7 Unhealthy Habits That Made Me Rich

AAli Abdaal
창업/스타트업도서/문학경영/리더십운동/피트니스정신 건강

Transcript

00:00:00In this video, we're gonna be going through seven habits
00:00:02that made me a bunch of money when I was in my 20s.
00:00:04They were all unhealthy in one way or another.
00:00:07Yes, it's very good to become financially free
00:00:09and make all the money and stuff.
00:00:10And it is also good to have a balanced life
00:00:12and not be sacrificing the things
00:00:14that are more important than money on route to getting there.
00:00:17Oh, by the way, if we haven't met yet,
00:00:18hello, my name is Ali.
00:00:19I'm a doctor turned entrepreneur.
00:00:20And on this YouTube channel, since 2017,
00:00:22I've been documenting the journey
00:00:24from being a broke ass medical student
00:00:26to then working full time as a doctor,
00:00:27to then becoming a multimillion dollar entrepreneur
00:00:29and best-selling author.
00:00:30And my goal with this channel is to document the lessons
00:00:32that I've learned and the lessons I'm continuing to learn,
00:00:34partly as a reminder for myself and also in the hope
00:00:36that you will find something that is useful
00:00:38on your own journey of building a life you love.
00:00:40All right, habit number one
00:00:41is what I like to call the zero downtime habit.
00:00:44To this day, I carry this laptop bag,
00:00:46this camera bag everywhere I go.
00:00:48And I've been doing this for years, so much so to the point
00:00:49that when my wife and I started dating, like many years ago,
00:00:52she referred to it as my safety blanket
00:00:53because like a child, I had to carry my safety blanket
00:00:56everywhere I went, otherwise I would feel weird.
00:00:57And the reason for this is that in particular,
00:00:59while I was in my 20s and grinding away
00:01:00on building my business,
00:01:01I would not allow myself to have any downtime.
00:01:04Anytime there was a spare moment or where a normal person
00:01:08more likely would take out their phone
00:01:09and like scroll Instagram or TikTok or whatever,
00:01:10I would instead bust out the laptop
00:01:12and I would try and do as much work as I possibly could
00:01:14in that time and almost like play this as like a challenge
00:01:17or a game with myself where I'm like squeezing out
00:01:19productivity and efficiency out of these like minutes
00:01:21of downtime here and there.
00:01:22There was almost no moment that I gave myself
00:01:25when I was sort of in the build phase of building the business
00:01:28of like actually allowing myself to chill out.
00:01:30Now, the obvious benefit to this
00:01:31is that you actually just end up with way more time
00:01:33to grind on the thing that you wanna be grinding on.
00:01:35One of my friends, Matthew Dix, he's a great writer
00:01:37and a teacher and he tells the story of how
00:01:40like whatever you're trying to do,
00:01:41you probably don't have huge amounts of free time
00:01:43on your hands to be able to work on the thing,
00:01:45especially if you're trying to like, if you've got a day job
00:01:47and you're trying to do a side hustle at the same time,
00:01:48like trying to build your business
00:01:49or I don't know, write a book or whatever.
00:01:51And so actually squeezing out productivity and efficiency
00:01:53out of those tiny moments of time here and there
00:01:55that we get throughout the day,
00:01:56instead of using that time scrolling
00:01:58or using that time merely enjoying the taste
00:02:01of a cup of coffee.
00:02:02That time actually does make a difference
00:02:03in how much progress you're able to make in your business.
00:02:05And it does genuinely add up.
00:02:06As with all of the habits in this video,
00:02:08this kind of habit comes at a cost.
00:02:10The cost is obviously you lose some sense of presence.
00:02:13You lose some sense of like dancing through life
00:02:15and actually just being able to take a moment to rest
00:02:17and reflect and like just be present in the moment.
00:02:19And what it results, at least for me
00:02:21and speaking to a lot of my entrepreneur friends
00:02:23is you end up training this muscle to the point
00:02:25that it genuinely becomes difficult to switch off.
00:02:27I now have to set rules for myself where I'm like,
00:02:29Ali, you're not allowed to work on the weekend.
00:02:31And then I get around those rules to be like,
00:02:32well, it's not really work if you consider it fun, right?
00:02:34So then I literally changed the rule for myself.
00:02:37So I'm like, I'm not allowed to do anything on the weekend
00:02:39that would look like work to someone else.
00:02:41So I'm not judging what work is.
00:02:44An impartial, reasonable objective observer is judging,
00:02:47does that thing actually look like work?
00:02:48And I find that rule to be very helpful because I'm like,
00:02:50okay, well, that means I can't do quite a lot of things
