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The 4-Hour Work Week Summary
About The 4-Hour Work Week Book
What do you do? Tim Ferriss has trouble answering the question. Depending on when you ask this
controversial Princeton University guest lecturer, he might answer:
"I race motorcycles in Europe."
"I ski in the Andes."
"I scuba dive in Panama."
"I dance tango in Buenos Aires."
He has spent more than five years learning the secrets of the New Rich, a fast-growing subculture who has abandoned the "deferred-life plan" and instead mastered the new currencies--time and mobility--to create luxury lifestyles in the here and now.
Whether you are an overworked employee or an entrepreneur trapped in your own business, this book is the compass for a new and revolutionary world. Join Tim Ferriss as he teaches you:
- How to outsource your life to overseas virtual assistants for $5 per hour and do whatever you want
- How blue-chip escape artists travel the world without quitting their jobs
- How to eliminate 50% of your work in 48 hours using the principles of a forgotten Italian economist
- How to trade a long-haul career for short work bursts and freuent "mini-retirements"
- What the crucial difference is between absolute and relative income
- How to train your boss to value performance over presence, or kill your job (or company) if it's beyond repair
- What automated cash-flow "muses" are and how to create one in 2 to 4 weeks
- How to cultivate selective ignorance--and create time--with a low-information diet
- What the management secrets of Remote Control CEOs are
- How to get free housing worldwide and airfare at 50-80% off
- How to fill the void and create a meaningful life after removing work and the office
You can have it all--really.
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4.5/5 (3139 reviews)
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I feel this book made me look at myself and see that I want to get the f... out of the rat race we live in every day. I want to feel free I soon as I can. And for that we have to reach a level of financial stability not so easy to achieve. But with some of these tips it is possible,
The 4-hour Work Week
What is the difference between a wealthy filthy rich person and a cubicale dweller 9-5 working person?
The purpose of this book is to understand what world traveling and luxury life freedom is. And to get to the answer to this question.
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There are 3 ingredients for a luxury diet:
- TIME
- MOBILITY
- LIBERATION
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"Someday" is a curse to your dreams, because you'll take your dreams to the grave.
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This book deals with what Ferriss refers to as "lifestyle design", and repudiates the traditional "deferred" life plan in which people work grueling hours and take few vacations for decades and save money in order to relax after retirement.
Whenever you find yourself on the side of majority, it’s time to pause and reflect.
MARK TWAIN
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Rules For The New Rich
- What you do with your time? And
- what you do with your money?
should be 2 completely different things.
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Test Your Most Basic Assumptions Of Work-Life Equation
- How do your decisions change, if retirement is not an option? (Inactivity should not be a goal)
- What if you could use a mini retirement to sample your deferred life plan reward before working 40 years for it?
- Is it really necessary to work like a slave to live like a millionaire?
Remember “The perfect job is the one that takes the least time”.
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A very nice thread from @mindset_machine on Twitter. Short, easy to understand but still give value.
10 Lessons from the book "The 4-Hour Workweek"
Twitter account @Mindset_Machine shared his thread about 10 lessons from the book "The 4-Hour Workweek"
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1. If you are insecure, guess what? The rest of the world is, too.
Do not overestimate the competition and underestimate yourself.
You are better than you think.
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2. To enjoy life, you don't need fancy nonsenseBut you do need to control your time and realize that most things just aren't as serious as you make them out to be.
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Freedom Multiplier
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, and
with whom you do it.
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Distress Is Bad, Eustress Is Good
not all stress is bad.
There are two separate types of stress
Distress refers to harmful stimuli that make u weaker, less confident, and less able.ex:Destructive criticism, abusive bosses
Eustress, on the other hand, is a stress that is healthful and the stimulus for growth.Eu-, a Greek prefix for "healthy," is used in the same sense in the word "euphoria." Ex:Role models who push us to exceed ur limits, risks that expand our sphere of comfortable action. there is no progress without eustress. the more eustress we can create or apply to our lives, the sooner we can actualize our dreams.
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