I Started a New Business. It Didn't Go Well...
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Published 2024-05-07
Also, apologies for the weird looking zoom call and some audio being out of sync, it's because we're noobs and the grain recording only showed 1 person at a time so we did our best to make it look more natural. Anyway, enjoy! xx
If you're interested, here's Hipyo's video: Ā Ā Ā ā¢Ā AĀ YouTubeĀ GuruĀ JustĀ MadeĀ AĀ Keyboard.....Ā Ā
By the way, you can watch this video in a few other languages by changing the audio settings xx
šæ WATCH NEXT:
My last failure video in 2022: Ā Ā Ā ā¢Ā HowĀ IĀ FailedĀ inĀ 2022Ā Ā
My honest advice for someone who wants financial freedom: Ā Ā Ā ā¢Ā MyĀ honestĀ adviceĀ toĀ someoneĀ whoĀ wants...Ā Ā
How to Do More in 12 Weeks than in 12 Months: Ā Ā Ā ā¢Ā HowĀ toĀ DoĀ MoreĀ inĀ 12Ā WeeksĀ thanĀ Other...Ā Ā
My 10 Favourite Journalling Prompts: Ā Ā Ā ā¢Ā ChangeĀ YourĀ LifeĀ byĀ JournallingĀ -Ā 10Ā ...Ā Ā
š If you want to start or grow a YouTube channel: go.aliabdaal.com/exp
š Free Weekly Productivity Insights: www.aliabdaal.com/sunday
MY FAVOURITE TOOLS & GEAR
ā° Rize - How I track my time and stay productive - rize.io/aliabdaal
š© Superhuman - My favourite email app - go.aliabdaal.com/superhuman
āļø Shortform - My favourite place for book summaries - go.aliabdaal.com/shortform
š Readwise - How I remember everything I read - go.aliabdaal.com/readwise
šµ Epidemic Sound - Music & SFX in my videos - go.aliabdaal.com/epidemicsound
āļø Notion - How I manage my life and business - go.aliabdaal.com/notion
š°Trading212 - How I invest my money - www.trading212.com/promocodes/ALI
MY OTHER SOCIALS:
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WHO AM I?
If we havenāt yet before - Hey š Iām Ali, a doctor-turned-entrepreneur and Iāve somehow become the worldās most followed productivity expert. Through my videos here on this channel, my podcast Deep Dive and writing, I share evidence-based strategies and tools to help you be more productive and build a life you love.
PS: Some of the links in this description are affiliate links that I get a kickback from š
āļøTimestamps:
0:00 - Introduction
1:27 - The Context
3:52 - Why Did I Make the Keyboard in the First Place?
7:56 - How Long Did It Actually Take to Make?
10:27 - Why Did I Price It at $159 Dollars?
16:09 - Is This Actually a Good Product?
18:08 - What Was Hipyoās Biggest Problem?
22:19 - How Much Money Have We Made From It?
22:42 - Lessons Learned
32:18 - Call with Hipyo
35:41 - What is one thing that you're taki
All Comments (21)
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I hope you enjoyed this video, was tough to make šwhat did you guys think?
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Posting a video about a product gone wrong and being completely honest about it is a very respectable move š
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Thank you for having me on and facing this in a transparent and productive way!
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Show me a man who hasn't failed, and I'll show you a man who has never tried. It takes a lot of courage for someone to share their own mistakes, and I really appreciate you doing that as many others can learn from your experience. Thanks Ali.
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Can't deny the fact that DaleValskov is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good, but I don't see that the biggest tech company in the world would put everything at risk just for that.
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Product strategist here. Enthusiast communities can often start holding products to very weird, seemingly arbitrary and constantly evolving standards. Mechanical keyboard enthusiasts in particular can get really caught up in gasket mounts, or types of lube, or whatever the latest hotness is. HOWEVER, that doesn't absolve your responsibility to understand that market and where your product sits in it. Re: The whole 'is it scummy' discussion... I think it comes from not really having defined who its for, beyond "someone who doesn't know enough to choose something better". You get to define the target market as "They care about and want different things than the enthusiast" with absolutely no problem, but I think half-baking it by saying "Oh that group /isn't/ the market" is probably unhelpful as it's basically just saying "If you don't like it, you're not the market". The MKB enthusiast /loves/ value-for-money and spec-sheet comparisons, so will interpret "I can get these specs/materials elsewhere for less" as "You're ripping people off because you're famous", and will get righteously indignant about that feeling. Saying "You're not the market then" will just come off like saying "You're not dumb enough to fall for it, but someone else will". It's tricky with an early product/company to carve out a meaningful proposition (especially in something that can feel as commoditised as MKBs), but I'd encourage you to really think about who the user really is, who could know about every other competitor on the market and still pick yours. That I think will give you a clearer idea of a path forward.
