Synopsis
James Altucher is a successful entrepreneur, investor, board member, and the writer of 11 books including the recent WSJ Bestseller, "Choose Yourself!" (foreword by Dick Costolo, CEO of Twitter).He has started and sold several companies for eight figure exits. He's on the board of a billion revenue company, has written for The Financial Times, The New York Observer, and over a dozen popular websites for the past 15 years. He's run several hedge funds, venture capital funds, and is a successful angel investor in technology, energy, and biotech.He has also lost all his money, made it back, lost it, made it back several times and openly discusses how he did it in his columns and books.
Episodes
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[Bonus] - Steven Pressfield [Part 2]: The Meaning of Practice
15/12/2016 Duration: 39minSteven Pressfield wrote all of the greatest books for writers. He's a pro. And in part 1 he talks about turning pro. Now he talks about HOW to develop your skills. "I have a writing practice," he says. "And what that sort of means is you detach yourself from the outcome and you're looking at the long picture. If somebody says to me, 'Steve you're gonna live to be 97.8 years old. Are you going to be writing the last day of your life?' I'll say, 'Yes.' And I don't give a shit if it sells or not. I'm in it." Be in it. Because it's not just a habit... it's your life. ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to
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Ep. 197 - Steven Pressfield [Part 1]: How to Go From Amateur to Pro
13/12/2016 Duration: 01h03minHOW TO GO FROM AMATEUR TO TURNING PRO? I had a full time job. I was trying to run a business on the side. I was pitching two TV shows. And I was obsessively playing chess day and night and traveling to tournaments. And nothing was going well. My attention was scattered. I was unhappy. I felt stuck. One time I was talking to one of the partners in my side business, Randy Weiner. I said to him, "I'm reading this fascinating book about chess endgames". He said, "I don't care about that! Why are you even looking at those books? Chess is a game for kids. You should be working at this business full-time." The next day I quit my job. I joined the business full time. I never played in another chess tournament ever again. I stopped pitching TV shows. I went from being an amateur to being a pro. Which is why I'm glad the other day I spoke to Steven Pressfield, author of "Turning Pro", "The War of Art", "The Legend of Bagger Vance", "Do the Work", and more than a dozen other great books and novels. Sometimes it seemed l
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[Bonus] - Tim Ferriss: [Part 2] Where Are You Not Replaceable?
08/12/2016 Duration: 01h19minI was very late and I was very upset at myself. I had flown three thousand miles. I moved into an Airbnb right next to where Tim was staying. I had written thousands of notes on ripped pieces of paper and stuck them all throughout the book. I had notes written up and around all the margins. I listened to dozens of his podcasts. And I've known him for years. All morning I had jotted down possible questions. And I was late to meet Tim for our podcast. Because the west coast is three hours a way in time travel from the east coast. That's how stupid I am. I rushed over and he was waiting. Tim follows his own advice. He was relaxed. No problems. I apologized, we spoke for awhile, and then started the podcast. Three hours later...not even close to done but we stopped. I want to be a better person in life. I want to be healthier. I want to be more creative. I want to find what is hidden inside of me, dig around, unleash it. I want to find the strength to do that. It's not an easy to thing to do. To scrape the dirt a
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Ep. 196 - Tim Ferriss: [Part 1] Becoming a Titan & Overcoming Your Worst Weakness
06/12/2016 Duration: 01h18minI was very late and I was very upset at myself. I had flown three thousand miles. I moved into an Airbnb right next to where Tim was staying. I had written thousands of notes on ripped pieces of paper and stuck them all throughout the book. I had notes written up and around all the margins. I listened to dozens of his podcasts. And I've known him for years. All morning I had jotted down possible questions. And I was late to meet Tim for our podcast. Because the west coast is three hours a way in time travel from the east coast. That's how stupid I am. I rushed over and he was waiting. Tim follows his own advice. He was relaxed. No problems. I apologized, we spoke for awhile, and then started the podcast. Three hours later...not even close to done but we stopped. I want to be a better person in life. I want to be healthier. I want to be more creative. I want to find what is hidden inside of me, dig around, unleash it. I want to find the strength to do that. It's not an easy to thing to do. To scrape the dirt a
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Ep. 195 - Joshua Foer: The Explorer's Code
29/11/2016 Duration: 01h03minThe Explorer's Code: I wanted to wake each morning, not anxious about my day anymore. Not worried about what so-and-so would say, or where my career was going, or what was I going to write today. My only job each day is to explore something new. So I called up Josh and asked him how I could be an explorer. He told me. - Have A Mission Every day, whether it's "be creative today." Or "go some place you've never been" or "talk to ten random strangers", make a mission. Learn something new. Missions are for people who DO. Mission statements are for people who DON'T. -Uncomfortable Situation Try to put yourself in as many uncomfortable situations as possible. "For instance," he said, "you should apply for a temp job. See what it's like." Or maybe one day you and a friend can make a bet: who can get the furthest out of town with just $100. The uncomfortable zone is where you find out who you are, the comfort zone is where you sleep. Task: make a list of uncomfortable situations. Stretch the idea muscle. -Partners/T
