37 - How a Side Hustle Became a $50K/Month Business with James Lincoln

🚨MY NEWSLETTER https://nikolas-newsletter-241a64.beehiiv.com/subscribe 🚨Join me, Nik ( https://x.com/CoFoundersNik ), as I talk with James Lincoln (https://x.com/_jameslincoln ) the 27-year-old founder of Goodly Growth, a digital marketing agency. James discusses his entrepreneurial journey from working in software portfolio management to running a successful digital marketing agency generating $50K a month. He shares insights on overcoming challenges, the importance of SEO for local businesses, customer acquisition strategies, and the constant entrepreneurial fear of business failure. James also talks about his balance of work, personal life, and future aspirations, including his interest in buying businesses and launching professional-quality online courses. The episode provides valuable lessons on business growth, customer retention, and the personal drive needed to succeed in the entrepreneurial world.Questions this Episode Answers:How did James scale his digital marketing agency to $50K monthly revenue?What strategies can be used for acquiring customers through cold calling?How to leverage an MBA program to launch and grow a business?How to transition from a full-time job to running a business full-time?How does effective email marketing compare to cold calling for lead generation?___________________________Love it or hate it, I'd love your feedback.Please fill out this brief survey with your opinion or send me an email at [email protected] with your thoughts.___________________________ Spotify: https://tinyurl.com/5avyu98yApple: https://tinyurl.com/bdxbr284YouTube: https://tinyurl.com/nikonomicsYT___________________________This week we covered:01:01 Introducing James Lincoln02:22 James' Business Journey03:39 Launching Goodly Growth12:10 SEO Strategies and Services15:44 Customer Acquisition and Economics20:05 SEO Challenges and Customer Management21:26 Importance of Google Business Profiles22:35 Customer Education and Success23:46 Sponsorship and Giveaway Announcement24:28 Financial Metrics and Business Growth27:23 Revenue Goals and Future Plans28:39 Entrepreneurial Mindset and Resilience30:27 Online Education and Course Development38:51 Rapid Fire Questions and Reflections41:53 Conclusion and Final Thoughts