00:00:00This is a video on how to get rich.
00:00:02Why am I making a video on how to get rich?
00:00:04When I was working as a doctor
00:00:06and doing the YouTube and business stuff on the side,
00:00:08no one ever asked me, how do you get rich?
00:00:09They would always ask me, how do you manage your time?
00:00:12How do you be so productive?
00:00:13And all of this sort of stuff.
00:00:14But now like eight years into this journey,
00:00:16I've now built a multimillion dollar business.
00:00:18I have a team.
00:00:19I never have to work again a day in my life
00:00:20if I don't want to.
00:00:21Now when I give talks and when I do Q and A's
00:00:24and when I do like events and stuff,
00:00:26people will come up to me and ask questions.
00:00:28And the questions are no longer about
00:00:30how do you manage your time and how do you be productive?
00:00:32The questions like 90% of them are basically,
00:00:35how do you get rich?
00:00:37It's framed in different ways.
00:00:38You know, what's your advice for getting a high paying job?
00:00:40What's your advice for, you know,
00:00:41how I can have a six figure lifestyle business
00:00:43doing what I love?
00:00:44And I want to talk about something
00:00:46that I don't think I've talked about on this channel before.
00:00:47Basically back in 2015,
00:00:49I was in my third year of medical school.
00:00:51It's a six year degree at Cambridge University.
00:00:53And after three years,
00:00:54we have like a halfway graduation type thing.
00:00:55I was at this halfway graduation
00:00:57with the other medical students in my colleagues
00:00:59that were like 15 of us and sitting with our professors
00:01:01who'd gotten to know us over the last three years.
00:01:03And one of the questions in the yearbook
00:01:05that the medics were talking about was,
00:01:07which of us is most likely to become a millionaire
00:01:09but be struck off the medical register?
00:01:12Which means you're no longer allowed to practice medicine
00:01:14because they've deemed you incompetent.
00:01:15They've struck you off the medical register, big deal.
00:01:18And one of the professors who had known me for three years
00:01:21and had taught me said, oh, it's obviously Ali.
00:01:26And I was like, oh shit.
00:01:28At the time I had not started this YouTube channel.
00:01:31This was 2015.
00:01:32I started the channel in 2017.
00:01:33At the time I spent quite a lot of effort,
00:01:36like trying to be a good doctor,
00:01:38trying to sort of do my, you know, get the grades
00:01:40and you know, whatever.
00:01:41And I got a first class degree in one of my exams.
00:01:42And then that year I sort of ranked in the top two
00:01:44in the subject and like won a prize and stuff.
00:01:46I thought I was pretty dedicated to medical school stuff.
00:01:50And this professor who I really looked up to
00:01:55casually in the dinner context, I was like, oh, you know,
00:01:58which of us is most likely to be a millionaire
00:02:00but be struck off the medical register?
00:02:02Which is like a really bad thing.
00:02:04He just, he said it would be me.
00:02:06I'd be most likely to be a millionaire
00:02:07but be struck off the medical register.
00:02:08I didn't actually get struck off the medical register.
00:02:10Thank goodness.
00:02:11I voluntarily took my name off of it when I quit medicine
00:02:14to do full-time business, entrepreneurship type stuff.
00:02:17But that makes me feel pretty bad.
00:02:19I was like, huh?
00:02:20Like part of me was like,
00:02:21oh, he thinks I'm gonna be a millionaire.
00:02:23But the bigger part of me was like, holy.
00:02:26He thinks that my pursuit of money
00:02:28is gonna get me struck off the medical register.
00:02:30What?
00:02:32I think the only reason I got rich or the main reason,
00:02:35not the only reason, the main reason I got rich
00:02:38was because I had an unhealthy obsession with making money.
00:02:42An unhealthy obsession with making money.
00:02:44There's a thread on Reddit.
00:02:45There's like a junior doctors subreddit
00:02:47and someone like posted something a few, like last year.
00:02:50Like, what do you think of Ali Abdaal?
00:02:51You know, and some comments on this thing were like,
00:02:53oh, you know, I like his productivity content
00:02:54and he helped me study for my exams.
00:02:56But there were a bunch of comments being like,
00:02:58you know, that dude is totally obsessed with money.
00:02:59He's just obsessed.
00:03:00He has an orgasm thinking about money.
00:03:01Dude is so obsessed with making money.
00:03:03And it's interesting 'cause this is now like 10 years on.
00:03:05This is 10 years after that graduation dinner
00:03:07where my professor basically told me
00:03:09I was obsessed with making money
00:03:10to now people on the internet telling me
00:03:12I'm obsessed with making money.
00:03:13And honestly, it's true.
00:03:17It's true.
00:03:18During the era where my business grew from zero to five
00:03:20figures to six figures to seven figures
00:03:22and suddenly I was making more money
00:03:24than a doctor would earn in a lifetime, in a year.
00:03:27In that era, I was totally obsessed with making money.
00:03:30If you wanna get rich,
00:03:31I kind of think you need to be obsessed with making money.
