Ep. 250 - Alex Blumberg: The Shape of a Story: Building a Podcasting Empire

Ep. 250 - Alex Blumberg: The Shape of a Story: Building a Podcasting Empire

Alex Blumberg is the founder and CEO of Gimlet Media. Before this, he was an incredibly successful radio journalist. He won multiple awards in the industry. Alex hosted and produced popular NPR shows, "Planet Money" and "This American Life". When he saw the new industry of podcasting booming, he risked it all and reinvented himself. He started his own company. Today Gimlet Media oversees and produces multiple podcasts at one time. Visit gimletmedia.com to discover a variety of new podcasts you can start listening to today! ------------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.

Avsnitt(1373)

How to Succeed in Business and Politics | Wilbur Ross (39th Secretary of Commerce)

How to Succeed in Business and Politics | Wilbur Ross (39th Secretary of Commerce)

Here's a draft of your podcast show notes based on the Wilbur Ross episode:A Note from James:Wilbur Ross, the man, the myth, the legend. I'm going to be honest, back in 1999, I remember playing a lot of poker at the Mayfair Poker Club in New York City. There was a guy there who worked for Wilbur Ross, who was running huge private equity funds back then. I was jealous because I wanted to work for Wilbur Ross. He's been a consistent feature in building businesses decade after decade. Most recently, he served as Secretary of Commerce for all four years of the Trump administration.Now, Wilbur has a new book out called Risks and Returns, about his 55-year career building businesses and his experiences in government. So, I can't believe I had the chance to talk with him about this incredible journey.Episode Description:In this episode, James sits down with Wilbur Ross, one of the most influential business minds of our time. From running one of the largest private equity funds to serving as Secretary of Commerce, Ross has been at the epicenter of some of the most significant economic shifts in modern history. Wilbur shares his insights on building businesses, navigating the complexities of government, and his views on the current economic landscape. His new book Risks and Returns offers a unique glimpse into his 55-year career, and this conversation is filled with the kinds of practical insights that entrepreneurs and investors won't want to miss.What You'll Learn:The keys to Wilbur Ross's long-term success in business and government.How the American bankruptcy system aids in company rehabilitation, rather than liquidation.The challenges and opportunities around rare earth minerals and the semiconductor supply chain.Why labor force participation is crucial to economic growth and reducing inflation.How government fiscal policy and the Federal Reserve's actions contribute to inflation.Timestamped Chapters:[01:30] Introduction to Wilbur Ross's career and private equity legacy.[04:37] The scope of the Secretary of Commerce's responsibilities.[06:41] The innovations Elon Musk has brought to the space industry.[13:19] Wilbur's early career challenges and lessons learned.[20:20] Wilbur's approach to distressed industries and investment strategies.[32:15] How the government prints money and its role in inflation.[45:14] The national security threat posed by rare earth minerals and semiconductors.[50:26] Reflections on the Trump administration and Trump's unique approach to foreign policy.Additional Resources:Risks and Returns by Wilbur Ross ------------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.

