This AI Business Will Make You $1M (With Zero Employees)

3 and a half years ago, I started an AI business without a single employee. I didn't have a team of developers or a team of marketing experts. It was literally just me. And today, that same business has made me over $2 million online. The crazy part is that anyone can start this business using AI right now. And I've helped complete beginners literally start and grow this exact same business to over 6 figures a year. So I know this works every single time. And I'm not talking about building an app or selling some crazy technical automation. It's a completely different business, One where the opportunity is still wide open still to this very day because most people don't even know that this exists. So in this video, I'm going to be showing you exactly what this business is, exactly what you're selling, who you're selling it to, and then how to land your first clients or customer. So let's go ahead and get right into it. My name is Jim Fung, and when I first started this AI business, I was literally just working my regular 9-to-5 corporate job. And in my first 90 days, I ended up getting it to my first $10,000 month. And over the last 3 years, I actually ended up earning over, you know, $2 million online, all from this specific AI business model. And because of it, I was able to do things like buy my dream car. I also have the freedom, the freedom of time, the freedom of my being able to control my own schedule. I don't have a boss, and I'm also able to just travel the world with my girlfriend, with my family, my loved ones, and, you know, overall just live life on my own terms. And this business model that allowed me to do this, this isn't anything to do with selling AI agents, automations, websites, nothing like that required. It doesn't require any coding, anything technical. It also doesn't require you to go out and just post tons of content or even go out and create personal brands. I know there's tons of videos from all these other people online just saying that's the best way to make money online. Well, I didn't do any of that stuff. Because what I did do was I did something called AI lead generation. And to explain to you exactly how it works, there's really only 3 steps that you really need to understand to really see how AI lead generation works. The very first thing is every single business in the world, they all have a problem and they have this big, massive problem. And that problem is getting more customers. If you think about it, just name the last time you saw a business that just ran out of business. Well, 9 times out of 10, that business failed and it had nothing to do with a bad product or bad service. That business failed because it probably couldn't get enough new customers through the door. So every single business has that problem. They all want more new customers. They all want, you know, sales calls. They all want more leads. And essentially how AI lead generation works is you're solving this problem for them. You're basically helping a business find people who might be interested in what they sell. And your job is to simply book calls for them that one day turn into customers for that business. And you will get paid for that. Many businesses out there typically pay anywhere from $1,000 to $3,000 a month for every single one of these businesses that you end up working with. So that's the big idea. The big idea is businesses always want more customers, and you can help them get these sales calls all by using AI and all of these new automations that have came up. And as a result of that, every single one of these businesses that you work with, they'll pay you monthly. To get the result of booking calls, right? If you have one client that's on average paying you $2,000 per month, you get 3 of those and now you're earning $6,000 per month, right? And working with each of these clients, it really doesn't take that much time. It probably takes 30 minutes to an hour, probably every 2 or 3 days. It doesn't take that much time for me to actually run my own lead generation business as well. And the crazy part is, is there's tons of statistics that prove that You know, this is growing. This is massive, right? According to Forbes, lead generation as an industry is literally expected to grow to $31 billion all by 2031, right? So this is a big, massive growing opportunity. And you know, it really just works. And in order to do AI lead generation, there's really just 5 key steps that you really have to follow. And if you follow these 5 steps, by the end of it, I promise you that you will have your own AI lead generation business. Now, step number 1, is starting with picking a niche. It's really that simple. Now, in order to actually pick a good niche, there's really only 2 key steps. And if you do these steps correctly, you will walk away with a niche that is proven to work that will allow you to make money much more quickly. Now, step number 1 is the niche that you decide to pick, it has to be B2B. So what that means is it has to be a business that sells its own products or services to other businesses. So it can't be B2C. So it can't be things like gyms. It can't be things like realtors. These are businesses that sell their own products or services to other businesses, right? It can't be like a water bottle brand. Um, they're obviously selling to consumers. Instead, you want to make sure that they're selling to other businesses. So, uh, examples of that might be software companies, different software companies, marketing businesses, recruitment businesses. They're all selling their own products or services to other businesses. So that's step number 1. Now step number 2 is after you figure out which B2B industry you actually want to target, you now want to understand how they actually make money. You want to figure out, you know, basically how they make their bread, right? How it all works, the opportunity, what specific parts of the products or services are they selling, and what are the problems that they solve for the people who do end up buying the products or services. Now here's some examples of proven B2B niches. And by the way, the reason I'm giving this to all of you is I spent the last 3 to 4 years literally just in the trenches, just, you know, trying to work with all of these different niches. And time and time again, I've seen these 5 work the best. It's also the same 5 niches that all of the students that I personally work with one-on-one all see success in. So I know this works. Now, the first proven B2B niche is marketing agencies. So businesses that provide and sell marketing services like social media marketing, advertising, all of these different things to other businesses. The number 2 is recruitment agencies. So businesses who, they find a company that's hiring for a role, let's call it an engineer, and they find that engineer for that business and they charge money for that. The 3rd one is B2B SaaS companies. So B2B software companies. 