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Ep. 194 - Seth Godin: How to Make What you Want For A Living
22/11/2016 Duration: 59minWhat does it sound like when you change your mind? That's the name of Seth Godin's next book. He only printed 5,500 copies. And he's not printing anymore. He doesn't just view a book as pages surrounded by two covers. He makes a 3-dimensional object that's beautiful to look at and read. "It's not new," he said on my podcast. "It's the best of the last four years of my work. And it's illustrated with hundreds of photos by Thomas Hawk, who's the most prolific and talented internet photographer." The book weighs 18 pounds. And it's 800 pages long. I asked him about art and marketing... and he told me about life. A) START FROM THE BEGINNING "No business, no project, no novel ever started big," Seth said. It started with fear, uncertainty, excitement, possibility. Tons of "what if's" that lead to real action. And real action halts the what if's. The what if's turn to what is. Seth said, "Instead of saying, 'I need to leap to the middle,' say, 'I'm going to start with people who want to engage with me.'" All succes
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Ep. 193 - Brian Koppelman: How to Deliver Every Single Time
15/11/2016 Duration: 01h05minBrian Koppelman and his wife Amy Koppelman saved my life. Many years after he ruined my life. First off: when he wrote the movie "Rounders" I became obsessed with poker. I went to the same club he played at and played for 365 nights, including the night my first daughter was born (I was there for the birth though!) . I was an addict. But eventually I stopped in order to start another company. I wish I had never stopped because that other company cost me all of my money at the time. Then he wrote several of my favorite movies after that. I didn't even know it was the same director until the first time I interviewed him here. Now he is writing and producing my favorite TV show, "Billions" on Showtime. About an aggressive hedge fund billionaire going after an equally aggressive US Attorney played by Paul Giamatti. Brian has been on the podcast several times but there's always so much more to talk about in terms of creativity and inspiration and how to succeed as an artist / entrepreneur. Ditto for his
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Ep. 192: Stephen Dubner - One New Habit To Change Your Life Forever
08/11/2016 Duration: 01h12minWHAT I CAN LEARN IN ONE MINUTE THAT WILL CHANGE MY LIFE FOREVER Stephen Dubner (Freakonomics) has a new podcast and it just hit #1 in the iTunes charts. "Tell Me Something I Don't Know" is the name of it and it's about to change my life. He came over to play backgammon and I asked him about it. He told me he became a journalist because it was an easy way to start talking to people. He said, "If I ask people to tell me something I don't know," then I often learn new things and it keeps the conversation going. My mind blew open. I'm tired of freezing up. Feeling too paralyzed to talk. I'm a shy introvert. This will help unfreeze me. For everyone I meet, I will try to learn something I don't know. I'll simply ask them. This will be my new habit. --- I listened to Dubner's first podcast of the new show. I learned something new from one member of the audience. First off, it's a hard podcast to create. Listen to it. There are three panelists. There's a fact-checker. And there's 100 people in the audience. I've neve
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Ep. 191 - Chip Conley: How To Find Your Calling
01/11/2016 Duration: 51minHe died. He was giving a speech, sat down, and the next thing... he was dead. They called an ambulance. They got paramedics. They did that thing. They brought him back to life. But his body didn't like living. He died again. Eight more times they used machines to convince the machine in his body that we call a heart, to come back to life. Please come back to life, the machines said to his heart. And finally his heart decided to stay. After that, things changed. Like they often do when we die at the age of 47. "There are three things," Chip Conley, now the head of hospitality for AirBnB, told me, "a job, a career, and a calling." "I had been building and running hotels for 20 years. It was my calling to be in the hospitality business. I built over 50 hotels. But it was starting to feel like a job." "When I died, I realized I couldn't do it anymore. I had to go back to my calling." Within a few years he had sold his business. He had nothing left to do. "I had faith in my calling, though," Chip said. "Something
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[Bonus] Ryan Holiday: Trump & "The Benefit of Madness"
28/10/2016 Duration: 40minhttp://ryanholiday.net/dear-dad-dont-vote-donald-trump/ ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple
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Ep. 190 - Jon Macks: How To Make A Gut Decision That Lasts A Lifetime
