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The James Altucher Show

Ep. 102 - Part 1 with Mark Ford: The Man Who Built 100 Businesses

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

🗓️ 31 March 2015

⏱️ 54 minutes

🧾️ Download transcript

Summary

Today, we have a very special show for you. I recently hopped on a plane and headed to Palm Beach, Florida, where I recorded this two-part show from this gentleman's waterfront mansion. The man is a true legend in the field of entrepreneurship and...

Transcript

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0:00.0

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

0:06.4

This is the James Altitor Show on the Stansbury Radio Network.

0:11.2

So, Mark, thanks, Mark Ford.

0:22.8

Thanks so much for joining me on the James Altitor Show.

0:25.6

Thank you so for inviting me.

0:27.0

I got to tell you like I told you before it's for us.

0:28.8

I'm concerned you're a celebrity on a big span of the US and I'm thrilled to have you here in Delray Beach.

0:33.8

No, I think people have to know what you've done.

0:37.4

How many businesses have you either started or been involved in?

0:40.3

I don't know, but certainly it's in the hundreds.

0:43.1

In the hundreds.

0:44.1

Okay, so the average, let's say investor expects an 85% failure rate.

0:50.2

What do you think your failure rate is in all these businesses?

0:53.2

You know what, it's hard to tell.

0:54.2

You know that you're an investor because you've started many of these businesses.

0:56.4

Right.

0:57.4

Two problems in the answer in question.

0:59.2

One is that I'm 64 years old, so it'll all be in retrospect.

1:02.6

And you know in retrospect, the division gets cleaned up as you go.

1:07.4

The other is that I'm Irish.

1:08.4

So my feeling is that 85% are more correct, but the truth is I have no idea.

1:12.6

I'll say this.

...

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