John Lee Dumas, Founder and Host of the award-winning podcast Entrepreneurs on Fire, Creator of “The Freedom Journal” and “The Mastery Journal” and an entrepreneur who generates a 7-figure net annual income speaks with Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy Podcast. In this episode, they discuss productivity methods, discipline and how to define success. Learn about JLD’s background, the importance of net profit, the value of structure, how to focus using refresh sessions and using the Pomodoro Method and Parkinson’s Law to elevate productivity.
- What is JLD’s background and how did he get started?
- What are his views on gross profit vs net profit?
- What advice does he give to entrepreneurs on how to grow a business?
- JLD encourages others to ask – what do I really want from my business and my life?
- How does JLD structure his days for optimum productivity?
- JLD discusses the role of refresh sessions to help you focus..
- Why does he dedicate the first 90 minutes of his day to self-care?
- What kinds of creative projects is he currently working on?
- What is the Pomodoro Method? What is Parkinson’s Law? And how do they work together to boost productivity?
- If JLD could wake up with one skill or quality to help him grow his business, what would it be?
- What is JLD’s vision for success?
- What are his parting words of advice for startups who are struggling?
- JLD encourages entrepreneurs to find the biggest pain points potential clients have so you can try to solve them through your expertise.
3 Key Points:
- Your focus should be on your business’s net profit rather than gross profit.
- Dedicate the first part of your day to self-care to start your day on the right foot.
- Define success for yourself.
- “How do you get better at something? Well, you actually do the thing.” – John Lee Dumas
- “Tasks will expand to the time they are allotted. That’s called Parkinson’s Law.” – John Lee Dumas
- John Lee Dumas (JLD) Website: https://www.eofire.com/
- JLD’s The Freedom Journal: https://thefreedomjournal.com/
- JLD’s The Mastery Journal: https://www.themasteryjournal.com/
- The Pomodoro Technique: https://francescocirillo.com/pages/pomodoro-technique
- Parkinson’s Law: https://www.merriam-webster.com/dictionary/Parkinson%27s%20Law
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