John Lee Dumas is the founder of EntrepreneurOnFire.com A 7-day-a-week podcast pulling in 6-figures per month. John shares his journey as a country boy from Maine, to becoming an army officer, stepping into the corporate world, jumping into real estate, and then finally discovering his passion with Podcasting. He is fast becoming one of the most popular podcasts on iTunes.
On discovering your passion:
It shouldn’t be a major concern if you have not yet found your passion. John says to keep swinging the bat. When you do discover what excites you, heavily invest in yourself and in the journey. Discover a niche- a need that hasn’t been filled.
What holds people back from pursuing their dream?
Fear of failure and The Impostor Syndrome. There is an innate experience that continually calls us toward our comfort zone. But that needs to be broken and ignored. Pursuing a new venture means being a pioneer and trekking through uncharted territory. John opens up about how fear of failure cost him $100, 000 as he delayed his launch date.
3 Immediate actions for getting unstuck?
1) Find a mentor. 2) Connect with a mastermind. 3) Go to conferences.
On ignorance VS validation?
You definitely need both. Ignore the critics but listen to your audience. John gives a great example of listening to his audience to get the validation for his exclusive podcasting academy. Before spending a bunch of time and money on creating the product, he tested and validated the product by offering it pre-completion- making 35 sales and over $10,000
Your greatest influence?
Apart from the reading the life of Benjamin Franklin, John’s father. He started his own law firm and did absolutely everything himself. He was agile and taught John how to pivot.
What is the impact and legacy you want to leave behind?
The continual ripple effect of seeing people step out, find their passion, and live their dreams.
What is your definition of success?
“The gradual realisation of a worth ideal.” A quote by Earl Nightingale. Success is a journey. It is gradually experiencing the achievement of something worthy. My bar is always moving.
The $500 dollar question John has asked in almost 600 podcasts gets flipped on him:
I would rent out a really cool venue, have a ton of drinks. Greet everyone at the door and ask how to add value to the community and people’s lives. Follow up with them and set up further meetings.
“Prepare to ignite!”
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