00:02:51I would wanna do.
00:02:52Okay, maybe I'll read some Harry Potter fan fiction
00:02:54or I'll like, I don't know, go for a walk without my phone
00:02:56or something like that.
00:02:57Should you adopt the habit of having no downtime
00:02:58into your life?
00:02:59I don't know, this video is not a advice.
00:03:02It's not a video about whether you should do anything or not.
00:03:04I'm just giving you the information to be like,
00:03:06this worked for me when I was in my 20s.
00:03:08And it also had some, how we say, unhealthy implications
00:03:10that I'm trying to unlearn now.
00:03:12And so up to you, you can take it or leave it.
00:03:14Now we come to habit number two.
00:03:15Habit number two is the habit of constant consumption.
00:03:17This is a habit that really helped me when I was, you know,
00:03:20in the first like many years of building my business,
00:03:22which is that if I was in a situation where I physically
00:03:24couldn't get out my laptop and work,
00:03:26I was always consuming something often related to work
00:03:30or related to the business.
00:03:31So I'd be listening to podcasts about business,
00:03:33I'd be listening to audio books about business,
00:03:34I'd be listening to YouTube videos
00:03:35at double speed about business.
00:03:36If I was in bed, I'd be reading books on my Kindle
00:03:38about business and about how to make more money
00:03:40and how to grow YouTube channels and all that kind of stuff.
00:03:42And so for absolutely years,
00:03:44I basically didn't have many moments of like rest.
00:03:48Even when I was doing things like commuting to work
00:03:50or like on the toilet, I would always have my AirPods in
00:03:53and always be listening to something or other
00:03:54by constantly getting like injecting all of this
00:03:56business advice and stuff into my veins.
00:03:58And the benefit of this is that especially if you're a noob
00:04:00to the world of business, like I was back in the day,
00:04:02you actually end up leveling up quite a lot
00:04:04by learning from other people
00:04:06that have been on the journey before.
00:04:07That was super, super, super helpful
00:04:09in drastically leveling up my knowledge of business,
00:04:12not my skills 'cause skills require practice,
00:04:13but at least my knowledge of like stuff.
00:04:15It was also really helpful because then I was able to do
00:04:17all of those things without actively making time for them.
00:04:19It just sort of happened while I was doing
00:04:21all these other things.
00:04:21And again, the downside and what makes this feel
00:04:23slightly unhealthy, especially now that I'm looking back on it
00:04:25in hindsight is that A, it's not a particularly present
00:04:28or mindful way to live where you're constantly injecting
00:04:31information through your AirPods at like three X feet.
00:04:33It's very easy to miss any kind of nuance
00:04:34and to really like reflect and engage deeply
00:04:37with what you're listening to when it's like
00:04:38just fire hose of information into your brain.
00:04:41The other downside, which is something that I'm now realizing
00:04:43is that more information does not actually result
00:04:46in more progress.
00:04:47For many years while I was in my twenties,
00:04:48I thought that like the thing that was stopping my business
00:04:51from growing was that I just didn't know enough stuff.
00:04:53And so the more books I would listen to
00:04:55or the more books I would read
00:04:56or the more podcasts I would listen to,
00:04:57maybe there would be this like magical idea out there
00:04:59that like I just hadn't come across before.
00:05:01Even if I was thinking about the business,
00:05:02thinking about what is the bottleneck right now
00:05:04that's stopping us from 10 Xing the business.
00:05:06And then just thinking about that for an hour,
00:05:07rather than listening to an hour worth of audio book,
00:05:10that probably would have actually resulted
00:05:12in a greater impact on the business
00:05:14rather than me listening to the 500th audio book
00:05:18about business like that decade.
00:05:20Oh, by the way, if you're at this point in the video,
00:05:22then you're probably very intelligent,
00:05:23you're probably very good looking
00:05:24and you're probably serious about leveling up
00:05:26in your work and in your life,
00:05:27which is where the sponsor of this video comes in
00:05:29and that is Skillshare.
00:05:30Skillshare is a wonderful online platform
00:05:31with thousands and thousands of creative classes
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00:05:35I've been teaching on Skillshare since 2019.
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00:05:39If I say so myself,
00:05:40I have a class on how to get started with Notion.
00:05:41I have a class on productivity for creators,
