31 Aug What if there were only 2 rules you needed to know for success & happiness?
STAYING FOCUSED ON THE RIGHT THINGS CAN MAKE ALL THE DIFFERENCE.
BY VIVIAN GIANG
There are three skills you need to be financially successful: making money, keeping money, growing money. James Altucher is mostly only good at making money.
"I’ve had several instances where I’ve started a business, sold it, made a lot of money, and then basically lost everything I made, whether it was $50 million or $5 million or whatever," he tells Fast Company. "I always have a tendency to lose everything I made."
At some point, Altucher started thinking about the routines and habits he kept while he was making money starting and running more than 20 companies, investing in over 30 companies, advising another 50 private companies (ranging from $0 in revenue to a billion in revenue), publishing a handful of books, including the upcoming The Rich Employee, and hosting a number of podcasts, including an upcoming one with Freakonomics’ Stephen J. Dubner called Question of the Day.
There are some simple rules, like drink coffee first thing in the morning and 20 minutes before you write so that it "sets your brain on fire, makes you go to the bathroom, cleans your body out before you set your heart on fire." Then, there’s his 30% rule, which basically says that everyone should cut or rewrite at least 30% of their masterpiece after they think they’ve finished it. Next, there are some complicated rules that require some math, like the 4/64 rule and the 30/150/millions rule. But, specifically, there are two rules that have always brought Altucher back to success every time he falls down and loses everything.
Below are his two rules to live and work by:
THE RULE TO LIVE BY
Altucher has been focused on making slight improvements (about 1% every day) in four specific areas of his life on and off for the past six years. When it’s "off" time, he finds that he fails quickly. So, for the past six years, he’s been steadfast in working on improvements in his physical, emotional, mental, and spiritual health.
"These four things contributed so much to my success and then when I stop doing them, I would lose everything and then have to start from scratch," he says.
"If you don’t do this, nothing else works," he asserts.
Here’s how it works:
…keep reading (but only if you want more happiness and a better life) – HERE