John Lee Dumas and Daryl Urbanski discussed strategies for success in business and podcasting. They emphasized the importance of finding a mentor, prioritizing activities, and optimizing efforts. Daryl highlighted the value of connecting with the right people, reading books, and maintaining a daily focus. Later, Daryl and John Lee discussed personal growth, self-education, and skill mastery, emphasizing the need to surround oneself with the right people, gain practical experience, and dedicate time to learning and implementing new skills. Finally, Daryl and John Lee discussed the importance of prioritizing focus and action to achieve success in business, encouraging John Lee to prioritize his goals and provide advice on how to achieve them.
Here are the reasons why you should listen to the full interview
Learn how to leverage self-education for personal and career growth.
Discover the importance of targeted focus in achieving success.
Understand the 20% principle in prioritizing tasks to maximize productivity.
Resources
- Entrepreneurs on Fire with John Lee Dumas
- You may Connect John Lee Dumas on LinkedIn | Youtube
- You may Connect John Lee Dumas on Facebook | Instagram
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Interview Highlights
Entrepreneurship, business growth, and financial management
- Daryl Urbanski offers business coaching services to help clients improve their lives and grow their businesses.
- He provides personalized recommendations based on clients' needs and goals, and connects them with expert resources.
- Daryl Urbanski highlights the importance of credit card processing fees and the potential risks of using the wrong merchant account.
- John Lee Dumas shares his secrets to building a successful podcast and generating over a quarter of a million dollars in monthly revenue.
Entrepreneurship, failure, and success with a relatable story
- John Lee shares their unconventional path to entrepreneurship, admitting they were never driven to be an entrepreneur.
- John Lee found success with their first entrepreneurial venture, Entrepreneur Fire, despite initial failures.
Finding a mentor, self-education, and the importance of the five people you spend the most time with
- Successful entrepreneurs find mentors who are already where they want to be.
- John Lee emphasizes the importance of self-education for entrepreneurs, citing Jim Rohn's quote on the average of the five people you spend the most time with.
- John Lee Dumas and Daryl Urbanski agree that mentorship is crucial for success, with John Lee sharing his own experience of learning from various entrepreneurs and business leaders.
Focus and prioritization for entrepreneurs
- John Lee emphasizes the importance of hands-on learning over formal education.
- John Lee advises against pursuing an MBA or traditional education for entrepreneurs.
- John Lee emphasizes the importance of focus, citing the acronym "FOCUS" (Figure Out Your Course, Understand Your Strengths, Set Goals, Stay Motivated, and Take Action).
- John Lee prioritizes tasks by focusing on one thing at a time, allowing for deeper progress and momentum in a particular area before expanding to others.
Prioritizing and focusing on high-impact activities to achieve desired outcomes
- John Lee prioritizes 20% of activities for 80% of desired outcomes, focusing on the most beneficial tasks.
- John Lee optimized daily focus by batching interviews, overcoming challenges and mistakes through experimentation and continuous improvement.
Building a successful business through podcasting and online courses
- John Lee emphasizes the importance of small, consistent efforts in building a successful business.
- John Lee Dumas and Daryl Urbanski discuss the books "The Compound Effect" and "The Slight Edge" by Darren Hardy and Jeff Olson.
- John Lee shares their experience of launching a successful podcast and webinar business, mentioning the importance of making sacrifices and focusing on the business.
- John Lee offers advice to listeners, encouraging them to start at eo and take advantage of free trainings and opportunities.
Setting and achieving goals with a new journal product
- John Lee is launching a new journal called the Freedom Journal to help people achieve their goals in 100 days.
- John Lee's inspiration for the journal was The Five Minute Journal, but he wanted to add a structure to it to make it unique.
- John Lee shares quote about keeping things simple and doing the thing you want to be.
- John Lee encourages listeners to start working towards their goals, even if they're bad at first.
Learning curves and expertise with examples from TED talk and personal experience
- Daryl Urbanski and John Lee Dumas discuss the idea that becoming an expert in a skill takes less than 10,000 hours, with Speaker 2 sharing his experience of learning Adobe Audition in one weekend and becoming an expert in it.
- The two discuss the concept of an expert witness in a court of law, with John Lee sharing his experience of becoming an expert witness in Adobe Audition after learning it in one weekend.
- Daryl Urbanski encourages listeners to reflect on lessons learned and take action for personal and business growth.
About John Lee Dumas
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