The Book that Made Me a Millionaire

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Ali Abdaal

Ali Abdaal

Күн бұрын

Пікірлер: 739
@aliabdaal
@aliabdaal 3 ай бұрын
Hope you enjoyed this video! If you want free lessons and insights from running my business, you might like my newsletter LifeNoteshttps: //go.aliabdaal.com/lifenotes_pinned
@baletsegatube
@baletsegatube 3 ай бұрын
በርታ አሊ እምትፈልገውን ሁሉ ልረዳህ ዝግጁ ነኝ። 🎉
@AbdullahKhan-n7b1f
@AbdullahKhan-n7b1f 3 ай бұрын
Warning: i know it is very navie paragraph:Is there any from medical school who could help out in finding the way.I am from Pakistan and i have 94% percentage.Where do i begin
@SaifulPersonal
@SaifulPersonal 3 ай бұрын
love from bangladesh
@Mdfheexgjyf
@Mdfheexgjyf 3 ай бұрын
𝗚𝗿𝗲𝗮𝘁 𝘃𝗶𝗱𝗲𝗼 𝗔𝗹𝗶 💯
@danielpatrico4433
@danielpatrico4433 3 ай бұрын
It's marvellous! Like the first thing that i struggle with is time alocation and financial issues apart from everything happening
@Alex-ytu-d7l
@Alex-ytu-d7l 10 күн бұрын
The idea behind the book The Rothschild Vault really blew my mind. It’s like stumbling upon a hidden shortcut to financial abundance.
@indestructible8111
@indestructible8111 23 күн бұрын
When I first read The Secret Doctrine of Wealth, I realized how stuck I was in the system. It’s crazy how much it changed my perspective.
@themonsterofcs
@themonsterofcs 20 күн бұрын
How stuck are you now?
@rainerzufall9943
@rainerzufall9943 Сағат бұрын
@@themonsterofcs He seems to be stuck in the washing machine, waiting for his stepbrother...
@AnnabelOla
@AnnabelOla 3 ай бұрын
People have made me feel like I’m crazy for not just being the technician (pastry chef) but I’ve always wanted to work on the business and grow it (more of a visionary). So this book and your video really helped me know I’m not crazy! My business is a luxury African fusion patisserie and my biggest struggle is funding to get the MVP finished and ready to take to the next step.
@squeezlepop
@squeezlepop 3 ай бұрын
Yes! I kept being frustrated by advice directed at technicians, but I suppose that is most people wanting to go into small biz. I think I'm more strongly manager than most, although my weakness would probably be entrepreneur.
@Therealjoshuaparker
@Therealjoshuaparker 3 ай бұрын
As a pastry chef/chocolate maker my self I understand your conundrum.
@theregisteredindependent
@theregisteredindependent 3 ай бұрын
If people are telling you that you are crazy, that's how you know you are on to something. Keep going. You got this!
@Scribe594
@Scribe594 3 ай бұрын
@@theregisteredindependent You are speaking to me!!!! Thank you so much!!
@iaber1698
@iaber1698 28 күн бұрын
why would you come to that conclusion that you are crazy?
@CosmicVodka
@CosmicVodka 3 ай бұрын
Small business owner from Sweden here. Been following you since before my business, really like these book clubs. I like these things with systems and of i implement it in my business it Will help alot. I have problem with fitting all i have to do in my week. Warm outreach, content, improving content, collage, life etc. Keep up the Good work man!
@ownthegame3
@ownthegame3 3 ай бұрын
it is a 2004 book; 1st published in 1995 always thought tt it may have lost its relevance but wow, did not know it is still so relevant! many thanks for the summary!
@luciaret
@luciaret 3 ай бұрын
Single biggest struggle? Keep myself accountable, keep showing up no matter how low I feel. I'm a visual artist and I'm interested in applying this techniques to the "growing on the art bussiness" field, not just selling but also been part of this bigger thing, the Art World and I want to see how can I apply your principles. Thanks Ali
@1999Jerod
@1999Jerod 3 ай бұрын
It’s hard, especially when you have other things in life pop up and nobody is there to keep you going
@JordanAbelMusic
@JordanAbelMusic 3 ай бұрын
I am starting a time-management and goal setting coaching service and am currently in the planning stage. I am a music teacher teaching guitar, bass, ukulele, and drums, and I want to expand and do more. I teach a range of students from primary/high school kids to business owners and CEOs, and I realised I have a passion for helping people achieve their goals and manage their time. After watching your videos for the last year now, I have learnt so much and am very excited to start this next chapter of life! Also, my partner got me Feel Good Productivity for my birthday last weekend! I listened to the audiobook earlier this year, and I have been really enjoying reading it again in physical form!