25/10/2016 Duration: 01h01minJOKE Last night I wrote down six things I wanted to do today. I kept number six blank. "JOKE" was just a reminder to start this post with a joke from Jon Macks... "If you live in Florida, ya know, God's waiting room..." "If you're Jewish, like me..." Those are just a few lines from my interview with Jon Macks. He was the top writer for "The Tonight Show" with Jay Leno. He wrote 100 jokes a day. That's half a million in 20 years. He's written jokes for President Obama, Bill Clinton, John Kerry and monologues for Steve Martin, Billy Crystal, Whoopi Goldberg, Chris Rock... and wrote the book "Monogluge: What Makes America Laugh Before Bed." But before comedy, Jon did political consulting. "I realized I could do one thing 300 nights a year: politics or perform. And I chose politics." He somehow transitioned and reached the heights of a dream career in comedy. I wanted to know his secret. I also wanted to know how to be funny... 1. Association Joke: I asked Jon how to run for Congress. "Anti-Washington, anti-estab
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Ep. 189 - Chuck Klosterman: The Illusion of Luck vs Skill
18/10/2016 Duration: 01h14minI can't tell you the secret to selling half a million books. Or half a million anything... Every day, business changes, the world shifts on its axis and your skin peels off a little bit. New cells are generated and with each blink, your eyes are rehydrated. "I'll admit, if there was some formula, I'd do it again," he said. Without new experiences, your soul rots. And your book or product or whatever you're trying to get rich quick off of smells like garbage. But people will buy garbage. Because we want new experiences. Ask any child. They'll give you an honest answer of why they like coloring or skipping rope. "I don't know... It's fun?" People wonder what they love. Instead of loving to wonder. Chuck Klosterman grew up in a town of 500 people. He became the number one literary critique of pop culture... before the Internet. Now anyone can research anything. And you don't have to own the Encyclopedia Britannica. Or wait for the library to be open. A lot of people I've interviewed say there's a big luck factor
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Ep. 188 - Doug Casey: The Most Interesting Human in The Matrix
11/10/2016 Duration: 01h03min"I know you've made tens of millions of dollars in various areas of life," I said. "Tell me how you did it." "Hmm." He scanned his memory for money. And landed in 1969. "I put all my possessions in the back of my Mustang and drove to Washington, D.C. I figured if I got $5,000, I could hitchhike my way through South America... but more importantly, Africa." There are about 220 countries on the planet. Doug Casey has been to 160. "I believe in the Latin phrase, 'Mens sana in corpore sano.'" "Sound mind, sound body..." "It means you actually have to go out and do this crap. You have to do it." "Why?" "Because maybe you'll find out the meaning of life." A) Don't be a plant "Unfortunately, most people are born in one place and then live in or near that place for the rest of their lives acting like plants, but I don't think acting like a plant is a good survival strategy for a human." B) Create your own currency Everybody says the Federal Reserve printed money. And devalued the dollar. Everybody's wrong. I asked Do
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Ep. 187 - Chris Voss: This Is What I Do In A Negotiation
04/10/2016 Duration: 01h15min"Terrorists have moms," he said. Jeffrey Schilling was kidnapped in the Philippines and held hostage for 7 and a half months. The terrorists said they were torturing him. But Chris Voss didn't fall for it. Chris is a former FBI hostage negotiator and the author of, "Never Split the Difference: Negotiating As If Your Life Depended On It." "Find a way to mention his mother's concern for him," Chris' boss said. "I remember thinking, 'That's the dumbest idea I ever heard. A terrorist is going to care about this guys mother?'" "But my boss had great insight. And I didn't see any downside to it. So in the middle of the negotiation I said, 'Ya know Jeff's mom is really worried about him.'" "What happened next?" I asked. "This murderous, sociopathic terrorist said, 'His mother knows about this? You tell his mother he's OK.'" Months later, Jeffrey came home. Some hostage negotiation tactics won't work in business or with your wife. But these 5 tactics will... 1. Use the "hand-cuff method": Use this line when someone
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Ep. 186 - Jewel: From Homeless to Millionaire
27/09/2016 Duration: 41minJewel was broke and homeless, but she still turned down a million dollar check when she was 19 years old. Jewel was broke and millions in debt after selling 30,000,000 albums, and built back from scratch when she was 30. Jewel has switched genres, written music from folk to pop to country to even children's music. She wrote a children's book. I love Jewel. Abused from the ages of 5 to 15. Moved out of the cold barn she was living in at 15 to live on her own. And three years later she was homeless. "I didn't want to be a statistic," she told me she was afraid when she was 15. "I looked around at other girls who were in my circumstances and things went from bad to worse" And yet... she ended up a statistic. She realized this when she was 18, living out of a car, and attempting to stuff a dress down her pants in a store so she could steal it. When I was 18 I feel I was privileged. I had no real worries. I was "suburban lucky". Luck ruined me and made me complacent. I never would have made the good decisions Jew
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Ep. 185 - Cal Newport: Become So Good You Can't Be Ignored
