• EL 001: The Myth of Success, and Embracing Failure – with James Altucher

    After months of planning and interviewing, *drum roll*, Enchanting Lawyer proudly unveils its PODCAST series, starting with James Altucher to kick off a star-studded roster.

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    Play Podcast

    In this interview you’ll learn:

    • 01.20 – Why James refuses to define himself
    • 03.15 – Why failing is more important than winning
    • 07.25 – The importance of trust
    • 08.28 – What is success
    • 14.35 – Why James offered money back to unsatisfied readers of his latest book
    • 15.53 – James’s advice for new small business owners
    • 20.20 – Using social media to find new people to trust
    • 24.00 – What James wants the world to know about him

    Given the complexity of Altucher’s background and experiences, I could go on for days about who he is and what he does: an author to 11 bestselling books; an entrepreneur who has failed a gazillion times but always managed to come back stronger. You will see once you start listening to the podcast. Read more about the thought-provoking, successful, inspiring, and humble James Altucher at JamesAltucher.com.


    James Altucher is convinced that success is all in the mind. And after listening to today’s interview, you might find that you actually agree with him. Sign up today to get updates on our upcoming podcasts. It only gets better.

    “We’re taught at an early age that we’re not good enough. That someone else has to choose us in order for us to be…what? Blessed? Rich? Certified? Legitimized? Educated? Partnership material?”
    ― James Altucher, Choose Yourself

    The Myth of Success, and Embracing Failure – with James Altucher from jacob sapochnick on Vimeo.

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    • Jacob- Great interview. I agree that we all can learn much more from unexpected or undesired results (aka failures) than victories. Definitely applies to litigation and trial. Having said that, all else being equal, I do think people will seek out and hire people and businesses they presume do not have problems or issues associated with them. I think people seek out and want to be associated with successful people and companies. Again, this concept necessarily involves people being real and transparent. But at the same time and WITH ALL ELSE BEING EQUAL (ability, experience…) sharing failures on line can detrimentally interfere with keeping current clients or acquiring new clients. In fact, this morning I just shared my thoughts about this here http://mitchjackson.com/transparency/. A slippery slope for sure. Again, enjoyed the podcast!

      PS- Trust can be established from being honest and reliable. Issues or even potential issues that might interfere with being reliable may very well harm the trust aspect of any on or offline trust issues.

      • Jacob Sapochnick

        Thanks for the great comment Mitch as always. I think the ability to talk about failure requires a lot of courage and strong character. Most of us, including myself, are attracted to successful people. But sharing the failure after you have achieved success can be very powerful as well. It can help share the state of mind that allowed you to get out of that low moment, and later achieve success. James is very successful, but his struggles over the years draw many people to him, and make him a likable and approachable person. I hope that many lawyers can relate to that.

        • Agree 100%. I do continue to believe that one must be careful where and how he or she shares personal issues and challenges. It’s a two-edged sword that can easily slice both ways 🙂

    • I agree with both Mitch and Jacob in that what they both say has more truth than false in their statements and yet what they are saying seem to conflict. But I agree more with Mitch on this one than I do with Jacob for the following reason. In my experience people in general are biased more toward a negative assessment than toward a positive one because their negative assessment makes them less vulnerable to being diminished as a consequence of some unknown future event outcome. Allowing that their negative assessment can be changed to a positive one based on additional information acquired at some unknown future time. The catch comes into play in that the additional information rarely ever enters into the picture. The reason for that is that we are all buried up to our eyeballs in stuff. So we have to prioritize the issues that we are going to resolve to a positive or negative assessment. Those assessments that are not likely to evolve into something that can have a positive outcome in our immediate future get triaged. But the initial negative assessment remains until something occurs to change it which rarely ever happens. It is a naïve mistake in most cases to assume the best of most people; i.e., we are all afraid of what we do not know for sure.
      The subject of this blog post, James, must have an exceptionally high social IQ, and be a skillful language artist to do what he does and achieve a positive outcome for himself from doing it. The percent distribution of people like James in our society is very low. The rest of us can not do what James does and achieve a positive result for ourselves by doing it.

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