John Lee Dumas—How to Work Less and Make More

Good Money with Derrick Kinney

Derrick Kinney

Investing, Entrepreneurship, Business

5 • 1.5K Ratings

🗓️ 28 June 2021

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Would you like to make more money, do what you’re good at and stop the 9-5 grind? But you’ve been told that’s impossible, right? My guest today, John Lee Dumas, is about to prove you wrong. He shares how he maximizes his productivity by systemizing the things he must do and outsourcing the things that others can do for him. He offers valuable insight on achieving a combination of financial freedom and fulfillment and why money makes great people even better.

What you will learn:

Set a morning routine
Systemize and outsource
You need a money vote—not a voice vote
Wealth is a reflection of value
Money is meant to be used
How to know when you have enough
You need both financial freedom and fulfillment

Quotes:

“I just do repeatable tasks. It’s like, they didn’t create the assembly line back in the day for one person to do 100 things. One person was doing one thing.” – John Lee Dumas
“Listen, if you feel overwhelmed, it’s because you have way too much on your plate. You need to be looking at how can you systemize things? How can you create processes?” – John Lee Dumas
“It’s much more than just a voice vote. You want a money vote, which really denotes ‘I’m all in on the validity of this product or service.’” – Derrick Kinney
“If you’re a great person, more money is going to even make you a greater person, because it’s going to allow you to do bigger and greater things. If you’re a bad person, money’s probably going to make you a worse person because you’re going to do bigger and badder things.” – John Lee Dumas
“I think most people’s wealth is in direct proportion to the value that they give to this world.” – John Lee Dumas
“Money is meant to be moved. It’s meant to be used. It’s meant to flow. And so many people just play the Scrooge McDuck routine, where they just put all their money in a bank account, in a vault, and close the door and it just sits there and it’s no use to anybody.” – John Lee Dumas
“I decided when I got to a certain place in my business where I said, ‘Okay. I’m not going to work five times harder to make five times more money. I’m going to work at whatever level I want to work at on a day-to-day basis to keep at this level.’” – John Lee Dumas
“Fulfillment means you’re waking up every morning and you are feeling excited and fulfilled about the action you’ll be taking that morning within your business and the results that’s happening.” – John Lee Dumas

Free Valuable Report for our Listeners: “3 Beliefs About Money Your Kids Should Learn That No One is Teaching Them”

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Recommended Resources:

Eofire.com
The Common Path to Uncommon Success: A Roadmap to Financial Freedom and Fulfillment by John Lee Dumas (https://amzn.to/3jc4BQ2)

Transcript

Click on a timestamp to play from that location

0:00.0	once you have money, you have a lot of things, you have freedom, you have the ability to
0:04.3	invest in yourself, to invest in other people, you have the ability to be a philanthropist
0:09.0	and write a check for causes that you love and that you support. And money makes the world
0:14.6	go round and the sooner the people embrace that and really understand that money is really
0:20.7	only a magnifier of who you really are as a person. So if you're a great person, more money
0:25.9	is going to even make you a greater person because it's going to allow you to do bigger and
0:30.3	greater things. If you're a bad person, money's probably going to make you a worse person because
0:34.4	you're going to do bigger and better things. So if you think you're a good person, you should
0:38.8	get some more money. Welcome to Good Money, where we believe money is not bad and good people should
0:51.1	have more of it. Good money and the hands of good people gets good work done. I'm your host,
0:56.8	Derek Kimmy. Would you like to make more money? Do what you're good at and stop the nine to five
1:03.6	grind? But you've been told that's impossible, right? My guest today, John Lee Dumas, is about to
1:10.3	prove you wrong. He's the host of the award-winning podcast, Entrepreneurs on Fire and author of the
1:17.3	best-selling book, The Common Path to Uncommon Success. John's wisdom has helped thousands of
1:24.4	people stop from becoming a wanna-be entrepreneur and start achieving true financial freedom
1:31.3	and fulfillment. He even shares his morning routine. You won't believe how specific it is.
1:37.7	Next, he says, how to know if some things you're doing right now would be better done by someone
1:43.3	else. Then John polls no punches when he says why you absolutely should not give your kids
1:50.3	money. I think you'll enjoy my conversation with John Lee Dumas. John, welcome to the show.
1:57.3	Derek, I am fired up to be here. Brother, we're going to have an amazing conversation.
2:03.1	Yes, we are. Let's kick it off. What are you doing right now to be more productive?
2:08.8	Focusing on my health, because it's the most important thing that I can do. So really having
	...

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