Hi Ali just a comment you always talk about trading 212 which is why I have started looking into it but it is interest based income which you being a Muslim know we are not allowed just wonder have you thought about this aspect at all and I will be so glad if you can tell me any trading platform which is interest free
I think you are using any online translator for your TH-cam scripts in hindi. It's really annoying to listen to such unnatural sentences. I highly recommend you to hire some translator to translate your scripts for you. It will really improve user experience. By the way your content are really awesome.
The nice thing about asking friends and family to pay for your service or product is, normally friends and family expect you to do things for them for free. If it is something that they are willing to actually pay you, then strangers would definitely be willing to pay.
that's how my wife and i started our english learning studio, we didnt have time for family and life, which is totally normal to live in most oriental countries, so we decide to quit our job first when keep trying different things until we found a little succuss. and voila! tripled our income in 2 year!
@@mkleng we first tried e-commerce, like a lot of guru claimed that you threw shxt to the wall then i would stick, but we couldnt make sustainable income for 6 months so we decided to do something that we had done before - teaching. long story short, you can pick a service that you can provide to people, because this is literally the easiest thing for most of us, you use your time to trade money. you can tell me what you do and what you good at so we can brainstorm for you together. right now we are also trying youtube and tiktok after developed our learning studio
Just a week ago I thought I could never come up with a business idea, and yesterday I did. I magically became an entrepreneur without even knowing it, and having no idea how I could launch a business. Thanks Ali for teaching us about the business world, by making the knowledge more accesible. Now I definitely feel less lost and more confident than 15 minutes ago
@@Baebae1947 as for the channel, I just grab my phone and say my mind while I walk after dinner and upload on the road. As you can see, no editing, no camera, no animation, no call to sub or do anything, no advertising. I have 4 brothers and 4 sisters and nobody knows I even have a channel. I am not saying i would be a millionaire if I was to put an effort into it, but my skills can yields better returns when used somewhere else. So between my software job, the interpreting gig and my family, I only have that 10 minutes for YT while I walk. But I am ok bro. Don't worry about my channel. In actual facts I have more subs than Elon Musk, Bill Gates and pope Francis combined, if that's the yardstick for success 😆 🤣
@animista9824 I thought/think it means that there is a traveling salon which can drive around town and go to office buildings. People can come downstairs to get their hair cut, instead of driving across town to the salon. Like how a food truck is equipped to cook food and serve it right there, so you don't walk to a restaurant, you can just go downstairs.
@@kuldeepthegreat Working in the industry for 7 years, although self-employed, effectively working for someone else. I worked out that over those 7 years I paid them in commission and car rent in the region of £105,000. That was motivation enough to start up, and I wish I had done it sooner. It comes with its challenges that you don’t get working for someone else but you just have to roll with the punches. In answer to your question it depends on your chosen business but just start, don’t put it off and don’t worry about perfection from the offset, just begin!
I've been putting off talking with people about my idea for fear that no one will buy my service, but I'm realizing that is foolish. Instead I keep lamenting on the lost revenue I am not making each week instead of focusing on what I need to do. Thanks for being that voice to push me forward!
this is what i just wrote above - this is a terrible idea. Your customers might not be the people you know, they could be all around the world. Relying on people around you to ask them if they will buy before plunging into the world of business is a bad model to follow. If everyone had to do this then we wouldn't have a lot of successful entrepreneurs. Do customer, market, product, and competitor research and analysis then once that gives you a thumbs up, proceed in small doses then use your own already customers to ask them directly how to improve (many successful business people did this and are still doing so, including steve jobs,etc.). Why do you think people run surveys, tests, etc? The people you know might not always be useful. Imagine a software developer trying to build an app to automate daily processes on excel then ask his mechanic neighbour if he would be interested to integrate that into his business, the answer might be no due to cost and simply whatever process right now is working - people aren't always interested to change. With your approach, this would be the end. A business minded person, will know this is not how you get real insights. Sometimes it is, but most of the time - no. Even the silliest idea that no body around you find useful might be lucrative
I have booked this week off work to get mine started. I have had a slow start but finally picked my name, I am just working on my brand and will start my website tomorrow. I have been sitting on this for many many years - 10+ years! Bold action for me this week.
Rachel mate I think you missed the point of this video. Forget the website, forget the name. Go call three friends and ask them if they want your services!
