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Deep Dive · December 24, 2024 · 38m

How to start a 7-figure business in 2025: Advice from 4 millionaires

Ali distills lessons from four entrepreneurs who built seven-figure businesses in 2024. Common patterns include starting with audience before product, and treating business as an experiment rather than a commitment.

Canon

Abdaal observes that none of the four entrepreneurs made a dramatic leap from employment to entrepreneurship. Each built courage through side projects that gradually grew until the leap was small.

Highlights

Building an audience before a product reverses the traditional startup risk
All four entrepreneurs built audiences (via newsletters, YouTube, or social media) before creating products. This meant they had validated demand before spending money on supply. The environment of an existing audience de-risks product launches.