17 Sep 20241h

The Untold Stories of America's Presidents: A Conversation with David Rubenstein

The Untold Stories of America's Presidents: A Conversation with David Rubenstein

Here are the podcast show notes with all the chapters included:A Note from James:"Sometimes, if you just read the news, it doesn't always seem like it, but being President of the United States is the highest calling. You have responsibility over the entire economy, the lives of millions, and the direction of the country in war and peace. I'm excited to talk to David Rubenstein today-he's the head of the Carlyle Group, a $500 billion private equity firm. He also worked for Jimmy Carter, has had presidents work for him, and just published a book called The Highest Calling: Conversations on the American Presidency, where he talks to historians about U.S. Presidents, from George Washington to Nixon and beyond. It's filled with fascinating insights. Let's get started."Episode Description:In this episode, James interviews David Rubenstein about his latest book, The Highest Calling, which dives into the complexities of American presidents through interviews with historians and Rubenstein's own reflections. Rubenstein shares what he's learned from years of interacting with former presidents, how public opinions on U.S. presidents change over time, and what makes the presidency such a unique role. They also touch on the challenges and achievements of figures like Jimmy Carter, Abraham Lincoln, and Dwight Eisenhower, offering listeners new ways to think about the men who have led the country.What You'll Learn:The evolving reputations of U.S. Presidents and how history changes its mind on who was successful.Insights into Jimmy Carter's presidency and why he is gaining new respect over time.The unique challenges that presidents face in foreign policy, with examples from Carter and Eisenhower.How third-party candidates can impact U.S. presidential elections, and what history tells us about that.Surprising facts about lesser-known presidents and the personal relationships that shaped their leadership.Chapters:01:30 - The Weight of the Presidency: Why it's the highest calling in America.02:09 - Introduction of David Rubenstein and his work with U.S. Presidents.03:01 - Rubenstein's New Book: The Highest Calling and why it stands out.03:19 - Changing Opinions: How history re-evaluates past presidents.05:12 - Jimmy Carter's Presidency: Achievements and controversies.08:37 - Foreign Policy and Perception: How leaders are judged at home and abroad.10:21 - Carter's Unique Strategy in 1976: His rise to the presidency.12:38 - Foreign Policy in the Middle East and the Iran Hostage Crisis.14:03 - Stories Left Out: Surprising anecdotes from U.S. history, like Teddy Roosevelt's Amazon expedition.21:54 - Coolidge's Forgotten Legacy: Why he is an underrated president.23:02 - Hoover's Response to the Great Depression: Was it Coolidge's fault?25:21 - Eisenhower's Quiet Success: How peace and prosperity defined his presidency.29:01 - Military Presidents and Their Reluctance to Use Force: Why they preferred diplomacy.32:17 - The President's Club: Why it no longer exists and the political divide today.33:50 - The Role of Fundraising in Political Polarization.36:46 - The Costs of Running a Presidential Campaign: Why it's so expensive.38:13 - Lincoln's Path to the Presidency: How he stood out in a crowded race.39:49 - The Electoral College Debate: Should it still exist?42:18 - Third-Party Candidates and Their Impact on Elections.44:06 - Overrated and Underrated Presidents: How Kennedy and Eisenhower are viewed today.49:09 - Nixon's Fall from Grace: How his tapes ruined his presidency.50:12 - Nixon's Post-Presidency and Redemption.54:45 - Presidential Debates: How one-liners and debate prep can make or break a candidate.57:40 - The Influence of Speechwriters: Ted Sorensen's role in Kennedy's speeches.01:00:04 - Entering Politics: David Rubenstein's inspiration from Ted Sorensen.01:01:21 - What Presidents Should Know About the Economy.01:03:16 - Unrealized Gains and... See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

10 Sep 20241h 3min

Revolutionizing Medical Tech with AI | Hamed Shahbazi

Revolutionizing Medical Tech with AI | Hamed Shahbazi

Episode Description:In this episode, James sits down with Hamed Shahbazi, the CEO of WELL Health Technology and Chairman of Healwell AI, who has been pioneering advancements in healthcare through technology. Hamed shares how AI is not just a tool for the future but a current reality that is reshaping the healthcare industry. From predicting diseases to optimizing treatments, AI is making healthcare more personalized and proactive. Hamed's insights reveal how these technological advancements are poised to dramatically improve patient outcomes, streamline medical processes, and ultimately save lives.This episode isn't just about the potential of AI in healthcare-it's about the actual changes happening right now. Hamed discusses the importance of data in healthcare and how AI uses this data to make life-saving decisions that were previously unimaginable. If you're interested in the future of medicine, this episode offers a clear view of what's coming and what's already here.What You'll Learn:The Role of AI in Diagnosing Rare Diseases: Discover how AI is capable of identifying rare diseases that even experienced doctors might miss, using complex data analysis.AI's Impact on Personalized Healthcare: Learn how AI personalizes healthcare by analyzing individual patient data against millions of other records to offer tailored health advice and treatment plans.Efficiency in Healthcare with AI: Understand how AI is reducing the workload for physicians by automating data entry and patient monitoring, allowing them to focus more on patient care.Healthcare as a Service: Explore the concept of Healthcare as a Service (HaaS), where AI-driven platforms provide continuous health monitoring and proactive care suggestions.The Future of AI and Healthcare: Get insights into how AI is set to transform healthcare, not just in the long term but in the immediate future, making healthcare more accessible and efficient.Chapters:00:00 - Introduction and the Evolution of Healthcare03:10 - How the Oura Ring Tracks and Measures Stress08:05 - The Impact of Continuous Health Monitoring12:15 - AI's Role in Health Data Analysis and Prediction19:35 - The Future of AI in Personalized Healthcare26:00 - Real-Life Examples of AI Diagnosing Rare Diseases35:20 - Challenges and Benefits of AI in Medical Diagnosis42:40 - The Concept of Healthcare as a Service46:55 - Future Predictions and Parting ThoughtsAdditional Resources:Oura Ring Official WebsiteWell Health TechnologiesHamed Shahbazi | LinkedIn ------------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.

