Newsletter Subject

The 7 Habits of Highly Effective Mediocre People

From

threefounderspublishing.com

Email Address

AltucherConfidential@email.threefounderspublishing.com

Sent On

Mon, Jun 21, 2021 08:46 PM

Email Preheader Text

My feeling, based on my own experience, is that aiming for grandiosity is the fastest route to failu

My feeling, based on my own experience, is that aiming for grandiosity is the fastest route to failure. June 21, 2021 [UNSUBSCRIBE]( | [WEBSITE](Put_Website_Link_Here) [Altucher Confidential] [Warning] Do you enjoy receiving Altucher Confidential? Please [Click Here Now]( so we know to continue sending you Altucher Confidential for free! “My feeling, based on my own experience, is that aiming for grandiosity is the fastest route to failure...” [Email Masthead] The 7 Habits of Highly Effective Mediocre People By James Altucher External Advertisement [Alex Green Reveals Details on His #1 Microcap]( It's now growing faster than Apple, Google, Amazon and Netflix... COMBINED. Yet it trades for $4 a share. [Click here to get more details on the next tech superstar.]( I'm pretty mediocre. I'm ashamed to admit it. I'm not even being sarcastic or self-deprecating. I've never done anything that stands out as, "Whoa! This guy made it into outer space!” Or… “This guy has a bestselling novel!” Or… “If only Google had thought of this!" I've had some successes and some failures (well documented here) but never reached any of the goals I had initially set. Always slipped off along the way, off the yellow brick road, into the wilderness. I've started a bunch of companies. Sold some. Failed at most. I've invested in a bunch of startups. Sold some. Failed at some, and the jury is still sequestered on a few others. I've written some books, most of which I no longer like (except the ones you get when you sign up for my newsletter). I can tell you overall, though, everything I have done has been distinguished by its mediocrity, its lack of a grand vision, and any success I've had can be just as much put in the luck basket as the effort basket. That said, all people should be so lucky. We can't all be grand visionaries. We can't all be Picassos. We want to make our business, make our art, sell it, make some money, raise a family, and try to be happy. My feeling, based on my own experience, is that aiming for grandiosity is the fastest route to failure. For every Mark Zuckerberg there are 1,000 Jack Zuckermans. Who is Jack Zuckerman? I have no idea. That's my point. If you are Jack Zuckerman and are reading this, I apologize. You aimed for the stars and missed. Your reentry into the atmosphere involved a broken heat shield and you burned to a crisp by the time you hit the ocean. Now we have no idea who you are. If you want to get rich, sell your company, have time for your hobbies, raise a halfway decent family (with mediocre children, etc.), and enjoy the sunset with your wife on occasion, here are some of my highly effective recommendations. Procrastination In between the time I wrote the last sentence and the time I wrote this one I played (and lost) a game of chess. My king and my queen got forked by a knight. But hey, that happens. Fork me once, shame on me. Etc. Procrastination is your body telling you you need to back off a bit and think more about what you are doing. When you procrastinate as an entrepreneur, it could mean that you need a bit more time to think about what you are pitching to a client. It could also mean you are doing work that is not your forte and that you are better off delegating. I find that many entrepreneurs are trying to do everything when it would be cheaper and more time-efficient to delegate, even if there are monetary costs associated with that. In my first business, it was like a lightbulb went off in my head the first time I delegated a programming job to someone other than me. At that time, I went out on a date. Which was infinitely better than sweating all night on some stupid programming bug (thank you, Chet, for solving that issue). Try to figure out why you are procrastinating. Maybe you need to brainstorm more to improve an idea. Maybe the idea is no good as it is. Maybe you need to delegate. Maybe you need to learn more. Maybe you don't enjoy what you are doing. Maybe you don't like the client whose project you were just working on. Maybe you need to take a break. There's only so many seconds in a row you can think about something before you need to take time off and rejuvenate the creative muscles. This is not for everyone. Great people can storm right through. Steve Jobs never needed to take a break. But I do. Procrastination could also be a strong sign that you are a perfectionist. That you are filled with shame issues. This will block you from building and selling your business. Examine your procrastination from every side. It's your body trying to tell you something. Listen to it. [See also: [5 Great Things About Procrastination]( Zero-tasking There's a common myth that great people can multitask efficiently. This might be true but I can't do it. I have statistical proof. I have a serious addiction. If you ever talk on the phone with me there's almost a 100% chance I am simultaneously playing chess online. The phone rings and one hand reaches for the phone and the other hand reaches for the computer to initiate a one-minute game. Chess rankings are based on a statistically generated rating system. So I can easily compare how well I do when I'm on the phone compared with when I'm not on the phone. There is a three standard deviation