The Human Experience · Episode

Episode 84 – John Lee Dumas – Secrets to Podcasting

A conversation with John Lee Dumas

John Lee Dumas, 36, founder of the daily Entrepreneur On Fire (EOFire) podcast, seems to have pulled his 7-figure annual income from out of thin air … literally. When he’s not busy with his highly popular…

Published
January 4, 2017
Runtime
29:35
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Episode 84 – John Lee Dumas – Secrets to Podcasting

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John Lee Dumas, 36, founder of the daily Entrepreneur On Fire (EOFire) podcast, seems to have pulled his 7-figure annual income from out of thin air … literally. When he’s not busy with his highly popular podcast, he’s writing books. In his spare time, he’s helping others achieve their life’s goals. After success with his January 2016 The Freedom Journal: Accomplish You #1 Goal In 100 Days, his new release is set for January 23, 2017 — The Mastery Journal: Master Productivity, Discipline & Focus in 100 Days. And in his downtime, he runs an ongoing academy for would-be podcasters.

Lifestyles of the Rich & Famous

Sometimes you come across a bio that reads like lines out of a “Lifestyles of the Rich & Famous” script, complete with a Robin Leach voice-over channeling a narration to the echo chambers of your mind. John Lee Dumas has one of those kind of bios. His is not a rags-to-riches tale, per se. He was a driven youngster, even bagging an ROTC scholarship to college, graduating as an officer and serving a 13-month stint in Iraq as a platoon leader. He went through the motions, doing what he thought he was supposed to do. But somehow he knew things weren’t cosmically right for him.

When he returned stateside, he moved around changing careers in the 13 colony states, before deciding to pack up and head out west to join the real estate rat race. The seemingly endless loop of commuting made it feel more like a crawl than a race, so he passed the time with radio. He started with NPR. Then a friend recommended podcasts — commercial-free, homegrown content on every subject under the sun freely available on the internet airwaves. Dumas was hooked! Learning while commuting made something positive out of those dreadful commutes. Yet, his commuting hours outnumbered the hours of available podcasts in his favored genre. He noticed that no one out there was doing a daily podcast to satiate podcast junkies like himself. So he went and did it himself.

When EOFire launched on September 22, 2012, Dumas was a complete podcast virgin. He found his niche in the wild and untamed podcast airwaves by interviewing entrepreneurs and up-and-comers. People craved the info he was putting out there. Now, with 1,500+ episodes behind him, his podcast boasts 40+ million listens, holds Best of iTunes 2013 title, and generates a monthly income in the hundreds of thousands of dollars. (November 2016 … a whopping $205,459 … for having fun at work! Sign me up!) Fortunately, Dumas enjoys sharing his secrets to success with anyone who can keep up with his infectious high energy.

Livin’ Large In A Tropical Paradise

So, what put the fire under Dumas’ … ahem, feet, to blast him off into financial independence and freedom? How does he conjure just a <em>teensy</em> bit of envy seeing a picture of him toasting you with an exotic drink from his sublime Puerto Rican paradise balcony? He says he came to a point where he felt empty driving his life away doing something he wasn’t all that thrilled about. “I was still struggling — financially, mentally, physically. I had no passion, no purpose and no vision for my future.”

Dumas’ military experience helped him hone his goal-setting skills and he shared them in his Freedom Journal, which he calls “an accountability partner — an important assistant keeping you on task with your goal. His formula for SMART goal-setting: S=specific; M=measurable; A=attainable; R=relevant; and T=time-bound. In his classes he breaks it down to the minutiae, because really, it’s all about focus, intent and perseverance — stick-to-itiveness. And with proper focus and time management, there’s always time for play. EOFire HQ in Puerto Rico provides a beautiful backdrop for Dumas’ recreating.

In the upcoming January 23, 2017, release of The Mastery Journal, Dumas took down what he learned in his interviews with thousands of entrepreneurs from all over the world. “I found out the reasons they succeed and why others fail,” he said. He’s narrowed success stories down to the Big 3: Productivity, Discipline, and Focus. Undoubtedly, future entrepreneurs have their homework cut out for them when they embark on their journeys with Dumas and his laser-fine, sharply focused mind. But he promises to be there if you temporarily veer off course. He looks out for his tribe. It’s what drives his passion.

In this episode I go over some of the key episodes for 2016, a history of the podcast and finally we interview John on how to make a blockbuster podcast.