20/09/2016 Duration: 47minYou're either horrible or miserable. Woody Allen has this joke in "Annie Hall." He says, "Life is divided into the horrible and the miserable. That's the two categories. The horrible are terminal cases. You know? And blind people, crippled... I don't know how they get through life... It's amazing to me. And the miserable is everyone else. So you should be thankful that you're miserable. Because that's very lucky... to be miserable." I guess I'm one of the lucky ones. We complain about getting older or not having a passion, etc. "In relatively recent history-we're talking the 1980s and later-we got convinced into believing we all have a capital P 'Passion,'" Cal Newport said. Cal's a tenured professor at Georgetown. And majored in computer science. So did I. Fact: You can't pre-test a fetus to see what its passion will be. Passion is not in your DNA. I wasn't born to podcast. Or write. Or be a father. I was just born... And I have eyes. So I see what other people are doing. I have ears. So I hear who's winning
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Ep. 184 - Robert Cialdini: The 7 Techniques to Influence Anyone Of Anything
13/09/2016 Duration: 01h06minIf I can tell my children to read one post of mine, it would be this post. Influence is how they will navigate a world of uncertainty. Robert Cialdini is the most influential person in the world. And by that I mean, he wrote the book, "INFLUENCE", which sold 3 million copies and defines the six critical aspects of all influence. Now he has a new book, "Pre-Suasion", going 10x deeper into the concepts of persuasion. I got him on my podcast so I can ask the 1000 questions I have. Small story from the book: If you name a restaurant "Studio 97" instead of "Studio 17" people are more likely to tip higher. If you ask a girl for her phone number outside a flower store (triggering feelings of romance), she is more likely to give it to you than if you ask her outside a motorcycle store. And 500 other stories. The environment is just as important as what you say. Before the podcast began, I gave him a book as a gift: "The Anxiety of Influence", a history of poetry. What would poetry have to do with influence and market
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Ep. 183 - Jenny Blake: Your Most Crucial Step... Pivot
06/09/2016 Duration: 49minI had to stop trying to get ahead. There are 8 million people in New York City. And 7 billion in the world. That's 875 New York Cities. You can't get ahead. Information is compounding. Technology is growing exponentially. Nothing is predictable-except maybe your expectations. But not your success. I used to complain. Now I pivot. "There is no try," Yoda says. Hans Solo didn't believe he could use the force. Trying is just a form of doubt. "Do or do not," he said. When I was 23, I tried figuring out how long it would take me to make a million dollars. I just bought computer. It was the first thing I bought with "hard-earned money." Fast forward 25 years and I've thrown all my stuff away. And I've stopped trying to get ahead. I want an F in effort. And an A in not giving a shit. I'm writing because I'm writing. Not because I'm trying to write. People make this mistake all the time. If you say, "James, what can I do to help you?" you're doing two things right and one thing horribly wrong. Right: you're good-inte
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Ep. 182 - Caleb Carr: The Curse of Knowledge
30/08/2016 Duration: 01h11minBy the time you finish reading this, everything I'm about to tell you will already be over. What you choose to do with it is up to you. Caleb Carr was beaten as a child. His father, Lucien Carr, was an Ivy League boy, friends with Jack Kerouac, William S. Burroughs and Allen Ginsberg. They were the rebels of society. Known as The Beat Generation. But Caleb reminded me of their other legacy... "My father gets arrested for murder. Jack gets arrested for accessory because he helped hide the weapon..." "And then Burroughs, of course, shoots his wife down in Mexico." "My father's murder case gave their movement a type of darkness and gravitas it wouldn't have otherwise had." --- "All of these cycles, all of these abusive things are cyclical," Caleb said. His father didn't get the help he needed. He didn't get the help he needed. "It's one of the reasons I never had children myself." I didn't understand at first. Caleb has the awareness. He understands the cycle. So I asked, "Don't you think if you had children, yo
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[Bonus] One Good Story Can Save Your Life... (literally) featuring Jordan Harbinger
27/08/2016 Duration: 48minOne good story can save your life... (literally). Jordan was taken, strapped to a chair and kicked around. First in Serbia and then again in Mexico. But you already knew this. Here's what you didn't know... I was taken too. Or at least it felt like it. Everyone reading this has talents. And you want to express those talents. Maybe you feel taken too. You want to choose yourself but you don't know where to start. The first step is simple... get a teacher. I want to be that teacher. Why? I don't know really. I've experience so many opportunities that bring me joy. And new ones still come up. When I got rid of my apartment, strangers all over the world offered me warm meals, friendship, places to sleep. And the emails still come in. They offer to feature me in their books, on their websites and podcasts. Jordan Harbinger says "Always be giving." So that's what I try to do. I want to give back. And hopefully you can experience some of the joys I've had too. So take my advice... Self-publ