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1. Definition
Define your goal in this life and estimate its cost. In this stage, you will envision the fundamentals of your entirely new lifestyle. Then, you’ll add the remaining three ingredients.
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5. The Pareto Principle (80/20)
- According to the Pareto Principle, recommended by Tim Ferriss himself, roughly 20% of your efforts result with roughly 80% of the effects.
- By doing 20% of the work you’re doing now (of course, you’ll wisely choose those 20%), you’ll achieve 80% of the results you’re reac...
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2. Elimination (cont.)
- Ferriss recommends techniques for cultivating selective ignorance.
- You won’t be spending time on processing information you don’t need.
- You’ll start ignoring things that are not import...
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Introduction - What is Possible?
- Imagine one thing for a minute: a working week of only four hours. Don’t worry; the idea is that you’d still be making enough money. You’ll be working less, but you’ll be more productive.
- What would you do with the time you have left? Movies. A boo...
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2. Elimination
- What do you need to eliminate? Your old mindset about time management.
- Once you define your goal and you understand how much money you need to make it happen, you’ll find the source of that income. The source won’t be the work in the office.
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Brief Explanation on the Concept of the 4-Hour Workweek
- If you think about it, you surely know someone who owns a company and is absolutely consumed by it.
- Tim Ferriss is convincing entrepreneurs that there’s a better way to live: work less and make more money.
- I find that this book is not only the Bibl...
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3. Automation
- For this part, the author teaches you how to put cash flow on autopilot.
- Implementing the previous two steps should provide you with a stable income and tons of free time.
- What do you do with it? In other words, you get to the tricky What’s Next? sta...
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6. The Low-Information Diet
- This is another important aspect of the decluttering process.
- Ferriss recommends making the task lists that keep you on track and create a
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4. Liberation
- “The mobile manifesto for the globally inclined” – that’s how Tim Ferriss defines liberation.
- He suggests a concept of mini retirements.
- The lifestyle of mobility is not about cheap travel. That can get boring.
- The author recommen...
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D. E. A. L
- According to Tim Ferriss, we should make four major steps to make the transition towards the 4-hour workweek.
- DEAL is the name of this system, meaning Definition, Elimination, Automation, and Liberation.
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CURATED FROM
How I Implemented The 4-Hour Workweek Methodology And Doubled My Results
timedoctor.com
10 IDEAS
·1.54K Reads
CURATED BY
Lawyer turned Artist Visionary Curator & Gallerist. Empowering self-love and joy through art & words. www.innerjoyart.com 💝 Instagram : dymphna.art
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When it comes to decisions, conduct whatever research you need to and make your estimate — and then go through the whole thing again, generating a second estimate. Take the average of the two estimates, and you’ll likely make a better decision than you would if you used either on its own.
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