The Best Book I've Ever Read about Making Money

This video is an overview of one of the best books I've read that tackles creating a profitable business and getting out of the rat race-The Millionaire Fastlane by MJ DeMarco.
Get the book here: geni.us/o1uBB
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00:00 Intro
00:33 Avoid the slow lane
04:10 Work the process
05:04 Build money trees
10:27 Switch from being a consumer to a producer
12:01 Show commitment, don't just show interest
14:46 1. The commandment of need
15:09 2. The commandment of entry
16:18 3. The commandment of control
17:06 4. The commandment of scale
18:01 5. The commandment of time
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I’m Ali, a KZreadr, podcaster, soon-to-be author and ex-Doctor working in London, UK. I make videos that explore the strategies and tools that help us live happier, healthier and more productive lives. I also have a weekly podcast called Deep Dive (kzread.info/dron/hfo.html..., and I write a weekly email newsletter that contains some quick thoughts + links to interesting things (go.aliabdaal.com/subscribe-su....
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Пікірлер: 1 300

  • @aliabdaal
    @aliabdaal2 жыл бұрын

    If you enjoyed this video, you might like my weekly newsletter, where I share actionable productivity tips, practical life advice, and high-quality insights from across the web, check it out here: go.aliabdaal.com/subscribe-sundaysnippets

  • @juststop9125

    @juststop9125

    2 жыл бұрын

    Alright

  • @usmantvvlogs6852

    @usmantvvlogs6852

    2 жыл бұрын

    Ok

  • @keithdmello

    @keithdmello

    2 жыл бұрын

    Great How to Book of Need Entry Control Scale

  • @masternobody1896

    @masternobody1896

    2 жыл бұрын

    best way to get rich is youtube - a harvard student told me

  • @masternobody1896

    @masternobody1896

    2 жыл бұрын

    this book is also very famous from james jani

  • @EnigmaEarningsExpedition
    @EnigmaEarningsExpedition9 күн бұрын

    The fact that nobody talks about the forbidden book Making Money Your Reality speaks volumes about how people are stuck in a trance

  • @Mrfunny663vnb83

    @Mrfunny663vnb83

    4 күн бұрын

    Scammer

  • @TheGamingAlong
    @TheGamingAlong2 жыл бұрын

    Thinking like a producer instead of a consumer has honestly changed my life.

  • @PowFlix

    @PowFlix

    2 жыл бұрын

    how. you comented literally on the same day as the video uploaded.

  • @stachowi

    @stachowi

    2 жыл бұрын

    Selfish people are consumers, empathetic/selfless people are producers.

  • @10lbslighter

    @10lbslighter

    2 жыл бұрын

    @@PowFlix coz this is how they get followers- lol

  • @heinaye3594

    @heinaye3594

    2 жыл бұрын

    @@PowFlix it's from the book.

  • @navalravikant7339

    @navalravikant7339

    2 жыл бұрын

    @@PowFlix because the book was published way before?

  • @anajarju3073
    @anajarju30732 жыл бұрын

    Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life below ⬇️

  • @anajarju3073

    @anajarju3073

    2 жыл бұрын

    Kudos everyone--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- THESPACEHACKERS *COM ??? DO YOU THINK I WOULD BE ABLE TO GET TO MY SAID GOAL BY JOINING THEM!? So FAR ITS BEEN A CLEAR COAST TO TAKE.

  • @anajarju3073

    @anajarju3073

    2 жыл бұрын

    Kudos everyone--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- THESPACEHACKERS *COM ??? DO YOU THINK I WOULD BE ABLE TO GET TO MY SAID GOAL BY JOINING THEM!? So FAR ITS BEEN A CLEAR COAST TO TAKE.

  • @anajarju3073

    @anajarju3073

    2 жыл бұрын

    Kudos everyone--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- THESPACEHACKERS *COM ??? DO YOU THINK I WOULD BE ABLE TO GET TO MY SAID GOAL BY JOINING THEM!? So FAR ITS BEEN A CLEAR COAST TO TAKE.

  • @Waqas_Hamza

    @Waqas_Hamza

    Ай бұрын

    👍

  • @kewitangold

    @kewitangold

    4 күн бұрын

    Hell?

  • @leonradman7473
    @leonradman7473Ай бұрын

    greetings to everyone and greetings Ali, thank you for the brilliant video, I would add the mysterious book Astro Money Alchemy, which tells the great secrets of money and making it, it is simply brilliant, and thank you once again for such a good video

  • @Waqas_Hamza

    @Waqas_Hamza

    Ай бұрын

    👍

  • @andrewleonardi3351
    @andrewleonardi3351 Жыл бұрын

    I read this book 8 years ago and it changed my life entirely. I learned to code and made a very profitable passive business entirely based on this advice.