00:05:43but recently I've been getting into drawing
00:05:45because I decided I wanted to have more things
00:05:46that were like less productive.
00:05:48And so I took the how to draw class by Brent Eviston.
00:05:50And it's been a nice way to get started
00:05:52with learning how to draw and like doodling in the evenings
00:05:54and sort of sketching things out.
00:05:55And that has been a very nice way
00:05:56of switching off from screens
00:05:57and sort of reconnecting with my soul
00:05:59and my creativity and stuff.
00:06:00Skillshare is nice because it genuinely is humans
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00:06:03and they don't just teach you the skill.
00:06:04They also give you a class project
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00:06:23So it's been a very long time.
00:06:24Anyway, thank you Skillshare
00:06:25and let's get back to the video.
00:06:26Habit number three is the habit
00:06:27of constantly thinking about your work.
00:06:30For me, the way this manifested was in a few different ways.
00:06:32Firstly, I'd be thinking about work all the time.
00:06:34I'd be thinking about it in the shower.
00:06:35I'd be thinking about it
00:06:36while when driving to my actual day job.
00:06:38I'd be thinking about it on my lunch breaks.
00:06:40All of those things are fine.
00:06:41But where it became more unhealthy, shall we say,
00:06:44was when I would be thinking about it
00:06:46while spending time with friends and family.
00:06:48A lot of the times I was physically present,
00:06:50but in hindsight, I was not actually present
00:06:52because either I was thinking about work
00:06:55or I was literally like busting out my laptop
00:06:57on the dining table, on the kitchen table
00:06:58rather than hanging out with my mom and grandma.
00:07:00And if you decide to incorporate this kind of habit
00:07:02into your life, the benefit you'll get
00:07:03is that basically the more time you're spending
00:07:06consciously or subconsciously thinking about the thing
00:07:09that you need to do to make money, your business,
00:07:10whatever the thing might be,
00:07:11that level of focus often results in interesting ideas.
00:07:14Most people will have breakthroughs in their business,
00:07:16not when they're sitting on the desk,
00:07:17but when they're maybe in the shower
00:07:18or maybe driving to work.
00:07:19But obviously the cost of this
00:07:21is that it can often cost something
00:07:24in your personal relationships.
00:07:26And this is a difficult habit to break.
00:07:28I am currently trying to unlearn the habit
00:07:30of constantly thinking about work stuff.
00:07:33I have some friends and mentors who are also entrepreneurs
00:07:35and who have kids that are older than mine.
00:07:37And so they've been parents for longer.
00:07:39And one thing they've advised is that like, you know,
00:07:40having a kid is like a very good like reason
00:07:43to try and actually learn the habit of being present
00:07:46and not just having the subroutine of like,
00:07:47what's the next thing to do in the business
00:07:48and running all the time.
00:07:49So these days when I'm like spending time with my daughter,
00:07:51I am trying my best to approach it with true presence
00:07:55rather than putting in the time
00:07:57without really putting in the sort of mental head space,
00:07:59if that makes sense.
00:08:00Okay, so let's talk about habit number four,
00:08:02shirking your other responsibilities.
00:08:04In my case, and as is the case for a lot of entrepreneurs
00:08:08I know who are now quite rich,
00:08:10it's very, very rare to have a fully,
00:08:13shall we say balanced life
00:08:14while you're in the grind phase of building up the business.
00:08:17So for me, I started building my first successful business
00:08:19while I was in medical school.
00:08:20Honestly, I kind of half-assed medical school for six years
00:08:25because my mind was always focused on this other thing
00:08:28of building the business.
00:08:29Similarly, when I was working as a doctor,
00:08:31the discretionary time that I had at work,
00:08:33like in lunch breaks and after work
00:08:34and like on the way to work and you know,
00:08:36all that kind of stuff.
00:08:37My friends who were really, really, really into medicine
00:08:39and who were whole-assing their medical careers,
00:08:41they were using that additional time
00:08:43to boost up their CV or to do research projects
00:08:45or to do audits or to create like presentations
00:08:48for conferences and stuff.
00:08:49And I was sort of doing the bare minimum of that
00:08:52just to sort of tick the boxes.
00:08:53And I was spending all of the rest of that discretionary time
00:08:55working on the business.
00:08:56And to be honest, this is a pattern you see amongst
00:08:58any sort of outlier success in any field,
00:09:00whether it's entrepreneurship or sports or acting or music
