meta_pixel
Tapesearch Logo
Log in
The James Altucher Show

579 - How to Make Money in The New Economy with Carl Allen

The James Altucher Show

James Altucher

Society & Culture, Talk Radio, Writer, Philosophy, Comedy, Chess, How To, Entrepreneurship, Jay, James, The James Altucher Show, Altucher, Author, Jay Yow, Education, Jay The Engineer, Business, James Altucher

4.62.7K Ratings

🗓️ 27 April 2020

⏱️ 78 minutes

🧾️ Download transcript

Summary

Having multiple steams of income is key to wealth. So I called up Carl Allen who has successfully set up hundreds of deals. And currently has 9 side hustles. I wanted to know how people listening can look for new opportunities to make money in this evolving economy. I also wanted to ask Carl about coronavirus. Because he had it. And survived. AND if you like this episode and want to learn more about Carl's method to find new business opportunities and increase your cash flow. Just go to http://trainwithcarl.com/james 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

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.

0:15.4

The businesses that will not only survive but thrive the situation are the businesses that

0:21.2

can pivot away from what they're doing right now and get into these phenomenally growing

0:28.0

industries that we're seeing.

0:30.7

But the sad thing James is a lot of people they just don't want to do that.

0:34.2

They don't want to think outside the box.

0:36.5

They're stuck in the traditional way of doing things but unfortunately we're wearing a

0:40.8

different world right now and my message to people that want to own a business is

0:46.4

go and buy a business that an owner doesn't want to pivot, buy it and then you pivot that

0:53.0

business and you make those improvements and you change your model and you will do phenomenally

0:59.5

well.

1:00.5

Not just now but also when this thing ends.

1:03.0

Some of these businesses are thriving.

1:05.8

So there's this category of businesses that were in one industry but with a little bit

1:12.3

of thinking they could pivot to kind of thrive during today's times and they won't necessarily

1:18.6

go down in post coronavirus but there's an opportunity to acquire these companies before

1:25.0

they realize they could pivot.

1:27.1

And I guess there's a fourth category which is companies that have slowed down to the

1:30.5

point where they're pretty much out of business right now but they'll just come back as strong

1:35.1

after coronavirus but this whole situation might have said you know what I'm throwing

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from James Altucher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of James Altucher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.