Why Being Grateful Is Not Enough – 3 Things I Learned From James Altucher

Really, who doesn’t like James Altucher?

We talk about him all the time here at the studio – quoting him, referring to his Success Secrets, laughing at the crazy, inventive ways he mocks himself in his newsletters.

I’m always hearing from London Real fans how much they loved him, and each person has their own takeaway from James’ interview. I thought I would give you three of the big takeaways I got from interviewing this business genius and brilliant writer:

  1. We live in an ideas economy, not a knowledge economy.
  2. There are no straight trajectories in life – always be prepared to reinvent yourself.
  3. Just being grateful is not enough – be grateful for the HARD stuff.

1. Ideas Economy

We’re so used to hearing that the modern economy is knowledge-based, but as James said in our interview, even knowledge can be outsourced. The only thing that can mark you out and guarantee your market value, is the quality of your ideas.

You might remember James’ trick of writing 10 ideas every morning, about anything from chess moves to how Amazon can improve their service.

For James, the key is keeping your ideas muscle strong, like a daily workout.

Something else James said about ideas stuck with me: “Execution is a sub-section of ideas.”

This goes against conventional wisdom, because we usually think action is the most important thing. But without an idea governing how you act, you’re just wasting energy.

The idea determines how effective you will be when executing, so get your strategy right, set goals and focus your actions accordingly.

2. Life’s not a straight trajectory

Like I said James is an expert at shaming himself and turning that shame into ideas that help others.

This is how he writes, and there’s always some new horrible story about how he messed up in his past!  But James also has a talent for starting over, never giving up and reinventing himself.

He’s been a tech guy, an investor, a venture capitalist and now he’s a writer.

Reinventing yourself means seizing opportunities, rolling with the changes and being able to turn negatives into positives.

James is a badass at all these things, and it’s that’s why he’s managed to come back from so many failures.

3. Be grateful for the hard stuff.

Like James said, it’s easy to be grateful for the people you love, for the sun shining, and lucky things that happen to you.

But maintaining a gratitude mindset is about weakening the hold negativity has on our lives, so that we’re not governed by, as James says, regret or anxiety. You can’t do this by just finding nice things to think about. You have to see the value is tough times, the challenges, the dark days.

This is what James calls “difficult gratitude problems” and finding three of these a day reprograms you to stay strong when life throws those curve balls.Okay, so these are just three of the MANY things I took away from my hilarious and enlightening chat with James Altucher.

In the comments below, let me know what’s a difficult gratitude problem you are facing right now, and how have you managed to be reframe it and be thankful for the challenge?

3 Things I Learned From Mimi Ikonn

Mimi Ikonn is tough. She embodies the self-made entrepreneur. But she’s also warm, fun and and very open and giving.

This is why I love her, and why she’s already a fan-favourite with the London Real tribe.

She’s proof it’s possible to ‘make-it’ without losing your sensitivity and compassion.

Luxy Hair, the company she built with husband Alex Ikonn, is a multi-million dollar a year company.

Her YouTube channel has over 2.7million subscribers and her videos have been watched over a quarter of a billion times around the world.So yeah, the stats speak for themselves.

The story of Mimi’s rise to success, however, is not just a story about building a business.

It’s a story of how she, with her husband Alex, mastered the mindset of a successful person.

One of Alex and Mimi’s most recent products to blow up is the 5 Minute Journal, which is a quick-fire way people can re-programme their minds for positivity and action.

It’s this wisdom and self-mastery that fascinates me the most, and Mimi just has so much to teach the rest of us.

When she came to talk to us she explained how she cultivated a success-mentality WAY before she and Alex had made their millions.

In a sense, Mimi ‘made-it’ years before Luxy Hair was even an idea.

When the concept came, Mimi and Alex were ready to grab the moment.

There’s so much I learned from my chat with Mimi but here are three things I want to focus on:

  1. Think like an immigrant
  2. Deliver value first and forget everything else.
  3. Love yourself. It’s the only way you can give.

Lesson 1. Think like an immigrant

You guys know how much I love and appreciate the immigrant mentality.

Partly because I am American, but also because I am an immigrant myself.

Immigrants have a resourcefulness, because they’re hungry.

Like Mimi says in the interview, they don’t wait around for people to give them the answer, they just do it.

That’s essential if you want to create a life on your own terms.

