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The Best Way to Accelerate Your Success According to James Altucher

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James Altucher

I recently interviewed author and serial entrepreneur James Altucher and asked him a simple question:  What is the best way to accelerate success in any endeavor? To which James gave me a golden nugget. Or maybe 3 golden nuggets. He gave me what he calls the plus (+), equals (=), and minus (-) process and it blew me away. So simple yet so profound.

The +: Find People who are far ahead of you in your field of endeavor and learn from them

There are 4 kinds of people who fall under this category: Real Mentors, Virtual Mentors, Coaches and stars. We need all of them in order to be able to accelerate our progress.

Real Mentors are people who you personally know, and they help you out in giving you guidance and feedback. Mentors are usually emotionally vested in your success and can be called upon to guide you when you need that help.  

Virtual Mentors are usually people you do not personally know but they still have a huge impact on your lives. They can be historic figures, great current figures, titans of industry or anyone you look up to but do not have any contact with. You can read their books, watch their videos and just absorb any knowledge they put out there.

Coaches are people who have an obligation to guide you in your journey. It could either be that they have been hired by you or your organization to help you move forward. In sports, coaching is a well established phenomenon. In fact, every team and every great sports figure has one or multiple coaches.

Stars are people who are crushing it in your field of endeavor. They are operating at a much higher level than you are. Your job is to find them and associate with them. What you will find is that when you start spending time with them, you will automatically start stepping up your game. When you see that someone else is able to do something, suddenly that becomes possible for you and you are able to break through that barrier.

This is something I also learned from Tony Robbins at one of his live seminars. He kept on saying that he had given us a lot of strategies to accelerate success, but there was one strategy that stood above all else. He called it “compressing decades into days.”  He said in order to compress decades into days, we must find people who are much better than us in that field of endeavor and learn from them.

“Without a mentor in life, one can easily succumb to folly. Without a mentor in life, one can easily become self-centered, capricious and arrogant.”

The =: Find equals in your current field of endeavor and work/grow with them

In order to grow fast, you must find peers who are at similar level to you in the field of endeavor and find ways to:

  • Associate with them
  • Spend time with them
  • Exchange ideas with them
  • Ask for their help
  • Help them
  • Compete with them

The reason this works so well is because your peers are going through similar challenges as you are. What you are struggling with, someone else might have figured out. What someone else is struggling with, you might have figured out.

Napoleon Hill talked about the power of mastermind in one of the greatest personal development books ever written called “Think and Grow Rich.” He defined it as “Coordination of knowledge and effort in a spirit of harmony, between two or more people, for the attainment of a definite purpose.” He goes on to say that masterminds have been the basis of nearly every great fortune.

One of the best things you can do for yourself is to start a mastermind group with your peers. If you are starting a business, go find people who are at a similar level to you and start a mastermind group with them. A mastermind group can be something as simple as a weekly meeting with 3 of your peers where each of you talk about the progress you made and the challenges you encountered.

The –: Find someone you can teach and help them

You might have often heard the saying that one of the best ways to learn something is to teach it. When you read something or listen to it or watch it you only absorb less than 50% of it. However, when you start teaching those ideas, your learning goes to a whole new level. That is because, in order to teach something you have to be able to break those ideas down, simplify them, and organize them into coherent structures.

In order to be able to teach, you need to have clarity in your own head about the ideas. Teaching requires a complete understanding of the concept. You can’t just “wing it.” Your student’s questions will force you to think deeper.

Teaching has a multitude of benefits which go beyond learning. Helping others can be incredibly gratifying and can make us feel much more fulfilled in our journey of life. Go find your protege.

“Our prime purpose in this life is to help others. And if you can’t help them, at least don’t hurt them.” – Dalai Lama

So, if there is any area of life where you feel that your progress is slower than what you want in to be, examine your +/=/- and make changes accordingly.

How are you making sure you achieve your goals? Comment below and let us know!

My name is Mani Vaya and I am the founder of 2000 Books where we publish summaries of business and self-help books for entrepreneurs. We also have a podcast where we interview today’s top business & self-help authors. We also have a youtube channel where we publish book summaries in video format. Before starting 2000 Books, I spent 13 years in High-tech industry rising from the ranks of a software engineer to managing Billion $+ cellphone project launches at a Fortune 500 company. Please find my company online at www.2000books.com . You can also find me on youtube at https://www.youtube.com/c/2000books.