  • @OstretsovArtem

    @OstretsovArtem

    Жыл бұрын

    Share the link with us pls

  • @sameerroshan9542

    @sameerroshan9542

    Жыл бұрын

    what kind of business? hows it passive?

  • @andrewleonardi3351

    @andrewleonardi3351

    Жыл бұрын

    @Mohammad Al-Shuwaiee The Millionaire Fastlane

  • @robinfelix3879

    @robinfelix3879

    Жыл бұрын

    I m a software engineer, how did you do it? Few tips might help us

  • @idunusegoogleplus

    @idunusegoogleplus

    10 ай бұрын

    ​@@robinfelix3879I doubt he will since the business probably doesn't want too many competitors hah. Getting rich is not easy after all! Figure it out yourself!

  • @josuemedina4967
    @josuemedina49672 жыл бұрын

    00:00 Intro 00:33 Avoid the slow lane 04:10 Work the process 05:04 Build money trees 10:27 Switch from being a consumer to a producer 12:01 Show commitment, don't just show interest 14:46 1. The commandment of need 15:09 2. The commandment of entry 16:18 3. The commandment of control 17:06 4. The commandment of scale 18:01 5. The commandment of time

  • @donpoco

    @donpoco

    Жыл бұрын

    @Abdullah Mubeen joe mah mah

  • @jaidenrichert

    @jaidenrichert

    Жыл бұрын

    but why?

  • @Veducation

    @Veducation

    Жыл бұрын

    @@jaidenrichert Those are because of his comment.

  • @Waqas_Hamza

    @Waqas_Hamza

    Ай бұрын

    👍

  • @adamdittrichone
    @adamdittrichone2 жыл бұрын

    Building *Money Trees* and *disconnect time from money* are my most valuable lessons. Revisited my notes from 2020 because of this video. Glad I got some more value out of this book because of this. thanks! ✌🏻

  • @CaptainSinbad
    @CaptainSinbad2 жыл бұрын

    Ali is making me fall in love with the teal and orange grade all over again. You are the son my parents deserved Ali 😆

  • @AparnaGurudiwan

    @AparnaGurudiwan

    2 жыл бұрын

    This 😹

  • @raia9

    @raia9

    2 жыл бұрын

    teal and orange? don't get it

  • @tmcafrosounds

    @tmcafrosounds

    2 жыл бұрын

    @@raia9 he’s talking about the colour grade Ali is using on his new videos

  • @thesnscorner269

    @thesnscorner269

    2 жыл бұрын

    Heck ya

  • @Carroty_Peg

    @Carroty_Peg

    2 жыл бұрын

    @@ChrisDhegarty Check the terrifying IFR rate of 99.7% survival rate. Quake in your boots.

  • @marianparker7502
    @marianparker75022 жыл бұрын

    The market is driven by; Narratives and emotions in the short run, Fundamentals and truth in the long run. Use this to your advantage.

  • @instinctively_awesome8283

    @instinctively_awesome8283

    2 жыл бұрын

    Good to remind people of this right now. you buy on fear and sell on greed or just hold through it all for the long term. It’s easy but many forget

  • @marianparker7502

    @marianparker7502

    2 жыл бұрын

    @@wiebeplatt4749 sounds interesting. how can one locate this your coach please?

  • @edgarfabianfrias
    @edgarfabianfrias2 жыл бұрын

    As someone who is SUPER new to starting to think of themselves as a business person and feeling a bit overwhelmed with how there is to know about it, this has been really helpful and validating! Thank you so much fo the work that you do to create this content! You have such a calming and fun way of explaining concepts that can feel dense or difficult to understand!

  • @FastlaneMJ
    @FastlaneMJ2 жыл бұрын

    Ali, really appreciate the review. In all the video/blog reviews of TMF (and there have been many!) yours was the best and covered all essential topics. Great job my friend, and a big congrats on your growing empire!

  • @HectorKenzo

    @HectorKenzo

    2 жыл бұрын

    Your book is awesome MJ! I still lack commitment but it changed my take on Life.

  • @humbleambition

    @humbleambition

    2 жыл бұрын

    Yep he did a great job. Just bought the book on Audible 🙂

  • @lifeplantips

    @lifeplantips

    2 жыл бұрын

    Now I have to look for the book.

