Ask Altucher

Today, James is going to fire off quick answers to a bunch of questions.

He talks about karma, investing, and relationships. He answers a question about his goals.

We'd love to hear about your "Choose Yourself" stories. Send your stories to: askjamesaltucher@gmail.com

Regards,

David

 

P.S. Hi, James here...

My new book is finally out! It has taken me a year to put together all the skills I think are needed to create abundance in this new economy. I hope you write me with feedback and questions. I have more books coming.

Here's what the initial reviews on this book have said:

"James Altucher did it again. I just finished and have to say it was a great read. Great insight into the future of wealth."

"I couldn't wait for this book to come out. It was well worth the wait! Very short and jam-packed with good ideas and advice for the budding entrepreneur. A must read!"

"This is the road map out. Very specific ideas to get you unstuck and to thrive in the 21st century. If you follow the ideas in this book, you will receive 1000% or more in return on your investment."

I'm really grateful for the response I've received so quickly. I feel we are quickly building a strong community of people who are deciding to "choose themselves."

 

If you want to get the book exclusively in hardcover, plus several other special reports, and a subscription to my brand-new newsletter, which is the equivalent of two additional chapters every month, claim your copy here

Direct download: AA20EP20230.mp3
Category:business -- posted at: 12:44pm EST

James always says that you should over-promise and over-deliver. Though, most people say you should under-promise and then over-deliver.

The over-promise gets you beyond what people think you might be able to do. Yes, it's stressful, but you'll stand out.

Then, when you over-deliver beyond even that, you'll grow as a person.

We'd love to hear about your "Choose Yourself" stories. Send us your stories here: askjamesaltucher@gmail.com

P.S. Hi James here...

My new book is finally out! It has taken me a year to put together a book of all the skills I think are needed to create abundance in this new economy. I hope you write me with feedback and questions. I have more books coming.

Here's what the initial reviews on this book have said:

"James Altucher did it again. I just finished and have to say it was a great read. Great insight into the future of wealth."

"I couldn't wait for this book to come out. It was well worth the wait! Very short and jam-packed with good ideas and advice for the budding entrepreneur. A must read!"

"This is the road map out. Very specific ideas to get you unstuck and to thrive in the 21st century. If you follow the ideas in this book your will receive 1000% or more in return on your investment."

I'm really grateful for the response I've received so quickly. I feel we are quickly building a strong community of people who are deciding to "choose themselves."

 

If you want to get it exclusively in hardcover, plus several other special reports, and a subscription to my brand-new newsletter, which is the equivalent of two additional chapters every month, claim your copy here

Direct download: AA20Ep20229.mp3
Category:business -- posted at: 1:31pm EST

Today's question for James is, would he home school his children?

James says absolutely, but only after the sixth grade. Well, sort of...

Instead he would "un-school" his kids. All they'd have to do is read one book per week and then discuss it with him. The rest of the time they could do whatever they want.

But here's the problem, James' kids want to go to school. They like the social aspect of it and they don't want to be one of those "weird" kids.

Listen here.

We'd love to hear about your Choose Yourself stories. Send us your stories here.

Regards,

David

P.S. Hi, James here...

My new book is finally out! It's taken me a year to put together all the skills I think are needed to create abundance in this new economy. I hope you write me with feedback and questions. I have more books coming.

Here's what the initial reviews on this book have said:

"James Altucher did it again. I just finished and have to say it was a great read. Great insight into the future of wealth."

"I couldn't wait for this book to come out. It was well worth the wait! Very short and jam-packed with good ideas and advice for the budding entrepreneur. A must read!"

"This is the road map out. Very specific ideas to get you unstuck and to thrive in the 21st century. If you follow the ideas in this book your will receive 1000% or more in return on your investment."

I'm really grateful for the responses I've received so quickly. I feel we are quickly building a strong community of people who are deciding to "choose themselves."

 

If you want to get it exclusively in hardcover, plus several other special reports, and a subscription to my brand-new newsletter, which is essentially like the equivalent of two additional chapters every month, claim your copy here

Direct download: AA20EP20228.mp3
Category:business -- posted at: 4:36pm EST

Is James' daily practice a way out of an addiction?

James says yes and no...

First, you need to become physically healthy. You need to sleep well, eat well, and exercise at least a little.

Listen today as James talks through becoming emotionally healthy, mentally healthy, and spiritually healthy.

Every day, try to improve just a little.

And remember to be grateful.

We'd love to hear about your "Choose Yourself" stories. Send them to askjamesaltucher@gmail.com.

Regards,

David 

P.S. Hi, James here...

