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Afford Anything | Make Smart Money Choices

John Lee Dumas - From Small-Town Kid to Multimillionaire Entrepreneur

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.73.6K Ratings

🗓️ 23 January 2017

⏱️ 49 minutes

🧾️ Download transcript

Summary

#61: Even though John wasn't never an entrepreneur at heart -- even though he didn't (yet) self-identify as an entrepreneur -- he decided to throw himself, full-force, into the one and only business idea he'd ever had. Listen to John's story, in his own words, as he describes his journey from a small-town college kid to a successful 7-figure business owner. For resources mentioned in this episode, go to http://affordanything.com/episode61 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hey, hey, you can afford anything but not everything.

0:11.2

And that's true, not just of your money, but also your time, energy, focus, attention,

0:16.0

anything in your life that is a scarce or limited resource.

0:18.9

Opening one door and walking down one path means that you are closing off a few others.

0:23.9

And yes, that can be scary, but that is why it is so critical to take this time to think

0:29.9

about the decisions that you are making and to learn how to make smarter decisions,

0:34.0

how to make better choices, how to critically evaluate your options.

0:39.0

My name is Paula Pat, host of this podcast and today I am having a conversation with John

0:44.4

Lee Dumas.

0:45.8

He is the host of a podcast called Entrepreneur on Fire.

0:49.3

He is aired almost 1500 podcast episodes in which he interviews top notch entrepreneurs,

0:55.8

Gary Vaynerchuk, Tim Ferris, Marie Forleo.

0:59.1

Trying to figure out what makes them tick, how did they get to where they are?

1:02.8

And so today I turn those tables on him.

1:05.1

I try to get the story of John, what happened?

1:09.9

How did he go from being a small town boy growing up in rural Maine to where he is today?

1:17.8

A host of a very popular podcast.

1:19.7

And by the way, he puts his income reports online.

1:22.1

He publicly discloses the money that he makes in 2016.

1:27.3

And we'll link to this in the show notes so that you can see the specific breakdown.

1:31.1

But in 2016 alone, his business, which is his podcast and all of the ancillary product,

1:38.7

services, resources, everything that comes from that, his business grossed $2.6 million

...

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