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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
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.
@@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!
what about people who think everything is a scam, I found a book and bought it, it talks about business and don't buy more for those of us who want to achieve something
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 ⬇️
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.
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.
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.
Reading books on investing is impressive! It's great to see such dedication to financial education. The real key to getting rich is applying what you've learned consistently and making smart, informed decisions. Keep up the great work!!
Reading and learning are crucial first steps, but the true transformation happens when you start applying that knowledge consistently. It's all about making smart, informed decisions and sticking to a solid financial plan. Keep it up, and you'll see great results!
applying what you've learned consistently - he says that in the book! being interested is reading a book, being committed is applying what you learned 50x over a year.
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
Talking about investment and being successful, I can categorize myself as one since my investment has been going well with the help of Mrs Olivia Segal who has been handling my trades
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
@@knowledgeCENTRR 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.
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!
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.
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!
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
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! ✌🏻
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
Fantastic video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
look at the charts, bitcoin has outperformed every stock and banking product ever developed even after multiple pullbacks over the last decade. not a financial advisor but I know what i'm saying
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Evelyn Infurna. I am at $128k right now and LOVING that you have to bring this up here
Evelyn Infurna Services has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I take Ali's advice more than other RUclipsrs.I really enjoy your books and business stuff. can't thank you more. you are such a motivator with logical reasons and words.
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!
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!!!
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.
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.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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..
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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..
Sounds like a good book, but you recommendations conflict each other. On one hand you speak about working nonstop on your passion, but on the other you speak about the business managing itself. Both can be true but at drastically different time points; years apart. Growing slow is not all bad. It helped me become financially independent before I turned 50 and the skills I built while running a billion dollar businesses for other companies taught me the soft skills, the financial skills and the mindset a one day course can’t teach you. Thanks for the content. Consider reviewing see, solve, scale. It’s equally good and might be perfect for your audience.
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.
I realized that the secret to making a million is making better investment. I always tell myself you don't need that new Car or that vacation just yet and that mindset helps me make more money invest:ng. For example last year I invested 70k in blue chip stocks and crypt0 s (with the help of my advisor of course) and made about 380k, but guess what? I put it back and traded with her again and now I'm rounding up close to a million. Delayed gratification always pays off
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.
I'm sick of this mundane conventional knowledge, guys. Head to Borlest and read the forbidden book Earn more money than your boss , only then will you truly gain knowledge about money
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!
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. :)
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!!!
The fact that nobody talks about the forbidden book on morlest drop everything you're doing and find an ebook called The Comic Guide to Financial Bombs, trust me on this speaks volumes about how people are stuck in a trance
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 ; )
I saw this recommendation on your channel last week and am almost finished with it today. It is sooo amazing and eyeopening, i'm so glad to have read it. I had to modify my business within the past few days just to focus on implementing the goals for my business income and money system and i've never been more excited to learn. thank you so much!!
@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..
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.
Try to combine your daily job with your side hustle. Once this side hustle starts making you money, try to transition from your job to your side hustle. This is the moment where you can transform this side hustle into a business.
I’m reading the book now. I’ve always felt like a member of the entrepreneur club, I’ve had businesses before. But then I had kids and moved countries and changed everything about myself, including my profession. I’m a food photographer now, living from one project to the next. I’m looked at as someone in control of my time because I make my own hours, I can show up to my kids performances and sports events, as well as take a month off and take a trip half way around the world to see my family. But I don’t have savings, I don’t have a house and I know I can have it. I’m desperately trying to think of a product that’s useful and scalable.
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.
Sir I am not your subscriber but trust me I click this video only because of the MJ Demarco video.....and I can say. That...this is foooking amazing book and this was my first book that I had read and this was the best practical book in the world. This book literally change my life in financial condition...trust me go right away and read this boook
Let’s say a single mother wants to make money, she is super ambitious. Well, she also has a child to take care of. Since you do so many productivity videos and was actually raised by a single mother from what I understand from your videos, would you please do one such video.
I have a million dollar passive income in one year challenge going and people keep telling me it’s impossible. I just keep saying it’s completely doable … just not easy. That’s why it’s a challenge. Finding new systems to help me achieve my goal lead me to finding this book. I bought it in audible and started listening … a lot of dense info with some fluff I knew I could skip, which let me to RUclips because I knew there had to be someone who had a more condensed synopsis of it … and my boy Ali came in clutch. Thank you sir!
Just started reading the Millionaire Fastlane but it is already more interesting than most books on teaching you how to get wealthy, I can tell you early on that this book will be the best book I will ever read when it comes to finances and wealth.