@@bruce0750ha! Good luck with that. Friends paying you for some vague idea you have. Ever heard of Ponzi? If friend start to give you money for nothing, you probably have got stupid friends.... or maybe generous friends😂. Most people starting business will have to use their own damn money to show something. Then if they are lucky to have rich family they could use that. These book theories do not work in real life. And actually how many friends do you personally have that could sell you an idea with no poc,no prototype etc and you start giving them your money? Be honest
Good work, but like others have said, contact a few potential customers to find out if it has legs. Before I started my marketing consultancy I was working with a few local businesses before a website.
@@unicornopia book quality is a separate discussion. But if the big reason you’re hearing about it now is due to marketing (and not say, a year after the books been out), well, I’ll leave you to decide how you want to trust the messaging and intention from influential people such as them.
@@payne8506 the purpose is clear as day and I'm just dropping my thoughts :D like every other commenter. food for thought - are you here to determine whether I am here to determine the purpose of the video?
I just finished reading this book. I really like how approachable the book is, Noah is super approachable and he makes it feel very doable. Highly recommended book!
And when you makeup your mind to start a business, and you ask your higher self or God “what’s the next step for this business? What should it be about that’s for the highest good of all and profitable at the same time? And thank you for all the inspiration and guidance regarding this endeavor.”, you will receive inspired thoughts and ideas to take inspired action. Jut pay attention and take action when inspiration comes, but also doing your own part in research and getting the supporting information.
The 'Now, Not How' mindset really resonates with me. It's easy to get stuck overthinking the details. Your summary of Noah's approach makes starting a business feel more doable. Appreciate the clarity
Your channel serves as a guiding light in the quest for productivity and fulfilment. Thank you for equipping us with evidence-based strategies that truly make a difference!
Always start a Buisness. I personally have no skill at all, I am a art major in college. I started selling on Amazon about 2 years ago, and now im making 15-20k net profit per month. I cant even keep up with all my notifications and emails coming through that items have been sold. I can finally make money while im sleeping. Freedom is priceless. If I can do it, SO CAN YOU!
Brilliant video. Thank you for the shared information and books. As someone starting a business, I would like to mention the book 'The Hidden Truths Of Wealth'. In the book, the story goes really deeper into the secrets of money and making it, so I recommend the book. Congratulations for the video.
Super valuable advice about validating your idea first by talking to people. I think many people are afraid of their idea being a failure from the start. And yet they do waste time implementing this first, before eventually failing
I got this book yesterday just waiting to finish another book before I get to it but the customer first approach for proof checking the problem you're trying to solve is brilliant. Thanks Ali!
youtube is such a syndicate. my heart sinks. keep shilling each other's stuff.. keep making money and keep telling people that success is just little bit ahead. i like how noah made all the rounds of the big podcasters with his book which basically can be dialled down into: find an idea, get someone to pay for it. the thing is if noah wasnt born in silicon valley and had become friends with tim ferriss, he would never have made it this big. that is the secret which people dont talk about.
1000% true. Generational wealth and nepotism affords most successful entrepreneurs the time to hustle and access to the right minds and capital to move things forward.
Ok but what’s your solution here ? Should we sit on our hands and do nothing ? I see these videos as short term inspiration and not a blue print for success. Something to spark that little flame to help take a step in the right direction to better myself. I don’t see anything wrong with that. And it sure beats watching baby reindeer on NF.
Too true. Kind of reminds me of the gaming industry. The advertising clients we work with are constantly up against negative press from failing to deliver and those are generally the ones we avoid working with entirely. Build a castle on sand, watch it crumble. You can sell anyone a dream if you're good at sales or networking. If you put the practice in for how to try and deliver that after the fact.... you're gonna have a bad time. The reality is a blend of both is needed realistically and that's why building a business is tough because not many can do those things in tandem.
@@pakman2816 the solution here is better education which teaches how to actually build a business. his book is filled with faff. and breaking monopolistic companies so that capitalism can thrive.
I heard a word that describes me a lot: plancrastination. And it's worse with me because I have a degree in project management, which means I both know better and know better how to delay getting started.
Any thoughts on how to apply these concepts to product based businesses? Particularly those that are not inventing something new. Nearly all examples were service based or intentions
If people are already buying your product or a similar one, then your idea might be already validated, but the question becomes how do you get them to buy from you? What's your USP?
To be fair I am german and i appreciate the option for german voice tracking but i personally prefer hearing alis voice since, for me, his voice is a central reason why I like these videos so much and this is still lost in the autotranslation.
