“Especially if you're in anything creative, which all businesses to some degree, actually having that time for rest, having that time to allow the default mode network in the brain to Activate, which is what happens when you're doing nothing, or when you're in the shower, when you're going for a walk. That's actually really important to help with creative thinking.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Ali Abdaal
Insight
Abdaal: Venture-backed startups normalize 80-hour workweeks to appease investors
“The aim is growth. And so you've got to be aiming to two X or three X your business every year. And there's this drive for growth because you've got investors who are on the line and you don't want to let your team down. You don't want to let your investors do…”
Ali AbdaalApr 9, 2024▶ 26:53How to Effortlessly Build an 8-Figure Business in 2024 (feat. @aliabdaal)
Insight
Abdaal: Working 40 hours weekly outperforms 80 hours long term
“I know that over the long term, it will actually benefit my business if I'm working, let's say, 40 hours a week, rather than 80 hours a week.”
Ali AbdaalApr 9, 2024▶ 45:16How to Effortlessly Build an 8-Figure Business in 2024 (feat. @aliabdaal)
Insight
Abdaal: 'Feel-good' businesses are bootstrapped to enrich founders, not investors
“For me, a feel good business is a business that exists to enrich your life more so than it does to enrich the life of kind of your investors. Cause in a feel good business, generally it's bootstrapped. Generally the founder is the a hundred percent owner and i…”
Ali AbdaalApr 9, 2024▶ 27:23How to Effortlessly Build an 8-Figure Business in 2024 (feat. @aliabdaal)
Disclosure
Abdaal maximizes profit strictly within his desired lifestyle constraints
“The goal is maximizing profit within the constraints of the life that I want.”
Ali AbdaalApr 9, 2024▶ 35:09How to Effortlessly Build an 8-Figure Business in 2024 (feat. @aliabdaal)
AssertionNot checkable as stated
Abdaal: James Clear caps speaking at one gig monthly to protect lifestyle
“So he only does like one speaking gig a month, even though he could do loads and make loads of money. He doesn't make an online course, even though he probably could. He doesn't have an app, even though he could, because for him, the box around his life is, I …”
Ali AbdaalApr 9, 2024▶ 35:54How to Effortlessly Build an 8-Figure Business in 2024 (feat. @aliabdaal)
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