Why You Must Invest in Yourself.
You’ve probably gathered that we are fans of visionary author and entrepreneur extraordinaire, James Altucher. I look forward to his emails and enjoy his podcast and books. If you signed up to keep up with Boomers Reinvented via our website, then you will have also received the free eBook version of The Choose Yourself Stories, which James generously gifted for us to share with you when you sign up for Boomers Reinvented updates.
In the Choose Yourself Guide to Wealth, by James Altucher, (which James is giving away for free!!), he says:
“Ideas are the Currency of the Twenty-First Century”
One of my favorite well-known quotes from Alice in Wonderland by Lewis Carroll is: “‘Why, sometimes I’ve believed as many as six impossible things before breakfast!”
Too many people wait for inspiration. Don’t wait.
The root definition of inspiration is inhalation, and inhalation connects with learning… a taking in of vital energy. We learn, connect with ideas in the pause, then exhale into life via activity and implementation.
I’ve found that ideas and creativity are the outbreath of learning and growth.
Bringing them to life is the challenge, and yet even that gets easier with practice, as James can attest from the experience of succeeding, failing and succeeding at his numerous varied endeavors.
James says, “This is not a self-help book. It’s just exactly what I did for myself.”
“I know it worked for me. I had ideas first, wealth second. It only worked in that order.” James Altucher
We’ve written a review on his other book: Choose Yourself, Be Happy, Make Millions, Live the Dream which USA Today named among the 12 Best Business Books of All Time. More recently we’ve enjoyed—and benefit from—The Choose Yourself Guide to Wealth by James Altucher. If you’re at all interested in the concept of investing in yourself, being your own boss and taking your life to the next level of creativity and prosperity, this book should really set you on the right track.
You will likely also really enjoy his video or article titled Death of the Employee. It sounds ominous but it’s very relevant for so many job holders in the world today, and it includes a heightened note of hope and possibility, which is what we’re all about here at Boomers Reinvented. Perhaps you will find it as relevant and optimistic as we do.
Why You Want to Choose Yourself
Hi, James Altucher here.
Over the past few years, I’ve talked a lot about how America is changing.
I see it every day.
I’m invested in about 30 private companies. And I’m on the boards of several others, including a billion-dollar firm in the employment sector.
In short, salaries are plummeting in America today.
They are going down versus inflation, versus healthcare costs, versus housing costs, versus food… versus just about everything.
The median real salary today, adjusted for inflation, is almost 10% lower than it was in 2007.
It’s lower than it was in the year 2000. And average hourly wages are lower than they were 40 years ago, according to recent U.S. News & World Report article.
A salary will not keep your family afloat anymore. Even two salaries won’t keep most families afloat. The idea of retirement–for tens of millions of Americans–doesn’t even exist anymore.
As Mort Zuckerman, publisher of the New York Daily News, recently wrote:
Declining Wages are Killing the American Dream.
Every week, new data appears, confirming this trend…
- Roughly 75% of Americans are still living paycheck to paycheck, with essentially zero savings. (According to a recent study by Bankrate.)
- JP Morgan Chase has just predicted that economic growth in America over the next few years will be a paltry 1.25%.
Here’s the thing: I’ve read that the average multi-millionaire has at least seven different sources of income.
The definition of “economy” is scarcity. I don’t like to write a lot about finance anymore. Everyone is scared. Everyone wants a better situation.
I want to actively help people achieve the sort of security I think they deserve in this age of innovation.
Today, I don’t want to focus on the Death of the Salaried Employee in America. This is not a new story.
Instead, I want to tell you what you can do about it.
I have a great and new solution.
You see, I have just embarked on what I believe could be the most useful project of my life.
If you want a job that pays you way more than the average employee, you will love this.
If you want to make more money without a job, please pay attention.
If you want to start a business or a new career, this is going to be great for you.
If you want a better retirement… or help figuring out exactly what to do with your life… I think you’re going to really benefit from what I’ve done.