I only have one comment to this great video: Not all businesses solve problems. Some give services/products that people didn't even knew they need - the wants not needs Like Apple products, like social networks or luxury clothes
I haven't been able to finish listening to the audiobook, It is an autobiography full of cheesy motivational phrases and with very vague examples, honestly I am surprised by the bad recommendation from you, the audiobook that I am enjoying widely is yours because it is more concrete and focused on reality 10/10
I woke up with a big spot on my face today and I thought I won't do a video, it's embarrassing and I'l get lots of nasty comments. Anyway, I've just finished recording and I thought, 'who cares? It's the content that matters. Ali just gets on with it.' Thanks Ali. 😊
This is a fantastic breakdown of Million Dollar Weekend and the actionable steps it provides for aspiring entrepreneurs. BTW, for anyone unsure where to begin with their business ideas, starting with problems you're passionate about solving is a great way forward. This video is packed with strategies to help you take that first leap. Thanks for sharing such insightful content!
Holy moly this is a wake up call for me. All these years, I have been doing "founder approach" without success. I am a software engineer and I could spend months building an app that I thought would generate me money in the long run without validating the idea first. It sounded cool in my mind though :D
Thank you for a wonderful explanation on how to build a business. I gotta show this to my kids when they are old enough and hopefully by that time, my business is already profitable and successful ✨
Great Video Ali! - Can the comments section validate this business Idea? - Who would pay for a Habit Tracking App that Gamifies your life like an RPG & gives you xp in certain skills - Think RuneScape but you set your own skills
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
fascinating! I am new to this whole thing. I've heard that now is a wonderful time to buy, and basically, I have some cash hanging around in the bank that I would really like to spend, especially since inflation is at an all-time high. Who is this coach that helps you, and may I check them up?
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
I'm thinking to put some cash in stocks, I was at Salt Shack and i overheard some friends saying its ripe enough, but Is this a good time to buy stocks? I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
Off course, but Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
This video was misleading. The title should have been. "Keep in mind when thinking about starting your business" Nowhere in the video does he go step by step on what he did to make the business in 48 hours. My reason for disliking was the misleading title, Affiliate Marketing for the book, a large chunk is about the sponsorship = Easy money, good for him.
People are so tied up on yhe idea that it has to be perfect or fully formed before telling anyone or launching that they never get launched. Its about the model, not the packaging. Something is always better than nothing. Get it in the hands of your customers from the beginning, never wait.
Steve Jobs was never bothered whether the customers were going to pay (or it’s too expensive for them), he wasn’t actually thinking if there are customers at all (mature enough for his ideas). However, we’re not Steve Jobs so I get your point.
Hi Ali, It is amazing that I heard about this book and read it almost one year ago and I started my youtube channel few months ago. i am feeling good about what I am doing now. good luck
As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economists have been sounding off on just how bad they think the next downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
I just want to preface this with, I'm not a serial entrepreneur nor author of some book. But something with the phrasing around this video made me fall into disagreement. While a customer first product mindset is absolutely valid and maybe should be applied more often - I think its misleading or even wrong to recommend that you should sell something before you build it. In reality your customers are then not paying for a product, but for your idea - its why we have so many kickstarter scandals with products that never gets to reality. Its of course important to validate your approach and product, and its great if you can get people to commit and show their genuine interest, but not at the cost of paying customers that don't yet have your product in hand.
Also not a serial entrepreneur, but I've backed a few Kickstarters that turned into vaporwear, I get where you're coming from. The examples given -- dog sitting, meal prep don't require significant intellectual property or development time up front. These are "fast things you can create or offer to fix what bugs you and see if it bugs other people, too." If it does take a lot of time to build something, it's even more important to get feedback and understand what people are willing to spend money on. I think part of asking people in our network to be our first sales is because 1) if they're not interested, we know them well enough to ask them about what they really want (aka the dog walker vs dog sitter idea), and 2) they know us and likely trust us not to take their money and run, plus 3) we now have societal pressure to perform because it's awkward being at a dinner party with a neighbor who bought your $20 app and you never delivered.
I am 17 and wanted to have a potential idea for starting a business in the future. Thanks for the warning 🙏😂 . Now I can ask people about their problems and make a business out of it.
quick question, if let's say you realized that the local businesses around you need better websites for their services, how do you get "payed first" when in this industry, you need to develp skills to make those websites and it usually takes quite a lot of time. Maybe an altenative would be to just talk to as many people, businesses as you can and see if they really need that service and if you do, thats when you go pour your heart out learning how to deliver the said service
Ali, thank you so much for your content. I found and subscribed to you recently on TH-cam and cannot stop watching your videos! I have some business ideas, but I had found business approach and have never gotten started. After this video it will change. Thank you so much ❤
“The tyranny of how” - So true and I love hearing the little hints of TR’s influence in your content. I like “Now not how” too and will download Noah’s book now. Thanks for all you do Ali! Keep the great videos coming!