@mishkaatrawjee1271
@mishkaatrawjee1271 23 күн бұрын
21:40 My biggest struggle with growing my business is what you said in the middle of the video. Juggling everything. Sales, marketing, the work itself, scaling. It's a lot!! The BIG thing that has helped me this year is to be a part of a community with other business owners in my field. That has helped soooo much! It keeps me accountable, I'm learning new stuff everyday. It's great.
@Elizabeth-jk4yj
@Elizabeth-jk4yj 3 ай бұрын
the problem ive had with my businesses is finding a person who shares my vision and sees what I see. lets say I have a clothing business, I want someone who can run it for even a few days in my business. great video Ali, thank you.
@monahimani
@monahimani 3 ай бұрын
I finished reading E-myth yesterday and your video popped up! I started my immigration law firm 11 yrs ago - I am a solo attorney with a team of 4 located in US, Argentina, Bahrain, and India. The E-myth has unlocked a passion I didnt know I had. I wake up excited to work on the business. My clients are global and so is my team. Later this month, I plan to take a 3 day solo retreat to codify the SOP, from onboarding, opening cases, intakes and several other processes. What are some basics of an SOP? Should SOP be in writing, video or image form? What tools arw available to help create SOP in a way that is easy to follow? Looking forward to your offerings in this space!
@ranjodhsingh2122
@ranjodhsingh2122 3 ай бұрын
@monahimani Hello, How are you ?
@Cru5y
@Cru5y 3 ай бұрын
Did you find any answers to your questions?
@gabrielpastran7293
@gabrielpastran7293 3 ай бұрын
Hi Ali. Great Video!! The business question’s answer on my single biggest struggle: (assuming all else is set): Cash flow management & formulas to see quickly how business is going. The other one that directly connects with this is living below your means. These two-three things combine into one: my single biggest struggle focusing on cash flow management with quick formulas while living below means. I would love to see business videos. I think there is a super high demand for it right now. Blessings
@Bear23412
@Bear23412 3 ай бұрын
I hate to suggest it because my favorite type of videos are book reviews/main takeaways… but researching tools is what takes up so much of my time (and making those purchasing decisions)😭 content creation tools, automation services, point of sale, cameras, mics, laptops, tablets, design tools … there are so many decisions to make 😅
@auroralee_co
@auroralee_co 3 ай бұрын
Love this video, Ali! I've heard about this book so many times but haven't read it myself. I need to get my hands on the book and actually read it. To answer your question, though, the biggest struggle is mindset. I think I'm too close to the business, and I feel like everything that happens or doesn't happen to the business is a reflection of me as a person. So, learning to separate 'me' from 'the business' has been at the top of my mind and is a moment-to-moment practice.
@halameshmosh4687
@halameshmosh4687 3 ай бұрын
You leave us with no questions after I have been following you for one year you always give me answers before even i wonder ❤
@drsilvakidsgrow
@drsilvakidsgrow 3 ай бұрын
I'm a Pediatrician entrepreneur. Starting an online presence. I like the business aspect of this video. Starting a small business. We have our own practice. Now, I'm benching out bc I want to help more people. So yes, please more business videos like this one for the small business owner, entrepreneur & newbie online. Thanks!
@rike19999
@rike19999 3 ай бұрын
I'm not an entrepeneur and still your business yt videos teach me so much. I'm a student studying biology and I'm always looking for tips to manage my life beyond time Management tips. I believe there's an easier way. The video resonated with me because i was experimenting with protocols in my life (like SOPs ) and surprisingly I found myself to manage a lot more life areas like uni, friends and fam, travel, a few hobbies and health and still find myself lying in bed watching yt without feeling guilty. So thanks for the new perspective!
@rrosho
@rrosho 27 күн бұрын
It's brilliant. An eye opener. A new perspective for start ups. After seeing many business owners toil in their routines, I always had the guilt that I am not involving physically much with my work force. My guilt is gone now. (I am setting up a micro farm after learning for few years). I am 63. Going strong. Thanks.
@RaffyHalim
@RaffyHalim 3 ай бұрын
Loved the summary of the book. Will have to go read the whole thing and digest the ideas fully. My main sticking point is the innertia to get started and fear of failure/success
@MillerDesign
@MillerDesign 3 ай бұрын
Another great video! My largest struggle would be transitioning from a technician and niching down. I currently do design, video and photo and am pretty evenly dispersed between the three. These all require my time but I know I'm capped at how much I can do. The obvious next step would be hiring but in the past this has been more work than it has been helpful. I would like to create something that uses these skills in some fashion but does not monopolize my time.
@ranjodhsingh2122
@ranjodhsingh2122 3 ай бұрын
Hello Miller , How are you ?
