John Lee Dumas: Host of the Entrepreneurs on Fire Podcast
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Guy Kawasaki and John Lee Dumas discuss various topics related to entrepreneurship, personal experiences, and podcasting. They begin by introducing themselves and their respective podcasts. John is the host of the podcast Entrepreneurs on Fire, where he has interviewed over 3,000 entrepreneurs. They then discuss John's decision to move to Puerto Rico for the tax benefits it offers, including no federal or state taxes and zero percent capital gains taxes. Both Guy and John express their love for California and the benefits of living in Puerto Rico.
The conversation takes a personal turn as Guy and John discuss their experiences of dropping out of law school and the impact it had on their relationships with their fathers. They emphasize the importance of finding a balance between passion, skill, and viability when pursuing a career or business idea.
John Lee Dumas emphasizes the importance of finding the number one solution to a real problem in the world and advises niching down until your solution is the best in the world for a specific problem. He reassures Guy that his podcast, Remarkable People, is already a micro-niche because of his access to top performers and remarkable individuals.
They briefly discuss Ronnie Lott and his football career, highlighting the unique stories and insights that can be shared through interviews with remarkable individuals. John concludes by cautioning against broad and vague podcast topics, emphasizing the value of a focused and specific niche.
They also discuss payment methods, the purpose of a company, and the importance of finding a mentor who is slightly ahead in their journey. Guy expresses his admiration for John and his podcast, Entrepreneurs on Fire.
Guy Kawasaki and John Lee Dumas discuss various topics related to entrepreneurship, personal experie