The Power of Goodwill and Lessons from Rejection

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Episode 1680:

James Altucher recounts the story of “Pat,” an unshakably gracious billionaire whose quiet superpower is simple but rare: saying thank you. By consistently checking in, expressing gratitude, and maintaining relationships, even after major losses, Pat illustrates how emotional intelligence and goodwill can compound into lasting success.

Read along with the original article(s) here: https://jaltucher.medium.com/i-m-going-to-tell-you-about-the-most-successful-person-i-know-4e4df4fb4fa6

Quotes to ponder:

"Even if my best friends write me sometimes, I don’t return the emails. I don’t know why. I’ve actually lost friends over this and still do."

"A tiny thank you is like putting a little bit of money in a savings account and watching it grow through compound interest."

"Pat says 'thank you' probably ten to twenty times a day to people as he builds his goodwill account."

Episode references:

1-800-Flowers (Jim McCann): https://www.1800flowers.com

Department of Defense contracts: https://www.defense.gov/Resources/Contract-Resources

Trade Like Warren Buffett: https://www.amazon.com/Trade-Like-Warren-Buffett-Altucher/dp/0471655848

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