4 Hour Work Week
Learn how to live the life of your dreams and work less.
The New York Times bestselling author of The 4-Hour Body, Timothy Ferriss, gives you the direction to take control of your life. He’s not just speaking theories here, he’s actually lived it.
In The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich, Timothy provides his personal collection of life experiences and lessons he’s learned along the way. These lessons and insights allowed him to achieve the life he’s living today, in total control and living on his terms.
The book is based totally on real life examples, no scientific mumbo jumbo.
The book has 4 main ideas: Definition, Elimination, Automation, and Liberation (DEAL, in short). This makes it easy to remember and put the ideas into action.
Step I: D is for Definition
Timothy defines the new rich, which he shows is not specifically speaking of wealth but of people who live the life they want as if they had a lot money, enough money to give them the freedom to do what they want, anytime, anywhere.
He breaks down some traditional thinking about working hard and making money. He talks about mini-retirements, working hard for a short period of time then relaxing for a while in a mini retirement.
To get this freedom abandoning the traditional 9-5 workweek is a must.
The main goal of the 4 Hour Workweek is to show you how to break away from the traditional mindset and give you the power to control your life, the freedom to do what you want and where you want to do it. It’s a complete mindset change from what we’ve traditional be taught and what the “New Rich” actually means for normal everyday people.
Timothy gives a timeline and plan on how to implement the system. Thought and planning is given to having a backup plan. With the backup plan in place it takes away the fears of starting something completely new, gives you the courage to actually go out and make the change, join the “New Rich” and start living your life.
This all sounds great and good, but going out and doing it is the hard part, especially just getting started. In The 4-Hour Workweek Timothy Ferriss gives you a framework called “dreamlining”. This puts a timeline on your dreams and motivates you to make the necessary changes. He also provides a link to a free Dreamlining document that works as a template to help you get it done.
Step II: E is for Elimination
In this part he talks about wasting time and being productive. Being busy doesn’t mean your productive. If your busy doing the wrong things it’s not going to help. He helps figure out what’s important and how to work smart.
When in work mode focus on the items that will make you money, he does this using the 80/20 rule, the Pareto Principle.
The Pareto Principle states that 20% of our actions give 80% of the results. It can really applied to just about anything in life. The key is to concentrate on the 20%. Be productive doing the 20% that actually matters. Timothy provides a path to identify the 20% and eliminating the other stuff you don’t need or that provides little value for the amount of time you need to put in.
He shows how to make “No” your normal answer when someone asks you for your time. After you’ve decided if it fits in the 20% you can say “Yes”.
Step III: A is for Automation
This is big part, once you’ve focused on the key 20% and eliminated the useless stuff you then start focusing on how to get other people doing the 20% for you. It’s actually a great idea that no one really thinks about or uses much.
He gives a plan to focus on how to “Automate” a large chunk of the 20%. He’ll show you how to set it up to make sure you’re getting quality service and not paying too much for it, actually getting it a very reasonable rate.
Step IV: L is for Liberation
This part show’s how to implement everything together to get your routine down and give you the life you want, be part of the “New Rich” in total control of your life.
Timothy goes through the fears of quitting your job and how to make sure you’re setup properly before you make a major step such as that.
Once everything is in place and done you’re in the liberated state, finally living life with the freedom to do what you want.
One key from the book and living the “New Rich” lifestyle is the fact that it doesn’t actually take as much money as people think to do it. In Timothy Ferriss’s book he provides a great outline and many practical lessons and life experiences that prove this.
It’s well worth the read and it’s only a few bucks from Amazon Kindle.
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