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SaaS Interviews with CEOs, Startups, Founders

Numbers Behind Freedom Journal Launch with John Lee Dumas of Entrepreneur On Fire

01 Feb 2016

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 15.773 Nathan Latka

This is The Top, where I interview entrepreneurs who are number one or number two in their industry in terms of revenue or customer base. You'll learn how much revenue they're making, what their marketing funnel looks like, and how many customers they have.

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Chapter 2: What is the Freedom Journal and its purpose?

16.274 - 27.49 Nathan Latka

I'm now at $20,000 per talk. Five and six million. He is hell-bent on global domination. We just broke our 100,000-unit soul mark. And I'm your host, Nathan Latka.

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Chapter 3: How does John Lee Dumas define a SMART goal?

27.47 - 42.249 Nathan Latka

Okay, Top Tribe, remember, every Monday I give one of you a hundred bucks to invest in your idea to help get it to the top. To enter, subscribe to the podcast on iTunes now and then text the word Nathan to 33444 to prove it.

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Chapter 4: What are the benefits of setting micro goals?

42.269 - 46.575 Nathan Latka

Again, that's Nathan to 33444 to prove it.

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Chapter 5: What are the production costs and pricing strategy for the Freedom Journal?

46.555 - 49.279 Nathan Latka

Last week's winner was Mike Shcherbakov.

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Chapter 6: How does the Freedom Journal aim to make a lasting impact?

49.919 - 51.662 Nathan Latka

Mike runs his own internet business.

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Chapter 7: What partnership does John have with Pencils of Promise?

51.682 - 58.37 Nathan Latka

He's doing between 100 and 500K per year. He's a blogger, author, and influencer, building his business listening to the top.

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Chapter 8: How does the Freedom Journal enhance user accountability?

59.612 - 80.425 Nathan Latka

Guys, coming up tomorrow morning, we've got a good one. This guy makes a million dollars per podcast. He's launched five podcasts and has raised $6 million. You'll learn how he did it tomorrow with Alex Bloomberg of Gimlet. Okay, Top Drive, good morning. I hope your New Year's is off to a great start.

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80.465 - 99.546 Nathan Latka

I'm sitting here with my coffee this morning, literally excited for you to meet, if you haven't already met him, our guest today. His name is John Lee Dumas, and he's the founder and host of EO Fire, Entrepreneur on Fire, an award-winning podcast where he interviews today's most inspiring entrepreneurs seven days a freaking week.

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99.526 - 119.425 Nathan Latka

JLD has produced over 1,000 episodes of Entrepreneur on Fire and generates over 300 grand a month in revenue. With over 1 billion unique monthly listens, EO Fire's inspired Fire Nation to face their fears and take the entrepreneurial leap. And we're going to talk about his next big project today. Mr. Dumas, are you ready to take us to the top?

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119.692 - 123.758 John Lee Dumas

Nathan, I am here. I am fired up. I am prepared to ignite, brother.

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124.499 - 143.725 Nathan Latka

Let's do it. Okay. First things first. You're crushing it with the podcast. You're doing all kinds of revenue. Revenue numbers people would never expect you to be doing when you first pitched this idea to them about EO Fire and the community you're going to build four years ago. Why now have you decided to go into physical products? And tell us about that product called The Freedom Journal.

144.11 - 164.751 John Lee Dumas

Well, the Freedom Journal is truly a passion project. And the story behind it, Nathan, is really one of 1,200 interviews that I've now done. And people reaching out to me, Fire Nation specifically saying, John, what is the magic bullet? What does Nathan do that's his secret sauce to success and your other 1,199 guests? And I...

164.731 - 179.645 John Lee Dumas

we're kind of getting a little frustrated because my answer was always, well, Nathan is like the hardest worker I know, as well as all the guests that I've had on EO Fire. They are just hard workers. So how about that? How about you try working hard? But that always kind of frustrated people and it wasn't the answer they wanted.

179.665 - 202.57 John Lee Dumas

But I did then step back another step, give myself a little bit of space. And I said, people like Nathan and other alumni of EO Fire, they do have one commonality. They know how to set and accomplish goals. period. And the portion of Fire Nation, love you all, that do not know how to set and accomplish goals are struggling. And I wanted to create something that was going to fix that.

202.73 - 216.745 John Lee Dumas

I have very premium, high-level podcasting and webinar courses that it's just not for everybody. Not everybody wants to podcast or do webinars, but I can tell you that I know that everybody needs and should want to set and accomplish goals the right way.

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