Money is multiplied in practical value depending on the number of W’s you control in your life:

• What you do
• When you do it
• Where you do it
• With whom you do it.

1. Retirement is the worst-case-scenario insurance.
2. Interest and energy are cyclical. Alternating between periods of rest and activity is essential.
3. Focus on being productive instead of busy.
4. The timing is...

• What is your absolute worst-case scenario?
• What could you do to repair the damage if this came to pass?
• What are the temporary and permanent outcomes and benefits of more probable scenarios?
• If you were fired today, how could you tak...

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 pu...

It means applying timelines to what most would consider dreams:

• The goals shift from ambiguous wants to defined steps.
• The goals have to be unrealistic to be effective.
• It focuses on activities that will fil...

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:

• Identify the few critical tasks that contribute most to income (Pareto’s Law: 80...

Most information is time-consuming and unnecessary. You should be critical with what you look at, read, or watch daily.

The low-information diet:

• Go on a one-week media fast immediately: no newspapers, magazines, news websites...

1. Time wasters. Things that can be ignored with little or no consequence
2. Time consumers. Repetitive tasks or requests that need to be completed but often interrupt high-level work
3. Empowerment failures. When someone needs app...

• Create systems that limit your availability and deflect inappropriate interruptions. For example, replacing a meeting with a brief email.
• Batch activities to limit costs and to create more time.
• Set autonomous rules

• Get a remote personal assistant to learn how to give orders.
• Never automate something that can be eliminated, and never delegate something that can be automated or streamlined.
• Refine rules and processes b...

Create an automated vehicle for generating cash without consuming time:

1. Pick an affordable niche market. Find a market and identify your customers, then develop a product for them.
2. Brainstorm products. The product should cost between $50 an...

• Practice environment-free productivity. Attempt to work for two hours in a cafe before proposing a remote trial.
• Quantify current productivity. Document your work efforts.
• Demonstrate remote work productivity. Rack up some...

1. Quitting is not permanent: It’s always possible to pick up your chosen career path with a different company at a later date.
2. You will be able to pay the bills: You can get a new stream of income before you quit your job or eliminate most of your ex...

It requires relocating to one place for one to six months before going home or moving to another locale.

• Your level of luxury is limited only by your level of creativity.
• Living abroad could save you money.
• Before going away, you have an excellent...

1. Continual Learning. Transport skills that you practice domestically to other countries, like sports. Instant social life and camaraderie. Or pick skills that you can practice there, like learning a language
2. Service. Doing something that improves li...