Ask Altucher






August 2014
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The specialty store Crumbs Cupcakes recently disappeared altogether as a chain. With loyal customers upset, a listener is wondering what caused the popular business to shut down.

Today, James and his wife, and temporary co-host, Claudia, talk about different restaurant and store chains that could also be at risk of losing business because they focus on a specialty item.

Should you be thinking twice about investing in some of these places?

James and Claudia also go over a brand new technique that people can use to decide whether they want to invest in a company.

Direct download: 08_1.05-STANS_AskAltucher_3.mp3
Category:business -- posted at: 11:13am EDT

Many people are starting to wonder which country is going to be the leader in the Bitcoin revolution.

Today, James and his wife, Claudia, talk about the differences between their two home countries.

Unlike James who was born in the U.S. where there are many opportunities for wealth and success, Claudia was born in Argentina where the government is corrupt and there aren't many jobs available.

She describes Argentina as a true "choose yourself" country, where the people have to worry about where their next meal is coming from. You either work hard... or you don't survive.

Find out why James says Bitcoin is on its way to being the currency of choice in Argentina...

Could this be where Bitcoin first erupts into a country's economy?

Direct download: AskAltucher_82.mp3
Category:business -- posted at: 10:36am EDT

James is always reading and usually it's more than one book at a time. His reading lists always prove to be something that interests our listeners so it's no surprise that today's question is, "What is James currently reading?"

We hope that you have a pen and paper in hand because it's a long list today from both James and Aaron.

And do you know which one of James' books is his absolute favorite?

Today he reveals which one he re-reads over and over again.

Direct download: Ep81_AskAltucher_AA-FINAL.mp3
Category:business -- posted at: 10:34am EDT

There are many critical thinking games that both children and adults can benefit from.

Today's question comes from a listener who wants to know what the benefits are of playing chess...

If you know anything about James, then you know how much he loves playing chess. Not only is it a leisurely activity that he enjoys, but it also serves as an excellent way to exercise his idea muscle.

Today, James shares several ways that chess has completely changed his life including landing him a job even though after completely ruining the interview.

It's a great way to build discipline, character, self-control, and critical thinking skills... all of which will help you choose yourself.

Direct download: Ep80_AskAltucher_AA-FINAL.mp3
Category:business -- posted at: 12:00pm EDT

Have you ever felt self-conscious about the way you look? Has your lack of confidence ever affected your relationships?

James grew up with a self-image that didn't help his social life, but over time, he has developed confidence and a higher sense of self-esteem that has completely changed his life.

Today, you'll hear several ways to boost your confidence and feel attractive in any situation.

We grew up hearing "beauty comes from the inside"... Find out how James' daily practice proves this to be 100% true.

If you feel good about yourself, then that is exactly how others will perceive you.

Focus on living every day with a smile and you will quickly see how others will be drawn to you.

Direct download: Ep79_AskAltucher_AA-FINAL.mp3
Category:business -- posted at: 10:47am EDT

Today's question comes from a listener who wants to know what to say to a friend that is having trouble funding a business plan.

James knows first-hand how difficult this can be...

He has started more than 20 companies, each with unique funding methods. You'll be surprised to hear what happened to the companies that were funded through venture capitalists.

James goes beyond just advice and talks about several ways entrepreneurs can find funding to support their businesses.

He explains exactly what your main focus should be and that once you have it established, you will see that funding can actually come very easily.

Direct download: AA_EP._78_08_1.05-STANS_AskAltucher_1.mp3
Category:business -- posted at: 11:47am EDT

Do you feel like you have wasted years of your life in a career that you are no longer interested in pursuing?

Are you just graduating college and unhappy with the field that you feel you have to go into?

James has repeatedly said college is a complete waste of time. In fact, he has a free report called the "50 Alternatives to College," all about what you can do besides go to college.

Today, he shares several ways that you can apply your degree toward doing something that you'll love.

If you went to school to be a doctor, that doesn't mean you are obligated to follow that career path. There are many other options that you can consider.

You are not stuck... there are opportunities out there. And today's podcast is where you will see the door open to new possibilities.

Tomorrow is never guaranteed, you should be making these changes today.

Direct download: Ep77_AskAltucher_AA-FINAL.mp3
Category:business -- posted at: 10:40am EDT

A couple of months ago, James and Aaron answered a listener's question about how to get unstuck in their current situation.

Since then, we have got continuous e-mails from listeners writing in with questions for more information on this topic.

So today, we decided to do a Part II to the segment.

Have you found yourself feeling trapped in a relationship, job, emotional slump, or just sick of a daily routine that never changes?

Today, James and Aaron talk about how the simple task of saying no to activities and duties that you don't want to participate in can dramatically change your life.

You'll hear how the "daily practice," becoming physically, emotionally, mentally, and spiritually healthy, and the power of no can provide you with a completely new outlook on the world.

With every obstacle, there is an opportunity. It's your choice to make it constructive to your wellbeing.

Direct download: Ep76_AskAltucher_AA-FINAL.mp3
Category:business -- posted at: 10:32am EDT

Although it may not seem obvious, every industry is the same when it comes to creating opportunities.

Today's question comes from a listener who wants to break into the film industry, but wants to hear James' advice on how he should do it.

Although James isn't a movie star, he lists some simple techniques that will help anyone break into any industry...

James explains that there are many ways to get noticed, and that you already have access to the technology to do so.

If you are not taking action with your own life, who will?

Today you will learn how to use books as mentors, market yourself, and find your own success.

It's time to go around the gatekeepers and make your dreams a reality.

Direct download: Ep75_AskAltucher_AA-FINAL.mp3
Category:business -- posted at: 10:26am EDT

You are most creative during your childhood years.

Our teenage years are when we want to be normal and fit in with our peers so we stop trying to be unique and creative... As adults we lose the talent of imagination and the creating of "what if" situations.

What we should be doing is looking to our children for inspiration.

James says "I'd rather be creative like my nine-year-old than teach them; there's nothing I can teach them. They're already creative at that age."

This is the show where you'll find yourself asking, "What could I be learning from children and how can I apply that to choosing myself?"

Direct download: Ep74_AskAltucher_AA-FINAL.mp3
Category:business -- posted at: 12:22pm EDT