Let John Lee Dumas’ infectious optimism fan the flames of your passion.

Pre-Order your copy of The Mastery Journal here.

JLD Links:

Official EOFire Website

JLD’s Twitter

EOFire FB page

EOFire youtube page

JLD’s Amazon page

JLD’s Medium page

JLD’s Forbes page

8 Ways To Monetize By Podcasting $20 course Visit udemy.com

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About the guest

John Lee Dumas

John Lee Dumas, 36, founder of the daily Entrepreneur On Fire (EOFire) podcast, seems to have pulled his 7-figure annual income from out of thin air … literally. When he’s not busy with his highly popular podcast, he’s writing books. In his spare time, he’s helping others achieve their life’s goals. After success with his January 2016 The Freedom Journal: Accomplish You #1 Goal In 100 Days, his new release is set for January 23, 2017 — The Mastery Journal: Master Productivity, Discipline & Focus in 100 Days. And in his downtime, he runs an ongoing academy for would-be podcasters.

The complete conversation

Transcript

319 timestamped passages · Speaker-labelled from local voice analysis

Speaker labels were identified locally using Xavier’s verified voice reference and episode-specific acoustic comparison. Mixed turns are labelled with both speakers. Automated transcripts and speaker identification may contain occasional errors. Select a timestamp to check the original conversation.

  1. HXP Announcer

    Welcome to the Human Experience Podcast. The only podcast designed to fuse your left and right brain hemispheres and feed it the most entertaining and mentally engaging topics on the planet.

  2. HXP Announcer

    As we approach our ascent, please make sure your frontal, temporal and occipital lobes are in their full upright position.

  3. HXP Announcer

    As you take your seat of consciousness, relax your senses and allow us to take you on a journey.

  4. Xavier / HXP Announcer

    We are the intimate strangers. Thank you for listening.

  5. Xavier

    I was already, it was in the middle of my day. I got a phone call from Adam Lowry of the Cognitive

  6. Xavier

    Rampage. And he was just, he was just like, dude, where's, where's the episode? Dude,

  7. Xavier

    where's your episode? That's exactly how he sounds, by the way. So, you know, we're, I'm,

  8. Xavier

    I'm pushing a 16 hour days here. And a couple of the things that we're really working on and making

  9. Xavier

    you guys' membership section of the show where you will have exclusive content, content that

  10. Xavier

    we haven't released. We're going to be doing bonus episodes, bonus minutes with the guests

  11. Xavier

    that we bring on. We really just want to give you the experience, but we want to make it special

  12. Xavier

    and we need to monetize in some way. You know, a question that I'm asked a lot is,

  13. Xavier

    how did you start this show and what brought you to do what you're doing? It's an interesting story.

  14. Xavier

    So I found myself wondering about big questions. Why are we here? What is our purpose? And big

  15. Xavier

    existential deep questions about life and meaning and found that I was having a lot of

  16. Xavier

    different conversations with my friends about this same subject. And so I thought it would be

  17. Xavier

    interesting, and this is before I even knew what podcasts were, I thought it would be interesting

  18. Xavier

    to bring on the people that I respected, the heroes that I really respected and thought highly

  19. Xavier

    of and to get their answer, to get their idea of what was going on here. And we've had on some

  20. Xavier

    really amazing guests. And, you know, for us, it's not a numbers game. It's a quality thing.

  21. Xavier

    We want the best of the best. That's how we operate. And there's some other shows that

  22. Xavier

    they're aiming to release their next episode. And no, we don't do that here. We feel like there is

  23. Xavier

    a guest on that doesn't meet those standards, we will crush that episode. You know, it happens

  24. Xavier

    from time to time and I'm not going to drop names, but it does occur. Switching gears here. And I want

  25. Xavier

    to shout out to the HXP team. Kimmy, thank you so much. You know, Kimmy is one of the writers here

  26. Xavier

    at HXP and she is the female version of Hunter S. Thompson. She's great and just so much love to

  27. Xavier

    Kimmy. Connor is doing some of the marketing for us and what a solid human being and just

  28. Xavier

    love what he's doing. Josh is coming on as a producer and so much talent behind what he's

  29. Xavier

    doing and just so much going on with him and so excited to bring a family vibe into the show that

  30. Xavier

    I've been running on my own for so long. There's a couple people that I'm leaving out on purpose