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 ❤😊
I agree with your statement @2:52 where you said "... if you live in a stupid country like America where you can go broke for having a health problem." I live in America and it's so sad that people across the world say this about the "wealthiest" nation in the world!
I feel like I know all of this information as an accountant and general business interested person. But my issue is that I don’t know WHAT to create! :(
@@supercrazydesi how would you spend your time if money was no barrier? I mean if you could make the same as you do now but your time could be spent in anyway you choose?
I believe that the only people who complain about “hustle culture” are the ones who are concentrating on (or getting distracted by) the wrong things and are not progressing in the way they desire. In fact, it’s not even about hustle culture - it’s about focus culture. Execution culture. Cultivating inner peace while continuing to strive for more. 🙏🧘♀️🤙
The sad part is that even if it is extremely useful to switch from a consumer mindset to a producer mindset, the producers are nothing without their consumers. So if more of us turn to being a producer and less of a consumer, even if we do that to a small scale where we don't build wealth but we stay out of debt and live a decent life, it is going to affect the producers. Because even if your product is amazingly good and relevant, if more and more people consume less than they did before, producers will suffer. Hence why a lot of products break after a short period of time nowadays so we could buy even more. What I'm saying is, even though Ali's advice is good and inspiring, the whole system gets me down sometimes because it is based on infinite consuming and infinite resources from somewhere.
I’m not gonnna lie I really don’t understand your point but the feeling I get from it is that you just need to believe in yourself more!! Instead of telling yourself all the reasons you could Fail tell yourself all the reasons you can succeed!!!!!!
All who read this will now be blessed with financial security and abundance in all areas of your life. You are an amazing being. You are very important to this planet. Be happy and shine! ⭐🙏💖
Thank you SO much for making this review. I started listening to Millionaire Fast lane on your recommendation and was immediately put off by the author's attitude. I was still planning on listening with (as you mentioned) a grain of salt but I wanted to listen to your review first to motivate me to finish the book. This is why I so appreciate POSITIVE people like yourself in these spaces. Leading with encouragement and positivity instead of degradation and negativity. I will say the author's attitude is definitely more of an older generation white male American attitude rather than just an American attitude but I am glad you mentioned that warning in your video haha Thank you for your content and I look forward to the next video!
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 RUclips vids like you Ali!
@@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
@@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.
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 🙂
I agree with your comment on “hustle culture.” There are a lot of people at the top of their careers that tell people just starting that investing time and hard work is bad for you, yet without that time and hard work they necessarily wouldn’t be where they are?
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!
I won't lie. I was given this book years ago, back when I didn't value reading and ultimately threw this book away. Guess I'll have to go back out and buy it again!
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:)
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
@@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.
I bought this book after watching one of your book recommendation videos. Just finished reading the book. Thank you for recommending this masterpiece. And can't thank enough the writer (Sir MJ Demarco).
This was the book that got me into (and I hate this word) Entrepreneurship. I read this back in 2015 I think and it's been a life changer, it set me on my path.
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.
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!
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
Alright
Ok
Great How to Book of Need Entry Control Scale
best way to get rich is youtube - a harvard student told me
this book is also very famous from james jani
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
@Abdullah Mubeen joe mah mah
but why?
@@jaidenrichert Those are because of his comment.
👍
Thinking like a producer instead of a consumer has honestly changed my life.
how. you comented literally on the same day as the video uploaded.
Selfish people are consumers, empathetic/selfless people are producers.
@@PowFlix coz this is how they get followers- lol
@@PowFlix it's from the book.
@@PowFlix because the book was published way before?
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.
Share the link with us pls
what kind of business? hows it passive?
@Mohammad Al-Shuwaiee The Millionaire Fastlane
I m a software engineer, how did you do it? Few tips might help us
@@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!
3 things that helped me and literally changed my life
1. I stopped watching porn
2. I read the book called 'Genius Hidden Tricks'
3. Stop drinking
This is a scam guys, dont buy the book.
what about people who think everything is a scam, I found a book and bought it, it talks about business and don't buy more for those of us who want to achieve something
Great book. Peope are really missing out if dont buy it.
Scam
@AshwagandhaOrganic it is a scam
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 ⬇️
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.
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.
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.
👍
Hell?
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
Reading books on investing is impressive! It's great to see such dedication to financial education. The real key to getting rich is applying what you've learned consistently and making smart, informed decisions. Keep up the great work!!
Reading and learning are crucial first steps, but the true transformation happens when you start applying that knowledge consistently. It's all about making smart, informed decisions and sticking to a solid financial plan. Keep it up, and you'll see great results!
applying what you've learned consistently - he says that in the book! being interested is reading a book, being committed is applying what you learned 50x over a year.
