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My guest in this episode is Kate Erickson. Kate is the Content Creator and Community Manager for EntrepreneurOnFire, a daily podcast that interviews today’s most inspiring and successful Entrepreneurs 7-days a week. In addition to authoring the blog, Kate heads their mastermind community, Fire Nation Elite and their community for podcasters, Podcasters’ Paradise. And she knows first-hand what it is like to help someone start and build a business from scratch. Kate is also the host of the podcast, Kate's Take that shares actionable advice for entrepreneurs who are ready to do the work. Kate launched Kate’s Take in order to share behind-the-scenes of a seven-figure business. Systems, hiring a team, setting & accomplishing goals, productivity – if you’re ready to dive into the backend of a business and see how to get it all done, then Kate’s Take is a fantastic resource! Interview Links: EO Fire Kate's Take The Freedom Journal The Mastery Journal If you have enjoyed our podcast, please share with friends and family Please Subscribe, Rate, and Review on Itunes so more people can find us! so more people can find us! Please Support Us by Becoming A Patron on Patreon Open Your Goldmoney Account & Get A 5% Bonus Support Our Sponsors Joint Ops Properties, have designed a system to take any beginner to an experienced deal making investor in the least amount of time, offering opportunities from basic education, coaching, bridge investing to turn-key investments in the cash flowing market of St. Louis, MO. www.jointopsproperties.com Spartan Invest, helps investors create passive income and wealth through turnkey ownership in Birmingham Alabama. www.spartaninvest.com Norada Real Estate helps take the guesswork out of real estate investing. By researching top real estate growth markets and structuring complete turnkey real estate investments, we help you succeed by minimizing risk and maximizing profitability. www.noradarealestate.com Valhalla Wealth Financial, reclaim the banking function within your own life with the premier strategies of the Wealthy. www.valhallawealth.com Audible, download any audio book for FREE when you try Audible for 30 days www.cashflowninjabook.com Thanks so much for joining me again. Have some feedback you’d like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the bottom of the post! Also, please leave an honest review for the Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don’t forget to subscribe to the show on iTunes to get automatic updates, please follow me on twitter @mclaubscher and Instagram, @cashflowninjapodcast. Until next time! Live a life of passion and purpose on YOUR terms, M.C. Laubscher
John Lee Dumas is the Founder and Host of EntrepreneurOnFire, a Podcast interviewing todays most inspiring and successful Entrepreneurs 7-days a week. EntrepreneurOnFire was awarded 'Best of iTunes 2013 and generates over $250,000 a month in revenue. John and Kate have founded 3 amazing communities: Podcasters' Paradise, Webinar On Fire, and Fire Nation Elite. With over 950,000 downloads a month, EntrepreneurOnFire has inspired Fire Nation to take control of their life and make the Entrepreneurial leap. Are you prepared to IGNITE?
Build Your Utopia is both honored and excited to have John Lee Dumas and Kate Erickson from Entrepreneur on Fire, arguably the #1 podcast on iTunes. Entrepreneur On Fire, a Podcast interviewing today's most inspiring and successful Entrepreneurs 7-days a week. Entrepreneur On Fire was awarded 'Best of iTunes 2013’ and generates over $250,000 a month in revenue. John and Kate have founded 3 amazing communities: Podcaster's Paradise, Webinar On Fire, and Fire Nation Elite. With over 950,000 downloads a month, Entrepreneur On Fire has inspired Fire Nation to take control of their life and make the Entrepreneurial leap. Kate Erickson is the Content Creator and Community Leader over at EntrepreneurOnFire. She's also the Host of Kate's Take and the author of The Fire Path. John's Utopia is being able to have the life that he has created for himself, which is something he is really proud of. Kate agrees with John but also believes in a Utopia where she can call her own shots and also have financial freedom. With all the success John and Kate have had, at this point, they really do not know what their Utopia is 5 years from now, although they believe in staying nimble in business to be able to pivot with the industries' changes, which are frequent. The bottom line is that they want to stay on the cutting edge. John used a reference to Wayne Gretzky in explaining how he wants to end up in "where the puck will be." Utopian Quote of the Show "Entrepreneurs are willing to work like nobody else will now so they can live like nobody else later” - John Lee Dumas on Build Your Utopian. Click to tweet. John and Kate attribute pure hard work in attaining the success that they have attained. Kate never felt that she would be an entrepreneur and look at what she has done with John with Entrepreneur on Fire. The path up to this point has been brutal, plenty of hard work, and a plethora of lessons. John and Kate wouldn't change a single step up to this point since every step has had value. This goes to show how valuable it is to value every step along the way and to appreciate the path, stay focused, and not let stresses from challenges drag you down. John also recommends building up relationships along the way. There's a tremendous amount of value in relationships. John and Kate both maintain a semblance of a work-life balance by staying active, enjoying the beach, paddle boarding (as it has been publicized), and spending time with Kate’s family nearby. They've been able to do this while generating over $2.5 million in sales revenue. Overall, John gives himself a “D” for work-life balance in 2014 and is aiming for a B- in 2015. Using automation through Infusionsoft is a key for this. Finally, John and Kate left us with 3 super Value Bombs: If you want to be.. DO Understand that entrepreneurship is a journey and a process Use your experience and skills and make it happen Utopian Quote of the Show "Success is the gradual realization of a worthy ideal" -Earl Nightingale. Click to tweet. As always, a special thank you to The Strand for our intro and outro music!