My new book is finally out! It has taken me a year to put together all the skills I think are needed to create abundance in this new economy. I hope you write me with feedback and questions.

Here are some of the initial reviews on this book:

"James Altucher did it again. I just finished and have to say it was a great read. Great insight into the future of wealth."

"I couldn't wait for this book to come out. It was well worth the wait! Very short and jam-packed with good ideas and advice for the budding entrepreneur. A must read!"

"This is the road map out. Very specific ideas to get you unstuck and to thrive in the 21st century. If you follow the ideas in this book you will receive 1000% or more in return on your investment."

I'm really grateful for the response I've received so quickly. I feel we are quickly building a strong community of people who are deciding to "choose themselves."

If you want to get the book exclusively in hardcover, plus several other books by me, plus a newsletter that will be the equivalent of two additional chapters every month, claim your copy here.

 

P.P.S. Happy Birthday, Mollie.

Direct download: AA20EP20227.mp3
Category:business -- posted at: 10:17am EST

Today's questioner wants to know if James' daily 1% improvement comes from doing something brand new.

His answer is yes, and no...

Plus, today James answers a second question about how to format an e-mail and write a subject line so it gets opened and read.

Click here to listen to today's episode of Ask Altucher.

 

We'd love to hear about your Choose Yourself stories. Send us your stories here.

 

 

P.S. James' new book is finally out! He's been quietly working on this new volume for the better part of a year. Many people are telling him that it's his best book yet. He'd love to hear your feedback. His new book is all about money – how to make it, keep it, grow it, and enjoy it. This book is not yet available on Amazon, but we've arranged a way for you to claim a copy right here..

Direct download: AA_Ep_226_dn.mp3
Category:business -- posted at: 4:15pm EST

Is it ethical to just walk out of a meeting, quit your job, and never return?

Today, James talks about your legal and ethical responsibilities. When James walked out, he felt it was the best thing to do for all parties involved.

Click here to listen to today's episode of Ask Altucher.

We'd love to hear your opinion.

Direct download: AA20EP2022520copy.mp3
Category:business -- posted at: 4:15pm EST

What's the deal with The Paleo Diet?

James says screw it, it's just another marketing message.

Our lifestyle is so different from that of our ancestors. We sit at work all day and watch TV all night, between trips to the refrigerator.

Today, James talks about what it really means to follow a paleo diet. It's a lot more than just which foods you eat.

It's a lifestyle.

Direct download: AA20Ep20224.mp3
Category:business -- posted at: 1:49pm EST

How do I execute on my ideas?

 

It's extremely hard to come up with an idea worth executing. Execution is just a subset of ideas.

 

When you have a good idea, the next day you should make list of 10 ideas on how to move your idea forward.

 

I walk through a model you can copy.

Direct download: AA20EP20223.mp3
Category:business -- posted at: 1:55pm EST

Alan wants to know why I leas my car instead of buying it.

I'm  a bit conflicted about which is better – buying or leasing.

Today a car is really a computer with a bunch of metal wrapped around it. With technology moving so quickly, I don't want to be tied down to old technology.

I'd rather trade up every three years.

Plus, Claudia has a great idea for new car technology. Here's a hint... think about a wet dog.

Direct download: AA20Ep20222.mp3
Category:business -- posted at: 12:22pm EST

Don't Run Over a Baby in the Middle of the Snow

by James Altucher

 

The car started to skid and swerve and we couldn't stop. It was all my fault.

I had sped up while going into a sharp curve. I was just fooling around. The entire road was ice. My 12 year old kid was sitting next to me.

Why did I do that? I don't know. Because I'm an idiot sometimes. I hope all people are idiots sometimes so I don't have to feel so bad but maybe it's just me.

When we couldn't stop the car from skidding Mollie started screaming. We went into a snow drift and kept going.

The snow was beautiful and white and we were over the top and sitting in a perfect white yard. I put it in reverse but the car was perched in the air above the snow bank. It wouldn't move forward or backward and the wheel just spun in the air.

It was getting cold and dark. I had no shovel and when I went outside to try to kick away the snow around the wheel it seemed almost infinite. I kept kicking but my feet got cold and then I got cold and went back in the car.

Mollie was disappointed in me. "What are we going to do now?" She said. She was angry. But I had no idea.

I could have been disappointed. "Why me?" Or I could have been regretful. "Stupid me!"

I could have also been scared. What if we are stuck all night? Or even worse, what if I don't stop by the pharmacy and run the errand I said I would run for Claudia!

This is a great example of what I call a "difficult gratitude problem." Everyone says be "grateful." It's easy to be grateful when things are going well. Grateful for kids, wife, home, food, blah blah.

