How do you build a 7-profit business for entrepreneurs for the last eight years in a row?
On The Small Business Radio Show, I spoke with John Lee Dumas (JLD), who is the founder and host of the award-winning podcast, Entrepreneurs On Fire. With over 100 million listens of its more than 3,000 episodes, JLD has turned “Entrepreneurs On Fire” into a media empire that generates over a million listens each month. His first traditionally published book, “The Common Path to Uncommon Success,” is the modern version of “Think and Grow Rich” with a revolutionary 17-step roadmap to financial freedom and fulfillment. JLD also won the TV show “The Price is Right.”
JLD joined the ROTC to pay for his college. After serving as an active-duty army officer for four years, which included a tour as a tank commander in Iraq, JLD attended law school (but then dropped out in the first semester). to the disappointment of his father). We talked about how he had the courage to drop out of school and follow a less traditional path like so many other entrepreneurs.
As an inspiration to online marketers, JLD publishes a summary of its monthly financial statements on its website. When you post this information, you do so with your lawyer and accountant to add credibility to the numbers.
JLD says that to be successful as an entrepreneur, you have to create the number one solution to a real world problem. He adds, “You need to create the perfect customer avatar for your product or service. They’ll tell you what their biggest problem is and then you have to think about what you want to create the digital solution for.”
I’ve said many times that too many people when it starts want to be everything to everyone. JLD emphasizes that “when you try to resonate with everyone, you don’t resonate with anyone. That means you have to go down. I say “nicer your flipping face” and do it maybe five or ten times. That’s why I created a daily entrepreneurship podcast to be number one. “
Listen to the full JLD interview on The Small Business Radio Show.