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Create Scalable and Profitable Online Businesses While Living the Internet Lifestyle with Derek Gehl

August 13, 2016

Derek Gehl is an international speaker, author and serial entrepreneur whose companies have sold over $110,000,000 online since 1998. He’s helped thousands of other regular people jumpstart extraordinary online businesses, and today he leverages information marketing in a variety of niches to create scalable and profitable online businesses while living the Internet Lifestyle.

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Resources Mentioned:

  • Your Big Idea: Successful Entrepreneurs have One Big Idea. Follow JLD’s FREE training & you’ll discover Your Big Idea in less than an hour!
  • Audible – Get a FREE Audiobook & 30 day trial if you’re not currently a member!
  • WorkFlowy – Derek’s small business resource
  • Influence – Derek’s recommended book
  • Derek Gehl

3 Key Points:                      

  1. Build a business to support the lifestyle you want to have
  2. The fastest route to success is learning from successful people
  3. Time is a finite resource. Say ‘no’.

Sponsors

  • Earth Class Mail: Move your snail mail to the cloud! Visit earthclassmail.com/fire and enter promo code FIRE to get your first month of service free!
  •  Lenovo: Find & buy the right laptop, tablet, desktop or server!

Time Stamped Show Notes

(click the time stamp to jump directly to that point in the episode.)

  • [01:16] – Derek describes himself as a ‘lifestyle entrepreneur’
  • [02:16] – Derek’s businesses are mostly in information marketing. He helps experts in various fields turn their knowledge into scalable content
  • [04:00] – Worst Entrepreneurial Moment: Realizing for the first time that he’d built himself a job – and that he had no life
  • [05:53] – Why are you creating a business? What do you want from your life?
  • [07:05] – “We build a business to create a lifestyle”
  • [07:12] – Entrepreneurial AH-HA Moment: Meeting Cory Riddell and finding a mentor
  • [09:55] – The fastest way to success is to find someone who’s already successful and learn from them
  • [11:11] – Biggest weakness? – “Not saying ‘no’ often enough”
  • [11:54] – Biggest strength? – “The ability to see and create opportunities where others don’t”
  • [12:30] – What has Derek most fired up today? “Where we are today with technology – and the lifestyle that we can create using the Internet”
  • [15:26] – The Lightning Round
    • What was holding you back from becoming an entrepreneur? – “Being programmed to get a job and a paycheck”
    • What’s the best piece of advice you’ve ever received? – “Quit reinventing the wheel”
    • What’s a personal habit that contributes to your success? – “Planning my day every morning”
    • Share an internet resource, like Evernote, with Fire Nation – WorkFlowy
    • If you could recommend one book to our listeners, what would it be and why? – Influence
    • Imagine you woke up tomorrow morning in a brand new world, identical to earth, but you knew no one. You still have all the experiences and knowledge you currently have – your food and shelter taken care of – but all you have is a laptop and $500. What would you do in the next 7 days? – Jump online and find a passionate niche of people. Then create some simple opt-in offers and use really killer magnetic copy to sell those opt-in offers. Then, once I’ve captured their emails I’d use email to build a relationship, learn their problems… and start affiliate marketing.
  • [19:35] – Connect with Derek at his website
  • [19:48] – Parting piece of guidance? “Don’t give up”

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

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