00:03:36I'm sorry.
00:03:37I think that's it.
00:03:38I know a lot of people who are rich now.
00:03:41You know, when you become rich,
00:03:42you start hanging out with other people who are very rich.
00:03:44I have been on business trips and stuff
00:03:47with people with net worths in the multi seven figures,
00:03:50like up to $10 million, like one to $10 million.
00:03:52I've hung out with people who are and have net worths
00:03:54in the 10 to $100 million.
00:03:56I interviewed a guy who's now a friend of mine actually.
00:03:59He wrote a book called Never Enough.
00:04:00His name's Andrew Wilkinson.
00:04:01He's a billionaire with a B like net worth
00:04:04of $1,000 million plus.
00:04:06I have gotten to know a lot of really rich people.
00:04:08I have not met a single one who was not unhealthily obsessed
00:04:14with the goal of making money,
00:04:16with the goal of getting rich,
00:04:17with the goal of building their business.
00:04:19Once they get rich, that is when they start thinking
00:04:22about work-life balance.
00:04:24That's when they start doing side quests, right?
00:04:26You know, bro has completed the main storyline
00:04:27by getting rich.
00:04:28And now a bro is doing side quests.
00:04:30That's when they take up martial arts.
00:04:32That's when they take up video gaming.
00:04:34It's when they start writing books about like
00:04:36how to be more productive and how to like live your best life.
00:04:38And you know, I know lots of people who got rich.
00:04:41Through the process of them getting rich,
00:04:44they were married and had kids.
00:04:47And pretty much all of them felt as if
00:04:50they weren't present enough for their relationship
00:04:52and for their family.
00:04:54And then they get rich and then they realise,
00:04:56you know, there was a guy I was speaking to.
00:04:57He was like 42 or something.
00:04:59He was rich, way richer than I am.
00:05:02As I would estimate his net worth to be
00:05:03in the 10 to $100 million range-ish.
00:05:06He, I was chatting to him about a year ago on a trip.
00:05:09And he said that his unhealthy obsession
00:05:13with growing his business meant
00:05:17that he missed the first like 10 years
00:05:19of his kid's childhood because he was always working
00:05:22and was on the brink of divorce
00:05:24because he was always working.
00:05:26And it was just a stroke of luck that saved his marriage.
00:05:28And he became less obsessed with making money then
00:05:31and started to think about work-life balance.
00:05:34This is a video on how to get rich.
00:05:36How do you get rich?
00:05:37By having an unhealthy obsession with getting rich.
00:05:40To the point often that it sacrifices
00:05:44other areas of your life.
00:05:46In my case, I'm kind of lucky
00:05:48that my unhealthy obsession with getting rich,
00:05:50the thing that it sacrificed was my medical career.
00:05:55Thankfully, it didn't sacrifice it in the way
00:05:58that the medical career was taken away from me by force
00:06:01by me getting struck off the medical register.
00:06:03But it basically sacrificed my medical career
00:06:04because my obsession, my unhealthy obsession
00:06:06with getting rich made me build businesses and stuff.
00:06:09And I realised I enjoyed that more.
00:06:10And then I left the day job.
00:06:11That's actually very fortunate.
00:06:13If I'd gotten married and had kids
00:06:15and then developed an unhealthy obsession with getting rich
00:06:17or had an unhealthy obsession with getting rich
00:06:20and was growing my business and stuff
00:06:21to the point where I then got married and had kids.
00:06:23That unhealthy obsession with getting rich
00:06:26might well have caused me to look back on my time with regret
00:06:29thinking, man, I missed my kid's childhood.
00:06:31As I was getting rich, I had in the back of my mind
00:06:34that like, okay, this is fine.
00:06:35But really the important things in life
00:06:36are like health and relationships and stuff.
00:06:38And like, I don't wanna screw this up.
00:06:40You know, a really good book is
00:06:42"How Will You Measure Your Life?" by Clayton Christensen.
00:06:44A book like "Designing Your Life"
00:06:45by Bill Burnet and Dave Evans.
00:06:46There's books like "Siles, The Five Types of Wealth"
00:06:49which talks about how financial wealth
00:06:50is only one type of wealth.
00:06:51I think I managed to avoid
00:06:53a lot of the really negative consequences
00:06:55of being unhealthily obsessed with making money, thankfully.
00:06:58But it's interesting that even though
00:07:01I managed to avoid those consequences,
00:07:03my professor 10 years ago
00:07:04thought I was obsessed with making money.
00:07:05Random people on the internet now
00:07:07think I'm still obsessed with making money.
00:07:08Maybe it's true.
00:07:09Let's say you have a dream
00:07:11to become like a professional athlete, right?
00:07:13You wanna play football professionally.
00:07:14You wanna play squash or tennis professionally.
00:07:17Do you need to have an unhealthy obsession
00:07:18with the sport to make it?
00:07:20Yeah, pretty much.
00:07:21Like if you look at the training regimens
00:07:23of people who make it professionally,
00:07:24like top 1% people in any sport.
