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The Foundr Podcast with Nathan Chan

16: Supercharge Your Business with James Schramko - Learn How to Build a 7 Figure Business and Have Systems in Place that Allows You to Work a 25 Hour Week

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 18 December 2014

⏱️ 38 minutes

🧾️ Download transcript

Summary

Employed by Mercedes-Benz, pulling in $300,000 a year … By a lot of standards, James Schramko was doing pretty well for himself. Yet he felt stifled. He was relying on one source of income, which although high, he felt was capped, and didn't have creative control. As he tells Foundr, he wanted to be the primary beneficiary of his own efforts, rather than have his employer reap the rewards.    The upside was that it prepared him well to strike out on his own, as he did six years ago. “Running a multimillion dollar business for someone else … really gave me the solid training to be able to run a business,” he says.   He admits it was grueling juggling his job with a budding business to the tune of an extra four hours every day, but now he works about the same amount, minus the 9-5, that is. He aims for a 25-hour week with time for at least one surf session a day – fitting work around the tide charts.   Schramko's thing is internet marketing and coaching. It's a field littered with snake oil and empty promises but he stresses that “a website is not a business” and “internet marketing is not about sitting in your underpants scamming people with a false promise that they're going to get rich”. Rather, he wants to help others build their businesses and avoid the gauntlet that he ran himself in the early days. Having done the yards and made it through, he's distilled that knowledge and is sharing it online.   I Need Your Help! If you haven’t already, I would love if you could be awesome and take a minute to leave a quick rating and review of the podcast on iTunes by clicking on the link below. It’s the most amazing way to help the show grow and reach more people! Leave a review for the Foundr Podcast!

Transcript

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0:00.0

This is episode number 16 with James Schramko of the Founder Podcast.

0:07.0

What you need is thirst.

0:08.7

You need to be a thirsty human.

0:10.7

Who is intent on learning.

0:12.7

It's a really fascinating exploration of human potential.

0:18.4

The Founder Podcast.

0:20.9

Even the greatest entrepreneurs had help. If you were... The Founder Podcast.

0:24.2

Even the greatest entrepreneurs had help.

0:29.5

If you want to learn from the most successful founders on the planet, you are in the right place.

0:36.8

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Arianna Humpington, Steve Case, Gary V, Sophia Amorosa, Barbara Corcoran, Damon, Damon John.

0:38.8

Learn from the greatest minds in business today with interviews hosted by Nathan Chan. This is not your average entrepreneur podcast,

0:45.4

the founder podcast. Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let

0:58.6

you know that our goal at founder is to help entrepreneurs succeed however we can by giving

1:04.3

away high quality content in the form of interviews, blog posts, podcasts, YouTube videos,

1:10.4

you name it. We put out so much content to help you.

1:13.6

And another interesting project that we're working on right now is partnering with world-class

1:18.4

founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach crucial

1:24.4

skills like negotiation, finance, e-commerce, and so much more.

1:30.6

So if you'd like to get access to these free trainings with founders like this, which is

1:36.1

100% free, just go to founder.com forward slash free.

1:40.9

Okay, so now let's talk about today's episode.

1:44.4

Hey guys, welcome to the founder podcast. My name is Nathan Chan and I'm your host.

...

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