I started a buisness in luxury watches last December, my main issue is that I don't have enough capital for inventory. So for the time being I am using a dropshipping/affiliate model where I market another resellers product and bring the client to them while taking my cut. Its not really the most efficient way of doing it as there are more CONs than PROs so while doing that I have to learn to raise capital
Highly recommend getting a copy of Noah's book here: tinyurl.com/2hd7frr3
Love your videos!💚
im noah wazo..
Is this ur account: @aliabdeal ?
Hi Ali just a comment you always talk about trading 212 which is why I have started looking into it but it is interest based income which you being a Muslim know we are not allowed just wonder have you thought about this aspect at all and I will be so glad if you can tell me any trading platform which is interest free
I think you are using any online translator for your TH-cam scripts in hindi. It's really annoying to listen to such unnatural sentences. I highly recommend you to hire some translator to translate your scripts for you. It will really improve user experience. By the way your content are really awesome.
The nice thing about asking friends and family to pay for your service or product is, normally friends and family expect you to do things for them for free. If it is something that they are willing to actually pay you, then strangers would definitely be willing to pay.
that's how my wife and i started our english learning studio, we didnt have time for family and life, which is totally normal to live in most oriental countries, so we decide to quit our job first when keep trying different things until we found a little succuss. and voila! tripled our income in 2 year!
Nice to know 😊
Wow, how did you do it?
@@mkleng we first tried e-commerce, like a lot of guru claimed that you threw shxt to the wall then i would stick, but we couldnt make sustainable income for 6 months so we decided to do something that we had done before - teaching. long story short, you can pick a service that you can provide to people, because this is literally the easiest thing for most of us, you use your time to trade money. you can tell me what you do and what you good at so we can brainstorm for you together. right now we are also trying youtube and tiktok after developed our learning studio
Just a week ago I thought I could never come up with a business idea, and yesterday I did. I magically became an entrepreneur without even knowing it, and having no idea how I could launch a business. Thanks Ali for teaching us about the business world, by making the knowledge more accesible. Now I definitely feel less lost and more confident than 15 minutes ago
So you have a business idea yesterday and all of a sudden, you are magically an entrepreneur. Yeah right.😂
@@BigBrother04 oh, so you’re not okay. Just a troll trying, and failing, to build a channel lmao.🤣
@@Baebae1947 as for the channel, I just grab my phone and say my mind while I walk after dinner and upload on the road. As you can see, no editing, no camera, no animation, no call to sub or do anything, no advertising. I have 4 brothers and 4 sisters and nobody knows I even have a channel. I am not saying i would be a millionaire if I was to put an effort into it, but my skills can yields better returns when used somewhere else. So between my software job, the interpreting gig and my family, I only have that 10 minutes for YT while I walk. But I am ok bro. Don't worry about my channel. In actual facts I have more subs than Elon Musk, Bill Gates and pope Francis combined, if that's the yardstick for success 😆 🤣
What is the idea?
This is all a scam
*I got the feeling that Ali just saved me 7️⃣ years of figuring out how to build a business.*
*God Bless you brother 🙏*
I just started a mobile Hairstylist business!!! I'm so glad you posted this video!❤
Have to say that is such a great idea. Good luck to you!
@animista9824 I thought/think it means that there is a traveling salon which can drive around town and go to office buildings. People can come downstairs to get their hair cut, instead of driving across town to the salon. Like how a food truck is equipped to cook food and serve it right there, so you don't walk to a restaurant, you can just go downstairs.
Perfect timing, I’ve just started a taxi business in Norwich.
Like I was sitting thinking about business ideas that I have and this video just came out. Perfect timing too.
Wishing you great success on your taxi business! 🙂
Is Norwich the same as Sweden? 🤔
@@fishnsteve Norwich is a city in the east of England.
@@kuldeepthegreat Working in the industry for 7 years, although self-employed, effectively working for someone else. I worked out that over those 7 years I paid them in commission and car rent in the region of £105,000. That was motivation enough to start up, and I wish I had done it sooner. It comes with its challenges that you don’t get working for someone else but you just have to roll with the punches. In answer to your question it depends on your chosen business but just start, don’t put it off and don’t worry about perfection from the offset, just begin!