  31. Xavier

    because they're a little bit shy. I want to go back through a few episodes that really blew me

  32. Xavier

    away. And a few episodes that changed my thinking. And if you haven't heard these episodes yet,

  33. Xavier

    you absolutely need to really take some time and listen to these episodes. The first one I'll

  34. Xavier

    mention is Elizabeth Lesser. Elizabeth Lesser is one of those people that she defeated so many

  35. Xavier

    odds. You know, she's the founder of the Omega Institute. And I just have so much respect and,

  36. Xavier

    and love towards her just because when you, when you talk to these people who are super famous and

  37. Xavier

    A-listers and world-class there, you know, it's, it's, it's difficult to find someone who was as

  38. Xavier

    humble as Elizabeth was when, when she came on, you know, it just felt like talking to an old

  39. Xavier

    there was just a deep connection that happened between her and I. And, you know, we, we try to,

  40. Xavier

    to keep an open relationship with all of our guests and we're professionals. We are

  41. Xavier

    consummate professionals. And, you know, we do that for our listener base as well as

  42. Xavier

    the guests that come on and we have a process and, you know, a lot of this is structured and

  43. Xavier

    it deliberately strategically planned, we really feel that that is part of what makes us as good

  44. Xavier

    as we are. I've stopped really looking at the numbers. The numbers scare me at this point. And

  45. Xavier

    I've found that we've had so many people on like that have just talked about how important value

  46. Xavier

    you is. You know, success and chasing money or numbers, you know, it's not just about that.

  47. Xavier

    It's about the amount of value that you're creating for the world. I feel like we're doing

  48. Xavier

    that on an everyday basis and on a regular basis with this show and on an everyday basis with

  49. Xavier

    what we put out on Twitter. If you're not on our Twitter feed, you're truly missing out.

  50. Xavier

    My next person, my next guest that he really impressed me was Rob Bell.

  51. Xavier

    Rob Bell was a Christian pastor.

  52. Xavier

    He kind of went a different direction with it.

  53. Xavier

    And he wrote a book called How to Be Here Now.

  54. Xavier

    And Rob was very much like, you know, what I respect in a guest,

  55. Xavier

    which is someone who is humble and open to whatever might come up.

  56. Xavier

    And, you know, there's, there's, I could go on and on about the different guests that

  57. Xavier

    we've had on, you know, Dave Asprey, Rick Strassman, and Rick Strassman is just a consummate.

  58. Xavier

    He's a scientist and he just, you know, he's all about the science and he's, he's a little

  59. Xavier

    bit eccentric and comes with all geniuses, but he is hardcore about the science. Dr. Gabor Mate.

  60. Xavier

    Dr. Mate has done so much work on the body and connections with trauma and what's going on with

  61. Xavier

    your inner dialogue. And a lesser known person that was on last year that I really respected was

  62. Xavier

    Anders Ericsson, he wrote a book called The New Science of Expertise.

  63. Xavier

    Phenomenal read.

  64. Xavier

    Really interesting.

  65. Xavier

    I highly suggest that you check that episode out if you haven't.

  66. Xavier

    Peter Sage.

  67. Xavier

    Peter Sage has some great, great knowledge.

  68. Xavier

    Vishen Lakhiani, the founder of Mindvalley.

  69. Xavier

    I mean, every single name that I've mentioned so far is a game-changing, you know, game-changer.

  70. Xavier

    and I'm very, very grateful for every single person that we've had on the show

  71. Xavier

    and I'm very grateful for everyone, all of our listeners that listen to us every week

  72. Xavier

    and it really does mean a huge amount to me that we're able to be in a position to affect

  73. Xavier

    so many people on a regular basis, on a weekly basis

  74. Xavier

    And it's heartwarming, it's humbling, and I'm very, very grateful to be in this position.

  75. Xavier

    And as I look back on 2016, and one of my philosophies is to learn from the past.

  76. Xavier

    And, you know, it does tend to repeat itself.

  77. Xavier

    With 2017, I think we're going to be changing some things around.

  78. Xavier

    And we're going to keep the content as high-end as it's been.

  79. Xavier

    But we really want to develop a member side where we are giving special thanks to the people who believe in what we're doing and creating a section of the site where you can log in and there's a string of content that's not available for just the general public.

  80. Xavier

    You know, it's truly going to be phenomenal.

