The First Step in Becoming an Entrepreneur – Book Summary

The Rich Employee by James Altucher.

Many people dream about becoming entrepreneurs and they fail because they are not well prepared for this step. In “The Rich Employee” you will find a new option.

James Altucher is a well-known writer, speaker and entrepreneur. He is also a podcaster and has been a hedge fund manager. He has started, advised or invested dozens of companies. He admits that 17 of those companies failed, but he also had great success with Reset Inc and StockPickr. He published 11 books by now and most of them are best sellers. You probably already read “Choose Yourself”, one of his greatest successes, named by the USA Today as one of the best 12 Business Books of all times or the follow up – “The Choose Yourself Guide to Wealth” that we’ve nuggetized for you already.

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10 things I’ve learned from meeting James Altucher

James Altucher Q-A London Team

This week I’ve been in London at the event An Evening With James Altucher where I was part of the team who put together this large event for the Choose Yourself community.

I’ve also been fortunate enough to talk with him about nugget and give him a sneak peek. James loved nugget and gave me some really good advice that we’re going to implement in the time to come. He really is an idea machine.

The interactions with him made me write this post. So, here I go: Continue Reading…

How I got the founder of PayPal, James Altucher and Guy Kawasaki to be my mentors.

some of my mentors - Peter Thiel, James Altucher, Guy Kawasaki

Entrepreneurship can be a hard and lonely game. You have many different alternatives and options to grow your business, but most of them won’t work. You won’t know on which to focus and you are not aware of your lack of knowledge. The tricky business is that you are not always sure of your decisions. Even though these individuals continue with their fantastic performance on a professional level, some of us are keen to know some of their secrets, and “trade routes”.

Before you make any rash decisions why not grow and start thinking big? What does this mean? Well, these guys had insights on what the world needs, the inventiveness derived from this discovery. In other words, you must research, and design alternatives that can take you to the top. What gets you excited when the term business or entrepreneurship is mentioned? All of these things matter because they allude to all aspects of a successful financial endeavor.

Obstacles during this push are common, especially in the early stage. However, your attention must be pointed at long-term benefits and ultimately profits. Do you want to be an inspiration for someone? If so, get prepared for a rough journey with a single goal in mind – to surpass yourself!!

Learn from top-notch mentors, and implement some of their strategies into your business.

This is why it’s crucial to have a group of mentors who can guide your way – so you can learn from their previous experiences – and help you reach new heights.

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Choose Yourself Guide to Wealth Summary

Choose Yourself Guide to Wealth by James Altucher Best nuggets and book summary

James is one of the authors you either love or hate. His methods are controversial but methodical and so is his writing.

He has some specific views on college education, house ownership and especially working which don’t resonate with a lot of people. This is to say in a nice way that many people are against his disruptive views on these subjects.

The Choose Yourself Guide to Wealth builds on previous Altucher-Ian works as ‘Choose Yourself’ and ‘Become an Idea Machine’ written by James’s wife Claudia and creates the full guide to a wealthy and abundant life. Continue Reading…