5 tips to get rich from Ali Abdal

In this blog, we dive deep into the wisdom shared by Ali Abdaal, a former doctor turned YouTuber, entrepreneur, podcaster, and author. After juggling his medical career with building a highly successful YouTube channel, Ali has emerged as a productivity expert and a beacon of entrepreneurial insight. Drawing from his interviews with accomplished entrepreneurs, Ali outlines five transformative tips to help you achieve extraordinary results and build wealth. Whether you’re just starting your journey or looking to refine your strategy, these tips are designed to offer practical, actionable advice.

FINANCIAL WISDOM

5/21/20242 min read

white lamborghini aventador parked near white concrete building during daytime
white lamborghini aventador parked near white concrete building during daytime

5 tips to get rich as per Ali Abdal

Ali Abdal is an ex-doctor, you-tuber, entrepreneur, podcaster, and author.

His journey was tough as he started his youtube along with his job and managed both together.

He is also the productivity expert and so to increase your productivity you can learn the hacks from his book: Feel Good-Productivity: How to do more of what matters.

Today I am sharing with you what he considers are 5 tips to get rich which he concluded after interviewing the accomplished entrepreneurs.

1.      Work for extraordinary results:

How can you get extraordinary result?

You might be wondering.

His interview with Arun Maini – a youtuber highly paid with 13 M subscribers, reveals that Arun took about 40 to 100 hours to write the scripts for you-tube.

So, to get extraordinary results you need to put extraordinary efforts first.

2.      Lead Generation First then the Product:

First get to know your customers, how you can reach them.

Don’t be too hard on making a perfect product.

You can always improve the product.

First get the customers. Catch their interests.

The answer to how is revealed in an interview with Daniel Priestley.

If your business is financial planning services, host a free event and teach them the basics of investing.

In this way you are letting people come to the product.

3.      Take the Third Door:

In a nightclub bar you either you can wait outside with the crowd to get through the main door.

Or if you are billionaire you can get in through VIP door. No waiting.

But if you don’t want to wait and you are not a billionaire..

Then find out the third door which is little side door to the alley of the nightclub.

But how can you find this door as you can’t see it.           

Don’t lose hope because there is the third door.

Ali Abdal’s interview with Tim Armoo revealed, how as a teenager he managed to access the entrepreneur Richard Brenson in a conference through backstage pass. Prior to the conference he set the tables and chairs for the event and dealed with organizer to meet the entrepreneur.

He figured out the third door so can you.

4.      Work in start-up business:

Work in small businesses before establishing your own because then only you will learn how the business works.

You’ll have access to information about revenue, profits, and costs. Its not making presentations in a n office for the big firm.

This is the advice Daniel Priestley gave to enterpreneurs in an interview with Ali abdal.

5.         Invest:

Yes invest, invest and invest to be rich.

But how to invest? What to buy?

This is revealed in an interview with Alex Hormozi.

Invest 100$ in S&P 500.

Grow it to 109 $ the next year. 9% return.

Invest in S&Me that is in developing your skill say 100$ in copywriting course.

You land a client that pay 500$. 500% return.

Invest in yourself, in skill that make you money. Choose the best investment plan.

For more read https://aliabdaal.com/five-tips-to-get-rich/