3 Sep 202446min

RFK Jr. Suspends Campaign and Endorses Trump – Impact on the Election, Important Issues and What happens next?

RFK Jr. Suspends Campaign and Endorses Trump – Impact on the Election, Important Issues and What happens next?

In this episode, I analyze the surprising decision of Robert F. Kennedy Jr. to suspend his presidential campaign and endorse Donald Trump, examining the potential ripple effects on the upcoming election. I address several key questions, such as how this decision could influence voter behavior, affect fundraising dynamics, and reshape election strategies for both Trump and Kamala Harris. I delved into my personal experience with RFK Jr., including his appearance on my podcast where he discussed his contentious views on vaccines, which I initially chose not to release due to their controversial nature and my inability to fact-check them at the time.Additionally, I provide a historical perspective by examining past elections where third-party candidates acted as spoilers, such as Ralph Nader in the 2000 election and Theodore Roosevelt in the 1912 election. These examples highlight the significant impact a third-party candidate can have on election outcomes. The script further explores RFK Jr.'s speech and newly expressed concerns about chronic diseases, obesity, and ultra-processed foods in the U.S., comparing his claims with available data and trends.I also address the concept of corporate capture of federal agencies like the FDA, providing examples of former FDA officials who moved to high-level positions in pharmaceutical companies. This discussion includes RFK Jr.'s claim that 50 percent of the FDA's funding comes from pharmaceutical companies through user fees, raising concerns about potential conflicts of interest.Moreover, I discuss RFK Jr.'s potential future role in a Trump administration, focusing on health policy issues, and his influence on current polling dynamics. I fact-check several of his statements and analyze their implications for American health and longevity, contrasting U.S. life expectancy with that of other countries. Finally, I explore economic policies proposed by Kamala Harris and their potential impact on the U.S. economy, emphasizing RFK Jr.'s emphasis on children's health and the possible consequences of his alignment with Trump for the upcoming election. This detailed analysis aims to provide viewers with a nuanced understanding of RFK Jr.'s endorsement and its broader political and social implications.00:00 Introduction and Setting the Scene00:14 Robert F. Kennedy Jr.'s Campaign Suspension00:47 Personal Reflections on Vaccines04:03 Impact of Third-Party Candidates in Elections06:38 Historical Spoiler Elections13:23 RFK Jr.'s Concerns and Endorsement of Trump22:49 Polling Dynamics and Election Predictions27:52 RFK Jr.'s Potential Role in a Trump Administration30:04 Fact-Checking RFK Jr.'s Claims on Health Issues34:14 Big Pharma: Friend or Foe?34:34 The Decline of Smoking and Its Impact on Life Expectancy35:34 Comparing Life Expectancy Across Countries37:01 The Role of Ultra-Processed Foods in American Health39:37 RFK Jr.'s Controversial Views on Vaccines41:43 The Impact of RFK Jr.'s Political Moves46:39 Corporate Capture and Its Consequences51:59 Economic Policies and Their Implications54:46 RFK Jr.'s Focus on Children's Health58:30 Final Thoughts and Listener Questions ------------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... See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

26 Aug 20241h 7min

The Pillars of Life with Marshall Goldsmith

The Pillars of Life with Marshall Goldsmith

A Note from James:"Marshall, you have the best name in the world for someone who's going to write about leadership. I would hire you as a coach just for your name alone-Marshall Goldsmith, it just sounds perfect. For those who aren't familiar, and I'll do an intro, you've written an enormous number of successful leadership books, selling over 3 million copies. You've coached Fortune 500 CEOs, and you're launching MarshallGoldsmith.AI, your new AI venture. Let's get into what it means to be a good coach."Episode Description:In this episode of The James Altucher Show, James welcomes Marshall Goldsmith, one of the world's leading executive coaches and a best-selling author. Marshall shares his insights on leadership, coaching, and the often-overlooked distinction between happiness and achievement. With a career that spans decades, Marshall's wisdom is not just theoretical; it's backed by his experience coaching some of the most successful leaders in the world.Listeners will discover why coaching isn't just about offering advice but about working with those who are ready to make real changes. Marshall's no-nonsense approach to identifying and working with key stakeholders, understanding the value of process over results, and the importance of daily habits for personal growth are just a few of the many lessons shared in this episode.What You'll Learn:Why the most successful leaders seek out coaching and how it helps them continue to grow.The critical difference between happiness and achievement, and why you shouldn't confuse the two.How focusing on the process rather than the results can lead to greater success and satisfaction.Practical techniques for self-improvement that you can implement daily, including the power of active questioning.The unique challenges and opportunities presented by AI in the realm of coaching and personal development.Chapters:01:00 - Introduction and Name Discussion02:04 - Marshall Goldsmith's Coaching Philosophy02:13 - Success Stories: Alan Mullally and Hubert Jolie04:00 - The Impact of Coaching on Leadership08:16 - Coaching Techniques and Stakeholder Feedback16:09 - Happiness and Achievement: Independent Variables22:14 - Focusing on the Process, Not the Results33:55 - The Key to Daily Happiness34:16 - The Billionaire's Happiness Dilemma35:30 - Three Pillars of a Fulfilling Life37:44 - The Illusion of Achievement-Based Happiness42:51 - Daily Questions for Self-Improvement44:34 - The Importance of Being Coachable59:40 - The AI Coaching Revolution01:03:37 - Marshall Goldsmith's Journey to Coaching01:05:55 - Final Thoughts and ReflectionsAdditional Resources:Marshall Goldsmith's Official WebsiteMarshallGoldsmith.AIThe Heart of Business by Hubert JolyLoonshots by Safi Bahcall ------------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.