Kate Erickson is the content creator and community leader for the award winning podcast EntrepreneurOnFire. Kate writes the EntrepreneurOnFire blog and the now famous EntrepreneurOnFire monthly income reports – famous, by the way, because last month alone EntrepreneurOnFire brought in $241,000 and change!Kate also manages the two EntrepreneurOnFire communities – Podcasters’ Paradise and Fire Nation Elite. And since I’m a member of both those groups it’s through that work that I’ve got to know Kate over the last few months.Kate recently became the host of a brand new podcast of her own, which is already highly successful. That podcast is called Kate's Take: The EntrepreneurOnFire Audio Blog.So as you can see, she is eminently qualified to be talking to us about how to publish and how to get our message out to the world and I’m really looking forward to hearing what she has to say!
John Lee Dumas is founder and host of Entrepreneur On Fire, a top-ranked business podcast that interviews today's most inspiring and successful entrepreneurs 7-days a week. John Lee also runs the popular online mastermind groups, Fire Nation Elite and Podcaster's Paradise. His book, Podcast Launch: A complete guide to launching your Podcast is available from Amazon. Talking about podcasting, networking and entrepreneurship. NBN 31 Show Notes Join the NBN Club today and meet over 90 smart minds who want to help you achieve your professional goals. Listen to episode 31 in iTunes or Stitcher. Sponsored by Refresh, who just released a new product specifically designed for professionals. It searches the web and social networks to add new professional and personal insights about your contacts to Salesforce. The most comprehensive online profile available will automatically be right in your Salesforce. NBN Radio listeners get a free trial from refresh.nbnradio.com. Interview with Refresh co-founder and CEO, Bhavin Shah. Thanks to Billy Burle for his amazing networking tip. Record your audio comment or networking tip here. Please pick up a copy of my book, New Business Networking: How to Effectively Grow Your Business Network Using Online and Offline Methods. Entrepreneur on Fire (EOF) has over 800,000 unique listens each month and over 9 million downloads to date. John Lee Dumas signed up for military at 17, entered the Armed Forces at 22, and became a captain. He served thirteen months in Iraq. He went to law school and worked in corporate finance, but hated it and quit. He also worked in commercial and residential real estate, but quit those too. At 32, he had the idea for a podcast and launched EOF in 2012. The show won best of iTunes in 2013. It took a lot of failures, quitting, and mistakes, and a lot of investing in himself. My interview on EOF for your listening pleasure. John Lee explains how he is able to produce a new episode every day. He is a firm believer in getting more stuff down before 9 am than most people. He learned this in the Army, who's motto is, "We get more done before 9 am then most people do all day." There is opportunity in voids not being filled, especially when people think it can't be done. He records eight, back-to-back, interviews one day a week. Networking has been everything! Entrepreneur on Fire has turned into a networking machine. He does eight other interviews each week for other podcasts (like this one). John Lee belongs to a small mastermind he meets with each week. They also do a quarterly retreat. It's important to have a mentor who is already in the place you aspire to be. As a podcaster you can grow authority in your niche. You can garner credibility from an audience who knows, likes, and trusts you. He refers to his audiences as Fire Nation. John Lee created a private mastermind called Fire Nation Elite, which is a five-figure revenue generator per month. He has also created a private group called Podcaster's Paradise with 1,300 members who aspire to create, grow and monetize their podcasts. All you need is 1,000 people. Read Seth Godin for more on this. Check out the NBN Club to connect with fellow listeners of this show. We have our own mastermind group. Focus on utilizing your time in the best way possible. Stick to your calendar that is chock full. How he produces the Quotes on Fire podcast. Ask Pat by Pat Flynn. John Lee shares his income reports openly on his site. "Try not to become a man of success, but rather try to become a man of value." - Albert Einstein. It takes time to build an audience and justify starting to charge for things. You have to bring value first. He recommends books, The Slight Edge: Turning Simple Disciplines into Massive Success and Happiness by Jeff Olson and John David Mann and The Compound Effect by Darren Hardy. It's really important to do the small things right. Look at your journey as a marathon. How he got interested in podcasting. John Lee was inspired by podcasts like APN Market Place, Dave Ramsey, David Siteman Garland, Andrew Warner, Pat Flynn. Strike while the iron is hot! App Recommendation: Sunrise. Book Recommendation: The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results by Gary Keller and Jay Papasan. Contact John Lee at EOFire.com or PodcastersParadise.com. Click HERE to subscribe in iTunes Click HERE to subscribe in Stitcher