I've been putting off talking with people about my idea for fear that no one will buy my service, but I'm realizing that is foolish. Instead I keep lamenting on the lost revenue I am not making each week instead of focusing on what I need to do. Thanks for being that voice to push me forward!
totally got you man
this is what i just wrote above - this is a terrible idea. Your customers might not be the people you know, they could be all around the world. Relying on people around you to ask them if they will buy before plunging into the world of business is a bad model to follow. If everyone had to do this then we wouldn't have a lot of successful entrepreneurs. Do customer, market, product, and competitor research and analysis then once that gives you a thumbs up, proceed in small doses then use your own already customers to ask them directly how to improve (many successful business people did this and are still doing so, including steve jobs,etc.). Why do you think people run surveys, tests, etc? The people you know might not always be useful.
Imagine a software developer trying to build an app to automate daily processes on excel then ask his mechanic neighbour if he would be interested to integrate that into his business, the answer might be no due to cost and simply whatever process right now is working - people aren't always interested to change. With your approach, this would be the end. A business minded person, will know this is not how you get real insights. Sometimes it is, but most of the time - no. Even the silliest idea that no body around you find useful might be lucrative
I have booked this week off work to get mine started. I have had a slow start but finally picked my name, I am just working on my brand and will start my website tomorrow. I have been sitting on this for many many years - 10+ years! Bold action for me this week.
Rachel mate I think you missed the point of this video. Forget the website, forget the name. Go call three friends and ask them if they want your services!
@@WiktorJurek This!
@@WiktorJurek exactly. And to take things to the next level, actually ask those same friends to pay in advance, even a little bit.
@@bruce0750ha! Good luck with that. Friends paying you for some vague idea you have. Ever heard of Ponzi? If friend start to give you money for nothing, you probably have got stupid friends.... or maybe generous friends😂. Most people starting business will have to use their own damn money to show something. Then if they are lucky to have rich family they could use that. These book theories do not work in real life. And actually how many friends do you personally have that could sell you an idea with no poc,no prototype etc and you start giving them your money? Be honest
Good work, but like others have said, contact a few potential customers to find out if it has legs. Before I started my marketing consultancy I was working with a few local businesses before a website.
So pumped to read this book.
I started before I was ready. Even my channel. Such a crucial statement. Just f#$%ing start.
Food for thought --
The big reason why this book is covered is because these guys know each other and the book just came out. So, for marketing.
Yup, they help each other. But that's not wrong. Plus, that doesn't mean what's in the book is wrong or bad, right?
@@unicornopia book quality is a separate discussion. But if the big reason you’re hearing about it now is due to marketing (and not say, a year after the books been out), well, I’ll leave you to decide how you want to trust the messaging and intention from influential people such as them.
Food for thought -
Are you here to determine if the video is for marketing purposes or to capture information that is worth learning?
@@payne8506 the purpose is clear as day and I'm just dropping my thoughts :D like every other commenter.
food for thought - are you here to determine whether I am here to determine the purpose of the video?
@@unicornopia It doesn't but it compromises the objectivity of his review.
The founder first approach was my 1st business venture 😂 omg
I'm so glad I've been changing in 2023.
Anyone else here obsessed with Secret Pathway To Triumph? It's like discovering a secret treasure map for wealth!
Never heard of it but now I'm going to read it.
Oh god is this another law of attraction bollocks? 😂😂
@@xxddxx95 this is a spam comment with likes from bots. Don't fall for it.
Definitely a bot comment 💀
bot comment
I just finished reading this book. I really like how approachable the book is, Noah is super approachable and he makes it feel very doable. Highly recommended book!
"Just start" and "do your customer research first" are in contradiction to each other
Let me straight it " just start your customer research first"
😅 @@theinformerboy399
Yeah it’s worded weird. It means figure out the idea and research then just start it without trying to perfect anything.
And when you makeup your mind to start a business, and you ask your higher self or God “what’s the next step for this business? What should it be about that’s for the highest good of all and profitable at the same time? And thank you for all the inspiration and guidance regarding this endeavor.”, you will receive inspired thoughts and ideas to take inspired action. Jut pay attention and take action when inspiration comes, but also doing your own part in research and getting the supporting information.
Customer research is part of the "starting"
The 'Now, Not How' mindset really resonates with me. It's easy to get stuck overthinking the details. Your summary of Noah's approach makes starting a business feel more doable. Appreciate the clarity
Your channel serves as a guiding light in the quest for productivity and fulfilment. Thank you for equipping us with evidence-based strategies that truly make a difference!
Thank you.