  81. Xavier

    You know, anything that we put our hearts into, just we put that work in.

  82. Xavier

    I mean, we're doing everything we can over here to really push the show to its limits.

  83. Xavier

    And I deeply respect all of you for being part of what we're doing.

  84. Xavier

    And to all of the people who have donated, thank you so

  85. Xavier

    very much. It took me a while and I had to wrestle with bringing on sponsors and whether or not to bring on people to sponsor the show.

  86. Xavier

    And for the first few years, I was very against it. And the donations aren't really that much. It's a few bucks here and there. That might change as well.

  87. Xavier

    I think we're leaning towards sponsorship next year. I think that with the numbers that we're collecting and the caliber of the show that we are pushing right now, that we really want to bring on companies that share our ethics and our morals and have a sense of getting back to humanity.

  88. Xavier

    and whoever we pick to sponsor the show is definitely going to be in in that frame of

  89. Xavier

    thought you know with that guys i'm gonna i'm gonna move into the episode here for you guys

  90. Xavier

    today this is john lee dumas if you haven't heard of john he started a podcast called entrepreneur

  91. Xavier

    or on fire. He has a very interesting view and take on podcasting. And we basically just talked

  92. Xavier

    about what success means and how a person can be profitable, how to capture a niche audience.

  93. Xavier

    And if you have any interest whatsoever in podcasting yourself, we are launching a coaching

  94. Xavier

    program. I really want to share the things that I've learned over the years to other people who

  95. Xavier

    are interested in starting in their own shows because I've learned a lot. I'm really good at

  96. Xavier

    what I do, you know, and there's, yeah, there's some confidence there, but I fell on my face a lot.

  97. Xavier

    I've, and those, those mistakes are when you learn the most. So if you're interested in starting your

  98. Xavier

    own show get on our main page the human xp.com slash contact yeah guys very very excited about

  99. Xavier

    2017 and every everything that's possible for the show that we have planned for you guys and

  100. Xavier

    it's really truly exciting so i hope you guys enjoy this episode john it's only about 15 minutes

  101. Xavier

    which is why I wanted to do this little monologue for you guys about what we have planned and going

  102. Xavier

    back through some of the guests. And just once again, thank you so much for being a part of what

  103. Xavier

    we're doing here. And we do this for you. We do this because we want to make an impact in people's

  104. Xavier

    lives. Without you guys, without our listeners, we wouldn't have a show. So thank you guys so much

  105. Xavier

    this will be our first episode for 2017.

  106. Xavier

    The human experience is in session and our guest today is Mr. John Lee Dumas.

  107. Xavier

    John, thank you so much for doing this.

  108. John Lee Dumas

    Xavier, there is literally no place I'd rather be.

  109. John Lee Dumas

    Thanks for having me.

  110. Xavier

    John, so I know we're short on time,

  111. Xavier

    so I'm just going to bounce right into the questions that I have.

  112. Xavier

    Um, you know, I, what I'm really curious about, I've heard a bunch of your interviews.

  113. Xavier

    What is success been like for you both before you monetize what you were doing and then

  114. Xavier

    after?

  115. John Lee Dumas

    So I will say to me, like success kind of feels like the quotes from Albert Einstein

  116. John Lee Dumas

    that really resonates with me through and through, which is try not to become a person

  117. John Lee Dumas

    of success, but rather a person of value.

  118. John Lee Dumas

    And so for me, like I, I failed trying to be successful and trying to acquire success

  119. John Lee Dumas

    years and years and years because that was what I put first. But when I flipped it on its head and

  120. John Lee Dumas

    actually said, you know what, I'm just going to strive to be valuable, to create free, valuable,

  121. John Lee Dumas

    consistent content on a daily basis, that's when things actually started coming back to me in the

  122. John Lee Dumas

    form of success. So, you know, for the first six months post launch of EO Fire, there was no

  123. John Lee Dumas

    financial success, but there was feedback. There was success because the show was helping people

  124. John Lee Dumas

    and resonating with people.

  125. John Lee Dumas

    And then at about month seven,

  126. John Lee Dumas

    we started to slowly see the revenue trickle in

  127. John Lee Dumas

    to where we got to month 13

  128. John Lee Dumas

    and it was our first six-figure month,

  129. John Lee Dumas

    which we've now had 39 straight months of.

