Reinvent Yourself

by James Altucher

I like Elon Musk’s approach of having many things to work on. Plans B and C and D and so on. So any one entrepreneurial endeavor doesn’t take up all the mind space.

because a tree that falls makes more noise than a forest that grows.”

I always have to tell myself to diversify my celebrations. Celebrate the small. Not always the big.

I only try every day to improve 1% my physical, emotional, mental, and spiritual health. The results will take care of themselves. This is the ONLY way today to plan for a successful tomorrow.

It’s almost like there’s a grammar of success. When you learn to use that grammar to learn one language, you can also apply the same techniques to learn to be a success in new areas. The key is to not keep pushing in one area of life, but to use that meta-grammar of success to keep changing and learning and becoming a success in other areas.

The average book is 60,000 words. If you can write 1,000 words a day then you’ll have six books by the end of the year.

And instead of spending his profits, Rick kept doubling and doubling until all the other dealers were now buying from him and Rick was using his scale to drive his own costs down.

there are only two types of decisions: decisions made out of fear and decisions made out of growth.”

Sunlight doesn’t just hit you. When you open the window, the sunlight hits everything in your house. When you open the window of learning, you don’t learn just the specific thing you are trying to see. You begin to see everything that is now lit. The real art is paying attention to all of the things you can now see. Now that the sunlight is pouring in.

IN POKER, YOU WANT TO SIT IMMEDIATELY TO THE LEFT OF THE DUMBEST, RICHEST PERSON AT THE TABLE (THIS GOES FOR ALL SORTS OF WAYS TO MAKING MONEY). He bets, then you raise, no matter what is in your hand. Then everyone else is out and it’s just you and him. In the long run you get all his money. This applies to every business endeavor.

It’s not about 10,000 hours. It’s about 10,000 hours where you practice with intent.

HOW DO I MAKE MONEY? By year three you’ve put in 5,000-7,000 hours. That’s good enough to be in the top 200-300 in the world in anything. The top 200 in almost any field makes a living. By year three you will know how to make money. By year four you will scale that up and make a living. Some people stop at year four. L.BY YEAR FIVE YOU’RE IN THE TOP 30-50 SO YOU CAN MAKE WEALTH.