best nuggets from the choose yourself guide to wealth by james altucher @jaltucher
TRANSCRIPT
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James Altucher
When you are in
the Idea Machine,
nothing can stop
you.
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James Altucher
Mastery begins
when formal
education ends.
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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.
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James Altucher
Engage with
nobody who
is bad to you.
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James Altucher
The idea muscle
atrophies if you don't
use it every day.
Every single day write
down ten ideas.
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James Altucher
Remember this phrase:
Get Paid, Get Laid, Lose
Weight. Because those
are the three things
people will pay for.
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James Altucher
The Daily Practice
is to be physically,
emotionally,
mentally and
spiritually healthy.
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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.
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James Altucher
Everyone around you
needs to ultimately
become better than
you.
That's how you lead.
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James Altucher
Get the PDF with 100
nuggets from James
by subscribing for
free here:
www.GetNugget.co
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James Altucher
Infinite Patience
Brings Immediate
Results
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James Altucher
The peak productivity
period in a person’s
day is 2-5 hours after
they wake up.
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James Altucher
We love our excuses.
They are just as
much our babies as
our ideas are.
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James Altucher
You’re being watched all
the time. And its only
going to get
worse/better, depending
on how you view it.
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James Altucher
If you want someone to
say yes, show them
exactly what yes looks
like and show them that
it is already made.
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James Altucher
There's a saying
in Argentina,
When the CEO is
looking, the cow
grows fatter.
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James Altucher
Inflation is always
going to rise faster
than the value of
money left in a
savings account.
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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.
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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.
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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.
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James Altucher
Should I Save Money
With Each Pay check?
No. Just try to make
more money. That is
easier than saving
money.
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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.
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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.
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James Altucher
Most of us would
have much less
stress if we let go of
trying to predict the
future.
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James Altucher
A hundred per cent of
opportunities in life are
created because
people are uncertain
about almost
everything in their lives.
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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.
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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.
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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.
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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.
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James Altucher
Money you lose you
can always make
back. But even five
minutes of time lost is
gone forever.
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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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