Moneywise

Thinking about selling your company? 24 founders told us what really happens after the wire hits. — joinhampton.com/exit-report

Ali Abdaal didn’t sell a startup. He didn’t raise money. He didn’t even plan to leave medicine. He just turned himself into the business, and ended up happier, wealthier, and more free than he ever expected.

Here’s what we talk about:
  • Why Ali says money hasn’t made him more happy, just removed the stuff that made him unhappy
  • His net worth (between $1M and $10M) and how it breaks down
  • How a scammed MacBook deal sparked a business that made £1M+
  • What he learned after hitting $6M/year in revenue, and why he stopped trying to scale further
  • How flying business class and skipping trash day became his personal luxuries
  • Why “$100M in the bank” wouldn’t change how he spends his time
  • How coaching, meditation, and philosophy reshaped his relationship with money
  • The moment Lewis Howes helped him break his identity as a doctor
  • His rule of thumb: “Freedom comes from leaving money on the table”
  • Why he's building software to reduce his dependence on content
  • His real goal: $2M/year profit so he can work when he wants, on what he wants

Sponsors:

Cool Links:
Chapters:
  • (0:00) Introduction & Ali's Philosophy on Wealth
  • (1:48) Net Worth Breakdown & Investing
  • (3:17) Life in Hong Kong: Renting vs. Owning
  • (4:54) From Medicine to Entrepreneurship
  • (6:09) Early Business Lessons & Getting Scammed
  • (7:44) Building and Selling the First Business
  • (9:02) YouTube Journey & Passive Income
  • (12:00) Revenue Growth, Plateau, and Lifestyle Design
  • (16:01) Money, Happiness, and Scarcity Mindset
  • (24:00) Motivation, Fulfillment, and Final Thoughts

This podcast is a ridiculous concept: high-net-worth people reveal their personal finances. Inspired by real conversations happening in the Hampton community.


Your Host: Harry Morton
  • Founder of Lower Street, a podcast production company helping brands launch and grow top-tier podcasts.
  • Co-parents a cow named Eliza.

What is Moneywise?

This is Moneywise, a podcast where hosts Sam Parr and Harry Morton are joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits. This podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups. Check it out at https://joinhampton.com/.