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The 4-Hour Workweek
by Timothy Ferriss
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"The New Rich are defined by a more elusive power than simple cash—unrestricted mobility."
Tim Ferriss
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Money is multiplied in practical value depending on the number of W’s you control in your life:
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99% of the people in the world are convinced they are incapable of achieving great things so they aim for the mediocre. Competition is strong for realistic goals.
Excitement is the more practical synonym for happiness, and it's the thing what you should pursue. Boredom is the enemy, not failure.
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I means applying timelines to what most would consider dreams:
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What you do is far more important than how you do it. Efficiency is important, but it’s redundant unless it’s being applied to the right things.
To be productive:
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Most information is time-consuming and unnecessary. You should be critical with what you look at, read, or watch daily.
The low-information diet:
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An interruption is anything that prevents the start-to-finish completion of a critical task.
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Create an automated vehicle for generating cash without consuming time:
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It requires relocating to one place for one to six months before going home or moving to another locale.
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Most of us get 80% of results from 20% of the work we do. So focus on that 20%.
Don’t be vague. Specify what you need to get done - research shows that having concrete goals is correlated with huge increases in confidence and feelings of control.
You have 2-2.5 hours of peak productivity every day. You may actually be 30% more effective at that time. For most of us, this happens in the morning.
Those are the hours when you should be working on your main goals. Why would you want to waste that on a conference call or a staff meeting?
5
Key Ideas
“If you are insecure, guess what? The rest of the world is, too. Do not overestimate the competition and underest..."
“Role models who push us to exceed our limits, physical training that removes our spare tires, and risks that expand our sphere of comfortable action are all examples of eustress — stress that is healthful and the stimulus for growth.”
“Excitement is the more practical synonym for happiness, and it is precisely what you should strive to chase. It is the cure-all.”