In this episode I dive into all the details of how to create your own mastermind. Check out the 5 steps you need to take, along with specific examples of how we executed each of them when we created our own mastermind, Fire Nation Elite. Post that accompanies this episode: http://eofire.com/episode16 Leave a Rating & Review for Kate's Take
In this episode, I talk about how building relationships and seeking and sharing advice with others through a mastermind community can help you take massive steps towards growing as an entrepreneur. This is one of the major reasons why we created Fire Nation Elite, to pay that experience forward. Post that accompanies this episode: http://eofire.com/episode15 Leave a Rating & Review for Kate's Take
Inspiration: Kate Erickson is the "second half" of a top-ranked daily business podcast that interviews successful entrepreneurs. In today's episode, you'll discover how Kate transitioned from the world of corporate advertising into being the right-hand-woman of John Lee Dumas, founder of Entrepreneur on Fire. Challenge: As the content creator, Kate consistently delivers actionable advice and inspiration to aspiring entrepreneurs. She also leads the amazing Fire Nation community, including the Fire Nation Elite mastermind group. Passion: Kate strongly believes that the key to success in any business lies in closely listening to your customers and giving them what they want. Don't miss this enlightening discussion full of golden nuggets that will help you grow as an entrepreneur. Advice: The obstacles that Kate had to overcome on her path to being a successful businesswoman. The importance of delegating tasks within your business in order to focus on your most effective work. How believing in yourself and taking massive action will exponentially speed up your growth. The mindset shift that Kate needed to make in order to become truly successful. Entrepreneurs Resource: Use WorkFlowy as a task-keeping tool. TextExpander helps you write faster by creating keyboard shortcuts to often-used text snippets. Blogs, Books & Podcasts: Copy Blogger Smart Passive Income Podcast Ask Pat Podcast Looking Back: If Kate could do it all over again, she would have been much more open with her struggles. She had a lot of questions about how to overcome the stigmas of entrepreneurship. If she could change anything, she would have thought less of what other people think of her, and really focused on doing what she wanted to be doing. Interview Links: Kate on Google+ Kate's LinkedIn page Click Here to Subscribe in iTunes Follow us via Stitcher Listen in via RSS If you like the show do me a BIG favor and leave a rating and review on iTunes and Share this episode with others by clicking the Social Links on the left. Thanks for listening! Ready to unleash YOUR Purpose? Sign up for our free weekly Unleash! Workshop @ TheBreakthroughAcademy ________________________ [saf] The post Ep #11: Prepare to Ignite with Kate Erickson appeared first on .
Hello and welcome to another episode of Franchise Euphoria, THE podcast to help people succeed in franchising! So often, people are unsure if they should buy a franchise or just start their dream business from scratch. Well on Today's episode I am interviewing Kate Erickson. Kate is the Content Creator and Community Manager for EntrepreneurOnFire, a daily podcast that interviews today's most inspiring and successful Entrepreneurs 7-days a week. In addition to authoring the blog, Kate heads their mastermind community, Fire Nation Elite and their newest community for podcasters, Podcasters' Paradise. And she knows first hand what it is like to help someone start and build a business from scratch. Key Takeaways: Kate's diverse background has really helped in her role as Content Creator & Community Manager for Entrepreneur on Fire. Finding a partner in business that compliments your skills is an important key to success. Creating systems & processes is extremely important....the earlier you do it the better. Know your target market and build your business around meeting their needs. Hire carefully, and know what you are looking for before you hire for it. Pay attention to the details: brand, communication, logo, website, format, etc. Every entrepreneur should take part in masterminds and find mentors to reach out to and learn from. Click here to learn more about the incredible story behind Entrepreneur on Fire. Kate can be reached at: Kate@entrepreneuronfire.com. What is your biggest takeaway from this interview?
