James Altucher

James Altucher
James Altucher is an American hedge fund manager, entrepreneur, bestselling author, and podcaster. He has founded or cofounded more than 20 companies, including Reset Inc. and StockPickr and says he failed at 17 of them. He has published eleven books, and he is a frequent contributor to publications including The Financial Times, TheStreet.com, TechCrunch, Seeking Alpha, Thought Catalog, and The Huffington Post. USA Today named his book Choose Yourself one of the 12 Best Business Books of All Time...
NationalityAmerican
ProfessionAuthor
Date of Birth23 January 1968
CountryUnited States of America
Buying coffee on the street instead of in a Starbucks is the poor man's way to get rich. In other words, you will never get rich by scratching out ten cents from your dollar.
Become a beacon of enhancement, and then, when the night is gray, all of the boats will move towards you, bringing their bountiful riches.
The only skills you need to be an entrepreneur are the ability to fail, to have ideas, to sell those ideas, to execute on them, and to be persistent so even as you fail you learn and move onto the next adventure.
Products are valued higher than services.
Be honest about mistakes. Even if you are afraid of what people think.
If two people believe in the same story, they might be thousands of miles apart and total strangers, but they still have a sense they can trust each other.
Reading is the best return on investment. You have to live your entire life in order to know one life. But with reading you can know 1000s of people's lives for almost no cost. What a great return!
Don't sweat it if you are stuck in the corporate job right now. But begin to plan ahead. I know from much personal experience that it takes 1-3 years to transition from total scratch to making a living from home in any career you want.
Purpose is a man-made fiction. Nobody on their deathbed gets a plaque that says "he focused on only one thing for his entire life!" Those are counterfeit thoughts in a counterfeit society.
My feeling, based on my own experience, is that aiming for grandiosity is the fastest route to failure.
The reality is: when you're slouched over, not only are you not using the full potential of your brain, but you look untrustworthy.
Sometimes it's better to just be quiet, to not think of anything at all. Out of silence comes the greatest creativity.
Only free time, imagination, creativity, and an ability to disappear will help you deliver value that nobody ever delivered before in the history of mankind.
The best speakers are the ones who have put 10,000 hours into listening.