@saratylosky1044
@saratylosky1044 3 ай бұрын
I ve been running a service business for over 15 years and getting ready to scale this book provided a good summary of what is needed. Thanks!
@Micahangelina_
@Micahangelina_ 3 ай бұрын
Great video. My main struggle in starting a business is finding clients, but I think you’ve touched on this. I think it’d be helpful to learn about some of the stories from your team members on how to be successful in a supporting role (eg, not the face of the business.) Thanks to the whole team for the good work you’re doing!!
@LinguisticDiscovery
@LinguisticDiscovery 3 ай бұрын
I’m a purely educational content creator, so it’s always a bit difficult to adapt business advice to my content creation business. I’d love to see more advice focused specifically at educational creators!
@fenwickcyril
@fenwickcyril 3 ай бұрын
I was too, but had to find a niche,,,learning which can be monetised..and personal finance as well.
@yasameena.5608
@yasameena.5608 3 ай бұрын
One of my many obstacles is actually growing the business, how do i survive financially from working full time and a steady paycheck to full time business? How can i define my business (without getting lost in all the things i am interested in)? And how to reestablish the business in a bigger city? All these questions have been floating in mind and the answers i get are usually chaotic. I apologise if this isn’t feasible feedback. I will make sure to read the e myth book. Thank you so much for your awesome videos!!
@ranjodhsingh2122
@ranjodhsingh2122 3 ай бұрын
HELLO
@juliannaizaque5992
@juliannaizaque5992 3 ай бұрын
Exactly the same questions that I have after to finish this video
@burakkkk4
@burakkkk4 3 ай бұрын
I love when you make this type of analysis videos from books, truly engaging. Thanks Ali 🙏🏻
@DeeplyRootedGarden
@DeeplyRootedGarden 3 ай бұрын
Just reading the book now, started my KZbin channel seven mouths ago and been listening and watching your content for the past year. Such perfect timing. Thank you for the video.
@tylervideos8081
@tylervideos8081 2 ай бұрын
Your thumbnails look great!
@anyvilleda1
@anyvilleda1 3 ай бұрын
I'm an Accountant and I knew there was a big opportunity for me, so I started my business this year helping small businesses owners with their Bookkeeping and Taxes. For me the struggles would be on finding the right people to eventually do what I'm doing now. Thanks Ali!!
@rtazimi
@rtazimi 3 ай бұрын
Why not training someone?
@JohnMicky-b2c
@JohnMicky-b2c 3 ай бұрын
Very good
@BeyondtheBreed
@BeyondtheBreed Ай бұрын
Super interesting video, thank you Ali. My new business is very niche and so I’m not sure how I can incorporate a “system”, but this has given me a few things to think about - particularly my frustration with trying to get to grips with Kajabi and filming videos, when I feel my time would be better spent on writing my next book to build on what dog professionals and guardians gleaned from my first book 3 years ago. Thanks again 😊
@imane-s9o
@imane-s9o 3 ай бұрын
Okey, that triple threat part really motivated me, I’m starting a business soon, and I’m all 3 of them, I am a business developer in chore, I love sales and finding ways to sell anything and i enjoy managing people, finances, administration, I’m still a bit scared of course but this really boosted me! Thank you for this simple yet very very instructive video 🙏🏻
@RodoPet
@RodoPet 3 ай бұрын
I’d love to know the exact step by step for creating a business; like the “SOP” of creating a business. Personally I’m also afraid of all the legal stuff. Like I can make a video, but then if it get monetise, I need to create a company? How does that work? I?m afraid of creating legally a company, taxes for company etc…. And that holds me back. SO yeah, a masterclass on how to start from zero a bussiness, maybe a great video idea would be to do a video similar to mark Manson where you start a business from zero or you help a subscriber to zero and move from there, like a short video series on the development of “Sara’s bakery”. I think that would be a great idea, ideas are great, but as you know the courses are very technical and specific and concrete, an example has pros that an argument hasn’t. That clarity and precision would be great!
@gabrielottaviano
@gabrielottaviano 3 ай бұрын
I used to have that problem as well: wanting to thing everything out before taking the first step. The thing is: every step you take will open up the “fog of war” and you’ll be able to figure out the next few steps. Don’t over complicate things before you even start. As they say “we’ll cross the bridge when we get there”. PS - you don’t necessarily need to create a company once you start monetizing. It just might be more tax efficient. And it takes A LOT of work to monetize. So you’ll be ready by then
@sc3122
@sc3122 3 ай бұрын
One of the things I enjoy most about you is your ability to take a topic that many of us struggle with - and being a solo-preneur is very emotional and solitary territory for many of us - and bringing clarity, insights, and logic to it. I often come away feeling like "why didn't I understand this before, on my own?" But often the passion for what we do as creatives blinds us to the areas where we have weaknesses and we just hope we will grow into those and get better in those areas by the act of doing. As you (and the E-myth book) point out, it's rarely the case. Thank you, Ali, for making sense of it all for us - as only you can. That's a gift.