John Lee Dumas started his Entrepreneur on Fire podcast in June of 2012 (about a year ago). Fast forward and John now has a podcast that is in the top 5 of business podcasts in iTunes. He is making 18,000 a month, reaching HUNDRED of THOUSANDS of people each month in over 145 countries. He did it using the organizational tools and courage he learned in the Armed forces (he served 13 months in Iraq) and with passion that is infectious. He was consuming a large about of podcasts in the car, but he needed more content. What did he do? He filled his own void by creating the podcast he wanted to listen to. Your Podcasts Downloads Stats All In One Place - Stitcher News [3:00] Stitcher announced that they will "pinging" your media host. In a memo that was sent out they outlined the changes as follows: You should begin to see a change in your stats via your hosting provider dashboard when our iOS update is live in the App Store within the next few days. The magnitude of the change will vary based on the specific show but should be noticeable immediately via your hosting provider’s metrics dashboard. We are also updating the Stitcher Partner Portal to reflect this change. We will keep you posted on timing but anticipate seeing this new Download number included in you Stitcher metrics within the next few weeks. The old Downloads stat, which was measuring actual listens, will still be in the partner portal but relabeled “Listens” This means that we no longer have to login to (for example) Libsyn.com or Blubrry.com (two of the top media hosting companies) and then later also check into Stitcher. This will make is easier to quote numbers to potential sponsors. Congratulations Marcus Couch [7:21] If you are a regular listener of the School of Podcasting then you know Marcus Couch and I go way back to the early days of Podcasting with companies like Mevio, Juice Software, and iRiver recorders. Marcus is an SEO expert and a Wordpress Guru. He wanted to get more traction in the Wordpress World. His goal was to get on to the dashboard of every Wordpress user and this month he landed there. How? By doing what Marcus preaches - creating good content. He has his music show the Scene Zine, and recently became a co-host of Wordpress Plugins A to Z (one of my favorite podcasts). You an now read him on the official Wordpress Tavern blog. Congrats to Marcus. John Dumas of the Entrepreneur on Fire Podcast - Light Up the Sky! [9:02] John Dumas is the passionate podcaster behind the microphone on Entrepreneur On Fire. He is also the author of the Book Podcast Launch, and is now rolling out an inner circle mastermind group call Fire Nation Elite. In today's interview you will get inside the mind of John and see his commitment to his audience. You will see where his drive is to inspire his audience to take action. You will hear how he is building his audience through dedication, commitment, and a determination to build his audience (called "The Fire Nation") one person at a time. John shares what lessons he learned during his 13 months in IRAQ. "It's better to make a good decision now then make a great decision later." John spent $3,000 to hire a personal mentor (Jaime Tardy) and says if you don't have that much to invest in your podcast start up that you could check out master mind or online groups (I'm a big fan of some of the groups on Google+, LinkedIn). A One on one coach can be helpful because of the personalized approach. Mastermind groups (which you might find at meetup.com) may get you in contact with other people and become a networking opportunity. [23:55]Entrepreneur on Fire had 267,000 unique downloads in May of 2013 and June should go over 300,000. [25:25] My favorite part of the interview is when John goes to tell me some new news from Apple. He doesn't say, "This is something my audience doesn't even know yet." He doesn't say "This is something the fire nation isn't aware of." He says "I haven't even told fire nation," and to me it shows how John thinks of his audience as ONE person. John talks about the importance of having an "avatar" of your audience (picture your audience member), and then talk to that person. John asks the same questions to every guest on his show. This accomplishes two things. You know what's coming, and you never know what you're going to get (because each guest answers them differently). John has got some great guests like Seth Godin, Tim Ferriss on his show. How? He caught them when they had books available and were on publicity tours. [35:40]Industry Standard Podcast CPM Sponsors came to John when was seen in the top rankings of iTunes. According to John the industry standard is: $18 cpm (per thousand downloads) for a 15 second preroll at the beginning of your podcast. $25 cpm for a 60 second spot in the middle of your podcast. John in the second quarter of 2013 was getting 8,000 downloads per episode. This calculates to $300 per episode - per sponsor. John had two sponsors per show. This means he was making $600 per episode. John does 30 episodes a month, so he made $18,000 a month. His sponsors are signing up for the third quarter (which shows that podcast sponsorship works). John has his mastermind group that you can join at firenationelite.com John released a book Podcast Launch which is spreading his brand. John is using a Private Facebook group to manage his membership/mastermind group. John's Weekly Schedule Mondays - He had 8 straight interviews on every single Monday. He was up to midnight editing. Tuesday - Wide open. Wednesday - Wide open. Dinner with friends. Thursday - Interviews on other podcasts. Friday - Fire nation elite members. Saturday - Fire nation elite interviews before going to visit family Sunday - Splicing entrepreneur on fire interviews. Mentioned On This Show Podtrac.com The Mid Roll Advertising Blubrry.com and Libsyn.com (get a free month at Libsyn using the cod e sopfree) Jim Collison Wordpress Plugins A to Z Stitcher App