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Capitalism.com with Ryan Daniel Moran

How to Invest for Income and Achieve Real Freedom w/ James Altucher

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Entrepreneur, Amazon, Lifestyledesign, Investing, Startup, Ryandanielmoran, Finance, Cashflow, Freedomfastlane, Lifestyle, Business, Passiveincome, Financialfreedom, Entrepreneurship

4.8793 Ratings

🗓️ 15 September 2017

⏱️ 31 minutes

🧾️ Download transcript

Summary

James Altucher had generational wealth created. But then he lost every dollar, his home, and could barely afford to buy diapers.

This happened not just once, but several times.

At a turning point, James realized he had to look at why this was happening and fix the cause.

And in studying his behavioral patterns, he realized that there were very important, but basic things in his life that he had to keep track of.

In this episode of the Freedom Fast Lane podcast, James shares how to achieve real freedom following four guiding principles for a healthy lifestyle, as well as the investment strategies he would have told his 20-year-old self to follow.

Subscribe on iTunes, Stitcher, Google Play and YouTube. And be sure to check out Capitalism.com for more great shows.

Transcript

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0:00.0

You are the average of the people you spend your time with.

0:03.0

Life is short.

0:04.0

You need to be cutthroat about the people you love and value and spend time with.

0:14.1

You're listening to Freedom Fastlane presented by Capitalism.com.

0:18.4

This is the show about building businesses and investing the profits so that you

0:22.9

can live life on your terms. And now your host, the future owner of the Cleveland Indians,

0:29.4

Ryan Daniel Moran. James Altenture, welcome to Freedom Fastight. Thanks for hanging out with us.

0:40.4

Brian, I am so glad to be here. We've interacted on a couple of occasions, and I know our

0:45.7

teams have sent emails back and forth, and finally we get to be on a podcast together.

0:49.8

We might break the internet with so much handsomeness.

0:53.1

I'm on purpose in a silhouette, so you can't

0:56.3

see me. When Ryan first discovered James Altiture, James was writing about pain and loss. So Ryan

1:04.3

kicked off the discussion by asking him about the challenges of being a high achiever, which led to

1:09.6

some very insightful advice on four key areas of

1:12.9

health that we entrepreneurs need to focus on to continue to be successful.

1:18.4

I was wondering if you could talk a little about the challenges of being a high achiever like

1:26.6

most of us are, if we're listening to podcasts.

1:31.3

Yeah, from 2002 to 2010, I was almost exclusively writing about finance and investing.

1:38.8

And I wrote several books in the area.

1:40.8

I was on CNBC twice a week.

1:42.8

I built up a website that had millions of unique visitors a

1:45.7

month and sold that. And I was on Yahoo Finance video every week. So I had kind of a whole

...

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