@@MariettaDiane How have you applied knowledge consistently?
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
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
@@estheralvarez5496 I would advice cryptocurrency own my own side it's been very profitable using my tactics
I agree with you it has been an eye-opening experience :)
Investment is the key to achieving success with the current pandemic
Talking about investment and being successful, I can categorize myself as one since my investment has been going well with the help of Mrs Olivia Segal who has been handling my trades
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
This is arguably the most repetitive book I've ever read. I can't believe you think not one sentence was wasted.
@@knowledgeCENTRRAgree. Some useful advice, but waaayy too much time spent ragging on the “slow lane approach.”
@@knowledgeCENTRR 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.
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!
👍
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.
Hope you’re paying rent and your own way while disturbing g them;)
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!
Single handedly my the best entrepreneurship book out there.
Ali is making me fall in love with the teal and orange grade all over again. You are the son my parents deserved Ali 😆
This 😹
teal and orange? don't get it
@@raia9 he’s talking about the colour grade Ali is using on his new videos
Heck ya
@@ChrisDhegarty Check the terrifying IFR rate of 99.7% survival rate. Quake in your boots.
The market is driven by; Narratives and emotions in the short run, Fundamentals and truth in the long run. Use this to your advantage.
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
@@wiebeplatt4749 sounds interesting. how can one locate this your coach please?
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
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! ✌🏻
you time is your life was a powerful insight. and the 5 for 2
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
👍
"The hard work does not have to mean suffering." Really enjoy your videos and your perspective!
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.
Fantastic video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
bitcoin does not pay any yield but will reward you with growth that you can't find in any other asset class
look at the charts, bitcoin has outperformed every stock and banking product ever developed even after multiple pullbacks over the last decade. not a financial advisor but I know what i'm saying
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Evelyn Infurna. I am at $128k right now and LOVING that you have to bring this up here
Evelyn Infurna Services has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I take Ali's advice more than other RUclipsrs.I really enjoy your books and business stuff. can't thank you more. you are such a motivator with logical reasons and words.
I read his book "unscripted". He is a gifted writer
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!
Your book is awesome MJ! I still lack commitment but it changed my take on Life.
Yep he did a great job. Just bought the book on Audible 🙂
Now I have to look for the book.
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
Fantastic book MJ🙌
It's surprising how under the radar the books on Morlest are. If you're curious, they're definitely worth a look.
astroturfing ass bot
Did you mean Borlest?
Excuse me if I’m wrong here.
Everything is written bro
I recommend everyone to find the forbidden book titled Earn More Money Than Your Boss ; it goes deep into all of this, and it changed my life
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!!!
it’s kinda crazy how nobody’s talking about Antozent, they are selling 150 self help books for the price of one
You seem like a bot ngl
astroturfing ass bot
Scammer
How do you bots get so many likes?
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.
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.
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⬇️
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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..
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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..
Sounds like a good book, but you recommendations conflict each other. On one hand you speak about working nonstop on your passion, but on the other you speak about the business managing itself. Both can be true but at drastically different time points; years apart. Growing slow is not all bad. It helped me become financially independent before I turned 50 and the skills I built while running a billion dollar businesses for other companies taught me the soft skills, the financial skills and the mindset a one day course can’t teach you. Thanks for the content. Consider reviewing see, solve, scale. It’s equally good and might be perfect for your audience.
life changing book
Yes mate, Jeffrey would love it too
This is sick 😂😂
Authors like MJ are pretty rare. His honesty level is just commendable!
Guys Suggest me some best self help books which works in all areas of life please 🙏
He is an inspiration for all young people
I've read all of MJ DeMarco's books. They changed my life. It's because of him that I have a business I'm proud of.
Yes that's my favourite book as well. MJ Demarco is really a straightforward author and entrepreneur.
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.
THIS
it’s kinda crazy how nobody’s talking about Genius Hidden Tricks, they are selling 150 self help books for the price of one
What’s that ?? I have no idea
@@gillscape its a scam
Thanks for sharing that
Scammer
Where do these bots come from ? And how do they get so many likes ?
I realized that the secret to making a million is making better investment. I always tell myself you don't need that new Car or that vacation just yet and that mindset helps me make more money invest:ng. For example last year I invested 70k in blue chip stocks and crypt0 s (with the help of my advisor of course) and made about 380k, but guess what? I put it back and traded with her again and now I'm rounding up close to a million. Delayed gratification always pays off
@Stacy White I found her on a CNBC market interview, so I looked her up and we begun our awesome partnership
@Stacy White .You can connect with her on what'saap
+150
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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.
