem. Because if someone has a massive problem, they're going to be willing to pay big bucks to figure out how to solve that. Now this massive problem again is finding more customers. Most businesses struggle with finding new customers. Most businesses struggle to with finding new clients. And I'm offering a solution to help them do that. So that's the reason why this business model works so well for me. Because it was super easy to sell. There's so much demand. There's not that many people in the world who are actually able to do this. And that's how I was able to go from literally zero to $10,000 in my first 60 days by my second month or third month actually of building my own lead generation agency. Now what I'll also say is the path from going from 0 to 10k is extremely easy. Literally anyone can do it. Literally, like that's literally what I think. Anyone can do it if they put their mind to it. They understand how everything works, they're committed and actually putting in the work required to do it, the minimum amount of work to do it. Anyone can make $10,000. It doesn't matter who you are, what you do for work. It doesn't matter what you studied, whether you studied at all or not. It doesn't matter. Because going from 0 to 10k, half the battle is just believing it's possible. Other half of the battle is understand the specific strategy and just executing on it. Again, right? $10,000 is really nothing, right? Like I literally just like again, right, I'm in these neighborhoods with million dollar houses, right? $10,000 is a rounding error compared to the cost to buy these houses. Now the part that is a little bit more complex is scaling past 10k, right? Because anyone can literally go from 0 to 10k all by themselves, right? I have a consulting program where I help people start a lead generation agency. There's a guy in there called Spencer, he literally sent me a message literally last month and he said he was approaching his first $20,000 month and he has no employees. Because you could, anyone could do this by themselves, right? Go from 0 to 10k, probably a little bit more, 15, 20k ish, all by themselves. But where business gets a little bit more challenging is going from the 15 to 20k a month mark up to 50k per month, up to 100k per month. That's personally where I am right now. Because at that point you got to focus a little bit more on, on your marketing, dialing in your sales process, right? Hiring salespeople, hiring, you know, all of these different types of people to work for you and work at your business. And that's a little bit challenging, right? Because after that, it's not about just monetizing a skill, learning something, learning a skill, solving a problem and monetizing it. That's not what it's about. After you scale to a certain point, after a while, it's about how do you become a good leader, get people to want to work for you, get strong, effective employees. That's what that's about. Now again, anyone can go from zero to $10,000 per month, relatively easy. Anyone can do it. But what can you do to start your own online business and get to $10,000 per month? Well, there's a couple steps. The very first step is, number one, figuring out a problem that people have. Number two, figure out the solution to that problem. And an extension of that, as you're figuring out a solution to that problem, what you're going to be doing is developing a skillset. You're going to be learning how to do something very, very. A really good example is if you Realize that businesses, I'm not saying you should do this, but as an example, if you realize that businesses have really bad looking websites, the solution is to learn how to build really good websites. And learning how to build good websites is a skill by itself. And what you're doing is you're going to be then selling that as a service. And in relation to what I'm doing as a lead generation agency, the specific skillset I'm learning is how to find people who, who want to buy a specific product or service. That's a skillset. And personally I might be biased, but I personally think that is one of the highest income skill sets that anyone can learn. Because once you understand how to find more customers, more clients, more people who could buy a product or service, you never be broke again, right? That's just the truth. Because you could go out, start any business, sell whatever you want, and be able to find people who are willing to pay you thousands of dollars for that. So the second step is to find a solution. And the third step, an extension of that, is to learn a skill, develop that skill. And step four is to sell that as a service. Again, anyone can do that. It doesn't matter what it is that you're trying to do. Again, whether that is doing what I'm doing, which is learning how to build a lead generation agency, learning the skill of lead generation and then selling that as a service to make 2, 3, 4, $5,000, it doesn't really matter, right? The point is, is you just need to find a skill that solves a massive problem and sell that as a service. You need to monetize the that skill set. And that's effectively what I've done. Right. And again, anyone can do this. So to wrap things up, we established that anyone can do this, we established that. You just need to find a skill and sell that as a service. What can you do? Well, I have this YouTube channel. You know, you're watching this YouTube video, but go onto my YouTube channel. I talk strictly about lead generation, how you can start your own lead generation agency, how you can sign your first client, how to do cold emails, how to do all of these things. I, I talk about that in great detail on this YouTube channel. I don't really gatekeep any information, but if you want more help, I also have a consulting program that walks people through exactly how to do that. I work with people one on one. And by the way, this isn't a course. There's a lot of negative stigma around courses and stuff like that. And I talk to a lot of people every single day. And my personal preference is courses don't work. Right? I've spent probably close to $50,000 in the last two years on courses, programs, mentorships, all of this stuff. And now I'm. Whenever I have a problem or want to learn something, I just never buy courses. I never buy those 500 to $2,000 courses. Because the thing is, courses are. It just sells information, right? Literally information. The world changes so quickly, the more people who know something, the less valuable the information gets. That's just the truth. If a million people learned how to run Facebook ads, then obviously it's just less in demand, right? Because a million people can do that. And the other thing is the business landscape changes so quickly. So what is relevant today will 100% not be relevant tomorrow. It won't be relevant next week. It might not be relevant two years from now. So never buy courses. That's the number one thing. Because all they do is sell information. If you want to learn from someone, you got to find someone who is doing what you want to do and work with them directly. As in you're able to get one to one support with them. Whenever you have a problem, you're able to ask them a question and they're able to literally tell you the answer, tell you the solution to that problem. Because that's the fastest way to do this. Anyone could get to 10k. The question mark is how quickly could they get to 10k? Are they getting to 10k in a month, in two months, in three months, in six months, in years? Right. That's the largest variable is not can people get to 10k, is how quickly can someone get to 10k? And the quickest way that anyone could get to 10k, if you're watching this video and you want to get to $10,000 a month with your own online business ASAP, you need to find someone who is doing what you want to do and work directly with them. And I'm not even saying this for the purposes of selling my stuff or telling you to work with me. I quite frankly don't really care. My point being is I do have a consulting program where I work with people one to one to help them start their own lead generation agencies and get that to $10,000 per month, in the next 90 days, in the next three months. I work with people. There is a course aspect of it so that people understand how things work. The general topics, the general theories, things of that nature. But where the value is, is it's literally a shortcut. Because people could go out, watch my YouTube videos and do this on their own, they're probably gonna take several months to do it. If they actually take action, that is right. They might go six months, nine months, 12 months before they actually sign the first client and make money. And the reason why is because when people get stuck, they just simply don't know where to go and they aren't able to figure out the answers. But anyone who works with me, the main value is they're able to get the answers. They get stuck somewhere. They're not getting replies to their cold emails. They don't know what niche to pick. They're able to directly ask me someone who's been there, who's done that literally five times more and get literally solutions to that problem within 30 minutes. That's basically what I wanted to share in today's video. Hope you found it valuable. My name is Jimmy Fung, and if you like what I had to say, then make sure you press that like button. Make sure you drop me a subscribe share this video and I'll see you in the next one. See ya.