Be resourceful, answer your own questions. Experiment. Above all take action.

Lesson 2. Deliver value

It’s easy to get caught up in whether you are doing things the right way or the wrong way.

But that’s a bad road, because you are too concerned with doing it the way it’s always been done!

If you want to make a mark, to be known as something different in the marketplace, you have to forget the way things have always been done.

All you need to worry about is your customer or client – what are they getting out of it?

How can you improve their experience?

Once you answer these questions, anything goes.

Like Mimi says, comparing yourself to others is bad news, just make sure you deliver value.

Lesson 3. Love yourself

Okay so you’ve heard this tip a thousand times, and usually it’s designed to just make you feel better. But Mimi doesn’t mean it that way.

Check out what she says about doing Vipassana Meditation – an intensive ten day course where it’s just you and the monkey mind.

Mimi talked a lot about having to confront her emotions, and how every day she wanted to quit.

I think this is what she meant about loving yourself.

You actually have to get uncomfortable like Mimi did, sweat it out and come face to face with who you really are, even the bits you don’t like.

Only then can you love yourself. And like Mimi says, if you can’t love yourself you can’t give to others, so you have a duty to get okay with who you really are.

As always, with every guest, I could have written a book (and who knows maybe I will!) on the things I learned from Mimi Ikonn.Hit me up with some feedback by leaving a comment below.

Let me know the three things YOU learned from Mimi, whether it’s the same things, or you got something different.

I really want to hear how you were impacted by this very special London Real guest!

3 Things I Learned From MMA MVP Michael VENOM Page

Michael VENOM Page is exactly the kind of guest we like on London Real — vicious in a fight and a gentleman in conversation.

He’s also a man who has built his own success in his OWN way. Michael is one hundred per cent an individual, and doesn’t settle for the way things have always been done.

You can see this from his Success Secrets, and from the way he talks about how he became the fighter he is today. You can also see it in his businesses. He’s not just a fighter, he’s an entrepreneur.

Michael takes action, and that’s what we are about at London Real Academy, as you know!

I thought I would let you in on some of the main takeaways I got from the interview with Michael:

  1. The importance of doing things your own way. Don’t copy the way it’s always been done.
  2. Whether it’s praise or booing it’s the same energy. You are in control of how you react
  3. Be patient. In everything you do.

Your OWN style 

It’s important in life no matter what you do, to make your mark. To own the craft you’ve dedicated yourself to. Michael VENOM Page’s style is so individual that it’s controversial.

Fans resist it all the time, they think MMA should be done a particular way, but as Michael said in the episode, he was always going to do it his way.

In a lot of ways it’s putting into practice what Daniel Priestley says about entrepreneurs. You have to make it your own, forget everyone else, and focus on what you do best.

The real game changers are the ones who have the courage to do that, and eventually people start to follow you. If you want to change the culture you have to stick to what makes you you, and forget everyone else.

Haters gonna hate!

Praise and accolades, or hatred and booing, it’s all the same. Michael is not just a fighter he’s a performer. And a good one. One thing that makes a good performer is being able to respond to a crowd, to be able to adapt yourself to the moment.

Michael got into MMA in the first place for the exposure, and there’s power in having an audience there. If you have enough command of yourself, if you have mastered your art, you can use whatever energy is coming your way, and turn it around to your advantage.

This is actually a fundamental truth about martial arts, and definitely key to Jiu Jitsu. But Michael proved to me that it works in any situation.

So if you you are having to deal with haters, or people who are loving your every move, it’s smart to treat them both the same, and use the energy for your own agenda. This is as true in the office as much as in the ring.

Have Patience!

Be patient in everything that you do. I couldn’t believe it when Michael told me, but when he was young, travelling around to weekly kickboxing shows in small towns across the UK, he became used to LOSING.

He was so accustomed to being the guy that loses and watching his brother win fights, that it kind of became normal. But as he said in the interview, he is so grateful he had the patience to keep going.

Success doesn’t happen overnight. If you want it bad, whether it’s financial independence, playing a musical instrument, or becoming a billionaire, you might have to go through long years of being BAD at what you do. Just remember to fail PATIENTLY.Truthfully, I could have written pages and pages of what I learned from Michael, and to see him go and win a fight so decisively just after our episode came out drives it home just how important it is to listen to this guy!

But let me know what YOU think. What did you learn from watching the episode with Michael Page?