  • @snatchmonkeygurl

    @snatchmonkeygurl

    2 жыл бұрын

    In the middle of reading TMF and I am hooked. Its made me see myself in a different light. I badly want to change my life now

  • @dnwanja

    @dnwanja

    2 жыл бұрын

    Fantastic book MJ🙌

  • @jodisnyder460
    @jodisnyder4602 жыл бұрын

    Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life

  • @davidmark6520

    @davidmark6520

    2 жыл бұрын

    You are right, to be a successful person in life requires hard work, being focus and committed

  • @estheralvarez5496

    @estheralvarez5496

    2 жыл бұрын

    I've been thinking of going into some kind of investment like Gold, Stock and Cryptocurrency I don't know which one is best at the moment

  • @jodisnyder460

    @jodisnyder460

    2 жыл бұрын

    @@estheralvarez5496 I would advice cryptocurrency own my own side it's been very profitable using my tactics

  • @richiesmart5197

    @richiesmart5197

    2 жыл бұрын

    I agree with you it has been an eye-opening experience :)

  • @thomasbright4551

    @thomasbright4551

    2 жыл бұрын

    Investment is the key to achieving success with the current pandemic

  • @juliansyga5486
    @juliansyga54862 жыл бұрын

    "The hard work does not have to mean suffering." Really enjoy your videos and your perspective!

  • @adeoayoola
    @adeoayoola2 жыл бұрын

    This book was unbelievable. Not one sentence was wasted and it was written with very direct prose and real life examples. Totally mind-blowing, best business book I've ever read

  • @user-bs7vo3be6g

    @user-bs7vo3be6g

    9 ай бұрын

    This is arguably the most repetitive book I've ever read. I can't believe you think not one sentence was wasted.

  • @apscis_3417

    @apscis_3417

    8 ай бұрын

    @@user-bs7vo3be6gAgree. Some useful advice, but waaayy too much time spent ragging on the “slow lane approach.”

  • @arunk2710

    @arunk2710

    7 ай бұрын

    ​@@user-bs7vo3be6g Repetition in different contexts helps with better understanding. People who downvote a book just because it's repetitive are probably reading for pleasure and are on the hunt for new stuff.

  • @kidmillionaire-dd1111

    @kidmillionaire-dd1111

    6 ай бұрын

    This Book is TRASH! In the Time I read MJ non stop ranting I could have done Work, or Achieved Mastery in a Money SKill. We need to stop Promoting this Book!

  • @Waqas_Hamza

    @Waqas_Hamza

    Ай бұрын

    👍

  • @StupidIsTheNorm
    @StupidIsTheNorm2 жыл бұрын

    I did a video recommending my 4 best self help books to buy. Both the E Myth and Fast Lane were on there. The other two were Shad Helmsteter’s ‘what to say when you talk to yourself’, and the other was ‘The richest man in Babylon’. Great video mate

  • @MrUniqueLiving
    @MrUniqueLiving2 жыл бұрын

    Whoa, I read the book like 12 years ago. I need to read it now that I'm much older and wiser. Thanks for making this video.

  • @Saurankhan24
    @Saurankhan242 жыл бұрын

    I take Ali's advice more than other KZreadrs.I really enjoy your books and business stuff. can't thank you more. you are such a motivator with logical reasons and words.

  • @2passportsandpostcards
    @2passportsandpostcards Жыл бұрын

    Single handedly my the best entrepreneurship book out there.

  • @JackCalvinRoss
    @JackCalvinRoss2 жыл бұрын

    Been watching your channel for years and I’m still blown away how amazing your videos have become. This was one of the most entertaining and valuable book reviews I’ve seen so far. Even the ad read was gripping dude. Need to learn how you do it. See you in PTYA.

  • @Rafael-rf1sp
    @Rafael-rf1sp2 жыл бұрын

    I'm currently living with my parents and I disturb them all day by telling what I read everyday . I think unknowingly it is a great way to remember what you read. And now I’m currently about 80% through "Playbook to Millions by Grant Cardone. I have read a lot of entrepreneurial books and self improvement books, and this book is my absolute favorite. This book is extraordinary and really gets you to work extremely hard toward your goals in life and succeed at multiple different areas like personal finance, business and career. This is an absolute must buy if you need a push to get you going in business or you want more out of life.