00:09:03or anything like that, which is it's really, really hard
00:09:05to do something at a really high standard
00:09:07if you're focusing on more than just that one thing.
00:09:09Now, for most people who watch my stuff,
00:09:10if you are building business,
00:09:11it's probably something you're gonna start out building
00:09:14on the side of your like main gig,
00:09:16like whatever the things you're doing at university,
00:09:18whatever your career is.
00:09:19And so you kind of have to recognize that probably,
00:09:23unless you're particularly superhuman at this,
00:09:25'cause I certainly wasn't,
00:09:26like your main thing is going to suffer
00:09:28as a result of you building your side thing.
00:09:30Whether you wanna make that trade is entirely up to you.
00:09:33I'm personally glad I made the trade for myself,
00:09:35but also survivorship bias, it worked out for me.
00:09:37But if for whatever reason the business thing didn't work out
00:09:39or I did wanna go back to medicine,
00:09:40I have, I am behind, relatively speaking.
00:09:45All right, let's talk about habit number five,
00:09:46the health sacrifice.
00:09:47So when I was in the early days of building the business,
00:09:50actually for many, many years,
00:09:51I realized that shopping for groceries
00:09:53and cooking healthy food were things
00:09:55that were taking up way too much time.
00:09:57And I decided that I would rather invest that time
00:09:59into stuff in the business,
00:10:00rather than into cooking and eating healthy food.
00:10:02The benefit of this was that it saved me many, many hours
00:10:04every single week that I was able to then put
00:10:06into the business to grow the business and make more money.
00:10:08The downside obviously is that I then ended up living
00:10:11off takeaways for most of my 20s.
00:10:13And so there is a certain level of health sacrifice
00:10:15that I made in my 20s for the sake of grinding
00:10:17on the business.
00:10:18Now that I'm in my 30s, I'm trying, you know,
00:10:19I've got a personal trainer, I see a physio,
00:10:21I'm trying to reverse the damage of like I did to my posture
00:10:23and like trying to activate my glutes and my hamstrings
00:10:25'cause I never knew what those were
00:10:26because I was just like sitting and grinding
00:10:27on a computer all the time.
00:10:28My cardiovascular health is worse than it would have been
00:10:30had I sort of taken better care of like my arteries and stuff
00:10:33by not eating like fatty unhealthy foods
00:10:35when I was in my 20s.
00:10:36Do I think you have to make that sacrifice?
00:10:37I don't think so.
00:10:38These days there are a lot of like super healthy
00:10:39takeout options, but for me, when I was in my 20s,
00:10:41it just wasn't really a priority.
00:10:42It wasn't really something I thought about.
00:10:44If I had my time again, I would still do takeouts,
00:10:46but I would find a way to really optimize the health side
00:10:49of the takeout so I wasn't living off of like kebab rolls
00:10:51and you know, that kind of stuff.
00:10:53Habit number six that I developed,
00:10:54which was slightly unhealthy is being okay
00:10:56with wasting money.
00:10:57So if, for example, I wanted to buy something
00:10:59like a tech purchase or something for work
00:11:01or something for the studio or like whatever,
00:11:03instead of spending ages doing the research to figure out
00:11:05like what's the best thing that I would wanna buy,
00:11:07if it was below a certain price point,
00:11:09I would just order the thing without thinking about it.
00:11:11Then I would forget about it.
00:11:12Then it would arrive in the post and then I would try it out
00:11:14to see if it actually fulfilled the needs
00:11:16that I wanted it to fulfill.
00:11:17Now quite a lot of time, I would say maybe 80% of the time,
00:11:20the answer was no and I didn't end up continuing
00:11:21to use the thing.
00:11:22And so then I've got this tech which I've just bought
00:11:24that's just sort of sitting there doing absolutely nothing.
00:11:26And so I would either give it away to a charity shop
00:11:28or had like a donations box where I would like drop things
00:11:30off to Oxfam every now and then,
00:11:32or I would give it away to a friend
00:11:33or if it was something low value,
00:11:34I would just stick it in the bin.
00:11:35Now the benefit of adopting this kind of attitude
00:11:37into your life is that, again, you just get very,
00:11:39very ruthless about how you are spending your time.
00:11:41And if you think something is not worth your time,
00:11:43then you don't bother doing it,
00:11:44which means that you probably have more time
00:11:46to be able to focus on like revenue generating activities
00:11:48in your business.
00:11:49The downside is that it ends up creating waste.
00:11:52It's probably bad for the environment
