JDL is the founder & host of Entrepreneur On Fire. An award-winning podcast where I interview inspiring Entrepreneurs to help YOU on your Entrepreneurial journey! John’s goal with Entrepreneur On Fire is to deliver inspiration. Also, strategies you need to FIRE UP your entrepreneurial journey. As well as create the life you’ve always dreamed of.
He’s interviewed over 2,000 incredible Entrepreneurs, including Tony Robbins, Seth Godin, Gary Vaynerchuk, Barbara Corcoran, Tim Ferriss, and many more. Before Entrepreneurs On Fire was even a thought, his journey was full of struggle and searching. After serving as an active-duty Army Officer for four years, he tried Law School (1st semester dropout), Corporate Finance and Commercial Real Estate.
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John is a pioneer.
In my opinion, he started the business podcast movement. Podcasts weren’t cool until JLD did something unprecedented which was to create a daily show highlighting the stories of entrepreneurs. Now from his hard work and grit, there are hundreds if not thousands of people modeling their businesses around his success.
On this episode, we talk about the growing Entrepreneur On Fire brand. We even talk about staying true to oneself. John mentions that he could easily make the company bigger, but traveling, exploring, and learning about oneself are most important to him. I admire that. It takes a lot of discipline and knowing oneself.
The ‘Entrepreneur on Fire’ Strategies
Discuss with interviewees about their episodes
Given the current popularity of influencer marketing, this one tip isn’t really a secret. But it was the fact that Dumas was creating a podcast seven days a week for nine months without earning a penny that piqued my interest throughout our talk. Only by pushing his guests to share their interviews with their existing audiences was he able to grow a large enough audience to make the show profitable.
One of the reasons his guests prefer to share his podcasts over their previous interviews is that he goes further than other broadcasters. Dumas asks his subjects about their darkest experiences as business owners rather than merely inquiring about what’s going well for them. As a result, participants have created a new set of stories that they want their followers to hear.
Allow your calendar to guide your day
Dumas is a great believer in focusing. The way Dumas organizes his days to create a focused environment was the part of our chat that I found most fascinating.
Dumas, for example, gets up at 5:30 a.m. every morning to exercise, prepare a good breakfast, and be ready for the day. As a result, He claims that when he sits down at his computer at 7 a.m., he can focus completely without being disturbed by hunger or the sinking feeling of having put off a workout.
His job dedication is also evident in the way he organizes his days. Dumas devotes his Mondays, Thursdays, and Fridays to internal, big-picture work. Rather than dealing with the day’s emergencies as so many others do. He does his interviews on Tuesdays and webinars and interviews for other shows on Wednesdays. As a result, he can plan ahead of time and concentrate on daily objectives, knowing that other requirements will be met on other days.
Find the perfect mentor
Should you take Richard Branson as a mentor if you have the opportunity? According to Dumas, the answer is likely to be “no,” since most individuals go about seeking a mentor in the incorrect way: they go for someone who is generally successful, rather than someone who is exactly where they want to be.
It’s up to you to inquire once you find out who that individual is. Dumas quotes the proverb “Fortune favors the bold,” noting that while turning down many mentorship requests, he always tries to refer others who might be a good fit. You never know where the conversation will lead if you never inquire in the first place.
Follow One Course Until Successful
Dumas is so convinced of the value of focus that he has coined the phrase “Follow One Course Until Successful.”
“So many people are 80 percent done with 10 different things, which is sad to see,” he says. “Instead of going a mile wide and an inch deep, it’s important to focus on one project that you can go into a mile deep and just one inch wide.”
Don’t know which project to devote your attention to? In that scenario, Dumas suggests Gary Keller’s book The One Thing. Which focuses on the concept of focus and goes into great length about why humans are so lousy at multitasking. From all the reviews that I’ve read, it’s a fantastic book, and if you haven’t already done so, you should get a copy.
Success is not the same as a significance
As the host of an award-winning and profitable podcast, Dumas has had tremendous success. He does, however, point out that he realized a few years ago that he had financial success but desired more. He needed a sense of purpose and meaning in his profession, and he’s been looking for it ever since.
As entrepreneurs, we must live with a sense of purpose. If we only chase the money, we’ll find ourselves battling when our business experiences ups and downs or when a crisis occurs. Finding meaning in our work keeps us focused on what it all means on a deeper level.
Don’t get burned out
Dumas used to tape many weeks’ worth of interviews on the same day. He was fatigued the next day, so he planned to take a day off to rest and do nothing.
As entrepreneurs, we should work hard, but taking satisfaction in fatigue is incorrect. We all need downtime to rest and re-energize, and there’s no guilt in thinking we’re doing “nothing”. Instead of being burned out, give yourself permission to rest.
Any action we take as business owners or as an individual has a consequence positive or negative. If we concentrate on making a positive difference, we will witness beneficial consequences not only on those in our immediate vicinity, but also on their family, our communities, our customers, and beyond.