15 Minutes
Cover of Choose Yourself

Personal Development · 13 min

Choose Yourself

James Altucher · 2013

Who it's for

For anyone who feels that the traditional path of going to school, getting a job, and waiting for retirement no longer offers any guarantees. It is also for those who want to stop waiting for permission to try something on their own.

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3 ideas to take with you

1

According to the book, body, emotions, mind, and spirit form a single unit: if one part collapses, the rest of your routine suffers along with it.

2

Nobody pays for your effort; they pay for the problem you solve for someone else.

3

Starting over can be treated as a skill you train, rather than a talent reserved for special people.

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Waiting to be chosen means handing someone else the key to your own door.
An idea from Choose Yourself, in the words of 15 Minutes

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The old path lost its guarantee

For decades, the formula seemed simple: go to school, land a steady job, buy your own home, and retire safely. Altucher opens the book by saying that this three-legged stool has broken. Companies are downsizing teams, college is expensive and does not always guarantee a job, and a house is no longer the foolproof nest egg everyone imagined.

Think of a forty-something worker who has been on the payroll for fifteen years, and suddenly watches their industry shrink and their paycheck freeze. They did everything right and still feel trapped. To the author, that discomfort is the symptom of an economy that changed the rules without warning anyone.

His conclusion is practical: if nobody guarantees your future anymore, the responsibility becomes yours, and that is terrifying and liberating at the same time. It is not pessimism, it is reading the room, and the situation calls for action.

The gatekeepers lost the key

In the old world, to publish a book you had to convince a publisher; to record an album, a record label; to speak on TV, a network. Those figures decided who got through, and the author calls each of them a gatekeeper, the doorman who opens or closes the door.

The internet knocked down most of those doors. Today, someone in a small town in the Midwest can record a podcast, sell a course, or publish an article without asking anyone for permission. The audience decides, and the cost of trying has dropped dramatically.

That is where the book's title comes from: choosing yourself means stopping the wait to be chosen. It does not guarantee success, but it removes the excuse that nobody gave you a shot. Today, your shot is largely something you manufacture through repeated attempts.

The author's own fall

Altucher does not write from on high. He shares that he made money with internet companies in the nineties, sold a business for a large sum, and thought he was invincible. Then the dot-com bubble burst, and a good portion of his fortune evaporated.

According to the book, there was also divorce, debt, failed ventures, and a phase in which he lived in rough conditions and thought about giving up on everything. The turning point was not one big idea, but a shift toward small habits repeated every single day.

This account serves as emotional credibility: he wants to show that rock bottom is not the end, and that starting over with little money and a lot of shame is possible. Still, it is worth remembering that this is his version of the story, told years later, with the neatness and vanity that every memory carries.

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About James Altucher

James Altucher is an American entrepreneur, investor, and writer. He worked in tech and finance, founded internet companies in the nineties, and suffered heavy losses after the dot-com bubble burst. He hosts the podcast The James Altucher Show and has written several personal development books, including The Power of No and Reinvent Yourself.

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