difference. Imagine if I were talking on the phone and driving. Or responding to emails. It's the same thing I'm assuming: phone calls cause a three standard deviation subtraction in intelligence. And that's the basic multitasking we all do at some point or other. So great people can multitask but since, by definition, most of us are not great (99% of us are not in the top 1%), it’s much better to single-task. Just do one thing at a time. When you wash your hands, hear the sound of the water, feel the water on your hands, scrub every part. Be clean. Focus on what you are doing. Often, the successful mediocre entrepreneur should strive for excellence in ZERO-tasking. Do nothing. We always feel like we have to be "doing something" or we (or, I should say "I") feel ashamed. Sometimes it's better to just be quiet, to not think of anything at all. Out of silence comes the greatest creativity. Not when we are rushing and panicking. [See also: [Multi-tasking Will Kill You]( No more banks. No more accountants. No more Wall Street? [binary ones and toes]( new type of Internet could change everything in the coming years… But your chance to profit from it could start in the coming days! [Click here for more details.]( Failure As far as I can tell, Larry Page has never failed. He went straight from graduate school to billions. Ditto for Mark Zuckerberg, Bill Gates, and a few others. But again, by definition, most of us are pretty mediocre. We can strive for greatness but we will never hit it. So it means we will often fail. Not ALWAYS fail. But often. [My last 16 out of 17 business attempts]( were failures. I made so many mistakes in my first successful business I'm almost embarrassed to recount them. I remember one time I was trying to pitch Tupac's mom that I should do the website for her dead son. I had a "CD" (what's that?) of all my work. I went to Tupac's manager's office and he said, "OK, show me what you got." The only problem was: I had never used a Windows-based machine. Only Macs and Unix machines. So I honestly had no idea how to put my CD into the computer and then view its contents. And I had gone to graduate school in computer science. He said, "You have got to be kidding me." It was a $90,000 gig. It would've met my payroll for at least two months. It was a done deal until I walked into his office. I left his office crying while he was laughing. When I came back to my office everyone asked, "How did the meeting go?" I said, "I think it went pretty well." And then I went home and cried some more. I roll that way. Then I bought a Windows-based PC for myself and learned how to use it. I don't think I ever bought a Mac again actually. It's possible to learn from successes. But it's much easier to learn from failures. Ultimately, life is a sentence of failures, punctuated only by the briefest of successes. So the mediocre entrepreneur learns two things from failure: First he learns directly how to overcome that particular failure. He's highly motivated to not repeat the same mistakes. Second, he learns how to deal with the psychology of failure. Mediocre entrepreneurs fail A LOT. So they get this incredible skill of getting really good at dealing with failure. This translates to monetary success. The mediocre entrepreneur understands that persistence is not the self-help cliche of, "Keep going until you hit the finish line!" The key slogan is, "Keep failing until you accidentally no longer fail." That's persistence. Not original I've never come up with an original idea in my life. My first successful business was making web software, strategies, and websites for Fortune 500 companies. Not an original idea but at the time, in the ’90s, people were paying exorbitant multiples for such businesses. My successful investments all involved situations where I made sure the CEOs and other investors were smarter than me. I wrote a TechCrunch article on this titled ["My Angel Investor Checklist."]( 100% of my zeros as an angel investor were situations where I thought I was smart. I wasn't. I'm mediocre. The best ideas are when you take two older ideas that have nothing to do with each other, make them have sex with each other, and then build a business around the bastard, ugly child that results. The child that was so ugly nobody else wanted to touch it. Look at Facebook: combine the internet with stalking. Amazing! And, by the way, it was about the fifth attempt at such a social network. Twitter: Combine internet with antiquated SMS protocols. Ugly! But it works. EBay: Combine ecommerce with auctions. The song "I'll Be There": Combine Mariah Carey with Michael Jackson. If Justin Bieber sang John Lennon's "Imagine" it would be a huge hit. I might even listen to it. Poor networking I'm that guy. You know, the one at the party who doesn't talk to anyone and stands in the corner. I never go to tech meetups. I usually say no to very nice networking dinner invitations. I like to stay home and read. When I was running businesses I was often too shy to talk to my employees. I would call my secretary from downstairs and ask if the hallway was clear, then ask her to unlock my door and I'd hurry upstairs and lock the door behind me. That particular company [failed disastrously.]