DN102 - John Lee Dumas: Giving Value First Is The Key

John Lee Dumas of Entrepreneurs on Fire is one of the biggest names in podcast industry, with over 2000 episodes in and more than a million listeners a month. He shares his revenue in his income blog every month, and it has been very inspiring. So for those who are looking forward to winning in podcasting, be sure to listen to this episode in full!

 

Like almost every successful entrepreneurs, JLD had his turning point. After serving about eight years in the army, he felt that he was not happy with where and what he's doing with his life. So he took a turn, consumed all the information he needed, get inspired and motivated by successful people while figuring out the next step he must take. Now, a couple of years later, he is the founder and host of an award-winning podcast and generated several millions in revenue through it.

 

Are you starting on your podcast journey? Is podcasting your passion, but at the same time, you want it to be your full-time income? Look no further, in this short but sweet episode, JLD will share what to do when your starting out, what obstacles you will face and how to overcome it, and how to be productive and be successful in life no matter what you choose to do.

 

Here’s What You Missed

 

How did John figured out what he wanted to do?Why you need to surround yourself with people you look up toWhy you need to implement a morning routineJohn's recommendation for someone who are starting out with podcastsHow to monetize your podcastHow to find your avatar

 

Knowledge Nuggets

 

When asked about what’s the one thing that John wants to be remembered by, he said that he wants people to think of him as someone who tried to give people value and inspiration. Now that he is in his 8th into this journey, he undoubtedly, through his media, has touched many lives. Here’s some of the wisdom he blessed us through this episode:

 

[1:56] Find your niche. Think about the thing that you can do or can share value about. Think about the problems people face today and ask, 'How can I provide solutions?'

 

[3:18] Surround yourself with the right people. Your mindset will be your greatest obstacle. When everything's going great, there's this fear of crashing down. So you need to have a guidance of the people who have the right mindset and who will remind you that even the people you look up to are struggling with this mindset and you got to embrace it to move forward.

 

[5:12] Develop a morning routine that works for you. Implement a 90-minute morning routine that focuses on the health and wellness of your mind and body.

 

[8:39] Before going after big names in your podcast, take the time to hone your skills. You will give value to your guests, when you as host, has already become better in the craft that you do. Give yourself time to practice and improve before pitching big names to your podcast. In that way, you will value to your guests.

 

[11:02] How to monetize your podcast? Don’t chase sponsors, focus on what value you can provide to the world. Start by determining the problems your listeners have and how you can provide the solution in the form of a product, service, or a community. Build your audience. Provide value so you keep them in your world. Listen to what your avatars, or listeners has to say.

 

 

Important Reads and Links

 

https://www.eofire.com/

 

John Lee Dumas on Facebook:               https://www.facebook.com/johnleedumas1

Instagram:              https://www.instagram.com/johnleedumas

Twitter:                  https://twitter.com/johnleedumas

 

 

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