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July 2015
S M T W T F S
     
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Syndication

When is enough enough?

Whenever money is your main goal, it will always disappoint you.

At the end of the day, it's more important to ask yourself: "Who did I help today?"

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20325.mp3
Category:business -- posted at: 11:06am EST

James answers a few questions in rapid-fire fashion.

The first question is whether you should edit as you write. James says never. Your first draft is always terrible. Just race to the end.

Write it, write it, and write it...

Race to the end, and then sculpt it when you're finished.

A listener writes in to ask James if he, as an author, should start using Quora. Another wants to know how to avoid taking criticism personally.

Plus, someone wants to know more about why James doesn't read or listen to the news.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20324.mp3
Category:business -- posted at: 1:04pm EST

James and Claudia celebrate five years of marriage on today's show.

They talk about what marriage is really all about. It's not about your sex life, the money, or almost anything else...

It's about becoming friends and handling problems.

If there is love underneath... any problem can be solved.

Because you will have problems...

And to read James blog post on How to Be Married for Five Years, click the link.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20323.mp3
Category:business -- posted at: 6:22pm EST

James recently hired someone to completely rewrite Fifty Shades of Grey using a thesaurus to change every word. Unfortunately, he found out there are laws against this, so of course, he never published it

James' guest, John Havel, joins him today to talk about a friend of a friend of his who claims he makes about $15,000 a month through the Amazon Kindle store selling books he "writes."

He finds other people's books about dating and social relationships, reads the comments to see what people like and don't like, and then he creates an outline.

He sends this outline to a ghostwriter in the Philippines and, for about $250, he gets back a 30-page document that he then edits to create a book.

He publishes about four books a month to the Amazon Kindle store.

He's learned all the tricks on the Amazon platform that help him "work the system," increasing his rankings and selling more books.

Designing an eye-catching cover and writing great copy on the description page are the most important things you can do to boost your sales.

For him, the content is secondary.

So John and his team decided to see if they could replicate his system.

They decided to see if they could get a #1-ranked book on Amazon within a week.

They took a romance novel they thought was in the public domain, changed names, re-worked it, and put it out there.

It didn't work out the way they thought it might.

Listen here to hear the story behind John's experiment.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep2032220final.mp3
Category:business -- posted at: 3:04pm EST

Love can be tough – especially when it's unrequited or unreturned.

We've all been there...

Are you sure that what you're feeling is love?

If you truly care about someone, then you want the best for them. The best for them may not be the best for you.

Love is not a gift that has to be returned.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20321.mp3
Category:business -- posted at: 11:54am EST

In school, in order to get an "A" you have to get 90% of the questions right. But in business, if you make just 50% of your decisions correctly, you're an "A+" leader.

Do most of you really need to learn trigonometry, algebra or geometry? Why to they keep teaching this to everyone?

Real life business is about strategy, persuasion, and writing.

Writing is a critical skill to learn, but most schools never spend enough time focusing on it.

Instead, students read Shakespeare and Homer and write reports on historical subjects.

Listen to today's episode and let us know the last time you "square rooted" something.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20320.mp3
Category:business -- posted at: 11:41am EST

What is doubt?

James says doubts are all in your head. "If I X, then the result of Y may not be great" – that's a doubt.

Don't let doubt control you. Instead, use it as a tool.

Action is the only thing that will make you successful. Living in your head will never get you anywhere.

Listen to today's episode and don't doubt your decision.

Regards,

David Newman

 

PS – James was on Farnoosh Torabi's podcast So Money yesterday. It was a great interview and we thought you might want to listen.

Direct download: AA20Ep20319.mp3
Category:business -- posted at: 11:53am EST

James once played poker for more than 365 days in a row. He was obsessed.

He’d just sold a business and had a ton of cash in his pocket, but he had no friends. He thought he could make both money and friends by taking up poker.

He quickly learned that in poker, psychology is 90% of the battle and understanding the odds is the other 90%.

He loved it and those lessons have stuck with him.

And he learned that he should have kept doing what he was great at. 

Listen to today's episode to find out what he did next.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20318.mp3
Category:business -- posted at: 10:35am EST

There are about 250,000 podcasts available today, but what's the business model?

