The Mindset of World Champions with Tim Grover (Part One)

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James Altucher

How to Overcome Embarrassment & Reach Your Goals Faster

When was the last time you were embarrassed?

I think it’s fair to say that embarrassment is a feeling we’ve all had from time to time.

Whether it happened back in grade school when you forgot your lines in a play, or whether you slipped up in the board room, we’ve experience embarrassment from time to time. The truth is, embarrassment is often bigger in our own heads than it is in other people’s eyes.

When we get embarrassed, we typically challenge our self-worth. After all, people who have it all together don’t make mistakes, right?

Not exactly. We’re all human, and part of being human is making mistakes.

Today’s guest on the podcast has started 20 companies — 17 of which have failed. When you look at it from a numbers standpoint, that’s not a great ratio. But when you hear the story, you’ll think otherwise. You’ll learn how we can turn failure into success, overcome embarrassment, and start reaching our goals today!

Let’s welcome my friend James Altucher back to The School of Greatness!

“Money is not something you get so you can spend it. Money is a symptom of having a good growth mindset, not a scarcity mindset.” @jaltucher  

In addition to having fantastic hair, James Altucher is an American hedge fund manager, entrepreneur, author, venture capitalist, and podcaster. He has published 20 books, and he is a contributor to publications including The Financial Times and The Huffington Post.

Failure is a big part of James’ story. He has founded or co-founded more than 20 companies, 17 of which have failed, but he hasn’t let this slow him down. In fact, I believe that anyone who is remotely successful has probably experienced an extraordinary amount of failure in their life. Why? Because overcoming failure is a step towards success.

At one point, James Alutcher lost almost all his money. He was completely broke. He had less than two hundred dollars in his bank account. He spiraled into depression, anxiety, and even thoughts of suicide. But through it all, he was able to build his business back up, and change that two hundred dollars into fifteen million. Not only is he financially free, but he also has a loving family with five young adult children.

James wants to tell you how to free yourself financially, how to cope with failure and fear, and how to have a healthy relationship with your money. He truly cares about people and wants to help everyone achieve their maximum potential.

Today, James Altucher is not only a businessman but a creator as well. He’s the bestselling author of the New York Times bestseller Choose Yourself which is all about pursuing your creativity, investing in yourself, and developing skills that will make you successful, healthy, and happy. He is also the host of The James Altucher Show in which he interviews innovators, creators, and just all-around amazing people. James Alutcher’s podcast has been extremely successful, and I recommend you check it out!

I’ve been on his podcast a few times now, and I enjoy each opportunity. James Altucher has been a recurring guest on my podcast as well, and I always enjoy hearing what he has to say. I’ve had the pleasure of interview James several times now! Check out Episode #922, Episode #425,  Episode #133, Episode #21, and Episode #19 to hear more of his wisdom!

But for now, join me on Episode 1,104 to learn how to overcome embarrassment and reach your goals faster with James Altucher!

“Regular people cannot see the difference between good and great performers.” @jaltucher  

Some Questions I Ask:

  • How do we become happy, wealthy and healthy?
  • What does it mean to “Skip The Line?”
  • What would you say if you saw Jerry Seinfeld after he wrote the article about you?
  • When did you learn the skill of overcoming embarrassment?
  • How do you deal with negativity?
  • How do you write a book that has everyone do the advertising for you?

In this episode, you will learn:

  • Why James hates the 10,000 hour rule and what he believes you should do instead.
  • How you can become the top 1% in the world of what you like and monetize your dream
  • How James was able to overcome embarrassment and practice stand-up comedy.
  • How to develop a rich mindset. James has become rich and then lost it all multiple times, so I love his perspective on this.
  • The technique that has made James millions.
  • Plus much more…
James Altucher
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James Altucher

Transcript of this Episode

Music Credits:

Music Credit:

Kaibu by Killercats

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