20 Aug 20241h 4min

Scott Adams: Unpacking Former President Donald Trump’s Livestream with Elon Musk and how Trump and Kamala will shape the 2024 Election

Scott Adams: Unpacking Former President Donald Trump’s Livestream with Elon Musk and how Trump and Kamala will shape the 2024 Election

In this episode, I delve into the current political climate in anticipation of the 2024 election. We analyze the past eight years, focusing on key figures like Trump, Hillary Clinton, Biden, and Kamala Harris, and discuss crucial issues such as cybersecurity and election integrity. Scott Adams joins us to share insights from his 'Coffee with Scott Adams' show, evaluating media influence, polling, and the strategies of political parties. We also discussed the Livestream that Elon Musk did with Former President Trump on "X". Additionally, here are my takeaways from the livestream.We discuss the polarization of society, the role of mental health in politics, and leaders' decision-making processes influenced by impactful ideas. Additionally, we touch on the emergence of the 'Internet Dads,' a non-partisan group advocating for common-sense solutions, and provide tips to navigate fake news and connect with the electorate. Join us as we explore the complexities of today's political landscape and the possibilities for positive change amidst significant challenges.Livestream takeaways: https://x.com/jaltucher/status/182339446314779868100:00 Reflecting on the Political Landscape01:21 Election Security Concerns05:05 Debating Voter ID Laws08:17 The Role of Electronic Voting Machines11:12 Trump's Political Journey22:20 Pandemic Leadership and Decisions27:58 Fascism and Government Control30:09 Analyzing Political Campaign Strategies33:16 Trump and Musk: A New Kind of Interview41:51 The Influence of Advisors and Ideas44:40 The Influence of Consultants in Politics45:14 Kamala Harris and the No Taxes on Tips Initiative46:14 Obama's Influence and the TARP Bailouts48:00 Antisemitism on College Campuses52:43 The Impact of Mental Health on Political Views55:08 The Polarization of Political Conversations57:01 Election Predictions and Potential Outcomes01:00:15 The Role of the Supreme Court in Election Disputes01:22:52 The Importance of Personal Charisma in Politics01:24:40 Concluding Thoughts and Future Predictions ------------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.

