10 Life-Changing Lessons I Learned From James Altucher
“Don’t pay your credit card debt.”
James Altucher is one of my heroes. He might be yours too. To save you years of browsing and reading around, here’s a recap of the main lessons I’ve learned from him over the years.
#1. The 1% Rule
This is something James calls his ‘daily practice’.
If you improve at anything 1% per day, by the end of the year you’ll become better at it by 37 times.
1.0¹³⁶⁵ = 37.7834343329.
In Choose Yourself! and The Choose Yourself Guide To Wealth James advises us to take care of our health: spiritual, mental, physical and emotional and improve at each of its aspects 1% per day.
You take care of your spiritual health by being grateful. You take care of your mental health by learning something new each day. Physical — exercise. Emotional — being around people you love, and who love you back.
If you stick to anything for a year, you’ll become better than 99% of people in the world at it.
Whether it’s writing, blogging, building a business or exercising. Stick to it, and improve 1% daily. Let the compounding effect do the rest.