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The James Altucher Show

How to make a few Billion Dollars | Brad Jacobs

The James Altucher Show

James Altucher

Education, Business

4.62.7K Ratings

🗓️ 14 November 2023

⏱️ 61 minutes

🧾️ Download transcript

Summary

I bet you always wanted to know how to make a few billion dollars.Well, I wanted to know too, so I read the book "How to Make a Few Billion Dollars" by Brad Jacobs.But, I had questions...Luckily for us, Brad agreed to come on the show!  Brad has founded seven companies?all billion-dollar or multi-billion-dollar corporations?completed approximately 500 M&A transactions, and raised $30 billion of debt and equity capital through private and public offerings, including three IPOs. He began his career at age 23 when he founded Amerex Oil Associates, followed by Hamilton Resources, both privately held. He subsequently created five publicly traded companies?United Waste Systems, United Rentals, XPO, and XPO's two spin-offs, GXO Logistics and RXO.I asked my questions, some related to making billions of dollars, but also stuff that had completely nothing to do with it. Although...maybe it *does* have something to do with making billions of dollars after all...-----------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 jamesaltucher.com/podcast.------------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 PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------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

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0:00.0

I bet you always wanted to know how to make a few billion.

0:10.0

Well, I wanted to know too, so I read the book, How to Make a Few Billion

0:14.3

by Brad Jacobs, and I had questions.

0:19.3

So he came on the podcast.

0:21.8

I asked my questions, and I had stuff related to making billions of dollars,

0:25.3

but also completely nothing to do with making billions of dollars,

0:30.0

although maybe it does have something to do with making billions of dollars.

0:34.8

You'll be able to tell.

0:36.4

Here's Brad Jacobs to talk about how to make a few billion dollars. This isn't your average business podcast and he's not your average host.

0:49.0

This is the James Alt is your show. I'll just your show.

0:54.0

I'm not a big fed macro expert at all. I'm a business expert. I'm a micro

1:06.0

expert. I'm an expert on building businesses and making money doing that.

1:10.0

Do you think though your experience in business and your history of business? I mean you've been building these billion dollar businesses since the late 70s

1:18.2

Your perspective is valuable, maybe even more valuable than let let's say, an economist who considers themselves an expert.

1:25.0

I don't know if it's more valuable, but it's a different perspective because you're in the real world

1:30.0

and you're dealing with customers all day long and you're dealing with employees all day long so you're seeing inflation and you're seeing unemployment and you're seeing what the job market is.

1:38.0

You do have your finger right on the pulse.

1:40.0

And also I think you're more aware that things can go wrong.

1:47.0

Yeah, because if you're doing your job right as a CEO, you're always thinking about what could go wrong.

1:52.0

I mean, I'm skipping ahead a few companies,

1:54.3

but in the 90s you had an equipment rental company,

1:57.8

United Rentals, and there was all this infrastructure funding

...

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