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What’s your thought of ? Is it having tons of within the financial institution? Respect from your loved ones, pals, and friends? Or is it the liberty to reside the life that you just’ve at all times needed?

Like most individuals, John Lee Dumas at all times thought that the way in which to develop into profitable was by monetary independence. Nevertheless, the extra he chased cash, the much less profitable and happy he felt. It wasn’t till he made a big mindset shift that his life took a pivotal flip. 

By taking cash out of the equation, Dumas was capable of see the larger image and create a enterprise and life that he actually loves. Immediately his award-winning and web site Entrepreneurs on Fire persistently brings in six-figures a month and helps tens of millions of individuals discover monetary freedom and success.

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A Childhood Incident Leaves an Indelible Mark

Dumas had what most would think about an extraordinary childhood. He grew up in a small city in Maine the place his father was considered one of three legal professionals, and his mom was a stay-at-home mother. He received first rate grades, performed sports activities, and led a typically sheltered life. Nevertheless, one jarring incident would change how he seen himself and form his relationship with cash for years to return.

“One evening once I was about eight or 9 years outdated, my Dad referred to as me downstairs. He was sitting on the desk doing his taxes, and he was not in a great temper. He made me sit down and take a look at all of the paperwork, and he mentioned, ‘Take a look at how a lot cash you’re costing me.’

Previous to that, I had no idea of cash or the truth that I could possibly be a burden on my mother and father. I didn’t notice the stress it prompted them to maintain me alive. So I developed this mentality of regularly making an attempt to be financially impartial in order that I wouldn’t be a burden on my household. This angle would result in a collection of dangerous selections.”

The Seek for Monetary Independence

After graduating from , Dumas utilized for an ROTC army scholarship in order that his mother and father wouldn’t should foot the invoice for his training. He spent 4 years at Windfall Faculty figuring out that he must take part in army service after his program completed. Dumas was in his senior yr when the September 11 assaults happened.

“I used to be going to be an officer within the military in six months, and it simply went from peacetime to struggle,” says Dumas. “A yr later, I used to be in commanding a tank platoon with 4 tanks and 16 males. Solely 12 of us made it again. It was extremely traumatic. Right here I used to be getting shot at and coping with dying, and to suppose it may possibly all be traced again to me simply desirous to get a scholarship and never be a burden on my household.”

Dumas completed his lively responsibility on the age of 26 and entered what he calls ‘six years of battle.’ He nonetheless had deeply ingrained concepts of what he thought success was. He started searching for out jobs that may earn him some huge cash however discovered that every one solely made him extra depressing than the final. It additionally didn’t assist that he was coping with .

“At first, I attempted to observe in my dad’s footsteps, so I utilized to and received accepted into legislation faculty,” says Dumas. “I believed that everybody in my household could be proud that I used to be in legislation faculty. Individuals wish to brag about stuff like that. However the PTSD made it troublesome to focus in order that I couldn’t do the work. I ultimately dropped out after one semester.”

After dropping out of legislation faculty, Dumas tried his hand at company finance in Boston. He lasted 18 months earlier than deciding the surroundings was simply too poisonous. He then joined a tech start-up in New York Metropolis but additionally hated the job. In San Diego, he began working in , and it was throughout this time that he had an epiphany.

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A Defining Second

Dumas’ job as a industrial dealer required him to spend a big a part of the day driving, so he began listening to podcasts and audiobooks to ease the boredom. Though he was earning profits, he felt unmotivated by life on the whole, so he started listening to tales about revolutionary entrepreneurs and different inspiring individuals.

“I’ll always remember one quote I heard on a podcast,” he says. “I used to be 32 years outdated, and it modified my life. An quote mentioned, ‘Strive to not develop into an individual of success, however quite an individual of worth.’ I had by no means considered life that approach.