  130. John Lee Dumas

    So the success started from just knowing

  131. John Lee Dumas

    that it was impacting people

  132. John Lee Dumas

    from the value that I was providing

  133. John Lee Dumas

    and then just continued to trickle down

  134. John Lee Dumas

    into where it's at now,

  135. John Lee Dumas

    where we've grossed almost $10 million

  136. John Lee Dumas

    in the past three years.

  137. John Lee Dumas

    Wow, that's huge.

  138. Xavier

    Love that story.

  139. Xavier

    What do you think the biggest mistake that other podcasters, other content creators are making that you see in the industry today?

  140. Xavier

    Well, I can definitely say this.

  141. John Lee Dumas

    I mean, we all are standing upon the shoulders of giants.

  142. John Lee Dumas

    So I don't like when people just kind of blatantly say, oh, this person's copying that and this person's copying him and her and whatever.

  143. John Lee Dumas

    That's going to happen everywhere in every industry.

  144. John Lee Dumas

    like the great quotes, I can't remember who said it, but you know, good artists copy,

  145. John Lee Dumas

    great artists steal. That will always be the case. Like we are all standing up on the shoulders of

  146. John Lee Dumas

    giants. I learned from people that came before me, like Andrew Warner and Davis-Eightman Garland

  147. John Lee Dumas

    and you know, you name it. And, and people have learned from me going forward. Now,

  148. John Lee Dumas

    what I will say is this, like when you stand, when you're standing upon the shoulders of giants and

  149. John Lee Dumas

    you've learned from those who have come before you as fast as possible, you need to find the

  150. John Lee Dumas

    unique voice, the unique message that you're going to bring forth in your show, in your interview.

  151. John Lee Dumas

    And that's critical because again, you're just going to be another voice screaming into the

  152. John Lee Dumas

    wind if you don't do that because there's so much noise out there. So what do you stand for? What

  153. John Lee Dumas

    are you bringing that's unique to this world that has to be shining through?

  154. Xavier

    Yeah, it's so powerful. John, if there has been a moment such as this for you, I mean,

  155. Xavier

    I'm sure there has. Has there been a most challenging moment for you through this process?

  156. Xavier

    I mean, just in content creation and podcasting or before that?

  157. John Lee Dumas

    The hardest moment for me, which is the hardest moment for every content creator,

  158. John Lee Dumas

    is pushing the publish button. I've hesitated and been terrified at every single one of those

  159. John Lee Dumas

    moments, whether it be EO Fire, whether it be Podcasters Paradise, whether it be

  160. John Lee Dumas

    Freedom Journal. And now currently my, you know, my project, the Mastery Journal, like all of these

  161. John Lee Dumas

    things, it's been pushing the publish button. So if we can just recognize that that's where we're

  162. John Lee Dumas

    going to fail is by not pressing publish, then we can say, okay, I get it. That's a human trait

  163. John Lee Dumas

    that we all have. It's, you know, the imposter syndrome screaming at us, who are we to do this

  164. John Lee Dumas

    thing? And then we can embrace it and rise above it and know that it's just a natural feeling.

  165. Xavier

    So are you saying that there is no sense of sort of being perfect and we need to just get out the content that we're creating regardless of whether we think it matches our preconceptions?

  166. John Lee Dumas

    Listen, you're never going to be perfect no matter what you do, no matter how great it is.

  167. John Lee Dumas

    And the thing is, your work's never going to be great until you have feedback from the people that you're creating it for.

  168. John Lee Dumas

    They need to give you the feedback.

  169. John Lee Dumas

    So you need to ship whatever it is that you're creating and say, listen, I know this isn't perfect. I know that this isn't the end product. I'm looking to improve it, but I need your help. What works? What doesn't? What resonates? What isn't? Ask those questions. Engage with your listeners. Find your avatar, that one perfect reader, viewer, listener. Engage with them.

  170. Xavier

    Yeah, that's perfect. Where do you think the most improvement can be made with the content that you see other than just sort of hitting publish? Is there any sort of constructive feedback that you can give to people that you see maybe are making the same mistake that you kind of made?

  171. John Lee Dumas

    Yeah, you're not niching down enough. Like you're not niching down till it hurts, meaning you're being too vague, you're being too broad, you're trying to impact as many people as you can, which you think means to start off by not being, you know, disclusive of anybody, but trying to be inclusive of everybody.

