PONDER on THIS for Wednesday, October 16th, 2013 by James Altucher in CHOOSE YOURSELF

“Honesty is the only way to make money in today’s world. Nobody believes me on this. People laugh at me. “Don’t you know anything? Of course dishonest people step on the honest people and have more success.” People want to justify their own failures and use their pretend-goodness to explain why they didn’t start Google, or steal $65 billion, or get that last promotion when the backstabbing b—h from aisle 3 got the raise after doing who knows what. But here’s the truth. Dishonesty works…until it doesn’t. Everyone messes up. And when you are dishonest, you are given only one chance and then it’s over. You’re out of the game – at least until you get your act straight and you have to start from scratch with your tail between your legs.

HONESTY COMPOUNDS. It compounds exponentially. No matter what happens in your bank account, in your career, in your promotions, in your start-ups. Honesty compounds exponentially, not over days or weeks, but years and decades. More people trust your word and spread the news that you are a person to be sought out, sought after, given opportunity, given help, or given money. This is what will build your empire. I know this through countless failures. The more times I fail but communicate about it, the more times I make no money at all but let someone have ideas for free, the more times I try to “get mine” but only end up getting stabbed by those who think it’s OK to be dishonest, the greater the number of seeds I’ve planted and the more money I’ll make in the long run.

Be dishonest once, and all of those seeds will be washed away in a thunderstorm of life-killing proportions. A hurricane of despair that will sweep away all of your opportunities forever. You are left with a desert and will have to start again.”

                           James Altucher, in “Choose Yourself”
       
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