“I appeared within the mirror and requested myself, ‘What have you ever accomplished over the previous six years that’s been of worth to anybody?’ The reply was nothing. I used to be doing every part for myself. That day I instructed myself I used to be quitting my job. I didn’t know what I used to be going to do, however I did know that the one requirement was it needed to be one thing of worth.”

Creating Monetary Freedom and Achievement

On a mission to make significant change, Dumas began devouring podcasts that includes interviews with entrepreneurs. In actual fact, he devoured a lot content material that he started working out of episodes on many podcasts. 

“I needed to listen to inspiring content material on daily basis, so I looked for a podcast that had every day interviews with entrepreneurs. I couldn’t discover one wherever,” Dumas says. “I couldn’t imagine there have been every day sports activities podcasts and whatnot, however none that interviewed profitable entrepreneurs on daily basis. It simply didn’t exist. I made a decision to vary that.

“I knew I used to be going to suck at first, however I used to be keen to place within the laborious work. I employed mentors, they usually emphatically instructed me the enterprise would fail. My angle was ‘problem accepted.’ If the very best individuals within the business had been telling me it couldn’t be accomplished, and I might discover a approach to do it, consider the chance there. That excited me. It additionally met my necessities to cease chasing success and develop into an individual of worth.”

Dumas’ plan was easy: create free, beneficial, and constant content material that may encourage individuals identical to the interviews he had listened to had impressed him. He launched Entrepreneurs on Fireplace in Sept 2012, and inside just some months, he had logged a whole lot of interviews and was changing into an authority determine and influencer within the business.

Because the podcast and web site grew in reputation, individuals started asking Dumas how they may do the identical factor, so he created a course instructing individuals the right way to begin, develop and monetize their very own podcasts. That month Entrepreneurs on Fireplace made its first $100,000. Since then, the enterprise has persistently earned seven figures yearly. 

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Success to Significance

Regardless that the cash was rolling in and Dumas was placing one thing of worth out into the world, he nonetheless felt like there was one thing lacking. An interview with Aaron Walker, life coach and founding father of View from the Prime, made him notice what that was. 

“Aaron talked about how he turned financially impartial at a younger age, however how that truly turned a detrimental for him,” says Dumas. “He had all this cash, but it surely didn’t make him really feel fulfilled, so he requested himself how he might go from success to significance. Since 2015, that has been my mentality.”

Dumas started interested by how he might share his success with others in a big approach. He received concerned in philanthropy, donating hundreds of {dollars} to organizations like Pencils of Promise, a non-profit that builds faculties in creating international locations. 

In 2016, Dumas and his fiance Kate moved to Puerto Rico, the place they now run the enterprise collectively. He managed to scale his life again in order that he solely works laborious for about 5 days a month, and the remainder of the time, he can run on autopilot. As a substitute of massively scaling the enterprise, he and Kate have determined that what they earn is greater than sufficient.

Including worth to the world has at all times been on the forefront of Dumas’ , which is why he continues to search out new methods to encourage and assist individuals. His first historically printed ebook is The Common Path to Uncommon Success, a ebook that teaches individuals the right way to discover their huge thought in order that they’ll create monetary freedom and design the lives they deserve.  Dumas based mostly the teachings on this ebook off a decade of interviewing over 3,000 of the world’s most profitable entrepreneurs.

“After years of looking and battle, I’ve lastly been capable of outline what success is for me,” says Dumas. “I’m dwelling in my zone of fireside, doing one thing that lights me up and excites me on daily basis. In doing so, I’ve designed the life that I would like. The issue with most individuals is that they by no means determine what their model of success appears like. 

Dumas doesn’t suppose that his story is especially exceptional. As a substitute, he believes that anybody can create a profitable enterprise by combining ardour and experience.

“There’s a buried alternative in everybody that may be unleashed to realize the monetary independence and the success you need. It is advisable know the place to start out. When you do, it’s a extremely highly effective journey. You may detect the way in which, however so long as you keep true to that zone of fireside, you’ll proceed including worth to the world and you’ll’t go fallacious.”