Told myself this year *it’s time to stop thinking and walk the thought*
If you are interested to make money from youtube then watch my new video ( youtube 101 )
taking action makes me feel less anxious
I'm in pursuit to make my first $1 by 31 March. Glad I found this video and book at the right time.
I just started a media agency, this video is really helpful. Thanks ali!
Same here! Dream Now Media
This video is PURE GOLD! Will definitely be watching it over and over again. Thank you Ali!
This video provides a fantastic guide for aspiring entrepreneurs looking to kickstart their first business in a weekend. 😍
Always start a Buisness. I personally have no skill at all, I am a art major in college. I started selling on Amazon about 2 years ago, and now im making 15-20k net profit per month. I cant even keep up with all my notifications and emails coming through that items have been sold. I can finally make money while im sleeping. Freedom is priceless. If I can do it, SO CAN YOU!
Amazon kdp?
Brilliant video. Thank you for the shared information and books. As someone starting a business, I would like to mention the book 'The Hidden Truths Of Wealth'. In the book, the story goes really deeper into the secrets of money and making it, so I recommend the book. Congratulations for the video.
I personally found it on a page called "Borlest"
I personally found it on Borlest.
@@matthewthompson0 Borlest
@@matthewthompson0 I found it on borlest a week ago
BORLEST .....
@@matthewthompson0
most people used to procrastinate about starting a business, but this video change the whole idea to start a business.
Super valuable advice about validating your idea first by talking to people. I think many people are afraid of their idea being a failure from the start. And yet they do waste time implementing this first, before eventually failing
I got this book yesterday just waiting to finish another book before I get to it but the customer first approach for proof checking the problem you're trying to solve is brilliant. Thanks Ali!
Just start without think and later deal with depts in years long. Yes, you can do that but don't cry later on.
Reading Noahs book is one thing, having someone like Ali, break it down into a simple actionable steps is another.. Thank you for tis video Ali.
So what you’re saying is, we shouldn’t start a business by reading a book about how to start a business
you saved me man I was about to give up thankyouuu
youtube is such a syndicate. my heart sinks. keep shilling each other's stuff.. keep making money and keep telling people that success is just little bit ahead. i like how noah made all the rounds of the big podcasters with his book which basically can be dialled down into: find an idea, get someone to pay for it. the thing is if noah wasnt born in silicon valley and had become friends with tim ferriss, he would never have made it this big. that is the secret which people dont talk about.
1000% true. Generational wealth and nepotism affords most successful entrepreneurs the time to hustle and access to the right minds and capital to move things forward.
You’re spot on..
Ok but what’s your solution here ? Should we sit on our hands and do nothing ? I see these videos as short term inspiration and not a blue print for success. Something to spark that little flame to help take a step in the right direction to better myself. I don’t see anything wrong with that. And it sure beats watching baby reindeer on NF.
Too true. Kind of reminds me of the gaming industry. The advertising clients we work with are constantly up against negative press from failing to deliver and those are generally the ones we avoid working with entirely. Build a castle on sand, watch it crumble.
You can sell anyone a dream if you're good at sales or networking. If you put the practice in for how to try and deliver that after the fact.... you're gonna have a bad time. The reality is a blend of both is needed realistically and that's why building a business is tough because not many can do those things in tandem.
@@pakman2816 the solution here is better education which teaches how to actually build a business. his book is filled with faff. and breaking monopolistic companies so that capitalism can thrive.
The timing of this was so spot on. Massively helpful and exactly what I needed to hear. Thank you so much for putting it out!
I heard a word that describes me a lot: plancrastination. And it's worse with me because I have a degree in project management, which means I both know better and know better how to delay getting started.
I am so happy with the new feature: (Voice translation), Keep going Ali🎉🎉
Ali's energy is so inspiring, love how passionate he is about entrepreneurship.
I bought both of your books this weekend! I can't wait to apply them to further grow my Notion Consulting business.
Customer first is a good idea which makes me think about selling from another point of view. Thank you for that.
Any thoughts on how to apply these concepts to product based businesses? Particularly those that are not inventing something new. Nearly all examples were service based or intentions
If people are already buying your product or a similar one, then your idea might be already validated, but the question becomes how do you get them to buy from you? What's your USP?
To be fair I am german and i appreciate the option for german voice tracking but i personally prefer hearing alis voice since, for me, his voice is a central reason why I like these videos so much and this is still lost in the autotranslation.
good to know, we're testing out these AI audio tracks in case people want them but of course you can still choose English
I only have one comment to this great video: Not all businesses solve problems.
