Guy Kawasaki's Remarkable People John Lee Dumas: Host of the Entrepreneurs on Fire Podcast
9 snips
Mar 30, 2022 AI Snips
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Move For Massive Tax Efficiency
- John Lee Dumas moved to Puerto Rico to drastically reduce taxes after scaling his business to multi-seven-figure revenue.
- He emphasizes staying six months a year to retain U.S. citizenship while paying a 4% corporate tax and zero federal capital gains tax.
Be The Number One Solution
- Make your product the number one solution to a real problem to win the market.
- Niche intensely until you can honestly claim you are the top solution for that problem.
Access As A Niche Advantage
- Guy Kawasaki's access to top performers is itself a powerful micro-niche.
- Unique access can be a defensible position even if the subject matter seems broad.