@shahnadirahmed
@shahnadirahmed 2 ай бұрын
I'm in the process of starting my own business now actually. I picked up the E-myth after it was referenced in a small business accounting book that I am reading. The concept of working on the business , not in it, is important for me to hear. My biggest struggle apart from legal hurdles is making moves quicker and not delaying starting things because I feel I need to read and prepare more, it is an elegant form of procrastination. I should have started this a year ago.
@cannonfamilypioneerhisto-pu9ue
@cannonfamilypioneerhisto-pu9ue 3 ай бұрын
I started an at home baking business this year. My top sellers are sourdough breads and brioche cinnamon rolls. At the moment I feel my biggest challenge is getting weekly customers so I guess marketing. During the summer we had a local farmers market where I engaged with anyone that would even look at me when I said hi and always offer a free sample. That all went very well but the transition to home sales feels like it’s become a different business than the farmers market. This video was so very helpful. I definitely need to spend more time being the manager. Thank you for opening my eyes to this.
@tinestudios
@tinestudios 2 ай бұрын
what makes your youtube channel addictive to watch is your teaching style...seems you have found your love of teaching again on it I'm an artist, and I want to be a technician...and entrepreneur but not the manager..i thought a youtube channel would be the answer but i dont like following a consistent schedule...i kind of just want to do what i want to do and then money flows in
@mrfarhantawfeeq
@mrfarhantawfeeq 3 ай бұрын
I can't believe you gave a huge treasure of knowledge under 22 min. I recommend you and Hormozi to any aspiring entrepreneur...
@sujayashree
@sujayashree 27 күн бұрын
I’be been teaching (for almost 3 years now) vocal lessons to about 10 kids at home after my full time job as a software engineer and I draw absolute joy out of it. I’ve been thinking of scaling (because of a lot of local Demand and referrals through word of mouth) in a way that take a lot of my active time out of my daily life because I am not ready to quit my job yet or scale by teaching more kids coz that can only go so far. Your videos and especially this one resonates deeply and I agree I shouldn’t be doing all the technical work but I am clueless as to how I can get started thinking about scaling this slowly. Thank you so much for sharing your own journey in all these videos. They make it super relatable and doable for anyone. Keep up the good work.
@JayzTeaz
@JayzTeaz 3 ай бұрын
The value that you deliver in this video is absolutely amazing. Please never stop. Even though there may be a smaller audience, we’re benefitting at such a high percentage.
@lucasshaka6398
@lucasshaka6398 3 ай бұрын
Hi Ali. First I just wanted to say thank you! I have learned so much from you. You are a true hero! I am a small business owner (hairdresser). My problem is stability. My brand grew a lot over the last year and keeps on growing. Most months I am quite happy with the money I make and it is enough to pay all my expenses and reinvest into the brand. However, there are always quiet times which give me time to work on the brand and advertise. However, these times can be quite challenging as at the back of my mind I will be worried about paying my bills etc.
@HelloAdversity
@HelloAdversity 3 ай бұрын
Really enjoyed this video. I started this book but somewhere along the way abandoned it for another book. I'm going to get back to reading it now! I'm definitely somewhere between infant and adolsecent. I realize I need to get help to grow my newsletter, but I've been resistant. I am the classic "technician" who needs to get with the program and face the music.
@edgarlangwald2932
@edgarlangwald2932 3 ай бұрын
Wow, I have never heard of SOP before, but now everything clicked! My biggest hurdle yet was that I didn‘t have the headspace and time to think about starting something of my own because of all the stuff I did for university. And admittedly, I didn‘t want to sacrifice my entire free time work again. After long consideration though, I paused uni and it feels great to do something on my own for the first time
@CollinRutherford
@CollinRutherford 3 ай бұрын
Embracing tools like automation software can really help streamline operations, allowing you to focus more on your passion and less on the mundane tasks that come with running a business.
@nsevv
@nsevv 3 ай бұрын
exactly! with AI handling the mundane stuff like managing and entrepreneur, we are free to do the fun stuff.
@nsevv
@nsevv 3 ай бұрын
exactly! AI will replace entrepreneur and managers.
@mwiederrecht
@mwiederrecht 3 ай бұрын
Single biggest struggle with the idea of growing my business: the idea of managing people. Random other thought: Would love to hear more about Make from your perspective.
@manimal667
@manimal667 3 ай бұрын
Great video. I will definitely have to pick this one up. I run a MMA gym and my biggest hurdles have been staffing and trusting people to run my classes. Not that I don't trust the people specifically, just the way they teach is may not be the way I do it. I feel the system section of the book may help with this.