( But many people network too much. Entrepreneurship is hard enough. It's 20 hours a day of managing employees, customers, meetings, and product development. And the buck stops here sort of thing. And then what are you going to do? Network all night? Save that for the great entrepreneurs. Or the ones who are about to fail. The mediocre entrepreneur works his 20 hours, then relaxes when he can. It's tough to make money. Not a party. Do anything to get a yes Here's a negotiation I did. I was starting stockpickr.com and meeting with the CEO of thestreet.com. He wanted his company to have a percentage of stockpickr.com and in exchange he would fill up all of our ad inventory. I was excited to do the deal. I said, "OK, I was thinking you would get 10% of the company." He laughed and said, "No. 50%." He didn't even say "We would like 50%." He just said, "50%." I then used all my negotiating skills and came up with a reply. "OK. Deal." I'm a salesman. I like people to say yes to me. I feel insecure when they say no, or, even worse, if they don't like me. When I started a company doing websites, we were pitching to do Miramax.com. I said, "$50,000." They said, "No more than $1,000 and that's a stretch." I used my usual technique: "Deal!" But the end results: In one case, thestreet.com had a significant stake so that gave them more of a psychological stake. And for my first business, Miramax.com was now on my client list. So Con Edison had to pay a lot more. I'm a mediocre salesman and probably a [poor negotiator]( although I try to learn from the best. But consequently, I get more deals done, I get the occasional loss leader, and then ultimately the big fish gets reeled in if I get enough people to say yes. It's like asking every girl on the street to have sex with you. Maybe one out of 100 will say yes. In my case it might be one out of a million but you get the idea. Poor judge of people The mediocre entrepreneur doesn't "Blink" in the Malcolm Gladwell sense. In Gladwell's book he often talks about people who can form snap correct judgements in two or three seconds. My initial judgement when I meet or even see people is this: I hate you. And then I veer from that to too trusting. Finally, after I bounce back and forth, and through much trial and error, I end up somewhere in the middle. I also tend to drop people I can't trust very quickly. I think the great entrepreneur can make snap judgements and be very successful with it. But that doesn't work for most people. At this point, when I meet someone, I make sure I specifically don't trust my first instincts. I get to know people more. I get to understand what their motivations are. I try to sympathize with whatever their position is. I listen to them. I try not to argue or gossip about them before I know anything. I spend a lot more time getting to know the people who I want to bring closer. I have to do this because I'm mediocre and I'm a lot more at risk of bringing the wrong people into my circle. So by the time I've decided to be close to someone — a client, an employee, an acquirer, an acquiree, a wife, etc. — I've put a lot of work into thinking about them. This means I can't waste time thinking about other things, like how to put a rocketship on Jupiter. But overall it's worked. "I thought being mediocre is supposed to be bad?" one might think. Shouldn't we strive for greatness? And the answer is: Of course we should! But let's not forget that 9 out of 10 drivers think they are “above the median in driving skill." People overestimate themselves. Don't let overestimation get in the way of becoming fabulously rich, or at least successful enough that you can have your freedom, feed your family, and enjoy other things in life. Being mediocre doesn't mean you won't change the world. It means being honest with yourself and the people around you. And being honest at every level is really the most effective habit of all if you want to have massive success. [See also: [The 100 Rules for Being an Entrepreneur](. And PLEASE [follow me on Twitter at @jaltucher]( Sincerely, [James Altucher] James Altucher America’s Death Spiral Begins July 14th? [flag ripped]( you’re like most folks, you’re probably wondering how we got here... America’s institutions are rotten to the core. Common sense and human decency are relics of the past. And Americans at each other’s throats. Well, it wasn’t by accident. The prophetic analyst who predicted the subprime mortgage meltdown… the financial crisis of 2008… and Brexit… Says a grand experiment has been conducted on the American people without our consent. And the horrifying endgame is set to arrive on July 14th, 2021… Will you be ready? [Click here for the full details.]( Subsribe To My Podcast [The James Altucher Show]( [The James Altucher Website](Put_Website_Link_Here) [Subscribe Via Text]( [Subscribe With YouTube]( [Subscribe On Messenger]( [Subscribe With iTunes]( [Connected on LinkedIn]( Add AltucherConfidential@email.threefounderspublishing.com to your address book: [Whitelist Us]( Join the conversation! Follow me on social media: [Facebook Group]( [Facebook]( [Twitter]( [Pinterest]( [Instagram]( [Three founders Publishing]( To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here](. If you are having trouble receiving your Altucher Confidential subscription, you can ensure its arrival in your mailbox by [whitelisting Altucher Confidential](. Altucher Confidential is committed to protecting and respecting your privacy. Please read [our Privacy Statement.]( For any further comments or concerns please email us at AltucherConfidential@threefounderspublishing.com. Nothing in this e-mail should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. © 2021 Three Founders Publishing, LLC., 808 Saint Paul Street, Baltimore MD 21202. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Three Founders Publishing, LLC. EMAIL REFERENCE ID: 430ALCED01

