The Difference Between Making Millions and Failure Is To Pivot

The Difference Between Making Millions and Failure Is To Pivot

I had to stop trying to get ahead.

There are 8 million people in New York City. And 7 billion in the world. That’s 875 New York Cities.

You can’t get ahead. Information is compounding. Technology is growing exponentially. Nothing is predictable—except maybe your expectations. But not your success.

I used to complain. Now I pivot.

“There is no try,” Yoda says. Luke Skywalker didn’t believe he could use the force. Trying is just a form of doubt. “Do or do not,” he said.

When I was 23, I tried figuring out how long it would take me to make a million dollars. I  had just bought a computer. It was the first thing I bought with my “hard-earned money.”

Fast forward 25 years and I’ve thrown all my stuff away. And I’ve stopped trying to get ahead.

I want an F in effort. And an A in not giving a shit.

I’m writing because I’m writing. Not because I’m trying to write.

People make this mistake all the time. If you say, “James, what can I do to help you?” you’re doing two things right and one thing horribly wrong. Right: you’re good-intentioned (maybe) and you’re not hurting anyone (again, maybe). But here’s where you’re wrong… And I’ve done this before too. I’ve tried to be a good boss, a good employee, a good investor, but for all the wrong reasons.

There’s only one good reason: you want to provide value. If you don’t want to add value, you’re not helping. You’re hurting.

Growing up, when my family argued, I’d ask, “Can I say something?” “Will it help?” my father would say. I didn’t answer.

Offering ideas is not valuable. You have to give the “how.” Say what you’re going to do and list the steps. That’s where your idea list comes in.

I’ve started and ran more than 20 businesses. And I can tell you one thing for sure: when I did it for money, I failed 100% of the time.

Here’s the test. Before you do anything, ask yourself this one question: “Do I want to add value?”

“That’s how I got Mark Cuban to come on my podcast,” I said.

Jenny Blake started a podcast. She came on my show to ask what works. And what doesn’t. It would be brilliant strategy… except it’s not a strategy. It’s genuine. And that’s why it works.

She asked to interview me and provide value to you. Jenny’s an ex-Googler. I wrote a blurb for her book, “Pivot: The Only Move That Matters Is Your Next One.” So did Cal Newport, Seth Godin and a few people I owe return emails to.

I wrote, “To pivot well is the difference between millions and failure. Former Googler and entrepreneur Jenny Blake (one of my favourite human beings) dissects the pivot, how to do it, and how to do it right.”

I can’t tell you the right way to pivot. I’ll leave that to Jenny. I went on her podcast as a guest host. And she came on mine to dissect my brain, reorganise it, and give you all the milk.

Listen now to learn how I make money, keep it and grow it.

[This post by James Altucher first appeared on LinkedIn and has been reproduced with permission.]

Note: The views and opinions expressed are solely those of the author and does not necessarily reflect the views held by Inc42, its creators or employees. Inc42 is not responsible for the accuracy of any of the information supplied by guest bloggers.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

The Difference Between Making Millions and Failure Is To Pivot-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

The Difference Between Making Millions and Failure Is To Pivot-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

The Difference Between Making Millions and Failure Is To Pivot-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

The Difference Between Making Millions and Failure Is To Pivot-Inc42 Media
The Difference Between Making Millions and Failure Is To Pivot-Inc42 Media
You’re in Good company