@Jambenoire-kn4lk
@Jambenoire-kn4lk 3 ай бұрын
Francis ngannou vs fereira.. Give ur prédiction brother!!
@danijelazivkov1134
@danijelazivkov1134 3 ай бұрын
They all need to do the same (you instruct them for a month or so), but it is essential they have different personalities... I can only train and have business with serious, quiet and grounded people, my friends want funny and loud ones)😊
@ZachAllen1
@ZachAllen1 3 ай бұрын
I'm still very early in where I want to be and starting a business, but I've love the genuine and holistic nature of your content. These aren't do this one thing for success, but really summarizing and packaging the tools you need to succeed in a variety of things. In my field there are tons of technical challenges, but I've begun to see how most of the time the technical challenges are often the "easiest" especially when you're the technician. Many of the things in this video give insight into that. I've watched some of the videos on non-business things, but I really like the book club series. I'm really bad at sourcing books sometimes and so this is a great way to get an idea of what something is and maybe my next read!
@mbabrams531
@mbabrams531 3 ай бұрын
It's been years since I read this book, but the fact that I remembered so many of the points indicates how well it's laid out. Going to re-read it again this month because of this video!
@jessiej5765
@jessiej5765 3 ай бұрын
This has to be the best video you have ever done Ali, because it answers a very important concept, which is the idea of making a business out of your passion. This concept, which seems to be what everyone in society are prompting as the ultimate success, yet no one discuss the reality of what it really means or look like. This is probably the reason why I'm not interested in starting a business as an artist, I love art making so much, but couldn't care less about the customers needs, art is a very selfish thing that I enjoy doing. I'm the technician in this case, never the manager nor the entrepreneur, which is ok, because just like the book says its just not for everyone. Your explanation of this book in a very easy, short, understandable way, was so useful Ali, thank you.
@thehealthyepicures946
@thehealthyepicures946 3 ай бұрын
I loved how you simplified and broke down the main ideas of the book! Right on point and such a massive shift in how people usually think of a business 👍🏽
@DavidDunhill
@DavidDunhill 3 ай бұрын
I have a small business producing storytelling-podcasts (solo). Biggest struggle is finding out when to hire my first employee, how much financial risk I will take with that and if I like ‘managing’ instead of doing the creative work myself.
@robertwhite3503
@robertwhite3503 3 ай бұрын
Does it have to be an employee? Have you considered hiring a person for a project to see how it works out?
@vusanichirwa1348
@vusanichirwa1348 3 ай бұрын
What stood out to me was how he distinguishes between the roles of entrepreneur, manager, and technician, and how balancing these roles is critical for success. It’s an eye-opener, especially if you’ve been too caught up in the day-to-day grind!
@rc.98
@rc.98 3 ай бұрын
This book will save you from 3 years of Business school. A TOTAL masterpiece. Everyone who owns and wants to owns a business should read it.
@JoN-cg4fs
@JoN-cg4fs 3 ай бұрын
What book. Please can you tell me. Thank you
@MagicSchool-iu9ru
@MagicSchool-iu9ru 3 ай бұрын
@@JoN-cg4fs genius hidden tricks
@rc.98
@rc.98 3 ай бұрын
@@JoN-cg4fs The E Myth. The one Ali talks about in the video.
@nathan6899
@nathan6899 3 ай бұрын
Excellent breakdown of this book. I’ve got the audiobook but never really got the concept of it until now. Thanks 🙏🏾
@niwalsheikh7650
@niwalsheikh7650 3 ай бұрын
on growing businesses - i would love for you to talk about not only meeting a customer need, but understanding what product to build for that need. for ex - what pushed you to start KZbinr Academy vs. all of the other topics you talk about, like productivity and the like? How do your prioritize your focus and current "build"? Is it passion? Do you vote amongst your employees? Anything around decision making would help! Thank you Ali! :)
@iamanamikad
@iamanamikad 2 ай бұрын
Having a big vision also means to have a bigger vessel to accept money coming in. Most of us small business or small creators fear of investing more money into our ventures thinking it will be a waste but money brings money. Rewiring these limiting beliefs really helps to attract wealth
@sayanee
@sayanee 3 ай бұрын
Thanks, Ali! I love that you are also branching into health and business along with productivity. I would love the fundamental financial key indicators we should track as a small business owner, E.g. cash flow, opex, etc. Also, metrics that are leading controllable inputs vs uncontrollable lagging output.
@bookhuggah
@bookhuggah 3 ай бұрын
Pacing myself due to chronic pain and illnesses and fatigue. I have many more ideas than I can imagine completing. And yet, I’m willing to give it a try and figure out how to make it a business that makes these ideas reality for others to enjoy.