  172. John Lee Dumas

    Well, that's the wrong way to do things because you need to first build that initial momentum, which you're never going to do by trying to just to be broad and to appeal to everybody.

  173. John Lee Dumas

    Because if you're trying to resonate with everybody, you will resonate with no one.

  174. John Lee Dumas

    So who is that small, tiny, but passionate audience you can resonate with?

  175. John Lee Dumas

    They can say, oh, man, like I feel like Xavier's talking to me and me alone.

  176. John Lee Dumas

    That's where you're going to find that initial raving fan base.

  177. John Lee Dumas

    That's where you're going to get your initial momentum.

  178. John Lee Dumas

    them. And then as your success starts to snowball, then you can broaden out as the timing is right.

  179. Xavier

    Yeah. I love it. Uh, has there, you know, has there been a mentor figure for you or someone

  180. Xavier

    that you've looked up to while you've been kind of going through this process?

  181. John Lee Dumas

    Yeah. Somebody who's dead and has been dead for a long time. And his name is Benjamin Franklin.

  182. John Lee Dumas

    I loved this guy. I've read his biography multiple times and he's just been my inspiration,

  183. John Lee Dumas

    You know, from him leaving Boston as a teenager to go to Philadelphia with nothing in his pocket except a piece of bread, you know, to all the different careers and things that he mastered.

  184. John Lee Dumas

    He was a person of curiosity, one that was always interested in trying to improve himself.

  185. John Lee Dumas

    And he just was living life.

  186. John Lee Dumas

    You know, he never got stuck in that rut.

  187. John Lee Dumas

    You know, that Mark Twain quote I love is when you find yourself on the side of the majority, it's time to pause and reflect.

  188. John Lee Dumas

    And he always paused and reflected.

  189. John Lee Dumas

    And that's powerful.

  190. Xavier

    Yeah, cool.

  191. Xavier

    Has there been

  192. Xavier

    a most sort of profitable content niche that you've seen versus others?

  193. John Lee Dumas

    You know, I just feel like there's so many ways to be profitable in this world, defining on how you want to define profitable.

  194. John Lee Dumas

    I mean, for some people, you know, their definition of being profitable is generating $3,000 a month doing something that they love because, you know, they live somewhere where they're bootstrapping and they're happy and they just don't have this lavish lifestyle and they can make it happen.

  195. John Lee Dumas

    And, you know, where other people profitable means, you know, $30,000 per month.

  196. John Lee Dumas

    And I get both sides of those things.

  197. John Lee Dumas

    But I think what the real thing that people should be thinking about here is, you know, what is the profit number that's going to make you happy without you having to sacrifice yourself?

  198. John Lee Dumas

    I mean, you know, is that person that commutes two hours from middle of Connecticut into New York City every single day, you know, to fund, you know, his lavish lifestyle of a house that he leaves at dark and returns to at dark?

  199. John Lee Dumas

    Is that somebody who needs to be making $250,000 a year to maintain that lifestyle?

  200. John Lee Dumas

    Or could they shift their lifestyle and be making $75,000 a year, but he's waking up

  201. John Lee Dumas

    and he's taking his kids to school and picking them up and going to their games and spending

  202. John Lee Dumas

    time with his wife and doing this and whatever?

  203. John Lee Dumas

    That's just a random example.

  204. John Lee Dumas

    But what is your profit level that's going to make you happy?

  205. John Lee Dumas

    And shoot for that.

  206. Xavier

    Yeah.

  207. Xavier

    Yeah. Yeah. It's so important to really, you know, really get an idea of that.

  208. Xavier

    John, you know, the journey for you has been pretty interesting.

  209. Xavier

    Where, I mean, has there been a moment where you were ready to kind of just turn things off

  210. Xavier

    and go in a different direction?

  211. John Lee Dumas

    Not with EO Fire. I mean, that's happened multiple times in my life and I've done that

  212. John Lee Dumas

    multiple times in my life. I did that with law school, with corporate finance, with commercial

  213. John Lee Dumas

    real estate, you know, the list goes on. But with EO Fire, like I really did find a niche that needed

  214. John Lee Dumas

    to be filled. And I've really enjoyed serving that niche. And it's just kind of been something that

  215. John Lee Dumas

    I've been passionate about doing and hasn't stopped yet. And as long as that fire is burning

  216. Xavier

    within, I'm just going to keep doing my thing. I mean, I think you're known most for, you know,

  217. Xavier

    podcasting for profit and kind of jumping into $2 million in sales in year two with, you know,

  218. Xavier

    And a lot of people look up to you for that.