Some give services/products that people didn't even knew they need - the wants not needs
Like Apple products, like social networks or luxury clothes
Perfect time ,i ve started 2024 jan, mobile maintenance business in Ethiopia.
I love this summary of book, i find reading book boring but listening to people is interesting for me
I haven't been able to finish listening to the audiobook, It is an autobiography full of cheesy motivational phrases and with very vague examples, honestly I am surprised by the bad recommendation from you, the audiobook that I am enjoying widely is yours because it is more concrete and focused on reality 10/10
Thank you, Ali, for the Arabic translation ❤
Please talk about the 3rd step ( Grow it ) , I appreciate your efforts and help ❤❤
I woke up with a big spot on my face today and I thought I won't do a video, it's embarrassing and I'l get lots of nasty comments. Anyway, I've just finished recording and I thought, 'who cares? It's the content that matters. Ali just gets on with it.' Thanks Ali. 😊
This is a fantastic breakdown of Million Dollar Weekend and the actionable steps it provides for aspiring entrepreneurs.
BTW, for anyone unsure where to begin with their business ideas, starting with problems you're passionate about solving is a great way forward. This video is packed with strategies to help you take that first leap. Thanks for sharing such insightful content!
Holy moly this is a wake up call for me. All these years, I have been doing "founder approach" without success. I am a software engineer and I could spend months building an app that I thought would generate me money in the long run without validating the idea first. It sounded cool in my mind though :D
Hey, if I’m looking to work with a software developer, in your opinion, where is a good place to find them/ network?
Thank you for a wonderful explanation on how to build a business. I gotta show this to my kids when they are old enough and hopefully by that time, my business is already profitable and successful ✨
@Aliabdeal is this your account @aliabdaal ?
Absolutely love how to summarize tips in the simplest way! Thank you!! Very inspiring!
As an artists trying to sell on Etsy this year, I have always found it hard to know what problem we’re trying to solve.
People's need for meaning and beauty. Perhaps the most important problem of all.
Great Video Ali! - Can the comments section validate this business Idea? - Who would pay for a Habit Tracking App that Gamifies your life like an RPG & gives you xp in certain skills - Think RuneScape but you set your own skills
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
fascinating! I am new to this whole thing. I've heard that now is a wonderful time to buy, and basically, I have some cash hanging around in the bank that I would really like to spend, especially since inflation is at an all-time high. Who is this coach that helps you, and may I check them up?
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Start now not how - you nailed it with this video - thank you so much - I did exactly everything you said new entrepreneurs typically do to start lol
Listening In Hindi Is great .. Love to hear this ❤❤
I think the first step at all is building an audience. If you don't have an audience, you can't sell the product or service before you make it.
I'm thinking to put some cash in stocks, I was at Salt Shack and i overheard some friends saying its ripe enough, but Is this a good time to buy stocks? I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
Off course, but Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
This video was misleading. The title should have been. "Keep in mind when thinking about starting your business" Nowhere in the video does he go step by step on what he did to make the business in 48 hours. My reason for disliking was the misleading title, Affiliate Marketing for the book, a large chunk is about the sponsorship = Easy money, good for him.
😮
There is no step by step
that’s what this ‘hustle bro’ content is now. The podcasts are no better. Now more than ever we need to engage critical thought with this content.
🙌🏻 Thank you for telling us so we don't have to waste 15 minutes just to watch this video that is clickbaiting.
Most of his videos are like this imo.. Good for him though and thanks for the heads up
WHATTTTTT YOU CAN NOW ADD MULTIPLE AUDIO TRACKS TO A TH-cam VID
MAAAN THIS IS HUGE
All I can say is Thank You...Ali
So we went from productivity guru to business mindset bro. The transformation is complete.
People are so tied up on yhe idea that it has to be perfect or fully formed before telling anyone or launching that they never get launched. Its about the model, not the packaging. Something is always better than nothing. Get it in the hands of your customers from the beginning, never wait.
Steve Jobs was never bothered whether the customers were going to pay (or it’s too expensive for them), he wasn’t actually thinking if there are customers at all (mature enough for his ideas).
However, we’re not Steve Jobs so I get your point.
I bought both of your books this weekend! I can't wait to apply them to further grow my Notion Consulting business.
Hi Ali, It is amazing that I heard about this book and read it almost one year ago and I started my youtube channel few months ago. i am feeling good about what I am doing now. good luck
The video is so concise and you summarise the book so well and give great advice. Thank you, Ali! 🎉
Danke Ali für das tolle, informative Video. Aus dieser Perspektive habe ich es noch nie gesehen. Danke auch für Deutsche Audiospur👍😀
This was the actual practical video that I was looking for, not some another same copied ideas!
