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The James Altucher Show

425 - David Rubenstein: The Importance of Having a Good 2nd and 3rd Life (Lessons From The Co-Founder of The Carlyle Group)

The James Altucher Show

James Altucher

Education, Business

4.62.7K Ratings

🗓️ 8 January 2019

⏱️ 56 minutes

🧾️ Download transcript

Summary

I got nervous because David Rubenstein is the co-founder and co-chariman of The Carlyle Group, which is the biggest private equity firm maybe in the world. They own hundreds of companies and have $200 billion in assets. He's also the chairman of a lot of other things: The John F. Kennedy Center for the Performing Arts, The Smithsonian and he also has his on show, "The David Rubenstein show," where he's interviewed so many brilliant people. His success could be intimating. But he doesn't want it to be. He said, "I'm 69. I didn't start Carlye until I was 37. Maybe people find what they love earlier. I found out later I life." Then he walked me through this. He told me how he stumbled into his new love for philanthropy and the careers he experimented with early on his life and how he learned how to develop new skills at different stages of his career (like motivation and persuasion.) David says this is all part of his third life. That's what this episode is about. The importance of having a good second and third life.   I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.    Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify   Follow me on Social Media: YouTube Twitter Facebook Linkedin Instagram ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

This isn't your average business podcast and he's not your average host.

0:06.4

This is the James Altiger Show.

0:10.0

Today on the James Altiger Show.

0:15.0

I've heard you say the key to happiness is generosity and you've also said in other speeches

0:22.3

that chances are you won't be good at something you hate doing.

0:27.3

You have to be sure it's something you love doing.

0:30.3

How does someone find whether they're young or middle age or older?

0:33.9

How do they find what they love doing or what can make them happy?

0:37.9

It's rare that somebody will at a young age say this is what I want to do in life and

0:43.5

it works out.

0:44.9

That's rare.

0:45.9

It takes a lot of experiment.

0:46.9

I thought I wanted to go in government.

0:49.0

I thought I wanted to be a lawyer.

0:50.3

I thought about politics.

0:51.7

In the end, I found that what makes me happy is building something from scratch with

0:57.6

the help of others, getting the material rewards from that and giving those material

1:01.9

rewards to other people.

1:03.5

I tell people I've made two college commencement speeches just in the last couple days and

1:07.3

I told the students at Indiana University and University of Baltimore experiment.

1:12.3

You won't know right away.

1:14.2

Try different things.

...

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