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The 4-hour Workweek

The 4-hour Workweek

by Timothy Ferriss

Timothy Ferriss

"There is no sure path to success, but the surest path to failure is trying to please everyone."

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The W's to Control

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

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Don't be like Deferrers who

  • Sacrifice life for retirement.
  • Endure 30-40 years of carrier.
  • Retire at 65.

Be the NEW RICH (NR) who-

  • Live their retired lifestyle throughout their lives.
  • Mobile and flexible wo...

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Remember DEAL

  1. D is for Definition: Define what are your worst fears and what you want to do in life.
  2. E is for Elimination. Kills the obsolete notion of time management once and for all. 
  3. A is for Automation.

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  1. Retirement Is Worst-Case-Scenario - It's like your life insurance, not your life goal.
  2. Work only when you are most effective.
  3. Less Is Not Laziness.
  4. The Timing Is Never Right. Start it NOW!
  5. Ask for Forg...

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Timothy Ferriss

"Most people fail not because they lack the skill or aptitude to reach their goal but because they simply don't believe they can reach it."

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Write down the answers in a sheet of paper-

  1. What is the worst thing that can happen to you?
  2. How likely that would actually happen?
  3. How could you get things back under control?
  4. What will be the outcomes? temporary and permanent.
  5. What you have done wrong?

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Resetting The SYSTEM

Advanced Goal Setting - Dreamlining-

  • What would you do if there were no way you could fail?
  • What does “being” entail doing?
  • What are the four dreams that would change it all?
  • Determine the cost of these dreams and calculate your Target Monthly ...

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Timothy Ferriss

“If you cannot find meaning in your life, it is your responsibility as a human being to create it.”

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Pareto's Law (80/20 Rule)

Pareto’s Law (80/20 Rule): 80% of the outputs result from 20% of the inputs.

Use 80/20 in work -

  1. If you had a heart attack and had to work two hours per day, what would you do?
  2. If you had a second heart attack and had t...

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Parkinson's Law

Parkinson’s Law: tasks will swell in (perceived) importance and complexity in relation to the time allotted for their completion.

Set a deadline for each and every task or project.

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To be selectively ignorant, learn to ignore or redirect all information and interruptions that are irrelevant, unimportant, or unactionable.

The Low-Information Diet:

  1. Go on an immediate one-week media fast.
  2. Only consume information for something i...

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Timothy Ferriss

“Information is useless if not applied to something important. Or if you will forget it before you have a chance to apply it.”

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How to Fix Interruptions

  • Check email twice per day. Create an email autoresponse so people respect your new rule.
  • Screen incoming and limit outgoing phone calls.
  • Use two numbers: one office line (non-urgent) and one cellular (urgent).
  • Don’t let ...

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Get a remote personal assistant to learn how to give orders. It is small-scale training wheels for the most critical of NR skills: remote management and communication.

Never automate something that can be eliminated, and never delegate something that can be automated or str...

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Income Automation

The 3 recommended options for automation:

  1. Resell. The easiest route but also the least profitable. It is the fastest to set up but the fastest to die off due to price competition with other resellers.
  2. License. Two options: invent and let someon...

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Timothy Ferriss

“Earn dollars. Live on pesos. Compensate in rupees.”

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The approach for working from home for your office work - 

  1. Use a pre-planned project or emergency and take two weeks out of the office.
  2. Propose how you can work remotely.
  3. Make those two weeks the most productive at work.

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Adding Life After Subtracting Work

The two fundamental components to enjoy life:

  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 or reading books...

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  1. Do not answer calls from unknown phone numbers
  2. Do not email first thing in the morning or last thing at night
  3. Do not agree to meetings or calls with no clear agenda or end time
  4. Do not let people ramble
  5. Do not check email constantly—“batch” and check at set tim...

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The 6 Basic Rules of the Choice-Minimal Lifestyle

  1. Set rules for yourself so you can automate as much decision-making as possible.
  2. Don’t provoke deliberation before you can take action
  3. Don’t postpone decisions just to avoid uncomfortable conversations.
  4. Learn to make nonfatal or reversible decisions as quickly as possi...

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