  • @caroldolan1485

    @caroldolan1485

    Жыл бұрын

    Hope you’re paying rent and your own way while disturbing g them;)

  • @mandybrent4456
    @mandybrent44562 жыл бұрын

    I am extremely glad I was able to join in when I did. , basically the best decision I ever made this year, never been so happy⬇️

  • @mandybrent4456

    @mandybrent4456

    2 жыл бұрын

    ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ With everything so taxable, almost no point in doing it entering a scalp trade and gotta take into account risk plus a hefty chunk of profit taken for tax but with the support of THESPACEHACKERS𒊹︎COM platform all this are soft to handle for them..

  • @mandybrent4456

    @mandybrent4456

    2 жыл бұрын

    ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ With everything so taxable, almost no point in doing it entering a scalp trade and gotta take into account risk plus a hefty chunk of profit taken for tax but with the support of THESPACEHACKERS𒊹︎COM platform all this are soft to handle for them..

  • @abbys_house
    @abbys_house2 жыл бұрын

    I cannot really skip any part of your videos. Thanks for deciding to do this full time. You're an inspiration, Ali! Love from Philippines!

  • @wordsofinsight5456
    @wordsofinsight54562 жыл бұрын

    Great summary. I believe good timing is the chief factor that is often forgotten. If your timing is good, you can grow any business. However, if the timing is not right, no matter what you do, you can fail. Therefore, we should be smart and develop a sense of following what is going on around us to catch opportunities on time.

  • @damancandance1
    @damancandance12 жыл бұрын

    interesting to see ali be flustered describing his experiences with "hustle culture". it's a difficult position, because his life and upbrining were very different from the average viewer who didn't have great study skills and great confidence to see any meaningful output of thier hard work. this empty hustle activity for most people only compounds their reluctance for "the hustle" as they get older. i definitely don't fault him, but i think it's hard to speak to the average person's experience with hustles when i believe ali's habits and mindset, because they're so effective, took a lifetime to develop, nurture and hone.

  • @thapelonelsonntlhabo5998
    @thapelonelsonntlhabo5998 Жыл бұрын

    Thanks for another detailed and entertaining book summary. When it comes to book reviews you are one of the best, if not the best.

  • @RestyConcepcionJr
    @RestyConcepcionJr2 жыл бұрын

    Amazing content (and backlight). Love the idea of the money tree. I have 2 on my list - courses and stock music. Keep it up bro!

  • @traveltomoney
    @traveltomoney2 жыл бұрын

    A producer mindset is so important. I've never heard that particular phrasing, but it feels like the biggest difference between people who are building and people who are losing. And you're so right ... working hard can be FUN!!!

  • @Sabikakayastha
    @Sabikakayastha2 жыл бұрын

    Yes that's my favourite book as well. MJ Demarco is really a straightforward author and entrepreneur.

  • @BlindtoBillionaire
    @BlindtoBillionaire2 жыл бұрын

    Thank you so much for the review! I just finished reading this Book last night, it was great! I’m actually probably going to read it again starting today, there were so many great points! I was not aware of this book until I watched this video. It was funny and entertaining, as well as educational and a lot of great business ideas within it. Thanks again!

  • @mikevarga2058

    @mikevarga2058

    2 жыл бұрын

    @@zakyizak5309 are you a billionaire now ?

  • @mikevarga2058

    @mikevarga2058

    2 жыл бұрын

    Blind, are you a billionaire now after reading this book? I bet you are!! I think I saw your picture in Forbes.

  • @kittykittyluvme3525

    @kittykittyluvme3525

    2 жыл бұрын

    @@mikevarga2058 😂

  • @kittykittyluvme3525

    @kittykittyluvme3525

    2 жыл бұрын

    @@mikevarga2058 how about you

  • @kittykittyluvme3525

    @kittykittyluvme3525

    2 жыл бұрын

    @@mikevarga2058 you still alive?

  • @bradd5961
    @bradd59612 жыл бұрын

    Love these book reviews. Really great idea and useful info. Well done.

  • @dulanadewpura4788
    @dulanadewpura47882 жыл бұрын

    I Bought this book after watching this video, and by far it is the best book that i have ever read in my entire life. Really great book, tons of stuff to learn. THANK YOU so much for sharing this!!!

  • @JeanSeptember25
    @JeanSeptember252 жыл бұрын

    This was a long summary but if it intrigues me enough to wanna read this book, then I think the summary has served its purpose! 👍🏼 Also please don't air quote successful and hardwork, on yourself Ali. You put it in the effort and discipline to get to where you are. Own it. You deserve it. :)

  • @abidullahofficialyoutube7927
    @abidullahofficialyoutube79272 жыл бұрын

    I read his book "unscripted". He is a gifted writer

  • @AJohnson0325
    @AJohnson03252 жыл бұрын

    I saw this book as a book recommendation on bigger pockets. I love book recommendations but I tend to buy books much faster than I can read them. I purchased this book and haven’t read it yet. I also just purchased the Psychology of Money due to your video.

