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Optimal Living Daily - Personal Development and Self-Improvement

1623: Three Mistakes. The Path to Success by James Altucher on How To Lead A Successful Life & Personal Growth

Optimal Living Daily - Personal Development and Self-Improvement

Optimal Living Daily LLC

Education, Mental Health, Self-improvement, Health & Fitness

4.63.2K Ratings

🗓️ 21 May 2020

⏱️ 9 minutes

🧾️ Download transcript

Summary

James Altucher shares his thoughts on the path to success. Episode 1623: Three Mistakes. The Path to Success by James Altucher on How To Lead A Successful Life & Personal Growth James Altucher is an American hedge fund manager, entrepreneur, bestselling author, and podcaster. He has founded or cofounded more than 20 companies and says he failed at 17 of them. He has published 11 books, and is a regular contributor to The Financial Times, TechCrunch, and The Huffington Post. USA Today named his book Choose Yourself one of the 12 Best Business Books of All Time. The original post is located here: https://jamesaltucher.com/blog/three-mistakes-the-path-to-success/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Optimal Living Daily Episode 1623, three mistakes, the path to success by James Altature

0:07.1

of JamesAltature.com and I'm Justin Mollick. This is the podcast where I act as a personal

0:12.0

narrator for you for free, usually from blogs but sometimes from books. Either case,

0:17.4

always with permission from the authors, every day including weekends and holidays,

0:21.6

and I'll keep this intro nice and short so let's get right to it as we optimize your life.

0:30.1

Three mistakes, the path to success by James Altature of JamesAltature.com.

0:36.8

There were three mistakes. The first was when I hit a guy in a car accident. It was my fault.

0:42.9

I was 18 and had just finished a chess lesson with the US champion. I'd been to him in a game and

0:48.0

I was daydreaming about it. I ran a red light. A 70 year old man broke his leg and three fences

0:54.0

were destroyed. I went through a window but somehow I didn't have a scratch. The second mistake

1:00.1

was when I was nine. Hey, who said I had to go in chronological order? And I love football cards.

1:05.6

I was in the KB toy and hobby shop in Brunswick Square Mall in New Jersey. I kept hiding

1:10.9

packs of cards in a hole in my jacket and hoped nobody would notice. Finally an employee came up to

1:16.2

me and said, can you come into the back with us sir? Later when my grandfather came to pick me up

1:21.2

and there were police with me, he turned to me and said with the saddest look of disappointment on

1:25.9

his face, what did you do? None of us can cast a first stone. We're all trying to climb up on the

1:31.9

backs of our past and attempt to achieve some modicum of success. The third mistake was losing all my

1:37.6

money. I lost my house, my friends at the time because they were only friends when they thought I

1:42.8

had money, my business colleagues because nobody wants to do business with a loser, and even my family

1:48.9

long story. I went from a feeling of immortality to feeling not just mortal but dead. I'll certainly

1:56.0

suicidal. But most of all, I needed to survive. I would add up the dwindling numbers in my bank

2:01.7

account every day just to make sure I could survive the next month, maybe two months before I,

...

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