John Lee Dumas is the Founder and Host of EntrepreneurOnFire, awarded ‘Best of iTunes 2013′. John interviews today’s most inspiring and successful Entrepreneurs 7-days a week and has been featured in Forbes, INC, & TIME Magazine. John has turned EntrepreneurOnFire into a business that generates over $200,000 a month & shares all the detials via his monthly income reports at EOFire.com/income. John also founded the #1 Podcasting community in the world; Podcasters’ Paradise; a community where over 1200 Podcasters learn how to create, grow, and monetize their podcast in a supportive environment. EntrepreneurOnFire generates over 750,000 unique listens a month & recaps of these 700 plus episodes
In this episode we talk about:
* What did he think about podcasting before launching his business?
* What kind of impact podcasting done to his business?
* Being an avid listener of podcasting and reader of Entrepreneurship books that led him to very successful Online Entrepreneur
* His willingness to put the time and effort to to be an Entrepreneur On Fire
* How podcasting changed his business since he started in 2012
* How to find unique opportunity in finding own Niche?
* The Unique Value Distinguisher
* Why podcasting is so hot all of a sudden?
* The perfect times for consuming a podcast
* The massive directories where every podcasts can be found which brings massive traffic every single day
* The importance of creating podcasts that we are passionate about
* Being focus to make a unique, valuable and distinguish show as possible
* The EOFire (The Entrepreneur on Fire)
* John Lee’s objectives to inspire people, a mission to share , a mindset of abundance and focusing on the positives
* The health and overall success of EOFire
* How they manage failures?
* Their pretty big failures experienced but heading to massive success
* The importance of sharing their income report to their listeners to avoid the same mistakes that they made
* The definition of success and failures
When someone is considering a podcast as a medium, how do I know if it’s for me?
“The reality is this, there’s pros and cons. I guess, if you want to kind of look at as a con, there’s just a ton of people podcasting. I don’t ever believe a market is truly saturated. I just feel like you need to find your own niche, in your own actual place in your world. There’s never saturation point. There’s always a place to dive deeper. But there’s definitely a ton more people podcasting. The barrier has been lowered as far as the East start podcasting. But the reality is this, there’s a ton more people listening to podcast. There wasn’t these massive audience of potential listeners when I launched my podcast and now there is. There’s millions and millions of people that listen and love podcast that didn’t in 2012. So it’s a huge opportunity for people that want to learn a podcast and find a niche. I call it the UVD (The Unique Value Distinguisher) and dive in.”
How often should I podcast?
“Focus in doing a podcast seven days a week”
What are the first mistakes that podcasters often make?
“They are missing the main point. The main point is the question I’m asking are for the guest to tell a unique story. A story that theirs personally that nobody else has experienced. Nobody’s had the exact same worst entrepreneurial moments when they break it down to the base level and actually take us into that story.”
What are the most important things to consider?
“Podcasting is becoming massive and people are just seeing it as a great way to share free valuable and consistent content to build an audience.