EDM Keywords (358)

zeros yes wrote written writers would world working worked work wilderness wife whole whoa whatever went well websites website way water wash wanted want walked view veer used use us unlock understand ultimately two twitter tupac trying try trust true translates trades tough touch titled time thought thinking think things thing tell talking talk take sympathize sweating supposed sunset successful successes success strive stretch street started stars stands spend specifically sound sort song somewhere something someone solving smarter smart situations since sign shy shame sex set sentence selling secretary say sarcastic salesman said rushing row rotten roll rocketship risk reviewing results responding respecting repeat relics relaxes rejuvenate reentry recount really reading readers read quiet quickly put psychology protecting prospectus profit procrastination procrastinate problem probably printed predicted possible position point podcast played pitching picassos phone persistence perfectionist percentage people payroll pay past party part overcome overall others original ones one often office ocean occasion nothing night newsletter network negotiation need multitask motivations mom missed million might middle met meeting meet mediocrity mediocre median means mean maybe manager make mailing mailbox made macs mac lucky lot lost look lock listen like life licensed letter let left learns learned learn laughing laughed lack know knight king kill kidding jury jupiter investors invested internet intelligence institutions initiate improve imagine idea honestly honest hit hey head hate happy hallway guy greatness grandiosity got gossip google good gone going goals gladwell get gave game free forth forte forget following folks find filled figure far family failures failure failed fail experience excited exchange excellence everything even error entrepreneur ensure enjoy end employees employee emails driving downstairs door done distinguished details delegating delegated definition deemed decided dealing deal day date crisp cried course corner contents consulting consequently consent conducted computer company communication committed comments close client click clear circle child chet chess cheaper change chance ceos ceo cd case came businesses burned bunch building build bringing briefest break brainstorm bought books book block blink bit better best based banks back auctions ask ashamed arrive arrival argue apologize anything anyone answer americans america along almost aiming aimed admit address actually acquirer acquiree accountants accidentally accident 50 2008 100

Marketing emails from threefounderspublishing.com

View More
Sent On

27/07/2021

Sent On

27/07/2021

Sent On

27/07/2021

Sent On

27/07/2021

Sent On

26/07/2021

Sent On

26/07/2021

Email Content Statistics

Subscribe Now

Subject Line Length

Data shows that subject lines with 6 to 10 words generated 21 percent higher open rate.

Subscribe Now

Average in this category

Subscribe Now

Number of Words

The more words in the content, the more time the user will need to spend reading. Get straight to the point with catchy short phrases and interesting photos and graphics.

Subscribe Now

Average in this category

Subscribe Now

Number of Images

More images or large images might cause the email to load slower. Aim for a balance of words and images.

Subscribe Now

Average in this category

Subscribe Now

Time to Read

Longer reading time requires more attention and patience from users. Aim for short phrases and catchy keywords.

Subscribe Now

Average in this category

Subscribe Now

Predicted open rate

Subscribe Now

Spam Score

Spam score is determined by a large number of checks performed on the content of the email. For the best delivery results, it is advised to lower your spam score as much as possible.

Subscribe Now

Flesch reading score

Flesch reading score measures how complex a text is. The lower the score, the more difficult the text is to read. The Flesch readability score uses the average length of your sentences (measured by the number of words) and the average number of syllables per word in an equation to calculate the reading ease. Text with a very high Flesch reading ease score (about 100) is straightforward and easy to read, with short sentences and no words of more than two syllables. Usually, a reading ease score of 60-70 is considered acceptable/normal for web copy.

Subscribe Now

Technologies

What powers this email? Every email we receive is parsed to determine the sending ESP and any additional email technologies used.

Subscribe Now

Email Size (not include images)

Font Used

No. Font Name
Subscribe Now

Copyright © 2019–2021 SimilarMail.