00:11:53and it's probably not good for the soul
00:11:55to just be able to press a button and buy whatever you want
00:11:57and then try it out and then almost like discard it.
00:12:00I would reason with myself.
00:12:01I'd be like, oh, I'm giving it away to a charity shop
00:12:02or I'm giving it away to a friend and like,
00:12:03so it's not like fully wasted, but even so,
00:12:06there is something about that wastage
00:12:07that is probably suboptimal for the soul.
00:12:10And so that was like the cost I paid
00:12:12for having this attitude of being okay with waste.
00:12:14It's something my wife and I clash about to this day.
00:12:16She's very anti-waste.
00:12:17I am still struggling to unlearn the habit
00:12:19of like being put wasteful when it comes to like buying things
00:12:23'cause I'm still ingrained in the mindset of like,
00:12:24well, why would I bother spending two hours doing the research
00:12:26if it's like, it's not worth the time of doing the research?
00:12:28You know, all of that kind of stuff.
00:12:29And then habit number seven relates to this point of,
00:12:31is this worth my time?
00:12:33Now there is advice in the world of entrepreneurship
00:12:35that says that you should figure out
00:12:37what is your effective hourly rate
00:12:39or your aspirational hourly rate.
00:12:41So if, for example, my hourly rate is $100 an hour
00:12:43and I've ordered a $25 thing,
00:12:46but it would take me half an hour
00:12:47to like try and return the thing if I don't actually need it.
00:12:49That half an hour is costing me $50,
00:12:51but I'm only getting back $25.
00:12:52And so why would I bother?
00:12:54You know, that kind of idea.
00:12:55I thought this was great because I realized
00:12:57I figured out what my effective hourly rate was
00:12:58based on how much money I was making in business at the time
00:13:00when it was in my early twenties.
00:13:01I figured out what my aspirational hourly rate was,
00:13:03which was a lot higher than that.
00:13:04And it gave me license to just not do a lot of things
00:13:08and to be okay with like wasting a lot of money
00:13:10because I reasoned that it wasn't worth the hourly rate.
00:13:12The benefit of this is that you then actually delete
00:13:15quite a lot of errands and chores here and there
00:13:17that actually end up taking quite a lot of time.
00:13:19So for example, based on this was why I decided
00:13:21to hire a cleaner fairly early on in my professional career.
00:13:24However, as with all of these habits,
00:13:26it does come with a cost.
00:13:27And the cost is that it becomes very easy
00:13:29to start thinking of everything in life from this lens
00:13:32of what is the hourly rate.
00:13:33I tried my best when I was a wee lad
00:13:35to not over apply this particular razor,
00:13:38to not think about it in context of like French friendships
00:13:40or relationships or anything like that,
00:13:42because you really don't wanna be starting to think of like,
00:13:44oh, you know, I hung out with my mate for two hours.
00:13:47That's 500 pounds that I've just wasted.
00:13:48You know, you really don't wanna be thinking in those ways,
00:13:51but it is hard.
00:13:52It is something that you have to actively fight against.
00:13:53And it sort of runs the risk of turning time
00:13:56that you spend on anything into like
00:13:58into a pure time equals money kind of trade.
00:14:01And then when you start running this calculation,
00:14:03you're like, huh, is it really worth me?
00:14:04I don't know, reading a book for half an hour
00:14:06because like, you know, that's 250 quid.
00:14:08Is it really worth me driving all the way to see a friend
00:14:11because maybe the driving time.
00:14:12So can I be productive in that driving time?
00:14:13We don't really wanna go, it's kind of far away.
00:14:14I could be working on the business instead to earn more money.
00:14:16And so even this is I think a good habit
00:14:19and I certainly wouldn't change it if I had my time again.
00:14:22Like with all these habits, it can be a double-edged sword
00:14:24that it's worth keeping in mind
00:14:27if you're gonna start adopting
00:14:28that kind of philosophy into your life.
00:14:29Now, ultimately for me,
00:14:30all of the habits that I've talked about here
00:14:33actually did end up serving me.
00:14:34They allowed me to build a business while I was in med school
00:14:37and then later build a business, grow my YouTube channel
00:14:39while I was working full-time as a doctor.
00:14:41And all of that has allowed me to become financially free
00:14:43and be able to kind of do what I want
00:14:45and live a life that I love.
00:14:45So I don't regret any of that.
00:14:47However, one thing that I've realized
00:14:48is that these sorts of habits
00:14:49I think are useful for a season,
00:14:51but they're not very useful
00:14:53when you apply them to your whole life.