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Success Advice

15 Essential Habits to a Stronger, Healthier, and Happier You

The journey towards transformation is not about perfection but about progress

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building positive habits

What habits can truly transform your life? That’s what you’re here to uncover. In our no-nonsense guide, we’ll introduce you to 15 habits to change your life, each with the power to improve your day-to-day existence.  (more…)

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Success Advice

19 Common Characteristics All Visionary Leaders Have

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visionary leadership qualities

When you look at business leaders like Bill Gates, Sam Walton, Sir Richard Branson, and philosophers like Bertrand Russell, Martin Heidegger, Ludwig Wittgenstein, David Bohm,  C. S. Peirce and inventors like Nikola Tesla, Paolo Soleri, Harvey W. Bailey, Thomas Edison, Alexander Graham Bell and Wright brothers and political leaders like Mahatma Gandhi, Martin Luther King, Jr. and Aung San Suu Kyi, it becomes very clear that they are all connected through one leadership—visionary leadership. (more…)

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Success Advice

Wealth Lessons Everyone Should Hear for Every Stage of Your Life

Do you have the courage to rewrite your story?

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what i would tell my younger self

Do you see what I see? Likely not, as we each see ourselves through the lens of our own story. (more…)

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Success Advice

How to Choose the Best Affiliate Programs for Your Blog

If you follow these steps, you can create an affiliate marketing plan that makes money, fits well with your content, and connects with your readers

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how to choose the best affiliate programs for your blog

Picking the right affiliate programs for your blog is really important. It can make a big difference in how much money you can make and how much your readers get out of your blog. With so many choices out there, deciding which ones to go with can be tricky. 

This guide is here to make it easier for you. It will give you clear steps and helpful tips to choose affiliate programs that fit well with what your blog is about, what your readers like, and what you stand for. 

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Understanding Affiliate Marketing

Before you start picking affiliate programs, it’s important to really understand what affiliate marketing is and how it works. 

Basically, affiliate marketing is when you promote a product or service on your blog, and then you get paid a little bit every time someone buys something or does something because you recommended it. 

It’s great for both the person selling the product and the blogger, because the seller gets more sales with low risk, and the blogger can make money from their blog.

How to Choose the Right Affiliate Programs for Your Blog

1. Assess Your Niche and Audience

The key to doing well in affiliate marketing starts with really knowing what your blog is about and who reads it. Consider the following:

  • Your blog’s content: What topics do you cover? Ensure the products or services you promote are relevant.
  • Your audience’s interests and needs: What solutions are they seeking? Choose affiliate programs that offer products or services that solve their problems or enhance their lives.

2. Research Potential Affiliate Programs

Once you know what your blog is about and what your readers want, start looking for affiliate programs. Choose ones that are well-known for good products, great customer service, and helpful support for affiliates. Resources to find these programs include:

  • Affiliate networks like ShareASale, Commission Junction, and ClickBank.
  • Direct searches for “[Your Niche] affiliate programs” in search engines.
  • Recommendations from other bloggers in your niche.

3. Evaluate the Commission Structure

The commission structure is a critical factor to consider. Look for programs that offer competitive rates that make your efforts worthwhile. Consider:

  • The percentage of commission per sale.
  • Whether the program offers a flat rate per action (e.g., per sign-up).
  • The cookie duration, which affects how long after a click you can earn commissions on sales.

4. Consider the Program’s Reputation and Sureness

Join affiliate programs with a solid reputation for quality and sureness. This not only ensures that you’re promoting good products but also that you’ll be paid on time. You can:

  • Read reviews from other affiliates.
  • Check the program’s history and background.
  • Look for any complaints or issues reported online.

5. Analyze the Support and Resources Offered

A good affiliate program gives you things like ads to use, training on their products, and helpful managers. Having access to these resources can really help you do a better job at promoting their products.

6. Understand the Terms and Conditions

Before signing up, thoroughly review the program’s terms and conditions. Pay close attention to:

  • Payment thresholds and methods.
  • Any restrictions on how you can promote their products.
  • The program’s policy on affiliate marketing on social media platforms.

7. Test the Product or Service

If possible, test the product or service before promoting it. This firsthand experience allows you to offer genuine charge and build trust with your audience.

8. Look for Recurring Commission Opportunities

Some affiliate programs pay you again and again for subscriptions or services that charge fees regularly. These can provide a more stable income compared to one-time sales commissions.

Implementing Your Choice

After choosing the best affiliate programs, the next step is to smoothly include your affiliate marketing in your content plan. This includes:

  • Creating valuable content that naturally incorporates affiliate links.
  • Disclosing your affiliate affairs transparently to maintain trust with your audience.
  • Tracking your results to understand what works best for your audience and adjusting your strategy accordingly.

Picking the best affiliate programs for your blog involves careful planning, research, and making sure they match what your audience likes and needs. 

If you follow these steps, you can create an affiliate marketing plan that makes money, fits well with your content, and connects with your readers. 

The real key to doing well with affiliate marketing isn’t just about the products you talk about, but also how much your audience trusts and values your advice. 

With enough time, patience, and hard work, your blog can grow into a successful space that earns a good amount of affiliate money and helps your readers choose the right products.

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