  • @atulabid5029
    @atulabid50292 жыл бұрын

    You kinda give me the motivation to get doing my stuff. Hopefully you keep making videos man.

  • @harisghole
    @harisghole2 жыл бұрын

    This was such an amazing video, Ali! Perfectly summarised the book.

  • @agnusturcotte3897
    @agnusturcotte38972 жыл бұрын

    Just found you ! I'm trying to start a blog & I am loving your content!

  • @intentionalliving7326

    @intentionalliving7326

    2 жыл бұрын

    That is so awesome! 👏🏻👏🏻 That is something I am looking into adding to my online presence!

  • @bilalmalik-copywriterconte270

    @bilalmalik-copywriterconte270

    2 жыл бұрын

    Best of luck for the blog 👍

  • @itsmekarishma_____128
    @itsmekarishma_____128 Жыл бұрын

    Thank you so much for creating this video, it was wonderful to get to know how wealth actually works and how to build our way around it, love the video!

  • @AFclubs
    @AFclubs2 жыл бұрын

    Thank Ali. Super helpful, I was skeptical 🤔 but now I’m clear about this book.

  • @mohammed-Ihsan
    @mohammed-Ihsan2 жыл бұрын

    That was helpful! Thank you!

  • @hassanalikhan2233

    @hassanalikhan2233

    2 жыл бұрын

    Avoid this man who is giving his Whatsapp number and pretending to be as Ali Abdaal

  • @10lbslighter

    @10lbslighter

    2 жыл бұрын

    @Narendra Kumar Mourya yesss bots and paid likes / comments .. If you keep looking at his other videos you'll see same people making same comments over and over again..

  • @abcddilse9722
    @abcddilse97222 жыл бұрын

    Your last recommended ‘The unfair Advantage’ was worth a million Ali n this one seems to be as valuable. You rock buddy👍👍👍

  • @deannahenry8925

    @deannahenry8925

    2 жыл бұрын

    Hey what is it about

  • @twowheelsandcroissant
    @twowheelsandcroissant10 ай бұрын

    love how you summarize the book into actionable plans, makes me even more interested to read the details and put things into practice.

  • @amanda.strutt
    @amanda.strutt2 жыл бұрын

    I really appreciate this! Even the break down of what "quick" actually means...I know it's basic but it helped me see a few things differently as normally I'm already eye rolling by now with the click bate type of titles and grabs... this was good! Thank you!

  • @shafayat1676
    @shafayat16762 жыл бұрын

    1:05 3 path 2:21 trap slow lane Lession 2 4:11 5:07 build money tree 5:40 type of money tree 10:30 be producer 11:55 book 14:40 5 commandment

  • @MrMsrahman24
    @MrMsrahman242 жыл бұрын

    This is such a brilliant book. Best book out there to shift mindset!

  • @MrZola1234
    @MrZola12342 жыл бұрын

    The cut to the commercial at 8:35 ish was the best-least ubrupt commercial break i have seen in a KZread video.

  • @MelloDeeBeats
    @MelloDeeBeats2 жыл бұрын

    Thank you, this was extremely informative. I have to buy this book now

  • @milesnordwall
    @milesnordwall2 жыл бұрын

    Ali you do such an amazing job creating content that is engaging and overflowing with value

  • @bbb_888

    @bbb_888

    2 жыл бұрын

    But he talks pretty fast, not good for ESL people or slow listeners...

  • @rizbanbhattarai4399
    @rizbanbhattarai43992 жыл бұрын

    Love the review this book sounds very similar to 10 pillar of wealth

  • @musicandsoundforhealth7108
    @musicandsoundforhealth71082 жыл бұрын

    Maybe a long summary but you were good in talking fast yet clearly enough to understand all the points. Great work, thanks

  • @ramseyaaronr
    @ramseyaaronr2 жыл бұрын

    Great advice! Thank you for sharing your wisdom!!

  • @MarkNealJr
    @MarkNealJr2 жыл бұрын

    I really like this book. I read it and you gave a great summary of it. I find it funny that we both think you have to read some parts with a grain of salt lol!

