#76 with James Altucher - Making and Losing Millions Over and Over Again
My First Million20 Touko 2020

#76 with James Altucher - Making and Losing Millions Over and Over Again

Today's episode is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Today, Sam (@thesamparr) and Shaan (@shaanvp) chat with James Altucher (@jaltucher). James is an entrepreneur, hedge fund manager, podcaster, writer and stand-up comedian. He has founded and sold companies for millions and lost his fortune over and over. He's always found a way back and today he shares all the lessons hes learned along the way. Today's topics include: (1:50) James talks about his background (6:05) James explains the companies he started and how he made his money. (19:10) James became a much better investor when he started investing alongside much smarter investors. (21:30) The challenges of selling a company. (29:14) James explain why he kept losing his fortunes and what he did to start managing his money better. (32:48) How James’ happiness fluctuated as his fortunes rose and fell. (38:35) James discusses what he does today — writing, podcasting, investing and stand-up comedy. (40:00) James discusses his investment and risk management strategy. (45:30) James tries to come up with 10 new business ideas every day — he explains his process. (51:00) How would you make money if you were 21 again? See acast.com/privacy for privacy and opt-out information.

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#32 - Product Genius: Scott Belsky

#32 - Product Genius: Scott Belsky

We've got a different flavor today for you. We sat down with Scott Belsky (@scottbelsky) join us today and instead of hearing his backstory, we bounced around a bunch of topics. Scott has done it all....

25 Joulu 201948min

#31 - The Wild Wild West of Mineral Real Estate

#31 - The Wild Wild West of Mineral Real Estate

Mike Brown is my new hero. He's an ex military man, who came back & built a super lean business (5 employees and 10's of millions in revenue annually) - hired best friends and brothers to share the ex...

18 Joulu 201949min

#30 - Reinventing the Energy Drink

#30 - Reinventing the Energy Drink

LifeAid’s Aaron Hinde (@aaronhinde) stopped by to talk “vitamins that you’ll enjoy drinking.” He built a new beverage brand from zero to $100m+ in value, taking on the big boys like Red Bull, Monster ...

11 Joulu 201934min

#29 - Powder Diets, Instagrammable Experiences & Distribution First

#29 - Powder Diets, Instagrammable Experiences & Distribution First

The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big b...

4 Joulu 20191h 8min

#28 - Building Big Ass Fans For Big Ass Money

#28 - Building Big Ass Fans For Big Ass Money

Carey Smith sold Big Ass Fans for Big Ass Money. As you can probably tell, he found a way to make ceilings fans sound sexy, but more importantly a sexy business. Find out how this unconventional self-...

27 Marras 201943min

#27 - 10 Million Reasons Why He Plays Poker

#27 - 10 Million Reasons Why He Plays Poker

Faraz Jaka (@FarazJaka) is a Poker pro who’s made $10M on the felt... What started out as a fun game during his spare time in college turned into big money FAST. Turning a few hundred dollars into $18...

20 Marras 201947min

#26 - Shopify Spy Tool, Apartment Plants & Lucrative Content Sites

#26 - Shopify Spy Tool, Apartment Plants & Lucrative Content Sites

The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big b...

15 Marras 201917min

#25 - Mission Driven: Bringing Solar Power to 1M People in Africa

#25 - Mission Driven: Bringing Solar Power to 1M People in Africa

He's not on a mission to make money, quite the opposite. Xavier Helgesen is a mission driven founder, who uses money to do more good in the world. His first company, Better World Books sells 10 millio...

13 Marras 201946min

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