The Choose Yourself Guide To Wealth

This book is bold and smart and full of great ideas. James Altucher, the author, is a successful entrepreneur, investor, author, and chess master. He has experienced amazing success and terrible failure, unhappiness, and loneliness. He is painfully honest. He draws on his observations about what he was doing at the times we was happy and succeeeding, compared to the times when he was not.

Some of the key ideas and concepts in this book include:

• How the world is changing, and why being an employee is no longer safe, stable, or desirable.
• How ideas are the most valuable currency of our time, and why you should practice coming up with 10 new ideas each day.
• The importance of daily practice in key areas of your life.
• The importance of saying no.

Here are some of my favourite excerpts from the book:

"True wealth occurs when you don’t have to bow down to any gatekeepers—regardless of the money involved. Money is just a by-product. You are out of prison. You are free."

"When I say yes to something I don’t want to do, I end up hating myself, hating the person I said yes to, doing a bad job, and disappointing everyone. I try try try not to do it anymore."

"Only free time, imagination, creativity, and an ability to disappear will help you deliver value that nobody ever delivered before in the history of humankind."

"Don’t do something just for the money. Money is a side effect of persistence. You persist in things you are interested in. Explore your interests. Then persist. Then enjoy all the side effects."

"Ideas are the currency of life. Not money—because money can run out. Money gets depleted until you go broke. But good ideas buy you good experiences, buy you better ideas, buy you better experiences, buy you more time, save your life. Financial wealth is a side effect of the “runner’s high” of your idea muscle."

"If you combine two areas of life and get reasonably good at both and then combine them, then you are suddenly the best in the world at the combination."

Read this book.