  • @rauniyarujjwal
    @rauniyarujjwal2 жыл бұрын

    2:09 " You can enjoy your retirement at the age of 65 when you have osteoarthritis in both of your knees. " : ( This is what motivates me to workaholic in my 20's ; )

  • @simonfernandes6809

    @simonfernandes6809

    14 күн бұрын

    You can afford to play for total knee replacements. Problem solved!

  • @xinnanluo3296
    @xinnanluo32962 жыл бұрын

    I almost watched every video you published, very inspiring, thank you so much for your sharing.

  • @InvestWithQueenie
    @InvestWithQueenie2 жыл бұрын

    Awesome book review! I’m going to add this one to my audible cart ☺️

  • @letsstarttogather6701
    @letsstarttogather67012 жыл бұрын

    Ali, You're so lucky that you have thousands of friends from all over the world. So much love for all hardworking students. I am so excited to be connected with friends from different regions. Ans I need ur kind support ❤😊

  • @10lbslighter

    @10lbslighter

    2 жыл бұрын

    lol - new account created for a fake comment coming from god knows where ..

  • @RandallHallKaizenReiki
    @RandallHallKaizenReiki2 жыл бұрын

    The interesting part about the Law of Effection is that it applies to employees as well as entrepreneurs. Your employer pays you based on how much effect you have on others and how many are affected. That's why the CEO gets paid so much more than the janitor. The janitor's effect is that the people he cleans up for don't have to do it themselves. The CEO affects all of the employees and all of the customers.

  • @ritadepalma888
    @ritadepalma8882 жыл бұрын

    Thanks for all your information about creating "passive income business". I saw you on Lewis Howes and now I'm following your You tube and blog. I have this book but have not read yet, I will! I've been working on "passive income business and REI investing" for 11 mos now. I'm learning so much. My "career" is Nurse Practitioner and the Medical Field has burned me out, especially during all this pandemic. I'm having a blast building my businesses and people like you are helping tremendously! Thank you!

  • @zizio.1776
    @zizio.17762 жыл бұрын

    My Fave book of all time! This is the best analysis of it I have seen, great job.

  • @Hamza97
    @Hamza972 жыл бұрын

    life changing book

  • @aliabdaal

    @aliabdaal

    2 жыл бұрын

    Yes mate, Jeffrey would love it too

  • @MS-kx5ey

    @MS-kx5ey

    2 жыл бұрын

    This is sick 😂😂

  • @Pikapop26
    @Pikapop262 жыл бұрын

    Yeah, this is the reason why I subscribed to this channel. Thanks for standing up to that potential again.

  • @joaquinsanchez3722
    @joaquinsanchez37222 жыл бұрын

    Thanks for the part where you talk about hard work! Kinda getting discouraged sometimes when business doesn't seem to be doing as good as prev weeks but consistency really is key and hard work really pays off ++ enjoying your work 😁 Rest when you have to and love the process ❤️

  • @StevenKuo916
    @StevenKuo9162 жыл бұрын

    Much appreciated, Ali. Always extract the best things to share with us!!

  • @Dontbealemmingthinkforyourself
    @Dontbealemmingthinkforyourself2 жыл бұрын

    I agree, it’s my favorite book and I’ve read it several times.

  • @livecamtravel8386

    @livecamtravel8386

    Ай бұрын

    Me too

  • @marika9460
    @marika94602 жыл бұрын

    Love Ali's breakdown of books!

  • @WealthGambit
    @WealthGambit2 жыл бұрын

    Great recap, I actually listened to the audio book. Watching this video recapped some points I missed 👍🏼

  • @BrendanEvan
    @BrendanEvan2 жыл бұрын

    This was a great summary, thanks Ali!

  • @tommapett
    @tommapett2 жыл бұрын

    Listened to it on Audible few months ago! Thanks for a great summary, it was good to refresh the memory!

  • @MuhammadAli1O
    @MuhammadAli1O2 жыл бұрын

    Please make more amazing videos like that.

  • @ShewedDude
    @ShewedDude Жыл бұрын

    This book is exactly what i need.. My psychology on money has always been this but could never be sure i was right.

  • @AK-47ISTHEWAY
    @AK-47ISTHEWAY4 ай бұрын

    This is probably the best video summary i've ever seen about this book 👍

  • @aryan_01
    @aryan_012 жыл бұрын

    Authors like MJ are pretty rare. His honesty level is just commendable!