@chemiya8490
@chemiya8490 3 ай бұрын
Thank you for the video. I’m glad I get to watch it as I going through the struggles you described. To answer your question the thing that I’m struggling the most with is getting consistent results. Although I feel like I’m working on systems and processes.
@itscharlesparks
@itscharlesparks 24 күн бұрын
My biggest struggle is giving up control ! But now, I didn’t delegate enough and I’m burnt out. But this book review really helps. I never thought of it as three different identities but it makes a lot of sense. Hoping to implement a lot of these strategies to my business. Ima content creator on Facebook and the thought of just being able to teach someone to make these videos would be much better than what I’m doing now lol we’ve gotten over a billion views on there but it’s most not sustainable for me as it is anymore. Thanks!
@L.I.T.H.I.U.M
@L.I.T.H.I.U.M 3 ай бұрын
The single biggest struggle for starting a business is that you have to do everything yourself in the beginning. Because you don't have the resources to outsource. The technical work of different types (technician). The coordination between them (manager). And the creative vision and strategy thinking (entrepreneur). Doing the later by increasing your knowledge and learning more about business, economics, IT and humans in general. This is the biggest struggle, Ali.
@Legendaryfiremedia
@Legendaryfiremedia 3 ай бұрын
Great video. I don't mind the riffing not using a script. It feels more natural like life. One of the things I run into with my startup business which is drones and virtual tours, is onboarding a salesperson. I'm definitely a technician and entrepreneur but I get in the weeds, bored and overwhelmed by managerial tasks.
@dianesgardeninspiration
@dianesgardeninspiration 3 ай бұрын
I love your passion and the clips in your video that aren’t “perfect” make it so real. I’m realizing things that I would have edited out are so good. This is making me look at editing from a different perspective. Thank you Ali for sharing your passion and knowledge. I appreciate you. 🌻🌻🌻
@emilyguzmansinger
@emilyguzmansinger Ай бұрын
Made it to end of video. For me, the biggest road block from taking action and starting , after watching your videos, is trying to find a business idea that is “B2B” and that I can value at 2K$/month. Every idea I think of goes back to business for consumers, or not valuable enough for 2K. So I guess I need to do more research on what businesses need that I can provide at that value.
@Victouill
@Victouill 3 ай бұрын
I am a physiotherapist (from France) and I work in the same practice as my mother. By next year, I should take over the practice in my name. Currently, there are three physiotherapists and one chiropractor, and I would like to develop the practice to attract more clients, allowing me to generate better revenue without compromising the quality of care. Most importantly, I need to find a way to recruit one or two people when my mother retires. If I were to think big, the idea of opening multiple practices with several physiotherapists working in them would be a significant step towards financial independence and might allow me to have more free time to think about the next steps.
@anb2627
@anb2627 2 ай бұрын
Single biggest struggle is lead generation and sales - would love to learn more about you on this front.
@microdosingeducation
@microdosingeducation 3 ай бұрын
I'm a coach and my struggle is the business development part. Putting myself out there and letting people know about my services.
@johnnylowe885
@johnnylowe885 3 ай бұрын
Great video and a very real challenge I'm facing, I'm a freelance designer after a 10 year career in a design studio. Currently I'm working for brands like Adobe, Makers Mark, El Jimador and Bose, but I'm also doing work for local businesses where I live. The past 6 months have been 12-14 hour days trying to stay on top of things. Watching this I think I want to talk to someone who understands business and knows how to help me grow, because burnout is already onset - thanks for the insights Ali
@helloimtiff
@helloimtiff 3 ай бұрын
I just rented out my own space to build my business as a solo esthetician. my focus is on providing korean skincare treatments to my community. kbeauty is a rising market and I'm only of very few clinic in my area honed in on this. I would say the biggest challenge is finding clients willing to pay for your service in a very competitive and price war industry.
@salimahhaji8132
@salimahhaji8132 3 ай бұрын
Pick a person you want to serve, speak to their reasons and benefits for them wanting to come to you, attract and market better and build a strong brand which will make what you charge not relevant for comparison to others.
@swordkirby4838
@swordkirby4838 3 ай бұрын
My biggest struggle with running my business is finding the time in between working a full-time job and studying for my master's degree. I think my biggest takeaway from this, is going to be learning how to build processes and trusting the people around me to deliver on what I need. Thank you Ali for this video. I'll come back to this comment if God willing, I make it big :).