4th is IT MSP companies. And 5 is software development agencies. So again, these 5 niches are just proven to work with AI lead generation. Now you can also get started by just prompting AI, prompting ChatGPT to help you figure out a niche, right? Don't let this process stop you. I've seen so many beginners who get started with their own AI lead generation businesses literally get stomped because they just waste so much time. Literally weeks is what I mean, just trying to figure out a niche, right? When it really is not that difficult. You really want to get this entire process nailed down in probably the next 10 to 15 minutes, right? Not even— that's honestly pushing it, right? So, um, you could use AI, you could use ChatGPT to actually do this. Here's the prompt that I used, uh, and actually started listing out an entire list of different B2B niches that work really well It also talks about a little bit more about how they work, how they make money, why they would care about AI lead generation services. And it comes up with some general ideas for what you can do when you start thinking about how you want to reach out to them. So after you want to do that, you could actually put together a list of all of these people inside of your niche using different database tools. I strongly recommend using one like Apollo.io. Um, you're literally able to set up the filters. I have many other videos on this channel that talk about how to do that specifically, set up the right filters, things like that. But the overall idea is you're using a database tool such as Apollo.io, setting up these filters, and it's gonna give you a giant list of business owners. So people who are inside of your niche who would actually be able to make that decision to whip out their credit cards and actually pay you money to get started. So that's basically what you want to do. Now step number 2 is you want to start creating the actual cold emails, right? Because now that we have our niche, Our next step is understanding how do we actually go out and start getting clients for our own business? Well, the biggest answer is we're using cold emails. I've seen cold emails work super, super well over the last 3 to 4 years. I've tested so many things, cold emails, cold DMs, posting content, posting, you know, videos on my Instagram, on my YouTube, exactly videos like this, running ads. I've tested it all and time and time again, cold emails have just performed the best. It's the easiest to get started with. It requires the least amount of money and it just works really, really well for acquiring clients. Especially if it's your first new clients, you have no proof, you have no case studies, cold emails is great. So what actually makes a great cold email? Well, there's really only 3 key steps. And if you nail these 3 things down, I guarantee you, you will have a really, really good cold email. Now, the very first thing that makes a really good cold email is you have to make sure that your email is very direct and straight to the point. So a lot of people, when they start thinking about how they want to craft and create all of these cold emails, for their own outreach, they think that they need to come up with these paragraphs, they're writing essays, things like that. No, you don't have to do that. You're not becoming the next Shakespeare. You need to make sure that your emails and pitch is direct and straight to the point. The second thing is you need to make sure that you're leading with a very clear measurable outcome with a very clear timeframe. So what that means is you want to make sure that you're giving a specific outcome that someone is getting by working with you. And how long will it take, right? So for example, I will book you 5 to 10 calls within the next 90 days. So 5 to 10 calls, that's a tangible outcome. 90 days, that's the prime timeframe. And number 3, you need to be very clear in explaining how you're going to solve the problem. So again, with AI lead generation, the problem that we're solving is we're helping businesses book more sales calls, right? These businesses are struggling to get more customers, they're struggling to book sales calls. And that's exactly what you're doing, right? You're explaining what you do inside of your actual email, right? So the most important concept, if there's one thing you have to take away, is in order to make a great cold email, you got to make sure it's relevant, you got to make sure it's valuable. And if you have both of those things, I guarantee you will get replies. So here's an example of a cold email, and this is actually a really good cold email. It's a really fantastic example as well. It literally says, hey John, we help marketing agencies such as 123 Marketing book 5 to 10 calls every single month. Let me know if you might be interested. Let's hop on a call to discuss. Literally 3 lines, right? Notice how short it is, how direct it is. I'm not talking about the weather. I'm not talking about all these random things. I'm just getting direct and straight to it. And that's exactly what makes a really great cold email. And the best part about this is you can leverage all of the crazy AI tools that we have right now in order to help you create your own cold email. And it'll literally generate you a cold email in literally less than 30 seconds. So here's a screenshot of me on ChatGPT and here's my prompt. I literally say, can you write a 4-line cold email targeted towards marketing agencies? And after 30 seconds, lo and behold, it generated me a 4-line or 5-line cold email. 