Business models don't have to come first, but problems that you solve and your passion to solve them should.

Listen to today's episode and learn why James and Claudia podcast.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20317.mp3
Category:business -- posted at: 1:52pm EST

Today we're going to have some fun...

James and Claudia share a list of their 11 top TV shows:

1."Arrested Development"

2."Breaking Bad"

3."Better Call Saul"

4."Peep Show"

5."Madmen"

6."Louie"

7."Veep"

8."Silicon Valley"

9."Freaks and Geeks"

10."Rome"

11."House Of Cards"

Listen to today's episode and please send us your suggestions for the best TV show works of art.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20316.mp3
Category:business -- posted at: 10:37am EST

How can you build your network of influencers? Ignore the obvious. Don't do what everyone else is doing.

Don't send the people congratulations on their birthdays. Everyone else is doing that.

Instead, notice them and acknowledge their work.

James does this about four times a day, every day, and he has built up a huge network.

You can, too.

Listen to today's episode, and start building your network.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20315.mp3
Category:business -- posted at: 9:37am EST

Your friend's spouse is cheating and you know about it. What should you do?

This exact situation happened to James once and he decided to stay out of it. By saying something, he would have injected himself into his friend's relationship. He thought it was better to let them work it out themselves.

This is a tough question, but you can't be the solution to every problem.

Listen here to today's episode, and...

Be there for your friends.

Regards,

David Newma

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20314.mp3
Category:business -- posted at: 12:21pm EST

Scott Young spent $2,000 and got a "degree" from MIT... And he never had to leave his house.

He calls it the "MIT Challenge."

Scott believes you might learn better without having to go to college for four years.

He spent four years getting a business degree and he still had a longing to learn computer science. But he didn't want to spend four more years of his life in school and accumulate all that debt.

He wanted the education, but not the school.

He has taken a few classes online before and thought, "If you can learn a class, why not an entire degree?"

But when he was done, would anyone hire him?

Listen today to find out.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep2031320w20Bestseller20ad.mp3
Category:business -- posted at: 4:03pm EST

I can't seem to make new friends...

Today's question is from someone who's recently out of prison and can't find a true friend except his wife.

James and Claudia each define what a true friend is.

To find new friends, you have to put yourself out there.

And you have to be a good friend to get new good friends.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20312.mp3
Category:business -- posted at: 1:12pm EST

Claudia is upset...

United Airlines grounded all their flights recently due to a computer glitch. This glitch had nothing to do with their airplanes. People just couldn't check in.

United probably has layers and layers, and more layers, of new software laid over old software, millions of lines of code and bug fixes on top of bug fixes.

James says this is the preverbial "canary in the coalmine" problem for United.

Fix this or its end is near.

James relates this to the employee who every two weeks gets his same paycheck. He should always have a plan B and a plan C in place, just in case.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20311.mp3
Category:business -- posted at: 12:56pm EST

Did mastering chess change James life? 

Yes. It has opened all sorts of doors for him and taught him to look at everything a little differently.

He spent his youth studying everything about chess. 

He learned how to learn, and he learned how to lose.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep2031020final.mp3
Category:business -- posted at: 12:39pm EST

Taylor Pearson talks with James today about The End of Jobs, he wrote the book on it.

James says about Taylors book “ The most important thing about The End of Jobs is that entrepreneurship is not a choice you can make at your leisure”.

“This is something that is actually happening.  The train is leaving the station. You have to either jump on the train or lose your chance forever. Now is the time…”

James asks Taylor what he would do if he wanted to start a new seven figure a year job right now but you had no experience.

Taylor says he’d become an apprentice; there are plenty of great entrepreneurs looking for talented young people to help them grow their businesses.

That’s exactly what he did and he tells James his story.

They talk about how entrepreneurs are leveraging the democracy of the Long Tail to get rich, how others are using Amazon as their store front to drop shipping or as a testing ground before they launch their own website.

As more and more jobs are being outsourced the question remains…

Where is this all going?

The trend is clear. The middle class is dying. 

You can choose to exit up or you can choose you exit down.

