A Note from James:Today, we have a fascinating story of resilience, transformation, and triumph. Imagine being the second-best player in the world in your field, only to see your ranking plummet over the years. Hikaru Nakamura experienced just that in the world of chess. Once the number two player globally, he saw his ranking drop below the top 20. But Hikaru didn't let this define him. During the pandemic, he started streaming chess online, building a massive audience and diversifying his interests. And remarkably, he climbed back to number two in the world. How did he do it? What changes in mindset and strategy led to this incredible comeback? We'll cover all this and more in our discussion today. This conversation is not just for chess enthusiasts but for anyone looking to succeed and find balance in life. So, here is Hikaru Nakamura."Episode Description:In this episode of The James Altucher Show, James talks with Hikaru Nakamura about his extraordinary journey in the world of chess. Hikaru shares the ups and downs of his career, detailing how he went from being the second-best chess player in the world to falling out of the top 20. During the COVID-19 pandemic, Hikaru pivoted to streaming chess online, which not only revitalized his career but also brought him back to the top echelons of the chess world. This episode delves into the mindset shifts, strategies, and the role of diversification in achieving success and maintaining mental well-being. Hikaru's story is a testament to resilience and adaptability, offering insights that are valuable for anyone aiming to excel in their field.What You’ll Learn:The psychological challenges of being a top-ranked chess player and how to overcome them.How diversifying interests and income streams can alleviate career pressures.The impact of streaming and online presence on professional success.The importance of maintaining a balanced mindset in competitive environments.Strategies for turning setbacks into comebacks in any career.Chapters:00:00 The Rise and Fall of Hikaru Nakamura01:10 Hikaru's Streaming Journey Begins01:51 Return to Competitive Chess02:24 The Psychology of Chess05:23 The Impact of Computers on Chess10:57 Hikaru's Career Challenges24:14 The Turning Point: Streaming and the Pandemic35:57 Transitioning to Live Streaming36:17 Changing Perceptions of Chess Players37:21 Cultural Significance of Chess38:02 Making Chess More Accessible38:48 Strategic Decisions in Content Creation41:37 Engaging the Audience44:10 Pandemic and the Rise of Chess Streaming47:17 Building a Streaming Business55:26 Diversifying Income and Investments01:06:49 Maintaining Chess Skills01:10:45 Unexpected Opening Strategy01:11:13 The Power of Unpredictability01:11:47 Evolving Chess Study Methods01:13:20 Memory and Age in Chess01:14:22 Generational Gaps in Chess01:16:07 Impact of the Chess Boom01:18:02 Emotional Moments in Chess01:22:45 Future Aspirations Beyond Chess01:24:02 Dealing with Online Trolls01:26:01 Breaking Chess Rules with Computers01:29:55 Challenges of Modern Chess01:39:39 Final Thoughts and ReflectionsAdditional Resources:Hikaru Nakamura’s Twitch ChannelHikaru Nakamura’s YouTube ChannelThe Lex Fridman Podcast with Hikaru Nakamura“The Queen’s Gambit” on NetflixInternational Chess Federation (FIDE)This episode is a must-listen for anyone interested in understanding how to navigate the ups and downs of a professional career, leveraging new opportunities, and achieving personal growth. Tune in to hear Hikaru’s inspiring story and gain insights that could transform your approach to success. ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn