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The James Altucher Show

Ep. 77 - Jason Calacanis: Luck Comes To Those Prepared

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

🗓️ 26 December 2014

⏱️ 51 minutes

🧾️ Download transcript

Summary

The world of startups is extremely exciting. One of the few people who has been able to put himself right in the middle of it is James' longtime friend Jason Calacanis. He knows everyone... Today, James and Jason talk about Jason's early startups,...

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 Alteter Show on the Stansbury Radio Network.

0:22.1

Welcome Jason Calcannus to the show, world famous internet entrepreneur.

0:27.3

Jason, I feel like how long have we actually known each other?

0:30.0

It's like about 8, 20 or 19 years.

0:32.3

Yeah, it's closer to 20 than 10 or 15.

0:35.7

Yeah, and so you initially started with the Silicon Alley reporter, which I thought was a great idea.

0:42.8

Like literally every month or I don't know, was it every month?

0:47.5

It was, yeah, monthly.

0:49.7

I think we did 10 times a year and then like advertising got really good.

0:53.6

So we actually moved it up.

0:55.4

And it was safe because like I would like all the companies in the space were basically website development companies and double click.

1:02.3

Like that was Silicon Alley and it was great to know basically when everyone, all my competitors, landed a new client, I would find out in the Silicon Alley reporter, where I was the first, I think I was like the biggest advertisement.

1:14.8

I was either on your your front page or your back page.

1:17.8

Yeah, you had you took a bold step and you got rewarded because you took a thousand dollar ad, which is like people like how much the ads and I was like.

1:26.1

And I was about to say $100 or $500 and I just thought why don't I just add a zero.

1:30.9

So a thousand and people were like a thousand dollars.

1:33.5

How many does it go to now?

1:34.3

It goes to 10,000 people to like junior high expensive that is I was like, no, but they were like, well, client engagement's $100,000.

1:41.1

So this kid's an idiot.

1:42.8

Well, 30, 30 people bought it and then I tripled the price.

1:45.6

We're underlining also how bad a negotiator I was and still am that I was just like, okay, yeah, $1,000 here.

...

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