00:07:26From the outside, it looks as if
00:07:28they have an unhealthy obsession with the thing.
00:07:29They're just obsessed with it.
00:07:30It's all they think about.
00:07:31They live and breathe the thing.
00:07:32Their entire life is focused around the thing.
00:07:34And they go for that thing.
00:07:35Timote Chalamet, famous actor,
00:07:37talked about how he wants to be one of the greats.
00:07:39He wants to be a great actor.
00:07:40And I know we're in a subjective business,
00:07:43but the truth is I'm really in pursuit of greatness.
00:07:48I know people don't usually talk like that,
00:07:50but I want to be one of the greats.
00:07:51I'm inspired by the greats.
00:07:52I'm inspired by the greats here tonight.
00:07:55- It's kind of unusual.
00:07:55Like, you know, we've been in an era
00:07:57where aspiring to greatness is like frowned upon.
00:08:02You kind of want to be humble about it.
00:08:03Like, oh, you know, I just stumbled into acting.
00:08:05I don't know how I got these roles.
00:08:06I didn't try very hard.
00:08:07Like being a tryhard is considered,
00:08:08or used to be considered a bad thing.
00:08:10But I think people like Timote Chalamet
00:08:12are making it cool to be a tryhard.
00:08:14He's being a tryhard.
00:08:15He wants to be one of the great actors.
00:08:17That means he probably has an unhealthy obsession
00:08:19with the craft of acting, which is how he's getting there.
00:08:22And also he's really good looking and stuff.
00:08:24And also a great actor.
00:08:25But you don't get there without having
00:08:26an unhealthy obsession with the thing.
00:08:27Everyone who has a top 1% or above outcome in anything
00:08:31tends to have an unhealthy obsession with the thing.
00:08:33We don't look down upon it when it's an Olympic athlete
00:08:37or when it's a musician or when it's a concert violinist
00:08:40or when it's an actor or something.
00:08:42But when it comes to making money,
00:08:46there's something about that that we like to look down upon.
00:08:48If you want to get rich,
00:08:51you probably don't look down upon it, right?
00:08:53I mean, if you're watching this video,
00:08:53you probably wouldn't look down upon someone
00:08:55who has an unhealthy obsession with getting rich.
00:08:57But if you want to get rich
00:08:58and you're at this point in the video
00:08:59and you've sat through me talking about
00:09:01how I think the way to get rich
00:09:02is to have an unhealthy obsession with it,
00:09:05your friends and family will probably look down on you
00:09:09for having an unhealthy obsession with getting rich.
00:09:12Especially if you're in a country like the UK.
00:09:14And I've heard Canada is similar to this.
00:09:16I think in the US, they're a bit more chill about,
00:09:18you want to get rich, go for it.
00:09:20Like, you know, that kind of rah rah,
00:09:22helping like big you up for wanting a big outcome.
00:09:25In the UK and a lot of European countries,
00:09:27and I've heard Canada is like this as well.
00:09:29It's more like, you want to get rich?
00:09:31Bro, what's wrong with you?
00:09:32Like, you know, think about the finer things in life.
00:09:35Like, money won't buy you happiness.
00:09:36It's not gonna make you happy.
00:09:37Like, you know, why do you need to get rich?
00:09:39Like, there's this whole, like, this thing,
00:09:43this idea that if you're trying to get rich,
00:09:44that is somehow bad.
00:09:45And I don't know, maybe it is, maybe it is.
00:09:52But like, again, I don't know anyone who's gotten rich
00:09:53without being unhealthily obsessed with it.
00:09:55This is a video about how to get rich.
00:09:57How do you get rich?
00:09:58By becoming unhealthily obsessed with getting rich.
00:10:00What does it look like to be unhealthily obsessed
00:10:02with getting rich?
00:10:03I was having a conversation with a friend.
00:10:04This is a friend who wants to be rich.
00:10:06She wouldn't say I want to be rich,
00:10:07but what she would say is,
00:10:08"Oh, I'd love to have a lifestyle business
00:10:10that helps me make at least 10,000 pounds a month
00:10:12so that I can retire my parents,
00:10:14so that I can work whenever I want, wherever I want,
00:10:15and do work I love with people I love."
00:10:17That basically translates to I want to be rich, right?
00:10:19You know, how many people have the money
00:10:21to be able to retire their parents,
00:10:22have a lifestyle business,
00:10:23work from wherever they want, wherever they want,
00:10:24making at least 10,000 a month in profit?
00:10:26Like, man, basically she wants to be rich, right?
00:10:29And so we kind of had a bit of a conversation
00:10:31and I was like, "Come on, come on, man.
00:10:32You know, that's called a spade a spade. Is it fair to say
00:10:34that you want to be rich?"
00:10:35And she was like, "Yeah, I want to be rich."
00:10:37I was like, "Great, fantastic.
00:10:38You know, we're owning the fact that we want to be rich."
00:10:40She was saying that she's doing all these different things,
00:10:42but feels like she's stuck in one place
00:10:44because she's not actually becoming rich.
