… escape 9-5, live anywhere, and join the new rich – The 4 Hour Work Week by Timothy Ferriss
Sound like a promise of heaven on earth. Real music to my ears. Is that just another hoax? Or perhaps it is exactly what it seems to be… Maybe it’s time to discover for yourself what lies behind this title. So check some of the best nuggets (visual quotes from books) and the book summary below.
IMPROVEMENT/ The 4 Hour Work Week by Timothy Ferriss
Optimize your work so you can have the life you want.
This book was challenging for me starting with the title:The 4 Hour Work Week.
So, I dared to search beyond it. I started to read, like I always do when I get a new book witch is totally unknown to me. This one comes structured in 4 major steps.
Each step comes with its own subtitles and a short summary at the end in order to help you extracting the best ideas of the book.
New information. New perspectives. New approaches. Sounded like a great reading deal for me. After the very first pages I found out that this book was also an expected DEAL for the writer.
- D is for Definition – Define your objectives. Decide what’s important. Set goals. Ask yourself, “What do I really want?”
- E is for Elimination – Eliminate distractions to free up time. Learn to be effective, not efficient. Focus on the 20% of stuff that’s important and ignore the 80% that isn’t. Put yourself on a low-information diet. Learn to shunt aside interruptions, and learn to say “no”.
- A is for Automation – Automate your cash flow to increase income. Outsource your life — hire a virtual assistant to handle menial tasks. Develop a business that can run on auto-pilot. (This is the weakest section of the book.)
- L is for Liberation – Liberate yourself from traditional expectations. Design your job to increase mobility. This could mean working from home, or it could mean using geographic arbitrage to take mini-retirements in countries with favorable exchange rates.
So far so good I thought. Let`s get to the business.
My story and why do you need this book.
At this point I’ve met the author. After college, Tim Ferriss took a soul-sucking sales job at a tech firm. He left to start a soul-sucking business of his own. He went from working 40 hours a week for somebody else to working 80 hours a week for himself. He hated it. The pay was good, but the business left him drained.
I bet you recognize yourself in this story. I know I did.
So, after a great moment of empathy, my curiosity struck again: how did he overcome this situation?
After learning about the Pareto Principle (more commonly known as the 80-20 Principle), Ferriss had a revelation: he streamlined his business, eliminating distractions and automating systems until it was not only more profitable, but also consumed less of his time.
He took a break for a while and then decided to write a book about “lifestyle design”. A book about creating a life that balances work and play, maximizing the positives of both.
I don’t know if this is the right time to say it, but what I liked the most about this book was the fact that it’s strongly connected to reality. Provides you plenty of interesting ideas, that are useful to be remembered and applied in our daily life. I’ll underline below some of these.
Postponing seems to be in our nature. The fragility of a life time is an impalpable truism: the more we know about it, the harder we ignore it. Today. Tomorrow. Someday. When it comes about changes, we seem to relate to a time horizon Unlimited.
“<Someday> is a disease that will take your dreams to the grave with you.”
Experiencing is coming from curiosity. When it comes about money, everybody wants to be rich. Which is our alibi for craving to this?
“People don’t want to be millionaires. They want to experience what they believe only millions can buy.”
Challenging moments define our future. Being mixed with the background will definitely bring us a comfortable routine but less joy. Swimming in the murky waters of an awkward conversation may draw our energy, but also teaches us a valuable lesson:
“A person’s success in life can usually be measured by the number of uncomfortable conversations he or she is willing to have.”
Extravagance is a luxury. This is a lesson taught to any of us by our parents, our friends, life experiences, etc. What if this is a myth? What if we learned the wrong definition of what extravaganza really means?
“Living like a millionaire requires doing interesting things and not just owning enviable things.”
Emphasize. Should we be focused on strengths? Should we fix weaknesses? From Tim Ferriss’s point of view it is far more lucrative and fun to leverage your strengths instead of attempting to fix all the chinks in your armor. So, the choice seems to be between multiplication of results using strengths or incremental improvement fixing weaknesses that will, at best, become mediocre.
“Focus on better use of your best weapons instead of constant repair.”
And starting with my favorite nugget, my curiosity grew more and more – like the Fahrenheit degrees in a thermometer.
So, I couldn’t help myself and I’ve done some research about the writer. This is how I found out how he managed to create this lifestyle that now most people envy (me included) . But I won’t tell you more. I leave you discover it here.
I left The 4 hour work week with my brain caffeinated with all kinds of new and bold ideas, and my pockets full of great and inspirational nuggets. If you want to visualize more about what this book is, don’t waste any more time. Check our nuggets and subscribe for more.
Until then, I leave you in the company of some memorable ideas like the following one:
“Get good at being a troublemaker and saying sorry when you really screw up.”
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