John Lee Dumas interview with David Alan Binder

posted May 24, 2018, 3:28 PM by David Alan Binder

John Lee Dumas interview with David Alan Binder

 

Bio: John Lee Dumas is the host of Entrepreneurs on Fire, an award winning podcast where he interviews inspiring Entrepreneurs every Monday and drops value bombs every Thursday. With over 2000 episodes, 1.3 million listens every month, and seven-figures of annual revenue, JLD is just getting started. Visit EOFire.com to set YOUR Entrepreneurial journey ON FIRE!

 

Website: https://www.eofire.com/

 

1.     Where are you currently living?

Puerto Rico

 

 

2.     Do you have any suggestions or helps for new writers (please be so specific that this most likely will not have been seen elsewhere)?

John says, “There are no new ideas.”  He uses the Pomaduro method. (Wikipedia: “The Pomodoro Technique is a time management method developed by Francesco Cirillo in the late 1980s. The technique uses a timer to break down work into intervals, traditionally 25 minutes in length, separated by short breaks.”  He started with 25 minutes and has used 60 minutes and found 25 too short and 60 too long so he has settled on 42 as being optimal for him.  Also, he uses the Steven Pressfield “The Foolscap Method. (https://stevenpressfield.com/2013/07/the-foolscap-method-2/)

Then after the time is up he rewards himself with surfing the internet, taking a walk or other reward.

3.     How many books have you written?

Five

 

4.     What is one unusual way in which you promote your work?

One way is using Kickstarter for books.  There are not that many books on Kickstarter, and if you have a package of two, three or more then that makes it very unusual.  Also, he may include a visit to Puerto Rico, or a phone / Skype session or like including 10 journals, or a 10 minute podcast so these things make it incredibly unique.

 

 

5.     What saying or mantra do you live by?

F.O.C.U.S   An acronym that means Follow One Course Until Success.

Just take one idea and go all in on that one idea.  If you focus on too many items then they distract from each other.

 

6.     Anything else you would like to say?

He appreciated the time and ability to chat with me.

7.     I also asked him some relevant question for my continuing research into possibly living or retiring in another country.  He reminded me that Puerto Rico is a US territory and does not even require a passport to visit.  It is 3.5 million people who are mostly coastal and the power issues are mainly in the inland mountainous regions.  Act 20 passed about 4 or 5 years ago means that there is only 4% corporate tax, which means high net profit.  If you are making about $250,000 or more then that is quite a savings. 

I asked about bugs and he said he can keep the bay windows open and not have any flying bugs which surprised him.  They do have large iguanas but that they keep their distance.

 

 

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