5 Steps to Start Your First Business

44



📚 Order my book to get an exclusive ticket to The Feel-Good Productivity Annual Planning Workshop in January 2024!

Thanks to Trading 212 for sponsoring this video. Use the promo code ALI to get a free share worth up to £100 or visit

Hey friends, I recently interviewed Daniel Priestley, a super successful entrepreneur, on my podcast Deep Dive. During our conversation he laid out a 5 step plan for how anyone can start their first business. So in this video, I talk through each of his steps and work through a live example and use a worksheet which you can download below. Enjoy x

Check out The Castle Method Template here:

And if you’re interested in getting 30 days for free on ScoreApp and 50% off your first 3 months then check it out here:

🎙 Check out the full interview with Daniel Priestley here:

My CEO coach:

This is not financial advice. When investing, your capital is at risk. Investments can rise and fall and you may get back less than you invested. Past performance is no guarantee of future results. Government taxes and 0.15% FX fee applies.

🍿WATCH NEXT:
7 Side Hustle Ideas You Can Start in 2023:
7 Habits to Be a Millionaire by 30:
Asking Millionaires How They Got Rich:

⌚️Timestamps:
0:00 Introduction
1:17 Step 1
4:06 Step 2
11:01 Step 3
13:29 Step 4
14:53 Step 5

💌 Sign up to my free weekly email newsletter –

MY FREE ONLINE COURSES:
🚀 Productivity Masterclass – Principles and Tools to Boost Your Productivity –

🎓 How to Study for Exams – An Evidence-Based Masterclass –
🎬 YouTube for Beginners – Everything You Need To Know To Start –

MY CREATOR COURSES
🎬 Check out my free 7 day email course on how to become a part-time YouTuber:
🏆 Creatorpreneur – My flagship course for scaling up your creative side-hustle →
🗣 Camera Confidence – My self-paced course on how to improve your creativity, career, or communication skills →

MY FAVOURITE GEAR
🧑‍💻My MacBook Skin (& other tech):
🎥 My YouTube Camera Gear –
⌨️ My Keyboard – Wireless Coral mechanical keyboard (Cherry Blue) –
📝 My favourite iPad Screen Protector – Paperlike –
🎒 My Desk Accessories + Todo List – Ugmonk –

MY FAVOURITE TOOLS
🚀 VidIQ – How I optimise my YouTube videos –
✍️ Shortform – The BEST summaries of books –
📚 Readwise – How I remember what I read –
🎵 Epidemic Sound – Where I get my music (amazing for YouTubers) –

MY KEY LINKS
🌍 My website / blog –
🐦 Twitter –
📸 Instagram –

WHO AM I:
I’m Ali, a YouTuber, podcaster, soon-to-be author and ex-Doctor working in London, UK. I make videos that explore the strategies and tools that help us live happier, healthier and more productive lives. I also have a weekly podcast called Deep Dive ( and I write a weekly email newsletter that contains some quick thoughts + links to interesting things (

PS: Some of the links in this description are affiliate links that I get a kickback from 😜

44 Comments
  1. @ThomasSmith-z5q says

    If you want to get rich the only thing you need is the book 25 money secrets from Donlad Trump, 10/10, trust me on this one guys

  2. @yassinejalti-t1s says

    excuse me, there's a video in your ad

  3. @SIVARAJPANDIANRAMESH says

    what if our customer is not aware of all those stuff like score card

  4. @MablePauls says

    Bring Julianne Iwersen Niemann on the show. She changed my life Financially I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Julianne Iwersen Niemann, for her expertise and exposure to different areas of the market.

  5. @teddexter0 says

    0:09 😂

  6. @zariesart808 says

    Advertisement video nothing else 💩

  7. @diggitydoo5836 says

    It says Trading 212 is not available in my country or region

  8. @TaylorMcAllister-sc6cw says

    Feedback: Part-time YouTube academy? We now need a part-time business academy. Sign me up plz. Thx Ali!!

  9. @Wumbymakesgreatfootmassages says

    for the algoritm

  10. @ins1ant176 says

    this does not even teach you about business what a joke you should delete this video

  11. @hussainabbastech says

    PoV : when you realize this is lead generation

  12. @SumithraJayathissa-vy2bw says

    I want sinhales

  13. @realtorrasheeddubai says

    The first and most crucial thing to do before starting any business is to conduct thorough market research.

    Market research helps you understand:

    Who your target audience is: Identify the people most likely to buy your product or service.

    Market demand: Check if there’s a genuine need for what you plan to offer.

    Competitor landscape: Learn about existing competitors, their strengths, and gaps you can fill.

    Pricing and profitability: Evaluate what customers are willing to pay and what will make your business financially viable.

    By gathering this data, you’ll have a clear foundation for your business, reducing risks and increasing your chances of success.

    Give a like if you find useful these information. Thanks

  14. @TheSK7711 says

    I made a video of How does the business work, only 12 views.Hard work isn't working in my life 😢.