As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economists have been sounding off on just how bad they think the next downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any CFP I can get on the phone with? I'm in dire need of proper portfolio allocation.
I'm been guided by *Elizabeth Colleen Nurre*
I was watching and listening to Noah's content before. You showed it in a great angle Ali. I love what you do. Inspiring.
I think he optimized this book cover (color) for TH-cam thumbnails...
Smart move.
*I agree. You really don't understand something until you have done it.*
I just want to preface this with, I'm not a serial entrepreneur nor author of some book. But something with the phrasing around this video made me fall into disagreement. While a customer first product mindset is absolutely valid and maybe should be applied more often - I think its misleading or even wrong to recommend that you should sell something before you build it. In reality your customers are then not paying for a product, but for your idea - its why we have so many kickstarter scandals with products that never gets to reality. Its of course important to validate your approach and product, and its great if you can get people to commit and show their genuine interest, but not at the cost of paying customers that don't yet have your product in hand.
Also not a serial entrepreneur, but I've backed a few Kickstarters that turned into vaporwear, I get where you're coming from.
The examples given -- dog sitting, meal prep don't require significant intellectual property or development time up front. These are "fast things you can create or offer to fix what bugs you and see if it bugs other people, too." If it does take a lot of time to build something, it's even more important to get feedback and understand what people are willing to spend money on.
I think part of asking people in our network to be our first sales is because 1) if they're not interested, we know them well enough to ask them about what they really want (aka the dog walker vs dog sitter idea), and 2) they know us and likely trust us not to take their money and run, plus 3) we now have societal pressure to perform because it's awkward being at a dinner party with a neighbor who bought your $20 app and you never delivered.
I am 17 and wanted to have a potential idea for starting a business in the future. Thanks for the warning 🙏😂 . Now I can ask people about their problems and make a business out of it.
Does step one contradict the notion of setting goals and planning how to get there?
JUST GET STARTED!
Humble request please continue making these kind of videos🎉
Today, I was searching for business-related knowledge, and you dropped a video. Thanks, Ali!
Thank you so much for sharing this. I feel like this video may have just saved me years of my life.
you've earned a subscriber.
thank you a lot for making this video, Ali♥️
Ali Abdal Brother Please make video in Hindi or Urdu. So we can understand this book in deeper level.❤..Love form India
quick question, if let's say you realized that the local businesses around you need better websites for their services, how do you get "payed first" when in this industry, you need to develp skills to make those websites and it usually takes quite a lot of time. Maybe an altenative would be to just talk to as many people, businesses as you can and see if they really need that service and if you do, thats when you go pour your heart out learning how to deliver the said service
Adoro que hayas comenzado a traducir los vídeos al español o TH-cam, porque sentía que me pedía cosas. Mil gracias por tus vídeos Ali, me encantan 😍
I just listen to Noah on Steve Chou's podcast promoting this book. Interesting guy with some good things to say.
Ali, thank you so much for your content. I found and subscribed to you recently on TH-cam and cannot stop watching your videos! I have some business ideas, but I had found business approach and have never gotten started. After this video it will change. Thank you so much ❤
“The tyranny of how” - So true and I love hearing the little hints of TR’s influence in your content. I like “Now not how” too and will download Noah’s book now. Thanks for all you do Ali! Keep the great videos coming!
Amazing, this comes at a perfect timing because I'm in the process of starting a new business
Thanks for sharing, adding this to my TBR
I was planning on side hustle. Its a boost.🎉
Isn’t it crazy how everyone is saying that they found/you created this video at the perfect time?? Honestly me too😂 Thank you Ali Abdaal.
Love this video brother, thanks for the information!
This is the best video I have seen in the last month
Last time was just a warmup for 4ra everyone better be ready for the 17th these lotteries are not like anything else so many surprises each time
"Now, not how"
I love that wow
Great work bro, thank you. I'll keep in mind customer first approach is key
Thanks for sharing every valuable information you come across.And by the way,you changed my course of direction.Thank you 🎉🎉🎉🎉
ikr, feeling the same.😊
I started a buisness in luxury watches last December, my main issue is that I don't have enough capital for inventory. So for the time being I am using a dropshipping/affiliate model where I market another resellers product and bring the client to them while taking my cut. Its not really the most efficient way of doing it as there are more CONs than PROs so while doing that I have to learn to raise capital
learning more in this video than i ever learned in business school
Thanks for making the whole book snappy. 😊