00:10:45And she's been watching the content
00:10:47and reading some of the books
00:10:47that I've been recommending and stuff,
00:10:49'cause, you know, she watches the channel occasionally,
00:10:50but she's still no richer than she was five years ago.
00:10:53She is still stuck in her job.
00:10:56That she enjoys sometimes and doesn't enjoy something like,
00:10:58whatever, still stuck in a job, not getting rich.
00:11:00And so I'm kind of talking about this.
00:11:01You know, she is training for a marathon.
00:11:04And at the same time, she wants to create YouTube videos,
00:11:06exploring her artistic side.
00:11:09And at the same time,
00:11:10she wants to document her life on Instagram
00:11:13because it gives her artistic fulfillment to do that.
00:11:16And at the same time, she wants to host events for friends
00:11:21because she's very sociable
00:11:22and enjoys hanging out with friends.
00:11:23And at the same time, you know,
00:11:24she really cares about her family,
00:11:25wants to spend a lot of time hanging out with the family
00:11:26and visiting her parents a lot.
00:11:27And like, just has all these different things
00:11:30that she wants to do.
00:11:30And she also has a day job for the record.
00:11:32So it's like, you know, 40 to 50 hours of a week
00:11:34are taken up by the day job.
00:11:36I asked a simple question.
00:11:37I was like, okay, let's call it Jane.
00:11:39Okay, Jane, how many hours a week would you say
00:11:42you are devoting to the goal of getting rich?
00:11:44And she had never thought about this question before.
00:11:47Like literally never.
00:11:48It's like for five years, she'd had the goal of,
00:11:5010 years, she'd had the goal of I want to get rich.
00:11:52Was wondering why she's not there yet,
00:11:54which is why she was talking to me about this.
00:11:55Cause it was a conversation about how to get rich, basically.
00:11:58And I asked how many hours a week
00:11:59are you dedicating to the goal?
00:12:00And she was like, oh, damn.
00:12:02I mean, I've got my day job.
00:12:03And I was like, okay, come on, you know, let's be honest.
00:12:05The day job is probably unlikely to get you rich.
00:12:08The way you get rich from a day job
00:12:10is either you work in tech or you work in finance.
00:12:12Those are broadly the two fields
00:12:15where your day job can get you rich.
00:12:17Tech and finance.
00:12:18Is there anything else?
00:12:19Pretty much just tech and finance, right?
00:12:21If you have a really high paying job in tech
00:12:23or a really high paying job in finance,
00:12:24you can get rich off that, right?
00:12:26Cause you make way more money than you spend,
00:12:27even if you're living in London.
00:12:29And if you're living in London,
00:12:30you're making 500 grand.
00:12:31You're only spending 100 grand on like rent
00:12:33and food and drinks and shit.
00:12:34You've got 400 grand left, taxes, et cetera, et cetera.
00:12:36Put it in an index fund, S&P 500, compounding.
00:12:39By the time you're about 40, you'll be rich.
00:12:41If you work in finance, similarly, if you work in tech.
00:12:43This person, Jane, does not work in finance or tech.
00:12:46Therefore, being honest,
00:12:48she's unlikely to get rich off of her day job.
00:12:50So time spent working towards the day job,
00:12:53broadly does not really count
00:12:55for the goal of trying to get rich.
00:12:56Basically it transpired.
00:12:57She was spending zero hours a week
00:12:59focused on the goal of getting rich.
00:13:00Let's say you're trying to become a professional athlete.
00:13:03Let's say a professional football player.
00:13:04How many hours a week would you need to be dedicating
00:13:07to that goal of being a professional footballer?
00:13:08Like many, many, many hours a day, forever,
00:13:11for like a 10 year period.
00:13:12And yet my friend Jane had the goal of being rich,
00:13:16which is a 1% goal,
00:13:17and was putting zero effort towards the thing.
00:13:20And we've realized at the end of the conversation
00:13:21that this is a big part of why she feels sad.
00:13:24A lot of the time that she's not getting
00:13:25to where she wants to be.
00:13:26Cause she wants to be here.
00:13:27And the actions that she's taking are completely de-correlated
00:13:31from like this thing that she wants.
00:13:33What else does an unhealthy obsession look like?
00:13:35So we've talked about kind of the hours per week
00:13:37that you're spending trying to get rich.
00:13:39What else does an unhealthy obsession look like?
00:13:41I want to tell you a little story.
00:13:43And I want to compare, in this little story,
00:13:46I'm going to take a snapshot of my life right now in 2025.
00:13:51I'm currently 30 years old, three zero.
00:13:53And I want to compare it with a snapshot of my life,
00:13:55let's say five years ago.
00:13:57Yeah, five years ago, it would have been 2020.
00:13:59That was when I was in the peak of my getting rich phase.
00:14:032020 was the year where I went from earning 100,000 a year
00:14:08on my YouTube business to like 1.2 million a year
00:14:10from my YouTube business for the regular.
00:14:11So 2020 was a massive year of growth.
