John Lee Dumas On How He Saved $1,000,000 In Taxes By Moving To Puerto Rico, How He Makes His Money, and More

**Shaan Puri** (0:00)
All right, today, we are hanging out with John Lee Dumas. He's a podcaster. He's got a pretty popular podcast.
He does something cool, which is he publishes all of his income online. So the guy's generated like $22 million in the last 10 years. He says, here's how much I've made. Here's how much I kept after expenses. He then moved to Puerto Rico and pays like 0% tax, a 4% tax basically. So we talk about his business, how he makes his money, why he moved to Puerto Rico, and the pros and cons of that.
And what else did we talk about?

**Sam Parr** (0:31)
We talked about-

**Shaan Puri** (0:31)
Fasting.

**Sam Parr** (0:32)
He did a 10 day water fast recently. So he told us all about that. We asked him if he knows of any marketers that are making just stupid amounts of money because that's what I was curious about. And we asked him a ton of good stuff. What did you think?
He's got some, he's got big energy. He's got BDE, man.

**Shaan Puri** (0:50)
It was fun. I didn't realize he would be fun. And I think there was some good comedy in this. I would give this one.
I'm gonna even ask producer Ben what he thinks.
I think this is an A episode, A or A plus, either one. I'm gonna save A plus for when some real special shit happens. But this was a solid A. I would want to listen to this conversation because I think I would hear some things that I don't otherwise get to hear. You don't really get to hear how people make their money, earn their money, what actual numbers are. People are very cagey about that.
And also this guy was very opinionated. He was like, y'all are fucking stupid for living in California and paying those taxes. And here's why. Here's how my life works, you schmuck. And so I liked his opinionated nature. I thought that was made for a good episode.

**Sam Parr** (1:31)
Also, how about him just making fun of me constantly?

**Shaan Puri** (1:35)
That's why I was like, oh, you must be boys. Because you must be super close.

**Sam Parr** (1:40)
I don't know about that. I mean, I like him, but no, he just got to make fun of me. He was like, dude, you don't even travel. You've never even been anywhere. I'm like, what are you talking about? You're just making fun of me, you bully.

**Shaan Puri** (1:50)
Yeah, you're like, I'm in Portugal right now.

**Sam Parr** (1:53)
Yeah, he just bullied me on my own pod. He just alpha'd me hard.

**Shaan Puri** (1:57)
Yeah, I think that should be the title of this. Like Sam gets out alpha'd and we talk about Puerto Rico and a bunch of other stuff. All right, enjoy the episode. So hang on, do you guys know each other well?

**John Lee Dumas** (2:20)
No, we've done a fireside chat together and he said a couple insinuating things on stage and I've really never forgiven him since.

**Shaan Puri** (2:30)
Oh, great, what did he say?

**John Lee Dumas** (2:33)
It's actually not even like, it shouldn't be repeated to be honest with you. Sam's like trying to think if he actually said something, which he didn't, it was amazing.

**Shaan Puri** (2:43)
Sam, why don't you do an intro then since you guys are buddies.

**Sam Parr** (2:46)
So, John Lee Dumas, he's had this, well, I think, no, it started, it was always a podcast. I couldn't remember if it was a blog also, but blog podcast.
And he's had it for like 10 plus years. I've listened to him forever. And he interviews entrepreneurs for a long time, it still is, it's every single day, it's only 30 minutes. And one thing that he did early on that he still does, in fact, I think you're one of the few people that still does is he releases his income every single month. And so like, I think in January, he made like $200,000 ish from podcasts and then another like 15 grand selling notebooks and then another tens of thousands of dollars selling his podcasters paradise.
So anyway, he's a, well, how would you describe yourself, John? You're a podcaster?

**John Lee Dumas** (3:35)
I'm a podcaster, entrepreneur, want to be influencer, want to be Sam, you know, all of those things fit.

**Sam Parr** (3:44)
But he's been doing this for years. And when I told him this on our, on his show, and I'm not bullshitting. When I started the hustle, I basically went and watched a ton of his interviews. I did it with him and Mixer G and I tried to figure out how newsletters worked.