My First Million
#76 with James Altucher - Making and Losing Millions Over and Over Again
Sam Parr and Shaan Puri brainstorm new business ideas based on trends & opportunities they see in the market. Sometimes they bring on famous guests to brainstorm with them.
Show Notes
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Today's episode is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Today, Sam (@thesamparr) and Shaan (@shaanvp) chat with James Altucher (@jaltucher). James is an entrepreneur, hedge fund manager, podcaster, writer and stand-up comedian. He has founded and sold companies for millions and lost his fortune over and over. He's always found a way back and today he shares all the lessons hes learned along the way. Today's topics include: () James talks about his background () James explains the companies he started and how he made his money. () James became a much better investor when he started investing alongside much smarter investors. () The challenges of selling a company. () James explain why he kept losing his fortunes and what he did to start managing his money better. () How James’ happiness fluctuated as his fortunes rose and fell. () James discusses what he does today — writing, podcasting, investing and stand-up comedy. () James discusses his investment and risk management strategy. () James tries to come up with 10 new business ideas every day — he explains his process. () How would you make money if you were 21 again?
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