I'm sick of this mundane conventional knowledge, guys. Head to Borlest and read the forbidden book Earn more money than your boss , only then will you truly gain knowledge about money
Thanks broo, this book is awsomee
Bot comment
bot ahh comment
bot scam
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!
@@zakyizak5309 are you a billionaire now ?
Blind, are you a billionaire now after reading this book? I bet you are!! I think I saw your picture in Forbes.
@@mikevarga2058 😂
@@mikevarga2058 how about you
@@mikevarga2058 you still alive?
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. :)
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!!!
The fact that nobody talks about the forbidden book on morlest drop everything you're doing and find an ebook called The Comic Guide to Financial Bombs, trust me on this speaks volumes about how people are stuck in a trance
astroturfing ass bot
My alltime favorite book, it has literally changed my life!
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 ✨
The cut to the commercial at 8:35 ish was the best-least ubrupt commercial break i have seen in a RUclips video.
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!
Thank you, this was extremely informative. I have to buy this book now
This is the book that got me into entrepreneurship. Highly recommend it to everyone.
what did you build? is there more in the book than the summary?
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 ; )
You can afford to play for total knee replacements. Problem solved!
This is such a brilliant book. Best book out there to shift mindset!
I saw this recommendation on your channel last week and am almost finished with it today. It is sooo amazing and eyeopening, i'm so glad to have read it. I had to modify my business within the past few days just to focus on implementing the goals for my business income and money system and i've never been more excited to learn. thank you so much!!
That was helpful! Thank you!
Avoid this man who is giving his Whatsapp number and pretending to be as Ali Abdaal
@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..
Had the book for years and never finished it. Thank god for your book club
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.
Great video. Really good summary of the book, well presented and relevant.
Thanks for another detailed and entertaining book summary. When it comes to book reviews you are one of the best, if not the best.
Thanks!
Try to combine your daily job with your side hustle. Once this side hustle starts making you money, try to transition from your job to your side hustle. This is the moment where you can transform this side hustle into a business.
I agree, it’s my favorite book and I’ve read it several times.
Me too
I’m reading the book now. I’ve always felt like a member of the entrepreneur club, I’ve had businesses before. But then I had kids and moved countries and changed everything about myself, including my profession. I’m a food photographer now, living from one project to the next. I’m looked at as someone in control of my time because I make my own hours, I can show up to my kids performances and sports events, as well as take a month off and take a trip half way around the world to see my family. But I don’t have savings, I don’t have a house and I know I can have it. I’m desperately trying to think of a product that’s useful and scalable.
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.
Sir I am not your subscriber but trust me I click this video only because of the MJ Demarco video.....and I can say. That...this is foooking amazing book and this was my first book that I had read and this was the best practical book in the world. This book literally change my life in financial condition...trust me go right away and read this boook
Hands down my favorite business book!
🤩 so happy I came across this! Can’t wait to listen to it!! 🤗
This book is exactly what i need.. My psychology on money has always been this but could never be sure i was right.
Let’s say a single mother wants to make money, she is super ambitious. Well, she also has a child to take care of. Since you do so many productivity videos and was actually raised by a single mother from what I understand from your videos, would you please do one such video.
I have a million dollar passive income in one year challenge going and people keep telling me it’s impossible. I just keep saying it’s completely doable … just not easy. That’s why it’s a challenge. Finding new systems to help me achieve my goal lead me to finding this book. I bought it in audible and started listening … a lot of dense info with some fluff I knew I could skip, which let me to RUclips because I knew there had to be someone who had a more condensed synopsis of it … and my boy Ali came in clutch. Thank you sir!
Yeah, this is the reason why I subscribed to this channel. Thanks for standing up to that potential again.
Just started reading the Millionaire Fastlane but it is already more interesting than most books on teaching you how to get wealthy, I can tell you early on that this book will be the best book I will ever read when it comes to finances and wealth.
@k r Will do!
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 ❤😊
lol - new account created for a fake comment coming from god knows where ..
My Fave book of all time! This is the best analysis of it I have seen, great job.
The fact that nobody talks about the forbidden book Making Money Your Reality speaks volumes about how people are stuck in a trance
Scammer
bot scam
I agree with your statement @2:52 where you said "... if you live in a stupid country like America where you can go broke for having a health problem." I live in America and it's so sad that people across the world say this about the "wealthiest" nation in the world!
I feel like I know all of this information as an accountant and general business interested person. But my issue is that I don’t know WHAT to create! :(
In the same boat as you. I'm not sure what my passion is.