It's much harder to be grateful when you know you are an idiot and everything bad is your fault.

So here's what I am grateful for about crashing into the snow and being stuck in the night. I was totally irresponsible and foolish and it seemed like nothing good would come out of it.

A) I spent more time with Mollie.

She was disappointed in me at first. But then while we just sat there in the car doing nothing she showed me a game she was playing on her phone and we spent some time going back and forth, laughing, while she tried to explain her strategy for winning to me.

B) We live in an amazing service world.

I called Claudia, who called Honda, who called a towing service. It would take an hour but a towing service was on the way.

I didn't even have my phone. Mollie had her phone. Total cost: $0. We had some sort of insurance for an unlicensed irresponsible father crashing into snow banks on an icy road in the night.

C) It takes a village.

First one person passed and said, "do you need help?" Then another. Then another. One person helped me shovel. Another person got his own tow truck out. Another person kept finding more chains to link the two cars to help me. Strangers wanted to help. I feltgood about that.

D) I learned about cars.

I said to the first guy: "I think my car is broken now." He laughed. He didn't even know what that meant.

He said it just needed to be moved a little and it would be all right. He told me to cancel the towing service.

We figured I had "front wheel drive". I didn't know what that was. He said, "it means the front wheels drive. Not the back wheels."

And he showed me where the strap goes when a tow truck tows another car.

E) Rope beats Chain beats Nylon.

My car was really baked into the snow. It was like the candle in a cake. We couldn't drag it out. We tried a nylon strap. Then a metal chain. Both broke. Eventually a rope worked.

F) We had a party.

The reason I was outside was I just dropped off my older kid to her "sweet 16" sleepover with friends. Meanwhile, about 7 of us adults were outside in the cold trying to get my car out of the snow.

We were laughing because this was our version of an adult sweet 16. I seldom go to parties for more than 30 minutes. This was about an hour of hangingout and talking to people.

G) I didn't finish the errand.

By the time the car was out, the pharmacy had closed. I never got the medication. And then it turned out Claudia didn't need it. Which is good because the side effects were bad.

H) Hot chocolate.

After the car was out, instead of going home, I took Mollie for hot chocolate.

While we were having hot chocolate I had us do an exercise: where does she see our relationship in five years (she's 12) and where do I see it?

We didn't finish the exercise but we talked about the importance of doing exercises like that.

I'm glad she still listens to me even though she knows her father definitely shows signs of severe stupidity.

She said, "we had an adventure tonight!" Adventures are good for little kids. Sometimes for adults also.

I) I got to listen to music.

For a while I was sitting in the car alone while I was waiting. Mollie was in the house where the sweet 16 was with her older sister.

I hardly ever listen to music I like in the car. There was a "top 40" from this week in 1984.

I will be honest: 1984 was the best year in history for music. I listened to John Lennon's "Nobody Told Me There Would Be Days Like These." Michael Jackson's "Thriller" and a song I forget the title to bySheena Easton. Go 1984!

J) I felt happy.

When the towing finally worked with the rope strap, I felt "Hurray!"

I probably would not have felt that happy if I had just driven straight home. I got out of the car and shook everyone's hand. Everybody laughed. Everyone was happy even though this had taken up an hour of their time on a Saturday night. Maybe they felt glad they could help.

I also probably learned a lesson. Don't speed up on a curve on a road made of ice with snow all around at night. I say "probably" because who can predict? I make mistakes all the time.

Difficult gratitude problems are how you exercise the gratitude muscle. Don't waste it on easy gratitude problems.

Believe it or not, exercising the gratitude muscle helps solve digestive problems and makes it easier to sleep and even helps people with cancer and polio. I'm not kidding.

When we were having a hot chocolate later, Mollie told me something she was scared of in her life. Something that might happen in the future a year or two from now that she hopes doesn't happen.

I asked her to write down all the things she predicts in the future and see which ones come true. So she will know her success rate as a psychic. She laughed because she knew I was making fun of her.

I also told her there could be worse things. And she said, "like what?"

And I said, "well, I could've run over a baby while driving the car just now." She laughed, "why would there've been a baby crawling across the road in the middle of the night?"

"Well," I said, "I don't know. But that would be worse."

Click here to listen to today's episode of Ask Altucher.

Regards,

James

 

P.S. My new book is finally out! I've been quietly working on this new volume for the better part of the year. Many are telling me it's my best book yet. I'd love to hear your feedback. My new book is all about money – how to make it, keep it, grow it, and enjoy it. This book is not yet available on Amazon, but you can get a copy right here...

Direct download: AA20Ep20221.mp3
Category:business -- posted at: 11:37am EST