A) REINVENTION NEVER STOPS Every day you reinvent yourself. You’re always in motion. But you decide every day: forward or backward. B) YOU START FROM SCRATCH Every label you claim you have from before is just vanity. You were a doctor? You were ivy league? You had millions? You had a family? Nobody cares. You lost everything. You’re a zero. Don’t try to say you’re anything else. B1) SURRENDER Don't regret the storm that left you deserted here. Don't be anxious about the life in front of you, although it's hard. Surrender to the current moment. Serve the moment. It's the only master you need to listen to. C) YOU NEED A MENTOR Else, you’ll sink to the bottom. Someone has to show you how to move and breathe. But don’t worry about finding a mentor (see below). D) THREE TYPES OF MENTORS – Direct. Someone who is in front of you who will show you how they did it. What is “it”? Wait. By the way, mentors aren’t like that old Chinese guy in “The Karate Kid”. Ultimately most mentors will hate you. – Indirect. Books. Movies. You can outsource 90% of mentorship to books and other materials. 200-500 books equals one good mentor. People ask me, “what is a good book to read” and I never know the answer. There’s 200-500 good books to read. I would throw in inspirational books. Whatever are your beliefs, underline them through reading every day. – Everything is a mentor. If you are a zero, and have passion for reinvention, then everything you look at will be a metaphor for what you want to do. Don't be stuck inside of yourself. Look at everything. See what it has to offer. Even if it is nothing, that's something. E) DON'T WORRY IF YOU DON'T KNOW YOUR PASSION You have passion for your health. Start there. Take baby steps. You don't need a passion to succeed. Do what you do with love and success is a natural symptom. When I love, I'm happy. When I debate, and wonder, and want, and control, and believe, I'm not as happy. F) TIME IT TAKES TO REINVENT: FIVE YEARS Since I first wrote this I've probably seen 500 examples of this. All the same: five years. Here’s a description of the five years: Year One: you’re flailing and reading everything and just starting to DO. Year Two: you know who you need to talk to and network with. You’re Doing every day. You finally know what the monopoly board looks like in your new endeavors. Year Three: you’re good enough to start making money. It might not be a living yet. Year Four: you’re making a good living Year Five: you’re making wealth Sometimes I get frustrated in years 1-4. I say, “why isn't it happening yet?” and I punch the floor and hurt my hand and throw a coconut on the floor in a weird ritual. That’s ok. Just keep going. Or stop and pick a new field. Changing is never bad. It means you learned enough from one thing and now you are ready for the next. Life is not made of consistency. That's how you die one day at a time. Life is made of changes, memories, and evil plans, and the pleasure that comes from freedom. It doesn’t matter. Eventually you’re dead and then it’s hard to reinvent yourself. G) IT DOESN'T TAKE LONGER THANT FIVE YEARS AND IT WON'T TAKE LESS Many people look for life hacks. That's fine. But there are no shortcuts. People ask, "if you can tell yourself at 20 what to do, what would you say?" I would say, "age until you are my age and that's ok and then you will know the answer." H) IT'S NOT ABOUT MONEY But money is a decent measuring stick. When people say “it’s not about the money” often they are really saying, "I'm really scared it's ALL about the money." “What about just doing what you love?” they say. There will be many days where you don’t love what you are doing. If you are doing it just for love then it will take much much longer than five years. Happiness is just a positive perception from our brain. Some days you will be unhappy. Our brain is a tool we use. It's not who we are. I) WHEN CAN YOU SAY, "I AM AN X!" WHERE "X" IS YOUR NEW CAREER? Today. J) WHEN CAN I START DOING X? Today. If you want to paint, then today buy a canvas and paints, start buying 500 books one at a time, and start painting. If you want to write do these three things: Read. Write. Take your favorite author and type your favorite story of his word for word. Wonder to yourself why he wrote each word. He’s your mentor today. If you want to start a business, start spec-ing out the idea for your business. Reinvention starts today. Every day. K) HOW DO I MAKE MONEY? By year three you’ve put in 5000-7000 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 3 you will know how to make money. By year 4 you will scale that up and make a living. Some people stop at year 4. In the meantime, don't be afraid to take any jobs for money. Learning from different fields, even ones you hate, is what makes the unique intersection of YOU. Don't hate yourself for doing things you hate. L) BY YEAR 5 YOU'RE TOP 30-50 SO CAN MAKE WEALTH M) HOW DO I KNOW WHAT I SHOULD DO? Whatever area you feel like reading 500 books about. Go to the bookstore and find it. If you get bored three months later go back to the bookstore. From james altucher---Vishnu http://www.jamesaltucher.com/2013/12/the-ultimate-cheat-sheet-for-reinventing-yourself-2/
I dunno. Altucher has proclaimed, "It's impossible for [you] to make any money in the markets". Then, he comes with "I've got the way for you to make $Millions in the marketplace, and it will cost you only $_______ to learn what that is". Anyone but me smell fish?
But it ain't "$2,500/yr", it's waayyy more than that. ("Cause it's worth it, you know.") I'm not sure exactly why... but Altucher strikes me as a weenie.
Do I get the extra record of HeHaw if done by midnight? Opps, some might not know what records are, ok, extra DVD
I personally don't like news writers/reporters. All they do is talk and talk, for better or worse...because that's their job. They have to spit out a number of columns every fixed period of time. Those who can do do, those who can't teach/write. Everyday financial writers write why this could go up, and the next day...why that same thing could go down it's annoying reading their convictionless flip-flopping blabber. they have no skin in the game, they could careless.
I think altucher only came out against day trading, i fon't think he is on record as against the idea of longer term stock investing. surf
Even worse, they regurgitate the same crap for the why this and why that. After a while, you would begin to think they have their head up their ass.