@@supercrazydesi how would you spend your time if money was no barrier? I mean if you could make the same as you do now but your time could be spent in anyway you choose?
Just found you ! I'm trying to start a blog & I am loving your content!
That is so awesome! 👏🏻👏🏻 That is something I am looking into adding to my online presence!
Best of luck for the blog 👍
The forum is amazing. I’ve been a member for several years
Man... this made me actually take a shot at building a product as a side business.. Not sure if very smart or very naive
I believe that the only people who complain about “hustle culture” are the ones who are concentrating on (or getting distracted by) the wrong things and are not progressing in the way they desire. In fact, it’s not even about hustle culture - it’s about focus culture. Execution culture. Cultivating inner peace while continuing to strive for more. 🙏🧘♀️🤙
The sad part is that even if it is extremely useful to switch from a consumer mindset to a producer mindset, the producers are nothing without their consumers. So if more of us turn to being a producer and less of a consumer, even if we do that to a small scale where we don't build wealth but we stay out of debt and live a decent life, it is going to affect the producers. Because even if your product is amazingly good and relevant, if more and more people consume less than they did before, producers will suffer. Hence why a lot of products break after a short period of time nowadays so we could buy even more. What I'm saying is, even though Ali's advice is good and inspiring, the whole system gets me down sometimes because it is based on infinite consuming and infinite resources from somewhere.
Is that English?
Disagree. Producers will still buy stuff, except that they become more discerning and not fall for the usual tricks like deceptive advertising, etc.
I’m not gonnna lie I really don’t understand your point but the feeling I get from it is that you just need to believe in yourself more!! Instead of telling yourself all the reasons you could Fail tell yourself all the reasons you can succeed!!!!!!
I just finished this book. It was really good.
Opens your eyes to opportunities hey Cris
Ali that is a good book, but try reading 25 Money Secrets From Donald Trump and your opinion about the best money book might change
i don't know why, but i can't seem to find it. could you drop a link, please?
It's hard to find. Search the subtitle "How to Stiff Your Vendors and Deceive Your Investors"
@@kurtoskolack1201 it's a scam
Where can I read it??
@@Menacio it's a scam brother
All who read this will now be blessed with financial security and abundance in all areas of your life. You are an amazing being. You are very important to this planet. Be happy and shine! ⭐🙏💖
10/10 on the book choice 😍
This was amazing 🤩 Cant wait to read or listen to this new recomandation! Could use a few new viewpoints on this topic ✨
Thank you SO much for making this review. I started listening to Millionaire Fast lane on your recommendation and was immediately put off by the author's attitude. I was still planning on listening with (as you mentioned) a grain of salt but I wanted to listen to your review first to motivate me to finish the book. This is why I so appreciate POSITIVE people like yourself in these spaces. Leading with encouragement and positivity instead of degradation and negativity. I will say the author's attitude is definitely more of an older generation white male American attitude rather than just an American attitude but I am glad you mentioned that warning in your video haha Thank you for your content and I look forward to the next video!
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 RUclips vids like you Ali!
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
@@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
Yes! So happy to learn other viewpoints on this subject and not only what colleges and universities teach ☀️
@@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.
Commandment of need/value, control, time, ,scale,high barrier of entry
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 🙂
I agree with your comment on “hustle culture.” There are a lot of people at the top of their careers that tell people just starting that investing time and hard work is bad for you, yet without that time and hard work they necessarily wouldn’t be where they are?
ᵂʰᵃᵗˢᵃᵖᵖ♱①②④⓪⑧⑨②④⑥⑦④
Thanks~~~~
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!
You've an incredibly amazing voice & the fact that you run many different businesses successfully is very inspiring!!
*Helping others in their though times of need is the best Gift of Humanity*
I won't lie. I was given this book years ago, back when I didn't value reading and ultimately threw this book away.
Guess I'll have to go back out and buy it again!
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:)
What is your side business? Just curious
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
@@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.
@@ChristianAagnes congratulations on starting your own hustles. I was looking into starting a side hustle very soon. U have any tips?
@@ChristianAagnes
Do you have website?
I bought this book after watching one of your book recommendation videos. Just finished reading the book. Thank you for recommending this masterpiece. And can't thank enough the writer (Sir MJ Demarco).
I should be a billionaire with the amount of millionaire making videos I’ve watched at this stage
This was the book that got me into (and I hate this word) Entrepreneurship. I read this back in 2015 I think and it's been a life changer, it set me on my path.
How are you going now?
@@anthonydinino2321 Really well! Agency is still up and running, have another startup in the works.
Trusting the process works.
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.
have you read them yet?
Love Ali's breakdown of books!
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!