James Altucher introduces us to a rule that helps us say "no"
Episode 1776: Using the 5/25 Rule to Learn to Say "No" by James Altucher on How To Focus on The Most Important Things in Life
James Altucher is an American hedge fund manager, entrepreneur, bestselling author, and podcaster. He has founded or cofounded more than 20 companies and says he failed at 17 of them. He has published 11 books, and is a regular contributor to The Financial Times, TechCrunch, and The Huffington Post. USA Today named his book Choose Yourself one of the 12 Best Business Books of All Time.
The original post is located here: https://jamesaltucher.com/blog/using-525-rule-learn-say-no/
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This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
This is optimal living daily episode, one thousand seven hundred and seventy six using the five hundred and twenty five
rule to learn to say now by James Altitude of James Altitude. I come
and I'm just a Molokai who's been reading articles book excerpts, even student essays to you every day, including holidays for over four and a half years cover.
personal development or self help how to live a better life in a lot more. Those with
mission from the authors or websites just hit the follow or Subscribe London, any free, podcast out to get new Ipsos for free days, both being from James Altvater,
their right to it. Answer optimizing. Your life
using the five twenty five rule to learn to say. No,
James Altvater of James, our shared our come when I was twelve hours obsessed with a book on my parents, shell dont say yes, when you want to say no a pop psychology book from the seventies. All about I pretend to be sick, stay home from school, read the
look over and over again fascinated by the stories too bad. I didn't learn anything from it number one. I wish I had never started a business. To be honest, he was a result of my first business. My partner has one sister and one brother in law
no longer speak to me. I lost all the money I made from that business. I gave up my
of launching a tv show was in the middle of pitching two shows HBO at the time I left to do my own business. I gave a bunch
names of writing a novel? I stopped sleeping from ninety ninety five to twenty ten fifteen years of little to no sleep. My brain and nerve damage learn. Fear hate anxieties straight
and poverty. From that first business. I wish I had said yes to it. Yes, number two. I wish it
Restarting the financial industry Arena hedge fund for many years. I have nothing really to show for it
I learned. A lot about business browser gave
by doing what are good at as good a building websites. I started. My first fond around
thousand three. After being a solid day trader for the prior two years. I read two hundred bucks
on finance arose software modeling markets, assorted, networking with
Hedge fund managers, MR writing, about finance early became an expert in entire field of trading in stock markets, etc. You know what Moultrie is mostly bs.
can I really despise almost everyone in that industry, whereas when I? Finally, Sir
a building websites for people again in two thousand six. I quickly got over
users a month? On the first sight I released to the public, I sold it a few months later. I wish I had said no for years earlier,
yes number three, then I wanted to be on tv, everytime, CNBC called I'll, say yes, I'll drop. Everything
and sometimes travel seventy miles. I can go on tv for three minutes. I be sitting icy anger.
she stared at her notes. Until five seconds before we were going live, she'd say it was always a. She had always say your name again. I look at her and say I'll touch her, but fast I'll touch her and then she still be laughing when we go live. I want on twice a week for years needs. Three minute visit was about five hours door to door, including preparation, so about fifty.
hundred a two thousand hours of voice a time because I can say no here's the only thing I learned about news tv, always
do is fill is fill the space between commercials news, major news producer as me notice something this week I started taking DJ classes a few weeks ago. I really wanted to learn, but then I thought of the five twenty five rule that Warren Buffett talks about where the top twenty five things you want to do in life dj, believe it or not, is in my top twenty five. I love the music more above. It then says now take the top five and separate from the bottom. Twenty and.
look at the bottom twenty again, because you love those twenty, but it's because you love them that they are always distract from the top five that you super love. My super love writing podcasting comedy
my family, the remaining businesses that I'm still involved in my top five. That's all I want to say yes to so I said no to the classes. I said yes to a girl once when I was much younger
It took me years and scars all over me to finally say no to her. I said yes to being
on a board of directors once because of greed and money, the best
failed and law suit. Finally ended after years. They said yes to buying a house twice. I lost everything on those I say yes to. Five thousand coffee is to just a meeting
reed, four thousand nine and fifty of them. I wish I had stayed home and red men Rhin, as ideas to up
closer to writing a book. I didn't want to write us flatter to be asked, so I did it that books old three hundred com.
isn T a year are my life? Yes, steals years of your life, you never get them back. No ads years,
This moment I have to utter forty. Eight thousand four hundred and thirty three unready emails
As far as I know, emails, I don't read the newspaper at all. Vote at all ran to adjust airborne b and I'll pay any bills, and serbian B is my only bill and I'll spend time with toxic people. I don't have health insurance too complicated to figure out. I don't go to weddings.
I don't really speak at many conferences over the years. I said yes to buying many things: books, art games, collectibles sheets, furniture on it on I wasted
This is, I finally said no to all the things I cleaned out, but all my children out inherited bad. Yes, I have no real
that's because everything I said yes to turn out to be alive,
about no no
Are you whittled down and scope yourself into a work of art, the asses value
up and burn out to one hit published on this post. Yes, what's your five twenty five
you just listen to the both titled using the five twenty five rule, to learn to say now by James Altvater of James Altitude. Our come a real, quick thanks to anchor for hosting this podcast anger is the easiest way to make a pie. Cast they'll distribute your podcast for you, so it can be heard everywhere: Spotify Apple, podcast, Google, podcast and many more. You can easily make money from your broadcast to with no minimum listener. Ship anchor gives you everything you need in one place for free, which it can use right from your phone or computer creation tools lighter record and edit your podcast, so it sounds great download the anchor up or go to anchor dot fm to get started. Digging. James remind me a little bit of one of the very early episodes of this show episode.
forty four, where read from Derek severs my like that one too, although I sound a bit different back, then now gives us into short for the middle. The weak. Thank you for being here, subscribing to the show, please do subscribe for free if you haven't already you'll get new episodes automatically have have agree rest of your day and I'll see you tomorrow, where optimal life awaits
Transcript generated on 2020-10-22.