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Ep 235: Should I Quit My Job to Open a Yoga Studio?

Ep 235: Should I Quit My Job to Open a Yoga Studio?

FromAsk Altucher


Ep 235: Should I Quit My Job to Open a Yoga Studio?

FromAsk Altucher

ratings:
Length:
11 minutes
Released:
Mar 24, 2015
Format:
Podcast episode

Description

Today's question comes from a listener who wants to know, "Should I quit my job and open a yoga studio?"
James says, "If you're leaving your job, don't start a yoga studio."
The goal to choosing yourself is to make money while you sleep.
The problem with quitting your job and opening a yoga studio is you always have to be there to make any money.
The best case is it's a lifestyle business. You're doing this because you love it and just have to do it, but test your idea first.
Try adding in clothing, food, and equipment.
Make it a destination.
We'd love to hear about your "Choose Yourself" stories. Send us your stories here: askjamesaltucher@gmail.com
Regards,
David
 
P.S. Hi, James here...
My new book is finally out! It has taken me a year to put together all the skills I think are needed to create abundance in this new economy. I hope you write me with feedback and questions.
Here's what the initial reviews on this book have said:
"James Altucher did it again. I just finished and have to say it was a great read. Great insight into the future of wealth."
"I couldn't wait for this book to come out. It was well worth the wait! Very short and jam-packed with good ideas and advice for the budding entrepreneur. A must read!"
"This is the road map out. Very specific ideas to get you unstuck and to thrive in the 21st century. If you follow the ideas in this book you will receive 1000% or more in return on your investment."
I'm really grateful for the response I've received so quickly. I feel we are quickly building a strong community of people who are deciding to "choose themselves."
 
If you want to get it exclusively in hardcover, plus several other special reports and a subscription to my brand-new newsletter, which is essentially the equivalent of two additional chapters every month, claim your copy here.
Released:
Mar 24, 2015
Format:
Podcast episode

Titles in the series (100)

Hi I'm James Altucher host of The James Altucher Show. I've been a successful entrepreneur, investor, board member, and the writer of 11 books including the recent WSJ Bestseller, "Choose Yourself!" (foreword by Dick Costolo, CEO of Twitter). I've started and sold several companies for eight figure exits, sit on the board of a billion revenue company, I've written for The Financial Times, The New York Observer, and over a dozen popular websites for the past 15 years. I've run several hedge funds, venture capital funds, and I'm a successful angel investor in technology, energy, and biotech. I've also lost all my money, made it back, lost it, made it back several times and openly discusses how I did it. That's why I've decided to do another podcast. AskAltucher is my brand new Daily Podcast. Ask me anything, business, investing, self-help, entrepreneurship, publishing, fitness, money, relationships, startups, breakups and so much more.