#56: The Podcasting Business with John Lee Dumas
JAYSON WALLER UNLEASHED
Jayson Waller
4.4 • 649 Ratings
🗓️ 7 January 2021
⏱️ 27 minutes
🧾️ Download transcript
Summary
Today on the show we’re chatting with John Lee Dumas, host and founder of Entrepreneur On Fire! Completely taking over the entrepreneurship podcasting space in the early 2010’s, getting millions of downloads each month, helping people learn about being an entrepreneur.
This episode we go over why you have to learn to not quit in order to be successful in the podcasting space, why having passion for what you do is not enough in today’s world, and how the higher the barrier is set, the lower the competition will be. When John started his podcast, he was the only one putting out as much content as he was. People gravitated towards his podcast, because there was such little competition.
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Mentioned in the Episode:
JLD’s Podcast: https://www.eofire.com/podcast/
JLD’s Website: https://www.eofire.com/
JLD’s Book: https://uncommonsuccessbook.com
JLD’s Instagram: https://www.instagram.com/johnleedumas/
Timestamps:
1:53 - How JLD Got Into Podcasting
4:23 - Why JLD Chose Entrepreneurs on Fire
6:23 - First Years of EOF
8:04 - Learning to Not Quit
11:13 - Having Passion For Your Business
12:37 - Transition to Puerto Rico
14:40 - Overcoming Covid-19 as a Business
17:09 - Capitalizing on the Pandemic
18:08 - Tips for Starting a Podcast
20:38 - Generating Revenue for Your Podcast
21:26 - Biggie or Tupac
23:11 - Goals for 2021
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Transcript
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| 0:00.0 | Jason Waller here, True Underdog podcast and YouTube channel. |
| 0:03.8 | Listen, make sure you subscribe today. |
| 0:05.7 | You can go to IHeartRadio, Spotify, Apple Podcast. |
| 0:09.4 | You can go to our YouTube channel, True Underdog, or you can visit trueunderdog.com and subscribe to all of it. |
| 0:15.1 | Damn, bam, damn, true underdog. |
| 0:18.3 | Bam, bam, unleash the power with him. Bam, bam, damn. Build it to give you, baby. Damn. Unleashed the power with him. Damn. Hey, him. Build it with me, baby. Yeah. Hey, M. Hey, M. Mr. Walser here. True underdog podcast. I am super, super excited right now. I have got the OG, the Prince of Podcasting, Mr. John Lee Dumas. He's an entrepreneur. He's an author. He's a podcaster. He is the entrepreneur on-fire podcast. One of my favorite podcasts out there talks about entrepreneurs in business and growth. And he's got the book, The Freedom Journal, the Mastery Journal, the podcast journal, and the 100-day gold journal. How are you doing, John? Well, listen, brother, I'm fired up to be here. You just got a lot of great energy. I'm going to try to match it the best that I can't. Well, hey, we opened up by, I asked you how you're doing. You said, Puerto Rico's great. Sunshine and birds are chirping. Life is wonderful. I'm here in michigan i'm the complete opposite i've got |
| 1:13.1 | snow it's like 30 degrees so i am a little envious here so we got to make the voices |
| 1:19.2 | that's right that's right well listen i myself am an entrepreneur i run a great business called power |
| 1:25.3 | i'm solar but I started the podcast |
| 1:27.7 | game a little less than a year ago. I'm still learning. I am a baby and listening to your |
| 1:33.2 | podcast and seeing some of your story, you being an OG and making a lot of money. I mean, |
| 1:37.3 | you've got, I believe it's over a million monthly listens and over $18 million in revenue |
| 1:42.4 | since 2012. So congrats to that. Let me ask you this. |
| 1:46.3 | You were just a simple country boy grew up in Maine. What made you get into podcasting? |
| 1:51.3 | Like where did that mindset come from? Yeah, Maine, Michigan, a lot of similarities, a lot of great |
| 1:57.0 | lakes, a lot of cold winters. So, you know, listen, we come, we're brothers from |
| 2:02.5 | another mother, my man, for sure. But, you know, for me, it was just like I grew up in the |
| 2:07.7 | great state in Maine, like I mentioned, with a college at an Army scholarship. I spent eight years as an |
| 2:11.9 | officer in the Army. Then I tried a bunch of things after that. I was in law school, corporate |
| 2:16.1 | finance, commercial real estate. And like, nothing was just clicking. Like, it just wasn't clicking for me. I wasn't, |
| 2:21.2 | like, passionate or enjoying my career paths that I had chosen. So I kept quitting and trying |
| 2:27.6 | and trying to find out and finally, I just started like stumbled upon podcast as a listener, |
... |
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