00:14:54And the habits that help you get rich
00:14:56seem to conflict from what I've learned
00:14:59with the habits that actually lead to a happy,
00:15:01fulfilled and peaceful life.
00:15:02It's very useful to constantly value your time
00:15:04and never do anything that's beneath your hourly rate
00:15:07when you are trying to build a business.
00:15:08But man, if you're trying to run a household,
00:15:09if you're married and you have a wife and you have a child
00:15:11and stuff in the household needs to be done
00:15:13and you're running everything by that calculation
00:15:15of like, is this really worth my time,
00:15:16takes you to places that you don't really wanna get to
00:15:18in your relationship.
00:15:19When I speak to entrepreneurs who are much older than me,
00:15:21like in their 50s or 60s or whatever,
00:15:23almost all of them say that
00:15:25it's okay to take a break on the weekends.
00:15:26And in fact, it's a good thing
00:15:27because it helps you come up with more creative ideas
00:15:29and it helps you rejuvenate you and rest
00:15:30and all that kind of stuff.
00:15:31No one who is in their like 50s or 60s
00:15:32that I've spoken to about this says,
00:15:34even once you've made it, made it,
00:15:35you're still like grinding away on the weekends and stuff,
00:15:37even while you have like a wife and a kid.
00:15:39It sort of feels like the muscle of being productive
00:15:41and grinding away on the business.
00:15:43It's like, for me, that muscle has been over-trained.
00:15:46So it's sort of like,
00:15:47unlearning that is not as straightforward
00:15:50as I would have thought it would be.
00:15:51It's still a journey that I'm trying to navigate
00:15:54because I do wanna grow the business.
00:15:55It is super fun
00:15:56and it does fund like the lifestyle that we have.
00:15:58And also it's not the most important thing
00:16:00to have a wife and a kid.
00:16:01I do wanna take care of my health.
00:16:02I do wanna explore more hobbies.
00:16:03So I guess maybe a takeaway from this video
00:16:05is that if you are actively trying to get rich,
00:16:07in general, the more time you spend thinking about
00:16:09and working towards the goal of getting rich,
00:16:11the more time and effort and energy and focus
00:16:13you spend on that, the more likely it is to happen.
00:16:15However, time, energy and focus are a finite resource.
00:16:18And so the more time you spend working on the goal
00:16:20of getting rich, the less time you're gonna be spending
00:16:22on everything else.
00:16:23For me, I'm very glad about how I spent my 20s
00:16:25grinding away on the business
00:16:26and trying to maximize productivity.
00:16:28But at the same time, it does come with costs.
00:16:30And so either you're willing to pay those costs
00:16:31or you've actually, ideally you find a way
00:16:33to grind on your business and get rich
00:16:34without having to sacrifice other things
00:16:37that you particularly care about.
00:16:38And I think ultimately whatever game you're playing,
00:16:40whether it's the game of trying to build a business
00:16:42or trying to get forward in your career
00:16:44or trying to get better grades in school
00:16:45or trying to get rich or not,
00:16:46like whatever game you're playing,
00:16:47one lesson that I'm learning right now
00:16:49is that there are different strategies
00:16:51that work for different seasons.
00:16:53And ultimately what I'm trying to remember for me,
00:16:55we're not optimizing for trying to maximize
00:16:58the dollars in the bank account.
00:16:59We're actually optimizing,
00:17:00like all of us are optimizing for peace,
00:17:02happiness, fulfillment, joy, all of that kind of stuff.
00:17:04Dollars in the bank account,
00:17:05yes, it does lead to financial freedom,
00:17:06which can lead to time freedom and creative freedom.
00:17:08So it's amazing, it's fantastic.
00:17:09And it is also not the only thing that matters.
00:17:11Like for me, my 20s was like strategically imbalanced
00:17:14in favor of like making money
00:17:15and less in terms of like turning the dials down
00:17:17in terms of like health and relationships.
00:17:19But now that I'm in my 30s,
00:17:20I wanna dial down the focus on making of the money
00:17:22while still maintaining that
00:17:24and dial up the focus on health, relationships,
00:17:26joy, family, peace, fulfillment, all of that kind of stuff.
00:17:28And if you go into this point in the video
00:17:29and you haven't yet seen my video
00:17:31about my 168 hours spreadsheet,
00:17:33it's basically about like how to make time for everything
00:17:36where like the key takeaway from that video
00:17:37is that you cannot make time for everything.
00:17:38And so if you're interested in that one,
00:17:40that'll be linked right over there.
00:17:41Thank you so much for watching and I'll see you next time.