1, 2, 3, 4-line cold email, um, about, you know, the exact email that I'll be sending out to help you get clients. Now, again, this video is a little bit more of a roadmap explaining what AI lead generation is and the key steps you want to take in order to get started. I do have many technical videos. So for example, if you want a more tangible step-by-step guide on how to do all of these steps, make sure you check the link in the description. There's a free AI lead generation course down there, but we'll get back to the video because the next thing is step number 3, which is automating your actual outreach. So we have all of these cold emails. We understand exactly who we're going to be emailing. How do we actually do that? How do we actually reach out to all of these people? That are inside of our niche? Well, it's very, very simple because we have a crazy AI tool called smartlead.ai. And essentially what smartlead.ai is, is you want to think of that software as kind of like the key hub of your entire business. The whole business will literally run off of smartlead.ai. And essentially what it is, is it's an automation tool where you're able to set up all of these cold email campaigns. You're able to take your list of business owners, their email addresses, you're able to upload it right into smartlead.ai. All of that emails that you wrote, those 4 lines, able to upload that into smartlead.ai as well. And SmartLead would then send out every single day these emails to those people that you uploaded every single day, whether you're sleeping, whether you're at the gym, whether you're at work, it literally doesn't matter. Your emails will get sent out every single day. And it's super crazy because this is stuff that literally 5 years ago, someone who wanted to start this type of operations, this type of business, they would have needed to hire literally a full-time salesperson who clocks in and out every single day in order to do all of this stuff, right? So AI just simplified this entire thing and it just lowered the barrier to entry. That's really what it is, right? You're able to set up all of these automated cold email campaigns inside SmartLead. And once you're sending these emails, people will start replying, right? You're sending all these emails. Naturally, people will start replying. There will be people who are not interested. That's fine. That's just the nature of what we're doing. But there will also be people, many people who raise their hand and they basically say, hey Jimmy, I'm interested in learning more. Can you explain more? Can you walk me through? Let's hop on a call. They're gonna say all of these different things and you just want to reply back to these people and you want to lead them into step number 4 of the process, which is closing deals. And this is a very important step of the process because this essentially allows you to turn someone who's interested in what you do and turning them into money inside of your bank account, right? That's what the entirety of step number 4 is and how you want to do that is you want to do that over a 40-minute Zoom call. That's the best way that I have found that allows you to get the greatest chance of actually making some money. And you're able to schedule these around your own schedule. So if you have work 9 to 5, you can schedule these in the evenings. You could do this on the weekends. You can just basically work these in whenever you're available. And that's what makes it so awesome. And basically when you're on these actual calls, you really only have 4 things as your actual goal. The very first thing is you want to treat this call as a normal face-to-face conversation, right? It's nothing too crazy. Um, you don't want to go too over the top, but at the same time, you want to make sure that you're showing up in a somewhat professional manner. But essentially the entire topic of the call is you're basically just explaining your entire AI lead generation process. You're getting to understand more about their business. They're asking more about what they do, who do they sell, what's the price points. And then if it sounds like a good fit, if it sounds interesting to you, you then talk a little bit more about what is your process. Oh, by the way, Mr. Client, we're basically using cold emails to help you book sales calls. That's essentially what you're doing. At the end of that process, you want to tell them your pricing. Oh, by the way, Mr. Client, in order to get started, our services is $2,000 a month. Our services is $3,000 a month. Our services is $1,000 a month. And that's basically what you want to be doing, right? You want to be telling your pricing, you want to treat it as a normal conversation. And a portion of these people, they say yes, and you, you know, you just basically collect the cash, right? You take the credit card, um, and, uh, you process the invoice, and boom, the cash is in your bank account, right? There will always be people who do say no. That's again the nature of this business. But honestly, don't sweat it. Many people get really stressed out, they get really nervous. Oh, I'm jumping on a call, I don't know what to say, what if it's awkward? What if it's like, you know, just silence? Don't worry, you're overthinking it. Literally, you're literally overthinking it. If you've ever gotten a job from a job interview, you can literally do this. It's literally the exact same thing. Just treat it as a normal coffee side conversation. And if you're able to do that, I'm telling you, you will make money, right? Here's a screenshot of me literally taking a call, just super casual. I'm literally in a black shirt with a black jacket. Now in step number 5 of the process is now that you have a client, They're paying you $3,000 a month, $2,000 a month, $1,000 a month. The next thing you want to focus on is making sure they actually get results, right? They started paying you money. It's only right that you deliver results for your client using this specific service. Now, a lot of people ask me, Jimmy, oh, how do I actually deliver for my clients? Well, this is the way. One of the best parts about this business is if you think about how you were able to sign your first client, well, what you did was, well, first you picked a niche. Next, you, uh, figured out a database, use Apollo.io to build a list of people and all of the contact details. The third thing you did is you used AI to write your emails. You use SmartLead.ai to automate the sending of those emails. You handle some replies and book some calls. Well, if you think about that entire process, that's exactly what you're doing for your clients as well. That's the entirety of the service delivery. A lot of people overcomplicate. They think they got to do all of these crazy things. But no, it's really that simple. You literally already did the process. By the time you have a client, you already understand enough of the process to do it for your client as well and get them results as well, which in this case is booking them calls, right? So once you sign a client, the very first thing you want to do is hop on an onboarding call. Now on the