  219. Xavier

    And I mean, how so how can people, you know, kind of kind of learn from your mistakes and the things that you've you've gained and and and learned through your journey?

  220. John Lee Dumas

    One of the mistakes that I made was I really stopped doing things that don't scale.

  221. John Lee Dumas

    And I did that for a decent amount of time, meaning that, you know, I stopped having the one on one conversations.

  222. John Lee Dumas

    I stopped connecting with people to the level that I was, you know, starting on day one

  223. Xavier

    because I just thought, wow, you know, now I just have too many listeners and too many

  224. John Lee Dumas

    followers to really do that.

  225. John Lee Dumas

    So I'm just going to turn it off completely.

  226. John Lee Dumas

    And that was a huge mistake and something that luckily I realized was a mistake pretty

  227. John Lee Dumas

    quickly.

  228. John Lee Dumas

    And I completely went the opposite direction and said, I'm actually going to double down

  229. John Lee Dumas

    and do even more than I used to day one because I realized the value because it's my audience

  230. John Lee Dumas

    that gave me the idea for Podcasters Paradise, for Webinar on Fire, for the Freedom Journal,

  231. John Lee Dumas

    mastery journal. These ideas haven't come from me. They've come from my audience, from the one-on-one

  232. John Lee Dumas

    conversations that I have, from the actual connecting with them and saying, Joe, Sarah,

  233. John Lee Dumas

    what are you as an individual struggling with right now? And then listening to their answer

  234. John Lee Dumas

    and then hearing their pain points, their obstacles, and then providing solutions to them

  235. John Lee Dumas

    when I see the commonality start to bubble to the surface. When I hear 60 people out of 100 that I

  236. John Lee Dumas

    speak to are all talking about they're struggling with goals. Well, maybe there's a reason why the

  237. John Lee Dumas

    Freedom Journal, you know, was so successful and, you know, became the sixth most funded

  238. John Lee Dumas

    publishing campaign of all time on Kickstarter when we launched last year and has sold over

  239. John Lee Dumas

    16,000 to date. It's because I listened to my audience, identified a very common problem

  240. John Lee Dumas

    and provided the solution that they were looking for.

  241. Xavier

    Yeah. You know, John, I really want to know, you know, and a big part of it for me is learning the struggle of another person and where, you know, the hardest points were. So, I mean, before Entrepreneur on Fire, I mean, you said that you were aiming for success and failing. How did you feel like you were failing and what was your definition of success back then?

  242. John Lee Dumas

    so I was failing because you know I wasn't achieving what my definition of success was

  243. John Lee Dumas

    and that definition was money respect fame fortune like just fill in the blanks like you know I was

  244. John Lee Dumas

    your typical like 20 something year old that was just looking to you know to to really kind of cash

  245. John Lee Dumas

    in and and it wasn't working I wasn't finding happiness I wasn't finding success there was no

  246. John Lee Dumas

    motivation there was no excitement to what I was doing day to day like it was just all kind of blah

  247. John Lee Dumas

    and like, you know, kind of ho-hum.

  248. John Lee Dumas

    And that's, you know, to me,

  249. John Lee Dumas

    again, using that Albert Einstein quote

  250. John Lee Dumas

    that flipped everything on its head,

  251. John Lee Dumas

    which was don't become a person of success,

  252. John Lee Dumas

    but become a person of value.

  253. John Lee Dumas

    That light bulb moment changed everything for me.

  254. John Lee Dumas

    And since that day,

  255. John Lee Dumas

    I've always put value as a priority of what I produce.

  256. John Lee Dumas

    You know, that's why I have four courses that are free

  257. John Lee Dumas

    that teach you how to podcast or do webinars

  258. John Lee Dumas

    or accomplish goals

  259. John Lee Dumas

    or create your own funnel on fire.

  260. John Lee Dumas

    Like those are completely free courses

  261. John Lee Dumas

    that I could charge real money for,

  262. John Lee Dumas

    but I know that there's more value

  263. John Lee Dumas

    in giving them to a larger audience

  264. John Lee Dumas

    who will know, like, and trust me more because of that

  265. John Lee Dumas

    and recommend me to their friends,

  266. John Lee Dumas

    to their followers and continue to grow.