00:14:13I want to talk about the idea of mental bandwidth
00:14:16and content, content diet.
00:14:20So back in 2020, there were two types of content
00:14:22that I was consuming.
00:14:24Number one was fantasy fiction audiobooks
00:14:28on my drive to and from work some of the time.
00:14:31And while I was at the gym, some of the time.
00:14:32That was maybe 10% of my content consumption.
00:14:34The other 90% of my content consumption
00:14:37was about getting rich.
00:14:39It wasn't explicitly about getting rich.
00:14:40Back in 2020, there wasn't that much content about it,
00:14:42but it was about business.
00:14:43It was about how to grow a YouTube channel.
00:14:44I was listening to literally all of the podcasts
00:14:46about how to grow a YouTube channel.
00:14:47I was listening to all of the podcasts
00:14:48about how to build a business and how to market a business.
00:14:51The Smart Passive Income podcast,
00:14:52the Online Marketing Made Easy podcast,
00:14:54Noah Kagan's podcast.
00:14:55I was reading all the books,
00:14:56listening to all the audiobooks about business.
00:14:58The E-Myth Revisited and Traction
00:15:00and dozens and dozens of books and audiobooks
00:15:03about how to get rich.
00:15:0490% of the stuff that I was consuming
00:15:06that I was listening to every single day
00:15:08at like two times and three times speed
00:15:10was content about how to get rich.
00:15:12The way you get rich is by having an unhealthy obsession
00:15:14with getting rich.
00:15:15What that unhealthy obsession looks like
00:15:17is that in your discretionary time, in your spare time,
00:15:20the thing that you are thinking about,
00:15:21the thing that you're consuming content about,
00:15:23the thing you're reading about,
00:15:24the thing you're listening about,
00:15:26the thing you are listening to stuff about,
00:15:27the thing you're watching videos on
00:15:28is on how to get rich.
00:15:29Going back to this friend, Jane,
00:15:31I also asked her how much time do you spend watching
00:15:34or reading or listening to content
00:15:35that is specifically towards this goal of getting rich?
00:15:37And she said, well, I watch a lot of content
00:15:40about like content creation because I'm interested in that.
00:15:42I'm like, okay, but like,
00:15:43do you plan to get rich through content creation?
00:15:45She was like, okay, probably not, right?
00:15:47She's doing the content creation thing as a hobby
00:15:49rather than as a vehicle to getting rich.
00:15:50And I was like, okay, do you watch or listen
00:15:52or to read anything else about getting rich?
00:15:54And she was like, yeah,
00:15:55I sometimes watch some of your videos
00:15:56about finance and stuff, but other than that, not really.
00:15:58And so this is someone who has the goal of getting rich,
00:16:01which is like a 1% goal.
00:16:02'Cause you know, let's say rich is top 1%,
00:16:04however you wanna define it, whatever.
00:16:06And she's putting zero hours a week towards the goal,
00:16:09acting towards the goal of getting rich.
00:16:11And she's putting zero hours a week of consuming content
00:16:14towards the goal of getting rich.
00:16:16That is not what an unhealthy obsession
00:16:17with getting rich looks like, unfortunately.
00:16:19Yeah, so back in 2020,
00:16:20when I was in the process of getting rich,
00:16:21on my income 10x'd,
00:16:22I was listening to some fantasy audio books.
00:16:24I was occasionally going to the gym,
00:16:25but literally all of the rest of my time,
00:16:27even while I was at work in my day job,
00:16:29all of the rest of my time was focused
00:16:32on how do I do stuff towards building my business
00:16:36and therefore getting rich?
00:16:37Or how do I learn stuff towards the goal
00:16:40of building my business and therefore getting rich?
00:16:41And my personal view is I think that's what it takes.
00:16:44I think that's what it takes.
00:16:47It's so hard to get rich.
00:16:48It's not an easy thing.
00:16:49Social media will make you think it's an easy thing.
00:16:51Social media will make you think
00:16:52that you can get super rich.
00:16:55And while you're in the process of getting super rich,
00:16:57you can also have a balanced life, right?
00:16:59You can go to the gym.
00:17:00You can have your friends and family.
00:17:01You can go on the holidays.
00:17:02You can do the things.
00:17:03You can have so much fun.
00:17:04You can train for a marathon.
00:17:05You can do a high rocks, whatever the fucking high rocks is.
00:17:07You can do all those things.
00:17:09In reality, those are the things that rich people do
00:17:12once they are already rich.
00:17:14They are not the things that they did
00:17:16while they were on the way,
00:17:18while they were switching from day job,
00:17:20earning 50 grand to business earning 500 grand.
00:17:23While they were growing the business from like,
00:17:25100K in revenue and no profit to a million in revenue
00:17:28and like lots of profit.
00:17:29Generally, pretty much everyone I've spoken to
00:17:32who has been in that position
00:17:35has been unhealthily obsessed with the goal of getting rich
00:17:38or building a business or whatever the vehicle
00:17:40to where it's getting rich they are.