Key Takeaway

Achieving multimillion-dollar entrepreneurship by age 30 often requires a temporary season of 'strategic imbalance' where health, relationships, and downtime are sacrificed to maximize focus on revenue-generating activities.

Highlights

  • Zero downtime strategies involve replacing typical scrolling or idle moments with work tasks to maximize business growth during a build phase.

  • Constant consumption of business audiobooks and podcasts at 2x or 3x speed provides rapid knowledge accumulation but can prevent deep reflection on specific bottlenecks.

  • Prioritizing a side business over a primary career like medical school results in doing the bare minimum for professional requirements to reinvest discretionary time into entrepreneurship.

  • Living off takeaways and neglecting physical activity for years leads to long-term cardiovascular health risks and poor posture that requires professional physical therapy to reverse.

  • The 'aspirational hourly rate' concept justifies discarding items or ignoring refunds if the time required for the task costs more than the value of the item itself.

Timeline

The Zero Downtime Strategy

  • Carrying a laptop at all times allows for productivity during every spare minute of the day.
  • Replacing social media scrolling with business tasks creates significant cumulative progress over months and years.
  • Constant work training makes it difficult to switch off or remain present in non-work environments.

This habit treats productivity like a game where every minute is squeezed for efficiency. While it provides more time to work on a side hustle while maintaining a day job, it reduces the ability to rest or reflect. Rules such as banning work on weekends can help mitigate the long-term inability to disengage from business thoughts.

Constant Information Consumption

  • Injecting business advice through podcasts and audiobooks during commutes and chores rapidly increases theoretical knowledge.
  • High-speed consumption of 500+ audiobooks can create a false sense of progress without improving actual skills.
  • Deep thinking about specific business bottlenecks is often more impactful than passive learning from external sources.

Using every moment—including time spent in transit or performing hygiene tasks—to listen to business content levels up knowledge without requiring dedicated study time. However, this firehose of information often lacks nuance and prevents the brain from engaging in deep, original thought. Shifting from consumption to active problem-solving for an hour can yield better results than hours of audiobooks.

Mental Preoccupation and Shirking Responsibilities

  • Subconscious focus on work leads to breakthroughs during showers or drives but erodes presence with family.
  • Outlier success in entrepreneurship usually requires 'half-assing' secondary responsibilities like medical school or professional audits.
  • Focusing on a side gig means falling behind peers who are dedicated entirely to a traditional career path.

Constant mental subroutines about business tasks often lead to breakthroughs, but they come at the cost of personal relationships. In highly demanding fields like medicine, building a business requires doing only the bare minimum to pass, while peers use that time for research and CV building. This trade-off is often necessary for outlier success but leaves the individual behind in their primary profession if the business fails.

Physical Health and Time Valuation

  • Trading healthy cooking for fast food takeaways saves hours per week for business growth.
  • Purchasing tech without research and discarding it if it fails to meet needs saves cognitive energy.
  • Ruthless time management minimizes waste on research but increases environmental and soul-level waste.

Prioritizing business over grocery shopping and exercise results in poor cardiovascular health and muscle atrophy that may require years to reverse. Similarly, being 'okay with waste' involves buying items below a certain price point immediately to avoid the time cost of research. This mindset keeps focus on revenue-generating activities but can lead to a cluttered environment and a lack of mindfulness regarding resources.

The Hourly Rate Calculation

  • Calculating an effective or aspirational hourly rate provides a logical basis for outsourcing chores like cleaning.
  • Applying financial logic to personal relationships can turn life into a series of suboptimal 'time for money' trades.
  • Success strategies for getting rich are often the opposite of habits required for a happy, peaceful life.

If returning a $25 item takes 30 minutes and the hourly rate is $100, the refund is logically avoided. While this clears the schedule of errands, it risks dehumanizing social interactions by viewing time spent with friends as 'wasted' money. Eventually, these 'over-trained' productivity muscles must be unlearned to transition from a season of wealth creation to a life of fulfillment and health.

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