James Altucher Quotes

There's nothing wrong with a business that supports you and perhaps an extended family. But if you want to build a scalable startup, you need to be asking how you can you get enough customers/users/payers to build a business that can grow revenues past several $100M/year.

Every new startup business creates new opportunities. It doesn't matter whether you have a new app for college students or a home medical device for senior citizens; there are other multibillion noncompetitive corporations that are spending millions of dollars trying to market their goods and services to your same audience.

The power of Facebook is not only in the vast size of the connected audience, but also in the quality of the social ties and interactions that occur within the network. The Facebook social graph fuels our mantra 'Try it for free', 'Share it if you like it', 'Buy it if you love it.'

I'm really inspired to build a billion-dollar company. The hardest part is building the vehicle to get you there.

If you can build a business up big enough, it's respectable.

About 10 million people start a business each year, and about one out of two will make it. The average entrepreneur is often on his or her third startup.

The reason I was able to grow my business was that every day, after producing 30 minutes of wine television, I spent 15 hours a day replying to every single person's e-mail and every single person's Twitter @ reply.

I am interested in communicating with the world by selling to many people.

Everybody starts with creating or acquiring certain property in order to create the material to work with. When we started our business, we thought first of all about development, how to grow, and we managed to do this, even with all the difficulties and all the difficult rules that were implemented in Russia at that time.

A brand can have huge hype but still only be a tiny business.

It's definitely an interesting question: 'Do you need more funding to start a luxury business?' That's something I want to think about a little bit more.

Start-ups should be hunch-driven early on and data-driven as they scale.

My view is that, just as in many businesses, brands really matter. There will always be a role for destination sites. Eighty million users come to our destination. I think that will be the vast majority of our future business.

All of the development I do is with the help of business advisors who are more like my best friends than just business people. They helped me as I created Ipsy back in 2011, which is a beauty community that ships out sampling bags to subscribers.

I didn't want to take anybody else's money. I wanted to do something small that could be profitable from the beginning, and grow that way - and never need someone to write me a check to keep the business going.

It is the duty of the Government to spare no opportunity of opening fresh outlets for the energy of British commerce and enterprise.

Look at MIT—the smartest people in the world. They start up 50 companies a year. Only 1 makes it.

'Instagram' is definitely becoming a new entertainment source for people day after day.

Companies like Pinterest and Twitter did not become sensations because of Google search but because of the many ways users find out about great sites.

I do believe that Instagram has put a stake in the ground and we're growing more quickly than anyone. Is there something in there we could do to make it a multi-billion dollar business? I think we can figure out something along the way.

Everybody I meet who uses 'WhatsApp', I ask them a question: 'How did you hear about it?' And they say, 'My friends, my sister or my brother, somebody I know hounded me to install WhatsApp.' We think there is more power to the network when it grows organically.

There are a lot more companies with a lot younger people. It is just like 23-year-olds are starting companies, and they are scaling really quickly.

If you're doing business, not that simple to only buy. You have to create something. You have to create something that never exist for the future.

We've got to start making people realise that it's a proud thing to run a business, to export your goods around the country.

The most important thing you need to make one of those incubator/accelerator type projects work is to have some people who understand how to do it and want to do it in a particular place.