100 nuggets from the choose yourself guide to wealth by james altucher - www.getnugget.co
Post on 12-Jan-2016
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James Altucher
Success is found only by avoiding the carrot, ignoring it, choosing yourself for peace, for abundance, for gratitude, in that order.
James Altucher
Never before in the 2 million years of humanity’s history was there a ladder of success.
James Altucher
If you tell someone that getting a job and a salary might not be the best way to make money, in fact it might be the best way to go broke, this doesn't even compute.
James Altucher
The idea muscle atrophies if you don't use it every day. Every single day write down ten ideas.
James Altucher
Remember this phrase: Get Paid, Get Laid, Lose Weight. Because those are the three things people will pay for.
James Altucher
That's the new paradigm. The middle class has died. The American Dream never really existed. It was a marketing scam.
James Altucher
Studies show that an increase in salary only offers marginal to zero increase in happiness above a certain level.
James Altucher
No idea is so big you can’t take the first step. If the first step seems too hard, make it simpler.
James Altucher
The Daily Practice is to be physically, emotionally, mentally and spiritually healthy.
James Altucher
When you get in the door, do not sell your product. People make a decision on your product in five seconds. Sell the dream.
James Altucher
It’s not about money. It’s not about the idea. It’s not about yes or no. It’s about two people falling in love.
James Altucher
A good story starts with a problem, goes through the painful process of solving the problem, and has a solution that is better than anything ever seen before.
James Altucher
A leader listens to the good reason closely to try and figure out what the real reason is, and then comes up with a solution.
James Altucher
I watch great stand-up comedy before every talk. It puts me in a looser mood and makes me laugh, which relaxes me.
James Altucher
Nobody wants to hear from Invulnerable Man or Ms Perfect. They want to hear where you are scared and vulnerable and feeling insecure, because we all are.
James Altucher
In general, with everything you negotiate; give yourself permission to think about it. Or else its manipulation and not negotiation.
James Altucher
Connecting people who can benefit each other is the most useful skill you can have on the entrepreneurial ladder of skills.
James Altucher
If you can help two other people make money, then eventually good things will happen to you.
James Altucher
There's always a gap between what I have now and what I would like. And that gap is all of your excuses.
James Altucher
Each excuse let me learn about myself, let me discover entire worlds of surprising possibilities.
James Altucher
To-do lists don't work. To-do lists kill people. They will make you so stressed you will die an early death.
James Altucher
I know that if I live a healthy and creative life I will automatically always do the next thing that's important to me.
James Altucher
Themes ripple out to the farthest shores. To-do lists keep you anchored to the ocean floor.
James Altucher
A trend is a reflection that some way of life is ending and another way of life is beginning.
James Altucher
I invest in companies that diagnose cancer. I invest in companies that I think can diagnose Alzheimer's. I don’t like to invest in the cures but I like to invest in the diagnostics.
James Altucher
Software that helps human resources deal with all the new changes in healthcare laws will be a huge trend.
James Altucher
You’re being watched all the time. And its only going to get worse/better, depending on how you view it.
James Altucher
Chemistry is going to be much more influential in the coming ten to twenty years than information technology.
James Altucher
There are trends that are irrefutable: People are getting older The nature of the workforce is changing. People want alternative energy. The economy is getting more globalized. Robotics is being used for more functions. Wearable computing is generating larger and larger revenues.
James Altucher
If you want someone to say yes, show them exactly what yes looks like and show them that it is already made.
James Altucher
When should I give up on my idea? When you can’t generate revenues, customers, interest, for two months.
James Altucher
The age of domesticated cubicle jobs, an era that lasted only about one hundred years out of the past 4 million, is over.
S.J. Scott
Take a concept you're interested in and break it up into a lot of parts and write a book about each part.
James Altucher
Inflation is always going to rise faster than the value of money left in a savings account.
James Altucher
Thiel’s four attributes for a good business are monopoly, scalability, network effect, and brand.
James Altucher
This is a model that has been in use for centuries to buy businesses and it often works. Find a business that satisfies the three Ds: Death. Divorce. Debt.
James Altucher
A company will probably be failing if the people running it are no good, if the Process is inefficient or too expensive, and if the product is poor or doesn’t stand out against the competition.
James Altucher
Because storytelling is only the latest programming inside of our DNA there are many bugs or fatal flaws.
James Altucher
If you can become aware of the myths that people hold and the way they manipulate societies and cultures, you can write your own rules and create abundance for yourself.
James Altucher
Every fancy retirement plan is a way to transfer money straight from your employer to Wall Street professionals, bypassing you along the way.
James Altucher
When the market goes up, all of these funds do well. When the market goes down, pretty much all of these funds go down.
James Altucher
In most cases, all of these sophisticated vehicles are highly correlated with the US stock market, which is highly correlated with global markets.
James Altucher
Tip #1: Never invest big chunks of your money. A big chunk is more than 2 per cent of your money.
James Altucher
Tip #2. The whole point. Stop paying your debt. Let me clarify. If you borrowed from a friend, pay your friend back. Be a good person. All other debt is a contract, and there are several situations where you can stop paying debt.
James Altucher
Life doesn’t have to be just a bus station. Make decisions that are scary right now so you can have moments that are not only fun, but also funny, later on.
James Altucher
Who Makes Money In The Market Then? Three types of people: People who hold stocks Forever. People who hold stocks for a millionth of a second. People who cheat.
James Altucher
Warren Buffett says, if you think a company will be around 20 years from now then it is probably a good buy right now.
James Altucher
Use this guideline: No more than 3% of your portfolio in any one stock. No more than 30% of your portfolio in stocks.
James Altucher
Fact: Mutual funds don’t outperform the general market so better to invest in the general market without paying the extra layer of fees.
James Altucher
Should I Save Money With Each Pay check? No. Just try to make more money. That is easier than saving money.
James Altucher
You can always make money back when you’ve lost it. But one single split moment of stress and anxiety you will Never make back again.
James Altucher
The common theme is that I don't want stress. I don't want other people holding my money. I want to have good experiences. I don't want to worry.
James Altucher
A hundred per cent of opportunities in life are created because people are uncertain about almost everything in their lives.
James Altucher
There is a cognitive bias called commitment bias that leads us to think that just because we've already put time and energy (or money) into something that we have to stick with it. But we don't.
James Altucher
If you combine two areas of life and get reasonably good at both and then combine them, then you are suddenly the best in the world at the combination.
James Altucher
If you try to improve in some area of your life one per cent a day, then in one year you will be thirty-eight times better than you were at the beginning of the year.
James Altucher
The brain has a tendency to believe things if they are repeated, regardless of whether or not they are true. This is Availability Cascade.
James Altucher
Money you lose you can always make back. But even five minutes of time lost is gone forever.
James Altucher
Freedom is not a point in time where before that point you were enslaved and after that point you are free. Freedom is something that you practice every day.
James Altucher
Don’t plagiarize the lives of your parents, your peers, your teachers, your colleagues, and your bosses. Be the criminal of their rules.
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