James Altucher is a writer, entrepreneur, and investor. I’m a huge fan of his work (https://jamesaltucher.com/). Whenever I feel out of ideas or inspirations I go to his site to read his blogs or listen to his podcasts. I’ve learned a lot from his blogs or podcasts. Here are the 10 things that I’ve learned from James Altucher.
1. Idea Muscle
Like body muscle, James says there is an idea muscle. And if
you train that muscle properly, you can use that muscle in generating new ideas
after a period. The rule is simple when you have a strong muscle; you show it
to the world. Same with the idea muscle. When your idea muscle is strong, you
are ready for the market.
2. Idea Is The Currency of the 21st
Century
Idea is the currency of the
21st Century- it is the phrase that James coined. It means the more ideas
you’ve, the more chances you have to stay relevant in the market. The rule is
simple if you have the currency that means you have more chances to stay in the
market.
3. Idea Machine
James says if you train
your idea muscle properly and generate new ideas regularly, you can become an
idea machine. When you become an idea machine, people will come to you for new
ideas. James believes a person can become an idea machine with proper
training.
4. Lurn.com
Lurn.com is a great
website. The website offers online courses that are suitable for this time. Few
courses offer ways to earn money. Some courses are free. The site (https://lurn.com/)
is primarily run by entrepreneur Anik Singal and others.
5. Affiliate Marketing Program of
Anik Singal
Lurn.com has a program by
entrepreneur Anik Singal on how to earn money while sitting at your home. The
name of the program is the affiliate marketing program by Anik Singal. The
program showcases a completely new business model. The course is free and
anyone can do it. Affiliate marketing is an authentic business model and has
been taken up by many.
6. Failure Porn
He said there is too much
failure porn on the internet. It means too many people are sharing their
failure stories on the internet. However, when you look closely those stories
are not actually failures; they are just hiccups. He is calling them failure
porn. And what is happening, people aren’t getting motivated or inspired after
reading those failure stories.
7. How to Distribute Ideas
According to James, when
you start to generate ideas, you distribute them for free. If put a patent or
some kind of clause on them, then people start to retreat. It is better to
distribute ideas to the world expecting that no one would like them.
8. Write 10 Ideas Every Day
To become an idea machine,
James said to write 10 ideas every day. It doesn’t matter how good or bad they
are. But you have to write 10 ideas every day. With this exercise, you will be
able to strengthen your idea muscle and become an idea machine finally.
9. One Can Have Multiple Dreams
James believes that a
person can have multiple dreams. He started his career as a business writer
then shifted to the entertainment industry. Now he wants to become a stand-up
comedian. He also said that after a year, he may discontinue it and start
something fresh.
10. Rock Bottom Isn’t The Bottom
James says when some say
they’ve hit the rock bottom that means they don’t know what rock bottom is. The
rock bottom isn’t the bottom; there is more after rock bottom. He meant that
people need to redefine what rock bottom is.
There are blogs and podcasts available on James’s website from where you can get new ideas. The above 10 points attracted me and helped me to understand where I’m lacking.
No comments:
Post a Comment