Must Watch: $0 to $10 Million in Under a Year

If you're not reading The Altucher Confidential, you should be. James is a great writer, his stuff is highly entertaining, and he's one of us (though he might take exception to that). If you're not sure, go read How I Screwed Yasser Arafat Out of $2mm (and Lost $100mm in the Process). You'll be sold.

Anyhow, this recent interview with Andrew Warner of Mixergy is a Must Watch. James tells the story of how he pulled the idea for Stockpickr pretty much out of his ass and then sold the company for $10 million less than a year later. He broke all the "rules" of entrepreneurship (no business plan, gave up huge equity, etc...) but walked away $5 million richer in a year. Plus, he's so animated that you can't help but like the guy. Enjoy:

Wistia
9 Comments
 

Eddie you love James, in the most no homo of ways

The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee WSO is not your personal search function.
 

James is great. When I complained on stockpickr that his Buffett book was too expensive (~60), he sent me a free copy. Stockpickr really didn't have much earnings potential, but good on James for dropping it when it was hot.

 

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