In Today's Episode You'll Learn:
John's story is famous. It has a strong fairytale-like feel to it, which creates an even greater appeal. Starting from scratch, following his heart despite the critique and doubts of others, most of whom are bigger experts than him, and making it BIG time with over $2M in less than 2 years; You have to admit John is the Cinderella of online entrepreneurship, only he didn't wait for no prince to bring him back his glass shoe - he worked his tail off to find it.
If you look closer, you'll see that there is no magic and no luck involved in this fairytale; John didn't win the lottery nor did he stumbled upon a million-dollars idea. Hard work and the stubborn faith in a happy ending is what allowed John and Kate to start their empire.
While the inspiring part of the EOFire empire is what gets told in social media, today's episode is all about intention, discipline and following orders no matter what. John shared today his secrets to getting everything done with such a small team. John didn't simply stumble upon a time management system that happened to work - he spent his whole life being aware of himself, writing the manual of John, and from the very beginning of Entrepreneur On Fire he has followed this manual to the tee.
Johns routines are not always fun, they don't always align with the entrepreneurial spirit, or at least not with how many entrepreneurs choose to see it. He works long hours, many days a week, he rarely takes a vacation and even when he does he usually combines it with a business event on location. That said, every second of every day in his life is carefully planned out, he will never burn out or run out of breath - he keeps himself alert, sharp, focused and highly effective through the same routines that kept him safe during his army service. Time is the most valuable commodity we have, and John gets it; In fact, he strongly believes in respecting your time before you can ever attempt to tame it.
Today's episode is all about living your life on purpose - every minute of every hour of every day. Not only until you become a fairytale - ALWAYS.
Today's Superhero
John Lee Dumas is an entrepreneur, speaker, podcaster, author, and the founder and host of EntrepreneurOnFire, a daily business podcast that was awarded Best of iTunes in 2013. John interviews today's most inspiring and successful entrepreneurs around the world including Brian Tracy, Seth Godin, Tim Ferriss, Gary Vaynerchuk, Barbara Corcoran and more.
Before having his AHA moment and becoming a successful entrepreneur, John was commissioned as an Armor and Logistics Officer in the US Army. He did a 13-month tour of duty in Iraq and served for seven more years (3 years active and 4 years reserved) before he left and had to get a job.
He then worked in financial services and commercial real estate thereafter. Wanting to be inspired to create freedom from the hamster wheel, John suddenly had his AHA moment during a daily routine while driving. The podcast he was listening to ended, which left him with nothing to listen to other than the radio for another 45 minutes of driving. He wanted more, but couldn't find a daily podcast on the market.
It's when he realized that the concept of creating a daily podcast has never been attempted by anyone before. So against discouragements and naysayers, John founded EntrepreneurOnFire in 2012.
EntrepreneurOnFire has been featured in TIME Magazine, Forbes and INC. With his mission to inspire others and dispense wisdom that will help entrepreneurs create freedom from the hamster wheel, John has turned EOFire into a multi-million-dollar business, generating more than $200,000 income in a month.
He, together with partner and EOFire's resident content genius, Kate Erickson, has created an empire and a tight-knit community of podcasters and entrepreneurs (Podcasters' Paradise and Fire Nation Elite) that shares their entrepreneurial journeys and best practices.
EOFire is currently enjoying more than 750,000 unique listens monthly.
Hero Q&A
1. Do you have a sidekick?
His team includes Kate and 3 full-time virtual assistants. Kate has her own VA, Jess, and John has 2 assistants that work 40 hours a week. For redundant tasks like follow-up emails, schedule tweets and Facebook posts, he trains his virtual assistants with these tasks through video tutorials and set it up as a recurring task for them. He uses tools like ScreenFlow, Jing and its upgraded version, Snagit to do this. He then started to build a library for his assistants to go back to the tutorials when needed and not come back to him when they have questions.
2. What's your super power when it comes to getting things done?
He's a huge believer of Parkinson's Law and its adage, "tasks expand to the time that you allot them." So when John wants to get something done, he sets absolute hard end time, like giving himself 90 minutes to complete a task, and focus on that task only, allowing no distractions whatsoever.
3. What is your kryptonite, when it comes to time?
John's kryptonite is email. He remembers during the early days of EOFire, when he gets 1-3 emails and he answers every single one them, but now, he's getting more than 200 emails a day. He still has this mindset of wanting to answer them all and because of that, he has become addicted to email, which has become a flaw. To help him, he uses Boomerang, an app to schedule responses or sending emails.
4. Name your top secret weapons for gaining time:
Boomerang – it’s a tool John uses when he receives an email, reply to it immediately and schedule it to be sent in a few days, so it won't initiate a conversation, which inevitably will eat up more of his time. It also frees up his inbox
ScheduleOnce – it allows John to keep his calendar too tight, compact and so efficient. He uses this for scheduling interviews, etc.
5. What is your biggest secret, the one that helps you get more time?
It would have to be TextExpander. It helps John save time from typing long texts by using keyboard shortcuts.
6. If a genie gave you one extra hour every day for the rest of your life, what would you do with it?
John will just have that extra hour to break away and have an hour of exercise. It can be getting up and going for a power walk; it can be 20 minutes of doing Insanity Workout; it can be going for a jog; it can be doing jumping jacks or pushups -- it can be anything to get the blood flowing, the endorphins going.
Mentioned Resources:
John on Twitter (@johnleedumas), Facebook, LinkedIn and Google+
EntrepreneurOnFire: website, YouTube, Stitcher Radio and on iTunes
Podcasters' Paradise
Fire Nation Elite
Webinar On Fire
E.ggtimer
ScreenFlow
Jing
Snagit
Parkinson's Law
Boomerang
ScheduleOnce
TextExpander