The Rich Employee
P) The 5 × 5 RULE
James Altucher • The Rich Employee
Mentally strong people are always solving other people’s problems. The problems of the individual get solved as a byproduct of solving the problems of the many.
James Altucher • The Rich Employee
A great example is Scott Young, who decided he was going to get a 4-year education at MIT for just $2000. Normally a 4 year education at MIT would set you back about $300,000 in student loans at a 7% interest rate that even a bankruptcy can’t get rid of. First they educate you, then they garnish your wages for the rest of your life and, god forbid
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A powerful example of what a determined mind can achieve, as well as a cautionary tale against the indentured servitude that student loans subject people to. I expect, however, that the window Scott hit, may not be a permanent one.What about the idea of a powerful world class mentor program for self education? Someone who challenges you and checks in, but at a much lower cost than a college. Can you virtualization self learning? Is this what Khan academy is trying to get to?
When you write and work from the heart, from your own personal vision that is your safety net.
James Altucher • The Rich Employee
introverts have a very powerful skill. They can listen. It doesn’t take a lot to ask a person to lunch. You send an email. And then you listen. Soon, you will have listened to everyone. And they are all happy to talk to you. You will know their problems. You will know how you can help them, and you will. That’s how you become indispensable.
James Altucher • The Rich Employee
This is not religious but math. The brain takes up 2% of the body’s mass and burns up 25% of the body’s calories each day. One in four calories you eat goes to fuel your brain. When you lie, one side of your brain has to deal with one set of lies. And the other side of the brain has to deal with the other set of lies. So to be at optimal mental
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People who really lied I not spend this much time in anguish maintaining the lie.
L) EXPERIENCES ARE MORE VALUABLE THAN GOODS
James Altucher • The Rich Employee
and demand. And you’re just an item for sale at the great bazaar. Every year you need to find out what your value is on the market. For one thing, the best way to get an increase in salary and status is to move horizontally, not vertically.
James Altucher • The Rich Employee
Every cell in our body changes every seven years. What are the cells made out of? The food you eat. I’ve seen this happen with my own eyes. I watched someone who only eats good foods and never eat junk. Over the past 7 years she has developed a glow.