Make your choice.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep2030920final.mp3
Category:business -- posted at: 1:28pm EST

James' practice of working to improve four areas of his life (physical, emotional, spiritual, and mental) just 1% a day led to today’s question: How does James' daily practice turn into money?

He turns this question around. What if you did the exact opposite of his daily practice? Could that ever lead to money?

Instead of being healthy, you stayed up all night drinking. Instead of exercising your idea muscle, you just vegged out all day.

Do you think this would turn into money?

Create your "“scene" – the people that will help you and those whom you help.

Don’t have a goal other than improving 1% today.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20308.mp3
Category:business -- posted at: 3:22pm EST

So, you've gone ahead and created 10 great ideas, sent them over to a company to try to help them, and someone from the company has written back and said...

We don't need your ideas.

James is curious about what his original letter said. What you say when you send your ideas is extremely important...

Make sure you don't give them more work while you think you're helping them.

Just keep sending out your ideas, keep trying to help people. If they say, "No thanks," try again in a few months.

And remember: Don't ask for anything in return.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20307.mp3
Category:business -- posted at: 4:49pm EST

Mac Lethal (born David McCleary Sheldon) is another overnight success, 17 years in the making.

In November 2011, he released a video on YouTube of him rapping over the beat to "Look at Me Now" while he prepared pancakes in his kitchen.

The video became a viral hit and got millions of views in a matter of days, but he'd been practicing his craft for years and years.

As he tells James on the extended version of Ask Altucher, high school bored him so he started writing rap songs in study hall.

Rapping wasn't his passion, but it worked. As he became better at it he became much more passionate...

By 2011 he'd finally made it. Today he often spends hours listening to rappers and learning from them.

He tells James that he believes it takes 20 years to become a real master at your trade.

It takes you a couple of years to move past a beginner, and by year five you start to find your voice and stop mimicking others.

By year 15 you finally focus and become an authentic voice.

But he didn't stop there. He's written a book, Texts From Bennett that was optioned by FX.

Most things you try probably won't work, but keep trying and eventually one good idea will slip through... And no one will remember your prior mistakes.

This is a great interview and you'll want listen to the entire conversation.

Listen to today's show and you can find Mac here and here.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep2030620w20income20ad20.mp3
Category:business -- posted at: 1:38pm EST

Happy Fourth of July.

To celebrate, James and Claudia wanted to give everyone a present.

Listen to today's show and click here to get your special present.

Regards,

David Newman

P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20305.mp3
Category:business -- posted at: 6:00am EST

James and Claudia touch on a controversial subject today... opinions.

James says whenever he has a strong opinion about something, everybody gets angry.

As you probably already know, James has some pretty strong and controversial opinions about a lot of things... college, 401(k)s, owning homes...

What opinion will really matter 100 years from now? Instead of getting angry, focus on yourself and stay healthy.

And be open and willing to listen to others' opinions. You may just learn something important.

Regards,

David Newman

P.S. TODAY IS THE LAST DAY to enter for your chance to win James' 30 favorite books.

Click here now to enter... 

When you enter, you'll also discover how to significantly increase your odds at winning this valuable bundle.

Don't miss out, click here now to enter.

P.P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep20304.mp3
Category:business -- posted at: 11:19am EST

James starts off today with a productivity hack, and it involves looking at Claudia.

Today's question asks for James' opinion on the best technique to teach someone something.

James starts off with a quote from Bruce Lee.

"I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times."

When you practice something 10,000 times, that doesn't mean you're an expert at only that one thing. Instead, you open a window into learning.

Regards,

David Newman

P.S. There are only two days left to enter for your chance to win James' 30 favorite books.

Click here now to enter... 

When you enter, you'll also discover how to significantly increase your odds at winning this valuable bundle.

Don't miss out, click here now to enter.

P.P.S. NOT SURE WHAT TO DO WITH THE REST OF YOUR LIFE?

 

A great new resource shows a clever way to start a business, get a new job, find a retirement career, publish a book, make extra money in your spare time, and more.

Direct download: AA20Ep2030320.mp3
Category:business -- posted at: 3:57pm EST

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