James Altucher: Debunking the 10,000-Hour Myth, How to Master Any Skill | E275

After selling his first company for a staggering $15 million, James Altucher lost everything within two years. But instead of letting that setback define him, he forged his own unconventional path to success, embracing failure and constant experimentation. Not only has he built a career as a successful serial entrepreneur and thought leader, but he's also a chess master and stand-up comedian. In today’s episode, James will share his transformation story, techniques for attaining mastery quicker, and how you can forge your own path to success.    James Altucher is a multifaceted entrepreneur, renowned LinkedIn influencer, prolific writer, and venture capitalist. He is involved in over 30 companies across diverse fields including tech, energy, healthcare, and biotech. James's writing career boasts over 20 books, including Skip the Line and the Wall Street Journal bestseller Choose Yourself.    In this episode, Hala and James will discuss: - Skipping the line to mastery - The concept of choosing your own life - Balancing passion & profitability - The idea that you don’t have to be the best - When it’s okay to sacrifice money - The 10,000-experiments rule versus the 10,000-hour rule - Experimenting to leapfrog over normal learners  - How to become the top 1% in any field - The importance of executing cheaply and quickly - And other topics…   James Altucher is a multifaceted entrepreneur, renowned LinkedIn influencer, prolific writer, and venture capitalist involved in over 30 companies across diverse fields including tech, energy, healthcare, and biotech. No stranger to failing, he's launched 20 businesses, 17 of which failed. James's writing career boasts over 20 books, including Skip the Line and the Wall Street Journal bestseller Choose Yourself, ranked second among the 12 Best Business Books of All Time by USA Today. His writing has been featured in The Financial Times, Forbes, The Wall Street Journal, TechCrunch, and The Huffington Post.   Resources Mentioned: James’s Website: https://jamesaltucher.com/  James’s LinkedIn: https://www.linkedin.com/in/jamesaltucher/  James’s Twitter: https://twitter.com/jaltucher  James’s Instagram: https://www.instagram.com/altucher/  James’s Facebook: https://www.facebook.com/JAltucher.Blog/  James’s Podcast: https://podcasts.apple.com/us/podcast/the-james-altucher-show/id794030859  James’s Book, Skip the Line: https://www.amazon.com/Skip-Line-Experiments-Surprising-Reaching-ebook/dp/B08BLLF3RD/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr= Book by K. Anders Ericsson and Robert Pool, Peak: Secrets from the New Science of Expertise: https://www.amazon.com/Peak-Secrets-New-Science-Expertise/dp/1531864880 LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast’ for 30% off at yapmedia.io/course.     Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Rakuten - Start all your shopping at rakuten.com or get the Rakuten app to start saving today. Porkbun - Get your .bio domain and link in bio bundle for just $5 from Porkbun at porkbun.com/Profiting Justworks - Start your free month now at justworks.com/profiting Indeed - Get a $75 job credit at indeed.com/profiting Economist Education - Go to education.economist.com/PROFITING and enter my promo code PROFITING at registration to get 15% off any course from Economist Education. This offer ends on March 31st – don’t wait! Airbnb - Your home might be worth more than think. Find out how much at airbnb.com/host   More About Young and Profiting Download Transcripts - youngandprofiting.com  Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review -  ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting   Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala   Learn more about YAP Media Agency Services - yapmedia.io/