@thrivewithlinc
@thrivewithlinc 2 ай бұрын
This is also one of my favorite books. I started with a solo accounting practice and have since scaled to managing multiple firms. This book has provided invaluable insights along the way. Thank you for sharing 😊
@Kaiyes_
@Kaiyes_ 3 ай бұрын
Ali, this is the type of content & courses I want from you ! I'm interested about business, not productivity. Instead of Matt gray's personal branding course, I rather do this course from you & learn how to go from a programmer to a handling a proper business. I suffer from hesitation & lack of clarity the most.
@yoanaboyadjieva
@yoanaboyadjieva 3 ай бұрын
Feedback for the video: The AI generated images are not it. They are overused in all digital spaces, but they just look cheap.
@SethMSparks
@SethMSparks 3 ай бұрын
Agree. Cut the slop. It's not needed to help the story.
@nrxtfwd
@nrxtfwd 3 ай бұрын
Agree. Please remove them.
@mirceanton
@mirceanton 3 ай бұрын
Agreed. It somehow takes away from the content instead of adding to it
@thedanielgo
@thedanielgo 3 ай бұрын
I agree. I believe in the near future there will be a movement to not support AI generated images. Mad respect for Ali though. Changed my life. Thank you to Ali and the Team. Please continue doing what you do! @aliabdaal
@nicimie
@nicimie 3 ай бұрын
Exactly my thoughts! Loved the video but hated the visuals. It takes away from your own imagination too.
@navihus
@navihus 3 ай бұрын
I hope we can get more details about the three key element of successful business entrepreneur, manager, and technicians
@kj-qj9vo
@kj-qj9vo 3 ай бұрын
The book might give deeper insights….
@MarcoAntonio__Art
@MarcoAntonio__Art 2 ай бұрын
Thank you very much for your video. Addressing your question: I'm not sure about my biggest struggle, but one bottle neck I have is lack of data, knowledge, and experience. I'm in the (graphic) design and marketing/social media business. I dedicated 12+ years of my life to the former, and almost none to the latter. I'm studying and learning more about it, but in the process, I'm delaying the launch of the business more and more. I don't think I have the credibility to sell this "product" to a client yet. Anything related to graphic design, definitely; but when it comes to matters of marketing/ social media, this is where I'm struggling.
@roza4778
@roza4778 3 ай бұрын
Wow super eye opening, broken down so many concepts in an easy way. Currently in the process of starting a YT channel and in the process set up stage
@WesleyKrosing
@WesleyKrosing 3 ай бұрын
My biggest struggle is to find out where to actually start. There are so many ideas. Will definetly get this book, thanks for the recommendation!
@alexrusin
@alexrusin 3 ай бұрын
You start with what you are good at and where the money is.
@gibbk_sketch
@gibbk_sketch 2 ай бұрын
Love this video! Make more videos for growing small business and book recommendations. I've been watching your videos for years and have introduced you to friends. Great work!
@shamima5233
@shamima5233 3 ай бұрын
Ali, thank you! Super excited to read this book. I thought I was going mad spreading myself so thin doing all sorts of things for the business to the point I got burnt out. It's good to know that I'm supposed to be in three different roles in one. You asked for my biggest struggle in running a business, it's discipline without getting burnt out. You see I can wake up at 6am and work until 8pm at night, but in truth, I don't see how sustainable that is. Personally, I get burnt out, and my recovery period is far longer than I'd like it to be. I guess my question is how do we discipline ourselves in a way that 1. is sustainable for long periods, 2. master our own circadian rhythm to match that need to grow our business and 3. enjoy the process.
@JayPendragonWatches
@JayPendragonWatches 3 ай бұрын
Great video ❤ I’d love more on time management and setting priorities as a (still) solopremeur. The PTYA already helped a ton 😊 highly recommend!
@joanaremane3786
@joanaremane3786 3 ай бұрын
Thank you a lot for this input! It clicked me, as a small business owner who is actually the business technician… I would love to be blessed with more videos in this matter. Also, I didn’t know the that book, thank you a lot!
@ireallyloveviola
@ireallyloveviola 3 ай бұрын
Btw I love the background music. I used to have hard time listening to you talking SO fast but with a calm music it balances out the energy 🦭
@BrunoBergamaschi
@BrunoBergamaschi 3 ай бұрын
Informação útil para brasileiros: o livro em português se chama “O Mito do Empreendedor” e está disponível na Amazon ou no Mercado Livre. 🇧🇷📚
@AndyBirdBuilds
@AndyBirdBuilds 3 ай бұрын
Great video! This book was such a gamechanger for me and my business. How do you personally think through creating a process for your business? Do you start at the end result you want and reverse engineer it? Start with a hypothesis and adjust overtime?
@jenniferressmannwriter
@jenniferressmannwriter 3 ай бұрын
I have been in biz for myself for over 20 years. And I'm good at the admin/management but I found the best biz to run for a solo was careers that didn't require too much management. Stuff that has repeating clients is my favorite. Marketing takes too much time and or expense for a biz that isn't something people really want. I had a small cleaning biz for 20+ years and it was 5he same people, same schedule, same pay every month.
