EFP 100: Lessons Learned Building Million Dollar Empires

Justin Cooke

July 3, 2014

Wow! When Joe and I got on the mic for our first podcast we never thought it would last 100 episodes. It’s amazing how quickly time flies.

We wanted to do something a bit special this week. We reached out to 11 of our previous guests who, all together, are making more than 8 figures per year. They’re each giving us their thoughts and insights on what we think are the biggest business lessons we’ve learned over the past few years.

A Round Table of High Impact Entrepreneurs

We have an amazing lineup of previous guests today including: Spencer Haws, Andrew Youderian, Dan Norris, Ian Schoen, Dan Andrews, Damian Thompson, Chris Ducker, James Schramko, Ace Chapman, Cody McKibben, and Tim Bourquin.

This is a special episode packed with valuable advice and I know you’re gonna love it!

Check Out This Week’s Episode Here:

 Direct Download – Right Click, Save As

Topics Discussed This Week Include:

  • The argument for giving information away for free.
  • Business transparency, building trust and opening doors.
  • Scaling businesses with powerful processes.
  • The integral role cash flow plays in doing your best work.
  • Southeast Asia as a bootstrapper’s paradise!
  • Fluctuating between shotgunning projects and narrowly focusing on just one.

Mentions:

Spread The Love:

“When your audience has trust you can then go onto monetize that audience in a number of ways.” – Spencer Haws – Tweet This!

“If people see you show the good and ugly it builds a ton of trust, especially if you’re trying to build a platform.” – Andrew Youderian – Tweet This!

“Once you have more team members you become a process freak.” – Damian Thompson – Tweet This!

“You’re always going to be run by your business instead of running it if you have to manage everyone that’s involved.” – Chris Ducker – Tweet This!

Thanks to all of our previous guests, mentors, customers, readers, and listeners. There’s no way we could have kept this going without your support, trust, and encouragement. Now – we want to hear about YOU and your business. What are the most valuable business lessons you’ve learned over the years? Leave a message on SpeakPipe or join us in the comments below.


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Discussion
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  1. Nick Loper says:

    Little bit late on this, but congrats on 100 episodes! I’ll say I’ve listened to most, and you’re one of my favorite shows. Keep up the great work :)

  2. Esteban Nina says:

    They say once you’ve passed 17 podcast episodes, you’re more likely to stick with it.

    I am so proud that my favorite PodCast is 100 episodes in! You’re PodCast has led me to listening and learning from all other PodCast that you have recommended. Pat Flynn: Smart Passive Income & Ask Pat, Spencer Haws: Niche Pursuits, Chris Ducker: Virtual Freedom, & more.

    I thank you for being so honest with your content, you have shown all of us how to be exemplary entrepreneurs.

    Thank you, Thank you, Thank you!

  3. Hey guys .

    Congratulations on your 100th episode . Wish you all the best and 1000 more episodes .

  4. Dom Wells says:

    Great stuff guys. Regarding the free information (and PBNs) – Jon Haver seems to be leading the way when he talks about exactly how he builds them out. I love that he did that. Maybe someone should take it even further!

  5. Congratulations guys! You are definitely one of the best guys in the industry that I look up for. Keep it up.

  6. Congrats guys! Monthly reports for the win :)

    • Justin Cooke says:

      Thanks, Alex! Yeah, man – glad Dan convinced you to continue with the monthly reports. It’s fun to follow along and watch you guys crush it. :-) Even more fun to watch your shitty copycats popping up – great stuff.

  7. Tom Libelt says:

    The big 100. Congrats. I’m downloading it now and will listen to it soon.

  8. GREAT show, congrats on the 100th and looking forward to 100 more!

  9. Cody McKibben says:

    This is awesome guys! Congratulations on the big 1-0-0! Very honored to be included amongst such a well-accomplished lineup of great guys, and happy I could make the time to contribute on my crazy travels through the UK here! Thanks! :)

    • Justin Cooke says:

      Thank you so much for sharing, Cody! Glad to have you as a friend and it’s always fun to check in and see what you’re up to. Speaking of which – it’s been too long! When are we getting you back to SE Asia, man? We need to catch up!

      • Cody McKibben says:

        Rounding out my UK trip with a week in London – then Berlin and Eastern Europe for the summer – then hopefully back to SEAsia for Q4 starting with DCBKK!

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