  15. @水村輝 says

    The secret to making money online might be closer than you think, but it's often hidden from public view. Master of Digital Business is a banned book available on Borlest. Check it out before it disappears!

  16. @青松幸子 says

    The most useful information about earning online is often hidden from the public. Master of Digital Business is a book that offers just that, but it’s banned. Find it on Borlest while you still can

  17. @間瀬明美 says

    It's incredible what can be learned from books that are banned. Master of Digital Business is one of those hidden gems, and you can still find it on Borlest.

  18. @施煜榕 says

    The most useful information about earning online is often hidden from the public. Master of Digital Business is a book that offers just that, but it’s banned. Find it on Borlest while you still can

  19. @能登豊 says

    It's incredible what can be learned from books that are banned. Master of Digital Business is one of those hidden gems, and you can still find it on Borlest.

  20. @user-o8b2c says

    It's incredible what can be learned from books that are banned. Master of Digital Business is one of those hidden gems, and you can still find it on Borlest

  21. @user-o8b2c says

    The most useful information about earning online is often hidden from the public. Master of Digital Business is a book that offers just that, but it’s banned. Find it on Borlest while you still can

  22. @ReadySetStartUPUK says

    Great video! Super helpful to startups 🎉

  23. @ĐàoKiềuBống says

    The secret to making money online might be closer than you think, but it's often hidden from public view. Master of Digital Business is a banned book available on Borlest. Check it out before it disappears!

  24. @CaoKimNhuận says

    The most useful information about earning online is often hidden from the public. Master of Digital Business is a book that offers just that, but it’s banned. Find it on Borlest while you still can

  25. @PhùngQuỳnhGiao says

    It's incredible what can be learned from books that are banned. Master of Digital Business is one of those hidden gems, and you can still find it on Borlest.

  26. @Mabhiedelthugsxzdelthugsxz says

    When my weaknest is i think what i become strongest ,i hate businnes like math i hate it but when i know of them i actually love it .thats why i try to watch ideas of doing business

  27. @RemoikantseMosito-oo2sr says

    This is actually amazing,im still in high school and i wanna start my own business one day,so this is helpful for me😅

  28. @aditiyadav40476 says

    Please elaborate a little slower

  29. @earthandouterspace446 says

    Alot of advertisements 🙄

  30. @shaakiradancer09 says

    i’m looking for the template. Can we get a link.

  31. @Sayl0rM00N-k5w says

    Thx so mch🎉

  32. @oneilobi822 says

    how would you get loads of money 9:17 if you charge for free at first?

  33. @ogiethepogi6907 says

    Playback 0.75 speed thank me later

  34. @mabelneo says

    claim for my justice, claim for their karma!!

  35. @ittesafadi says

    This video is so fucking boring and interesting😪😪

  36. @joyalbabu17 says

    0.75x

  37. @Hobojoes says

    Okay I've been wanting to start a new business not just any new business put a recycling one having people literally dump their materials at my place and calling me to go get their materials & not only that but having people organized the material to sell that material to every place would plastic metal rubber every material known to man

  38. @rationalist7 says

    This video is a failure. You only say MVP. But didn't explain it. Incoherent

  39. @UlugbekKilichev-vc6yr says

    Все находится ниже по течению от генерации лидов

  40. @UlugbekKilichev-vc6yr says

    Вести Поколение 🫸🏻⛩️🏯

  41. @Eric-ix3rx says

    If it is an innovation:
    Step 1: finding the problem, 2: finding out how many people it affects, 3: finding a way to fix that problem (solution). 4: finding how to charge the people you are fixing the problem for (pricing). 4. finding how to get people to know that they have a problem and you have a solution (sales, branding or marketing). 5: partnering with the right people, 6. being patient.
    If it is selling a product which exists:
    Step 1: Knowing the product, 2: understanding the value chain, 3: doing a research on the future of that product in that market, 4: finding out what makes you different from other tradders. 5: connecting, getting a lot of connections as possible 6: being patient.

  42. @husham4912 says

    I like your videos but most of your them are promoting your affiliates

  43. @JohnPaul-v2f says

    ..

  44. @chrispalmby4708 says

    I got zero transportation expenses to travel. Free from Government bus fare. So I go to the bank. Run through coin rolls. Walk what I get to coin shop to hope they are still in business. Leftist local political nuts on the city council. Coin shop won’t even buy Boy Scouts chocolate anymore.

Leave A Reply
Bitcoin (BTC) RM438,807.38
Ethereum (ETH) RM17,223.90
Tether (USDT) RM4.43
BNB (BNB) RM3,226.79
USDC (USDC) RM4.43
XRP (XRP) RM10.76
BUSD (BUSD) RM4.33
Cardano (ADA) RM5.05
Solana (SOL) RM1,014.62
Dogecoin (DOGE) RM1.95
Polkadot (DOT) RM42.72
Polygon (MATIC) RM2.87
Lido Staked Ether (STETH) RM17,207.39
Shiba Inu (SHIB) RM0.000134
Dai (DAI) RM4.43
TRON (TRX) RM1.34
Avalanche (AVAX) RM223.03