  267. John Lee Dumas

    And then maybe when I do come out, you know,

  268. John Lee Dumas

    once a year with like the Freedom Journal,

  269. John Lee Dumas

    they're there to support me with bells on.

  270. Xavier

    Yeah, you know, it seems like everyone

  271. Xavier

    has a podcast these days.

  272. Xavier

    6p about three years ago and i think we entered the market right before it became you know kind

  273. Xavier

    of saturated with people i mean who were doing their own shows is is there something that you

  274. Xavier

    see that you could sort of give advice to these people i know time is running short but um any

  275. Xavier

    word of advice any last sort of thing that you could say reach out to these people that are

  276. Xavier

    struggling with their own shows i mean is is it a numbers game are you do you think that it's

  277. Xavier

    people to reach out for more listeners, more downloads, or how do you process this?

  278. John Lee Dumas

    So it's the opposite of all of what you just said. It's not about more listeners. It's not

  279. John Lee Dumas

    about more downloads. It's not about the numbers game. Like people that are really

  280. John Lee Dumas

    passionate about podcasting and want to create a show because they know they can deliver value.

  281. John Lee Dumas

    You have to stop thinking about numbers. You have to stop thinking about listens and downloads

  282. John Lee Dumas

    because those things are just all vanity metrics.

  283. John Lee Dumas

    It's just like me having 35,000 Twitter followers.

  284. John Lee Dumas

    That doesn't mean anything.

  285. John Lee Dumas

    That means nothing, literally.

  286. John Lee Dumas

    It means nothing.

  287. John Lee Dumas

    What matters is, are you serving people at a very deep level?

  288. John Lee Dumas

    And the answer is probably no, you're not.

  289. John Lee Dumas

    You're not serving people at a deep level.

  290. John Lee Dumas

    If you were the podcast for ice fishing for New England,

  291. John Lee Dumas

    you'd win because you'd be serving people at a deep level

  292. John Lee Dumas

    and you would connect with them and they would rally around you

  293. John Lee Dumas

    out what they're struggling with and you create solutions and you'd find sponsors that are just

  294. John Lee Dumas

    looking to get to that demographic and you'd win, you know, maybe not on a multimillion dollar a

  295. John Lee Dumas

    year level the first couple of years, but you'd win on a level. And that's what a lot more than

  296. John Lee Dumas

    people can say right now within podcasting, because a lot of people aren't winning because

  297. John Lee Dumas

    they're not finding a specific niche. They're not finding a specific pain point in serving that

  298. John Lee Dumas

    religiously. So niche down, drill down until you're literally like, I just don't even know

  299. John Lee Dumas

    They will listen to this show. Guess what? That means you can probably dominate that niche because nobody else is doing it. Then you win. Then you build that initial momentum and then you can start to broaden out if and when it makes sense.

  300. Xavier

    yeah for sure you know just to kind of wrap up here um for me it's it the the idea of success

  301. Xavier

    has changed and altered so much through the three years that we've done this show first it was sort

  302. Xavier

    of the numbers game and once we started to hit that it changed again and again and again and

  303. Xavier

    you know um i really do feel like we are providing a lot of value with with the show but john i mean

  304. Xavier

    i really appreciate your time and i really feel like what you're doing is is super unique and uh

  305. John Lee Dumas

    to watch you work, sir. Well, it's been a blast, Xavier. Thank you for fitting into my time

  306. John Lee Dumas

    parameters and I enjoy chatting. I really appreciate it, man. Why don't you give us a

  307. John Lee Dumas

    link to where people can find you, please? Well, all the magic for us happens at eofire.com.

  308. John Lee Dumas

    Again, that's just where we have all our free courses and just a lot of great resources.

  309. John Lee Dumas

    My most latest project, if you want to check it out, which I'm super passionate about is

  310. John Lee Dumas

    where you can follow my step-by-step guide

  311. John Lee Dumas

    to master productivity, discipline, and focus in 100 days.

  312. John Lee Dumas

    Awesome.

  313. Xavier

    John, thank you so much for your time.

  314. Xavier

    Thanks for being here, man.

  315. Xavier

    I really appreciate it.

  316. Xavier

    Thanks, brother.

  317. Xavier

    Have a good day.

  318. John Lee Dumas

    You too. Bye-bye.

  319. John Lee Dumas

    Bye.

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