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School taught me the wrong rules for business

2025-12-13 · Short · Ali · recording, 1:06 · watch on YouTube

Topic: Business and entrepreneurship · mode: Reflection and life update · tags: His own products discussed, Aimed at students

Ali says the habits that make a good student, preparing and thinking before acting and chasing the right answer, differ from those of successful entrepreneurs, who act and iterate; good students starting businesses overthink and take a no or a bad review as a crushing blow to their self-esteem.

What is said

The parts of the video and what is said in each (★ — how much it matters to the video).

00:00:00 — Good students and good entrepreneurs need different mindsets

  • ★★ Ali is often surprised by how many very successful entrepreneurs he meets were pretty bad at school by their own account: they did not follow instructions, were disruptive and did not much care about exams. — 00:00:00
  • ★★★ Ali says the mindset and behaviours of a good student differ from those of a good entrepreneur: a good student, as he was, optimises for the right answer and does loads of preparation and thinking before taking any action. — 00:00:00
  • ★★ The most successful entrepreneurs, Ali says, are the ones who take the action anyway, then iterate and adjust as they go along. — 00:00:29
  • ★★ Ali notices that students in his Lifestyle Business Academy, his online business school, are all good students with a massive tendency to overthink and to struggle to take imperfect action. — 00:00:29
  • ★★★ Just as a B or C grade crushes a good student's self-esteem, Ali says, a no on a sales call, a refusal to buy, a bad review or a negative comment can be a crushing blow to people starting a business, and it is something they have to get over. — 00:00:29

Threads in this video

  • refine · How do you deal with rejection and failure? — Just as a B or C grade crushes a good student's self-esteem, Ali says, a no on a sales call, a refusal to buy, a bad review or a negative comment can be a crushing blow to people starting a business, and it is something they have to get over. (00:00:29)

Mentioned

Lifestyle Business Academy

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