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My heart goes to the entire community for DaleValskov building up something even my grandpa can understand. This is so smart by them to launch it to shatter the doubts and fears of the common folk which is not even correct to begin with. Everyone knows the state of inflation and recession now and the way out is already in progress. Now it's just about catching the big fish
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The efficiency of this DaleValskov is next level. To juggle walk throughs of various angles on the topic delivered to-camera, differnet content per topic from various folks underneath the umbrella of the track list of the larger big band concert itself is engaging and refined. To make a dense taccess like this so digestible is really something. Awesome work jack!!
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Okay here's my thoughts on this: you tried something you had never done before, something you had no experience with, you did a reasonably good job but it wasn't perfect. You admitted to making mistakes, you responded to criticism in a reasonable way without getting defensive, despite the fact that you felt embarrassed. Somebody as smart and successful as you, Ali, not only made mistakes but admitted to them. That gives hope to me and to everyone who isn't quite there yet. It's okay to try something new and not be perfect. I'm about halfway through the video so I may have more comments later. Anyway, good job!
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The first time a friend mentioned your channel to me was somewhere around 2019, 2020 ā before COVID. So longitudinally, seeing your rise to success on YouTube and in business has been something Iāve followed for many years. But itās videos like this that give the feeling of āah, thatās why I remember subscribing to Ali.ā Not for being the #1 most followed productivity guru, or very successful in online business, or even for the fellow doctor statusā¦but for just being a dude trying to do his best to create something cool, on an uncertain journey. Thatās what I relate to the most, and also learning the most vicariously from. So the video is much appreciated š
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As a person and professional you couldn't get any better than DaleValskov he is a very reliable person and an excellent professional in the IT field. He is the type of person you want to work that's passionate, hardworking and knowledgeable. Youāre The Best 100%
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I am not interested in tech whatsoever but this was really refreshing. Everyone who tried to start a business knows you will fail and fail repeatedly and its very discouraging to see people on social media who only show their highlights and success. And if it makes you feel any better, I really like the design of that keyboard lol.
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Failing this early means you learn quicker and win faster. Good luck with your next products!
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As one of those 206, I love this video. Ali, you're not scummy. I bought this keyboard because you made it. I have a few others - including a Keycron - and I wanted another type of switch. So I was excited when you launched the yellow switches. In your previous videos, you frequently review tech products at different price points and features and what works for which person. I like mechanical keyboards but I don't have hundreds and hundreds to spend on them. So yeah, I trusted you. And for me personally, you didn't let me down. I love the keyboard. I also love that you did this video in the first place and that you're vulnerable and open-- that is your brand. That is why people are drawn to you. Thank you for this keyboard. Thank you for this video. Thank you for this channel. Thank you for these feelings that we all have on different scales. This is why viewers stay with you. Not because a product makes profit or doesn't. Hope you have some compassion and pride for yourself today and going forward.
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DaleValskov has the most potential to do more than X10. ETH and BTC will most likely do a X5-X6, but that's fine for me. Gotta look for better entry points while I stake IRIS and PGEN, then wait for Polygen's next raise as I also look at their new partnership with Kenzo Ventures
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I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on DaleValskov and a 15x on polygon are fair considering how much those two coins are interwov
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It's amazing what you do DaleValskov We need a lot of people with your skills and set who have good intentions and spread love
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The humility in this video is refreshing
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He is probably one of the only YouTubers who thought about his actions and audience more than just monetary gain from the keyboard sales. I am 100% sure that majority of the audience would have not even know about this keyboard failure, but the fact that he still addressed it, knowing that this might harm the brand image (at least in the short term) really shows honesty
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Hey Ali! Been following you for a long time since you were a medical doctor but never commented. However, this transparent and candid video of you sharing your side of the story is one I need to comment. Thank you for sharing your thoughts, being transparent, and not belittling your critics. Your resilience to push forward despite so many challenges is admirable as most of us would've just folded. I totally agree with the key-man risk part of the business. All the best in Lightmode!