  • @aiiabdaal6863

    @aiiabdaal6863

    2 жыл бұрын

    Plus

  • @aiiabdaal6863

    @aiiabdaal6863

    2 жыл бұрын

    1989:565

  • @aiiabdaal6863

    @aiiabdaal6863

    2 жыл бұрын

    26:80

  • @rnrtrd3685

    @rnrtrd3685

    2 жыл бұрын

    Guys Suggest me some best self help books which works in all areas of life please 🙏

  • @deannahenry8925

    @deannahenry8925

    2 жыл бұрын

    He is an inspiration for all young people

  • @samsulh314
    @samsulh3142 жыл бұрын

    Commitment is the hard part. It’s hard to work 40 hours/week, handle family responsibilities, chores, errands, exercise, sleep, AND work on your side hustle.

  • @7214Daniela

    @7214Daniela

    Жыл бұрын

    THIS

  • @abdiwahabbissle652
    @abdiwahabbissle65210 ай бұрын

    Hi Abdaal, You are really amazing, honest and you're making impact to our mid set. Thank you so much Man!

  • @mwiederrecht
    @mwiederrecht2 жыл бұрын

    I saw this video about a week ago.... bought the book and read it..... and wowwwww it was so good. Thanks for the recommendation! Now off to read it again.

  • @FT4YOU
    @FT4YOU2 жыл бұрын

    My alltime favorite book, it has literally changed my life!

  • @intentionalliving7326

    @intentionalliving7326

    2 жыл бұрын

    Wow! Congratulations on coming across this book early on. I am just listening to it for the first time and can’t wait to integrate the strategy here ✨

  • @shivendrasingh8484
    @shivendrasingh84842 жыл бұрын

    Thanks for the summary man but most of these ideas are already available or shared on social platforms. Didn't really find a unique one. Anyway, keep up the good work!

  • @10lbslighter

    @10lbslighter

    2 жыл бұрын

    dude - this guy is a sham. Look at the comments on his videos - same repeating comments from same / new multiple accounts.Use your logic and reasoning ..this guy has severe attention seeking deficiency.

  • @dafimed
    @dafimed2 жыл бұрын

    Love ur recomendations, will read it!!

  • @mike6374
    @mike6374 Жыл бұрын

    65 year old: Ah, I finally retired. Time for my vacation! Osteopetrosis: Oh! I am coming too!

  • @the1yearexperiment
    @the1yearexperiment2 жыл бұрын

    Man... this made me actually take a shot at building a product as a side business.. Not sure if very smart or very naive

  • @johnthompson3530
    @johnthompson35302 жыл бұрын

    Wow what a great video. Thanks Ali. Will look at reading the book. Your channel looks really good too. Thanks

  • @manasiprp
    @manasiprp2 жыл бұрын

    You've an incredibly amazing voice & the fact that you run many different businesses successfully is very inspiring!!

  • @postwala2667
    @postwala2667 Жыл бұрын

    I personally think one should be connected with TIME in atleast one area where you are called expert. The expertise generates cashflow especially during bad times and good times without having assets and money trees, gives confidence and above all the Respect and confidence. Infact its the center to building wealth. You have one area connected with TIME and rest can be disconnected.

  • @dinanit
    @dinanit2 жыл бұрын

    This video shook me. I was not aware of having the consumer mindset, I am wondering if I can train it to become a producer; it seems like some people are naturally more inclined towards one or the other. Ali's videos have become so professional - the image quality and the contents (so to the point and efficiently presented) have greatly improved since the earlier days; it's a joy to observe that. The funny thing I noticed is the speed of Ali's speech - unlike other videos on youtube that I watch at least 1,5x speed, I almost want to slow down Ali's to process the information. Thoroughly enjoyed this one, let's see what I can do with the information I learnt 🙂

  • @Kohli_Ishan
    @Kohli_Ishan2 жыл бұрын

    Thanks for sharing this video Ali💯💯

  • @llllllllllllllllll663
    @llllllllllllllllll6632 жыл бұрын

    Ordered 😀Thank you for the book review.

  • @brettbeckwith5187
    @brettbeckwith51872 жыл бұрын

    This is the book that got me into entrepreneurship. Highly recommend it to everyone.

  • @sameerroshan9542

    @sameerroshan9542

    Жыл бұрын

    what did you build? is there more in the book than the summary?

  • @ErikaSteele1
    @ErikaSteele12 жыл бұрын

    Hands down my favorite business book!