00:17:42Unhealthily obsessed with that goal
00:17:45to the point that it has created imbalance in their life
00:17:50because they've been single-mindedly pursuing that goal.
00:17:53This is a video about how to get rich.
00:17:55How do you get rich?
00:17:56You become unhealthily obsessed with the goal.
00:17:58What else does an unhealthy obsession with a goal look like?
00:18:01So I talked about what my life was like back in 2020.
00:18:03I wanna contrast that with what it's like in 2025.
00:18:07Let's have a look through my YouTube feed.
00:18:09A man's content feed can tell you a lot
00:18:12about what they value and what their priorities are.
00:18:15So let me show you what my YouTube feed
00:18:17looks like these days.
00:18:19Okay, a video from Alex O'Connor about philosophy.
00:18:22A community post from Leila Homozi.
00:18:26A Gary's economics video about why growth is stupid.
00:18:29Okay, oh, here we go, Simon Squibb.
00:18:31This is a video about how to get rich.
00:18:32I have one video about how to get rich.
00:18:34Method versus mythic sprocket monger, lemon stock.
00:18:37Lock and stock, protection warrior POV.
00:18:39This is a video about World of Warcraft.
00:18:41This is not a video about getting rich.
00:18:43Shorts, is this rogue genius?
00:18:45Another video about World of Warcraft.
00:18:47Why you can tax billionaires?
00:18:49This is a economics type thing,
00:18:51another World of Warcraft thing.
00:18:52Oh, Alex Homozi, video about getting rich.
00:18:55This new weapon modification is amazing for speed runs
00:18:57in Horizon Forbidden West.
00:18:58This is not a video about getting rich.
00:19:00This is a video about a video game, hmm.
00:19:02Sahil Bloom quote.
00:19:04This is a video about how to get ripped,
00:19:06which is not about getting rich.
00:19:08This is a Darby CEO episode about fear and anxiety.
00:19:11This is Rory Sutherland, not about getting rich.
00:19:13I don't know what this is.
00:19:15This is another World of Warcraft video,
00:19:17not a video about getting rich.
00:19:18This is an art video,
00:19:19'cause I'm doing a side quest and learning how to draw.
00:19:21You know, bro is running side quests.
00:19:23I'm doing a side quest
00:19:24and I just completed Horizon Forbidden West
00:19:25on the PlayStation 5.
00:19:26I've gotten back into World of Warcraft,
00:19:28the war within season two on my character,
00:19:30which is a paladin where I'm trying to play holy
00:19:32and pro and retribution and stuff.
00:19:34I'm trying to learn how to draw.
00:19:35I'm running all these various different side quests.
00:19:37I'm taking Muay Thai lessons.
00:19:39I'm starting going to the gym very regularly.
00:19:40I'm taking squash lessons.
00:19:42Here's a book.
00:19:43This is one on how to get rich.
00:19:44I've read this book, by the way.
00:19:45It's a good book.
00:19:46This is music.
00:19:47Another side quest I'm running
00:19:48is trying to improve my guitar, piano and singing skills.
00:19:50Not a video about how to get rich.
00:19:52This is Lewis Howes and Jay Shetty,
00:19:54sort of a video about how to get rich,
00:19:55but not really.
00:19:56They're going to talk about feelings and stuff.
00:19:57World of Warcraft.
00:19:58Iman Godsey, video about how to get rich.
00:20:00Sell Something, video about how to get rich.
00:20:02Survive or Thrive.
00:20:03I don't know what that means.
00:20:05Australian Grand Prix.
00:20:07Networking.
00:20:08Storytelling, not about getting rich.
00:20:10I worked out David Goggins for 100 days,
00:20:12not about getting rich.
00:20:13My content feed these days reflects what my priorities are.
00:20:16If you were to look at that,
00:20:18what would you say are the things
00:20:19that Ali Abdaal cares about?
00:20:21According to his YouTube thing.
00:20:22According to his YouTube feed.
00:20:23He cares about World of Warcraft.
00:20:24Cares about gaming on the horizon, Forbidden West.
00:20:26Cares a little bit about making money
00:20:27because 20% of the videos were about how to get rich.
00:20:30Cares about becoming healthy.
00:20:31A handful of those videos were about health and stuff.
00:20:34If you'd looked at this two weeks ago,
00:20:37it was filled with baby gear recommendations,
00:20:40'cause I was on a fricking rabbit hole about like,
00:20:42you know, we've got a baby on the way
00:20:44and like researching the absolute best crib,
00:20:47pram, stroller, car seat, this, that and the other.
00:20:49And so my entire YouTube feed was recommendations
00:20:52for like baby gear.
00:20:52If you compared this to my YouTube feed back in 2020,
00:20:55all you would have seen is content about how to get rich.
00:20:58Content about how to build a business.
00:20:59Content about how to manage a team.
00:21:00Content about how to grow a YouTube channel.
00:21:01Content about how to grow on social media.
00:21:03Content about sales funnels and all of this sort of stuff.