14 Aug 20241h 25min

Navigating New Frontiers: A Military Tech Overhaul with Chris Kirchhoff

Navigating New Frontiers: A Military Tech Overhaul with Chris Kirchhoff

A Note from James:Is our military way behind other countries in terms of using the latest technology with AI, with drones, with biotech, with cybersecurity? I think for many years we know we're behind on supersonic weapons. Are we behind on AI? How did Hamas send undetected a thousand or so paragliders into Israel without Israel detecting it? Are we behind on the AI that's in sensors? What is going on?So, with the help of Chris Kirchhoff, who wrote the book "Unit X: How the Pentagon and Silicon Valley are Transforming the Future of War," we answer these questions and more.Episode Description:In this episode, James Altucher hosts Christopher Kirchhoff to explore the critical question: Is the US military lagging behind in technology? They discuss the current technological shortcomings of the military, historical contexts, and how metrics of military power are evolving. Kirchhoff provides an insightful analysis of the Hamas attack as a case study to highlight technological vulnerabilities and failures. The conversation expands to cover the rise of drones, the innovative Replicator Initiative, and the crucial role of AI and machine learning in military operations. Kirchhoff shares his experiences bridging the gap between Silicon Valley and the Pentagon, offering a rare glimpse into the challenges and successes of modern military technology integration.What You'll Learn:Technological Shortcomings: Understand the areas where the US military is currently falling behind other nations in technology.Impact of Drones: Learn about the transformative role drones play in modern warfare and their potential to change military strategies.Replicator Initiative: Discover the Pentagon's innovative approach to building low-cost autonomous weapon systems.AI in Military Operations: Gain insights into how AI and machine learning are being integrated into military strategies and operations.Bridging Technology Gaps: Explore the challenges and successes of connecting Silicon Valley's rapid innovation with the Pentagon's strategic needs.Chapters:01:30 Introduction: Is the US Military Lagging in Technology?02:15 Current Technological Shortcomings03:20 Historical Context of Military Superiority03:59 Changing Metrics of Military Power06:42 Hamas Attack: A Case Study08:15 Technological Vulnerabilities and Failures10:22 US Military's Technological Lag11:42 The Rise of Drones in Modern Warfare14:52 The Replicator Initiative17:54 Bridging the Gap Between Silicon Valley and the Pentagon24:39 Challenges in Government Contracting28:35 Innovative Contracting Solutions31:17 Discovering Joby Aviation: The Future of Flying Cars32:24 Military Applications and Collaboration with Joby34:53 The Rise of Drones in Modern Warfare37:12 Rogue Squadron: The Military's First Commercial Drone Unit39:32 Anduril and the Future of Combat Collaborative Aircraft45:14 AI and Machine Learning in Military Operations51:31 Ethical Issues in Military Technology01:04:02 Strategic Stability and the Future of Warfare01:09:35 Conclusion: Bridging Silicon Valley and the MilitaryAdditional Resources:Unit X: How the Pentagon and Silicon Valley are Transforming the Future of WarJoby AviationAnduril IndustriesDefense Innovation Unit (DIU)DARPA ------------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... See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

6 Aug 20241h 9min

The Realities of Entrepreneurship with Mike & Kass Lazerow

The Realities of Entrepreneurship with Mike & Kass Lazerow

A Note from James:So, in 2006, I was starting this company called StockPicker. This random guy calls me out of the blue and says, "I want to be CEO of your company. I just sold Golf.com and now I'm figuring out what to do." So we meet for breakfast, and he gave me all these ideas that were great. I stole all of them, built up StockPicker, and sold it. This guy and his wife then started their own company, and eventually sold it for $800 million. We've been friends all along. Even though I rejected him and stole his ideas, I'm glad he did much better than if he had joined StockPicker. They decided to come on the podcast and share their secrets of entrepreneurship. So, here's Michael and Kass Lazerow, two extraordinary entrepreneurs and friends.Episode Description:In this episode, James Altucher sits down with Michael and Kass Lazerow, the dynamic duo behind Buddy Media, a company they built and sold for $800 million. They share their journey from the early days of cold emailing and breakfast meetings to navigating the challenges of the great recession and pivoting their business model. This conversation goes beyond the usual success stories, diving into the reality of entrepreneurship, the sacrifices, the mistakes, and the mindset needed to thrive.What You'll Learn:The Importance of Pivoting: How to know when it's time to change your business model and the signs that indicate a pivot is necessary.Building a Resilient Mindset: Insights on handling stress and maintaining a positive outlook during challenging times.Networking and Fundraising: Effective strategies for building valuable relationships and securing investments.Working with Your Spouse: The dynamics of being business partners with your spouse and how to make it work successfully.Marketing and Scaling: Techniques for marketing your startup effectively and transitioning from custom solutions to scalable software.Chapters:00:01:30 - The Unexpected Call: Starting StockPicker00:02:39 - Introducing Michael and Kass Lazerow00:02:50 - The Shift to Social Media00:03:25 - Buddy Media's Early Days and Challenges00:04:16 - Writing a Book: Shoveling Shit, A Love Story00:05:07 - The Art of Pivoting in Business00:07:53 - The Power of Partnership: Working as a Married Couple00:11:27 - The Evolution of Buddy Media00:16:15 - The Free Felt Business Idea00:18:46 - Navigating Early Challenges and Fundraising00:32:47 - Health Scares and Their Impact on Perspective00:34:13 - The Reality of Entrepreneurship00:40:22 - Balancing Personal Life and Business00:50:31 - Networking and Building Relationships00:56:28 - Writing the Book: Process and Insights01:00:38 - Conclusion and Future PlansAdditional Resources:Buddy MediaGary VaynerchukPeter ThielMark PincusVelvet Sea VenturesThese show notes capture the essence of the episode, providing listeners with clear insights and resources to further explore the topics discussed. ------------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... See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

31 Juli 20241h 1min

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