  • @intentionalliving7326

    @intentionalliving7326

    2 жыл бұрын

    🤩 so happy I came across this! Can’t wait to listen to it!! 🤗

  • @isareepirom-opas8453
    @isareepirom-opas84532 жыл бұрын

    Had the book for years and never finished it. Thank god for your book club

  • @HealthyBearded
    @HealthyBearded10 ай бұрын

    i just started reading this book because of you and I am loving it thanks bro.

  • @indujain1424
    @indujain14242 жыл бұрын

    Thank You so much for the Knowledge and Time Ali, Very Much Helpful, Keep It Up.

  • @philipmcauley
    @philipmcauley2 жыл бұрын

    I watched this video at 2x so I'm already in the fast lane buds.

  • @intentionalliving7326

    @intentionalliving7326

    2 жыл бұрын

    🤭 2x Ali speed?!! 🙌🏻😁

  • @amitsingh-ox4uo
    @amitsingh-ox4uo2 жыл бұрын

    Man your production Quality is so good.Like MJ falls in love with Lamborghini in the book,I love your production Quality.

  • @TarynBell
    @TarynBell2 жыл бұрын

    The forum is amazing. I’ve been a member for several years

  • @usmantvvlogs6852
    @usmantvvlogs68522 жыл бұрын

    Amazing video bro ❤️ keep up the good work ❤️ You're communication skills are amazing :)

  • @intentionalliving7326

    @intentionalliving7326

    2 жыл бұрын

    So true!! Lots of experience and practice 👏🏻👏🏻😍

  • @ChristianAagnes
    @ChristianAagnes2 жыл бұрын

    While watching this video I realised that I am more interested than committed (ie not putting in enough hard work) into my side business. Thank you so much for the valuable lessons and advice:)

  • @Killshot282

    @Killshot282

    2 жыл бұрын

    What is your side business? Just curious

  • @intentionalliving7326

    @intentionalliving7326

    2 жыл бұрын

    That is a great realization! Sometimes it takes us years to get there! Congratulations 👏🏻 Now you can decide ✨Remember it is a process and you already have gained a lot of experience and wisdom in that domain

  • @ChristianAagnes

    @ChristianAagnes

    2 жыл бұрын

    @@Killshot282 I am selling math courses online mostly for high school students and I am also currently writing a book on a specific math competition held in Norway which I am intending on selling to schools around the country.

  • @Killshot282

    @Killshot282

    2 жыл бұрын

    @@ChristianAagnes congratulations on starting your own hustles. I was looking into starting a side hustle very soon. U have any tips?

  • @MohammedAbbasPLUS

    @MohammedAbbasPLUS

    2 жыл бұрын

    @@ChristianAagnes Do you have website?

  • @dogmomlifexoxo
    @dogmomlifexoxo Жыл бұрын

    I knew there was another faster way than the grandparent way!!!! 🎉🎉🎉 I’m getting my the book thank you!

  • @barandbeyond3763
    @barandbeyond37632 жыл бұрын

    Do i need to buy the book now? Learnt alot from what you said x

  • @donkavientrepreneurship
    @donkavientrepreneurship2 жыл бұрын

    Excellent summary, I think we’re almost all taught to go to college, get a job, and save money to slowly become a millionaire. My favorite parts of your video are when you explain the difference of a consumer and producer mindset. The idea of creating scalable systems to make money versus something that isn’t scalable (i.e. barber cutting hair). And the point about effectuation, you have to effect millions to make millions. Can’t do that selling lemonade on the corner, time to start making great KZread vids like you Ali!

  • @milkdoubt8837

    @milkdoubt8837

    2 жыл бұрын

    No we do those things not to become millionaires, but to contribute to civlization. Theres more to getting a higher education than to just get rich

  • @Killshot282

    @Killshot282

    2 жыл бұрын

    @@milkdoubt8837 people only get higher education to make more money for themselves. Their contribution to society is just a byproduct of that so obviously if people could get rich in other ways they aren’t really concerned with their contributions to society as a labourer

  • @intentionalliving7326

    @intentionalliving7326

    2 жыл бұрын

    Yes! So happy to learn other viewpoints on this subject and not only what colleges and universities teach ☀️

  • @donkavientrepreneurship

    @donkavientrepreneurship

    2 жыл бұрын

    @@milkdoubt8837 I agree there's more to getting a higher education than getting rich. I'm a community college teacher and every semester I have my students calculate their expected loan payments after they finished their desired degree. College tuition has risen dramatically since I graduated, my payments were manageable as I was just getting started. But today it's easy for students to graduate with overwhelming debt...especially if they leave the affordable community college and head to a private University that doesn't give them any scholarships, etc.