00:21:05That's all you would have seen.
00:21:06This video is about how to get rich.
00:21:09The way you get rich is by having an unhealthy obsession
00:21:11with getting rich.
00:21:11What does that look like?
00:21:12What it looks like is that your content diet
00:21:15is towards that unhealthy obsession with getting rich.
00:21:18The unfortunate truth is that the more different goals
00:21:20you're working towards, the more balanced your life is,
00:21:23the less likely you are to get rich.
00:21:25Maybe there are a handful of exceptions to this rule,
00:21:27but in general, the pattern I've seen through,
00:21:29I know a hell of a lot of people who are rich.
00:21:31I've interviewed a lot of them on podcast,
00:21:33read a bunch of their books.
00:21:34None of, basically 100% of them did not have much
00:21:38of a balanced life while they were in the process
00:21:39of getting rich.
00:21:41They started, they got rich first
00:21:42and then they got the balanced life second.
00:21:44I am not saying that this is what you should do.
00:21:47I am saying that if you have the goal of getting rich,
00:21:49any or becoming a professional athlete
00:21:52or becoming a professional actor
00:21:53or becoming a professional musician,
00:21:55anything where this is a goal that only 1% of people attain,
00:22:00like to be better than 99% of people requires you
00:22:05to be more dedicated than 99% of people.
00:22:08Generally requires you to work harder than 99% of people.
00:22:11People say, you know, work, but I can work smart.
00:22:14It's like, okay.
00:22:16But like everyone else is also trying to work smart.
00:22:17Like also when you're a beginner at the thing,
00:22:19you don't know what working smart looks like.
00:22:21Like when you're a beginner to the goal of getting rich,
00:22:24are you building business or whatever,
00:22:25you just have to work really hard.
00:22:26And in the process of working really hard,
00:22:28you will figure out what does working smart look like
00:22:32so that further down the line, you can now work smart.
00:22:34Right now, I don't need to work that hard.
00:22:36Right now, my multi and decker millionaire friends
00:22:39don't need to work very hard.
00:22:40They still choose to anyway,
00:22:41'cause they're kind of obsessed.
00:22:42Still, a lot of them are obsessed,
00:22:43but you know, the ones with families and like balance,
00:22:45they don't need to work very hard.
00:22:46Why?
00:22:47Because they have employees who do the hard work for them.
00:22:49They've got systems, they've got leverage,
00:22:50they've got personal brands, they've got books,
00:22:52they've got passive income assets.
00:22:53They don't need to work hard anymore.
00:22:56But all of them had an unhealthy obsession
00:22:58with getting rich while they were younger,
00:23:00when they were building it up.
00:23:02So if you're at this point in the video
00:23:05and you would like to get rich,
00:23:07it's really worth asking yourself,
00:23:09do you have an unhealthy obsession with getting rich?
00:23:13Would your friends and family say
00:23:14that you have an unhealthy obsession with getting rich?
00:23:17Does your content diet
00:23:18reflect an obsession with getting rich?
00:23:21Does the way you spend your time
00:23:23reflect an obsession with getting rich?
00:23:26If the answer is no, then you have two options.
00:23:29I think all of this is just my opinion, whatever.
00:23:32I think you have two options here.
00:23:33Either you can decide to develop an unhealthy obsession.
00:23:36You can change your content diet.
00:23:38You can start consuming all the content about getting rich.
00:23:40You can start waking up two hours early before your day job,
00:23:42putting an effort towards building your business.
00:23:44You can start while you're at your day job,
00:23:45taking slightly longer lunch breaks
00:23:47and squeezing in half an hour
00:23:48of work on your business here and there.
00:23:50In the evenings, you can not go out with your friends
00:23:52every night or whatever the thing is.
00:23:53You can stop playing fricking video games.
00:23:54You can stop watching Netflix,
00:23:55stop watching random YouTube videos,
00:23:56even videos like this one,
00:23:58and only ever work on your business.
00:23:59While you're going on a walk while you're doing the dishes,
00:24:01you can switch your content diet
00:24:02so that you are listening to audio books and podcasts
00:24:04and videos about getting rich.
00:24:05On weekends, you can be like, oh, weekends, incredible.
00:24:07I've got like 16 full hours on Saturday
00:24:09and 16 full hours on Sunday,
00:24:11where I can literally just wake up, lock myself in a room,
00:24:13work for 16 straight hours on my business.
00:24:16That is what an unhealthy obsession
00:24:17with getting rich looks like.
00:24:19That is often what it takes.
00:24:21Getting rich is not easy.
00:24:22That's option number one.
00:24:24If you decide that, hey, I wanna get rich,
00:24:27I trust Ali's advice on this.
00:24:28I trust that he knows what he's talking about
00:24:29sort of somewhat anecdotally.
00:24:32And I trust that, okay,
00:24:33I currently don't have an unhealthy obsession
00:24:35with getting rich and I would like to develop one.
00:24:37Or you can decide, you know what?
00:24:40Actually, this isn't for me.