@silviulife
@silviulife 3 ай бұрын
Hi Ali, my single biggest struggle on starting a business is not believing that it'll work out and I'll end up struggling financially instead. But I guess that's my own issue and I'll ned to get past it one day.
@mwaiwathu
@mwaiwathu 3 ай бұрын
This feels like it can also help you if your goal is to expand your role in an existing business.
@Jaquelines_journey
@Jaquelines_journey 3 ай бұрын
I believe that I can build a business, but what stopped me was more internal. Which I’ve had to do a lot of inner work on worthiness. Now I’ve started doing KZbins & have several others prepped to go 😊 This was super helpful for me as I’m just getting started. Thank you
@ideas4better
@ideas4better 21 сағат бұрын
I loved the E-Myth and your recap was a great reminder. I remember the triple threat roles as EMT, which I thought you might appreciate 🥼 My biggest struggle in starting a business is knowing what to focus on first. As many businesses struggle with time for all the things; I design solutions to save time, boost revenue and simplify work (much was inspired from the E-Myth). The balance between working ON the business and IN the business is a challenge when, well, I need income to start. Thanks for asking!
@LaResistenciaEDC
@LaResistenciaEDC Ай бұрын
I really enjoy this book club format and also reading from the book while underlining key sentences. Thanks Ali 🙏🏻
@ImCalebRosengard
@ImCalebRosengard 3 ай бұрын
Thanks for showing me I’m never gonna be more than a technician, I hate the whole idea of using systems rather than personalizing my customer’s experience
@ImCalebRosengard
@ImCalebRosengard 3 ай бұрын
And I hate the fact doctors use systems rather than investigating what actually is happening, I was let down by the entire medical system for two years because of this laziness on doctors part
@michalhrehus4155
@michalhrehus4155 3 ай бұрын
Your book club is changing the way I view my business. Thanks. I would like to see more videos on burnout and building offer and marketing.
@andrewthedentist1424
@andrewthedentist1424 3 ай бұрын
Great recap of the book! As a small business owner, I would love your insights into hiring/building/managing your team. Things can go really well when you've got a great team, but finding the right people is really challenging.
@successway6789
@successway6789 3 ай бұрын
it is a 2004 book; 1st published in 1995 always thought tt it may have lost its relevance but wow, did not know it is still so relevant! many thanks for the summary!
@cellojoe
@cellojoe 3 ай бұрын
Advice for musicians and music business please - wedding DJs, corporate events, streaming, original music
@bintAmira
@bintAmira 3 ай бұрын
So glad you covered this book! It was pretty pivotal when I started out in business
@MathletebySaad
@MathletebySaad 2 ай бұрын
I have a small business where I make and sell courses and give live classes online to O and A level students. Problem is the whole thing is built around me and as you’d know in that kind of situation it’s difficult to scale and manage online teaching along with making KZbin videos. Having said all that I’m grateful for where I’ve come but I want to keep on improving and taking on new challenges so that I keep enjoying it and stay on my toes
@mardirousi
@mardirousi 3 ай бұрын
Great content. As an entrepreneur of 25+ years, I can definitely relate to the mistakes. For far too long, I was the owner of a job and not a business. To this day, I need to be careful not to slip back into that trap. Keep up the good work!
@CorinneClassic
@CorinneClassic 3 ай бұрын
This is interesting. I read this book when you first mentioned it, brought it on vacation, and I felt it gave nothing new that isn’t out there already. I am glad it was meaningful to you and that you were able to use it. Some books speak more to some than to others.
@amymcnabb
@amymcnabb 3 ай бұрын
Great video! I’d love more insight on how to systematize a service based business, like coaching. It’s hard to make it super personal since my superpower is listening, finding patterns in behavior, and giving personalized advice.
@mariamnagujjatheladiesguid8757
@mariamnagujjatheladiesguid8757 3 ай бұрын
I listened to that book in 2010 and I failed to understand it😅😅... But Ali has nailed it... Thank you boss
@shayan4197
@shayan4197 3 ай бұрын
I needed this so much. Even though I've read the summary of this in the past, it still is fresh and reminded me what I need to not do
@bambitsunami4165
@bambitsunami4165 3 ай бұрын
Starting a business! This video might be a little advanced for me, but I think I still find it helpful! My biggest struggle: picking an idea for a business, maybe? But I'm reading Million Dollar Weekend and Million Dollar Fastlane (again) since you recommended these two for people starting a business, and these books have been helpful for coming up with ideas. My biggest struggle now is making the time to try out the ideas, but I think I'm figuring that out too.
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