onboarding call, you just want to learn more about their business. Again, get into the weeds, get into the details. What do you sell? How much do you sell it for? You know, what are case studies that you've worked with? Things like that. And that's literally what the service delivery is all about. And it's very, very simple. So one of the best parts why I literally say that AI lead generation is the best business model on the planet on top, you know, compared to things like dropshipping, Amazon FBA, real estate, all of these random things is because it's very, very simple. You're really only learning one thing. You're learning how to book sales calls. And as you're learning that process, you're first doing it for yourself, right? So as you learn, you're directly translating to seeing results. which is booking calls for yourself. As you get better than that, you're gonna get clients. And once you have a client, you're literally doing the same thing for them over and over again. It's a skillset that you're literally compounding that is super leveraged, super, you know, high income as well, right? And it just works really, really well. And that's basically what you wanna do, right? On the onboarding call, you wanna really understand your client's business. And again, that's exactly what makes service delivery so simple. And the only difference again is you're not taking your client's calls, you're not selling the calls for them, All you're doing is you're using cold emails to book calls for them. You're not closing deals, you're not negotiating, book call, your clients, they closed. That's literally what it is. And you're also not doing any of the client service delivery work as well. So let's say you're working with a marketing agency that builds websites. You're not building the website. All you're doing is starting that conversation. Your client steps in, has that conversation, starts working with them and builds the website for them. And you're using the AI tools in order to do this entire process. And again, you're learning a super high-income valuable skill, the skill of lead generation. You're using AI to automate most of that process. This process, this business literally only requires a few hours a week. When I first got started, I literally did this outside of my 9-to-5 job, and this can literally be done from anywhere in the world anytime. The only 2 things that you need is number one, a laptop, and number two, an internet connection. So those are the 5 steps, right? Picking a niche, step number 1. Step number 2, creating cold emails. Step number 3, automating outreach. Step number 4, closing deals. And step number 5 is service delivery. You now know all 5 steps in terms of how to actually start your own AI lead generation business. Now, the real question is, how do you scale your way up to $5,000 to $10,000 per month, right? You have a client, you have 2 clients, you're making $2,000 to $4,000 per month. Cool. That's amazing. Extra money coming in every single month, just heading straight to the bank account. But how do you earn more? How do you scale that up to $5,000, $7,000, $10,000, $15,000 per month? Because I'm telling you right now, it's not that much harder. If you're able to get to your first client, getting to $10,000 per month is probably 10% harder. You're not really doing that much more work. And there's really 2 ways to do that. The first way is to optimize the process. So after you get your first client, you've proven the process works. That's the best way I can explain it. You know it works, but there's probably many areas inside the process that that if you think hard and you look back at your process, you could probably improve it. You probably have a greater understanding of your niche that will allow you to make better emails. You can test different type of emails, and essentially you're using the data you did from your first few campaigns to get yourself a client, and you're just thinking of different ways that you just make it better using your own experiences and learnings that you went through along the process in order to just get better results. So that's the first way. You just improve what you're actually doing, optimize your overall process. And that becomes one of the best ways to think about how you want to scale this business up to $5,000 to $10,000 per month, because it also becomes highly scalable. Every single client, you know that you're charging $1,000 to $3,000 per month. And it's just simple math in terms of understanding your income goals and how you want to actually go and approach that. If you want 2 clients, understand you'd be making anywhere from $2,000 to $6,000 per month depending on how much you charge. If you work with 5 clients, you'd be at $10,000 to $15,000 per month. My very first $10,000 month, I got there with only 4 clients. So you can see and work backwards and see how many clients you need in order to get to your desired income goals. And again, the purpose of this video is I want to just share with you what I believe is the best AI business, how I was personally able to make millions of dollars online with AI. And, um, I want to walk you through what that roadmap looks like. Uh, this video, the link in the description down below, will break down more of the technical. You can literally look over my shoulder and see exactly what I'm doing. I share my screen. And more of a full AI lead generation course. But if you also want to work with me one-on-one, you want to just skip all of the trial and error, you rather just do it right the very first time and just get results the quickest way possible, then use the first link in the description down below. And that's a link to book a call with me, book a call with my team, where you're able to see if it would be a good fit to work directly one-on-one with me, right? We will walk you through everything it takes from starting your own AI lead generation business completely from scratch. If you're at zero, walk you through all the way to signing your first client, help you get results for that client. And then we will also help you as you continue scaling up and getting more results going from $5,000 to $10,000 per month. So that's pretty much this video. If you enjoyed, make sure you give me a like, make sure you drop me a subscribe and make sure you check out the next video where I talk a little bit more about how this actually works. And again, right, I show you exactly how it actually works in this AI lead generation completely free course. And I'll see you in the next video. Take care.