00:24:43If getting rich requires having an unhealthy obsession
00:24:48to the point where my life becomes imbalanced,
00:24:50if getting rich requires me to stop running my marathons
00:24:54and stop hanging out with friends
00:24:55and like work on the weekends
00:24:56and like wake up a bit earlier to work before work
00:24:58and like work during work,
00:24:59if getting rich requires my medical school professors
00:25:02to think I'm gonna get struck off the medical register
00:25:05because like I'm so obsessed with getting rich,
00:25:07man, if that's what's required to get rich,
00:25:09I actually don't wanna be rich.
00:25:11If that's the path you wanna go down,
00:25:13man, I'm so glad you watched this video
00:25:15because this video might have saved you
00:25:17all of this angst that you've currently got
00:25:19from like you have a goal of getting rich,
00:25:20but you're not doing the thing,
00:25:21which is to have an unhealthy obsession
00:25:22in terms of action and in terms of like learning
00:25:24to towards getting rich.
00:25:25You could just decide to make the goal
00:25:27less ambitious on that front.
00:25:30I'm not putting a moral judgment on this.
00:25:31I'm not saying anyone should have a goal of getting rich.
00:25:34I'm not saying getting rich is a morally good thing
00:25:35or a morally bad thing.
00:25:36It's a morally neutral thing.
00:25:37In the same way, I'm not saying
00:25:38that being a professional football player is good or bad.
00:25:41It just is what it is.
00:25:42If you have the goal
00:25:42of being a professional football player,
00:25:44it makes sense that you're either willing
00:25:46to put in the effort required
00:25:47to be a professional football player or not.
00:25:49But if you're not willing to put in the effort,
00:25:51you're not willing to pay the price that it takes
00:25:52to become a professional football player,
00:25:54why set yourself the goal
00:25:55of becoming a professional football player?
00:25:56The more we have this gap,
00:25:58the gap between where we want,
00:25:59the gap between the thing that we want
00:26:01and the actions we're taking,
00:26:03this gap creates misery.
00:26:04Misery is created in the gap.
00:26:05If I have the goal of being a professional squash player,
00:26:07for example, I don't, but if I did,
00:26:09and I'm only training two hours a week,
00:26:11I'm like, bro, that's gonna make me miserable
00:26:12because I'm never gonna get to that goal
00:26:14by only training two hours a week.
00:26:15Similarly, if you have the goal of getting rich
00:26:17and you're not willing to pay the price,
00:26:18which in my opinion is having an unhealthy obsession
00:26:21with it to the point that the rest of your life
00:26:22becomes imbalanced,
00:26:23if you're not willing to pay that price,
00:26:25either become willing to pay the price,
00:26:27i.e. become unhealthily obsessed,
00:26:31or just don't have it as a goal.
00:26:33You know, various people in my team, for example,
00:26:34are totally chill, not being rich.
00:26:36They do not have the goal
00:26:37of becoming financially free, financially independent.
00:26:39The ones that do often tend to go out
00:26:42and start their own business.
00:26:43And then they make videos
00:26:44about why they left the Oliveira team
00:26:45to start their own business.
00:26:46And they've joined our team,
00:26:47got inspired and decided to run their own businesses
00:26:49'cause they wanted to get rich, right?
00:26:51But there's a lot of people in my team who are like,
00:26:52you know what, I don't really wanna get rich.
00:26:54I just want a nice job that pays reasonably well,
00:26:57that gives me flexibility, that gives me fun,
00:26:59gives me autonomy, lets me learn,
00:27:00and lets me hang out with people that I like,
00:27:02and lets me travel the world while I'm doing it.
00:27:03That's actually the position of half the people in my team.
00:27:05They're like, you know what, actually, this is great.
00:27:08I love my job, I love my life, that's fantastic.
00:27:11They do not have the goal of getting rich,
00:27:12and therefore the fact
00:27:13that they're not unhealthily obsessed with getting rich,
00:27:15it's fine.
00:27:16It's not causing any misery because there's no misalignment.
00:27:18But there are various people I know,
00:27:19including Jane, for example, who has a job,
00:27:22and has the goal of getting rich,
00:27:23which is there, and her actions are here.
00:27:26And she feels misery every day
00:27:27because she feels the pain of misalignment,
00:27:30the pain that her goals are misaligned with her actions.
00:27:34And whenever you're in a situation
00:27:36where what you want is misaligned with what you are doing,
00:27:39it creates misery.
00:27:41So either change what you're doing or change what you want.
00:27:44That's my honest advice.
00:27:45That's my hot take on how to get rich.
00:27:46And if you enjoyed that video,
00:27:47then you will absolutely love my weekly email newsletter.
00:27:50It's called Life Notes,
00:27:51and it's where I share whatever I'm learning,
00:27:52watching, listening to, and just notes
00:27:54that I'm generally taking away from my work and my life.
00:27:56Thank you so much for watching.
00:27:57I hope you found this useful,
00:27:58and I'll see you hopefully in the next video.
00:27:59Bye-bye.