How a Childhood Incident Created His Unhealthy Drive for Success



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

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

By taking cash out of the equation, Dumas was in a position to see the larger image and create a enterprise and life that he actually loves. Immediately his award-winning and web site Entrepreneurs on Fireplace constantly brings in six-figures a month and helps thousands and thousands of individuals discover monetary freedom and achievement.

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A Childhood Incident Leaves an Indelible Mark

Dumas had what most would contemplate 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 obtained respectable grades, performed sports activities, and led a usually sheltered life. Nonetheless, one jarring incident would change how he considered himself and form his relationship with cash for years to return.

“One evening once I was about eight or 9 years previous, my Dad known as me downstairs. He was sitting on the desk doing his taxes, and he was not in an excellent temper. He made me sit down and take a look at all of the paperwork, and he stated, ‘Have 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 may very well be a burden on my dad and mom. I didn’t understand the stress it precipitated them to maintain me alive. So I developed this mentality of regularly making an attempt to be financially unbiased in order that I wouldn’t be a burden on my household. This perspective would result in a sequence of dangerous selections.”
 

The Seek for Monetary Independence

After graduating from , Dumas utilized for an ROTC army scholarship in order that his dad and mom wouldn’t must foot the invoice for his schooling. He spent 4 years at Windfall School understanding that he must take part in army service after his program completed. Dumas was in his senior 12 months when the September 11 assaults passed off.

“I used to be going to be an officer within the military in six months, and it simply went from peacetime to warfare,” says Dumas. “A 12 months 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 demise, and to suppose it may well all be traced again to me simply eager to get a scholarship and never be a burden on my household.”

Dumas completed his lively obligation 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 looking for out jobs that will 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 comply with in my dad’s footsteps, so I utilized to and obtained accepted into regulation faculty,” says Dumas. “I assumed that everybody in my household can be proud that I used to be in regulation faculty. Individuals prefer to brag about stuff like that. However the PTSD made it tough to focus in order that I couldn’t do the work. I finally dropped out after one semester.”

After dropping out of regulation 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 in addition 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 getting cash, he felt unmotivated by life normally, so he started listening to tales about modern entrepreneurs and different inspiring individuals.

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

“I regarded within the mirror and requested myself, ‘What have you ever finished over the previous six years that’s been of worth to anybody?’ The reply was nothing. I used to be doing all the things for myself. That day I advised 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 Success

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 operating out of episodes on many podcasts. 

“I needed to listen to inspiring content material each day, so I looked for a podcast that had each day interviews with entrepreneurs. I couldn’t discover one anyplace,” Dumas says. “I couldn’t consider there have been each day sports activities podcasts and whatnot, however none that interviewed profitable entrepreneurs each day. 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 onerous work. I employed mentors, they usually emphatically advised me the enterprise would fail. My perspective was ‘problem accepted.’ If the most effective individuals within the business have been telling me it couldn’t be finished, and I may discover a method to do it, consider the chance there. That excited me. It additionally met my necessities to cease chasing success and turn into an individual of worth.”

Dumas’ plan was easy: create free, priceless, and constant content material that will encourage individuals similar to the interviews he had listened to had impressed him. He launched Entrepreneurs on Fireplace in Sept 2012, and inside only a few months, he had logged a whole bunch of interviews and was turning into an authority determine and influencer within the business.

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

Associated: 4 Easy Steps to Reaching Monetary Independence and Retiring Early
 

Success to Significance

Despite the fact 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 understand what that was. 

“Aaron talked about how he grew to become financially unbiased at a younger age, however how that really grew to become a damaging 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 may go from success to significance. Since 2015, that has been my mentality.”

Dumas started occupied with how he may share his success with others in a major method. He obtained concerned in philanthropy, donating 1000’s of {dollars} to organizations like Pencils of Promise, a non-profit that builds colleges in growing 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 onerous for about 5 days a month, and the remainder of the time, he can run on autopilot. As an alternative 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 guide is The Widespread Path to Unusual Success, a guide that teaches individuals how one can discover their massive thought in order that they’ll create monetary freedom and design the lives they deserve.  Dumas primarily based the teachings on this guide 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 in a position to outline what success is for me,” says Dumas. “I’m residing in my zone of fireside, doing one thing that lights me up and excites me each day. In doing so, I’ve designed the life that I would like. The issue with most individuals is that they by no means establish what their model of success seems like. 

Dumas doesn’t suppose that his story is especially outstanding. As an alternative, 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 attain the monetary independence and the achievement you want. You’ll want to know the place to start out. When you do, it’s a extremely highly effective journey. You would possibly detect the best way, 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 mistaken.”



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